BST:2SSA

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Executive Summary

Sub Sri Thai Public Company Limited, together with its subsidiaries, engages in food and beverage, warehouse and wharf, and garment businesses in Thailand and internationally. More Details


Snowflake Analysis

Overvalued with worrying balance sheet.


Similar Companies

Share Price & News

How has Sub Sri Thai's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2SSA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.4%

2SSA

-4.0%

DE Consumer Retailing

-7.3%

DE Market


1 Year Return

-63.5%

2SSA

-4.5%

DE Consumer Retailing

-7.7%

DE Market

Return vs Industry: 2SSA underperformed the German Consumer Retailing industry which returned -4% over the past year.

Return vs Market: 2SSA underperformed the German Market which returned -6.6% over the past year.


Shareholder returns

2SSAIndustryMarket
7 Day1.4%-4.0%-7.3%
30 Day-9.0%-3.8%-7.7%
90 Day-20.2%-1.6%-4.5%
1 Year-63.3%-63.5%-1.4%-4.5%-4.8%-7.7%
3 Year-81.0%-81.3%10.6%-0.7%-9.2%-17.2%
5 Year-84.5%-84.9%5.4%-11.2%11.4%-4.5%

Price Volatility Vs. Market

How volatile is Sub Sri Thai's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sub Sri Thai undervalued compared to its fair value and its price relative to the market?

0.49x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 2SSA (€0.04) is trading above our estimate of fair value (€0.01)

Significantly Below Fair Value: 2SSA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 2SSA is unprofitable, so we can't compare its PE Ratio to the XE Consumer Retailing industry average.

PE vs Market: 2SSA is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2SSA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2SSA is good value based on its PB Ratio (0.5x) compared to the XE Consumer Retailing industry average (1.6x).


Next Steps

Future Growth

How is Sub Sri Thai forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.0%

Forecasted Consumer Retailing industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sub Sri Thai has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Sub Sri Thai performed over the past 5 years?

1.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2SSA is currently unprofitable.

Growing Profit Margin: 2SSA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2SSA is unprofitable, but has reduced losses over the past 5 years at a rate of 1.2% per year.

Accelerating Growth: Unable to compare 2SSA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2SSA is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (3.9%).


Return on Equity

High ROE: 2SSA has a negative Return on Equity (-2.94%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sub Sri Thai's financial position?


Financial Position Analysis

Short Term Liabilities: 2SSA's short term assets (฿1.4B) do not cover its short term liabilities (฿1.5B).

Long Term Liabilities: 2SSA's short term assets (฿1.4B) do not cover its long term liabilities (฿3.4B).


Debt to Equity History and Analysis

Debt Level: 2SSA's debt to equity ratio (72.5%) is considered high.

Reducing Debt: 2SSA's debt to equity ratio has reduced from 86.7% to 72.5% over the past 5 years.

Debt Coverage: 2SSA's debt is not well covered by operating cash flow (10.9%).

Interest Coverage: 2SSA is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Sub Sri Thai current dividend yield, its reliability and sustainability?

0.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2SSA's dividend (0.41%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.28%).

High Dividend: 2SSA's dividend (0.41%) is low compared to the top 25% of dividend payers in the German market (3.89%).


Stability and Growth of Payments

Stable Dividend: 2SSA is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: 2SSA is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 2SSA is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2SSA's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Supasith Sukhanindr (44 yo)

3.58yrs

Tenure

Mr. Supasith Sukhanindr serves as Chief Executive Officer of Mudman Public Company Limited since July 1, 2020. Mr. Sukhanindr serves as the Chairman of Executive Director at Sub Sri Thai Public Company Lim ...


Leadership Team

NamePositionTenureCompensationOwnership
Supasith Sukhanindr
Vice Chairman3.58yrsno data29.01%
฿ 8.8m
Limly Thipphongpraphas
VP, Group Chief Corporate Finance0.42yrno datano data
Patcharee Boonnak
Senior Operation Managerno datano datano data
Somsak Tangprakob
Accounting & Finance Manager2.75yrsno datano data
Piyapong Rintranurak
Head of Group Corporate Finance0.92yrno datano data

2.8yrs

Average Tenure

44yo

Average Age

Experienced Management: 2SSA's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Supasith Sukhanindr
Vice Chairman3.58yrsno data29.01%
฿ 8.8m
Limly Thipphongpraphas
VP, Group Chief Corporate Finance0.42yrno datano data
Chitra Thavara
Independent Director14.92yrsno datano data
Duangkae Chinthammit
Director14.92yrsno data5.12%
฿ 1.6m
Intira Sukhanindr
Director15.75yrsno data9.46%
฿ 2.9m
Duangdao Chinthammit
Director15.75yrsno data13.33%
฿ 4.0m
Surapong Paisitpatnapong
Independent Chairman0.75yrno datano data
Tosporn Simtrakan
Independent Director6.5yrsno datano data
Somyod Suteerapornchai
Director0.75yrno datano data

6.5yrs

Average Tenure

64yo

Average Age

Experienced Board: 2SSA's board of directors are considered experienced (6.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sub Sri Thai Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sub Sri Thai Public Company Limited
  • Ticker: 2SSA
  • Exchange: BST
  • Founded: 1976
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Market Cap: ฿1.103b
  • Listing Market Cap: ฿30.377m
  • Shares outstanding: 501.39m
  • Website: https://www.subsrithai.co.th

Location

  • Sub Sri Thai Public Company Limited
  • 2044/25-27, New Petchaburi Extension
  • Bangkapi
  • Bangkok
  • 10310
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SSTSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBJul 1994
SST-RSET (The Stock Exchange of Thailand)THB1(NVDR)THTHBAug 2001
2SSABST (Boerse-Stuttgart)THB1(ALIEN MKT)DEEURJun 2010

Biography

Sub Sri Thai Public Company Limited, together with its subsidiaries, engages in food and beverage, warehouse and wharf, and garment businesses in Thailand and internationally. The Food and Beverage segment ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 22:15
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.