BST:NVP8

Stock Analysis Report

Executive Summary

Berli Jucker Public Company Limited manufactures, distributes, and services in the areas of packaging, consumer, healthcare and technical, modern retail supply chain, and other group businesses in Thailand.


Snowflake Analysis

Proven track record average dividend payer.


Similar Companies

Share Price & News

How has Berli Jucker's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NVP8's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.1%

NVP8

-4.0%

DE Consumer Retailing

-5.7%

DE Market


1 Year Return

-20.6%

NVP8

-1.5%

DE Consumer Retailing

6.1%

DE Market

Return vs Industry: NVP8 underperformed the German Consumer Retailing industry which returned -1.5% over the past year.

Return vs Market: NVP8 underperformed the German Market which returned 6.1% over the past year.


Shareholder returns

NVP8IndustryMarket
7 Day-7.1%-4.0%-5.7%
30 Day-11.1%-2.3%-5.7%
90 Day-23.0%-1.9%-3.6%
1 Year-19.4%-20.6%2.4%-1.5%9.3%6.1%
3 Year-9.1%-12.4%5.0%-5.5%8.9%-0.7%
5 Year21.2%2.7%5.3%-10.9%13.6%-2.0%

Price Volatility Vs. Market

How volatile is Berli Jucker's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Berli Jucker undervalued compared to its fair value and its price relative to the market?

46.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NVP8 (€1.04) is trading below our estimate of fair value (€1.93)

Significantly Below Fair Value: NVP8 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NVP8 is poor value based on its PE Ratio (21.4x) compared to the Consumer Retailing industry average (19.6x).

PE vs Market: NVP8 is poor value based on its PE Ratio (21.4x) compared to the German market (20.2x).


Price to Earnings Growth Ratio

PEG Ratio: NVP8 is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: NVP8 is good value based on its PB Ratio (1.3x) compared to the XE Consumer Retailing industry average (1.6x).


Next Steps

Future Growth

How is Berli Jucker forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

9.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NVP8's forecast earnings growth (9.7% per year) is above the savings rate (-0.4%).

Earnings vs Market: NVP8's earnings (9.7% per year) are forecast to grow slower than the German market (13% per year).

High Growth Earnings: NVP8's earnings are forecast to grow, but not significantly.

Revenue vs Market: NVP8's revenue (4.9% per year) is forecast to grow slower than the German market (5.1% per year).

High Growth Revenue: NVP8's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NVP8's Return on Equity is forecast to be low in 3 years time (6.6%).


Next Steps

Past Performance

How has Berli Jucker performed over the past 5 years?

29.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NVP8 has high quality earnings.

Growing Profit Margin: NVP8's current net profit margins (4.3%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: NVP8's earnings have grown significantly by 29.3% per year over the past 5 years.

Accelerating Growth: NVP8's earnings growth over the past year (8.5%) is below its 5-year average (29.3% per year).

Earnings vs Industry: NVP8 earnings growth over the past year (8.5%) exceeded the Consumer Retailing industry 2%.


Return on Equity

High ROE: NVP8's Return on Equity (6.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Berli Jucker's financial position?


Financial Position Analysis

Short Term Liabilities: NVP8's short term assets (฿40.2B) do not cover its short term liabilities (฿72.9B).

Long Term Liabilities: NVP8's short term assets (฿40.2B) do not cover its long term liabilities (฿130.2B).


Debt to Equity History and Analysis

Debt Level: NVP8's debt to equity ratio (135.3%) is considered high.

Reducing Debt: NVP8's debt to equity ratio has increased from 99.6% to 135.3% over the past 5 years.

Debt Coverage: NVP8's debt is not well covered by operating cash flow (12%).

Interest Coverage: NVP8's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet

Inventory Level: NVP8 has a high level of physical assets or inventory.

Debt Coverage by Assets: NVP8's debt is not covered by short term assets (assets are 0.3x debt).


Next Steps

Dividend

What is Berli Jucker's current dividend yield, its reliability and sustainability?

1.97%

Current Dividend Yield


Dividend Yield vs Market

company2.0%marketbottom25%1.4%markettop25%3.8%industryaverage3.8%forecastin3Years2.4%

Current dividend yield vs market & industry

Notable Dividend: NVP8's dividend (1.97%) is higher than the bottom 25% of dividend payers in the German market (1.43%).

High Dividend: NVP8's dividend (1.97%) is low compared to the top 25% of dividend payers in the German market (3.8%).


Stability and Growth of Payments

Stable Dividend: NVP8's dividend payments have been volatile in the past 10 years.

Growing Dividend: NVP8's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (42.2%), NVP8's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: NVP8's dividends in 3 years are forecast to be well covered by earnings (45.7% payout ratio).


Next Steps

Management

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

1.4yrs

Average management tenure


CEO

Aswin Techajareonvikul (42yo)

7.5yrs

Tenure

0

Mr. Aswin Techajareonvikul has been the Chief Executive Officer and President of Big C Supercenter Public Company Limited since March 22, 2016. Mr. Techajareonvikul has been the Chief Executive Officer of  ...


Leadership Team

NamePositionTenureCompensationOwnership
Charoen Sirivadhanabhakdi
Chairman & Chairman of the Executive Board19.1yrsno datano data
Aswin Techajareonvikul
CEO, President7.5yrsno datano data
Thapanee Techajareonvikul
Senior EVP of CEO/President Office0yrsno datano data
Tevin Vongvanich
Vice Chairman of Executive Board & Vice Chairman0.3yrsno datano data
Supakit Assavachai
CFO & Member of Management Board1.1yrsno datano data
Terapon Kietsuranon
President of Healthcare & Technical Business and Member of Management Board0yrsno datano data
Teera Werathamsathit
Chief People Officer & Member of Management Board0yrsno datano data
Tul Wongsuphasawat
President of Consumer Products Business & Member of Management Board2.3yrsno datano data
Vichien Rungwattanakit
President of Packaging & Engineering Business and Member of Management Board0.9yrsno datano data
Kamonwan Sivaraksa
Company Secretary1.8yrsno datano data

1.4yrs

Average Tenure

57yo

Average Age

Experienced Management: NVP8's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Charoen Sirivadhanabhakdi
Chairman & Chairman of the Executive Board19.1yrsno datano data
Aswin Techajareonvikul
CEO, President7.5yrsno datano data
Tevin Vongvanich
Vice Chairman of Executive Board & Vice Chairman0.3yrsno datano data
Prasit Kovilaikool
Independent Director10yrs฿3.56mno data
Thirasakdi Nathikanchanalab
Director17.5yrsno datano data
Weerawong Chittmittrapap
Independent Director18.2yrs฿1.57mno data
Prasert Maekwatana
Director17.1yrs฿900.00kno data
Sithichai Chaikriangkrai
Director18.2yrs฿1.44mno data
Khunying Wanna Sirivadhanabhakdi
Vice Chairman19.1yrsno datano data
Potjanee Thanavaranit
Independent Director2.3yrs฿1.57mno data

17.3yrs

Average Tenure

73yo

Average Age

Experienced Board: NVP8's board of directors are seasoned and experienced ( 17.3 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

Berli Jucker Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Berli Jucker Public Company Limited
  • Ticker: NVP8
  • Exchange: BST
  • Founded: 1882
  • Industry: Hypermarkets and Super Centers
  • Sector: Consumer Retailing
  • Market Cap: ฿148.254b
  • Listing Market Cap: ฿4.295b
  • Shares outstanding: 4.01b
  • Website: https://www.bjc.co.th

Location

  • Berli Jucker Public Company Limited
  • Berli Jucker House, 99 Soi
  • Rubia, Sukhumvit 42 Road
  • Bangkok
  • 10110
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BJCSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBJan 1992
BJC-FTHAMSE (Bangkok-Alien Market Stock Exchange)THB1(ALIEN MARKET)THTHBJan 1992
NVP8BST (Boerse-Stuttgart)THB1(ALIEN MARKET)DEEURJan 1992
BJC-RSET (The Stock Exchange of Thailand)THB1(NVDR)THTHBAug 2001
BLJZ.YOTCPK (Pink Sheets LLC)ADRUSUSDApr 2012

Biography

Berli Jucker Public Company Limited manufactures, distributes, and services in the areas of packaging, consumer, healthcare and technical, modern retail supply chain, and other group businesses in Thailand. Its Packaging Supply Chain segment designs, manufactures, markets, and distributes glass containers, and aluminum cans and rigid plastic containers. The company’s Consumer Supply Chain segment is involved in the manufacturing, marketing, and distribution of consumer products, including food products, household products, and personal care products under the BJC’s brand, as well as providing customs clearing, warehousing, transportation, and distribution services. Its Healthcare and Technical Supply Chain segment imports and distributes various healthcare products and technical products, such as pharmaceuticals, hospital supplies, and industrial chemicals; and designs, supplies, and assembles automation and control systems, industrial equipment, logistics and warehouse equipment, and safe and galvanized steel towers for power transmission lines. The company’s Modern Retail Supply Chain segment operates hypermarkets, supermarkets, convenient stores, and drugstore, as well as provides space for retail stores. It also operates in importing marketing; distributes books and publication; manufactures snack foods, soaps, cosmetics, confectioneries, yogurt, milk products, and sanitary papers; operates seminar and training centers; sells imaging, stationery, and construction supplies; and retails books and magazines. The company was founded in 1882 and is headquartered in Bangkok, Thailand. Berli Jucker Public Company Limited is a subsidiary of TCC Corporation Company Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 22:19
End of Day Share Price2020/02/25 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.