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Krungthai Card

DB:KRTA
Snowflake Description

Proven track record with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KRTA
DB
฿101B
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Krungthai Card Public Company Limited engages in the credit card, personal loan, and other related businesses in Thailand. The last earnings update was 16 days ago. More info.


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KRTA Share Price and Events
7 Day Returns
-1.4%
DB:KRTA
-1.5%
Europe Consumer Finance
-2.3%
DE Market
1 Year Returns
18.1%
DB:KRTA
-20.4%
Europe Consumer Finance
-11.5%
DE Market
KRTA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Krungthai Card (KRTA) -1.4% -0.7% 22.8% 18.1% 387.2% 1033%
Europe Consumer Finance -1.5% -6.3% -7.5% -20.4% -42.7% -39.7%
DE Market -2.3% -4.9% 0.8% -11.5% 5.7% 6.6%
1 Year Return vs Industry and Market
  • KRTA outperformed the Consumer Finance industry which returned -20.4% over the past year.
  • KRTA outperformed the Market in Germany which returned -11.5% over the past year.
Price Volatility
KRTA
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Krungthai Card's competitors could be found in our database.

Value

 Is Krungthai Card undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Krungthai Card to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Krungthai Card.

DB:KRTA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 14 analysts.
= Stable Book Value * Return on Equity
= ฿9.23 * 30.4%
฿2.81
Book Value of Equity per Share Weighted future Book Value estimates from 12 analysts. ฿9.23
Discount Rate (Cost of Equity) See below 6.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:KRTA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.721 (1 + (1- 20%) (50.28%))
1.007
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.007 * 5.96%)
6.23%

Discounted Cash Flow Calculation for DB:KRTA using Excess Returns Model Model

The calculations below outline how an intrinsic value for Krungthai Card is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:KRTA Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (30.4% – 6.23%) * ฿9.23)
฿2.23
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ฿2.23 / (6.23% - 0.23%)
฿37.15
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ฿9.23 + ฿37.15
฿46.38
DB:KRTA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:KRTA represents 0.02731x of SET:KTC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.02731x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (THB) x Listing Adjustment Factor
= ฿ 46.38 x 0.02731
€1.27
Value per share (EUR) From above. €1.27
Current discount Discount to share price of €1.07
= -1 x (€1.07 - €1.27) / €1.27
15.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Krungthai Card is available for.
Intrinsic value
16%
Share price is €1.07 vs Future cash flow value of €1.27
Current Discount Checks
For Krungthai Card to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Krungthai Card's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Krungthai Card's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Krungthai Card's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Krungthai Card's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:KRTA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in THB ฿2.14
SET:KTC Share Price ** SET (2019-05-24) in THB ฿39
Europe Consumer Finance Industry PE Ratio Median Figure of 29 Publicly-Listed Consumer Finance Companies 10.61x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 20.2x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Krungthai Card.

DB:KRTA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SET:KTC Share Price ÷ EPS (both in THB)

= 39 ÷ 2.14

18.22x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Krungthai Card is overvalued based on earnings compared to the Europe Consumer Finance industry average.
  • Krungthai Card is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Krungthai Card's expected growth come at a high price?
Raw Data
DB:KRTA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.22x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts
10.7%per year
Europe Consumer Finance Industry PEG Ratio Median Figure of 18 Publicly-Listed Consumer Finance Companies 0.64x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

DB:KRTA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 18.22x ÷ 10.7%

1.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Krungthai Card is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Krungthai Card's assets?
Raw Data
DB:KRTA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in THB ฿6.96
SET:KTC Share Price * SET (2019-05-24) in THB ฿39
Europe Consumer Finance Industry PB Ratio Median Figure of 38 Publicly-Listed Consumer Finance Companies 1.18x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.77x
DB:KRTA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SET:KTC Share Price ÷ Book Value per Share (both in THB)

= 39 ÷ 6.96

5.6x

* Primary Listing of Krungthai Card.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Krungthai Card is overvalued based on assets compared to the Europe Consumer Finance industry average.
X
Value checks
We assess Krungthai Card's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. Krungthai Card has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Krungthai Card expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Krungthai Card expected to grow at an attractive rate?
  • Krungthai Card's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Krungthai Card's earnings growth is positive but not above the Germany market average.
  • Krungthai Card's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:KRTA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:KRTA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts 10.7%
DB:KRTA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts 11.2%
Europe Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 16.2%
Europe Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 11.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:KRTA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
All numbers in THB Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:KRTA Future Estimates Data
Date (Data in THB Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 24,852 7,434 7
2020-12-31 23,087 6,681 9
2019-12-31 21,186 6,053 8
DB:KRTA Past Financials Data
Date (Data in THB Millions) Revenue Cash Flow Net Income *
2019-03-31 14,305 1,446 5,520
2018-12-31 13,797 1,916 5,140
2018-09-30 13,277 1,499 4,850
2018-06-30 12,583 593 4,300
2018-03-31 11,845 772 3,781
2017-12-31 11,131 -327 3,304
2017-09-30 10,692 -1,901 3,005
2017-06-30 10,352 -2,220 2,799
2017-03-31 10,047 -3,123 2,592
2016-12-31 9,909 -4,510 2,495
2016-09-30 9,665 -3,008 2,389
2016-06-30 9,357 -3,199 2,249

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Krungthai Card's earnings are expected to grow by 10.7% yearly, however this is not considered high growth (20% yearly).
  • Krungthai Card's revenue is expected to grow by 11.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:KRTA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below

All data from Krungthai Card Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:KRTA Future Estimates Data
Date (Data in THB Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 2.85 3.20 2.62 9.00
2020-12-31 2.59 2.93 2.40 13.00
2019-12-31 2.34 2.60 2.20 13.00
DB:KRTA Past Financials Data
Date (Data in THB Millions) EPS *
2019-03-31 2.14
2018-12-31 1.99
2018-09-30 1.88
2018-06-30 1.67
2018-03-31 1.47
2017-12-31 1.28
2017-09-30 1.17
2017-06-30 1.09
2017-03-31 1.01
2016-12-31 0.97
2016-09-30 0.93
2016-06-30 0.87

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Krungthai Card is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Krungthai Card's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Krungthai Card has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Krungthai Card performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Krungthai Card's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Krungthai Card has delivered over 20% year on year earnings growth in the past 5 years.
  • Krungthai Card's 1-year earnings growth exceeds its 5-year average (46% vs 27.3%)
  • Krungthai Card's earnings growth has exceeded the Europe Consumer Finance industry average in the past year (46% vs 17.3%).
Earnings and Revenue History
Krungthai Card's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Krungthai Card Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:KRTA Past Revenue, Cash Flow and Net Income Data
Date (Data in THB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 14,304.67 5,520.09 7,050.69
2018-12-31 13,797.49 5,139.59 7,022.52
2018-09-30 13,276.53 4,850.09 6,899.82
2018-06-30 12,582.54 4,299.93 6,888.01
2018-03-31 11,845.04 3,780.70 6,803.00
2017-12-31 11,130.96 3,304.32 6,670.16
2017-09-30 10,691.85 3,005.47 6,627.84
2017-06-30 10,352.35 2,799.03 6,541.84
2017-03-31 10,047.47 2,592.24 6,495.81
2016-12-31 9,908.56 2,494.71 6,469.83
2016-09-30 9,665.07 2,389.28 6,395.76
2016-06-30 9,356.63 2,248.89 6,247.86
2016-03-31 8,959.80 2,133.33 5,976.89
2015-12-31 8,676.32 2,072.61 5,758.32
2015-09-30 8,333.48 1,962.50 5,583.45
2015-06-30 8,139.69 1,967.33 5,386.72
2015-03-31 7,968.33 1,974.15 5,210.03
2014-12-31 7,510.50 1,754.98 5,026.57
2014-09-30 7,022.59 1,558.90 4,791.31
2014-06-30 6,644.56 1,363.20 4,653.20
2014-03-31 6,306.73 1,215.81 4,492.71
2013-12-31 6,319.37 1,282.63 4,423.56
2013-09-30 6,853.55 1,246.24 4,549.83
2013-06-30 7,185.45 1,069.60 5,043.04
2013-03-31 7,484.66 832.01 5,583.56
2012-12-31 7,077.61 255.00 5,841.94
2012-09-30 5,344.66 -1,709.75 6,712.10
2012-06-30 4,923.46 -1,800.70 6,438.52

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Krungthai Card has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • Krungthai Card used its assets more efficiently than the Europe Consumer Finance industry average last year based on Return on Assets.
  • Unable to establish if Krungthai Card improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Krungthai Card's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Krungthai Card has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Krungthai Card's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Krungthai Card's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Krungthai Card is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Krungthai Card's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Krungthai Card's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Krungthai Card Company Filings, last reported 1 month ago.

DB:KRTA Past Debt and Equity Data
Date (Data in THB Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 17,941.03 50,554.74 2,339.57
2018-12-31 16,351.61 54,122.30 2,722.14
2018-09-30 15,121.66 50,974.02 2,170.64
2018-06-30 13,725.45 51,552.59 1,647.52
2018-03-31 13,786.08 49,374.59 1,439.48
2017-12-31 12,577.16 53,422.73 1,701.18
2017-09-30 11,655.61 49,883.16 1,243.56
2017-06-30 10,809.55 49,548.33 852.70
2017-03-31 11,054.23 48,635.06 1,371.65
2016-12-31 10,321.69 51,087.70 1,165.13
2016-09-30 9,749.33 46,021.01 814.21
2016-06-30 9,109.72 45,754.21 768.15
2016-03-31 9,367.73 43,539.42 670.42
2015-12-31 8,732.72 45,056.93 940.55
2015-09-30 8,197.03 41,675.07 601.91
2015-06-30 7,697.80 41,368.75 673.00
2015-03-31 7,942.09 39,902.36 558.98
2014-12-31 7,367.80 41,588.46 735.12
2014-09-30 6,943.11 39,338.46 564.14
2014-06-30 6,439.06 38,718.49 593.03
2014-03-31 6,483.61 37,885.73 787.65
2013-12-31 6,128.49 39,408.20 1,623.52
2013-09-30 5,899.88 37,714.42 761.34
2013-06-30 5,591.53 37,959.45 1,117.78
2013-03-31 5,370.93 36,610.42 1,075.90
2012-12-31 5,191.13 38,750.29 1,443.87
2012-09-30 4,972.73 36,933.98 1,312.78
2012-06-30 4,830.37 37,566.60 887.54
  • Krungthai Card's level of debt (281.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (584.5% vs 281.8% today).
  • Debt is not well covered by operating cash flow (2.9%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Krungthai Card's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Krungthai Card's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Krungthai Card has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Krungthai Card's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.1%
Current annual income from Krungthai Card dividends. Estimated to be 2.62% next year.
If you bought €2,000 of Krungthai Card shares you are expected to receive €42 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Krungthai Card's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.45%).
  • Krungthai Card's dividend is below the markets top 25% of dividend payers in Germany (3.89%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:KRTA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
Europe Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 3.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:KRTA Future Dividends Estimate Data
Date (Data in ฿) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 1.11 8.00
2020-12-31 1.04 14.00
2019-12-31 0.94 12.00
DB:KRTA Past Annualized Dividends Data
Date (Data in ฿) Dividend per share (annual) Avg. Yield (%)
2019-02-14 0.820 2.330
2018-02-13 0.530 1.685
2017-02-15 0.400 2.950
2016-05-13 0.325 2.641
2016-02-15 0.325 3.787
2015-05-13 0.275 2.984
2015-04-23 0.275 2.719
2014-02-19 0.200 3.708
2013-02-20 0.040 1.090
2012-11-09 0.000 0.000
2012-10-15 0.000 0.000
2012-08-10 0.000 0.000
2012-05-11 0.000 0.000
2012-02-24 0.000 0.000
2011-05-09 0.045 3.544
2011-03-10 0.045 2.578
2009-11-12 0.000 0.000
2009-08-13 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Krungthai Card has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Krungthai Card only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Krungthai Card's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.5x coverage).
X
Income/ dividend checks
We assess Krungthai Card's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Krungthai Card afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Krungthai Card has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Krungthai Card's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rathian Srimongkol
COMPENSATION ฿1,925,245
AGE 58
TENURE AS CEO 7.3 years
CEO Bio

Dr. Rathian Srimongkol, M.D., has been the Chief Executive Officer and President of Krungthai Card Public Co. Ltd. since January 11, 2012. Dr. Srimongkol serves as Senior Executive Vice President of Operations Group at Siam City Bank Public Company Limited. He served as Chief Financial Officer and First Executive Vice President, Treasury & International Banking of Siam City Bank Public Company Limited. He served as an Acting President of Thana One Finance & Securities Public Company Limited from 1994 to 1998. He served as an Executive Vice President of Siam City Bank Public Company Limited from 2001 to 2004. He serves as Vice Chairman and Lead Independent Director of Indorama Ventures Public Company Limited. He serves as a Director of Thailand Privilege Card Company Limited. He has been an Independent Director of Indorama Ventures Public Company Limited since September 19, 2009. He has been an Independent Director of One to One Contacts Public Company Limited since March 27, 2013. He has been a Director of Krungthai Card Public Co. Ltd. since January 11, 2012. He served as an Independent Director of Matichon Public Company Limited until January 17, 2006. He served as a Director of TOT Public Company Limited. He served as an Executive Director of Thana One Finance & Securities Public Company Limited from 1994 to 1998. He holds a Certificate in Politics and Governance in Democratic Systems for Executives Course (Class 9) from King Prajadhipok’s Institute, Thailand, Diploma in National Defense College, The Joint State - Private Sectors Course Class No. 51/21 from National Defense College of Thailand and Capital Market Academy Leadership Program from Capital Market Academy (Class 11), Thailand. He did Director Certification Program Class No. 8/2001, Role of the Chairman Program Class No. 19/2008 and Financial Statements Demystified for Director Class No.1/2009 from Thai Institute of Directors, Thailand. Dr. Srimongkol holds M.P.A in General Administration from Suan Sunandha Rajabhat University. He holds Bachelor of Medical Science from Mahidol University, Medical Degree, (Siriraj Hospital) from Mahidol University and Master of Business Administration from Thammasat University.

CEO Compensation
  • Rathian's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Rathian's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Krungthai Card management team in years:

13.8
Average Tenure
55
Average Age
  • The average tenure for the Krungthai Card management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Rathian Srimongkol

TITLE
CEO, President & Director
COMPENSATION
฿2M
AGE
58
TENURE
7.3 yrs

Chutidej Chayuti

TITLE
Chief Financial Officer
AGE
55
TENURE
2.3 yrs

Virach Paisitsavet

TITLE
Chief Operations Officer
AGE
57
TENURE
2.3 yrs

Pranee Rattakam

TITLE
Chief Accountant & Senior VP of Finance and Accounting
AGE
55
TENURE
15.5 yrs

Peerapong Pitrpibulpatit

TITLE
Director of Legal Consult & Service Line and Company secretary
AGE
48
TENURE
12 yrs

Sakda Chantrasuriyarat

TITLE
Senior VP of Compliance
AGE
55
TENURE
5 yrs

Khan Kachonboon

TITLE
Executive VP of Corporate Communications
AGE
55
TENURE
15.5 yrs

Pittaya Vorapanyasakul

TITLE
Executive VP of Credit Card
AGE
56
TENURE
21.8 yrs

Piyasak Tejasen

TITLE
Senior EVP of Distribution & Merchant Acquiring
AGE
53
TENURE
16.9 yrs

Sudaporn Janwatanagool

TITLE
Executive VP of Personal Loans Business
AGE
59
TENURE
22.1 yrs
Board of Directors Tenure

Average tenure and age of the Krungthai Card board of directors in years:

1.8
Average Tenure
57
Average Age
  • The average tenure for the Krungthai Card board of directors is less than 3 years, this suggests a new board.
Board of Directors

Parinya Patanaphakdee

TITLE
Chairman of the Board
COMPENSATION
฿2M
AGE
60
TENURE
1.9 yrs

Rathian Srimongkol

TITLE
CEO, President & Director
COMPENSATION
฿2M
AGE
58
TENURE
7.3 yrs

Praphaisith Tankeyura

TITLE
Independent Director
COMPENSATION
฿1M
AGE
63
TENURE
1.8 yrs

Pantip Sripimol

TITLE
Independent Director
COMPENSATION
฿2M
AGE
56
TENURE
7.1 yrs

Apichart Chaiyadar

TITLE
Independent Director
COMPENSATION
฿2M
AGE
49
TENURE
2.4 yrs

Nathporn Chatusripitak

TITLE
Independent Director
COMPENSATION
฿330K
AGE
42
TENURE
1.1 yrs

Praralee Ratanaprasartporn

TITLE
Director
AGE
49
TENURE
0.1 yrs

Kosol Chamchuen

TITLE
Director
AGE
58
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Krungthai Card's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Krungthai Card has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Krungthai Card Public Company Limited engages in the credit card, personal loan, and other related businesses in Thailand. It operates as a payment service provider, as well as offers utilities payment services. The company was incorporated in 1996 and is headquartered in Bangkok, Thailand.

Details
Name: Krungthai Card Public Company Limited
KRTA
Exchange: DB
Founded: 1996
฿2,817,688,336
2,578,334,070
Website: http://www.ktc.co.th
Address: Krungthai Card Public Company Limited
591 United Business Center II,
14th Floor,
Bangkok,
10110,
Thailand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SET KTC Ordinary Shares The Stock Exchange of Thailand TH THB 28. Oct 2002
DB KRTA THB10(ALIEN MARKET) Deutsche Boerse AG DE EUR 26. Jan 2005
SET KTC-R NON VTG DEP RCPT REPR 1 ORD THB10 The Stock Exchange of Thailand TH THB 28. Oct 2002
THAMSE KTC-F THB10(ALIEN MARKET) Bangkok-Alien Market Stock Exchange TH THB 26. Jan 2005
Number of employees
Current staff
Staff numbers
0
Krungthai Card employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 20:59
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/04/28
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.