Loading...

Polyplex (Thailand)

DB:PKW
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PKW
DB
฿13B
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Polyplex (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes polyester films and chips, metalized films, extrusion coated films, cast polypropylene films, silicone coated films, and PET resins in Thailand and internationally. The last earnings update was 95 days ago. More info.


Add to Portfolio Compare Print
PKW Share Price and Events
7 Day Returns
0.3%
DB:PKW
-3.1%
Europe Packaging
-0.4%
DE Market
1 Year Returns
13%
DB:PKW
-5.8%
Europe Packaging
-8.3%
DE Market
PKW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Polyplex (Thailand) (PKW) 0.3% -5.3% -2.5% 13% 114.8% 84.4%
Europe Packaging -3.1% -3.1% -10.9% -5.8% 21.1% 73.6%
DE Market -0.4% 1.6% -6.2% -8.3% 24.8% 50.5%
1 Year Return vs Industry and Market
  • PKW outperformed the Packaging industry which returned -5.8% over the past year.
  • PKW outperformed the Market in Germany which returned -8.3% over the past year.
Price Volatility
PKW
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Polyplex (Thailand)'s competitors could be found in our database.

Value

 Is Polyplex (Thailand) 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 Polyplex (Thailand) 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 Polyplex (Thailand).

DB:PKW Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.5%

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:PKW
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9.5%
Packaging Unlevered Beta Simply Wall St/ S&P Global 0.58
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.577 (1 + (1- 20%) (20.5%))
0.672
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (0.8 * 9.46%)
8.11%

Discounted Cash Flow Calculation for DB:PKW using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Polyplex (Thailand) is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:PKW DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (THB, Millions) 393.70 409.81 426.58 444.03 462.20
Source Est @ 4.09% Est @ 4.09% Est @ 4.09% Est @ 4.09% Est @ 4.09%
Present Value
Discounted (@ 8.11%)
364.17 350.64 337.61 325.07 312.99
Present value of next 5 years cash flows ฿1,690.48
DB:PKW DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= ฿462.20 × (1 + 0.54%) ÷ (8.11% – 0.54%)
฿6,141.69
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= ฿6,141.69 ÷ (1 + 8.11%)5
฿4,159.02
DB:PKW Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= ฿1,690.48 + ฿4,159.02
฿5,849.50
Equity Value per Share
(THB)
= Total value / Shares Outstanding
= ฿5,849.50 / 900.00
฿0.17
DB:PKW Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:PKW represents 0.02607x of SET:PTL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.02607x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (THB) x Listing Adjustment Factor
= ฿ 6.50 x 0.02607
€0.17
Value per share (EUR) From above. €0.17
Current discount Discount to share price of €0.39
= -1 x (€0.39 - €0.17) / €0.17
-130.8%

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

  • The current share price of Polyplex (Thailand) is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Polyplex (Thailand)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Polyplex (Thailand)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:PKW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in THB ฿1.75
SET:PTL Share Price ** SET (2018-11-09) in THB ฿15
Europe Packaging Industry PE Ratio Median Figure of 30 Publicly-Listed Packaging Companies 15.19x
Germany Market PE Ratio Median Figure of 414 Publicly-Listed Companies 18.14x

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

** Primary Listing of Polyplex (Thailand).

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

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

= 15 ÷ 1.75

8.55x

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

  • Polyplex (Thailand) is good value based on earnings compared to the Europe Packaging industry average.
  • Polyplex (Thailand) is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Polyplex (Thailand)'s expected growth come at a high price?
Raw Data
DB:PKW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
7.6%per year
Europe Packaging Industry PEG Ratio Median Figure of 17 Publicly-Listed Packaging Companies 1.62x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.42x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Polyplex (Thailand), we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Polyplex (Thailand)'s assets?
Raw Data
DB:PKW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in THB ฿12.37
SET:PTL Share Price * SET (2018-11-09) in THB ฿15
Europe Packaging Industry PB Ratio Median Figure of 35 Publicly-Listed Packaging Companies 1.72x
Germany Market PB Ratio Median Figure of 553 Publicly-Listed Companies 1.91x
DB:PKW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 15 ÷ 12.37

1.21x

* Primary Listing of Polyplex (Thailand).

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

  • Polyplex (Thailand) is good value based on assets compared to the Europe Packaging industry average.
X
Value checks
We assess Polyplex (Thailand)'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 Packaging 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 Packaging industry average (and greater than 0)? (1 check)
  5. Polyplex (Thailand) has a total score of 3/6, 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 Polyplex (Thailand) expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Polyplex (Thailand), future earnings growth has been estimated based on fundamentals.
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
7.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Polyplex (Thailand) expected to grow at an attractive rate?
  • Polyplex (Thailand)'s earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Polyplex (Thailand)'s earnings growth is positive but not above the Germany market average.
  • Unable to compare Polyplex (Thailand)'s revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:PKW Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:PKW Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 7.6%
Europe Packaging Industry Earnings Growth Rate Market Cap Weighted Average 10.4%
Europe Packaging Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.6%

*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:PKW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in THB Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:PKW Past Financials Data
Date (Data in THB Millions) Revenue Cash Flow Net Income *
2018-06-30 13,290 1,923 1,578
2018-03-31 12,727 1,696 1,170
2017-12-31 12,354 1,812 1,085
2017-09-30 11,830 1,529 983
2017-06-30 11,629 1,903 1,129
2017-03-31 11,603 2,106 1,366
2016-12-31 11,807 2,461 1,524
2016-09-30 12,088 2,738 1,147
2016-06-30 12,189 2,347 420
2016-03-31 12,314 1,729 -123
2015-12-31 12,093 1,414 -517
2015-09-30 12,114 863 -300

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Polyplex (Thailand)'s earnings are expected to grow by 7.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Polyplex (Thailand) is high growth as no revenue estimate data is available.
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:PKW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Polyplex (Thailand) Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PKW Past Financials Data
Date (Data in THB Millions) EPS *
2018-06-30 1.75
2018-03-31 1.30
2017-12-31 1.21
2017-09-30 1.09
2017-06-30 1.26
2017-03-31 1.55
2016-12-31 1.78
2016-09-30 1.38
2016-06-30 0.52
2016-03-31 -0.15
2015-12-31 -0.65
2015-09-30 -0.36

*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.
  • Unable to establish if Polyplex (Thailand) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Polyplex (Thailand)'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.
Polyplex (Thailand) has a total score of 1/6, 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 Polyplex (Thailand) 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 Polyplex (Thailand)'s growth in the last year to its industry (Packaging).
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.
  • Polyplex (Thailand) has delivered over 20% year on year earnings growth in the past 5 years.
  • Polyplex (Thailand)'s 1-year earnings growth is less than its 5-year average (39.8% vs 57.7%)
  • Polyplex (Thailand)'s earnings growth has exceeded the Europe Packaging industry average in the past year (39.8% vs 14%).
Earnings and Revenue History
Polyplex (Thailand)'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 Polyplex (Thailand) Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PKW Past Revenue, Cash Flow and Net Income Data
Date (Data in THB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 13,290.16 1,578.39 1,142.11
2018-03-31 12,727.46 1,169.99 1,113.09
2017-12-31 12,354.10 1,085.16 1,135.83
2017-09-30 11,830.34 982.81 1,123.05
2017-06-30 11,628.99 1,128.72 1,041.49
2017-03-31 11,603.08 1,366.36 1,052.62
2016-12-31 11,806.76 1,523.68 967.77
2016-09-30 12,088.27 1,147.35 1,079.00
2016-06-30 12,189.04 419.57 1,222.70
2016-03-31 12,314.18 -123.23 1,328.10
2015-12-31 12,092.50 -516.86 1,510.26
2015-09-30 12,114.50 -299.81 1,375.96
2015-06-30 11,942.14 82.02 1,348.70
2015-03-31 12,003.43 390.03 1,288.27
2014-12-31 12,022.78 300.03 1,247.88
2014-09-30 11,833.74 -95.85 1,317.09
2014-06-30 11,547.73 -230.16 1,295.88
2014-03-31 10,792.54 -479.72 1,227.77
2013-12-31 10,135.69 -433.91 1,192.77
2013-09-30 9,674.35 -56.96 1,158.39
2013-06-30 9,278.72 113.96 1,146.24
2013-03-31 9,317.79 402.49 1,159.10
2012-12-31 9,369.35 518.26 1,052.67
2012-09-30 9,451.89 692.11 995.25
2012-06-30 9,652.06 824.52 903.15
2012-03-31 10,263.81 1,357.61 858.03
2011-12-31 11,354.68 2,487.03 837.36

*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.
  • Polyplex (Thailand) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Polyplex (Thailand) used its assets more efficiently than the Europe Packaging industry average last year based on Return on Assets.
  • Polyplex (Thailand) has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Polyplex (Thailand)'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 Packaging 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.
Polyplex (Thailand) 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 Polyplex (Thailand)'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 Polyplex (Thailand)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Polyplex (Thailand) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Polyplex (Thailand)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Polyplex (Thailand)'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.1x 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 Polyplex (Thailand) Company Filings, last reported 4 months ago.

DB:PKW Past Debt and Equity Data
Date (Data in THB Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 11,161.95 2,749.59 1,121.61
2018-03-31 10,539.27 3,087.19 1,334.61
2017-12-31 10,327.07 3,227.37 1,396.07
2017-09-30 10,199.34 3,363.94 1,134.86
2017-06-30 10,169.00 3,085.82 950.93
2017-03-31 9,666.40 3,219.89 737.51
2016-12-31 9,564.51 3,470.71 486.45
2016-09-30 9,473.55 3,785.58 610.88
2016-06-30 9,057.83 5,008.22 1,200.58
2016-03-31 8,203.14 5,940.77 1,078.66
2015-12-31 7,638.82 6,870.99 1,218.95
2015-09-30 7,989.06 7,009.26 918.61
2015-06-30 7,857.81 6,685.69 748.23
2015-03-31 7,631.87 6,960.37 969.14
2014-12-31 8,141.85 8,236.42 1,209.05
2014-09-30 8,363.19 9,615.70 1,392.90
2014-06-30 8,730.62 9,605.50 1,340.22
2014-03-31 8,637.98 9,246.38 985.41
2013-12-31 8,711.50 9,513.16 1,271.70
2013-09-30 8,616.26 8,942.13 1,661.58
2013-06-30 8,562.41 7,870.61 1,568.44
2013-03-31 8,244.88 6,802.08 1,562.34
2012-12-31 8,569.61 5,945.67 1,337.54
2012-09-30 8,368.84 4,011.95 1,745.46
2012-06-30 8,407.09 2,909.08 1,505.91
2012-03-31 8,460.60 1,941.02 1,681.81
2011-12-31 8,150.22 2,083.47 1,144.34
  • Polyplex (Thailand)'s level of debt (24.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (92.1% vs 24.6% today).
  • Debt is well covered by operating cash flow (69.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 13.6x coverage).
X
Financial health checks
We assess Polyplex (Thailand)'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. Polyplex (Thailand) has a total score of 6/6, 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 Polyplex (Thailand)'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
3.67%
Current annual income from Polyplex (Thailand) dividends.
If you bought €2,000 of Polyplex (Thailand) shares you are expected to receive €73 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?
  • Polyplex (Thailand)'s pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.49%).
  • Polyplex (Thailand)'s dividend is below the markets top 25% of dividend payers in Germany (3.8%).
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:PKW 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 0 Analyst Estimates (S&P Global) See Below
Europe Packaging Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 3.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

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

DB:PKW Past Annualized Dividends Data
Date (Data in ฿) Dividend per share (annual) Avg. Yield (%)
2018-05-28 0.550 3.452
2018-02-13 0.360 2.270
2017-11-10 0.360 2.706
2017-05-17 0.360 2.732
2017-02-15 0.000 0.000
2017-02-10 0.000 0.000
2016-11-10 0.000 0.000
2016-08-08 0.000 0.000
2016-05-30 0.000 0.000
2015-05-28 0.100 1.336
2015-02-11 0.000 0.000
2015-01-15 0.000 0.000
2014-11-11 0.000 0.000
2014-05-27 0.000 0.000
2013-05-27 0.140 1.451
2013-02-12 0.000 0.000
2013-01-15 0.000 0.000
2012-05-24 0.520 3.665
2011-07-26 1.400 8.737
2011-05-25 1.940 8.963
2010-10-28 0.765 2.685
2010-07-22 0.520 2.929
2010-05-24 0.520 6.271
2010-02-03 0.465 7.401
2009-07-28 0.520 8.813
2009-05-28 0.520 10.664
2009-01-27 0.800 20.367
2008-11-13 0.800 23.265

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Polyplex (Thailand)'s earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Polyplex (Thailand)'s dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Polyplex (Thailand) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Polyplex (Thailand) has a total score of 2/6, 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 Polyplex (Thailand)'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
Amit Prakash
AGE 47
TENURE AS CEO 3.8 years
CEO Bio

Mr. Amit Prakash serves as Profit Centre Head of Thailand & Turkey at Polyplex Corporation Limited. Mr. Prakash has been the Managing Director and Director of Polyplex (Thailand) Public Company Limited since February 10, 2015. He has an MBA in Marketing from Warwick Business School.

CEO Compensation
  • Insufficient data for Amit to compare compensation growth.
  • Insufficient data for Amit to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Polyplex (Thailand) management team in years:

5
Average Tenure
47
Average Age
  • The average tenure for the Polyplex (Thailand) management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Amit Prakash

TITLE
MD & Director
AGE
47
TENURE
3.8 yrs

Ashutosh Agarwal

TITLE
Chief Financial Officer
AGE
35
TENURE
1.3 yrs

Chakrit Srisamutnak

TITLE
Head of HR
AGE
58
TENURE
11.1 yrs

Ashish Ghosh

TITLE
Head of Sales & Marketing
AGE
52
TENURE
9 yrs

Ramesh Gupta

TITLE
Business Head of SARALAM division
AGE
51
TENURE
5.8 yrs

Raunaq Bajaj

TITLE
Head of Sales & Marketing - Thick PET Film
AGE
39
TENURE
4.6 yrs

Sanjay Jha

TITLE
Plant Head
AGE
50
TENURE
6.8 yrs

Anurag Baheti

TITLE
Head of F&A - Rayong

Ankur Agarwal

TITLE
Head of Supply Chain Management
AGE
41
TENURE
3.6 yrs

Anubhav Sharma

TITLE
Business Head of CPP & Blown PP films and Sales & Marketing head SEA
AGE
39
TENURE
5 yrs
Board of Directors Tenure

Average tenure and age of the Polyplex (Thailand) board of directors in years:

14.8
Average Tenure
58.5
Average Age
  • The average tenure for the Polyplex (Thailand) board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Manu Leopairote

TITLE
Chairman
AGE
75
TENURE
14.8 yrs

Amit Prakash

TITLE
MD & Director
AGE
47
TENURE
3.8 yrs

Sanjiv Saraf

TITLE
Vice Chairman
AGE
58
TENURE
8.3 yrs

Shiraz Poonevala

TITLE
Independent Director
AGE
54
TENURE
14.8 yrs

Pranay Kothari

TITLE
Director
AGE
59
TENURE
16.8 yrs

Praphad Phodhivorakhun

TITLE
Independent Director
AGE
72
TENURE
14.8 yrs

Manish Gupta

TITLE
Director
AGE
50
TENURE
6 yrs

Virabongsa Ramangkura

TITLE
Independent Director
AGE
75
TENURE
14.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Polyplex (Thailand)'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. Polyplex (Thailand) 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

External News
Loading...
Simply Wall St News

Company Info

Map
Description

Polyplex (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes polyester films and chips, metalized films, extrusion coated films, cast polypropylene films, silicone coated films, and PET resins in Thailand and internationally. It offers Sarafil range of plastic films, such as BOPET, bi-oriented polypropylene, cast polypropylene, blown polypropylene, and sustainable films for use in packaging, electrical, industrial, pressure sensitive, and other applications. The company also provides Saracote range of silicone coated films, including silicone coated release liner-labels and specialty, shingle roofing tapes, release film liners, and silicone primer coated liners for use in labels, tapes, and roofing shingles, as well as in peel and stick underlayments. In addition, it offers Saralam range of extrusion coated film products comprising reflective insulation films; decorative lamination films; thin and thick gauge polyester thermal lamination films; and polypropylene, polyester, nylon, and UV polyester thermal lamination films for use in book covers, identity cards, carton lamination, wide format commercial films, etc. The company also manufactures and distributes recycled plastic products. The company was founded in 2002 and is headquartered in Bangkok, Thailand. Polyplex (Thailand) Public Company Limited is a subsidiary of Polyplex Corporation Limited.

Details
Name: Polyplex (Thailand) Public Company Limited
PKW
Exchange: DB
Founded: 2002
฿357,627,038
900,000,000
Website: http://www.polyplexthailand.com
Address: Polyplex (Thailand) Public Company Limited
75/26 Ocean Tower II,
18th Floor,
Bangkok,
10110,
Thailand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SET PTL Ordinary Shares The Stock Exchange of Thailand TH THB 15. Dec 2004
DB PKW THB1(ALIEN MKT) Deutsche Boerse AG DE EUR 10. Feb 2006
SET PTL-R THB1(NVDR) The Stock Exchange of Thailand TH THB 15. Dec 2004
Number of employees
Current staff
Staff numbers
0
Polyplex (Thailand) employees.
Industry
Paper Packaging
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/11/12 18:19
End of day share price update: 2018/11/09 00:00
Last earnings filing: 2018/08/09
Last earnings reported: 2018/06/30
Last annual earnings reported: 2018/03/31


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.