B4X Stock Overview

Provides construction and management of expressways in Thailand. More details

B4X fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	4/6
Financial Health	0/6
Dividends	2/6

Rewards

Earnings are forecast to grow 7.8% per year

Earnings grew by 17.2% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 2.04% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Bangkok Expressway and Metro Public Company Limited Competitors

Fraport

XTRA:FRA

€5.4b

Sixt

XTRA:SIX2

€3.3b

Hamburger Hafen und Logistik

XTRA:HHFA

€1.3b

Deutsche Lufthansa

XTRA:LHA

€7.4b

Price History & Performance

Summary of share price highs, lows and changes for Bangkok Expressway and Metro
Historical stock prices
Current Share Price	฿0.18
52 Week High	฿0.22
52 Week Low	฿0.17
Beta	0.49
1 Month Change	-7.14%
3 Month Change	-11.65%
1 Year Change	-5.70%
3 Year Change	-14.95%
5 Year Change	-42.04%
Change since IPO	50.41%

Recent updates

Shareholder Returns

	B4X	DE Infrastructure	DE Market
7D	-7.6%	0.01%	-2.0%
1Y	-5.7%	10.7%	6.9%

Return vs Industry: B4X underperformed the German Infrastructure industry which returned 10.7% over the past year.

Return vs Market: B4X underperformed the German Market which returned 6.9% over the past year.

Price Volatility

Is B4X's price volatile compared to industry and market?
B4X volatility
B4X Average Weekly Movement	4.8%
Infrastructure Industry Average Movement	3.3%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: B4X has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: B4X's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1998	n/a	Plew Trivisvavet	www.bemplc.co.th

Bangkok Expressway and Metro Public Company Limited, together with its subsidiaries, provides construction and management of expressways in Thailand. It operates through four segments: Expressway Business, Rail Business, Commercial Development Business, and Others. The company engages in the construction and operation of expressway; and operation of rapid transit systems.

Bangkok Expressway and Metro Public Company Limited Fundamentals Summary

How do Bangkok Expressway and Metro's earnings and revenue compare to its market cap?
B4X fundamental statistics
Market cap	€2.88b
Earnings (TTM)	€105.84m
Revenue (TTM)	€471.52m

27.2x

P/E Ratio

6.1x

P/S Ratio

Is B4X overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
B4X income statement (TTM)
Revenue	฿16.82b
Cost of Revenue	฿9.35b
Gross Profit	฿7.47b
Other Expenses	฿3.70b
Earnings	฿3.78b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.25
Gross Margin	44.43%
Net Profit Margin	22.45%
Debt/Equity Ratio	227.8%

How did B4X perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

56%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 12:58
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bangkok Expressway and Metro Public Company Limited is covered by 23 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kawee Manitsupavong	Asia Plus Securities Company Limited
Somkij Oranchatchawan	BNP Paribas Securities (Asia)
Pontip Kangvanpanich Kozak	BofA Global Research