SET:STA

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Sri Trang Agro-Industry

Executive Summary

Sri Trang Agro-Industry Public Company Limited manufactures and distributes natural rubber products in Thailand, Indonesia, Singapore, the United States, China, Vietnam, and Myanmar. More Details


Snowflake Analysis

Excellent balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Sri Trang Agro-Industry's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: STA is more volatile than 75% of TH stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: STA's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of TH stocks.


Market Performance


7 Day Return

13.3%

STA

5.9%

TH Auto Components

1.5%

TH Market


1 Year Return

183.3%

STA

42.6%

TH Auto Components

-2.0%

TH Market

Return vs Industry: STA exceeded the TH Auto Components industry which returned 42.6% over the past year.

Return vs Market: STA exceeded the TH Market which returned -2% over the past year.


Shareholder returns

STAIndustryMarket
7 Day13.3%5.9%1.5%
30 Day13.3%5.7%4.3%
90 Day-4.0%7.3%25.4%
1 Year196.8%183.3%48.8%42.6%1.2%-2.0%
3 Year164.8%139.9%8.9%-2.9%-6.6%-15.1%
5 Year246.2%186.1%63.6%35.4%44.0%22.9%

Long-Term Price Volatility Vs. Market

How volatile is Sri Trang Agro-Industry's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sri Trang Agro-Industry undervalued compared to its fair value and its price relative to the market?

11.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: STA (฿29.75) is trading above our estimate of fair value (฿12.49)

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


Price To Earnings Ratio

PE vs Industry: STA is good value based on its PE Ratio (11.1x) compared to the TH Auto Components industry average (23.7x).

PE vs Market: STA is good value based on its PE Ratio (11.1x) compared to the TH market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: STA is poor value based on its PEG Ratio (4.5x)


Price to Book Ratio

PB vs Industry: STA is overvalued based on its PB Ratio (1.4x) compared to the TH Auto Components industry average (1x).


Next Steps

Future Growth

How is Sri Trang Agro-Industry forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

2.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: STA's forecast earnings growth (2.4% per year) is above the savings rate (2.2%).

Earnings vs Market: STA's earnings (2.4% per year) are forecast to grow slower than the TH market (28.1% per year).

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

Revenue vs Market: STA's revenue (25% per year) is forecast to grow faster than the TH market (10.8% per year).

High Growth Revenue: STA's revenue (25% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: STA's Return on Equity is forecast to be low in 3 years time (12.7%).


Next Steps

Past Performance

How has Sri Trang Agro-Industry performed over the past 5 years?

27.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: STA has high quality earnings.

Growing Profit Margin: STA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: STA's earnings have grown significantly by 27.2% per year over the past 5 years.

Accelerating Growth: STA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: STA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (-44%).


Return on Equity

High ROE: STA's Return on Equity (13.9%) is considered low.


Next Steps

Financial Health

How is Sri Trang Agro-Industry's financial position?


Financial Position Analysis

Short Term Liabilities: STA's short term assets (฿38.3B) exceed its short term liabilities (฿21.7B).

Long Term Liabilities: STA's short term assets (฿38.3B) exceed its long term liabilities (฿6.1B).


Debt to Equity History and Analysis

Debt Level: STA's debt to equity ratio (48.4%) is considered high.

Reducing Debt: STA's debt to equity ratio has reduced from 92.4% to 48.4% over the past 5 years.

Debt Coverage: STA's debt is well covered by operating cash flow (36.7%).

Interest Coverage: STA's interest payments on its debt are well covered by EBIT (9.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Sri Trang Agro-Industry current dividend yield, its reliability and sustainability?

1.68%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: STA's dividend (1.68%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.21%).

High Dividend: STA's dividend (1.68%) is low compared to the top 25% of dividend payers in the TH market (6.31%).


Stability and Growth of Payments

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

Growing Dividend: STA's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.8%), STA's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: STA's dividends in 3 years are forecast to be well covered by earnings (30.4% payout ratio).


Next Steps

Management

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

11.0yrs

Average management tenure


CEO

Viyavood Sincharoenkul (64 yo)

no data

Tenure

฿804,000

Compensation

Dr. Viyavood Sincharoenkul has been the Managing Director and Chairman of Sri Trang Agro-Industry Public Company Limited since 1987 and 2010 respectively and serves as its Chief Executive Officer. Dr. Sinc...


Leadership Team

NamePositionTenureCompensationOwnership
Viyavood Sincharoenkul
Chairmanno data฿804.00k15.59%
฿ 6.9b
Patrawut Panitkul
CFO & Executive Director6.67yrs฿600.00kno data
Kitichai Sincharoenkul
Executive Director of Bangkok Branch25.75yrs฿600.00k1.11%
฿ 490.5m
Paul Lee
Chief Marketing Officer & Executive Director10.58yrs฿600.00k0.70%
฿ 310.9m
Chaiyos Sincharoenkul
Executive Director27.08yrs฿600.00k0.59%
฿ 258.7m
Veerasith Sinchareonkul
Executive Director10.75yrs฿600.00k1.46%
฿ 646.9m
Chalermpop Khanjan
Production Group Manager & Executive Director5.25yrs฿600.00kno data
Nuchanart Chaiyarat
Group Manager of Human Resources11yrsno datano data
Chaidet Pruksanusak
Group Manager of Quality Assurance11yrsno datano data
Rattapong Laparojkit
Group Manager of Engineering11yrsno datano data
Phanlert Wangsuphadilok
Group Manager of Engineering11yrsno datano data
Udom Pruksanusak
Chief Executive Officer of Plantation6yrsno datano data

11.0yrs

Average Tenure

51.5yo

Average Age

Experienced Management: STA's management team is seasoned and experienced (11 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Viyavood Sincharoenkul
Chairmanno data฿804.00k15.59%
฿ 6.9b
Patrawut Panitkul
CFO & Executive Director6.67yrs฿600.00kno data
Kitichai Sincharoenkul
Executive Director of Bangkok Branch25.75yrs฿600.00k1.11%
฿ 490.5m
Paul Lee
Chief Marketing Officer & Executive Director10.58yrs฿600.00k0.70%
฿ 310.9m
Chaiyos Sincharoenkul
Executive Director27.08yrs฿600.00k0.59%
฿ 258.7m
Veerasith Sinchareonkul
Executive Director10.75yrs฿600.00k1.46%
฿ 646.9m
Chalermpop Khanjan
Production Group Manager & Executive Director5.25yrs฿600.00kno data
Vitchaphol Sincharoenkul
Executive Director0.92yrno datano data
Kriang Yanyongdilok
Independent Director21yrs฿744.00kno data
Samacha Potavorn
Independent Director12.92yrs฿744.00kno data
Anusra Chittmittrapap
Independent Vice Chairman of the Board1.5yrs฿672.00kno data
Thanasorn Pongarna
Independent Director1.5yrs฿300.00kno data

10.7yrs

Average Tenure

63.5yo

Average Age

Experienced Board: STA's board of directors are seasoned and experienced ( 10.7 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

Sri Trang Agro-Industry Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sri Trang Agro-Industry Public Company Limited
  • Ticker: STA
  • Exchange: SET
  • Founded: 1987
  • Industry: Tires and Rubber
  • Sector: Automobiles
  • Market Cap: ฿44.160b
  • Shares outstanding: 1.54b
  • Website: https://www.sritranggroup.com

Location

  • Sri Trang Agro-Industry Public Company Limited
  • 10 Soi 10, Phetkasem Road
  • Hat Yai
  • 90110
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
STASET (The Stock Exchange of Thailand)YesCommon SharesTHTHBJan 1992
STA-FTHAMSE (Bangkok-Alien Market Stock Exchange)THB1(ALIEN MKT)THTHBMay 1995
NC2SGX (Singapore Exchange)THB1(ALIEN MKT)SGSGDMay 1995
YTAADB (Deutsche Boerse AG)THB1(ALIEN MKT)DEEURMay 1995
STA-RSET (The Stock Exchange of Thailand)THB1(NVDR)THTHBAug 2001

Biography

Sri Trang Agro-Industry Public Company Limited manufactures and distributes natural rubber products in Thailand, Indonesia, Singapore, the United States, China, Vietnam, and Myanmar. The company operates i...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/15 11:33
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
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.