Sri Trang Agro-Industry
Market Cap
฿44.2b
Last Updated
2021/01/15 11:33 UTC
Data Sources
Company Financials +
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
Rewards
Risk Analysis
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
| STA | Industry | Market | |
|---|---|---|---|
| 7 Day | 13.3% | 5.9% | 1.5% |
| 30 Day | 13.3% | 5.7% | 4.3% |
| 90 Day | -4.0% | 7.3% | 25.4% |
| 1 Year | 196.8%183.3% | 48.8%42.6% | 1.2%-2.0% |
| 3 Year | 164.8%139.9% | 8.9%-2.9% | -6.6%-15.1% |
| 5 Year | 246.2%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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | ฿804.00k | 15.59% ฿ 6.9b | |
| CFO & Executive Director | 6.67yrs | ฿600.00k | no data | |
| Executive Director of Bangkok Branch | 25.75yrs | ฿600.00k | 1.11% ฿ 490.5m | |
| Chief Marketing Officer & Executive Director | 10.58yrs | ฿600.00k | 0.70% ฿ 310.9m | |
| Executive Director | 27.08yrs | ฿600.00k | 0.59% ฿ 258.7m | |
| Executive Director | 10.75yrs | ฿600.00k | 1.46% ฿ 646.9m | |
| Production Group Manager & Executive Director | 5.25yrs | ฿600.00k | no data | |
| Group Manager of Human Resources | 11yrs | no data | no data | |
| Group Manager of Quality Assurance | 11yrs | no data | no data | |
| Group Manager of Engineering | 11yrs | no data | no data | |
| Group Manager of Engineering | 11yrs | no data | no data | |
| Chief Executive Officer of Plantation | 6yrs | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | ฿804.00k | 15.59% ฿ 6.9b | |
| CFO & Executive Director | 6.67yrs | ฿600.00k | no data | |
| Executive Director of Bangkok Branch | 25.75yrs | ฿600.00k | 1.11% ฿ 490.5m | |
| Chief Marketing Officer & Executive Director | 10.58yrs | ฿600.00k | 0.70% ฿ 310.9m | |
| Executive Director | 27.08yrs | ฿600.00k | 0.59% ฿ 258.7m | |
| Executive Director | 10.75yrs | ฿600.00k | 1.46% ฿ 646.9m | |
| Production Group Manager & Executive Director | 5.25yrs | ฿600.00k | no data | |
| Executive Director | 0.92yr | no data | no data | |
| Independent Director | 21yrs | ฿744.00k | no data | |
| Independent Director | 12.92yrs | ฿744.00k | no data | |
| Independent Vice Chairman of the Board | 1.5yrs | ฿672.00k | no data | |
| Independent Director | 1.5yrs | ฿300.00k | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| STA | SET (The Stock Exchange of Thailand) | Yes | Common Shares | TH | THB | Jan 1992 |
| STA-F | THAMSE (Bangkok-Alien Market Stock Exchange) | THB1(ALIEN MKT) | TH | THB | May 1995 | |
| NC2 | SGX (Singapore Exchange) | THB1(ALIEN MKT) | SG | SGD | May 1995 | |
| YTAA | DB (Deutsche Boerse AG) | THB1(ALIEN MKT) | DE | EUR | May 1995 | |
| STA-R | SET (The Stock Exchange of Thailand) | THB1(NVDR) | TH | THB | Aug 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 11:33 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.