ARROW-R Stock Overview

Engages in the manufacture and sale of various conduits in construction and building, electrical conduits, and PPR pipings for water treatment systems in Thailand. More details

ARROW-R fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	3/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 69.2% below our estimate of its fair value

Earnings are forecast to grow 7.6% per year

Risk Analysis

Unstable dividend track record

Does not have a meaningful market cap (THB1B)

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

Arrow Syndicate Public Company Limited Competitors

QTC Energy

SET:QTC

฿1.3b

Asefa

SET:ASEFA

฿1.5b

Kijcharoen Engineering Electric

SET:KJL

฿1.6b

Charoong Thai Wire and Cable

SET:CTW

฿1.1b

Price History & Performance

Summary of share price highs, lows and changes for Arrow Syndicate
Historical stock prices
Current Share Price	฿5.25
52 Week High	฿6.65
52 Week Low	฿4.96
Beta	0.50
1 Month Change	-0.94%
3 Month Change	-4.55%
1 Year Change	-19.23%
3 Year Change	-36.36%
5 Year Change	-10.26%
Change since IPO	-34.38%

Recent updates

Shareholder Returns

	ARROW-R	TH Electrical	TH Market
7D	0%	-1.8%	-2.4%
1Y	-19.2%	-17.9%	-16.7%

Return vs Industry: ARROW-R underperformed the TH Electrical industry which returned -17.9% over the past year.

Return vs Market: ARROW-R underperformed the TH Market which returned -16.7% over the past year.

Price Volatility

Is ARROW-R's price volatile compared to industry and market?
ARROW-R volatility
ARROW-R Average Weekly Movement	2.6%
Electrical Industry Average Movement	3.9%
Market Average Movement	5.2%
10% most volatile stocks in TH Market	10.1%
10% least volatile stocks in TH Market	2.4%

Stable Share Price: ARROW-R has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: ARROW-R's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	n/a	Lertchai Vongchaiyasit	www.arrowpipe.com

Arrow Syndicate Public Company Limited engages in the manufacture and sale of various conduits in construction and building, electrical conduits, and PPR pipings for water treatment systems in Thailand. It offers electrical conduits, such as intermediate metallic, rigid steel, squarelocked and interlocked flexible metallic, and liquid tight flexible metallic conduits, as well as electrical metallic tubing products; hot and cool water pipes and fittings; air ducts, including spiral, long seam, wind-flex, flexible metal, and rectangular ducts; corrugated and posttensioned ducts; and reinforced thermosetting resin conduits. The company also manufactures and produces air cooling conduits, as well as operates as a contractor for electrical systems.

Arrow Syndicate Public Company Limited Fundamentals Summary

How do Arrow Syndicate's earnings and revenue compare to its market cap?
ARROW-R fundamental statistics
Market cap	฿1.35b
Earnings (TTM)	฿112.15m
Revenue (TTM)	฿1.29b

12.0x

P/E Ratio

1.0x

P/S Ratio

Is ARROW-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARROW-R income statement (TTM)
Revenue	฿1.29b
Cost of Revenue	฿978.63m
Gross Profit	฿311.12m
Other Expenses	฿198.98m
Earnings	฿112.15m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.44
Gross Margin	24.12%
Net Profit Margin	8.70%
Debt/Equity Ratio	4.7%

How did ARROW-R perform over the long term?

See historical performance and comparison

Dividends

6.7%

Current Dividend Yield

80%

Payout Ratio

Does ARROW-R pay a reliable dividends?

See ARROW-R dividend history and benchmarks

When do you need to buy ARROW-R by to receive an upcoming dividend?
Arrow Syndicate dividend dates
Ex Dividend Date	May 06 2025
Dividend Pay Date	May 22 2025
Days until Ex dividend	51 days
Days until Dividend pay date	67 days

Does ARROW-R pay a reliable dividends?

See ARROW-R dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/15 10:17
End of Day Share Price	2025/03/14 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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.

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 Github.

Analyst Sources

Arrow Syndicate Public Company Limited is covered by 2 analysts. 1 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
Watcharain Jongyanyong	Globlex Securities Co. Ltd.
Danai Tunyaphisitchai	Phillip Securities (Thailand) PCL