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CAZ

CAZ (Thailand) SET:CAZ Stock Report

Last Price

฿5.15

Market Cap

฿1.5b

7D

-3.7%

1Y

107.7%

Updated

24 Jun, 2022

Data

Company Financials
CAZ fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends3/6

CAZ Stock Overview

CAZ (Thailand) Public Company Limited provides construction-related services to petrochemical plants, oil refinery projects, power plant projects, and infrastructure projects in Thailand.

CAZ (Thailand) Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for CAZ (Thailand)
Historical stock prices
Current Share Price฿5.15
52 Week High฿8.15
52 Week Low฿2.20
Beta1.25
1 Month Change-24.27%
3 Month Change0%
1 Year Change107.66%
3 Year Change129.13%
5 Year Changen/a
Change since IPO38.65%

Recent News & Updates

Shareholder Returns

CAZTH ConstructionTH Market
7D-3.7%1.4%0.7%
1Y107.7%34.5%0.5%

Return vs Industry: CAZ exceeded the TH Construction industry which returned 32% over the past year.

Return vs Market: CAZ exceeded the TH Market which returned -0.4% over the past year.

Price Volatility

Is CAZ's price volatile compared to industry and market?
CAZ volatility
CAZ Average Weekly Movement12.2%
Construction Industry Average Movement5.2%
Market Average Movement5.0%
10% most volatile stocks in TH Market10.4%
10% least volatile stocks in TH Market2.5%

Stable Share Price: CAZ is more volatile than 90% of TH stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: CAZ's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

FoundedEmployeesCEOWebsite
2014n/aSik Chunghttps://www.caz.co.th

CAZ (Thailand) Public Company Limited provides construction-related services to petrochemical plants, oil refinery projects, power plant projects, and infrastructure projects in Thailand. It offers engineering, procurement, and construction services in the areas of civil work, building work, production and fabrication work of steel structure, piping work, mechanical work, electrical and instrument work, and scaffolding and painting work. The company also undertakes structure erection, piping fabrication and erection, equipment erection, and electric and instrument works, including pre-commissioning and commissioning; and civil and building construction works, including engineering works.

CAZ (Thailand) Fundamentals Summary

How do CAZ (Thailand)'s earnings and revenue compare to its market cap?
CAZ fundamental statistics
Market Cap฿1.51b
Earnings (TTM)฿179.57m
Revenue (TTM)฿2.51b

8.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CAZ income statement (TTM)
Revenue฿2.51b
Cost of Revenue฿2.16b
Gross Profit฿348.02m
Other Expenses฿168.45m
Earnings฿179.57m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin13.87%
Net Profit Margin7.15%
Debt/Equity Ratio54.4%

How did CAZ perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

26%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is CAZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CAZ?

Other financial metrics that can be useful for relative valuation.

CAZ key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA5.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does CAZ's PE Ratio compare to its peers?

CAZ PE Ratio vs Peers
The above table shows the PE ratio for CAZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average17.5x

Price-To-Earnings vs Peers: CAZ is good value based on its Price-To-Earnings Ratio (8.4x) compared to the peer average (17.5x).


Price to Earnings Ratio vs Industry

How does CAZ's PE Ratio compare vs other companies in the Thai Construction Industry?

Price-To-Earnings vs Industry: CAZ is good value based on its Price-To-Earnings Ratio (8.4x) compared to the TH Construction industry average (24.6x)


Price to Earnings Ratio vs Fair Ratio

What is CAZ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CAZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CAZ's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of CAZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CAZ (THB5.15) is trading below our estimate of fair value (THB96.51)

Significantly Below Fair Value: CAZ is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CAZ's PEG Ratio to determine if it is good value.


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Future Growth

How is CAZ (Thailand) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


34.9%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CAZ (Thailand) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether CAZ (Thailand) is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has CAZ (Thailand) performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


29.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CAZ has high quality earnings.

Growing Profit Margin: CAZ's current net profit margins (7.2%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: CAZ's earnings have grown significantly by 29.6% per year over the past 5 years.

Accelerating Growth: CAZ's earnings growth over the past year (197.4%) exceeds its 5-year average (29.6% per year).

Earnings vs Industry: CAZ earnings growth over the past year (197.4%) exceeded the Construction industry 14.2%.


Return on Equity

High ROE: CAZ's Return on Equity (25.1%) is considered high.


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Financial Health

How is CAZ (Thailand)'s financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CAZ's short term assets (THB1.2B) exceed its short term liabilities (THB1.1B).

Long Term Liabilities: CAZ's short term assets (THB1.2B) exceed its long term liabilities (THB127.0M).


Debt to Equity History and Analysis

Debt Level: CAZ's net debt to equity ratio (32.1%) is considered satisfactory.

Reducing Debt: CAZ's debt to equity ratio has reduced from 285.4% to 54.4% over the past 5 years.

Debt Coverage: CAZ's debt is well covered by operating cash flow (107.4%).

Interest Coverage: CAZ's interest payments on its debt are well covered by EBIT (9.4x coverage).


Balance Sheet


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Dividend

What is CAZ (Thailand) current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.11%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CAZ's dividend (3.11%) is higher than the bottom 25% of dividend payers in the TH market (1.75%).

High Dividend: CAZ's dividend (3.11%) is low compared to the top 25% of dividend payers in the TH market (5.47%).


Stability and Growth of Payments

Stable Dividend: CAZ has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CAZ's dividend payments have increased, but the company has only paid a dividend for 3 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.2%), CAZ's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (12.1%), CAZ's dividend payments are thoroughly covered by cash flows.


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Management

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

7.4yrs

Average management tenure


CEO

Sik Chung (61 yo)

no data

Tenure

Mr. Sik Hong Chung serves as Chief Executive Officer of CAZ (Thailand) Public Company Limited and also has been its Director since February 19, 2014. Mr. Chung has been Director at JKEC Company Limited sin...


Leadership Team

Experienced Management: CAZ's management team is seasoned and experienced (7.4 years average tenure).


Board Members

Experienced Board: CAZ's board of directors are considered experienced (5.4 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

CAZ (Thailand) Public Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: CAZ (Thailand) Public Company Limited
  • Ticker: CAZ
  • Exchange: SET
  • Founded: 2014
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: ฿1.514b
  • Shares outstanding: 294.00m
  • Website: https://www.caz.co.th

Number of Employees


Location

  • CAZ (Thailand) Public Company Limited
  • 239 Huaypong-Nongbon Road
  • Huaypong Sub-district
  • Rayong
  • 21150
  • Thailand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.