ETE-R Stock Overview

Together with its subsidiary, provides installation services for electricity transmission and telecommunication networks primarily in Thailand. More details

ETE-R fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 64.1% below our estimate of its fair value

Risk Analysis

Interest payments are not well covered by earnings

Does not have a meaningful market cap (THB498M)

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Eastern Technical Engineering Public Company Limited Competitors

Nl Development

SET:NL

฿540.0m

Right Tunnelling

SET:RT

฿537.2m

Prosper Engineering

SET:PROS

฿551.5m

Teka Construction

SET:TEKA

฿660.0m

Price History & Performance

Summary of share price highs, lows and changes for Eastern Technical Engineering
Historical stock prices
Current Share Price	฿0.89
52 Week High	฿1.61
52 Week Low	฿0.80
Beta	0.93
1 Month Change	-3.26%
3 Month Change	-23.93%
1 Year Change	-20.54%
3 Year Change	-45.73%
5 Year Change	5.95%
Change since IPO	-84.52%

Recent updates

Shareholder Returns

	ETE-R	TH Construction	TH Market
7D	8.5%	2.5%	2.7%
1Y	-20.5%	-21.9%	-1.6%

Return vs Industry: ETE-R exceeded the TH Construction industry which returned -23.1% over the past year.

Return vs Market: ETE-R underperformed the TH Market which returned -1.8% over the past year.

Price Volatility

Is ETE-R's price volatile compared to industry and market?
ETE-R volatility
ETE-R Average Weekly Movement	4.4%
Construction Industry Average Movement	4.9%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.8%
10% least volatile stocks in TH Market	2.1%

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

Volatility Over Time: ETE-R's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1997	n/a	Raivin Lekavorranan	www.eastern-groups.com

Eastern Technical Engineering Public Company Limited, together with its subsidiary, provides installation services for electricity transmission and telecommunication networks primarily in Thailand. The company offers personnel management and business process management; electrical power engineering system services; and generates renewable energy from solar energy and biomass. It also provides personnel outsourcing and work force services, as well as engages in the engineering business.

Eastern Technical Engineering Public Company Limited Fundamentals Summary

How do Eastern Technical Engineering's earnings and revenue compare to its market cap?
ETE-R fundamental statistics
Market cap	฿498.40m
Earnings (TTM)	฿42.27m
Revenue (TTM)	฿1.57b

11.8x

P/E Ratio

0.3x

P/S Ratio

Is ETE-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ETE-R income statement (TTM)
Revenue	฿1.57b
Cost of Revenue	฿1.36b
Gross Profit	฿213.31m
Other Expenses	฿171.04m
Earnings	฿42.27m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.075
Gross Margin	13.59%
Net Profit Margin	2.69%
Debt/Equity Ratio	111.3%

How did ETE-R perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

40%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 16:13
End of Day Share Price	2024/12/27 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

Eastern Technical Engineering Public Company Limited is covered by 1 analysts. 0 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
Nuttawut Wongyaowalak	Globlex Securities Co. Ltd.