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Eastern Technical Engineering SET:ETE Stock Report

Last Price

฿0.71

Market Cap

฿397.6m

7D

-1.4%

1Y

-44.5%

Updated

19 Mar, 2025

Data

Company Financials

Eastern Technical Engineering Public Company Limited

SET:ETE Stock Report

Market Cap: ฿397.6m

ETE Stock Overview

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

ETE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends2/6

Rewards

Trading at 90.7% below our estimate of its fair value

Risk Analysis

Earnings have declined by 0.2% per year over past 5 years

Interest payments are not well covered by earnings

Dividend of 4.23% is not well covered by free cash flows

Profit margins (0.9%) are lower than last year (3%)

+ 1 more risk

Community vs My Fair Value

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Eastern Technical Engineering Public Company Limited Competitors

Prosper Engineering

SET:PROS

฿375.1m

Well Graded Engineering

SET:WGE

฿444.0m

NL Development

SET:NL

฿460.0m

Floyd

SET:FLOYD

฿377.8m

Price History & Performance

Summary of share price highs, lows and changes for Eastern Technical Engineering
Historical stock prices
Current Share Price฿0.71
52 Week High฿1.59
52 Week Low฿0.62
Beta0.81
1 Month Change-7.79%
3 Month Change-12.35%
1 Year Change-44.53%
3 Year Change-57.49%
5 Year Change39.22%
Change since IPO-87.65%

Recent News & Updates

Recent updates

Shareholder Returns

ETETH ConstructionTH Market
7D-1.4%-5.2%-1.0%
1Y-44.5%-51.0%-16.3%

Return vs Industry: ETE exceeded the TH Construction industry which returned -51% over the past year.

Return vs Market: ETE underperformed the TH Market which returned -16.3% over the past year.

Price Volatility

Is ETE's price volatile compared to industry and market?
ETE volatility
ETE Average Weekly Movement5.4%
Construction Industry Average Movement6.4%
Market Average Movement5.2%
10% most volatile stocks in TH Market10.3%
10% least volatile stocks in TH Market2.3%

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

Volatility Over Time: ETE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aRaivin Lekavorrananwww.eastern-groups.com

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

Eastern Technical Engineering Public Company Limited Fundamentals Summary

How do Eastern Technical Engineering's earnings and revenue compare to its market cap?
ETE fundamental statistics
Market cap฿397.60m
Earnings (TTM)฿13.33m
Revenue (TTM)฿1.41b

29.8x

P/E Ratio

0.3x

P/S Ratio

Is ETE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ETE income statement (TTM)
Revenue฿1.41b
Cost of Revenue฿1.21b
Gross Profit฿191.37m
Other Expenses฿178.04m
Earnings฿13.33m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.024
Gross Margin13.61%
Net Profit Margin0.95%
Debt/Equity Ratio118.3%

How did ETE perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

40%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/19 14:14
End of Day Share Price 2025/03/19 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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.

AnalystInstitution
Nuttawut WongyaowalakGloblex Securities Co. Ltd.