IND-R Stock Overview

Operates as an engineering consultancy company in Thailand. More details

IND-R fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 52.4% below our estimate of its fair value

Became profitable this year

Risk Analysis

Does not have a meaningful market cap (THB287M)

My Notes

Capture your thoughts, links and company narrative

Index International Group Public Company Limited Competitors

Thai Enger Holding

SET:TIGER

฿289.8m

Floyd

SET:FLOYD

฿351.1m

Right Tunnelling

SET:RT

฿523.4m

Eastern Technical Engineering

SET:ETE

฿476.0m

Price History & Performance

Summary of share price highs, lows and changes for Index International Group
Historical stock prices
Current Share Price	฿0.82
52 Week High	฿1.18
52 Week Low	฿0.71
Beta	-0.22
1 Month Change	-2.38%
3 Month Change	-1.20%
1 Year Change	-10.87%
3 Year Change	-56.84%
5 Year Change	n/a
Change since IPO	-72.48%

Recent updates

Shareholder Returns

	IND-R	TH Construction	TH Market
7D	2.5%	0.2%	-1.2%
1Y	-10.9%	-25.3%	-3.6%

Return vs Industry: IND-R exceeded the TH Construction industry which returned -25.3% over the past year.

Return vs Market: IND-R underperformed the TH Market which returned -3.6% over the past year.

Price Volatility

Is IND-R's price volatile compared to industry and market?
IND-R volatility
IND-R Average Weekly Movement	4.0%
Construction Industry Average Movement	5.1%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.7%
10% least volatile stocks in TH Market	2.1%

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

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

About the Company

Founded	Employees	CEO	Website
1983	n/a	Pornlapas Na Lamphun	www.index.co.th

Index International Group Public Company Limited operates as an engineering consultancy company in Thailand. The company provides a range of services in specialized fields, such as project planning; city and district planning; architectural design, involving landscaping and architecture; engineering design comprising structural electrical, mechanical, transportation, sanitary, geotechnical, environmental, and water resources engineering. Its services also comprise master planning in the fields of site reconnaissance and survey, socio-economic survey and analysis, and feasibility analysis; and complete design and engineering services for construction and contract bidding, such as preliminary engineering design, detailed engineering design, scale models when required, specification and drawings, bills of quantities, other technical description required for procurement and construction, and geographic information system.

Index International Group Public Company Limited Fundamentals Summary

How do Index International Group's earnings and revenue compare to its market cap?
IND-R fundamental statistics
Market cap	฿287.00m
Earnings (TTM)	฿57.02m
Revenue (TTM)	฿783.78m

5.0x

P/E Ratio

0.4x

P/S Ratio

Is IND-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IND-R income statement (TTM)
Revenue	฿783.78m
Cost of Revenue	฿611.89m
Gross Profit	฿171.89m
Other Expenses	฿114.87m
Earnings	฿57.02m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.16
Gross Margin	21.93%
Net Profit Margin	7.28%
Debt/Equity Ratio	1.7%

How did IND-R perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

9%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/05 11:32
End of Day Share Price	2025/01/03 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

Index International Group 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
Natapon Khamthakrue	Yuanta Securities (Thailand) Company Limited