Megachem (Thailand) (SET:MGT) - Stock Price, News & Analysis

MGT Stock Overview

Engages in the distribution of specialty chemicals in Thailand. More details

MGT fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	5/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (9.1x) is below the TH market (14.8x)

Earnings grew by 25.3% over the past year

Risk Analysis

Earnings have declined by 0.6% per year over past 5 years

Does not have a meaningful market cap (THB808M)

Dividend of 4.95% is not well covered by free cash flows

Megachem (Thailand) Public Company Limited Competitors

Porn Prom Metal

SET:PPM

฿700.5m

Communication & System Solution

SET:CSS

฿1.2b

Harn Engineering Solutions

SET:HARN

฿1.2b

Alla

SET:ALLA

฿990.0m

Price History & Performance

Summary of all time highs, changes and price drops for Megachem (Thailand)
Historical stock prices
Current Share Price	฿2.02
52 Week High	฿3.02
52 Week Low	฿1.93
Beta	0.49
11 Month Change	-12.93%
3 Month Change	-6.48%
1 Year Change	-12.93%
33 Year Change	-50.00%
5 Year Change	15.43%
Change since IPO	-16.53%

Recent updates

Shareholder Returns

	MGT	TH Trade Distributors	TH Market
7D	1.0%	-5.2%	0.8%
1Y	-12.9%	-14.1%	3.1%

Return vs Industry: MGT exceeded the TH Trade Distributors industry which returned -14.1% over the past year.

Return vs Market: MGT underperformed the TH Market which returned 3.1% over the past year.

Price Volatility

Is MGT's price volatile compared to industry and market?
MGT volatility
MGT Average Weekly Movement	4.2%
Trade Distributors Industry Average Movement	5.2%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.4%

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

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

About the Company

Founded	Employees	CEO	Website
1992	n/a	Vitthaya Inala	www.megachem.co.th

Megachem (Thailand) Public Company Limited engages in the distribution of specialty chemicals in Thailand. The company distributes a range of chemical products that are used in various applications, such as adhesive, cleaning, construction, cosmetics, lubricants, paint, brake pad, oil and gas, paper, food and beverage, polyurethane, ink, polymerization, plastic, pharmaceutical, textile, rubber, metal finishing, water treatment, and electronics. It also imports and distributes ethanol chemicals, chemical raw materials to produce cosmetics, food supplements and perfumes, and construction materials, hospital and agricultural equipment.

Megachem (Thailand) Public Company Limited Fundamentals Summary

How do Megachem (Thailand)'s earnings and revenue compare to its market cap?
MGT fundamental statistics
Market cap	฿808.00m
Earnings (TTM)	฿88.45m
Revenue (TTM)	฿1.05b

9.1x

P/E Ratio

0.8x

P/S Ratio

Is MGT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGT income statement (TTM)
Revenue	฿1.05b
Cost of Revenue	฿708.71m
Gross Profit	฿337.80m
Other Expenses	฿249.35m
Earnings	฿88.45m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.22
Gross Margin	32.28%
Net Profit Margin	8.45%
Debt/Equity Ratio	17.5%

How did MGT perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

44%

Payout Ratio

MGT Stock Overview

Rewards

Risk Analysis

Megachem (Thailand) Public Company Limited Competitors

SET:PPM

฿700.5m

SET:CSS

฿1.2b

SET:HARN

฿1.2b

SET:ALLA

฿990.0m

Price History & Performance

Recent News & Updates

New major risk - Revenue and earnings growth

Investor sentiment deteriorates as stock falls 16%

First half dividend of ฿0.03 announced

Second quarter 2024 earnings released: EPS: ฿0.07 (vs ฿0.053 in 2Q 2023)

Megachem (Thailand) Public Company Limited Announces Interim Dividend for the period from January 1, 2024 to June 30, 2024, Payable on September 5, 2024

First quarter 2024 earnings released: EPS: ฿0.06 (vs ฿0.056 in 1Q 2023)

Recent updates

New major risk - Revenue and earnings growth

Investor sentiment deteriorates as stock falls 16%

First half dividend of ฿0.03 announced

Second quarter 2024 earnings released: EPS: ฿0.07 (vs ฿0.053 in 2Q 2023)

Megachem (Thailand) Public Company Limited Announces Interim Dividend for the period from January 1, 2024 to June 30, 2024, Payable on September 5, 2024

First quarter 2024 earnings released: EPS: ฿0.06 (vs ฿0.056 in 1Q 2023)

Upcoming dividend of ฿0.07 per share

Final dividend reduced to ฿0.07

Full year 2023 earnings released: EPS: ฿0.21 (vs ฿0.21 in FY 2022)

Megachem (Thailand) Public Company Limited Proposes Final Dividend for the Year 2023, Payable on May 20, 2024

Megachem (Thailand) Public Company Limited Proposes Final Dividend for the Year 2023, Payable on May 20, 2024

Third quarter 2023 earnings released: EPS: ฿0.04 (vs ฿0.049 in 3Q 2022)

Upcoming dividend of ฿0.03 per share at 4.2% yield

Megachem (Thailand) Public Company Limited Announces the Interim Dividend for Six Months Ended June 30, 2023, Payable on September 6, 2023

Second quarter 2023 earnings released: EPS: ฿0.05 (vs ฿0.063 in 2Q 2022)

First quarter 2023 earnings released: EPS: ฿0.06 (vs ฿0.07 in 1Q 2022)

Upcoming dividend of ฿0.08 per share at 3.6% yield

Full year 2022 earnings released: EPS: ฿0.21 (vs ฿0.26 in FY 2021)

Insufficient new directors

Upcoming dividend of ฿0.03 per share

Second quarter 2022 earnings released: EPS: ฿0.06 (vs ฿0.063 in 2Q 2021)

Megachem (Thailand) Public Company Limited Announces the Interim Dividend for the Period from 01 January, 2022 to 30 June, 2022, Payable on September 09, 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: ฿0.07 (vs ฿0.074 in 1Q 2021)

Upcoming dividend of ฿0.12 per share

Price target increased to ฿5.60

Less than half of directors are independent

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Upcoming dividend of ฿0.03 per share

Second quarter 2021 earnings released: EPS ฿0.063 (vs ฿0.096 in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS ฿0.07 (vs ฿0.062 in 1Q 2020)

Upcoming dividend of ฿0.07 per share

Investor sentiment improved over the past week

Megachem (Thailand) Public Company Limited Incorporates Joint Venture Known as Mega Fuji Graphite Limited with Fuji Graphite Works Co., Ltd

Chief Financial Officer has left the company

Megachem (Thailand) Public Company Limited Announces Change of Chief Financial Officer

Full year 2020 earnings released: EPS ฿0.25 (vs ฿0.18 in FY 2019)

Market pulls back on stock over the past week

Third quarter 2020 earnings released: EPS ฿0.05

New 90-day high: ฿2.70

New 90-day high: ฿2.62

Megachem (Thailand) Public Company Limited (SET:MGT) agreed to acquire additional 15% stake in Prime Index Co, Ltd from Myanmar investors.

Upcoming Dividend of ฿0.03 Per Share

Earnings released

Shareholder Returns

Price Volatility

About the Company

Megachem (Thailand) Public Company Limited Fundamentals Summary

9.1x

0.8x

Earnings & Revenue

Dividends

5.0%