How does QTC-R's PE Ratio compare to its peers?

QTC-R is expensive based on its Price-To-Earnings Ratio (14.2x) compared to the peer average (11x).

How does QTC-R's PE Ratio compare vs other companies in the Asian Electrical Industry?

QTC-R is good value based on its Price-To-Earnings Ratio (14.2x) compared to the Asian Electrical industry average (28.6x).

What is QTC-R'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.

Insufficient data to calculate QTC-R's Price-To-Earnings Fair Ratio for valuation analysis.

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

QTC-R (THB3.68) is trading above our estimate of [[fair value]] (THB2.29)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

QTC-R Stock Overview

Engages in the manufacture, sale, and distribution of electric transformers in Thailand and internationally. More details

QTC-R fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	2/6

Rewards

Earnings grew by 1770.9% over the past year

Risk Analysis

Earnings have declined by 32.3% per year over past 5 years

Does not have a meaningful market cap (THB1B)

Dividend of 5.43% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

QTC Energy Public Company Limited Competitors

Arrow Syndicate

SET:ARROW

฿1.4b

Tirathai

SET:TRT

฿1.1b

Kijcharoen Engineering Electric

SET:KJL

฿1.5b

Asefa

SET:ASEFA

฿1.6b

Price History & Performance

Summary of share price highs, lows and changes for QTC Energy
Historical stock prices
Current Share Price	฿3.68
52 Week High	฿4.50
52 Week Low	฿3.00
Beta	0.60
1 Month Change	-4.66%
3 Month Change	-7.07%
1 Year Change	-9.80%
3 Year Change	-37.63%
5 Year Change	-10.68%
Change since IPO	-31.22%

Recent updates

Shareholder Returns

	QTC-R	TH Electrical	TH Market
7D	-2.6%	0.2%	-1.3%
1Y	-9.8%	-11.4%	-4.4%

Return vs Industry: QTC-R matched the TH Electrical industry which returned -9.9% over the past year.

Return vs Market: QTC-R underperformed the TH Market which returned -2.7% over the past year.

Price Volatility

Is QTC-R's price volatile compared to industry and market?
QTC-R volatility
QTC-R Average Weekly Movement	2.9%
Electrical Industry Average Movement	4.2%
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: QTC-R has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: QTC-R's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1996	n/a	Poonphiphat Tantanasin	qtc-energy.com

QTC Energy Public Company Limited, together with its subsidiaries, engages in the manufacture, sale, and distribution of electric transformers in Thailand and internationally. It also provides various services, such as scheduled check and maintenance, transformer repair and maintenance, transformer oil fill, transformer rental services, etc.; and involved in the import and distribution of product and equipment relating to the solar cells. In addition, the company invests in the renewable energy business; and produces and distributes electricity from solar energy.

QTC Energy Public Company Limited Fundamentals Summary

How do QTC Energy's earnings and revenue compare to its market cap?
QTC-R fundamental statistics
Market cap	฿1.26b
Earnings (TTM)	฿88.47m
Revenue (TTM)	฿1.43b

14.2x

P/E Ratio

0.9x

P/S Ratio

Is QTC-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QTC-R income statement (TTM)
Revenue	฿1.43b
Cost of Revenue	฿1.15b
Gross Profit	฿274.17m
Other Expenses	฿185.70m
Earnings	฿88.47m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.26
Gross Margin	19.19%
Net Profit Margin	6.19%
Debt/Equity Ratio	6.3%

How did QTC-R perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

77%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 11:28
End of Day Share Price	2025/01/02 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

QTC Energy Public Company Limited is covered by 3 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
Songklod Wongchai	Finansia Syrus Securities Public Company Limited
Boonyarith Benjathanarak	Globlex Securities Co. Ltd.
Terapatr Mathanukraw	KT Zmico Research