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

SEAFCO-R is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the peer average (23.2x).

How does SEAFCO-R's PE Ratio compare vs other companies in the TH Construction Industry?

SEAFCO-R is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the TH Construction industry average (13.4x).

What is SEAFCO-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.

SEAFCO-R is good value based on its Price-To-Earnings Ratio (23.5x) compared to the estimated Fair Price-To-Earnings Ratio (25.8x).

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

SEAFCO-R (THB1.85) is trading below our estimate of [[fair value]] (THB3.15)

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.

SEAFCO-R Stock Overview

Engages in the construction of foundation and general public works in Thailand and internationally. More details

SEAFCO-R fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	1/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 41.3% below our estimate of its fair value

Earnings are forecast to grow 54.3% per year

Risk Analysis

Dividend of 4.42% is not well covered by earnings or free cash flows

Profit margins (4.6%) are lower than last year (8.7%)

Does not have a meaningful market cap (THB1B)

My Notes

Capture your thoughts, links and company narrative

Seafco Public Company Limited Competitors

Pylon

SET:PYLON

฿1.4b

SAAM Development

SET:SAAM

฿1.8b

Pre-Built

SET:PREB

฿1.3b

Christiani & Nielsen (Thai)

SET:CNT

฿1.1b

Price History & Performance

Summary of share price highs, lows and changes for Seafco
Historical stock prices
Current Share Price	฿1.85
52 Week High	฿2.58
52 Week Low	฿1.70
Beta	0.92
1 Month Change	-7.50%
3 Month Change	-23.55%
1 Year Change	-18.60%
3 Year Change	-57.07%
5 Year Change	-65.80%
Change since IPO	57.71%

Recent updates

Shareholder Returns

	SEAFCO-R	TH Construction	TH Market
7D	-4.1%	-6.6%	-4.7%
1Y	-18.6%	-24.9%	-3.4%

Return vs Industry: SEAFCO-R exceeded the TH Construction industry which returned -24.6% over the past year.

Return vs Market: SEAFCO-R underperformed the TH Market which returned -2.5% over the past year.

Price Volatility

Is SEAFCO-R's price volatile compared to industry and market?
SEAFCO-R volatility
SEAFCO-R Average Weekly Movement	4.4%
Construction Industry Average Movement	4.8%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.9%
10% least volatile stocks in TH Market	2.1%

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

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

About the Company

Founded	Employees	CEO	Website
1974	n/a	Narong Thasnanipan	www.seafco.co.th

Seafco Public Company Limited, together with its subsidiaries, engages in the construction of foundation and general public works in Thailand and internationally. The company offers bored piling services, such as small and large diameter bored piling; rectangular, L shape, and T shape barrette piling services; and diaphragm walling services for deep basements, underpass tunnels, deep shafts, MRTA subway stations, and cut and cover tunnels. It also undertakes ground improvement works, including soil improvement, deep mixing, and jet grouting for embankment foundations of highways, canals, riverbanks, tunnel openings, etc., as well as provision of vertical drain installation services.

Seafco Public Company Limited Fundamentals Summary

How do Seafco's earnings and revenue compare to its market cap?
SEAFCO-R fundamental statistics
Market cap	฿1.50b
Earnings (TTM)	฿63.74m
Revenue (TTM)	฿1.40b

23.5x

P/E Ratio

1.1x

P/S Ratio

Is SEAFCO-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SEAFCO-R income statement (TTM)
Revenue	฿1.40b
Cost of Revenue	฿1.19b
Gross Profit	฿207.97m
Other Expenses	฿144.23m
Earnings	฿63.74m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.079
Gross Margin	14.91%
Net Profit Margin	4.57%
Debt/Equity Ratio	10.7%

How did SEAFCO-R perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

104%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 08:28
End of Day Share Price	2024/12/20 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

Seafco Public Company Limited is covered by 4 analysts. 1 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
Pongrat Ratanatavanananda	Bualuang Securities PCL
Thanyatorn Songwutti	FSS International Advisory
Artit Jansawang	Globlex Securities Co. Ltd.