SMIT-R Stock Overview

Imports and distributes materials, machinery, and equipment for industries in Thailand. More details

SMIT-R fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	5/6
Dividends	1/6

Rewards

Price-To-Earnings ratio (16.4x) is below the Trade Distributors industry average (16.7x)

Risk Analysis

Earnings have declined by 3.4% per year over past 5 years

Dividend of 6.06% is not well covered by earnings or free cash flows

Does not have a meaningful market cap (THB2B)

My Notes

Capture your thoughts, links and company narrative

Sahamit Machinery Public Company Limited Competitors

Global Connections

SET:GC

฿2.2b

UAC Global

SET:UAC

฿2.0b

Communication & System Solution

SET:CSS

฿987.6m

Harn Engineering Solutions

SET:HARN

฿1.2b

Price History & Performance

Summary of share price highs, lows and changes for Sahamit Machinery
Historical stock prices
Current Share Price	฿3.96
52 Week High	฿4.62
52 Week Low	฿3.90
Beta	0.45
1 Month Change	-3.41%
3 Month Change	-5.26%
1 Year Change	-11.61%
3 Year Change	-17.50%
5 Year Change	5.88%
Change since IPO	-20.80%

Recent updates

Shareholder Returns

	SMIT-R	TH Trade Distributors	TH Market
7D	-1.5%	-3.7%	-4.7%
1Y	-11.6%	-22.5%	-3.4%

Return vs Industry: SMIT-R exceeded the TH Trade Distributors industry which returned -22.5% over the past year.

Return vs Market: SMIT-R underperformed the TH Market which returned -3.4% over the past year.

Price Volatility

Is SMIT-R's price volatile compared to industry and market?
SMIT-R volatility
SMIT-R Average Weekly Movement	1.5%
Trade Distributors Industry Average Movement	4.7%
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: SMIT-R has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: SMIT-R's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1973	n/a	n/a	www.sahamit.co.th

Sahamit Machinery Public Company Limited imports and distributes materials, machinery, and equipment for industries in Thailand. The company operates through three segments: Steel & Heat Treatment, Machine Tools & Tooling, and Others. It provides special steels for making molds, including hot work tool steel for aluminum extrusion and die-casting; cold work tool steel for blanking and punching tools, shear blades, automobiles, and electronic appliances; high speed steel for end mill cutters, twist drills, and wood-working tools; and plastic mold steel for PVC pipes, melamine kitchenware, and screw parts in the plastic injection machines.

Sahamit Machinery Public Company Limited Fundamentals Summary

How do Sahamit Machinery's earnings and revenue compare to its market cap?
SMIT-R fundamental statistics
Market cap	฿2.10b
Earnings (TTM)	฿128.09m
Revenue (TTM)	฿1.61b

16.4x

P/E Ratio

1.3x

P/S Ratio

Is SMIT-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SMIT-R income statement (TTM)
Revenue	฿1.61b
Cost of Revenue	฿1.09b
Gross Profit	฿517.55m
Other Expenses	฿389.46m
Earnings	฿128.09m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.24
Gross Margin	32.12%
Net Profit Margin	7.95%
Debt/Equity Ratio	1.5%

How did SMIT-R perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

99%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 00:47
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

Sahamit Machinery Public Company Limited is covered by 2 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
Watcharain Jongyanyong	Globlex Securities Co. Ltd.
Jaroonpan Wattanawong	Maybank Investment Bank Berhad