How does SOLAR's PS Ratio compare to its peers?

SOLAR is expensive based on its Price-To-Sales Ratio (1.7x) compared to the peer average (0.9x).

How does SOLAR's PS Ratio compare vs other companies in the Asian Electrical Industry?

SOLAR is good value based on its Price-To-Sales Ratio (1.7x) compared to the Asian Electrical industry average (1.8x).

What is SOLAR's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate SOLAR's Price-To-Sales Fair Ratio for valuation analysis.

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

Insufficient data to calculate SOLAR's fair value for valuation analysis.

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.

Solartron (SET:SOLAR) - Stock Price, News & Analysis

SOLAR Stock Overview

Manufactures and sells solar cells and modules in Thailand and internationally.

About the company

SOLAR fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Rewards

Risk Analysis

Does not have a meaningful market cap (THB634M)

Solartron Public Company Limited Competitors

Teera-Mongkol Industry

SET:TMI

฿691.6m

Kumwell Corporation

SET:KUMWEL

฿739.6m

Lighting and Equipment

SET:L&E

฿610.1m

CPT Drives and Power

SET:CPT

฿891.0m

Price History & Performance

Summary of all time highs, changes and price drops for Solartron
Historical stock prices
Current Share Price	฿0.52
52 Week High	฿0.84
52 Week Low	฿0.44
Beta	0.54
11 Month Change	-3.70%
3 Month Change	4.00%
1 Year Change	-21.21%
33 Year Change	-70.79%
5 Year Change	-67.09%
Change since IPO	-95.52%

Recent updates

Shareholder Returns

	SOLAR	TH Electrical	TH Market
7D	0%	0.8%	0.04%
1Y	-21.2%	-0.8%	2.8%

Return vs Industry: SOLAR underperformed the TH Electrical industry which returned -0.8% over the past year.

Return vs Market: SOLAR underperformed the TH Market which returned 2.8% over the past year.

Price Volatility

Is SOLAR's price volatile compared to industry and market?
SOLAR volatility
SOLAR Average Weekly Movement	6.2%
Electrical Industry Average Movement	4.5%
Market Average Movement	5.0%
10% most volatile stocks in TH Market	10.9%
10% least volatile stocks in TH Market	2.5%

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

Volatility Over Time: SOLAR's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1986	n/a	Sittichai Kritvivat	www.solartron.co.th

Solartron Public Company Limited, together with its subsidiaries, manufactures and sells solar cells and modules in Thailand and internationally. The company operates through Selling and Installation of Solar - Cell Systems, Distribution Solar - Cell, Sale of Electricity, Hire of Work, and Other segments. It also offers surveys design and installation services, as well as after-sales services and monitoring systems.

Solartron Public Company Limited Fundamentals Summary

How do Solartron's earnings and revenue compare to its market cap?
SOLAR fundamental statistics
Market cap	฿622.48m
Earnings (TTM)	-฿59.91m
Revenue (TTM)	฿365.43m

1.7x

P/S Ratio

-10.4x

P/E Ratio

Is SOLAR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLAR income statement (TTM)
Revenue	฿365.43m
Cost of Revenue	฿312.43m
Gross Profit	฿53.01m
Other Expenses	฿112.92m
Earnings	-฿59.91m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.05
Gross Margin	14.50%
Net Profit Margin	-16.40%
Debt/Equity Ratio	108.1%

How did SOLAR perform over the long term?

See historical performance and comparison

SOLAR Stock Overview

Rewards

Risk Analysis

Solartron Public Company Limited Competitors

SET:TMI

฿691.6m

SET:KUMWEL

฿739.6m

SET:L&E

฿610.1m

SET:CPT

฿891.0m

Price History & Performance

Recent News & Updates

Second quarter 2024 earnings released: ฿0.05 loss per share (vs ฿0.009 profit in 2Q 2023)

New minor risk - Share price stability

New minor risk - Profit margin trend

First quarter 2024 earnings released: ฿0.01 loss per share (vs ฿0.14 profit in 1Q 2023)

Solartron Public Company Limited Announces Audit Committee/ Renewal for the Term of Audit Committee

Solartron Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 88.037634 million.

Recent updates

Second quarter 2024 earnings released: ฿0.05 loss per share (vs ฿0.009 profit in 2Q 2023)

New minor risk - Share price stability

New minor risk - Profit margin trend

First quarter 2024 earnings released: ฿0.01 loss per share (vs ฿0.14 profit in 1Q 2023)

Solartron Public Company Limited Announces Audit Committee/ Renewal for the Term of Audit Committee

Solartron Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 88.037634 million.

Solartron Public Company Limited, Annual General Meeting, Apr 29, 2024

Full year 2023 earnings released: EPS: ฿0.15 (vs ฿0.15 loss in FY 2022)

Solartron Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 174.1192 million.

Solartron Public Company Limited, Annual General Meeting, Mar 05, 2024

Third quarter 2023 earnings released: EPS: ฿0.005 (vs ฿0.047 loss in 3Q 2022)

Solartron Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 264 million.

Second quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.04 loss in 2Q 2022)

First quarter 2023 earnings released: EPS: ฿0.14 (vs ฿0.038 loss in 1Q 2022)

Solartron Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 87.0592 million.

Third quarter 2022 earnings released: ฿0.05 loss per share (vs ฿0.14 loss in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: ฿0.04 loss per share (vs ฿0.11 loss in 2Q 2021)

First quarter 2022 earnings released: ฿0.04 loss per share (vs ฿0.11 loss in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: ฿0.14 loss per share (vs ฿0.09 loss in 3Q 2020)

Less than half of directors are independent

Independent Director Kitti Pintavirooj has left the company

Second quarter 2021 earnings released: ฿0.11 loss per share (vs ฿0.093 loss in 2Q 2020)

First quarter 2021 earnings released: ฿0.11 loss per share (vs ฿0.13 loss in 1Q 2020)

Director has left the company

New 90-day high: ฿1.94

Full year 2020 earnings released: ฿0.99 loss per share (vs ฿0.80 loss in FY 2019)

New 90-day high: ฿1.46

New 90-day high: ฿1.38

New 90-day high: ฿0.98

Third quarter 2020 earnings released: ฿0.09 loss per share

New 90-day low: ฿0.87

New 90-day low: ฿0.90

New 90-day low - ฿0.91

New 90-day low - ฿0.97

First half earnings released

Shareholder Returns

Price Volatility

About the Company

Solartron Public Company Limited Fundamentals Summary

1.7x

-10.4x

Earnings & Revenue