How does STECON's PE Ratio compare to its peers?

STECON is expensive based on its Price-To-Earnings Ratio (50x) compared to the peer average (16.3x).

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

STECON is expensive based on its Price-To-Earnings Ratio (50x) compared to the TH Construction industry average (12x).

What is STECON'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.

STECON is expensive based on its Price-To-Earnings Ratio (50x) compared to the estimated Fair Price-To-Earnings Ratio (30.3x).

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

STECON (THB7.9) is trading below our estimate of [[fair value]] (THB15.34)

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

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Stecon Group (SET:STECON) - Stock Price, News & Analysis

STECON Stock Overview

Through its subsidiaries, engages in construction contracting, utility and power, logistics and transportation, and other businesses. More details

STECON fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	1/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 48.5% below our estimate of its fair value

Earnings are forecast to grow 38.43% per year

Analysts in good agreement that stock price will rise by 26.8%

Risk Analysis

Highly volatile share price over the past 3 months compared to the TH market

Profit margins (0.8%) are lower than last year (2.6%)

Stecon Group Public Company Limited Competitors

Turnkey Communication Services

SET:TKC

฿4.8b

TEAM Consulting Engineering and Management

SET:TEAMG

฿3.0b

Unique Engineering and Construction

SET:UNIQ

฿3.1b

Syntec Construction

SET:SYNTEC

฿2.5b

Price History & Performance

Summary of all time highs, changes and price drops for Stecon Group
Historical stock prices
Current Share Price	฿7.90
52 Week High	฿11.10
52 Week Low	฿4.16
Beta	0.90
11 Month Change	0%
3 Month Change	-8.14%
1 Year Change	-16.84%
33 Year Change	-44.76%
5 Year Change	-47.33%
Change since IPO	-43.26%

Recent updates

Shareholder Returns

	STECON	TH Construction	TH Market
7D	-4.8%	-4.5%	-0.3%
1Y	-16.8%	-24.5%	2.0%

Return vs Industry: STECON exceeded the TH Construction industry which returned -24.5% over the past year.

Return vs Market: STECON underperformed the TH Market which returned 2% over the past year.

Price Volatility

Is STECON's price volatile compared to industry and market?
STECON volatility
STECON Average Weekly Movement	18.7%
Construction Industry Average Movement	6.0%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.5%

Stable Share Price: STECON's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: STECON's weekly volatility has increased from 11% to 19% over the past year.

About the Company

Founded	Employees	CEO	Website
1962	n/a	Pakpoom Srichamni	www.stecongroup.co.th

Stecon Group Public Company Limited, through its subsidiaries, engages in construction contracting, utility and power, logistics and transportation, and other businesses. The company undertakes construction works, such as infrastructure, building power and energy, industrial, and environment construction activities. It also engages in the selling, leasing, and servicing of construction machinery and equipment; production and transportation of precast concrete parts, such as precast boxes, concrete beams, columns, and crossbeams for infrastructure and public utilities, and building projects; production and services for piles driving; and provision of training services for skilled labor, and consulting services on precast concrete products.

Stecon Group Public Company Limited Fundamentals Summary

How do Stecon Group's earnings and revenue compare to its market cap?
STECON fundamental statistics
Market cap	฿12.00b
Earnings (TTM)	฿240.20m
Revenue (TTM)	฿30.97b

50.0x

P/E Ratio

0.4x

P/S Ratio

Is STECON overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STECON income statement (TTM)
Revenue	฿30.97b
Cost of Revenue	฿29.49b
Gross Profit	฿1.49b
Other Expenses	฿1.25b
Earnings	฿240.20m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.16
Gross Margin	4.80%
Net Profit Margin	0.78%
Debt/Equity Ratio	26.2%

How did STECON perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

95%

Payout Ratio

STECON Stock Overview

Rewards

Risk Analysis

Stecon Group Public Company Limited Competitors

SET:TKC

฿4.8b

SET:TEAMG

฿3.0b

SET:UNIQ

฿3.1b

SET:SYNTEC

฿2.5b

Price History & Performance

Recent News & Updates

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 32%

First quarter 2024 earnings released: EPS: ฿10.00 (vs ฿0.11 in 1Q 2023)

Sino-Thai Engineering and Construction Public Company Limited Approves Board Appointments

Upcoming dividend of ฿0.15 per share

Dividend of ฿0.15 announced

Recent updates

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 32%

First quarter 2024 earnings released: EPS: ฿10.00 (vs ฿0.11 in 1Q 2023)

Sino-Thai Engineering and Construction Public Company Limited Approves Board Appointments

Upcoming dividend of ฿0.15 per share

Dividend of ฿0.15 announced

Sino-Thai Engineering and Construction Public Company Limited, Annual General Meeting, Apr 26, 2024

Consensus EPS estimates fall by 14%

Consensus EPS estimates fall by 14%

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improves as stock rises 15%

Insufficient new directors

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 16%, revenue upgraded

Consensus revenue estimates fall by 14%

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 8.6% to ฿14.20

Investor sentiment improves as stock rises 18%

Consensus EPS estimates fall by 13%

First quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.15 in 1Q 2022)

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of ฿0.30 per share at 2.0% yield

Third quarter 2022 earnings: EPS misses analyst expectations

Insufficient new directors

Consensus EPS estimates fall by 11%

Price target decreased to ฿15.32

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

Insufficient new directors

Upcoming dividend of ฿0.25 per share

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Third quarter 2021 earnings released: EPS ฿0.089 (vs ฿0.15 in 3Q 2020)

Consensus revenue estimates fall to ฿30.3b

First quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.14 in 1Q 2020)

Upcoming Dividend of ฿0.30 Per Share

Full year 2020 earnings released

Revenue and earnings beat expectations

Sino-Thai Engineering and Construction Public Company Limited Appoints Tejapijaya Jaikaew as Senior Executive Vice President - Financial and Administration Division

New 90-day low: ฿11.50

New 90-day high: ฿13.40

Earnings beat expectations, revenue disappoints

Third quarter 2020 earnings released: EPS ฿0.15

New 90-day low: ฿10.60

Sino-Thai Engineering and Construction Public Company Limited (SET:STEC) agreed to acquire STIT Co., Ltd. from STP&I Public Company Limited (SET:STPI) for approximately THB 670 million.

New 90-day low: ฿11.80

New 90-day low - ฿12.50

New 90-day low - ฿13.90

Earnings released

Sino-Thai Engineering and Construction Public Company Limited (SET:STEC) agreed to acquire Mo Chit Land Company Limited from U City Public Company Limited (SET:U).

Price target lowered to ฿17.24

Shareholder Returns

Price Volatility

About the Company

Stecon Group Public Company Limited Fundamentals Summary

50.0x

0.4x

Earnings & Revenue