Unimit Engineering (SET:UEC-R) - Stock Price, News & Analysis

UEC-R Stock Overview

Engages in the design, shop fabrication, field installation, and erection of steel products and construction works in Thailand and internationally. More details

UEC-R fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 66.1% below our estimate of its fair value

Risk Analysis

Profit margins (4.9%) are lower than last year (8.8%)

Does not have a meaningful market cap (THB719M)

Dividend of 10.32% is not well covered by earnings

Unimit Engineering Public Company Limited Competitors

Eureka Design

SET:UREKA

฿873.1m

Getabec

SET:GTB

฿691.2m

Firetrade Engineering

SET:FTE

฿1.0b

BJC Heavy Industries

SET:BJCHI

฿2.0b

Price History & Performance

Summary of all time highs, changes and price drops for Unimit Engineering
Historical stock prices
Current Share Price	฿1.26
52 Week High	฿2.08
52 Week Low	฿1.25
Beta	0.22
11 Month Change	-13.70%
3 Month Change	-5.97%
1 Year Change	-19.75%
33 Year Change	-47.50%
5 Year Change	68.00%
Change since IPO	-22.46%

Recent updates

Shareholder Returns

	UEC-R	TH Machinery	TH Market
7D	-4.5%	-4.2%	-0.3%
1Y	-19.7%	-37.5%	2.0%

Return vs Industry: UEC-R exceeded the TH Machinery industry which returned -37.5% over the past year.

Return vs Market: UEC-R underperformed the TH Market which returned 2% over the past year.

Price Volatility

Is UEC-R's price volatile compared to industry and market?
UEC-R volatility
UEC-R Average Weekly Movement	4.0%
Machinery Industry Average Movement	3.6%
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: UEC-R has not had significant price volatility in the past 3 months compared to the TH market.

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

About the Company

Founded	Employees	CEO	Website
1982	n/a	Bundit Lertprasertsuk	www.unimit.com/th/home

Unimit Engineering Public Company Limited, together with its subsidiaries, engages in the design, shop fabrication, field installation, and erection of steel products and construction works in Thailand and internationally. It offers pressure vessels, including columns/towers, cryogenic tanks, shell and tube heat exchangers, spherical tanks, and vessels/drums, as well as LPG tanks comprising LPG aboveground and underground tanks, and self-support tanks; and machinery parts, such as diverters, fan casings,pre heaters, furnace casings, stacks and chimneys, and water treatment parts. The company also provides storage tanks, including API storage tanks and silo hopper products; steel structures, piping shop fabrication products, and platforms and ladders; and mechanical installation services, such as piping and equipment installations, module works, and shut down and modification works services.

Unimit Engineering Public Company Limited Fundamentals Summary

How do Unimit Engineering's earnings and revenue compare to its market cap?
UEC-R fundamental statistics
Market cap	฿718.84m
Earnings (TTM)	฿49.43m
Revenue (TTM)	฿1.01b

14.5x

P/E Ratio

0.7x

P/S Ratio

Is UEC-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UEC-R income statement (TTM)
Revenue	฿1.01b
Cost of Revenue	฿823.19m
Gross Profit	฿189.58m
Other Expenses	฿140.14m
Earnings	฿49.43m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.087
Gross Margin	18.72%
Net Profit Margin	4.88%
Debt/Equity Ratio	0%

How did UEC-R perform over the long term?

See historical performance and comparison

Dividends

10.3%

Current Dividend Yield

150%

Payout Ratio