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	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 89.6% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (THB685M)

Dividend of 10.83% is not well covered by earnings

My Notes

Capture your thoughts, links and company narrative

Unimit Engineering Public Company Limited Competitors

Interroyal Engineering

SET:IROYAL

฿823.4m

Getabec

SET:GTB

฿710.4m

Eureka Design

SET:UREKA

฿1.7b

Firetrade Engineering

SET:FTE

฿983.4m

Price History & Performance

Summary of share price highs, lows and changes for Unimit Engineering
Historical stock prices
Current Share Price	฿1.20
52 Week High	฿2.08
52 Week Low	฿1.20
Beta	0.30
1 Month Change	-5.51%
3 Month Change	-14.89%
1 Year Change	-18.37%
3 Year Change	-50.00%
5 Year Change	71.43%
Change since IPO	-26.15%

Recent updates

Shareholder Returns

	UEC-R	TH Machinery	TH Market
7D	-6.3%	0.4%	-4.4%
1Y	-18.4%	-17.2%	-2.5%

Return vs Industry: UEC-R underperformed the TH Machinery industry which returned -17.2% over the past year.

Return vs Market: UEC-R underperformed the TH Market which returned -2.5% 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	3.5%
Machinery Industry Average Movement	3.6%
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: 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	฿684.61m
Earnings (TTM)	-฿12.41m
Revenue (TTM)	฿944.43m

0.7x

P/S Ratio

-55.1x

P/E 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	฿944.43m
Cost of Revenue	฿800.90m
Gross Profit	฿143.52m
Other Expenses	฿155.94m
Earnings	-฿12.41m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.022
Gross Margin	15.20%
Net Profit Margin	-1.31%
Debt/Equity Ratio	0%

How did UEC-R perform over the long term?

See historical performance and comparison

Dividends

10.8%

Current Dividend Yield

-597%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 19:06
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

Unimit Engineering Public Company Limited is covered by 3 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
Yuriko Higuchi	CGS International
Raweenuch Piyakriengkai	KGI Securities Co. Ltd.
Phornsri Laysanitsaerekul	KT Zmico Research