TTA-F Stock Overview

An investment holding company, operates as a shipping service company in Thailand and internationally. More details

TTA-F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	2/6
Financial Health	6/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (5.2x) is below the TH market (15.6x)

Earnings are forecast to grow 9.03% per year

Risk Analysis

Shares are highly illiquid

Profit margins (8.1%) are lower than last year (18.6%)

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Thoresen Thai Agencies Public Company Limited Competitors

Saha-Union

SET:SUC

฿9.1b

Stecon Group

SET:STECON

฿11.4b

SCG Decor

SET:SCGD

฿7.7b

Dynasty Ceramic

SET:DCC

฿16.1b

Price History & Performance

Summary of share price highs, lows and changes for Thoresen Thai Agencies
Historical stock prices
Current Share Price	฿6.90
52 Week High	฿7.30
52 Week Low	฿2.80
Beta	1.38
1 Month Change	0%
3 Month Change	146.43%
1 Year Change	-22.03%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	22.42%

Recent updates

Shareholder Returns

	TTA-F	TH Industrials	TH Market
7D	0%	0.2%	1.5%
1Y	-22.0%	8.7%	-1.8%

Return vs Industry: TTA-F underperformed the TH Industrials industry which returned -1.2% over the past year.

Return vs Market: TTA-F underperformed the TH Market which returned -15.4% over the past year.

Price Volatility

Is TTA-F's price volatile compared to industry and market?
TTA-F volatility
TTA-F Average Weekly Movement	n/a
Industrials Industry Average Movement	4.4%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.8%
10% least volatile stocks in TH Market	2.1%

Stable Share Price: TTA-F's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine TTA-F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1904	n/a	Chalermchai Mahagitsiri	www.thoresen.com

Thoresen Thai Agencies Public Company Limited, an investment holding company, operates as a shipping service company in Thailand and internationally. It operates through five segments: Shipping, Offshore Service, Agrochemical, Food and Beverage, and Investment. The company offers dry bulk shipping services that carries a range of mineral ore, coal, agriculture products, construction materials, and steel products; and operates fleet of owned 24 vessels.

Thoresen Thai Agencies Public Company Limited Fundamentals Summary

How do Thoresen Thai Agencies's earnings and revenue compare to its market cap?
TTA-F fundamental statistics
Market cap	฿10.93b
Earnings (TTM)	฿2.10b
Revenue (TTM)	฿25.96b

5.2x

P/E Ratio

0.4x

P/S Ratio

Is TTA-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TTA-F income statement (TTM)
Revenue	฿25.96b
Cost of Revenue	฿20.50b
Gross Profit	฿5.46b
Other Expenses	฿3.36b
Earnings	฿2.10b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	1.15
Gross Margin	21.02%
Net Profit Margin	8.09%
Debt/Equity Ratio	37.2%

How did TTA-F perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

19%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/08/16 18:06
End of Day Share Price	2023/05/19 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

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

Thoresen Thai Agencies Public Company Limited is covered by 25 analysts. 1 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
Kawee Manitsupavong	Asia Plus Securities Company Limited
Jitra Amornthum	BNP Paribas Securities (Asia)
Suppata Srisuk	Bualuang Securities PCL

Thoresen Thai Agencies THAMSE:TTA-F Stock Report