Thanulux (SET:TNL) - Stock Price, News & Analysis

TNL Stock Overview

Manufactures, subcontracting, and distributes apparel and leather products for men, women, and children in Thailand. More details

TNL fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

High level of non-cash earnings

Profit margins (13.9%) are lower than last year (41.3%)

Thanulux Public Company Limited Competitors

MC Group

SET:MC

฿8.6b

Sabina

SET:SABINA

฿7.3b

Warrix Sport

SET:WARRIX

฿2.4b

Pranda Jewelry

SET:PDJ

฿1.2b

Price History & Performance

Summary of all time highs, changes and price drops for Thanulux
Historical stock prices
Current Share Price	฿35.25
52 Week High	฿37.75
52 Week Low	฿23.30
Beta	-0.17
11 Month Change	-4.73%
3 Month Change	8.46%
1 Year Change	1.44%
33 Year Change	79.85%
5 Year Change	76.25%
Change since IPO	366.46%

Recent updates

Shareholder Returns

	TNL	TH Luxury	TH Market
7D	4.4%	-0.006%	0.3%
1Y	1.4%	-11.5%	3.2%

Return vs Industry: TNL exceeded the TH Luxury industry which returned -11.5% over the past year.

Return vs Market: TNL underperformed the TH Market which returned 3.2% over the past year.

Price Volatility

Is TNL's price volatile compared to industry and market?
TNL volatility
TNL Average Weekly Movement	3.9%
Luxury Industry Average Movement	4.7%
Market Average Movement	4.6%
10% most volatile stocks in TH Market	10.0%
10% least volatile stocks in TH Market	2.4%

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

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

About the Company

Founded	Employees	CEO	Website
1975	n/a	Kittichai Treerachataphong	www.tnl.co.th

Thanulux Public Company Limited manufactures, subcontracting, and distributes apparel and leather products for men, women, and children in Thailand. The company operates through four segments: Textiles and Apparels Industries Business; Secured Lending Business; Assets Management Business; and Real Estate Development Business. It offers finished garments for men, women, and children, such as shirts, polo shirts, trousers, suits, jackets, pajamas, undergarments, neckties, handkerchiefs, scarves, swimsuits, sportswear, and socks under the ARROW, EXCELLCENCY, Guy Laroche, DAKS, Takeo Kikuchi, Olymp, and Erawon trademarks; and apparels for infants to 8-year-olds, including diapers, bedding, shoes, socks, dolls, and accessories for toddlers under the trademark Absorba.

Thanulux Public Company Limited Fundamentals Summary

How do Thanulux's earnings and revenue compare to its market cap?
TNL fundamental statistics
Market cap	฿10.74b
Earnings (TTM)	฿367.29m
Revenue (TTM)	฿2.64b

29.2x

P/E Ratio

4.1x

P/S Ratio

Is TNL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNL income statement (TTM)
Revenue	฿2.64b
Cost of Revenue	฿1.14b
Gross Profit	฿1.51b
Other Expenses	฿1.14b
Earnings	฿367.29m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.21
Gross Margin	57.00%
Net Profit Margin	13.90%
Debt/Equity Ratio	18.6%

How did TNL perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

25%

Payout Ratio

TNL Stock Overview

Risk Analysis

Thanulux Public Company Limited Competitors

SET:MC

฿8.6b

SET:SABINA

฿7.3b

SET:WARRIX

฿2.4b

SET:PDJ

฿1.2b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: ฿0.23 (vs ฿0.87 in 3Q 2023)

Noble Development Public Company Limited (SET:NOBLE) acquired the remaining 50% stake in Ratchada Alliance Co., Ltd. from Thanulux Public Company Limited (SET:TNL) for THB 53.6 million.

Second quarter 2024 earnings released: EPS: ฿0.38 (vs ฿0.39 in 2Q 2023)

Investor sentiment deteriorates as stock falls 19%

I.C.C. International Public Company Limited (SET:ICC), Bsc So In Company Limited, I.D.F. Company Limited and Saha Pathana Inter-Holding Public Company Limited (SET:SPI) completed the acquisition of TNLX Company Limited from Thanulux Public Company Limited (SET:TNL).

I.C.C. International Public Company Limited (SET:ICC), Bsc So In Company Limited, I.D.F. Company Limited and Saha Pathana Inter-Holding Public Company Limited (SET:SPI) completed the acquisition of TNLX Company Limited from Thanulux Public Company Limited (SET:TNL).

Recent updates

Third quarter 2024 earnings released: EPS: ฿0.23 (vs ฿0.87 in 3Q 2023)

Noble Development Public Company Limited (SET:NOBLE) acquired the remaining 50% stake in Ratchada Alliance Co., Ltd. from Thanulux Public Company Limited (SET:TNL) for THB 53.6 million.

Second quarter 2024 earnings released: EPS: ฿0.38 (vs ฿0.39 in 2Q 2023)

Investor sentiment deteriorates as stock falls 19%

I.C.C. International Public Company Limited (SET:ICC), Bsc So In Company Limited, I.D.F. Company Limited and Saha Pathana Inter-Holding Public Company Limited (SET:SPI) completed the acquisition of TNLX Company Limited from Thanulux Public Company Limited (SET:TNL).

I.C.C. International Public Company Limited (SET:ICC), Bsc So In Company Limited, I.D.F. Company Limited and Saha Pathana Inter-Holding Public Company Limited (SET:SPI) completed the acquisition of TNLX Company Limited from Thanulux Public Company Limited (SET:TNL).

Thanulux Public Company Limited Announces Board Changes

Thanulux Public Company Limited Announces Committee Changes

First quarter 2024 earnings released: EPS: ฿0.40 (vs ฿0.46 in 1Q 2023)

Upcoming dividend of ฿0.30 per share

Dividend increased to ฿0.30

Thanulux Public Company Limited Proposes Dividend for the Year 2023, Payable on May 20, 2024

Full year 2023 earnings released: EPS: ฿1.76 (vs ฿0.87 in FY 2022)

New major risk - Earnings quality

Third quarter 2023 earnings released: EPS: ฿0.87 (vs ฿0.30 in 3Q 2022)

Second quarter 2023 earnings released: EPS: ฿0.39 (vs ฿0.18 in 2Q 2022)

Thanulux Public Company Limited Announces Management Changes

Investor sentiment improves as stock rises 25%

Thanulux Public Company Limited Appoints Miss Rude Tarudeeyataworn as Chief Accountant

Upcoming dividend of ฿0.20 per share at 0.6% yield

Thanulux Public Company Limited Announces Management Changes

Thanulux Public Company Limited Announces Executive Changes

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ฿0.30 (vs ฿0.09 in 3Q 2021)

Thanulux Public Company Limited (SET:TNL) agreed to acquire 50% stake in Phraram 9 Alliance Company Limited from U City Public Company Limited (SET:U) for THB 6.75 million.

Investor sentiment improved over the past week

Thanulux Public Company Limited Announces Executive Changes

Thanulux Public Company Limited Announces Resignation of Nipon Poapongsakorn as Director and Audit Committee Member

Investor sentiment improved over the past week

Upcoming dividend of ฿0.50 per share

Less than half of directors are independent

Thanulux Public Company Limited, Annual General Meeting, Apr 26, 2022

Thanulux Public Company Limited Proposes Dividend for the Year 2021, Payable on May 25, 2022

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

Third quarter 2021 earnings released: EPS ฿0.09 (vs ฿0.17 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.20 (vs ฿0.17 in 2Q 2020)

Less than half of directors are independent

Independent Director has left the company

First quarter 2021 earnings released: EPS ฿0.15 (vs ฿0.14 in 1Q 2020)

Upcoming dividend of ฿0.07 per share

Thanulux Public Company Limited, Annual General Meeting, Apr 27, 2021

Thanulux Public Company Limited Announces Director Changes

Third quarter 2020 earnings released: ฿0.17 loss per share

New 90-day high - ฿21.10

Shareholder Returns

Price Volatility

About the Company

Thanulux Public Company Limited Fundamentals Summary

29.2x

4.1x

Earnings & Revenue

Dividends

0.9%

25%