ASK-F Stock Overview

Primarily engages in the provision of hire purchase services for automobiles in Thailand. More details

ASK-F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	4/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 4.5% below our estimate of its fair value

Earnings are forecast to grow 23.6% per year

Earnings grew by 33.3% over the past year

Risk Analysis

High level of non-cash earnings

Shares are highly illiquid

Debt is not well covered by operating cash flow

Dividend of 3.02% is not well covered by cash flows

My Notes

Capture your thoughts, links and company narrative

Asia Sermkij Leasing Public Company Limited Competitors

JMT Network Services

SET:JMT

฿26.4b

Bangkok Commercial Asset Management

SET:BAM

฿19.2b

Saksiam Leasing

SET:SAK

฿9.8b

AEON Thana Sinsap (Thailand)

SET:AEONTS

฿29.6b

Price History & Performance

Summary of share price highs, lows and changes for Asia Sermkij Leasing
Historical stock prices
Current Share Price	฿37.25
52 Week High	฿42.75
52 Week Low	฿37.00
Beta	0.92
1 Month Change	0%
3 Month Change	-12.35%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	322.17%

Recent updates

Shareholder Returns

	ASK-F	TH Consumer Finance	TH Market
7D	0%	-5.6%	-4.7%
1Y	n/a	-14.3%	-3.4%

Return vs Industry: Insufficient data to determine how ASK-F performed against the TH Consumer Finance industry.

Return vs Market: Insufficient data to determine how ASK-F performed against the TH Market.

Price Volatility

Is ASK-F's price volatile compared to industry and market?
ASK-F volatility
ASK-F Average Weekly Movement	n/a
Consumer Finance Industry Average Movement	5.7%
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: ASK-F has not had significant price volatility in the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
1984	n/a	Lai-Wang Tang	www.ask.co.th

Asia Sermkij Leasing Public Company Limited provides auto hire purchase services primarily in Thailand. It operates through five segments: Hire Purchase, Leasing, Loan, Factoring, and Insurance Broker. The company provides automobile hire purchase services for new and used automobiles, including passenger and commercial cars, such as pickup, van, truck and taxi, etc.; auto and machine leasing services for commercial customers; personal loans, sale and hire purchase back, and floor plan financing to hire purchase customers, entrepreneurs, and automotive dealers; and factoring services to commercial customers in various industries.

Asia Sermkij Leasing Public Company Limited Fundamentals Summary

How do Asia Sermkij Leasing's earnings and revenue compare to its market cap?
ASK-F fundamental statistics
Market cap	฿19.93b
Earnings (TTM)	฿1.28b
Revenue (TTM)	฿2.70b

15.6x

P/E Ratio

7.4x

P/S Ratio

Is ASK-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASK-F income statement (TTM)
Revenue	฿2.70b
Cost of Revenue	฿0
Gross Profit	฿2.70b
Other Expenses	฿1.42b
Earnings	฿1.28b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	2.42
Gross Margin	100.00%
Net Profit Margin	47.35%
Debt/Equity Ratio	498.5%

How did ASK-F perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

45%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/08/06 14:30
End of Day Share Price	2022/05/09 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31

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

Asia Sermkij Leasing Public Company Limited is covered by 10 analysts. 3 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
Usanee Liurut	Asia Plus Securities Company Limited
Sunanta Vasapinyokul	Finansia Syrus Securities Public Company Limited
Usanee Liurut	FSS International Advisory