BCP Stock Overview
Bangchak Corporation Public Company Limited, an energy company, engages in the refining and marketing of petroleum products.
Bangchak Corporation Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||฿29.75|
|52 Week High||฿37.00|
|52 Week Low||฿24.00|
|1 Month Change||-19.05%|
|3 Month Change||-4.80%|
|1 Year Change||8.18%|
|3 Year Change||14.42%|
|5 Year Change||-28.74%|
|Change since IPO||-42.23%|
Recent News & Updates
|BCP||TH Oil and Gas||TH Market|
Return vs Industry: BCP exceeded the TH Oil and Gas industry which returned 1% over the past year.
Return vs Market: BCP exceeded the TH Market which returned 0.2% over the past year.
|BCP Average Weekly Movement||3.9%|
|Oil and Gas Industry Average Movement||4.1%|
|Market Average Movement||4.3%|
|10% most volatile stocks in TH Market||9.0%|
|10% least volatile stocks in TH Market||2.2%|
Stable Share Price: BCP is not significantly more volatile than the rest of TH stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BCP's weekly volatility (4%) has been stable over the past year.
About the Company
Bangchak Corporation Public Company Limited, an energy company, engages in the refining and marketing of petroleum products. It operates through Refinery and Oil Trading, Marketing, Electricity, Bio-Based Product, Natural Resource, and Other segments. The company explores and produces petroleum, biodiesel, and ethanol; produces electricity through solar, wind, hydro, and geothermal; mines lithium; and operates service stations.
Bangchak Corporation Fundamentals Summary
|BCP fundamental statistics|
Is BCP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BCP income statement (TTM)|
|Cost of Revenue||฿221.47b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||9.36|
|Net Profit Margin||4.75%|
How did BCP perform over the long term?See historical performance and comparison
8.4%Current Dividend Yield
Is BCP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BCP?
Other financial metrics that can be useful for relative valuation.
|What is BCP's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does BCP's PE Ratio compare to its peers?
|BCP PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
ESSO Esso (Thailand)
SPRC Star Petroleum Refining
TOP Thai Oil
BCP Bangchak Corporation
Price-To-Earnings vs Peers: BCP is good value based on its Price-To-Earnings Ratio (3.2x) compared to the peer average (3.9x).
Price to Earnings Ratio vs Industry
How does BCP's PE Ratio compare vs other companies in the TH Oil and Gas Industry?
Price-To-Earnings vs Industry: BCP is good value based on its Price-To-Earnings Ratio (3.2x) compared to the TH Oil and Gas industry average (10.7x)
Price to Earnings Ratio vs Fair Ratio
What is BCP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||3.2x|
|Fair PE Ratio||4.8x|
Price-To-Earnings vs Fair Ratio: BCP is good value based on its Price-To-Earnings Ratio (3.2x) compared to the estimated Fair Price-To-Earnings Ratio (4.8x).
Share Price vs Fair Value
What is the Fair Price of BCP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BCP (THB29.75) is trading below our estimate of fair value (THB135.01)
Significantly Below Fair Value: BCP is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is Bangchak Corporation forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BCP's earnings are forecast to decline over the next 3 years (-46.9% per year).
Earnings vs Market: BCP's earnings are forecast to decline over the next 3 years (-46.9% per year).
High Growth Earnings: BCP's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BCP's revenue is expected to decline over the next 3 years (-11.4% per year).
High Growth Revenue: BCP's revenue is forecast to decline over the next 3 years (-11.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BCP's Return on Equity is forecast to be low in 3 years time (8.7%).
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How has Bangchak Corporation performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCP has high quality earnings.
Growing Profit Margin: BCP's current net profit margins (4.8%) are higher than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: BCP's earnings have grown by 1% per year over the past 5 years.
Accelerating Growth: BCP's earnings growth over the past year (303.1%) exceeds its 5-year average (1% per year).
Earnings vs Industry: BCP earnings growth over the past year (303.1%) exceeded the Oil and Gas industry 25.3%.
Return on Equity
High ROE: BCP's Return on Equity (19.6%) is considered low.
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How is Bangchak Corporation's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BCP's short term assets (THB111.6B) exceed its short term liabilities (THB56.8B).
Long Term Liabilities: BCP's short term assets (THB111.6B) exceed its long term liabilities (THB92.7B).
Debt to Equity History and Analysis
Debt Level: BCP's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: BCP's debt to equity ratio has increased from 80.3% to 89% over the past 5 years.
Debt Coverage: BCP's debt is well covered by operating cash flow (28.8%).
Interest Coverage: BCP's interest payments on its debt are well covered by EBIT (9.3x coverage).
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What is Bangchak Corporation current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Bangchak Corporation Dividend Yield vs Market|
|Company (Bangchak Corporation)||8.4%|
|Market Bottom 25% (TH)||1.8%|
|Market Top 25% (TH)||5.5%|
|Industry Average (Oil and Gas)||5.6%|
|Analyst forecast in 3 Years (Bangchak Corporation)||8.0%|
Notable Dividend: BCP's dividend (8.4%) is higher than the bottom 25% of dividend payers in the TH market (1.79%).
High Dividend: BCP's dividend (8.4%) is in the top 25% of dividend payers in the TH market (5.5%)
Stability and Growth of Payments
Stable Dividend: BCP's dividend payments have been volatile in the past 10 years.
Growing Dividend: BCP's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24%), BCP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.3%), BCP's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chaiwat Kovavisarach (56 yo)
Mr. Chaiwat Kovavisarach, M.Eng., MBA, B.Eng., serves as Director at BBGI Public Company Limited. Mr. Kovavisarach serves as Group CEO and has been the President and served as Chief Executive Officer of Ba...
Experienced Management: BCP's management team is seasoned and experienced (5.7 years average tenure).
Experienced Board: BCP's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||263,851,464||19.4%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Bangchak Corporation Public Company Limited's employee growth, exchange listings and data sources
- Name: Bangchak Corporation Public Company Limited
- Ticker: BCP
- Exchange: SET
- Founded: 1984
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Implied Market Cap: ฿40.391b
- Shares outstanding: 1.36b
- Website: https://www.bangchak.co.th
- Bangchak Corporation Public Company Limited
- 2098 M Tower Building
- 8th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BCP-F||THAMSE (Bangkok-Alien Market Stock Exchange)||THB1(ALIEN MARKET)||TH||THB||Aug 1994|
|7BP||DB (Deutsche Boerse AG)||THB1(ALIEN MARKET)||DE||EUR||Aug 1994|
|BCP||SET (The Stock Exchange of Thailand)||Yes||Common Shares||TH||THB||Aug 1994|
|BCP-R||SET (The Stock Exchange of Thailand)||NON VTG DEP RCPT REP 1 ORD THB1||TH||THB||Aug 2001|
|7BP1||BST (Boerse-Stuttgart)||NON VTG DEP RCPT REP 1 ORD THB1||DE||EUR||Aug 2001|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/29 00:00|
|End of Day Share Price||2022/09/29 00:00|
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.