Bangchak Corporation (SET:BCP) - Stock Price, News & Analysis

BCP Stock Overview

An energy company, engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally. More details

BCP fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	2/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 72.6% below our estimate of its fair value

Earnings are forecast to grow 64.32% per year

Risk Analysis

Has a high level of debt

Dividend of 6.46% is not well covered by earnings

Profit margins (0.1%) are lower than last year (4.3%)

Bangchak Corporation Public Company Limited Competitors

Thai Oil

SET:TOP

฿89.9b

BBGI

SET:BBGI

฿6.7b

Susco

SET:SUSCO

฿3.1b

Asian Insulators

SET:AI

฿2.6b

Price History & Performance

Summary of all time highs, changes and price drops for Bangchak Corporation
Historical stock prices
Current Share Price	฿32.50
52 Week High	฿47.50
52 Week Low	฿28.50
Beta	1.15
11 Month Change	-5.80%
3 Month Change	-8.45%
1 Year Change	-26.97%
33 Year Change	26.21%
5 Year Change	30.00%
Change since IPO	-36.89%

Recent updates

Shareholder Returns

	BCP	TH Oil and Gas	TH Market
7D	6.6%	0.6%	0.8%
1Y	-27.0%	-14.0%	3.1%

Return vs Industry: BCP underperformed the TH Oil and Gas industry which returned -14% over the past year.

Return vs Market: BCP underperformed the TH Market which returned 3.1% over the past year.

Price Volatility

Is BCP's price volatile compared to industry and market?
BCP volatility
BCP Average Weekly Movement	4.9%
Oil and Gas Industry Average Movement	4.1%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.4%

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

Volatility Over Time: BCP's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1984	n/a	Chaiwat Kovavisarach	www.bangchak.co.th

Bangchak Corporation Public Company Limited, an energy company, engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally. It operates through six segments: Refinery and Oil Trading, Marketing, Electricity, Bio-Based Product, Natural Resource, BSRC, and Others. The company explores and produces petroleum products; produces biodiesel, ethanol, and biogas; produces and distributes electricity from solar cells; invests in alternative energy business; manufactures and distributes biofuel products; operates service stations; and mines lithium.

Bangchak Corporation Public Company Limited Fundamentals Summary

How do Bangchak Corporation's earnings and revenue compare to its market cap?
BCP fundamental statistics
Market cap	฿44.75b
Earnings (TTM)	฿689.70m
Revenue (TTM)	฿590.55b

64.9x

P/E Ratio

0.1x

P/S Ratio

Is BCP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BCP income statement (TTM)
Revenue	฿590.55b
Cost of Revenue	฿559.27b
Gross Profit	฿31.28b
Other Expenses	฿30.59b
Earnings	฿689.70m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.50
Gross Margin	5.30%
Net Profit Margin	0.12%
Debt/Equity Ratio	154.8%

How did BCP perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

419%

Payout Ratio

BCP Stock Overview

Rewards

Risk Analysis

Bangchak Corporation Public Company Limited Competitors

SET:TOP

฿89.9b

SET:BBGI

฿6.7b

SET:SUSCO

฿3.1b

SET:AI

฿2.6b

Price History & Performance

Recent News & Updates

Consensus EPS estimates fall by 37%, revenue upgraded

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Bangchak Corporation Public Company Limited Announces Resignation of Phairoj Chotikasatien as Director and Member of Sustainability and Corporate Governance Committee

Bangchak Corporation Public Company Limited Announces Board Resignations

First half dividend increased to ฿0.60

Bangchak Corporation Public Company Limited Announces Interim Cash Dividend, Payable on September 17, 2024

Recent updates

Consensus EPS estimates fall by 37%, revenue upgraded

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Bangchak Corporation Public Company Limited Announces Resignation of Phairoj Chotikasatien as Director and Member of Sustainability and Corporate Governance Committee

Bangchak Corporation Public Company Limited Announces Board Resignations

First half dividend increased to ฿0.60

Bangchak Corporation Public Company Limited Announces Interim Cash Dividend, Payable on September 17, 2024

New minor risk - Earnings quality

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 10%

Bangchak Corporation Public Company Limited Announces Appointment of Director and Acting Chairman of the Board of Directors

Bangchak Corporation Public Company Limited Announces Resignation of Pichai Chunhavajira as Director and Chairperson of the Board

Bangchak Corporation Public Company Limited Announces Board and Committee Changes

Bangchak Corporation Public Company Limited Approves Final Dividend for the Second Half Year 2023, Payable on April 24, 2024

Bangchak Corporation Public Company Limited Notifies to Shutdown from May 7, 2024 to June 2, 2024 for Maintenance of Bangchak Refinery

Upcoming dividend of ฿1.50 per share

Bangchak Corporation Public Company Limited, Annual General Meeting, Apr 11, 2024

Full year 2023 earnings released: EPS: ฿9.27 (vs ฿8.89 in FY 2022)

Consensus EPS estimates increase by 22%

Ratrimani Pasiphol to Assume the Position of Chief Transformation & Synergy Realization Officer of Bangchak Corporation Public Company Limited, effective November 16, 2023

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: ฿7.91 (vs ฿1.73 in 3Q 2022)

Bangchak Corporation Public Company Limited Announces Executive Changes

Consensus EPS estimates increase by 18%

Bangchak Corporation Public Company Limited Announces Mr. Boonchob Suthamanuswong Resigns as Director, and Member of the Sustainability and Corporate Governance Committee

Consensus EPS estimates increase by 15%

Bangchak Corporation Public Company Limited (SET:BCP) completed the acquisition of 65.99% stake in Esso (Thailand) Public Company Limited (SET:ESSO) from ExxonMobil Asia Holding Private Limited.

Upcoming dividend of ฿0.50 per share at 3.8% yield

Bangchak Corporation Public Company Limited Announces Interim Cash Dividend, Payable on 19 September 2023

New minor risk - Financial position

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Bangchak Corporation Public Company Limited Announces Directorate Changes

Bangchak Corporation Public Company Limited Announces Resignation of Songwit Noonpackdee as Director, Effective from June 23, 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of ฿1.00 per share at 6.7% yield

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Bangchak Corporation Public Company Limited Appoints Chanvit Nakburee as a Director

Investor sentiment improved over the past week

Bangchak Corporation Public Company Limited (SET:BCP) made an offer to acquire 34.01% stake in Esso (Thailand) Public Company Limited (SET:ESSO).

Bangchak Corporation Public Company Limited Announces Resignation of Kulaya Tantitemit as Director

Consensus revenue estimates increase by 12%

Third quarter 2022 earnings released: EPS: ฿1.73 (vs ฿1.25 in 3Q 2021)

Bangchak Corporation Public Company Limited (SET:BCP) acquired 45.7% stakes in OKEA ASA (OB:OKEA).

Bangchak Corporation Public Company Limited Announces Executive Changes

Upcoming dividend of ฿1.25 per share

Bangchak Corporation Public Company Limited Announces Interim Dividend, Payable on September 13, 2022

Consensus revenue estimates increase by 24%

Second quarter 2022 earnings released: EPS: ฿3.79 (vs ฿1.21 in 2Q 2021)

Consensus EPS estimates increase by 17%

Consensus EPS estimates increase by 13%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

Consensus EPS estimates increase by 12%

Upcoming dividend of ฿1.00 per share

Bangchak Corporation Public Company Limited Proposes Dividend for the Second-Half-Year Operations of 2021, Payable April 22, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Bangchak Corporation Public Company Limited to Report Fiscal Year 2021 Results on Feb 17, 2022

Bangchak Corporation Public Company Limited Announces Director Changes

Third quarter 2021 earnings released: EPS ฿1.25 (vs ฿0.57 loss in 3Q 2020)

Upcoming dividend of ฿1.00 per share