PRM-F Stock Overview

Provides marine transportation of petroleum and chemical products in Thailand, Singapore, and internationally. More details

PRM-F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 38.3% below our estimate of its fair value

Earnings are forecast to grow 3.3% per year

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Prima Marine Public Company Limited Competitors

Siamgas and Petrochemicals

SET:SGP

฿12.9b

WP Energy

SET:WP

฿1.8b

Sea Oil

SET:SEAOIL

฿1.9b

V.L. Enterprise

SET:VL

฿1.3b

Price History & Performance

Summary of share price highs, lows and changes for Prima Marine
Historical stock prices
Current Share Price	฿7.65
52 Week High	฿7.65
52 Week Low	฿7.65
Beta	0.86
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-29.17%

Recent updates

Shareholder Returns

	PRM-F	TH Oil and Gas	TH Market
7D	0%	2.4%	2.7%
1Y	n/a	-16.7%	-1.6%

Return vs Industry: Insufficient data to determine how PRM-F performed against the TH Oil and Gas industry.

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

Price Volatility

Is PRM-F's price volatile compared to industry and market?
PRM-F volatility
PRM-F Average Weekly Movement	n/a
Oil and Gas Industry Average Movement	3.7%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.7%
10% least volatile stocks in TH Market	2.1%

Stable Share Price: PRM-F has not had significant price volatility in the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
1987	n/a	Prompong Chaisrisawatsuk	www.primamarine.co.th

Prima Marine Public Company Limited provides marine transportation of petroleum and chemical products in Thailand, Singapore, and internationally. The company transports and stores crude oil, petroleum products, semi-petroleum products, and liquefied petroleum gas. It also offers transport and floating storage unit services; and oil tankers for supporting offshore exploration and petroleum production.

Prima Marine Public Company Limited Fundamentals Summary

How do Prima Marine's earnings and revenue compare to its market cap?
PRM-F fundamental statistics
Market cap	฿19.32b
Earnings (TTM)	฿2.11b
Revenue (TTM)	฿8.12b

9.2x

P/E Ratio

2.4x

P/S Ratio

Is PRM-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRM-F income statement (TTM)
Revenue	฿8.12b
Cost of Revenue	฿5.32b
Gross Profit	฿2.80b
Other Expenses	฿691.84m
Earnings	฿2.11b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.91
Gross Margin	34.51%
Net Profit Margin	25.98%
Debt/Equity Ratio	36.1%

How did PRM-F perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

42%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/06/25 17:50
End of Day Share Price	2024/03/28 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

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

Prima Marine Public Company Limited is covered by 5 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
Kaseedit Choonnawat	Citigroup Inc
Jitra Amornthum	FSS International Advisory
Siam Tiyanont	Phillip Securities (Thailand) PCL