PP PRIME (SET:PPPM) - Stock Price, News & Analysis

PPPM Stock Overview

Manufactures and distributes feeds for aquatic animals and pets feed in Thailand and Japan. More details

PPPM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Earnings have grown 37.1% per year over the past 5 years

Risk Analysis

Has less than 1 year of cash runway

Highly volatile share price over the past 3 months compared to the TH market

Shareholders have been diluted in the past year

Does not have a meaningful market cap (THB547M)

PP PRIME Public Company Limited Competitors

Vichitbhan Palmoil

SET:VPO

฿639.2m

Agripure Holdings

SET:APURE

฿4.0b

PRG Corporation

SET:PRG

฿6.5b

Pluk Phak Praw Rak Mae

SET:OKJ

฿9.4b

Price History & Performance

Summary of all time highs, changes and price drops for PP PRIME
Historical stock prices
Current Share Price	฿0.74
52 Week High	฿1.40
52 Week Low	฿0.19
Beta	0.85
11 Month Change	-27.45%
3 Month Change	236.36%
1 Year Change	-26.00%
33 Year Change	-95.26%
5 Year Change	-94.56%
Change since IPO	-98.97%

Recent updates

Shareholder Returns

	PPPM	TH Food	TH Market
7D	-5.1%	-0.3%	1.1%
1Y	-26.0%	0.9%	2.2%

Return vs Industry: PPPM underperformed the TH Food industry which returned 0.9% over the past year.

Return vs Market: PPPM underperformed the TH Market which returned 2.2% over the past year.

Price Volatility

Is PPPM's price volatile compared to industry and market?
PPPM volatility
PPPM Average Weekly Movement	23.5%
Food Industry Average Movement	4.0%
Market Average Movement	4.7%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.4%

Stable Share Price: PPPM's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: PPPM's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

Founded	Employees	CEO	Website
1987	n/a	Romsai Tandakoseya	www.ppprime.co.th

PP PRIME Public Company Limited manufactures and distributes feeds for aquatic animals and pets feed in Thailand and Japan. It operates through Aquatic Animal Feed, Pet Food, and Electricity Generation and Distribution segments. The company offers black tiger and other shrimp feed products; fish feed products; and dog, cat, and other pet food products.

PP PRIME Public Company Limited Fundamentals Summary

How do PP PRIME's earnings and revenue compare to its market cap?
PPPM fundamental statistics
Market cap	฿547.12m
Earnings (TTM)	-฿207.15m
Revenue (TTM)	฿861.43m

0.7x

P/S Ratio

-2.8x

P/E Ratio

Is PPPM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PPPM income statement (TTM)
Revenue	฿861.43m
Cost of Revenue	฿832.15m
Gross Profit	฿29.27m
Other Expenses	฿236.43m
Earnings	-฿207.15m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.27
Gross Margin	3.40%
Net Profit Margin	-24.05%
Debt/Equity Ratio	23.4%

How did PPPM perform over the long term?

See historical performance and comparison

PPPM Stock Overview

Rewards

Risk Analysis

PP PRIME Public Company Limited Competitors

SET:VPO

฿639.2m

SET:APURE

฿4.0b

SET:PRG

฿6.5b

SET:OKJ

฿9.4b

Price History & Performance

Recent News & Updates

New major risk - Financial position

PP PRIME Public Company Limited Announces Chief Financial Officer Changes

Second quarter 2024 earnings released: ฿0.077 loss per share (vs ฿0.082 loss in 2Q 2023)

Less than half of directors are independent

PP PRIME Public Company Limited Announces Board and Committee Changes, Effective August 1, 2024

First quarter 2024 earnings released: EPS: ฿0.008 (vs ฿0.17 loss in 1Q 2023)

Recent updates

New major risk - Financial position

PP PRIME Public Company Limited Announces Chief Financial Officer Changes

Second quarter 2024 earnings released: ฿0.077 loss per share (vs ฿0.082 loss in 2Q 2023)

Less than half of directors are independent

PP PRIME Public Company Limited Announces Board and Committee Changes, Effective August 1, 2024

First quarter 2024 earnings released: EPS: ฿0.008 (vs ฿0.17 loss in 1Q 2023)

PP PRIME Public Company Limited Announces Board and Committee Changes

PP PRIME Public Company Limited, Annual General Meeting, Apr 29, 2024

Full year 2023 earnings released: ฿0.022 loss per share (vs ฿0.075 loss in FY 2022)

PP PRIME Public Company Limited announced that it expects to receive THB 40 million in funding from Advance Capital Partners Asset Management Private Limited, ZICO Asset Management Pte. Ltd.

PP Prime Public Company Limited Appoints Lt. Gen. Krisana Waropas as Vice Chairman of the Board of Directors

Third quarter 2023 earnings released: ฿0.002 loss per share (vs ฿0.028 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.004 loss per share (vs ฿0.02 loss in 2Q 2022)

PP PRIME Public Company Limited Announces Resignation of Phatcharada Jutaprateep as Company Secretary

First quarter 2023 earnings released: ฿0.009 loss per share (vs ฿0.033 loss in 1Q 2022)

Third quarter 2022 earnings released: ฿0.028 loss per share (vs ฿0.003 profit in 3Q 2021)

High number of new directors

PP PRIME Public Company Limited announced that it expects to receive THB 20 million in funding from Advance Capital Partners Asset Management Private Limited, ZICO Asset Management Pte. Ltd.

Kannawaen acquired Two Power plant projects in Japan from PP PRIME Public Company Limited (SET:PPPM).

Second quarter 2022 earnings released: ฿0.02 loss per share (vs ฿0.036 loss in 2Q 2021)

First quarter 2022 earnings released: ฿0.033 loss per share (vs ฿0.11 loss in 1Q 2021)

High number of new and inexperienced directors

PP PRIME Public Company Limited, Annual General Meeting, Apr 29, 2022

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

High number of new and inexperienced directors

High number of new directors

Third quarter 2021 earnings released: EPS ฿0.01 (vs ฿0.011 loss in 3Q 2020)

Second quarter 2021 earnings released: ฿0.04 loss per share (vs ฿0.068 loss in 2Q 2020)

PP PRIME Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 143.504996 million.

First quarter 2021 earnings released: ฿0.11 loss per share (vs ฿0.009 loss in 1Q 2020)

PP PRIME Public Company Limited, Annual General Meeting, Apr 30, 2021

Full year 2020 earnings released

New 90-day high: ฿0.42

PP PRIME Public Company Limited Announces Board Resignations

Chief Administrative Office, Chief Strategic Officer & Director has left the company

Chief Compliance Officer, Corporate Secretary & Director has left the company

Third quarter 2020 earnings released: ฿0.011 loss per share

PP PRIME Public Company Limited Replaces Phatranit Sinka with Suthawut Navikapan as Supervisor of Accounting, with Effect from October 1, 2020

New 90-day high: ฿0.41

New 90-day low - ฿0.34

First half earnings released

PP PRIME Public Company Limited Appoints M.L. Phanpiengduen Sungkahapong as the Chief Executive Officer, effective August 1, 2020

PP Prime Public Company Limited Announces Resignation of Waroon Attakorn as Chief Executive Officer, Effective 31 July 2020