Bangkok Dusit Medical Services
Market Cap
฿317.8b
Last Updated
2021/03/01 11:32 UTC
Data Sources
Company Financials +
Executive Summary
Bangkok Dusit Medical Services Public Company Limited, together with its subsidiaries, operates hospitals in Thailand and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet second-rate dividend payer.
Similar Companies
Share Price & News
How has Bangkok Dusit Medical Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BDMS is less volatile than 75% of TH stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BDMS's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
2.0%
BDMS
-0.3%
TH Healthcare
-0.2%
TH Market
1 Year Return
-8.5%
BDMS
-2.8%
TH Healthcare
12.7%
TH Market
Return vs Industry: BDMS underperformed the TH Healthcare industry which returned -2.8% over the past year.
Return vs Market: BDMS underperformed the TH Market which returned 12.7% over the past year.
Shareholder returns
| BDMS | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | -0.3% | -0.2% |
| 30 Day | -1.4% | -1.3% | 2.2% |
| 90 Day | -6.4% | -1.6% | 6.7% |
| 1 Year | -7.3%-8.5% | -0.6%-2.8% | 16.2%12.7% |
| 3 Year | -5.0%-9.3% | -11.8%-16.9% | -9.4%-17.7% |
| 5 Year | -1.5%-8.9% | -3.7%-12.0% | 25.3%6.9% |
Long-Term Price Volatility Vs. Market
How volatile is Bangkok Dusit Medical Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Bangkok Dusit Medical Services undervalued compared to its fair value and its price relative to the market?
44.94x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BDMS (฿20.4) is trading above our estimate of fair value (฿12.75)
Significantly Below Fair Value: BDMS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BDMS is poor value based on its PE Ratio (44.9x) compared to the TH Healthcare industry average (34.2x).
PE vs Market: BDMS is poor value based on its PE Ratio (44.9x) compared to the TH market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: BDMS is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: BDMS is overvalued based on its PB Ratio (3.7x) compared to the TH Healthcare industry average (2.9x).
Next Steps
Future Growth
How is Bangkok Dusit Medical Services forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
14.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BDMS's forecast earnings growth (14.9% per year) is above the savings rate (2.2%).
Earnings vs Market: BDMS's earnings (14.9% per year) are forecast to grow slower than the TH market (25.4% per year).
High Growth Earnings: BDMS's earnings are forecast to grow, but not significantly.
Revenue vs Market: BDMS's revenue (9.3% per year) is forecast to grow slower than the TH market (12.7% per year).
High Growth Revenue: BDMS's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BDMS's Return on Equity is forecast to be low in 3 years time (11.9%).
Next Steps
Past Performance
How has Bangkok Dusit Medical Services performed over the past 5 years?
4.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BDMS has a large one-off gain of ฿2.4B impacting its December 31 2020 financial results.
Growing Profit Margin: BDMS's current net profit margins (10.6%) are lower than last year (18.7%).
Past Earnings Growth Analysis
Earnings Trend: BDMS's earnings have grown by 4.8% per year over the past 5 years.
Accelerating Growth: BDMS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BDMS had negative earnings growth (-53.3%) over the past year, making it difficult to compare to the Healthcare industry average (-32.5%).
Return on Equity
High ROE: BDMS's Return on Equity (8.4%) is considered low.
Next Steps
Financial Health
How is Bangkok Dusit Medical Services's financial position?
Financial Position Analysis
Short Term Liabilities: BDMS's short term assets (฿30.0B) exceed its short term liabilities (฿11.2B).
Long Term Liabilities: BDMS's short term assets (฿30.0B) do not cover its long term liabilities (฿33.4B).
Debt to Equity History and Analysis
Debt Level: BDMS's debt to equity ratio (22.7%) is considered satisfactory.
Reducing Debt: BDMS's debt to equity ratio has reduced from 54.3% to 22.7% over the past 5 years.
Debt Coverage: BDMS's debt is well covered by operating cash flow (56.2%).
Interest Coverage: BDMS's interest payments on its debt are well covered by EBIT (9.1x coverage).
Balance Sheet
Next Steps
Dividend
What is Bangkok Dusit Medical Services's current dividend yield, its reliability and sustainability?
2.70%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BDMS's dividend (2.7%) is higher than the bottom 25% of dividend payers in the TH market (2.05%).
High Dividend: BDMS's dividend (2.7%) is low compared to the top 25% of dividend payers in the TH market (5.88%).
Stability and Growth of Payments
Stable Dividend: BDMS's dividend payments have been volatile in the past 10 years.
Growing Dividend: BDMS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (121.2%), BDMS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BDMS's dividends in 3 years are forecast to be covered by earnings (82.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Bangkok Dusit Medical Services has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman | no data | ฿6.96m | 0.76% ฿ 2.4b | |
| President & Director | 7.08yrs | ฿6.89m | 3.47% ฿ 11.0b | |
| Senior EVP | 2.08yrs | ฿250.00k | no data | |
| Chief Administrative Officer & Director | 12.83yrs | ฿6.48m | no data | |
| COO & Director | 1.83yrs | no data | no data | |
| Chief Medical Officer | no data | no data | no data | |
| VP & Company Secretary | no data | no data | no data |
2.1yrs
Average Tenure
64yo
Average Age
Experienced Management: BDMS's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman | no data | ฿6.96m | 0.76% ฿ 2.4b | |
| President & Director | 7.08yrs | ฿6.89m | 3.47% ฿ 11.0b | |
| Senior EVP | 2.08yrs | ฿250.00k | no data | |
| Chief Administrative Officer & Director | 12.83yrs | ฿6.48m | no data | |
| COO & Director | 1.83yrs | no data | no data | |
| Independent Director | 27.08yrs | ฿7.02m | no data | |
| Independent Chairman | no data | ฿8.98m | no data | |
| Director | 8.83yrs | ฿6.71m | no data | |
| Independent Director | 5.33yrs | ฿6.50m | no data | |
| Director | 12.83yrs | ฿7.06m | no data | |
| Director | 4.83yrs | ฿5.93m | 5.06% ฿ 16.1b | |
| Independent Director | 9.83yrs | ฿6.91m | no data |
8.0yrs
Average Tenure
62.5yo
Average Age
Experienced Board: BDMS's board of directors are considered experienced (8 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Bangkok Dusit Medical Services Public Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bangkok Dusit Medical Services Public Company Limited
- Ticker: BDMS
- Exchange: SET
- Founded: 1969
- Industry: Health Care Facilities
- Sector: Healthcare
- Market Cap: ฿317.840b
- Shares outstanding: 15.89b
- Website: https://www.bdms.co.th/
Number of Employees
Location
- Bangkok Dusit Medical Services Public Company Limited
- 2, Soi Soonvijai 7
- New Petchburi Road
- Bangkok
- 10310
- Thailand
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BDMS | SET (The Stock Exchange of Thailand) | Yes | Ordinary Shares | TH | THB | Jan 1992 |
| BDMS-F | THAMSE (Bangkok-Alien Market Stock Exchange) | THB0.1 (ALIEN MARKET) | TH | THB | Jan 1992 | |
| BDUL.F | OTCPK (Pink Sheets LLC) | THB0.1 (ALIEN MARKET) | US | USD | Jan 1992 | |
| 6DM1 | BST (Boerse-Stuttgart) | THB0.1 (ALIEN MARKET) | DE | EUR | Jan 1992 | |
| BDMS-R | SET (The Stock Exchange of Thailand) | THB1(NVDR) | TH | THB | Aug 2001 | |
| BDUU.F | OTCPK (Pink Sheets LLC) | THB1(NVDR) | US | USD | Aug 2001 | |
| BDUU.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Dec 2012 |
Biography
Bangkok Dusit Medical Services Public Company Limited, together with its subsidiaries, operates hospitals in Thailand and internationally. The company owns and manages 6 hospital groups, including Bangkok ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/01 11:32 |
| End of Day Share Price | 2021/03/01 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.