How does TM's PS Ratio compare to its peers?

TM is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (1.3x).

How does TM's PS Ratio compare vs other companies in the TH Healthcare Industry?

TM is good value based on its Price-To-Sales Ratio (0.5x) compared to the TH Healthcare industry average (2.1x).

What is TM's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate TM's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of TM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

TM (THB1.21) is trading above our estimate of [[fair value]] (THB0.48)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Techno Medical (SET:TM) - Stock Price, News & Analysis

TM Stock Overview

Trades in medical supplies, tools, and equipment in Thailand. More details

TM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	1/6

Risk Analysis

Earnings have declined by 48.4% per year over past 5 years

Dividend of 2.73% is not well covered by earnings or free cash flows

Debt is not well covered by operating cash flow

Does not have a meaningful market cap (THB373M)

Techno Medical Public Company Limited Competitors

Winnergy Medical

SET:WINMED

฿788.0m

SEI Medical

SET:SEI

฿795.6m

Bioscience Animal Health

SET:BIS

฿1.1b

SaintMed

SET:SMD

฿1.2b

Price History & Performance

Summary of all time highs, changes and price drops for Techno Medical
Historical stock prices
Current Share Price	฿1.21
52 Week High	฿2.06
52 Week Low	฿1.15
Beta	0.44
11 Month Change	-11.03%
3 Month Change	-14.79%
1 Year Change	-38.58%
33 Year Change	-63.33%
5 Year Change	-51.60%
Change since IPO	-71.56%

Recent updates

Shareholder Returns

	TM	TH Healthcare	TH Market
7D	0%	-1.2%	-0.3%
1Y	-38.6%	-9.6%	2.0%

Return vs Industry: TM underperformed the TH Healthcare industry which returned -9.6% over the past year.

Return vs Market: TM underperformed the TH Market which returned 2% over the past year.

Price Volatility

Is TM's price volatile compared to industry and market?
TM volatility
TM Average Weekly Movement	5.8%
Healthcare Industry Average Movement	4.4%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.5%

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

Volatility Over Time: TM's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2002	n/a	Soonthree Chanlongbutra	www.technomedical.co.th

Techno Medical Public Company Limited, together with its subsidiaries, trades in medical supplies, tools, and equipment in Thailand. The company operates through three segments: Sales of Disposable Equipment and Supplies; Sales of Medical Equipment and Instrument; and Services Relating to Nursing Care. It operates nursing-care school and hospital.

Techno Medical Public Company Limited Fundamentals Summary

How do Techno Medical's earnings and revenue compare to its market cap?
TM fundamental statistics
Market cap	฿372.68m
Earnings (TTM)	-฿22.85m
Revenue (TTM)	฿710.55m

0.5x

P/S Ratio

-16.3x

P/E Ratio

Is TM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TM income statement (TTM)
Revenue	฿710.55m
Cost of Revenue	฿482.40m
Gross Profit	฿228.15m
Other Expenses	฿251.00m
Earnings	-฿22.85m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.074
Gross Margin	32.11%
Net Profit Margin	-3.22%
Debt/Equity Ratio	92.2%

How did TM perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

-44%

Payout Ratio

TM Stock Overview

Risk Analysis

Techno Medical Public Company Limited Competitors

SET:WINMED

฿788.0m

SET:SEI

฿795.6m

SET:BIS

฿1.1b

SET:SMD

฿1.2b

Price History & Performance

Recent News & Updates

New major risk - Dividend sustainability

Second quarter 2024 earnings released: ฿0.023 loss per share (vs ฿0.002 profit in 2Q 2023)

First quarter 2024 earnings released: ฿0.019 loss per share (vs ฿0.016 profit in 1Q 2023)

Techno Medical Public Company Limited Approves Cash Dividend for the Year Ended December 31, 2023, Payable on May 15, 2024

Upcoming dividend of ฿0.033 per share

Dividend reduced to ฿0.033

Recent updates

New major risk - Dividend sustainability

Second quarter 2024 earnings released: ฿0.023 loss per share (vs ฿0.002 profit in 2Q 2023)

First quarter 2024 earnings released: ฿0.019 loss per share (vs ฿0.016 profit in 1Q 2023)

Techno Medical Public Company Limited Approves Cash Dividend for the Year Ended December 31, 2023, Payable on May 15, 2024

Upcoming dividend of ฿0.033 per share

Dividend reduced to ฿0.033

Techno Medical Public Company Limited Announces Cash Dividend for 2023, Payable on May 15, 2024

Full year 2023 earnings released: ฿0.015 loss per share (vs ฿0.042 profit in FY 2022)

Techno Medical Public Company Limited, Annual General Meeting, Apr 19, 2024

Third quarter 2023 earnings released: ฿0.025 loss per share (vs ฿0.005 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: ฿0.002 (vs ฿0.013 in 2Q 2022)

First quarter 2023 earnings released: EPS: ฿0.016 (vs ฿0.019 in 1Q 2022)

Upcoming dividend of ฿0.05 per share at 2.0% yield

Full year 2022 earnings released: EPS: ฿0.042 (vs ฿0.097 in FY 2021)

Third quarter 2022 earnings released: ฿0.005 loss per share (vs ฿0.078 profit in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: ฿0.013 (vs ฿0.003 loss in 2Q 2021)

First quarter 2022 earnings released: EPS: ฿0.019 (vs ฿0.002 in 1Q 2021)

Less than half of directors are independent

Techno Medical Public Company Limited Approves Cash Dividend for the Year Ended December 31, 2021, Payable on May 17, 2022

Upcoming dividend of ฿0.085 per share

Techno Medical Public Company Limited Proposes Cash Dividend Payment for the Year 2021, Payable on April 26, 2022

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

Third quarter 2021 earnings released: EPS ฿0.078 (vs ฿0.039 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: ฿0.003 loss per share (vs ฿0.019 profit in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS ฿0.001 (vs ฿0.041 in 1Q 2020)

Upcoming dividend of ฿0.10 per share

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS ฿0.13 (vs ฿0.20 in FY 2019)

New 90-day high: ฿2.46

New 90-day high: ฿2.42

New 90-day low: ฿2.24

New 90-day low - ฿2.28

Earnings released

Shareholder Returns

Price Volatility

About the Company

Techno Medical Public Company Limited Fundamentals Summary

0.5x

-16.3x

Earnings & Revenue

Dividends

2.7%

-44%