TQM Alpha Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Napassanun Punnipa

Chief executive officer

฿210.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	13.9yrs
CEO ownership	3.2%
Management average tenure	7.9yrs
Board average tenure	6.9yrs

Recent management updates

Recent updates

CEO

Napassanun Punnipa (52 yo)

13.9yrs

Tenure

฿210,000

Compensation

Dr. Napassanun Punnipa serves as Chief Executive Officer at TQM Alpha Public Company Limited (formerly known as TQM Corporation Public Company Limited) and has been its Director since 2011. She has done tr...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Unchalin Punnipa	Chairman of the Board & President	13.9yrs	฿340.00k	3.75% THB 520.0m
Napassanun Punnipa	CEO & Director	no data	฿210.00k	3.16% THB 438.2m
Somporn Ampaisutthipong	CFO & Executive Director	8.9yrs	฿150.00k	0.24% THB 33.3m
Ampon Oniam	COO & Executive Director	7.9yrs	฿150.00k	0.040% THB 5.5m
Ratana Punnipa	Chief Risk Officer & Executive Director	6.9yrs	฿210.00k	no data
Aumaraporn Vaiyavatjamai	Senior Vice President of Accounting	8.9yrs	no data	no data
Uthai Kiattvikrai	Executive Vice President of Information Technology	4.9yrs	no data	no data
Nikom Chankong	Executive VP of Claim & Legal Affairs	no data	no data	no data
Komnate Nateprapai	Executive Vice President of Marketing	no data	no data	no data
Chaiyod Pornpongapisith	Executive Vice President of Operations	no data	no data	no data
Peradech Anantanatarat	Executive Vice President of Executive Office	no data	no data	no data
Surath Pralongsil	Chief Commercial Officer	2.4yrs	no data	no data

7.9yrs

Average Tenure

60yo

Average Age

Experienced Management: TQM's management team is seasoned and experienced (7.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Unchalin Punnipa	Chairman of the Board & President	13.9yrs	฿340.00k	3.75% THB 520.0m
Napassanun Punnipa	CEO & Director	13.9yrs	฿210.00k	3.16% THB 438.2m
Somporn Ampaisutthipong	CFO & Executive Director	7.9yrs	฿150.00k	0.24% THB 33.3m
Ampon Oniam	COO & Executive Director	7.9yrs	฿150.00k	0.040% THB 5.5m
Ratana Punnipa	Chief Risk Officer & Executive Director	6.9yrs	฿210.00k	no data
Marut Simasathien	Independent Director	6.7yrs	฿550.00k	no data
Suvabha Charoenying	Independent Director	6.6yrs	฿260.00k	0.29% THB 40.2m
Thana Thienachariya	Independent Director	4.1yrs	฿230.00k	0.10% THB 13.9m
Chinapat Visuttipat	Independent Director	6.9yrs	฿510.00k	no data
Rutchaneeporn Pookayaporn	Independent Director	6.9yrs	฿460.00k	0.070% THB 9.7m
Nattavudh Pungcharoenpong	Non-Executive Director	2.3yrs	฿250.00k	no data

6.9yrs

Average Tenure

61yo

Average Age

Experienced Board: TQM's board of directors are considered experienced (6.9 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 11:47
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
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

TQM Alpha Public Company Limited is covered by 6 analysts. 4 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
Anakepong Putthapibal	Bualuang Securities PCL
null null	DBS Bank Ltd
Thaninee Satirareungchai	DBS Bank Ltd

TQM Alpha Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

TQM Alpha Public Company Limited Limited Announces Executive Appointments, Effective from July 8, 2022

Insufficient new directors

TQM Corporation Public Company Limited, Annual General Meeting, Apr 28, 2022

TQM Corporation Public Company Limited Appoints Thana Thienachariya as Additional Member of the Audit Committee

TQM Corporation Public Company Limited Announces Change of Position of Suvabha Charoenying from Non-Executive Director to Independent Director

Recent updates

New minor risk - Share price stability

Investor sentiment improves as stock rises 17%

Now 22% overvalued after recent price rise

TQM Alpha Public Company Limited Announces Interim Cash Dividend for the Operating Period from 01 January 2024 to 30 June, 2024, Payable on 10 September, 2024

First half dividend of ฿0.45 announced

Second quarter 2024 earnings released: EPS: ฿0.33 (vs ฿0.33 in 2Q 2023)

TQM Alpha Public Company Limited Approves Dividend for the Year 2023, Payable on 10 May 2024

First quarter 2024 earnings released: EPS: ฿0.38 (vs ฿0.33 in 1Q 2023)

Upcoming dividend of ฿0.50 per share

TQM Alpha Public Company Limited Proposes Dividend for the Year 2023, Payable on 10 May 2024

Full year 2023 earnings released: EPS: ฿1.36 (vs ฿1.35 in FY 2022)

New minor risk - Share price stability

Price target decreased by 9.3% to ฿39.00

Third quarter 2023 earnings released: EPS: ฿0.34 (vs ฿0.34 in 3Q 2022)

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of ฿0.50 per share at 4.3% yield

Second quarter 2023 earnings released: EPS: ฿0.33 (vs ฿0.30 in 2Q 2022)

First quarter 2023 earnings released: EPS: ฿0.32 (vs ฿0.36 in 1Q 2022)

Price target decreased by 11% to ฿45.25

Investor sentiment deteriorates as stock falls 19%

Price target decreased by 11% to ฿45.25

Price target decreased by 7.7% to ฿47.67

Upcoming dividend of ฿0.50 per share at 3.3% yield

Price target decreased to ฿52.67

Insufficient new directors

Upcoming dividend of ฿0.70 per share

TQM Alpha Public Company Limited Approves Interim Dividend for the Period from 1 January 2022 to 30 June 2022, Payable on 9 September 2022

TQM Alpha Public Company Limited (SET:TQM) entered into the sales and purchase agreement to acquire 40% stake Builk One Group Company Limited for approximately THB 247.09 million.

TQM Alpha Public Company Limited Limited Announces Executive Appointments, Effective from July 8, 2022

Price target decreased to ฿61.63

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to ฿67.13

Insufficient new directors

Upcoming dividend of ฿0.50 per share

TQM Corporation Public Company Limited, Annual General Meeting, Apr 28, 2022

Upcoming dividend of ฿0.50 per share

Price target decreased to ฿67.16

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

TQM Corporation Public Company Limited Proposes Dividend for 2021, Payable on May 12, 2022

Now 36% undervalued after recent price drop

Third quarter 2021 earnings released: EPS ฿0.81 (vs ฿0.57 in 3Q 2020)

Upcoming dividend of ฿1.45 per share

Second quarter 2021 earnings released: EPS ฿0.74 (vs ฿0.54 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.67 (vs ฿0.60 in 1Q 2020)

TQM Corporation Public Company Limited Appoints Thana Thienachariya as Additional Member of the Audit Committee

TQM Corporation Public Company Limited (SET:TQM) acquired 99.99% stake in Easy Lending Limited.

Full year 2020 earnings released: EPS ฿2.34 (vs ฿1.69 in FY 2019)

Revenue behind estimates

New 90-day high: ฿136

TQM Corporation Public Company Limited Announces Change of Position of Suvabha Charoenying from Non-Executive Director to Independent Director

Third quarter 2020 earnings released: EPS ฿0.57

Tqm Corporation Public Company Limited Appoints Thana Thienachariya to Be A New Director of the Company

New 90-day low: ฿115

Upcoming Dividend of ฿1.00 Per Share

Earnings released

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources