2S-R Stock Overview

Engages in the manufacture of steel pipes, steel plates, light lip channel, and steel wire mesh in Thailand, Lao People's Democratic Republic, and internationally. More details

2S-R fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	2/6

Risk Analysis

Earnings have declined by 22.8% per year over past 5 years

Dividend of 7.04% is not well covered by earnings or free cash flows

Does not have a meaningful market cap (THB1B)

Large one-off items impacting financial results

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

2S Metal Public Company Limited Competitors

Lohakit Metal

SET:LHK

฿1.4b

Siam Steel Service Center

SET:SSSC

฿1.3b

Asia Metal

SET:AMC

฿917.0m

Capital Engineering Network

SET:CEN

฿1.5b

Price History & Performance

Summary of share price highs, lows and changes for 2S Metal
Historical stock prices
Current Share Price	฿2.70
52 Week High	฿3.22
52 Week Low	฿2.60
Beta	0.60
1 Month Change	-2.17%
3 Month Change	-11.76%
1 Year Change	-13.46%
3 Year Change	-46.00%
5 Year Change	70.98%
Change since IPO	159.61%

Recent updates

Shareholder Returns

	2S-R	TH Metals and Mining	TH Market
7D	-2.9%	-0.5%	-1.2%
1Y	-13.5%	-28.6%	-3.6%

Return vs Industry: 2S-R exceeded the TH Metals and Mining industry which returned -28.6% over the past year.

Return vs Market: 2S-R underperformed the TH Market which returned -3.6% over the past year.

Price Volatility

Is 2S-R's price volatile compared to industry and market?
2S-R volatility
2S-R Average Weekly Movement	2.6%
Metals and Mining Industry Average Movement	4.1%
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: 2S-R has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: 2S-R's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1992	n/a	Sombat Leeswadtrakul	www.ss.co.th

2S Metal Public Company Limited, together with its subsidiaries, engages in the manufacture of steel pipes, steel plates, light lip channel, and steel wire mesh in Thailand, Lao People's Democratic Republic, and internationally. It operates in two segments, Production and Trading. The company offers galvanized steel pipes, round steel/ deformed bars, H-beams, I-beams, expanded metal, channel steel, barbered wire, checkered plates, steel square bars, steel round bars, cut and bend rebars, galvanized steel battens, annealing wires, and chain link and crimped wire meshes, as well as flat bars, and C-line products.

2S Metal Public Company Limited Fundamentals Summary

How do 2S Metal's earnings and revenue compare to its market cap?
2S-R fundamental statistics
Market cap	฿1.48b
Earnings (TTM)	฿31.41m
Revenue (TTM)	฿7.35b

47.3x

P/E Ratio

0.2x

P/S Ratio

Is 2S-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2S-R income statement (TTM)
Revenue	฿7.35b
Cost of Revenue	฿7.03b
Gross Profit	฿324.20m
Other Expenses	฿292.79m
Earnings	฿31.41m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.057
Gross Margin	4.41%
Net Profit Margin	0.43%
Debt/Equity Ratio	0%

How did 2S-R perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

333%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/04 05:54
End of Day Share Price	2025/01/03 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

2S Metal Public Company Limited is covered by 0 analysts. 0 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