How does AJ-R's PS Ratio compare to its peers?

AJ-R is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.7x).

How does AJ-R's PS Ratio compare vs other companies in the TH Packaging Industry?

AJ-R is good value based on its Price-To-Sales Ratio (0.2x) compared to the TH Packaging industry average (0.6x).

What is AJ-R'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.

AJ-R is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.3x).

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

AJ-R (THB2.38) is trading above our estimate of [[fair value]] (THB0.11)

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.

A.J. Plast (SET:AJ-R) - Stock Price, News & Analysis

AJ-R Stock Overview

Engages in the manufacture, sale, and export of plastic films and scrap products in Thailand and internationally. More details

AJ-R fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Rewards

Earnings are forecast to grow 147.3% per year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (THB1B)

Volatile share price over the past 3 months compared to the TH market

My Notes

Capture your thoughts, links and company narrative

A.J. Plast Public Company Limited Competitors

TPBI

SET:TPBI

฿1.6b

Panjawattana Plastic

SET:PJW

฿1.3b

Sahathai Printing & Packaging

SET:STP

฿1.1b

Thai O.P.P

SET:TOPP

฿906.0m

Price History & Performance

Summary of share price highs, lows and changes for A.J. Plast
Historical stock prices
Current Share Price	฿2.38
52 Week High	฿7.15
52 Week Low	฿2.26
Beta	0.89
1 Month Change	-22.22%
3 Month Change	-52.21%
1 Year Change	-63.94%
3 Year Change	-87.27%
5 Year Change	-76.08%
Change since IPO	240.00%

Recent updates

Shareholder Returns

	AJ-R	TH Packaging	TH Market
7D	-3.3%	-1.6%	-1.3%
1Y	-63.9%	-40.3%	-8.5%

Return vs Industry: AJ-R underperformed the TH Packaging industry which returned -39.5% over the past year.

Return vs Market: AJ-R underperformed the TH Market which returned -9.3% over the past year.

Price Volatility

Is AJ-R's price volatile compared to industry and market?
AJ-R volatility
AJ-R Average Weekly Movement	6.6%
Packaging Industry Average Movement	3.4%
Market Average Movement	4.7%
10% most volatile stocks in TH Market	9.5%
10% least volatile stocks in TH Market	2.1%

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

Volatility Over Time: AJ-R's weekly volatility (7%) 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	Narong Suthisamphat	www.ajplast.co.th

A.J. Plast Public Company Limited engages in the manufacture, sale, and export of plastic films and scrap products in Thailand and internationally. The company offers biaxially oriented polypropylene (BOPP), biaxially oriented polyester (BOPET), biaxially oriented polyamide (BOPA), biaxially oriented poly lactic acid (BOPLA), and cast polypropylene (CPP) films, as well as metallized BOPP, BOPET, BOPA, BOPLA, and CPP films under the Krystamet brand name. It also provides earth care solutions under BioPA and BOPPlus brands, transparent ultra-high barrier films under the Krystalox brand name, and transparent high barrier films under the Krystalent brand name.

A.J. Plast Public Company Limited Fundamentals Summary

How do A.J. Plast's earnings and revenue compare to its market cap?
AJ-R fundamental statistics
Market cap	฿1.42b
Earnings (TTM)	-฿259.81m
Revenue (TTM)	฿7.76b

0.2x

P/S Ratio

-5.5x

P/E Ratio

Is AJ-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AJ-R income statement (TTM)
Revenue	฿7.76b
Cost of Revenue	฿7.33b
Gross Profit	฿435.07m
Other Expenses	฿694.88m
Earnings	-฿259.81m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.44
Gross Margin	5.61%
Net Profit Margin	-3.35%
Debt/Equity Ratio	135.4%

How did AJ-R perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/11 15:19
End of Day Share Price	2025/02/11 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.

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 Github.

Analyst Sources

A.J. Plast Public Company Limited is covered by 4 analysts. 1 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
Pongrat Ratanatavanananda	Bualuang Securities PCL
Chanpen Sirithanarattanakul	DBS Vickers Research
Pornsawat Jirajarus	KT Zmico Research