Eastern Polymer Group Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Pawat Vitoorapakorn

Chief executive officer

฿1.1m

Total compensation

CEO salary percentage	n/a
CEO tenure	11.3yrs
CEO ownership	5.2%
Management average tenure	5.3yrs
Board average tenure	11.3yrs

Recent management updates

Recent updates

CEO

Pawat Vitoorapakorn (73 yo)

11.3yrs

Tenure

฿1,053,000

Compensation

Dr. Pawat Vitoorapakorn serves as Chief Executive Officer and Vice Chairman at Eastern Polymer Group Public Company Limited since 1978 and serves as Deputy Chief Executive Officer of Insulation Business si...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Pawat Vitoorapakorn	Vice Chairman	no data	฿1.05m	5.19% THB 572.1m
Chalieo Vitoorapakorn	Deputy CEO of Business Development & Investment and Executive Director	no data	฿797.00k	2.41% THB 266.4m
Teerawat Vitoorapakorn	Deputy CEO of Plastic & Packaging Business	no data	฿797.00k	2.18% THB 240.7m
Chumnan Vitoorapakorn	Deputy CEO of Insulation Business	no data	฿947.00k	2.1% THB 231.7m
Ekawat Vitoorapakorn	Deputy CEO of Automotive Parts & Accessories Business	no data	฿962.00k	1.59% THB 174.9m
Tanawat Vitoorapakorn	Deputy CEO of Other Supporting Business & MD of APT	no data	฿180.00k	no data
Chen Shi	Founder & Honorary President	no data	no data	no data
Vacharakris Nopakun	Deputy Chief of Executive Officer in Accounting & Financial	5.3yrs	no data	no data
Jarintr Warintaraporn	Acting Deputy CEO of Human Resource & Administration	9.9yrs	no data	no data
Rungravee Vitoorapakorn	Deputy Chief Executive Officer	4.8yrs	no data	0.53% THB 57.9m
Maliwan Kittiwiriyakarn	Deputy Chief Executive Officer of Information Technology	no data	no data	no data
Prapawadee Ranong	Corporate Secretary	no data	no data	no data

5.3yrs

Average Tenure

62.5yo

Average Age

Experienced Management: EPG's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Pawat Vitoorapakorn	Vice Chairman	11.3yrs	฿1.05m	5.19% THB 572.1m
Chalieo Vitoorapakorn	Deputy CEO of Business Development & Investment and Executive Director	11.3yrs	฿797.00k	2.41% THB 266.4m
Teerawat Vitoorapakorn	Deputy CEO of Plastic & Packaging Business	11.3yrs	฿797.00k	2.18% THB 240.7m
Chumnan Vitoorapakorn	Deputy CEO of Insulation Business	11.3yrs	฿947.00k	2.1% THB 231.7m
Ekawat Vitoorapakorn	Deputy CEO of Automotive Parts & Accessories Business	11.3yrs	฿962.00k	1.59% THB 174.9m
Chen Shi	Founder & Honorary President	no data	no data	no data
Vachara Tuntariyanond	Independent Chairman of the Board	11.3yrs	฿1.29m	0.018% THB 2.0m
Thanachai Santichaikul	Independent Director	11.3yrs	฿887.00k	no data
Chaiwat Atsawintarangkun	Independent Director	11.3yrs	฿1.21m	no data
Sakarindr Bhumiratana	Independent Director	5.3yrs	฿887.00k	no data
Kirida Bhaopichitr	Independent Director	1.4yrs	฿515.25k	no data

11.3yrs

Average Tenure

65yo

Average Age

Experienced Board: EPG's board of directors are seasoned and experienced ( 11.3 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 20:26
End of Day Share Price	2024/12/26 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

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

Eastern Polymer Group Public Company Limited is covered by 13 analysts. 5 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
Therdsak Thaveeteeratham	Asia Plus Securities Company Limited
Suwat Sinsadok	BNP Paribas Securities (Asia)
Suppata Srisuk	Bualuang Securities PCL

Eastern Polymer Group Management

Management criteria checks 3/4

Key information

Recent management updates

Eastern Polymer Group Public Company Limited, Annual General Meeting, Jul 24, 2024

Eastern Polymer Group Public Company Limited Approves the Appointment of Kirida Bhaopichitr as a Director

Eastern Polymer Group Public Company Limited, Annual General Meeting, Jul 20, 2023

Less than half of directors are independent

Eastern Polymer Group Public Company Limited, Annual General Meeting, Jul 21, 2022

Less than half of directors are independent

Recent updates

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 17%

Price target decreased by 7.4% to ฿6.11

New minor risk - Profit margin trend

Dividend reduced to ฿0.06

Now 21% undervalued

Investor sentiment improves as stock rises 19%

Price target decreased by 14% to ฿7.57

First quarter 2025 earnings released: EPS: ฿0.091 (vs ฿0.11 in 1Q 2024)

Now 21% undervalued after recent price drop

Upcoming dividend of ฿0.10 per share

Eastern Polymer Group Public Company Limited Approves Dividend for the Fiscal Year Ended as of 31 March 2024, Payable on August 21, 2024

Price target decreased by 13% to ฿8.75

Final dividend reduced to ฿0.10

Eastern Polymer Group Public Company Limited, Annual General Meeting, Jul 24, 2024

Eastern Polymer Group Public Company Limited Proposes Dividend for the Fiscal Year Ended as of 31 March 2024, Payable on August 21, 2024

Full year 2024 earnings released: EPS: ฿0.42 (vs ฿0.38 in FY 2023)

Third quarter 2024 earnings released: EPS: ฿0.11 (vs ฿0.076 in 3Q 2023)

Upcoming dividend of ฿0.12 per share at 3.5% yield

Second quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.14 in 2Q 2023)

Eastern Polymer Group Public Company Limited Approves Interim Dividend for the Period Ended September 30, 2023, Payable on December 8, 2023

Now 20% undervalued after recent price drop

First quarter 2024 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of ฿0.14 per share at 3.8% yield

Eastern Polymer Group Public Company Limited Approves the Appointment of Kirida Bhaopichitr as a Director

Price target decreased by 7.6% to ฿9.48

Consensus EPS estimates fall by 10%

Eastern Polymer Group Public Company Limited Approve Dividend Payment for the Fiscal Year Ended as of 31 March 2023, Payable on 18 August 2023

Full year 2023 earnings: EPS and revenues miss analyst expectations

Eastern Polymer Group Public Company Limited, Annual General Meeting, Jul 20, 2023

Price target decreased by 9.7% to ฿10.26

Consensus EPS estimates fall by 15%

Price target decreased by 7.8% to ฿11.14

Upcoming dividend of ฿0.11 per share

Price target decreased to ฿12.58

Less than half of directors are independent

Eastern Polymer Group Public Company Limited Approves Interim Dividend for the Period Ended September 30, 2022, Payable on December 8, 2022

Now 22% undervalued after recent price drop

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Upcoming dividend of ฿0.19 per share

Eastern Polymer Group Public Company Limited Approves the Dividend Payment from the Operating Results in Respect of the Fiscal Year Ended 31 March 2022, Payable on 19 August 2022

Eastern Polymer Group Public Company Limited Proposes Dividend Payment for the Fiscal Year Ended 31 March 2022, Payable on 19 August 2022

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Eastern Polymer Group Public Company Limited, Annual General Meeting, Jul 21, 2022

Less than half of directors are independent

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 21% undervalued

Upcoming dividend of ฿0.14 per share

Second quarter 2022 earnings released: EPS ฿0.15 (vs ฿0.11 in 2Q 2021)

Price target increased to ฿14.89

First quarter 2022 earnings released: EPS ฿0.16 (vs ฿0.027 in 1Q 2021)

Price target increased to ฿14.52

Upcoming dividend of ฿0.19 per share

Full year 2021 earnings released: EPS ฿0.43 (vs ฿0.36 in FY 2020)

Price target increased to ฿12.04

Investor sentiment improved over the past week

Analysts increase EPS estimates to ฿0.41

Revenue and earnings beat expectations

New 90-day high: ฿9.30

Third quarter 2021 earnings released: EPS ฿0.15 (vs ฿0.076 in 3Q 2020)

Price target raised to ฿8.48

New 90-day high: ฿8.65

New 90-day high: ฿8.25

Price target raised to ฿7.53

Investor sentiment improved over the past week

New 90-day high: ฿7.10

New 90-day high: ฿6.65

Price target raised to ฿6.40