MBAX-R Stock Overview

Engages in the manufacture and distribution of polymer bags in Thailand, North America, Australia, Europe, rest of Asia, and internationally. More details

MBAX-R fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	1/6
Financial Health	1/6
Dividends	0/6

Rewards

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Earnings have declined by 28.2% per year over past 5 years

Large one-off items impacting financial results

Does not have a meaningful market cap (THB358M)

My Notes

Capture your thoughts, links and company narrative

Multibax Public Company Limited Competitors

Union Plastic

SET:UP

฿417.5m

Salee Industry

SET:SALEE

฿562.6m

Eason & Co

SET:EASON

฿612.1m

Golden Lime

SET:SUTHA

฿1.1b

Price History & Performance

Summary of share price highs, lows and changes for Multibax
Historical stock prices
Current Share Price	฿1.80
52 Week High	฿3.52
52 Week Low	฿1.72
Beta	0.41
1 Month Change	-9.09%
3 Month Change	-39.19%
1 Year Change	-48.57%
3 Year Change	-66.97%
5 Year Change	-39.19%
Change since IPO	-59.09%

Recent updates

Shareholder Returns

	MBAX-R	TH Chemicals	TH Market
7D	0.6%	-7.9%	-1.2%
1Y	-48.6%	-26.4%	-3.9%

Return vs Industry: MBAX-R underperformed the TH Chemicals industry which returned -26.7% over the past year.

Return vs Market: MBAX-R underperformed the TH Market which returned -3.8% over the past year.

Price Volatility

Is MBAX-R's price volatile compared to industry and market?
MBAX-R volatility
MBAX-R Average Weekly Movement	5.4%
Chemicals Industry Average Movement	5.2%
Market Average Movement	4.4%
10% most volatile stocks in TH Market	8.9%
10% least volatile stocks in TH Market	2.1%

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

Volatility Over Time: MBAX-R's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1995	n/a	Surachai Atsawakaewmongkhon	www.multibax.com

Multibax Public Company Limited engages in the manufacture and distribution of polymer bags in Thailand, North America, Australia, Europe, rest of Asia, and internationally. It produces food packaging bags as well as various multi-purpose bags, garbage bags, bioplastic bags, and environment friendly plastic bags. The company was incorporated in 1995 and is headquartered in Chonburi, Thailand.

Multibax Public Company Limited Fundamentals Summary

How do Multibax's earnings and revenue compare to its market cap?
MBAX-R fundamental statistics
Market cap	฿357.80m
Earnings (TTM)	฿11.11m
Revenue (TTM)	฿1.31b

32.2x

P/E Ratio

0.3x

P/S Ratio

Is MBAX-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MBAX-R income statement (TTM)
Revenue	฿1.31b
Cost of Revenue	฿1.19b
Gross Profit	฿114.12m
Other Expenses	฿103.01m
Earnings	฿11.11m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.056
Gross Margin	8.72%
Net Profit Margin	0.85%
Debt/Equity Ratio	127.5%

How did MBAX-R perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/10 04:25
End of Day Share Price	2025/01/10 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

Multibax Public Company Limited is covered by 2 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
Natapon Khamthakrue	Finansia Syrus Securities Public Company Limited
Tawatchai Asawapornchai	Globlex Securities Co. Ltd.