SMART-R Stock Overview

Engages in manufacturing and selling autoclaved aerated concrete block products for use in construction in Thailand. More details

SMART-R fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 45.2% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (THB719M)

Unstable dividend track record

Smart Concrete Public Company Limited Competitors

Yong Concrete

SET:YONG

฿612.0m

Siam Technic Concrete

SET:STECH

฿688.8m

Chonburi Concrete Product

SET:CCP

฿553.6m

Stone One

SET:STX

฿380.8m

Price History & Performance

Summary of share price highs, lows and changes for Smart Concrete
Historical stock prices
Current Share Price	฿0.69
52 Week High	฿0.93
52 Week Low	฿0.58
Beta	-0.020
1 Month Change	6.15%
3 Month Change	-16.87%
1 Year Change	-23.33%
3 Year Change	-21.59%
5 Year Change	43.75%
Change since IPO	-72.94%

Recent updates

Shareholder Returns

	SMART-R	TH Basic Materials	TH Market
7D	6.2%	-0.07%	0.6%
1Y	-23.3%	-31.9%	-18.3%

Return vs Industry: SMART-R exceeded the TH Basic Materials industry which returned -31.9% over the past year.

Return vs Market: SMART-R underperformed the TH Market which returned -18.3% over the past year.

Price Volatility

Is SMART-R's price volatile compared to industry and market?
SMART-R volatility
SMART-R Average Weekly Movement	5.8%
Basic Materials Industry Average Movement	5.8%
Market Average Movement	5.8%
10% most volatile stocks in TH Market	10.9%
10% least volatile stocks in TH Market	2.8%

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

Volatility Over Time: SMART-R's weekly volatility (6%) has been stable over the past year.

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

About the Company

Founded	Employees	CEO	Website
2004	n/a	n/a	www.smartblock.co.th

Smart Concrete Public Company Limited engages in manufacturing and selling autoclaved aerated concrete block products for use in construction in Thailand. The company engages in the trading of construction materials and home decoration equipment; renting and warehousing; retail sale of non-alcohol beverages; manufacture of doors and windows; and real estate leasing and management, as well as trades in real estate. The company was incorporated in 2004 and is based in Chonburi, Thailand.

Smart Concrete Public Company Limited Fundamentals Summary

How do Smart Concrete's earnings and revenue compare to its market cap?
SMART-R fundamental statistics
Market cap	฿718.68m
Earnings (TTM)	฿87.02m
Revenue (TTM)	฿581.67m

8.3x

P/E Ratio

1.2x

P/S Ratio

Is SMART-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SMART-R income statement (TTM)
Revenue	฿581.67m
Cost of Revenue	฿365.83m
Gross Profit	฿215.84m
Other Expenses	฿128.82m
Earnings	฿87.02m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.084
Gross Margin	37.11%
Net Profit Margin	14.96%
Debt/Equity Ratio	0%

How did SMART-R perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

58%

Payout Ratio

Does SMART-R pay a reliable dividends?

See SMART-R dividend history and benchmarks

When do you need to buy SMART-R by to receive an upcoming dividend?
Smart Concrete dividend dates
Ex Dividend Date	Apr 28 2025
Dividend Pay Date	May 19 2025
Days until Ex dividend	2 days
Days until Dividend pay date	23 days

Does SMART-R pay a reliable dividends?

See SMART-R dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/25 01:13
End of Day Share Price	2025/04/25 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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

Smart Concrete Public Company Limited is covered by 1 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
Wilasinee Boonmasungsong	Globlex Securities Co. Ltd.