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

STPI-R is expensive based on its Price-To-Sales Ratio (1.7x) compared to the peer average (0.3x).

How does STPI-R's PS Ratio compare vs other companies in the TH Metals and Mining Industry?

STPI-R is expensive based on its Price-To-Sales Ratio (1.7x) compared to the TH Metals and Mining industry average (0.3x).

What is STPI-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.

Insufficient data to calculate STPI-R's Price-To-Sales Fair Ratio for valuation analysis.

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

STPI-R (THB2.94) is trading above our estimate of [[fair value]] (THB2.33)

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.

STPI-R Stock Overview

Engages in the fabrication of steel works, and manufacture and sale of boilers and pressure vessels in Thailand, Japan, Spain, and internationally. More details

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

Risk Analysis

Earnings have declined by 26.6% per year over past 5 years

Shareholders have been diluted in the past year

Profit margins (0.6%) are lower than last year (3.5%)

Large one-off items impacting financial results

My Notes

Capture your thoughts, links and company narrative

STP&I Public Company Limited Competitors

Tata Steel (Thailand)

SET:TSTH

฿5.6b

M.C.S. Steel

SET:MCS

฿3.2b

TMT Steel

SET:TMT

฿2.8b

G J Steel

SET:GJS

฿3.8b

Price History & Performance

Summary of share price highs, lows and changes for STP&I
Historical stock prices
Current Share Price	฿2.94
52 Week High	฿4.38
52 Week Low	฿2.92
Beta	0.98
1 Month Change	-16.00%
3 Month Change	-25.00%
1 Year Change	-8.13%
3 Year Change	-48.87%
5 Year Change	-56.44%
Change since IPO	680.85%

Recent updates

Shareholder Returns

	STPI-R	TH Metals and Mining	TH Market
7D	-12.5%	-5.4%	-4.7%
1Y	-8.1%	-24.5%	-3.4%

Return vs Industry: STPI-R exceeded the TH Metals and Mining industry which returned -24.5% over the past year.

Return vs Market: STPI-R underperformed the TH Market which returned -3.4% over the past year.

Price Volatility

Is STPI-R's price volatile compared to industry and market?
STPI-R volatility
STPI-R Average Weekly Movement	5.1%
Metals and Mining Industry Average Movement	5.0%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.9%
10% least volatile stocks in TH Market	2.1%

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

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

About the Company

Founded	Employees	CEO	Website
1975	n/a	Masthawin Charnvirakul	www.stpi.co.th

STP&I Public Company Limited engages in the fabrication of steel works, and manufacture and sale of boilers and pressure vessels in Thailand, Japan, Spain, and internationally. It offers steel structures for airports, exhibition halls, and high-rise buildings; industrial plants, such as factories, automobile plants, and steel mills; power plants, including boiler structures and turbine buildings, as well as for equipment support structures; petrochemical plants comprising refineries, and gas separation and aromatic plants; and bridges consisting of built-in cable anchor structural decks, main structures, decking for cable stay bridges, flyovers, and pipe bridges jetties. The company provides piping pre-fabrication and erection services for various industrial plants, such as power plants, oil refineries, petrochemical plants, offshore process plants, etc., as well as produces offshore and onshore modules.

STP&I Public Company Limited Fundamentals Summary

How do STP&I's earnings and revenue compare to its market cap?
STPI-R fundamental statistics
Market cap	฿5.33b
Earnings (TTM)	฿19.14m
Revenue (TTM)	฿3.18b

278.3x

P/E Ratio

1.7x

P/S Ratio

Is STPI-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STPI-R income statement (TTM)
Revenue	฿3.18b
Cost of Revenue	฿2.51b
Gross Profit	฿674.55m
Other Expenses	฿655.41m
Earnings	฿19.14m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.011
Gross Margin	21.20%
Net Profit Margin	0.60%
Debt/Equity Ratio	36.0%

How did STPI-R perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 09:04
End of Day Share Price	2024/12/20 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

STP&I Public Company Limited is covered by 6 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
Prasit Rattanakijkamol	Asia Plus Securities Company Limited
Pongrat Ratanatavanananda	Bualuang Securities PCL
Pontip Kangvanpanich Kozak	Kiatnakin Phatra Securities Public Company Limited

STP&I SET:STPI-R Stock Report