TOA Paint (Thailand) Management

Management criteria checks 3/4

TOA Paint (Thailand)'s CEO is Jatuphat Tangkaravakoon, appointed in Feb 2001, has a tenure of 23.25 years. directly owns 9.12% of the company’s shares, worth THB4.61B. The average tenure of the management team and the board of directors is 2.8 years and 7.4 years respectively.

Key information

Jatuphat Tangkaravakoon

Chief executive officer

฿3.4m

Total compensation

CEO salary percentage	n/a
CEO tenure	23.3yrs
CEO ownership	9.1%
Management average tenure	2.8yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO

Jatuphat Tangkaravakoon (49 yo)

23.3yrs

Tenure

฿3,414,928

Compensation

Mr. Jatuphat Tangkaravakoon serves as Chief Executive Officer and Director at TOA Paint (Thailand) Public Co. since February 1, 2001 and is its Acting Vice President of Marketing Division since 2023 and se...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jatuphat Tangkaravakoon	CEO ,Act.SVP of Bus.Dev & Cnst.Chm.Div	23.3yrs	฿3.41m	9.12% THB 4.6b
Laor Tangkaravakoon	Vice Chairman	7.4yrs	฿4.00m	4.56% THB 2.3b
Busatree Wanglee	Executive VP - Office of Chief Executive Officer & Executive Director	22.9yrs	฿2.60m	9.12% THB 4.6b
Surasak Mandaeng	Chief Financial Officer	less than a year	no data	no data
Winai Chaiburanont	Senior VP of Operations Division	2.8yrs	no data	no data
Srikanlaya Pensri	Company Secretary & Senior Investor Relations Manager	5.8yrs	no data	no data
Attapol Watjarapairoj	Head of Compliance & Assistant VP of Internal Audit	4.7yrs	no data	no data
Warathorn Jenjarussakul	Vice President of Marketing Division	less than a year	no data	no data
Noranit Aksaralikitsanti	Vice President of Corporate Human Resources Division	less than a year	no data	no data
Chatchawat Rungthong	Vice President of Digital Transformation Division	2.8yrs	no data	no data

2.8yrs

Average Tenure

49yo

Average Age

Experienced Management: TOA's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jatuphat Tangkaravakoon	CEO ,Act.SVP of Bus.Dev & Cnst.Chm.Div	23.3yrs	฿3.41m	9.12% THB 4.6b
Laor Tangkaravakoon	Vice Chairman	7.4yrs	฿4.00m	4.56% THB 2.3b
Busatree Wanglee	Executive VP - Office of Chief Executive Officer & Executive Director	22.9yrs	฿2.60m	9.12% THB 4.6b
Nattavuth Tangkaravakoon	Director	21.8yrs	฿1.61m	9.12% THB 4.6b
Veerasak Kositpaisal	Acting Chairman of the Board & Lead Independent Director	7.4yrs	฿2.11m	no data
Prisana Praharnkhasuk	Independent Director	7.4yrs	฿2.15m	no data
Chanatip Weerasubpong	Independent Director	7.4yrs	฿2.00m	no data

7.4yrs

Average Tenure

68yo

Average Age

Experienced Board: TOA's board of directors are considered experienced (7.4 years average tenure).

TOA Paint (Thailand) Management

Management criteria checks 3/4

Key information

Recent management updates

TOA Paint (Thailand) Public Company Limited Announces Director and Board Changes

TOA Paint (Thailand) Public Company Limited, Annual General Meeting, Apr 29, 2024

TOA Paint (Thailand) Public Company Limited Announces Resignation of Directors

TOA Paint (Thailand) Public Company Limited Announces Resignation of Vonnarat Tangkaravakoon as Director and Member of Executive Committee

TOA Paint (Thailand) Public Company Limited Announces CFO Changes

Less than half of directors are independent

Recent updates

TOA Paint (Thailand) Public Company Limited Approves Annual Dividend from the Operational Results of the Second Half of 2023, Payable on May 28, 2024

TOA Paint (Thailand) Public Company Limited to Report Q1, 2024 Results on May 14, 2024

TOA Paint (Thailand) Public Company Limited Announces Director and Board Changes

TOA Paint (Thailand) Public Company Limited Proposes Dividend for the Second Half of 2023, Payable on May 28, 2024

TOA Paint (Thailand) Public Company Limited, Annual General Meeting, Apr 29, 2024

Full year 2023 earnings released: EPS: ฿1.27 (vs ฿0.70 in FY 2022)

Now 22% undervalued after recent price drop

TOA Paint (Thailand) Public Company Limited Announces Resignation of Directors

TOA Paint (Thailand) Public Company Limited to Report Fiscal Year 2023 Results on Feb 28, 2024

Price target decreased by 7.4% to ฿33.19

Price target decreased by 8.7% to ฿34.33

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 20% undervalued after recent price drop

Upcoming dividend of ฿0.33 per share at 2.5% yield

New minor risk - Dividend sustainability

Second quarter 2023 earnings: EPS exceeds analyst expectations

New minor risk - Share price stability

TOA Paint (Thailand) Public Company Limited Announces Resignation of Vonnarat Tangkaravakoon as Director and Member of Executive Committee

First quarter 2023 earnings: EPS exceeds analyst expectations

TOA Paint (Thailand) Public Company Limited Announces CFO Changes

Upcoming dividend of ฿0.25 per share at 1.7% yield

TOA Paint (Thailand) Public Company Limited to Report Fiscal Year 2022 Results on Feb 27, 2023

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

Less than half of directors are independent

TOA Paint (Thailand) Public Company Limited to Report Q3, 2022 Results on Nov 14, 2022

Investor sentiment improved over the past week

Upcoming dividend of ฿0.25 per share

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

TOA Paint (Thailand) Public Company Limited Announces Interim Cash Dividend for the Period from 01 January 2022 to 30 June 2022, Payable on 13 September 2022

TOA Paint (Thailand) Public Company Limited to Report Q2, 2022 Results on Aug 15, 2022

Now 20% undervalued after recent price drop

TOA Paint (Thailand) Public Company Limited (SET:TOA) completed the acquisition of a 89% stake in Fast-Mix Co.,Ltd. from TOA Group Holding Company Limited.

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of ฿0.19 per share

Less than half of directors are independent

Now 20% undervalued after recent price drop

Full year 2021 earnings: EPS and revenues exceed analyst expectations

TOA Paint (Thailand) Public Company Limited, Annual General Meeting, Apr 25, 2022

TOA Paint (Thailand) Public Company Limited Proposes Annual Dividend Payment for the Second Half of 2021, Payable on May 23, 2022

Third quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.26 in 3Q 2020)

Upcoming dividend of ฿0.31 per share

Second quarter 2021 earnings released: EPS ฿0.27 (vs ฿0.29 in 2Q 2020)

Price target increased to ฿39.70

First quarter 2021 earnings released: EPS ฿0.33 (vs ฿0.21 in 1Q 2020)

Upcoming dividend of ฿0.26 per share

Analysts lower EPS estimates to ฿1.04

New 90-day low: ฿30.25

Full year 2020 earnings released: EPS ฿1.00 (vs ฿1.07 in FY 2019)

Revenue beats expectations, earnings disappoint

TOA Paint (Thailand) Public Company Limited, Annual General Meeting, Apr 23, 2021

New 90-day low: ฿31.75

Third quarter 2020 earnings released: EPS ฿0.26

Revenue and earnings beat expectations

New 90-day low: ฿33.75

New 90-day low - ฿34.50

Earnings released

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age