Thai Plastic Industrial (1994) (SET:TPLAS-R) - Stock Price, News & Analysis

TPLAS-R Stock Overview

Manufactures and sells food plastic bags, food wrappers, and food paper containers in Thailand. More details

TPLAS-R fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 9.6% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (THB340M)

Earnings have declined by 18.2% per year over past 5 years

Volatile share price over the past 3 months compared to the TH market

Dividend of 3.17% is not well covered by earnings

Thai Plastic Industrial (1994) Public Company Limited Competitors

Thai Packaging & Printing

SET:TPP

฿457.5m

Thai Coating Industrial

SET:TCOAT

฿262.5m

S. Pack & Print

SET:SPACK

฿540.0m

Thai O.P.P

SET:TOPP

฿1.0b

Price History & Performance

Summary of all time highs, changes and price drops for Thai Plastic Industrial (1994)
Historical stock prices
Current Share Price	฿1.26
52 Week High	฿2.00
52 Week Low	฿1.14
Beta	0.49
11 Month Change	-15.44%
3 Month Change	4.13%
1 Year Change	-18.71%
33 Year Change	-56.25%
5 Year Change	2.44%
Change since IPO	-47.06%

Recent updates

Shareholder Returns

	TPLAS-R	TH Packaging	TH Market
7D	-7.4%	0.3%	0.3%
1Y	-18.7%	-27.7%	3.2%

Return vs Industry: TPLAS-R exceeded the TH Packaging industry which returned -28% over the past year.

Return vs Market: TPLAS-R underperformed the TH Market which returned 2.1% over the past year.

Price Volatility

Is TPLAS-R's price volatile compared to industry and market?
TPLAS-R volatility
TPLAS-R Average Weekly Movement	6.8%
Packaging Industry Average Movement	3.6%
Market Average Movement	4.6%
10% most volatile stocks in TH Market	10.1%
10% least volatile stocks in TH Market	2.4%

Stable Share Price: TPLAS-R's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: TPLAS-R's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

Founded	Employees	CEO	Website
1994	n/a	n/a	www.tpic.co.th

Thai Plastic Industrial (1994) Public Company Limited manufactures and sells food plastic bags, food wrappers, and food paper containers in Thailand. Its products include polypropylene bags, high density polyethylene bags, and poly vinyi chloride films. The company markets its products under the Makrook brand name.

Thai Plastic Industrial (1994) Public Company Limited Fundamentals Summary

How do Thai Plastic Industrial (1994)'s earnings and revenue compare to its market cap?
TPLAS-R fundamental statistics
Market cap	฿340.20m
Earnings (TTM)	฿10.74m
Revenue (TTM)	฿496.27m

31.7x

P/E Ratio

0.7x

P/S Ratio

Is TPLAS-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TPLAS-R income statement (TTM)
Revenue	฿496.27m
Cost of Revenue	฿426.74m
Gross Profit	฿69.53m
Other Expenses	฿58.79m
Earnings	฿10.74m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.04
Gross Margin	14.01%
Net Profit Margin	2.16%
Debt/Equity Ratio	0%

How did TPLAS-R perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

101%

Payout Ratio

Thai Plastic Industrial (1994) SET:TPLAS-R Stock Report