Tata Steel (Thailand) (SET:TSTH) - Stock Price, News & Analysis

TSTH Stock Overview

Engages in the manufacturing, distribution, and trading of steel bars, wire rods, and small section products in Thailand. More details

TSTH fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	1/6

Rewards

Earnings grew by 131.4% over the past year

Risk Analysis

Dividend of 4.55% is not well covered by earnings or free cash flows

Large one-off items impacting financial results

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

Tata Steel (Thailand) Public Company Limited Competitors

POSCO-Thainox

SET:INOX

฿4.1b

M.C.S. Steel

SET:MCS

฿3.5b

G J Steel

SET:GJS

฿4.1b

TMT Steel

SET:TMT

฿3.0b

Price History & Performance

Summary of all time highs, changes and price drops for Tata Steel (Thailand)
Historical stock prices
Current Share Price	฿0.66
52 Week High	฿0.92
52 Week Low	฿0.49
Beta	1.4
11 Month Change	-7.04%
3 Month Change	17.86%
1 Year Change	-19.51%
33 Year Change	-57.96%
5 Year Change	26.92%
Change since IPO	-45.90%

Recent updates

Shareholder Returns

	TSTH	TH Metals and Mining	TH Market
7D	-1.5%	-3.7%	0.8%
1Y	-19.5%	-18.2%	3.1%

Return vs Industry: TSTH underperformed the TH Metals and Mining industry which returned -18.2% over the past year.

Return vs Market: TSTH underperformed the TH Market which returned 3.1% over the past year.

Price Volatility

Is TSTH's price volatile compared to industry and market?
TSTH volatility
TSTH Average Weekly Movement	8.3%
Metals and Mining Industry Average Movement	5.5%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.4%

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

Volatility Over Time: TSTH's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

Founded	Employees	CEO	Website
2002	n/a	Tarun Daga	www.tatasteelthailand.com

Tata Steel (Thailand) Public Company Limited, together with its subsidiaries, engages in the manufacturing, distribution, and trading of steel bars, wire rods, and small section products in Thailand. The company offers deformed and round bars; small section angles and channels; seismic bars; carbon steel round bars; stirrups; and footing products, as well as cut and bend services. It also exports its products.

Tata Steel (Thailand) Public Company Limited Fundamentals Summary

How do Tata Steel (Thailand)'s earnings and revenue compare to its market cap?
TSTH fundamental statistics
Market cap	฿5.56b
Earnings (TTM)	฿34.82m
Revenue (TTM)	฿25.17b

159.6x

P/E Ratio

0.2x

P/S Ratio

Is TSTH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TSTH income statement (TTM)
Revenue	฿25.17b
Cost of Revenue	฿24.81b
Gross Profit	฿361.37m
Other Expenses	฿326.55m
Earnings	฿34.82m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.0041
Gross Margin	1.44%
Net Profit Margin	0.14%
Debt/Equity Ratio	0%

How did TSTH perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

4,580%

Payout Ratio

TSTH Stock Overview

Rewards

Risk Analysis

Tata Steel (Thailand) Public Company Limited Competitors

SET:INOX

฿4.1b

SET:MCS

฿3.5b

SET:GJS

฿4.1b

SET:TMT

฿3.0b

Price History & Performance

Recent News & Updates

New minor risk - Share price stability

Sanjib Nanda to Step Down as A Non-Executive Director and Member of the Executive Committee of Tata Steel (Thailand) Public Company Limited

First quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.006 in 1Q 2024)

Tata Steel (Thailand) Public Company Limited Approves Omission of Dividend Payment for the Year Ended March 31, 2024

Tata Steel (Thailand) Public Company Limited Announces Appointment of Directors and Reconstitution of Committees

Tata Steel (Thailand) Public Company Limited Announces Step Down of Alan Kam as an Independent Director, the Chairman of the Audit & Risk Review Committee and A Member of the Corporate Governance, Nomination & Remuneration Committee, Effective June 3, 2024

Recent updates

New minor risk - Share price stability

Sanjib Nanda to Step Down as A Non-Executive Director and Member of the Executive Committee of Tata Steel (Thailand) Public Company Limited

First quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.006 in 1Q 2024)

Tata Steel (Thailand) Public Company Limited Approves Omission of Dividend Payment for the Year Ended March 31, 2024

Tata Steel (Thailand) Public Company Limited Announces Appointment of Directors and Reconstitution of Committees

Tata Steel (Thailand) Public Company Limited Announces Step Down of Alan Kam as an Independent Director, the Chairman of the Audit & Risk Review Committee and A Member of the Corporate Governance, Nomination & Remuneration Committee, Effective June 3, 2024

Tata Steel (Thailand) Public Company Limited Proposes Omit the Dividend Payment for the Year 2023-24

Tata Steel (Thailand) Public Company Limited Proposes Omit the Dividend Payment for the Year 2023-24

Full year 2024 earnings released: EPS: ฿0.01 (vs ฿0.081 in FY 2023)

New minor risk - Share price stability

Third quarter 2024 earnings released: ฿0.01 loss per share (vs ฿0.01 loss in 3Q 2023)

Second quarter 2024 earnings released: ฿0.01 loss per share (vs ฿0.009 profit in 2Q 2023)

New minor risk - Earnings quality

First quarter 2024 earnings released: EPS: ฿0.01 (vs ฿0.069 in 1Q 2023)

Upcoming dividend of ฿0.03 per share at 2.9% yield

Full year 2023 earnings released: EPS: ฿0.08 (vs ฿0.31 in FY 2022)

Third quarter 2023 earnings released: ฿0.01 loss per share (vs ฿0.07 profit in 3Q 2022)

Tata Steel (Thailand) Public Company Limited Announces Board and Committee Changes

Tata Steel (Thailand) Public Company Limited Announces Board and Committee Changes

Tata Steel (Thailand) Public Company Announces Executive Changes

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.11 in 2Q 2022)

Tata Steel (Thailand) Public Company Limited Announces the Passing Away of Independent Director

First quarter 2023 earnings released: EPS: ฿0.069 (vs ฿0.10 in 1Q 2022)

Upcoming dividend of ฿0.05 per share

Less than half of directors are independent

Investor sentiment deteriorated over the past week

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

Second quarter 2022 earnings released: EPS ฿0.11 (vs ฿0.02 in 2Q 2021)

Director Ranganath Rao has left the company

First quarter 2022 earnings released: EPS ฿0.10 (vs ฿0.01 in 1Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS ฿0.075 (vs ฿0.006 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ฿0.79

Third quarter 2021 earnings released: EPS ฿0.004

New 90-day high: ฿0.52

New 90-day high: ฿0.41

Synergy Metals and Mining Fund managed by Synergy Management (DIFC) Limited cancelled the acquisition of 70% stake in Tata Steel (Thailand) Public Company Limited (SET:TSTH) from T S Global Holdings Pte Ltd.

New 90-day high - ฿0.39

Shareholder Returns

Price Volatility

About the Company

Tata Steel (Thailand) Public Company Limited Fundamentals Summary

159.6x

0.2x

Earnings & Revenue

Dividends

4.5%

4,580%