How does VARO-R's PE Ratio compare to its peers?

VARO-R is good value based on its Price-To-Earnings Ratio (7.1x) compared to the peer average (10.8x).

How does VARO-R's PE Ratio compare vs other companies in the Asian Metals and Mining Industry?

VARO-R is good value based on its Price-To-Earnings Ratio (7.1x) compared to the Asian Metals and Mining industry average (19.4x).

What is VARO-R's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

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

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

Insufficient data to calculate VARO-R's fair value for valuation analysis.

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.

VARO-R Stock Overview

Engages in the manufacture and distribution of semi-finished aluminum products in Thailand, Asia, Oceania, the United States, and Europe. More details

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

Rewards

Price-To-Earnings ratio (7.1x) is below the TH market (13.3x)

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

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

Does not have a meaningful market cap (THB400M)

My Notes

Capture your thoughts, links and company narrative

Varopakorn Public Company Limited Competitors

Sanko Diecasting (Thailand)

SET:SANKO

฿357.8m

Rayong Wire Industries

SET:RWI

฿402.7m

Thai Packaging & Printing

SET:TPP

฿450.0m

Asia Metal

SET:AMC

฿921.8m

Price History & Performance

Summary of share price highs, lows and changes for Varopakorn
Historical stock prices
Current Share Price	฿4.00
52 Week High	฿6.20
52 Week Low	฿2.98
Beta	0.42
1 Month Change	-14.89%
3 Month Change	-20.79%
1 Year Change	4.71%
3 Year Change	-21.57%
5 Year Change	-35.48%
Change since IPO	-75.00%

Recent updates

Shareholder Returns

	VARO-R	TH Metals and Mining	TH Market
7D	-14.2%	-6.1%	-3.7%
1Y	4.7%	-34.1%	-5.0%

Return vs Industry: VARO-R exceeded the TH Metals and Mining industry which returned -34.1% over the past year.

Return vs Market: VARO-R exceeded the TH Market which returned -5% over the past year.

Price Volatility

Is VARO-R's price volatile compared to industry and market?
VARO-R volatility
VARO-R Average Weekly Movement	6.4%
Metals and Mining Industry Average Movement	4.1%
Market Average Movement	4.5%
10% most volatile stocks in TH Market	8.9%
10% least volatile stocks in TH Market	2.1%

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

Volatility Over Time: VARO-R's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

Founded	Employees	CEO	Website
1979	n/a	n/a	www.varopakorn.com

Varopakorn Public Company Limited engages in the manufacture and distribution of semi-finished aluminum products in Thailand, Asia, Oceania, the United States, and Europe. The company offers automotive finstocks for manufacturing radiator fins, intercoolers, condensers, and evaporator units in the automotive industry; precoated finstocks used for preventing water formation; bare finstocks to produce screens for heat ventilation in air conditioners; and cap stocks that are used for the fabrication of pilfer-proof caps for energy drinks, electrolyte beverages, liquid medicines, whisky cap, etc. It also provides foils used primarily as raw material in the construction industry; and aluminum sheets and coils, which are used in the manufacturing of various products, such as satellite dishes, traffic signs, plate eyelets, and rolled bonds used in the production of freezers for refrigerators. The company was founded in 1979 and is headquartered in Bangkok, Thailand.

Varopakorn Public Company Limited Fundamentals Summary

How do Varopakorn's earnings and revenue compare to its market cap?
VARO-R fundamental statistics
Market cap	฿399.61m
Earnings (TTM)	฿56.33m
Revenue (TTM)	฿2.73b

7.1x

P/E Ratio

0.1x

P/S Ratio

Is VARO-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VARO-R income statement (TTM)
Revenue	฿2.73b
Cost of Revenue	฿2.55b
Gross Profit	฿188.16m
Other Expenses	฿131.84m
Earnings	฿56.33m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.56
Gross Margin	6.88%
Net Profit Margin	2.06%
Debt/Equity Ratio	109.9%

How did VARO-R perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/15 17:57
End of Day Share Price	2025/01/15 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

Varopakorn Public Company Limited is covered by 0 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