| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
AS Overview
Asiasoft Corporation Public Company Limited, together with its subsidiaries, engages in the provision and distribution of online game services in Thailand, Singapore, Malaysia, the Philippines, and internationally.
Asiasoft Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ฿16.40 |
| 52 Week High | ฿3.98 |
| 52 Week Low | ฿21.70 |
| Beta | 0.79 |
| 1 Month Change | -11.35% |
| 3 Month Change | 31.20% |
| 1 Year Change | 187.72% |
| 3 Year Change | 1,301.71% |
| 5 Year Change | 469.44% |
| Change since IPO | 36.67% |
Recent News & Updates
Shareholder Returns
| AS | TH Entertainment | TH Market | |
|---|---|---|---|
| 7D | -1.8% | 0.6% | 0.3% |
| 1Y | 187.7% | 41.3% | 32.7% |
Return vs Industry: AS exceeded the TH Entertainment industry which returned 41.3% over the past year.
Return vs Market: AS exceeded the TH Market which returned 32.7% over the past year.
Price Volatility
| AS volatility | |
|---|---|
| AS Beta | 0.79 |
| Industry Beta | 1.13 |
| Market Beta | 1 |
Stable Share Price: AS is more volatile than 90% of TH stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: AS's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of TH stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | n/a | Pramoth Sudjitporn | https://www.asiasoft.co.th |
Asiasoft Corporation Public Company Limited, together with its subsidiaries, engages in the provision and distribution of online game services in Thailand, Singapore, Malaysia, the Philippines, and internationally. It operates through two segments: Online Game and Distribution. The Online Game segment offers online game services through the Internet, which include massive multiplayer online role-playing games, casual games, first person shooting games, and mobile games.
Asiasoft Corporation Fundamentals Summary
| AS fundamental statistics | |
|---|---|
| Market Cap | ฿7.31b |
| Earnings (TTM) | ฿383.64m |
| Revenue (TTM) | ฿1.55b |
18.2x
P/E Ratio4.5x
P/S RatioIs AS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AS income statement (TTM) | |
|---|---|
| Revenue | ฿1.55b |
| Cost of Revenue | ฿703.29m |
| Gross Profit | ฿849.83m |
| Expenses | ฿466.19m |
| Earnings | ฿383.64m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.90 |
| Gross Margin | 54.72% |
| Net Profit Margin | 24.70% |
| Debt/Equity Ratio | 0.08% |
How did AS perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield76%
Payout RatioValuation
Is Asiasoft Corporation undervalued compared to its fair value and its price relative to the market?
43.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AS (THB16.4) is trading below our estimate of fair value (THB29.04)
Significantly Below Fair Value: AS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AS is good value based on its PE Ratio (18.2x) compared to the TH Entertainment industry average (40.6x).
PE vs Market: AS is good value based on its PE Ratio (18.2x) compared to the TH market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: AS is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: AS is overvalued based on its PB Ratio (12.2x) compared to the TH Entertainment industry average (3.2x).
Future Growth
How is Asiasoft Corporation forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
18.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AS's forecast earnings growth (18.6% per year) is above the savings rate (2.1%).
Earnings vs Market: AS's earnings (18.6% per year) are forecast to grow slower than the TH market (21.7% per year).
High Growth Earnings: AS's earnings are forecast to grow, but not significantly.
Revenue vs Market: AS's revenue (15.9% per year) is forecast to grow faster than the TH market (12.2% per year).
High Growth Revenue: AS's revenue (15.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AS's Return on Equity is forecast to be very high in 3 years time (46.2%).
Past Performance
How has Asiasoft Corporation performed over the past 5 years?
86.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AS has high quality earnings.
Growing Profit Margin: AS's current net profit margins (24.7%) are higher than last year (17.7%).
Past Earnings Growth Analysis
Earnings Trend: AS has become profitable over the past 5 years, growing earnings by 86.3% per year.
Accelerating Growth: AS's earnings growth over the past year (102.4%) exceeds its 5-year average (86.3% per year).
Earnings vs Industry: AS earnings growth over the past year (102.4%) exceeded the Entertainment industry 65.7%.
Return on Equity
High ROE: AS's Return on Equity (67.1%) is considered outstanding.
Financial Health
How is Asiasoft Corporation's financial position?
Financial Position Analysis
Short Term Liabilities: AS's short term assets (THB898.5M) exceed its short term liabilities (THB377.0M).
Long Term Liabilities: AS's short term assets (THB898.5M) exceed its long term liabilities (THB35.5M).
Debt to Equity History and Analysis
Debt Level: AS's debt to equity ratio (0.08%) is considered satisfactory.
Reducing Debt: AS's debt to equity ratio has reduced from 53.3% to 0.08% over the past 5 years.
Debt Coverage: AS's debt is well covered by operating cash flow (109511.8%).
Interest Coverage: AS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Asiasoft Corporation current dividend yield, its reliability and sustainability?
2.44%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AS's dividend (2.44%) is higher than the bottom 25% of dividend payers in the TH market (1.6%).
High Dividend: AS's dividend (2.44%) is low compared to the top 25% of dividend payers in the TH market (4.83%).
Stability and Growth of Payments
Stable Dividend: AS's dividend payments have been volatile in the past 10 years.
Growing Dividend: AS's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.8%), AS's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Pramoth Sudjitporn (46 yo)
no data
Tenure
฿264,000
Compensation
Mr. Pramoth Sudjitporn serves as Chief Executive Officer at Asiasoft Corporation Public Company Limited and has been its Acting Chairman since November 13, 2020 and was its Vice Chairman until November 13,...
Leadership Team
Experienced Management: AS's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: AS's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.
Top Shareholders
Company Information
Asiasoft Corporation Public Company Limited's employee growth, exchange listings and data sources
Key Information
- Name: Asiasoft Corporation Public Company Limited
- Ticker: AS
- Exchange: SET
- Founded: 2001
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: ฿7.306b
- Shares outstanding: 424.79m
- Website: https://www.asiasoft.co.th
Location
- Asiasoft Corporation Public Company Limited
- 9, U.M. Tower
- Room 9/283-5, 28th Floor
- Bangkok
- 10250
- Thailand
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/27 11:31 |
| End of Day Share Price | 2021/09/27 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.