Asphere Innovations (SET:AS) - Stock Price, News & Analysis

AS Stock Overview

Provides online game services in Thailand, Singapore, Malaysia, Vietnam, and internationally. More details

AS fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	5/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (8x) is below the TH market (15x)

Earnings have grown 6.7% per year over the past 5 years

Risk Analysis

Does not have a meaningful market cap (THB2B)

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

Dividend of 12.64% is not well covered by free cash flows

Asphere Innovations Public Company Limited Competitors

Miss Grand International

SET:MGI

฿2.1b

DV8

SET:DV8

฿686.4m

Matching Maximize Solution

SET:MATCH

฿1.0b

Chamni's Eye

SET:CEYE

฿864.1m

Price History & Performance

Summary of all time highs, changes and price drops for Asphere Innovations
Historical stock prices
Current Share Price	฿3.64
52 Week High	฿8.45
52 Week Low	฿2.10
Beta	1.12
11 Month Change	-20.87%
3 Month Change	-3.70%
1 Year Change	-52.73%
33 Year Change	-83.60%
5 Year Change	175.76%
Change since IPO	-69.67%

Recent updates

Shareholder Returns

	AS	TH Entertainment	TH Market
7D	4.0%	-0.4%	0.3%
1Y	-52.7%	-17.4%	3.2%

Return vs Industry: AS underperformed the TH Entertainment industry which returned -17.4% over the past year.

Return vs Market: AS underperformed the TH Market which returned 3.2% over the past year.

Price Volatility

Is AS's price volatile compared to industry and market?
AS volatility
AS Average Weekly Movement	9.3%
Entertainment Industry Average Movement	5.7%
Market Average Movement	4.6%
10% most volatile stocks in TH Market	10.0%
10% least volatile stocks in TH Market	2.4%

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

Volatility Over Time: AS's weekly volatility (9%) 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	Kittipong Prucksa-Aroon	www.asphere.co

Asphere Innovations Public Company Limited, together with its subsidiaries, provides online game services in Thailand, Singapore, Malaysia, Vietnam, and internationally. The company operates through two segments, Online Game and Distribution. The company offers games for PC and mobile platforms, including MMORPG, casual, SRPG, FPS, and MOBA under the PlayPark brand name.

Asphere Innovations Public Company Limited Fundamentals Summary

How do Asphere Innovations's earnings and revenue compare to its market cap?
AS fundamental statistics
Market cap	฿1.82b
Earnings (TTM)	฿226.73m
Revenue (TTM)	฿1.28b

8.0x

P/E Ratio

1.4x

P/S Ratio

Is AS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AS income statement (TTM)
Revenue	฿1.28b
Cost of Revenue	฿623.40m
Gross Profit	฿653.72m
Other Expenses	฿426.99m
Earnings	฿226.73m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.45
Gross Margin	51.19%
Net Profit Margin	17.75%
Debt/Equity Ratio	18.0%

How did AS perform over the long term?

See historical performance and comparison

Dividends

12.6%

Current Dividend Yield

70%

Payout Ratio

AS Stock Overview

Rewards

Risk Analysis

Asphere Innovations Public Company Limited Competitors

SET:MGI

฿2.1b

SET:DV8

฿686.4m

SET:MATCH

฿1.0b

SET:CEYE

฿864.1m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: ฿0.08 (vs ฿0.16 in 3Q 2023)

Investor sentiment improves as stock rises 24%

Investor sentiment improves as stock rises 21%

Now 25% overvalued

Investor sentiment improves as stock rises 19%

Now 20% overvalued

Recent updates

Third quarter 2024 earnings released: EPS: ฿0.08 (vs ฿0.16 in 3Q 2023)

Investor sentiment improves as stock rises 24%

Investor sentiment improves as stock rises 21%

Now 25% overvalued

Investor sentiment improves as stock rises 19%

Now 20% overvalued

Second quarter 2024 earnings released: EPS: ฿0.10 (vs ฿0.057 in 2Q 2023)

Investor sentiment deteriorates as stock falls 15%

Now 8.8% undervalued after recent price drop

Now 29% overvalued

Investor sentiment deteriorates as stock falls 17%

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 18%

First quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.086 in 1Q 2023)

Asphere Innovations Public Company Limited Refrains from Paying Dividend for the Accounting Period Ended December 31, 2023

Investor sentiment deteriorates as stock falls 15%

Full year 2023 earnings released: EPS: ฿0.43 (vs ฿0.58 in FY 2022)

Asphere Innovations Public Company Limited, Annual General Meeting, Apr 26, 2024

High number of new directors

Asphere Innovations Public Company Limited Announces Board Changes

Asphere Innovations Public Company Limited (SET:AS) announces an Equity Buyback for 15,000,000 shares, representing 2.96% for THB 120 million.

New minor risk - Earnings quality

New minor risk - Market cap size

Investor sentiment deteriorates as stock falls 16%

Free Ocean Games Pte. Ltd. agreed to acquire a 61.68% stake in CIB Development Sdn. Bhd. from Asphere Innovations Public Company Limited (SET:AS) for MYR 12.3 million.

Now 20% undervalued after recent price drop

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 15%

First quarter 2023 earnings released: EPS: ฿0.09 (vs ฿0.23 in 1Q 2022)

Insufficient new directors

Upcoming dividend of ฿0.23 per share at 3.2% yield

Consensus revenue estimates fall by 17%

Price target decreased by 34% to ฿12.55

Sabuy Technology Public Company Limited (SET:SABUY) acquired a 10.3853% stake in Asiasoft Corporation Public Company Limited (SET:AS) from Pramoth Sudjitporn and Saowaluck Jitsumrit.

Price target decreased to ฿18.30

Less than half of directors are independent

Now 20% undervalued

Now 23% undervalued

Upcoming dividend of ฿0.30 per share

Second quarter 2022 earnings released: EPS: ฿0.19 (vs ฿0.26 in 2Q 2021)

Asiasoft Corporation Public Company Limited Announces Interim Dividend for the first six months of the fiscal year 2022, Payable on September 8, 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Asiasoft Corporation Public Company Limited Approves to Appoint Kittipong Prucksa-Aroon to Be a Chief Executive Officer of Blockchain & Fintech

Less than half of directors are independent

Asiasoft Corporation Public Company Limited Approves Dividend for the Year 2021, Payable on May 9, 2022

Investor sentiment deteriorated over the past week

Price target increased to ฿24.00

Upcoming dividend of ฿0.30 per share

Price target increased to ฿24.00

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Asiasoft Corporation Public Company Limited Proposes Dividend, Payable on May 9, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ฿0.30 (vs ฿0.25 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of ฿0.40 per share

Second quarter 2021 earnings released: EPS ฿0.26 (vs ฿0.29 in 2Q 2020)

Investor sentiment deteriorated over the past week