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MONO

Mono Next SET:MONO Stock Report

Last Price

฿1.60

Market Cap

฿5.6b

7D

-0.6%

1Y

-16.7%

Updated

30 Jun, 2022

Data

Company Financials +
MONO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance3/6
Financial Health1/6
Dividends0/6

MONO Stock Overview

Mono Next Public Company Limited, together with its subsidiaries, engages in the media and content business primarily in Thailand.

Mono Next Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mono Next
Historical stock prices
Current Share Price฿1.60
52 Week High฿3.10
52 Week Low฿1.38
Beta-0.041
1 Month Change-25.23%
3 Month Change-38.46%
1 Year Change-16.67%
3 Year Change-12.09%
5 Year Change-57.90%
Change since IPO-70.42%

Recent News & Updates

Shareholder Returns

MONOTH MediaTH Market
7D-0.6%-1.2%1.7%
1Y-16.7%-2.8%1.1%

Return vs Industry: MONO underperformed the TH Media industry which returned -2.8% over the past year.

Return vs Market: MONO underperformed the TH Market which returned 1.1% over the past year.

Price Volatility

Is MONO's price volatile compared to industry and market?
MONO volatility
MONO Average Weekly Movement8.0%
Media Industry Average Movement6.3%
Market Average Movement5.1%
10% most volatile stocks in TH Market10.5%
10% least volatile stocks in TH Market2.5%

Stable Share Price: MONO is more volatile than 75% of TH stocks over the past 3 months, typically moving +/- 8% a week.

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

About the Company

FoundedEmployeesCEOWebsite
2002n/aPatompong Sirachairathttps://www.mono.co.th

Mono Next Public Company Limited, together with its subsidiaries, engages in the media and content business primarily in Thailand. The company produces and distributes entertainment content, magazines and general books, and motion pictures, as well as provides design and implementation services for online business. It also offers online and home shopping agency and location services; and produces TV and other programming.

Mono Next Fundamentals Summary

How do Mono Next's earnings and revenue compare to its market cap?
MONO fundamental statistics
Market Cap฿5.55b
Earnings (TTM)฿43.28m
Revenue (TTM)฿2.14b

128.4x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MONO income statement (TTM)
Revenue฿2.14b
Cost of Revenue฿1.69b
Gross Profit฿447.23m
Other Expenses฿403.95m
Earnings฿43.28m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.012
Gross Margin20.89%
Net Profit Margin2.02%
Debt/Equity Ratio134.0%

How did MONO perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is MONO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MONO?

Other financial metrics that can be useful for relative valuation.

MONO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.4x
Enterprise Value/EBITDA38.1x
PEG Ratio1.7x

Price to Earnings Ratio vs Peers

How does MONO's PE Ratio compare to its peers?

MONO PE Ratio vs Peers
The above table shows the PE ratio for MONO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average35x
MCOT MCOT
41.3xn/a฿3.6b
BEC BEC World
34.9x19.1%฿27.8b
AMARIN Amarin Printing and Publishing
18.2xn/a฿5.8b
TH Tong Hua Holding
45.5xn/a฿6.0b
MONO Mono Next
128.4x75.1%฿5.6b

Price-To-Earnings vs Peers: MONO is expensive based on its Price-To-Earnings Ratio (128.4x) compared to the peer average (35x).


Price to Earnings Ratio vs Industry

How does MONO's PE Ratio compare vs other companies in the Asian Media Industry?

Price-To-Earnings vs Industry: MONO is expensive based on its Price-To-Earnings Ratio (128.4x) compared to the TH Media industry average (35.7x)


Price to Earnings Ratio vs Fair Ratio

What is MONO'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.

MONO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio128.4x
Fair PE Ratio66.2x

Price-To-Earnings vs Fair Ratio: MONO is expensive based on its Price-To-Earnings Ratio (128.4x) compared to the estimated Fair Price-To-Earnings Ratio (66.2x).


Share Price vs Fair Value

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

Below Fair Value: MONO (THB1.6) is trading below our estimate of fair value (THB4.98)

Significantly Below Fair Value: MONO is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: MONO is poor value based on its PEG Ratio (1.7x)


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Future Growth

How is Mono Next forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


75.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MONO's forecast earnings growth (75.1% per year) is above the savings rate (2%).

Earnings vs Market: MONO's earnings (75.1% per year) are forecast to grow faster than the TH market (18.5% per year).

High Growth Earnings: MONO's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MONO's revenue (14.5% per year) is forecast to grow faster than the TH market (10.2% per year).

High Growth Revenue: MONO's revenue (14.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MONO's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Mono Next performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-15.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MONO has high quality earnings.

Growing Profit Margin: MONO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MONO has become profitable over the past 5 years, growing earnings by -15.8% per year.

Accelerating Growth: MONO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MONO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (13.4%).


Return on Equity

High ROE: MONO's Return on Equity (3.1%) is considered low.


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Financial Health

How is Mono Next's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MONO's short term assets (THB890.1M) do not cover its short term liabilities (THB1.6B).

Long Term Liabilities: MONO's short term assets (THB890.1M) do not cover its long term liabilities (THB1.3B).


Debt to Equity History and Analysis

Debt Level: MONO's net debt to equity ratio (123.7%) is considered high.

Reducing Debt: MONO's debt to equity ratio has increased from 54.2% to 134% over the past 5 years.

Debt Coverage: MONO's debt is well covered by operating cash flow (65.6%).

Interest Coverage: MONO's interest payments on its debt are not well covered by EBIT (0.6x coverage).


Balance Sheet


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Dividend

What is Mono Next current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.56%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MONO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MONO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MONO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MONO's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: MONO is not paying a notable dividend for the TH market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MONO has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Patompong Sirachairat (40 yo)

2.58yrs

Tenure

฿240,000

Compensation

Mr. Patompong Sirachairat has been Chief Executive Officer at Mono Next Public Company Limited (formerly known as Mono Technology Public Company Limited) since November 6, 2019. He had been the Chief Opera...


Leadership Team

Experienced Management: MONO's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: MONO's board of directors are seasoned and experienced ( 10.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mono Next Public Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Mono Next Public Company Limited
  • Ticker: MONO
  • Exchange: SET
  • Founded: 2002
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: ฿5.554b
  • Shares outstanding: 3.47b
  • Website: https://www.mono.co.th

Location

  • Mono Next Public Company Limited
  • 29/9 Moo 4, Chaiyaphruek Road
  • Bang Phlap
  • Pak Kret
  • 11120
  • Thailand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/30 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.