Upcoming Dividend • Apr 29
Upcoming dividend of ฿0.90 per share Eligible shareholders must have bought the stock before 06 May 2026. Payment date: 21 May 2026. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 6.1%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (3.5%). Declared Dividend • Mar 11
Dividend increased to ฿0.90 Dividend of ฿0.90 is 29% higher than last year. Ex-date: 6th May 2026 Payment date: 21st May 2026 Dividend yield will be 7.9%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (221% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Mar 10
Prakit Holdings Public Company Limited announces Annual dividend, payable on May 21, 2026 Prakit Holdings Public Company Limited announced Annual dividend of THB 0.9000 per share payable on May 21, 2026, ex-date on May 06, 2026 and record date on May 07, 2026. Announcement • Mar 09
Prakit Holdings Public Company Limited, Annual General Meeting, Apr 23, 2026 Prakit Holdings Public Company Limited, Annual General Meeting, Apr 23, 2026, at 14:30 SE Asia Standard Time. Location: 88 sukhumvit 62 section 3, phra khanong tai, phra khanong, bangkok Thailand New Risk • Mar 05
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 221% Dividend yield: 6.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 221% Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿652.9m market cap, or US$20.6m). Reported Earnings • Mar 05
Full year 2025 earnings released: ฿0.43 loss per share (vs ฿1.35 loss in FY 2024) Full year 2025 results: ฿0.43 loss per share (improved from ฿1.35 loss in FY 2024). Revenue: ฿458.2m (up 13% from FY 2024). Net loss: ฿25.8m (loss narrowed 69% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 19
Second quarter 2025 earnings released: ฿0.16 loss per share (vs ฿0.27 loss in 2Q 2024) Second quarter 2025 results: ฿0.16 loss per share (improved from ฿0.27 loss in 2Q 2024). Revenue: ฿132.6m (up 23% from 2Q 2024). Net loss: ฿9.54m (loss narrowed 43% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 30
Upcoming dividend of ฿0.70 per share Eligible shareholders must have bought the stock before 07 May 2025. Payment date: 23 May 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.9%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (3.2%). Announcement • Apr 26
Prakit Holdings Public Company Limited Approves Cash Dividend for the Year Ended December 31, 2024 Prakit Holdings Public Company Limited announced that at its Annual General Meeting of Shareholders held on April 25, 2025, approved the allocation of profits and dividend payment for the year ended December 31, 2024 at the rate of THB 0.70 per share. Declared Dividend • Mar 08
Dividend reduced to ฿0.70 Dividend of ฿0.70 is 30% lower than last year. Ex-date: 7th May 2025 Payment date: 23rd May 2025 Dividend yield will be 6.2%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (54% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Mar 01
Full year 2024 earnings released: ฿1.35 loss per share (vs ฿3.86 profit in FY 2023) Full year 2024 results: ฿1.35 loss per share (down from ฿3.86 profit in FY 2023). Revenue: ฿404.8m (up 39% from FY 2023). Net loss: ฿81.9m (down 135% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Nov 19
New major risk - Revenue size The company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (฿652.9m market cap, or US$18.9m). Reported Earnings • Nov 19
Third quarter 2024 earnings released: ฿0.23 loss per share (vs ฿0.47 loss in 3Q 2023) Third quarter 2024 results: ฿0.23 loss per share (improved from ฿0.47 loss in 3Q 2023). Revenue: ฿93.4m (up 14% from 3Q 2023). Net loss: ฿13.6m (loss narrowed 52% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Nov 11
Now 20% undervalued Over the last 90 days, the stock has risen 9.5% to ฿10.90. The fair value is estimated to be ฿13.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Sep 19
Now 21% undervalued Over the last 90 days, the stock has risen 5.8% to ฿10.90. The fair value is estimated to be ฿13.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 15
Second quarter 2024 earnings released: ฿0.27 loss per share (vs ฿0.46 loss in 2Q 2023) Second quarter 2024 results: ฿0.27 loss per share (improved from ฿0.46 loss in 2Q 2023). Revenue: ฿107.7m (up 54% from 2Q 2023). Net loss: ฿16.6m (loss narrowed 40% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jul 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to ฿10.20. The fair value is estimated to be ฿12.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jul 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to ฿10.20. The fair value is estimated to be ฿12.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to ฿10.20. The fair value is estimated to be ฿12.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Meanwhile, the company became loss making. Announcement • Jun 05
Prakit Holdings Public Company Limited Announces Board Changes Prakit Holdings Public Company Limited received a resignation letter submitted by Ms. Sukanya Nithungkorn, Independent Director and Audit Committee Member. The resignation is due to personal reasons and is effective from June 1, 2024 onwards. Thus, the number of the Board of Directors decreases to 8 persons. The Company will further consider the appointment of a qualified person as the replacement for the resigned director. The Company's Board of Directors Meeting No. 5/2024 on June 4, 2024 resolved to appoint Mr. Thitawat Asawet, Independent Director, as Audit Committee Member to replace the Audit Committee Member who resigned, effective from June 4, 2024 onwards. Reported Earnings • May 12
First quarter 2024 earnings released: ฿0.59 loss per share (vs ฿5.26 profit in 1Q 2023) First quarter 2024 results: ฿0.59 loss per share (down from ฿5.26 profit in 1Q 2023). Net loss: ฿36.0m (down 111% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Apr 28
Prakit Holdings Public Company Limited Appoints Thitawat Assawet as Director Prakit Holdings Public Company Limited announced that at its AGM held on April 26, 2024, approved the appointment Of a new director, Mr. Thitawat Assawet. Announcement • Apr 27
Prakit Holdings Public Company Limited Approves Dividend for the Year Ended December 31, 2023 Prakit Holdings Public Company Limited at its 38th AGM held on April 26, 2024 approved the allocation of profits and dividend payment for the year ended December 31, 2023 at the rate of THB 1. Declared Dividend • Mar 13
Dividend of ฿1.00 announced Dividend of ฿1.00 is the same as last year. Ex-date: 7th May 2024 Payment date: 23rd May 2024 Dividend yield will be 8.6%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (23% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 12
Prakit Holdings Public Company Limited, Annual General Meeting, Apr 26, 2024 Prakit Holdings Public Company Limited, Annual General Meeting, Apr 26, 2024, at 14:30 SE Asia Standard Time. Location: 88 Sukhumvit 62 Section 3, Phra Khanong Tai, Phra Khanong Bangkok Thailand Agenda: To consider and approve the company's audited financial statements for the year ended December 31, 2023; to consider and approve the allocation of net profit and dividend payment for the year ended December 31, 2023; to consider appointment of new director to replace those retiring by rotation; to consider increasing the number of Company's directors and propose the appointment of a new director; to consider and approve the remuneration of the Company's directors for year 2024 in the amount of 2,760,000 baht; and to consider other business issues. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: ฿3.86 (vs ฿0.76 loss in FY 2022) Full year 2023 results: EPS: ฿3.86 (up from ฿0.76 loss in FY 2022). Revenue: ฿737.0m (up 130% from FY 2022). Net income: ฿233.4m (up ฿279.6m from FY 2022). Profit margin: 32% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 14
Third quarter 2023 earnings released: ฿0.47 loss per share (vs ฿0.39 loss in 3Q 2022) Third quarter 2023 results: ฿0.47 loss per share (further deteriorated from ฿0.39 loss in 3Q 2022). Revenue: ฿82.3m (up 14% from 3Q 2022). Net loss: ฿28.5m (loss widened 22% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 10
Second quarter 2023 earnings released: ฿0.46 loss per share (vs ฿0.13 loss in 2Q 2022) Second quarter 2023 results: ฿0.46 loss per share (further deteriorated from ฿0.13 loss in 2Q 2022). Revenue: ฿70.0m (down 16% from 2Q 2022). Net loss: ฿27.6m (loss widened 265% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 25
Upcoming dividend of ฿1.00 per share at 7.8% yield Eligible shareholders must have bought the stock before 02 May 2023. Payment date: 23 May 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 7.8%. Within top quartile of Thai dividend payers (6.0%). Higher than average of industry peers (1.5%). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 6 highly experienced directors. 1 independent director (5 non-independent directors). Independent Director Pichai Charnsupharindr was the last independent director to join the board, commencing their role in 2005. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 21
Second quarter 2022 earnings released: ฿0.13 loss per share (vs ฿0.13 profit in 2Q 2021) Second quarter 2022 results: ฿0.13 loss per share (down from ฿0.13 profit in 2Q 2021). Revenue: ฿82.8m (down 15% from 2Q 2021). Net loss: ฿7.56m (down 198% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Jun 02
Prakit Holdings Public Company Limited Announces Resignation of Thitawat Asaves as Independent Director and Audit Committee, Effective from June 1, 2022 Prakit Holdings Public Company Limited announced resignation of Mr. Thitawat Asaves as independent director and audit committee., effective from June 1, 2022. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Thitawat Asaves was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 18% share price gain to ฿11.20, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 34x in the Media industry in Thailand. Total returns to shareholders of 8.3% over the past three years. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ฿0.38 (up from ฿0.37 in FY 2020). Revenue: ฿332.7m (up 7.2% from FY 2020). Net income: ฿22.7m (up 2.7% from FY 2020). Profit margin: 6.8% (down from 7.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Feb 25
Prakit Holdings Public Company Limited Appoints Thitawat Asaves as Independent Director and Member of Audit Committee The Board of directors of Prakit Holdings Public Company Limited at a meeting held on February 24, 2022 reported the resolution that the Company has appointed Mr. Thitawat Asaves to be Independent Director and member of Audit Committee. This is effective from February 24, 2022 onward. Announcement • Feb 05
Prakit Holdings Public Co.,Ltd Announces Demise of Mr. Sommanous Na Bangchang, Independent Director and Member of Audit Committee Prakit Holdings Public Co.,Ltd announced that Mr. Sommanous Na Bangchang, Independent Director and Independent Director and Member of Audit Committee, has passed away on January 31, 2022. Reported Earnings • Nov 17
Third quarter 2021 earnings released: ฿0.04 loss per share (vs ฿0.15 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ฿72.7m (down 19% from 3Q 2020). Net loss: ฿2.14m (down 123% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.054 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿97.1m (up 55% from 2Q 2020). Net income: ฿7.73m (up 138% from 2Q 2020). Profit margin: 8.0% (up from 5.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • May 17
First quarter 2021 earnings released: ฿0.10 loss per share (vs ฿0.11 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: ฿71.9m (up 11% from 1Q 2020). Net loss: ฿5.93m (loss narrowed 8.9% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Executive Departure • May 17
Independent Director has left the company On the 7th of May, Manoon Pahirah's tenure as Independent Director ended after 17.0 years in the role. We don't have any record of a personal shareholding under Manoon's name. Manoon is the only executive to leave the company over the last 12 months. Announcement • Apr 27
Prakit Holdings Public Company Limited Approves Dividend for the Year Ended December 31, 2020 Prakit Holdings Public Company Limited approved dividend for the year ended December 31, 2020 by paying cash dividend at the rate of THB 0.40 at its AGM held on April 26, 2021. Upcoming Dividend • Apr 24
Upcoming dividend of ฿0.40 per share Eligible shareholders must have bought the stock before 30 April 2021. Payment date: 21 May 2021. Trailing yield: 4.1%. Lower than top quartile of Thai dividend payers (4.9%). Higher than average of industry peers (1.2%). Announcement • Mar 10
Prakit Holdings Public Company Limited, Annual General Meeting, Apr 26, 2021 Prakit Holdings Public Company Limited, Annual General Meeting, Apr 26, 2021, at 14:30 SE Asia Standard Time. Location: 88 Sukhumvit 62 Section 3, Phra Khanong Tai, Phra Khanong Bangkok Thailand Agenda: To certify the minutes of Annual General Meeting of shareholders #34 held on April 24, 2020; to certify the company's operation results and the board of directors report for the year 2020; to approve the company's audited financial statements for the year ended December 31, 2020; to approve the allocation of net profit and dividend payment for the year ended December 31, 2020; to appoint new director to replace those retiring by rotation; to approve the remuneration of the Company's directors for year 2021 in the amount of THB 3,240,000.00; to appoint the auditor and determine the auditing fee for 2021; and to consider other issues (if any). Reported Earnings • Feb 28
Full year 2020 earnings released: EPS ฿0.37 (vs ฿0.89 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿310.3m (down 20% from FY 2019). Net income: ฿22.1m (down 59% from FY 2019). Profit margin: 7.1% (down from 14% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 29
New 90-day high: ฿8.50 The company is up 16% from its price of ฿7.30 on 30 September 2020. The Thai market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is up 6.0% over the same period. Is New 90 Day High Low • Nov 27
New 90-day high: ฿7.90 The company is up 7.0% from its price of ฿7.35 on 28 August 2020. The Thai market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 12% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS ฿0.15 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿90.2m (down 5.7% from 3Q 2019). Net income: ฿9.21m (down 22% from 3Q 2019). Profit margin: 10% (down from 12% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.