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

S is expensive based on its Price-To-Earnings Ratio (20.7x) compared to the peer average (4.3x).

How does S's PE Ratio compare vs other companies in the TH Real Estate Industry?

S is expensive based on its Price-To-Earnings Ratio (20.7x) compared to the TH Real Estate industry average (11.9x).

What is S'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 S's Price-To-Earnings Fair Ratio for valuation analysis.

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

S (THB0.9) is trading above our estimate of [[fair value]] (THB0.15)

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.

Singha Estate (SET:S) - Stock Price, News & Analysis

S Stock Overview

Develops and invests in real estate properties for rental and sale in Thailand and internationally.

About the company

S fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	2/6
Dividends	1/6

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Singha Estate Public Company Limited Competitors

Assetwise

SET:ASW

฿7.2b

Asset Five Group

SET:A5

฿3.3b

Britania

SET:BRI

฿3.7b

Noble Development

SET:NOBLE

฿4.0b

Price History & Performance

Summary of all time highs, changes and price drops for Singha Estate
Historical stock prices
Current Share Price	฿0.90
52 Week High	฿1.10
52 Week Low	฿0.70
Beta	1.07
11 Month Change	-10.00%
3 Month Change	26.76%
1 Year Change	-2.17%
33 Year Change	-52.88%
5 Year Change	-67.86%
Change since IPO	-88.82%

Recent updates

Shareholder Returns

	S	TH Real Estate	TH Market
7D	-6.3%	-4.4%	-2.5%
1Y	-2.2%	-9.3%	4.0%

Return vs Industry: S exceeded the TH Real Estate industry which returned -9.3% over the past year.

Return vs Market: S underperformed the TH Market which returned 4% over the past year.

Price Volatility

Is S's price volatile compared to industry and market?
S volatility
S Average Weekly Movement	6.8%
Real Estate Industry Average Movement	5.0%
Market Average Movement	4.9%
10% most volatile stocks in TH Market	10.9%
10% least volatile stocks in TH Market	2.4%

Stable Share Price: S has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: S's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1995	n/a	Thitima Rungkwansiriroj	www.singhaestate.co.th/en

Singha Estate Public Company Limited, together with its subsidiaries, develops and invests in real estate properties for rental and sale in Thailand and internationally. The company develops private estates, single detached houses, home offices, and condominiums; and commercial buildings, and industrial estate and infrastructure. It also engages in the provision of hotel, hotel management, and hospitality services; construction and project management services; real estate, property, and industrial estate development; trust management in REIT; and the energy business.

Singha Estate Public Company Limited Fundamentals Summary

How do Singha Estate's earnings and revenue compare to its market cap?
S fundamental statistics
Market cap	฿6.24b
Earnings (TTM)	฿297.95m
Revenue (TTM)	฿15.63b

20.7x

P/E Ratio

0.4x

P/S Ratio

Is S overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
S income statement (TTM)
Revenue	฿15.63b
Cost of Revenue	฿9.97b
Gross Profit	฿5.66b
Other Expenses	฿5.36b
Earnings	฿297.95m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 27, 2024

Earnings per share (EPS)	0.043
Gross Margin	36.20%
Net Profit Margin	1.91%
Debt/Equity Ratio	145.9%

How did S perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

34%

Payout Ratio

S Stock Overview

Risk Analysis

Singha Estate Public Company Limited Competitors

SET:ASW

฿7.2b

SET:A5

฿3.3b

SET:BRI

฿3.7b

SET:NOBLE

฿4.0b

Price History & Performance

Recent News & Updates

New minor risk - Share price stability

Investor sentiment improves as stock rises 19%

Second quarter 2024 earnings released: ฿0.008 loss per share (vs ฿0.015 loss in 2Q 2023)

First quarter 2024 earnings released: EPS: ฿0.009 (vs ฿0.004 in 1Q 2023)

Singha Estate Public Company Limited Approves Dividend for the Year Ended December 31, 2023, Payable on 15 May 2024

Upcoming dividend of ฿0.015 per share

Recent updates

New minor risk - Share price stability

Investor sentiment improves as stock rises 19%

Second quarter 2024 earnings released: ฿0.008 loss per share (vs ฿0.015 loss in 2Q 2023)

First quarter 2024 earnings released: EPS: ฿0.009 (vs ฿0.004 in 1Q 2023)

Singha Estate Public Company Limited Approves Dividend for the Year Ended December 31, 2023, Payable on 15 May 2024

Upcoming dividend of ฿0.015 per share

Dividend reduced to ฿0.015

Singha Estate Public Company Limited Proposes Dividend Payment for the Year 2023, Payable on 15 May 2024

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: ฿0.031 (vs ฿0.071 in FY 2022)

High number of new directors

Singha Estate Public Company Limited, Annual General Meeting, Apr 26, 2024

Less than half of directors are independent

Singha Estate Public Company Limited Announces Board Changes

Third quarter 2023 earnings released: ฿0.014 loss per share (vs ฿0.006 profit in 3Q 2022)

New major risk - Revenue and earnings growth

Consensus EPS estimates fall by 60%

Second quarter 2023 earnings released: ฿0.015 loss per share (vs ฿0.015 profit in 2Q 2022)

Investor sentiment deteriorates as stock falls 17%

Price target decreased by 20% to ฿1.60

First quarter 2023 earnings released: EPS: ฿0.004 (vs ฿0.007 loss in 1Q 2022)

Upcoming dividend of ฿0.02 per share

Singha Estate Public Company Limited Announces Appointment of Voravud Bhirombhakdi as Director

Consensus revenue estimates increase by 48%

Third quarter 2022 earnings released: EPS: ฿0.006 (vs ฿0.031 loss in 3Q 2021)

Singha Estate Public Company Limited Appoints Petipong Pungbun Na Ayudhya as the Chairman of the Board of Directors

Singha Estate Public Company Limited Announces Demise of Mr. Chutinant Bhirombhakdi, Chairman of the Board of Directors

Second quarter 2022 earnings released: EPS: ฿0.015 (vs ฿0.031 loss in 2Q 2021)

Singha Estate Public Company Limited Announces Appointment of Prasan Chuaphanich as the Independent Director and Chairman of the Audit Committee

Less than half of directors are independent

Singha Estate Public Company Limited Announces Resignation of Napaporn Landy as Independent Director and the Chairperson of the Audit Committee

Singha Estate Public Company Limited Announces Resignation of Napaporn Landy as Independent Director and the Chairperson of the Audit Committee, Effective May 31, 2022

First quarter 2022 earnings released: ฿0.007 loss per share (vs ฿0.027 profit in 1Q 2021)

Full year 2021 earnings: EPS misses analyst expectations

Singha Estate Public Company Limited Announces Board Changes

Insufficient new directors

Third quarter 2021 earnings released: ฿0.031 loss per share (vs ฿0.038 loss in 3Q 2020)

Singha Estate Public Company Limited (SET:S) completed the acquisition of Park Industry Company Limited from Boon Rawd Brewery Co., Ltd., Santi Bhirombhakdi, Chutinant Bhirombhakdi and Chayanin Debhakam.

Second quarter 2021 earnings released: ฿0.031 loss per share (vs ฿0.091 loss in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.027 (vs ฿0.044 in 1Q 2020)

Price target raised to ฿1.77

New 90-day high: ฿1.96

Singha Estate Public Company Limited (SET:S) agreed to acquire a 30% stake in Angthong Power Company Limited from Whitefords United Pte. Ltd. for approximately THB 560 million.

Full year 2020 earnings released: ฿0.38 loss per share (vs ฿0.17 profit in FY 2019)

Earnings beat expectations, revenue disappoints

Singha Estate Public Company Limited Announces CEO Changes, Effective February 10, 2021

New 90-day high: ฿1.74

Analysts update estimates

New 90-day high: ฿1.57

Third quarter 2020 earnings released: ฿0.038 loss per share

New 90-day low: ฿1.25

New 90-day low: ฿1.33

Price target lowered to ฿1.43

New 90-day low - ฿1.46

Earnings released

Shareholder Returns

Price Volatility

About the Company

Singha Estate Public Company Limited Fundamentals Summary

20.7x