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

SC is good value based on its Price-To-Earnings Ratio (5.9x) compared to the peer average (14.9x).

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

SC is good value based on its Price-To-Earnings Ratio (5.9x) compared to the TH Real Estate industry average (15x).

What is SC'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.

SC is good value based on its Price-To-Earnings Ratio (5.9x) compared to the estimated Fair Price-To-Earnings Ratio (7.7x).

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

SC (THB2.84) is trading below our estimate of [[fair value]] (THB13.19)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

SC Asset Corporation (SET:SC) - Stock Price, News & Analysis

SC Stock Overview

Engages in the real estate development business in Thailand. More details

SC fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	2/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 78.5% below our estimate of its fair value

Earnings are forecast to grow 7.63% per year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 7.39% is not well covered by free cash flows

SC Asset Corporation Public Company Limited Competitors

Siamese Asset

SET:SA

฿8.9b

Origin Property

SET:ORI

฿10.4b

Quality Houses

SET:QH

฿19.2b

Pruksa Holding

SET:PSH

฿18.9b

Price History & Performance

Summary of all time highs, changes and price drops for SC Asset Corporation
Historical stock prices
Current Share Price	฿2.84
52 Week High	฿4.00
52 Week Low	฿2.30
Beta	0.66
11 Month Change	-4.70%
3 Month Change	2.16%
1 Year Change	-11.80%
33 Year Change	-17.92%
5 Year Change	22.41%
Change since IPO	33.13%

Recent updates

Shareholder Returns

	SC	TH Real Estate	TH Market
7D	-2.1%	0.6%	0.8%
1Y	-11.8%	-10.5%	3.1%

Return vs Industry: SC underperformed the TH Real Estate industry which returned -10.5% over the past year.

Return vs Market: SC underperformed the TH Market which returned 3.1% over the past year.

Price Volatility

Is SC's price volatile compared to industry and market?
SC volatility
SC Average Weekly Movement	5.4%
Real Estate Industry Average Movement	4.8%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.4%

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

Volatility Over Time: SC's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1989	n/a	Nuttaphong Kunakornwong	www.scasset.com

SC Asset Corporation Public Company Limited, together with its subsidiaries, engages in the real estate development business in Thailand. It operates through Real Estates Sales; Rental and Rendering of Services; and Consulting and Management Service segments. The company develops and sells single detached houses, townhomes, and condominiums, as well as home offices; and rents office and technical buildings.

SC Asset Corporation Public Company Limited Fundamentals Summary

How do SC Asset Corporation's earnings and revenue compare to its market cap?
SC fundamental statistics
Market cap	฿12.15b
Earnings (TTM)	฿2.07b
Revenue (TTM)	฿23.27b

5.9x

P/E Ratio

0.5x

P/S Ratio

Is SC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SC income statement (TTM)
Revenue	฿23.27b
Cost of Revenue	฿16.15b
Gross Profit	฿7.12b
Other Expenses	฿5.05b
Earnings	฿2.07b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.48
Gross Margin	30.58%
Net Profit Margin	8.90%
Debt/Equity Ratio	157.2%

How did SC perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

43%

Payout Ratio

SC Stock Overview

Rewards

Risk Analysis

SC Asset Corporation Public Company Limited Competitors

SET:SA

฿8.9b

SET:ORI

฿10.4b

SET:QH

฿19.2b

SET:PSH

฿18.9b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings: EPS misses analyst expectations

Investor sentiment improves as stock rises 16%

Price target decreased by 7.6% to ฿3.08

First half dividend reduced to ฿0.05

Second quarter 2024 earnings: EPS misses analyst expectations

Price target decreased by 11% to ฿3.33

Recent updates

Third quarter 2024 earnings: EPS misses analyst expectations

Investor sentiment improves as stock rises 16%

Price target decreased by 7.6% to ฿3.08

First half dividend reduced to ฿0.05

Second quarter 2024 earnings: EPS misses analyst expectations

Price target decreased by 11% to ฿3.33

First quarter 2024 earnings released: EPS: ฿0.043 (vs ฿0.13 in 1Q 2023)

SC Asset Corporation Public Company Limited Approves Dividend for the Year 2023, Payable on May 21, 2024

Upcoming dividend of ฿0.16 per share

Final dividend reduced to ฿0.16

SC Asset Corporation Public Company Limited Proposes Total Dividend for the Year 2023, Payable on 21 May 2024

Full year 2023 earnings released: EPS: ฿0.58 (vs ฿0.61 in FY 2022)

New major risk - Revenue and earnings growth

Price target decreased by 9.7% to ฿4.53

Third quarter 2023 earnings: EPS misses analyst expectations

Upcoming dividend of ฿0.08 per share at 5.8% yield

Second quarter 2023 earnings released: EPS: ฿0.14 (vs ฿0.14 in 2Q 2022)

First quarter 2023 earnings: EPS misses analyst expectations

Upcoming dividend of ฿0.17 per share at 5.9% yield

Full year 2022 earnings released: EPS: ฿0.61 (vs ฿0.49 in FY 2021)

Price target increased by 12% to ฿5.04

SC Asset Corporation Public Company Limited Announces Retirement of Pradthana Patsaman as Chief Financial Officer

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: ฿0.15 (vs ฿0.13 in 3Q 2021)

Now 20% undervalued

Upcoming dividend of ฿0.08 per share

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

SC Asset Corporation Public Company Limited Approves Interim Dividend, Payable on September 7, 2022

Now 21% undervalued after recent price drop

High number of new directors

Now 20% undervalued after recent price drop

SC Asset Corporation Public Company Limited Announces Committee Changes

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

SC Asset Corporation Public Company Limited Approves Board Appointments

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

SC Asset Corporation Public Company Limited Proposes Dividend for the Year 2021, Payable on 19 May 2022

Price target increased to ฿3.70

Third quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.16 in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.12 (vs ฿0.11 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.10 (vs ฿0.072 in 1Q 2020)

Upcoming dividend of ฿0.18 per share

Price target increased to ฿3.17

New 90-day high: ฿2.96

Full year 2020 earnings released: EPS ฿0.45 (vs ฿0.48 in FY 2019)

Revenue and earnings beat expectations

SC Asset Corporation Public Company Limited, Annual General Meeting, Apr 22, 2021

Price target raised to ฿2.67

New 90-day high: ฿2.84

Analysts increase EPS estimates to ฿0.44

Analysts increase EPS estimates to ฿0.41

Third quarter 2020 earnings released: EPS ฿0.16

New 90-day high: ฿2.40

New 90-day low: ฿2.16

Price target raised to ฿2.37

First half earnings released

New 90-day high - ฿2.32

Shareholder Returns