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

SPI is good value based on its Price-To-Earnings Ratio (10.3x) compared to the peer average (14.8x).

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

SPI is good value based on its Price-To-Earnings Ratio (10.3x) compared to the TH Real Estate industry average (15x).

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

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

SPI (THB65.75) is trading above our estimate of [[fair value]] (THB9.58)

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.

Saha Pathana Inter-Holding (SET:SPI) - Stock Price, News & Analysis

SPI Stock Overview

Engages in the investment and development of industrial parks in Thailand. More details

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

Rewards

Price-To-Earnings ratio (10.3x) is below the TH market (14.8x)

Earnings grew by 9.4% over the past year

Risk Analysis

No risks detected for SPI from our risk checks.

Saha Pathana Inter-Holding Public Company Limited Competitors

MBK

SET:MBK

฿26.8b

Grand Canal Land

SET:GLAND

฿10.1b

Bangkok Land

SET:BLAND

฿10.4b

Central Pattana

SET:CPN

฿279.4b

Price History & Performance

Summary of all time highs, changes and price drops for Saha Pathana Inter-Holding
Historical stock prices
Current Share Price	฿65.75
52 Week High	฿73.00
52 Week Low	฿59.00
Beta	0.050
11 Month Change	0%
3 Month Change	-1.87%
1 Year Change	-2.95%
33 Year Change	3.95%
5 Year Change	3.14%
Change since IPO	529.84%

Recent updates

Shareholder Returns

	SPI	TH Real Estate	TH Market
7D	0%	0.6%	0.8%
1Y	-3.0%	-10.5%	3.1%

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

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

Price Volatility

Is SPI's price volatile compared to industry and market?
SPI volatility
SPI Average Weekly Movement	3.8%
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: SPI has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: SPI's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1972	n/a	Vichai Kulsomphob	www.spi.co.th

Saha Pathana Inter-Holding Public Company Limited engages in the investment and development of industrial parks in Thailand. The company operates through three segments: Investment in Consumer Goods Business; Investment in Food and Beverage Business; and Industrial Park Development and Investment in Other Businesses. It engages in the development of land for industrial use; rental of land and building, basic utilities, and infrastructure; and sale of land to customers.

Saha Pathana Inter-Holding Public Company Limited Fundamentals Summary

How do Saha Pathana Inter-Holding's earnings and revenue compare to its market cap?
SPI fundamental statistics
Market cap	฿37.60b
Earnings (TTM)	฿3.66b
Revenue (TTM)	฿5.36b

10.3x

P/E Ratio

7.0x

P/S Ratio

Is SPI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPI income statement (TTM)
Revenue	฿5.36b
Cost of Revenue	฿2.56b
Gross Profit	฿2.80b
Other Expenses	-฿862.02m
Earnings	฿3.66b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	6.41
Gross Margin	52.29%
Net Profit Margin	68.37%
Debt/Equity Ratio	35.4%

How did SPI perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

6%

Payout Ratio

Does SPI pay a reliable dividends?

See SPI dividend history and benchmarks

When do you need to buy SPI by to receive an upcoming dividend?
Saha Pathana Inter-Holding dividend dates
Ex Dividend Date	Nov 28 2024
Dividend Pay Date	Dec 13 2024
Days until Ex dividend	6 days
Days until Dividend pay date	21 days

Does SPI pay a reliable dividends?

See SPI dividend history and benchmarks

SPI Stock Overview

Rewards

Risk Analysis

Saha Pathana Inter-Holding Public Company Limited Competitors

SET:MBK

฿26.8b

SET:GLAND

฿10.1b

SET:BLAND

฿10.4b

SET:CPN

฿279.4b

Price History & Performance

Recent News & Updates

First half dividend of ฿0.20 announced

Second quarter 2024 earnings released: EPS: ฿2.69 (vs ฿0.87 in 2Q 2023)

I.C.C. International Public Company Limited (SET:ICC), Bsc So In Company Limited, I.D.F. Company Limited and Saha Pathana Inter-Holding Public Company Limited (SET:SPI) completed the acquisition of TNLX Company Limited from Thanulux Public Company Limited (SET:TNL).

First quarter 2024 earnings released: EPS: ฿0.97 (vs ฿1.82 in 1Q 2023)

Saha Pathana Inter-Holding Public Company Limited Approves Board Committee Changes

Upcoming dividend of ฿0.60 per share

Recent updates

First half dividend of ฿0.20 announced

Second quarter 2024 earnings released: EPS: ฿2.69 (vs ฿0.87 in 2Q 2023)

I.C.C. International Public Company Limited (SET:ICC), Bsc So In Company Limited, I.D.F. Company Limited and Saha Pathana Inter-Holding Public Company Limited (SET:SPI) completed the acquisition of TNLX Company Limited from Thanulux Public Company Limited (SET:TNL).

First quarter 2024 earnings released: EPS: ฿0.97 (vs ฿1.82 in 1Q 2023)

Saha Pathana Inter-Holding Public Company Limited Approves Board Committee Changes

Upcoming dividend of ฿0.60 per share

Saha Pathana Inter-Holding Public Company Limited Announces Remaining Dividend for the Year 2023, Payable on May 21, 2024

Full year 2023 earnings released: EPS: ฿5.41 (vs ฿5.88 in FY 2022)

Final dividend of ฿0.60 announced

Saha Pathana Inter-Holding Public Company Limited, Annual General Meeting, Apr 22, 2024

Saha Pathana Inter-Holding Public Company Limited Announces Chief Financial Officer Changes

Saha Pathana Inter-Holding Public Company Limited Announces Chief Financial Officer Changes

Saha Pathana Inter-Holding Public Company Limited Announces Resignation of Nophorn Bhongsvej as Director and Member of Audit Committee, and Corporate Governance and Risk Management Committee, Effective December 29, 2023

Upcoming dividend of ฿0.20 per share at 1.2% yield

Third quarter 2023 earnings released: EPS: ฿0.86 (vs ฿0.97 in 3Q 2022)

Saha Pathana Inter-Holding Public Company Limited Approves Dividend for the Six Months from January 1, 2023 to June 30, 2023, Payable on December 13, 2023

Saha Pathana Inter-Holding Public Company Limited (SET:SPI) agreed to acquire additional 25% stake in King Square Development Co., Ltd from Sahapat Real Estate Co., Ltd for THB 20.6 million.

Second quarter 2023 earnings released: EPS: ฿0.87 (vs ฿2.00 in 2Q 2022)

First quarter 2023 earnings released: EPS: ฿1.82 (vs ฿0.59 in 1Q 2022)

Upcoming dividend of ฿0.60 per share at 1.2% yield

Saha Pathana Inter-Holding Public Company Limited Announces Board Changes

Upcoming dividend of ฿0.20 per share

Third quarter 2022 earnings released: EPS: ฿0.97 (vs ฿1.45 in 3Q 2021)

Saha Pathana Inter-Holding Public Company Limited Approves Interim Dividend for the First 6 Months Performance During January 1St, 2022 - June 30Th, 2022

Saha Pathana Inter-Holding Public Company Limited Announces Demise of the Mr. Surachai Danaitangtrakul as Company's Director

Saha Pathana Inter-Holding Public Company Limited Announces Board Appointments

Saha Pathana Inter-Holding Public Company Limited Announces Resignation of Somkid Jatusripitak as Director and Chairman of the Board of Directors

Second quarter 2022 earnings released: EPS: ฿2.00 (vs ฿2.36 in 2Q 2021)

First quarter 2022 earnings released: EPS: ฿0.59 (vs ฿0.59 in 1Q 2021)

Saha Pathana Inter-Holding Public Company Limited Approves Annual Dividend, Payable on May 24, 2022

Upcoming dividend of ฿0.60 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Ratch Group Public Company Limited (SET:RATCH) completed the acquisition of 4.82% stake in Sahacogen (Chonburi) Public Company Limited (SET:SCG) from Saha Pathana Inter-Holding Public Company Limited (SET:SPI).

Upcoming dividend of ฿0.20 per share

Third quarter 2021 earnings released: EPS ฿1.45 (vs ฿0.86 in 3Q 2020)

Third quarter 2021 earnings released: EPS ฿1.45 (vs ฿0.86 in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿2.36 (vs ฿1.30 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.59 (vs ฿0.82 in 1Q 2020)

Upcoming dividend of ฿0.50 per share

Full year 2020 earnings released: EPS ฿4.03 (vs ฿3.97 in FY 2019)

Investor sentiment improved over the past week

New 90-day high: ฿63.00

Third quarter 2020 earnings released: EPS ฿0.86

Third quarter 2020 earnings released: EPS ฿0.86

New 90-day low: ฿59.50

Earnings released

Shareholder Returns

Price Volatility

About the Company

Saha Pathana Inter-Holding Public Company Limited Fundamentals Summary

10.3x

7.0x

Earnings & Revenue

Dividends

1.2%

6%