SET:PTG

Stock Analysis Report

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Executive Summary

PTG Energy Public Company Limited trades in petroleum products, gas products, and supplies and equipment for oil service stations in Thailand.


Snowflake Analysis

Solid track record with imperfect balance sheet.


Similar Companies

Share Price & News

How has Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PTG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.7%

PTG

3.5%

TH Specialty Retail

1.9%

TH Market


1 Year Return

8.6%

PTG

-8.8%

TH Specialty Retail

-19.3%

TH Market

Return vs Industry: PTG exceeded the TH Specialty Retail industry which returned -8.8% over the past year.

Return vs Market: PTG exceeded the TH Market which returned -19.3% over the past year.


Shareholder returns

PTGIndustryMarket
7 Day0.7%3.5%1.9%
30 Day15.3%11.8%3.7%
90 Day4.9%9.4%-9.8%
1 Year10.1%8.6%-6.6%-8.8%-16.1%-19.3%
3 Year-26.1%-29.1%16.5%8.6%-12.7%-21.1%
5 Year32.4%23.8%93.1%72.6%-3.7%-18.6%

Price Volatility Vs. Market

How volatile is Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Energy undervalued compared to its fair value and its price relative to the market?

20.32x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PTG (฿15.1) is trading above our estimate of fair value (฿14.45)

Significantly Below Fair Value: PTG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PTG is poor value based on its PE Ratio (20.3x) compared to the Specialty Retail industry average (20.1x).

PE vs Market: PTG is poor value based on its PE Ratio (20.3x) compared to the TH market (14.1x).


Price to Earnings Growth Ratio

PEG Ratio: PTG is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: PTG is overvalued based on its PB Ratio (3.7x) compared to the TH Specialty Retail industry average (1.4x).


Next Steps

Future Growth

How is Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

14.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PTG's forecast earnings growth (14% per year) is above the savings rate (2.3%).

Earnings vs Market: PTG's earnings (14% per year) are forecast to grow slower than the TH market (20% per year).

High Growth Earnings: PTG's earnings are forecast to grow, but not significantly.

Revenue vs Market: PTG's revenue (6.1% per year) is forecast to grow slower than the TH market (9.5% per year).

High Growth Revenue: PTG's revenue (6.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PTG's Return on Equity is forecast to be low in 3 years time (19.6%).


Next Steps

Past Performance

How has Energy performed over the past 5 years?

13.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTG has high quality earnings.

Growing Profit Margin: PTG's current net profit margins (1%) are higher than last year (0.8%).


Past Earnings Growth Analysis

Earnings Trend: PTG's earnings have grown by 13.1% per year over the past 5 years.

Accelerating Growth: PTG's earnings growth over the past year (41.7%) exceeds its 5-year average (13.1% per year).

Earnings vs Industry: PTG earnings growth over the past year (41.7%) exceeded the Specialty Retail industry 13%.


Return on Equity

High ROE: PTG's Return on Equity (18%) is considered low.


Next Steps

Financial Health

How is Energy's financial position?


Financial Position Analysis

Short Term Liabilities: PTG's short term assets (฿2.7B) do not cover its short term liabilities (฿11.1B).

Long Term Liabilities: PTG's short term assets (฿2.7B) do not cover its long term liabilities (฿22.2B).


Debt to Equity History and Analysis

Debt Level: PTG's debt to equity ratio (126.6%) is considered high.

Reducing Debt: PTG's debt to equity ratio has increased from 0.3% to 126.6% over the past 5 years.

Debt Coverage: PTG's debt is well covered by operating cash flow (42.9%).

Interest Coverage: PTG's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Energy's current dividend yield, its reliability and sustainability?

1.32%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PTG's dividend (1.32%) isn’t notable compared to the bottom 25% of dividend payers in the TH market (2.71%).

High Dividend: PTG's dividend (1.32%) is low compared to the top 25% of dividend payers in the TH market (7.53%).


Stability and Growth of Payments

Stable Dividend: PTG is not paying a notable dividend for the TH market, therefore no need to check if payments are stable.

Growing Dividend: PTG is not paying a notable dividend for the TH market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: PTG is not paying a notable dividend for the TH market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PTG's dividend in 3 years as they are not forecast to pay a notable one for the TH market.


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Pitak Ratchakitprakarn (54yo)

14.17yrs

Tenure

฿1,388,656

Compensation

Mr. Pitak Ratchakitprakarn has been the Chief Executive Officer and President at PTG Energy Public Company Limited since Mar 01, 2006. Mr. Ratchakitprakarn has been Chairman of the Board and Managing Dire ...


Leadership Team

NamePositionTenureCompensationOwnership
Pitak Ratchakitprakarn
President14.17yrs฿1.39m6% ฿1.5b
Pongsak Vachirasakpanich
Executive Director8.08yrs฿1.63m8.69% ฿2.2b
Rangsun Puangprang
Executive VP & Director14.42yrs฿1.39m0.16% ฿39.9m
Chatkaew Gajaseni
Executive Director9.08yrs฿1.46m0.72% ฿180.2m
Patchanok Worasakyotin
Assistant Director-Accounting & Finance Department0.17yrno datano data
Chalong Tiratraipusit
Executive of Corporate Communication4.58yrsno datano data
Suwatchai Pitakwongsaporn
Executive of Sales Department5.33yrsno datano data
Sumaree Panniyom
Head of Internal Audit Divisionno datano datano data
Chaiwat Lertvanarin
Executive Vice President3.92yrsno data0.000060% ฿14.9k
Pumipat Sinacharoen
Executive Vice President2.58yrsno data0.022% ฿5.5m

4.3yrs

Average Tenure

53yo

Average Age

Experienced Management: PTG's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pitak Ratchakitprakarn
President14.17yrs฿1.39m6% ฿1.5b
Pongsak Vachirasakpanich
Executive Director8.08yrs฿1.63m8.69% ฿2.2b
Rangsun Puangprang
Executive VP & Director14.42yrs฿1.39m0.16% ฿39.9m
Chatkaew Gajaseni
Executive Director9.08yrs฿1.46m0.72% ฿180.2m
Soontorn Saikwan
Independent Chairman of the Board of Directors8yrs฿1.39mno data
Supote Pitayapongpat
Independent Director8yrs฿1.68m0.0060% ฿1.5m
Wanchai Rattanawong
Independent Director6.08yrs฿1.62m0.0021% ฿522.5k
Vuthichai Duangratana
Independent Director4.33yrs฿1.59m0.0012% ฿298.6k
Jarusrak Nitayanurak
Director13.33yrs฿1.02m4.9% ฿1.2b
Krairawee Sirikul
Director3.42yrs฿1.19mno data

8.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: PTG's board of directors are considered experienced (8 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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

PTG Energy Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PTG Energy Public Company Limited
  • Ticker: PTG
  • Exchange: SET
  • Founded: 1988
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: ฿24.883b
  • Shares outstanding: 1.67b
  • Website: https://www.ptgenergy.co.th

Location

  • PTG Energy Public Company Limited
  • 90, CW Tower A Building
  • 33rd Floor
  • Bangkok
  • 10310
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PTGSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBMay 2013
PTG-FTHAMSE (Bangkok-Alien Market Stock Exchange)THB1(ALIEN MKT)THTHBMay 2013
PTG-RSET (The Stock Exchange of Thailand)THB1(NVDR)THTHBMay 2013

Biography

PTG Energy Public Company Limited trades in petroleum products, gas products, and supplies and equipment for oil service stations in Thailand. The company also trades in consumable products; and operates petrol stations. Its fuel products include diesel and gasoline. The company also trades in foods and beverages; operates coffee shops under the Pun Thai Coffee name; and engages in the transportation of fuel. In addition, it is involved in the production and trading of ethanol; provision of construction services; and operation of tank farms and service stations. Further, the company develops communication tools equipment. The company was formerly known as Paktai Chueplerng Company Limited. PTG Energy Public Company Limited was founded in 1988 and is headquartered in Bangkok, Thailand. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/25 16:55
End of Day Share Price2020/05/25 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.