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

BVG is expensive based on its Price-To-Earnings Ratio (22.2x) compared to the peer average (11.2x).

How does BVG's PE Ratio compare vs other companies in the Asian Software Industry?

BVG is good value based on its Price-To-Earnings Ratio (22.2x) compared to the Asian Software industry average (28.9x).

What is BVG'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.

BVG is expensive based on its Price-To-Earnings Ratio (22.2x) compared to the estimated Fair Price-To-Earnings Ratio (13.8x).

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

BVG (THB2.82) is trading above our estimate of [[fair value]] (THB2.39)

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.

BlueVenture Group (SET:BVG) - Stock Price, News & Analysis

BVG Stock Overview

Offers software solutions for motor claim industry. More details

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

Rewards

Price-To-Earnings ratio (22.2x) is below the Software industry average (28.9x)

Earnings are forecast to grow 13.74% per year

Risk Analysis

High level of non-cash earnings

Highly volatile share price over the past 3 months compared to the TH market

Dividend of 2.94% is not well covered by free cash flows

Does not have a meaningful market cap (THB1B)

BlueVenture Group Public Company Limited Competitors

Netbay

SET:NETBAY

฿3.1b

TBN Corporation

SET:TBN

฿620.0m

Supreme Distribution

SET:SPREME

฿1.4b

NAT Absolute Technologies

SET:NAT

฿1.4b

Price History & Performance

Summary of all time highs, changes and price drops for BlueVenture Group
Historical stock prices
Current Share Price	฿2.82
52 Week High	฿6.25
52 Week Low	฿1.96
Beta	0
11 Month Change	-6.00%
3 Month Change	18.49%
1 Year Change	-29.15%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-56.62%

Recent updates

Shareholder Returns

	BVG	TH Software	TH Market
7D	-2.1%	-0.6%	0.8%
1Y	-29.1%	-25.7%	3.1%

Return vs Industry: BVG underperformed the TH Software industry which returned -25.7% over the past year.

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

Price Volatility

Is BVG's price volatile compared to industry and market?
BVG volatility
BVG Average Weekly Movement	10.8%
Software Industry Average Movement	7.4%
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: BVG's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: BVG's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

Founded	Employees	CEO	Website
2000	n/a	Nawarat Wongthitirat	www.blueventuregroup.co.th

BlueVenture Group Public Company Limited offers software solutions for motor claim industry. It offers AI solutions for motor claims management, such as AI Review that helps automate the claims settlement process; and AI Estimating that enables visual assessments to understand damage and accelerate claims. The company provides claim notification suite comprising M-Survey, a system that combines a platform between web applications and mobile apps; e-Survey, a system that helps surveyors to collect relevant information at the accident scene; and CarMate, a mobile application that includes services for vehicle usage.

BlueVenture Group Public Company Limited Fundamentals Summary

How do BlueVenture Group's earnings and revenue compare to its market cap?
BVG fundamental statistics
Market cap	฿1.31b
Earnings (TTM)	฿57.17m
Revenue (TTM)	฿528.69m

22.2x

P/E Ratio

2.4x

P/S Ratio

Is BVG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BVG income statement (TTM)
Revenue	฿528.69m
Cost of Revenue	฿267.64m
Gross Profit	฿261.04m
Other Expenses	฿203.87m
Earnings	฿57.17m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.13
Gross Margin	49.38%
Net Profit Margin	10.81%
Debt/Equity Ratio	0%

How did BVG perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

65%

Payout Ratio

BVG Stock Overview

Rewards

Risk Analysis

BlueVenture Group Public Company Limited Competitors

SET:NETBAY

฿3.1b

SET:TBN

฿620.0m

SET:SPREME

฿1.4b

SET:NAT

฿1.4b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.043 in 3Q 2023)

Now 23% overvalued after recent price rise

Blueventure Group Public Company Limited Announces Resignation of Ekasak Tangsujaritpunt from the Position of the Director, Independent Director and Member of Audit Committee

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 34%

Now 41% overvalued after recent price rise

Recent updates

Third quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.043 in 3Q 2023)

Now 23% overvalued after recent price rise

Blueventure Group Public Company Limited Announces Resignation of Ekasak Tangsujaritpunt from the Position of the Director, Independent Director and Member of Audit Committee

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 34%

Now 41% overvalued after recent price rise

First half dividend increased to ฿0.034

Second quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.031 in 2Q 2023)

BlueVenture Group Public Company Limited Approves Interim Cash Dividend for the Period from January 1, 2024 to June 30, 2024, Payable on September 6, 2024

New major risk - Share price stability

Now 21% overvalued

Now 21% overvalued

Investor sentiment deteriorates as stock falls 16%

Investor sentiment deteriorates as stock falls 15%

New minor risk - Dividend sustainability

Investor sentiment deteriorates as stock falls 16%

New major risk - Share price stability

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

Investor sentiment improves as stock rises 22%

Blueventure Group Public Company Limited Announces Demise of Singha Nikornpun, Chairman of the Board, Independent Director and Member of Audit Committee

Upcoming dividend of ฿0.049 per share

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

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

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

BlueVenture Group Public Company Limited, Annual General Meeting, Apr 25, 2024

Third quarter 2023 earnings released: EPS: ฿0.04 (vs ฿0.051 in 3Q 2022)

Upcoming dividend of ฿0.027 per share at 1.5% yield

BlueVenture Group Public Company Limited Approves Interim Cash Dividend for the Period from January 1, 2023 to June 30, 2023, Payable on September 8, 2023

Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.043 in 2Q 2022)

Blueventure Group Public Company Limited Announces Appointment of Investment Committee and the Information Technology Committee

Investor sentiment deteriorates as stock falls 15%

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 15%

Shareholder Returns

Price Volatility

About the Company

BlueVenture Group Public Company Limited Fundamentals Summary

22.2x

2.4x

Earnings & Revenue

Dividends

2.9%

65%