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

TPS is good value based on its Price-To-Earnings Ratio (10.2x) compared to the peer average (12.9x).

How does TPS's PE Ratio compare vs other companies in the Asian IT Industry?

TPS is good value based on its Price-To-Earnings Ratio (10.2x) compared to the Asian IT industry average (24.1x).

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

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

TPS (THB2.88) is trading above our estimate of [[fair value]] (THB0.08)

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.

Practical Solution (SET:TPS) - Stock Price, News & Analysis

TPS Stock Overview

Engages in the distribution and installation of computer network systems in Thailand. More details

TPS fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (10.2x) is below the TH market (14.8x)

Earnings grew by 26.5% over the past year

Risk Analysis

Does not have a meaningful market cap (THB1B)

Dividend of 6.25% is not well covered by free cash flows

Shareholders have been diluted in the past year

The Practical Solution Public Company Limited Competitors

Sirisoft

SET:SRS

฿796.8m

Supreme Distribution

SET:SPREME

฿1.4b

NAT Absolute Technologies

SET:NAT

฿1.4b

I2 Enterprise

SET:I2

฿609.0m

Price History & Performance

Summary of all time highs, changes and price drops for Practical Solution
Historical stock prices
Current Share Price	฿2.88
52 Week High	฿5.65
52 Week Low	฿2.78
Beta	0.10
11 Month Change	-5.88%
3 Month Change	-6.49%
1 Year Change	-4.00%
33 Year Change	14.29%
5 Year Change	60.00%
Change since IPO	54.29%

Recent updates

Shareholder Returns

	TPS	TH IT	TH Market
7D	0%	1.1%	0.8%
1Y	-4.0%	-15.7%	3.1%

Return vs Industry: TPS exceeded the TH IT industry which returned -15.7% over the past year.

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

Price Volatility

Is TPS's price volatile compared to industry and market?
TPS volatility
TPS Average Weekly Movement	4.7%
IT Industry Average Movement	5.4%
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: TPS has not had significant price volatility in the past 3 months compared to the TH market.

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

About the Company

Founded	Employees	CEO	Website
2004	n/a	Bunsom Kitkasetsathaporn	www.thepractical.co.th

The Practical Solution Public Company Limited engages in the distribution and installation of computer network systems in Thailand. It operates through Sales Including Instalment; Maintenance services; Construction; and Others segments. The company also distributes and installs fully integrated communication, wireless communication, network security, and management systems, as well as offers network system management and data center solutions.

The Practical Solution Public Company Limited Fundamentals Summary

How do Practical Solution's earnings and revenue compare to its market cap?
TPS fundamental statistics
Market cap	฿1.20b
Earnings (TTM)	฿117.18m
Revenue (TTM)	฿1.52b

10.2x

P/E Ratio

0.8x

P/S Ratio

Is TPS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TPS income statement (TTM)
Revenue	฿1.52b
Cost of Revenue	฿1.13b
Gross Profit	฿389.25m
Other Expenses	฿272.07m
Earnings	฿117.18m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.28
Gross Margin	25.58%
Net Profit Margin	7.70%
Debt/Equity Ratio	0%

How did TPS perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

59%

Payout Ratio

TPS Stock Overview

Rewards

Risk Analysis

The Practical Solution Public Company Limited Competitors

SET:SRS

฿796.8m

SET:SPREME

฿1.4b

SET:NAT

฿1.4b

SET:I2

฿609.0m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: ฿0.06 (vs ฿0.11 in 3Q 2023)

Now 24% overvalued

Now 23% overvalued

New major risk - Earnings quality

Investor sentiment deteriorates as stock falls 15%

Less than half of directors are independent

Recent updates

Third quarter 2024 earnings released: EPS: ฿0.06 (vs ฿0.11 in 3Q 2023)

Now 24% overvalued

Now 23% overvalued

New major risk - Earnings quality

Investor sentiment deteriorates as stock falls 15%

Less than half of directors are independent

First quarter 2024 earnings released: EPS: ฿0.047 (vs ฿0.034 in 1Q 2023)

Investor sentiment improves as stock rises 24%

The Practical Solution Public Company Limited Approves Dividend Payment for the Accumulated Income as of December 31, 2023, Payable by May 15, 2024

Upcoming dividend of ฿0.18 per share

Investor sentiment improves as stock rises 22%

Now 25% overvalued after recent price rise

New minor risk - Shareholder dilution

New minor risk - Share price stability

Investor sentiment improves as stock rises 25%

Now 20% undervalued

Dividend increased to ฿0.18

The Practical Solution Public Company Limited, Annual General Meeting, Apr 19, 2024

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 22% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.091 in 3Q 2022)

Second quarter 2023 earnings released: EPS: ฿0.069 (vs ฿0.038 in 2Q 2022)

Upcoming dividend of ฿0.10 per share at 3.2% yield

Less than half of directors are independent

The Practical Solution Public Company Limited Announces Directorate Resignations, Effective January 1, 2023

Third quarter 2022 earnings released: EPS: ฿0.09 (vs ฿0.031 in 3Q 2021)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: ฿0.04 (vs ฿0.034 in 2Q 2021)

Less than half of directors are independent

First quarter 2022 earnings released: EPS: ฿0.04 (vs ฿0.008 in 1Q 2021)

The Practical Solution Public Company Limited Announces Dividend for the Year Ended December 31, 2021

Upcoming dividend of ฿0.08 per share

Investor sentiment improved over the past week

The Practical Solution Public Company Limited, Annual General Meeting, Apr 07, 2022

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

The Practical Solution Public Company Limited Announces Board Changes

The Practical Solution Public Company Limited Announces CFO Changes

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ฿0.03 (vs ฿0.032 in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.034 (vs ฿0.046 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.01 (vs ฿0.035 in 1Q 2020)

Investor sentiment improved over the past week

Upcoming dividend of ฿0.04 per share

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS ฿0.19 (vs ฿0.23 in FY 2019)

The Practical Solution Public Company Limited, Annual General Meeting, Mar 30, 2021

New 90-day high: ฿2.62

New 90-day high: ฿2.48

New 90-day low: ฿2.26

Third quarter 2020 earnings released: EPS ฿0.039

The Practical Solution Public Company Limited Announces Management Changes

The Practical Solution Public Company Limited Announces Resignation of Umawan Panlek as Company Secretary, Effective from October 1, 2020

New 90-day high: ฿2.84

New 90-day high - ฿2.74

New 90-day high - ฿2.56

First half earnings released

Shareholder Returns