How does PROEN's PS Ratio compare to its peers?

PROEN is expensive based on its Price-To-Sales Ratio (2.8x) compared to the peer average (1.2x).

How does PROEN's PS Ratio compare vs other companies in the TH Electronic Industry?

PROEN is expensive based on its Price-To-Sales Ratio (2.8x) compared to the TH Electronic industry average (0.7x).

What is PROEN's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate PROEN's Price-To-Sales Fair Ratio for valuation analysis.

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

PROEN (THB4.36) is trading above our estimate of [[fair value]] (THB3.84)

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.

PROEN Corp (SET:PROEN) - Stock Price, News & Analysis

PROEN Stock Overview

Engages in the distribution of IT equipment in Thailand. More details

PROEN fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	1/6

Risk Analysis

Dividend of 2.75% is not well covered by earnings or free cash flows

Earnings have declined by 14.1% per year over past 5 years

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

Shareholders have been diluted in the past year

+ 2 more risks

PROEN Corp Public Company Limited Competitors

Simat Technologies

SET:SIMAT

฿1.5b

nForce Secure

SET:SECURE

฿1.3b

Planet Communications Asia

SET:PLANET

฿852.8m

Metro Systems Corporation

SET:MSC

฿2.8b

Price History & Performance

Summary of all time highs, changes and price drops for PROEN Corp
Historical stock prices
Current Share Price	฿4.36
52 Week High	฿4.36
52 Week Low	฿0.98
Beta	0.033
11 Month Change	15.96%
3 Month Change	149.14%
1 Year Change	49.32%
33 Year Change	-29.68%
5 Year Change	n/a
Change since IPO	-47.78%

Recent updates

Shareholder Returns

	PROEN	TH Electronic	TH Market
7D	19.8%	4.9%	-1.5%
1Y	49.3%	81.7%	1.6%

Return vs Industry: PROEN underperformed the TH Electronic industry which returned 81.7% over the past year.

Return vs Market: PROEN exceeded the TH Market which returned 1.6% over the past year.

Price Volatility

Is PROEN's price volatile compared to industry and market?
PROEN volatility
PROEN Average Weekly Movement	12.4%
Electronic Industry Average Movement	6.7%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.4%
10% least volatile stocks in TH Market	2.4%

Stable Share Price: PROEN's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: PROEN's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

Founded	Employees	CEO	Website
1997	n/a	Kittipan Sri-bua-iam	www.proen.co.th

PROEN Corp Public Company Limited engages in the distribution of IT equipment in Thailand. The company also provides internet data center, internet security, and related services, as well as construction services. In addition, it offers computers and technology training, teaching, and consulting services; and buys, sells, and services machinery and other equipment for construction work.

PROEN Corp Public Company Limited Fundamentals Summary

How do PROEN Corp's earnings and revenue compare to its market cap?
PROEN fundamental statistics
Market cap	฿1.71b
Earnings (TTM)	-฿32.33m
Revenue (TTM)	฿610.13m

2.8x

P/S Ratio

-52.9x

P/E Ratio

Is PROEN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PROEN income statement (TTM)
Revenue	฿610.13m
Cost of Revenue	฿487.07m
Gross Profit	฿123.06m
Other Expenses	฿155.39m
Earnings	-฿32.33m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.082
Gross Margin	20.17%
Net Profit Margin	-5.30%
Debt/Equity Ratio	120.9%

How did PROEN perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

191%

Payout Ratio

PROEN Stock Overview

Risk Analysis

PROEN Corp Public Company Limited Competitors

SET:SIMAT

฿1.5b

SET:SECURE

฿1.3b

SET:PLANET

฿852.8m

SET:MSC

฿2.8b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: ฿0.05 loss per share (vs ฿0.017 profit in 3Q 2023)

PROEN Corp Public Company Limited Announces Resignation of Somkiat Yubanphaeo as Director

PROEN Corp Public Company Limited Appoints Mr. Artis Phetcharattana as A Director

PROEN Corp Public Company Limited (SET:PROEN) agreed to acquire 30% stake in Seashore Data Center and Cloud Services Co., Ltd. from Veritas Data Centre Company Limited for approximately THB 265 million.

Now 24% overvalued

Second quarter 2024 earnings released: ฿0.05 loss per share (vs ฿0.017 profit in 2Q 2023)

Recent updates

Third quarter 2024 earnings released: ฿0.05 loss per share (vs ฿0.017 profit in 3Q 2023)

PROEN Corp Public Company Limited Announces Resignation of Somkiat Yubanphaeo as Director

PROEN Corp Public Company Limited Appoints Mr. Artis Phetcharattana as A Director

PROEN Corp Public Company Limited (SET:PROEN) agreed to acquire 30% stake in Seashore Data Center and Cloud Services Co., Ltd. from Veritas Data Centre Company Limited for approximately THB 265 million.

Now 24% overvalued

Second quarter 2024 earnings released: ฿0.05 loss per share (vs ฿0.017 profit in 2Q 2023)

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 17%

PROEN Corp Public Company Limited Announces Chief Financial Officer Changes

New major risk - Market cap size

Investor sentiment improves as stock rises 15%

Investor sentiment deteriorates as stock falls 16%

First quarter 2024 earnings released: ฿0.01 loss per share (vs ฿0.005 loss in 1Q 2023)

New major risk - Share price stability

Investor sentiment improves as stock rises 21%

Full year 2023 earnings released: EPS: ฿0.05 (vs ฿0.21 in FY 2022)

PROEN Corp Public Company Limited Appoints Kullakarn Jirakulkanwara as Company Secretary, Effective from February 27, 2024

Investor sentiment deteriorates as stock falls 20%

New minor risk - Share price stability

PROEN Corp Public Company Limited Announces Board Changes

Investor sentiment improves as stock rises 16%

Proen Corp Public Company Limited Announces Resignation of Mr. Nopparat Phutaviriya as Independent Director and Chairman of Audit Committee

PROEN Corp Public Company Limited Announces Resignation of Siriwan Lueanloi as Company Secretary

New minor risk - Profit margin trend

PROEN Corp Public Company Limited Appoints Siriwan Lueanloi as Company Secretary

Second quarter 2023 earnings released: EPS: ฿0.02 (vs ฿0.05 in 2Q 2022)

Less than half of directors are independent

New minor risk - Shareholder dilution

Investor sentiment deteriorates as stock falls 16%

Proen Corp Public Company Limited Announces Resignation of Phuwadon Muangsue as Company Secretary

Upcoming dividend of ฿0.12 per share at 2.1% yield

Investor sentiment improves as stock rises 17%

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released: EPS: ฿0.08 (vs ฿0.002 in 3Q 2021)

Third quarter 2022 earnings released: EPS: ฿0.08 (vs ฿0.002 in 3Q 2021)

PROEN Corp Public Company Limited Appoints Pranai Kungwalrut as Independent Director

Second quarter 2022 earnings released: EPS: ฿0.05 (vs ฿0.038 in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS: ฿0.05 (vs ฿0.04 in 1Q 2021)

Investor sentiment deteriorated over the past week

Upcoming dividend of ฿0.058 per share

Less than half of directors are independent

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

PROEN Corp Public Company Limited Proposes Dividend for the Period from 1 April 2021 31 December 2021, Payable within 25 May 2022

Less than half of directors are independent

Third quarter 2021 earnings released: EPS ฿0.001 (vs ฿0.005 in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.04 (vs ฿0.08 in 2Q 2020)

Investor sentiment improved over the past week

Proen Corp Public Company Limited Announces Interim Cash Dividend for the Period from Jan.1, 2021 to March 31, 2021, Payable on June 11, 2021

Full year 2020 earnings released: EPS ฿0.11 (vs ฿0.09 in FY 2019)

PROEN Corp Public Company Limited has completed an IPO in the amount of THB 279.5 million.

Shareholder Returns

Price Volatility

About the Company

PROEN Corp Public Company Limited Fundamentals Summary

2.8x

-52.9x

Earnings & Revenue

Dividends