Bangkok Expressway and Metro Public Company Limited

SET:BEM Stock Report

Market Cap: ฿112.3b

Bangkok Expressway and Metro Past Earnings Performance

Past criteria checks 3/6

Bangkok Expressway and Metro's earnings have been declining at an average annual rate of -2.5%, while the Infrastructure industry saw earnings declining at 1.2% annually. Revenues have been growing at an average rate of 2.6% per year. Bangkok Expressway and Metro's return on equity is 10.3%, and it has net margins of 22.4%.

Key information

-2.5%

Earnings growth rate

-1.6%

EPS growth rate

Infrastructure Industry Growth-16.2%
Revenue growth rate2.6%
Return on equity10.3%
Net Margin22.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Bangkok Expressway and Metro makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SET:BEM Revenue, expenses and earnings (THB Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2416,8233,7761,2370
30 Jun 2416,6413,6791,2230
31 Mar 2416,5253,5771,2310
31 Dec 2316,3743,4791,2410
30 Sep 2316,1243,2231,2290
30 Jun 2315,6803,1161,2140
31 Mar 2315,0342,8491,1970
31 Dec 2214,0292,4361,1600
30 Sep 2213,1542,2291,1520
30 Jun 2211,5691,4751,1340
31 Mar 2210,7101,0411,1100
31 Dec 2110,7271,0101,1600
30 Sep 2111,2991,1841,2530
30 Jun 2112,7181,8971,2980
31 Mar 2112,8041,8491,3560
31 Dec 2013,4892,0511,3470
30 Sep 2014,0532,0031,3440
30 Jun 2014,5562,1181,3370
31 Mar 2015,9325,0831,3280
31 Dec 1916,1075,4351,3360
30 Sep 1915,8955,3971,4280
30 Jun 1915,7667,5801,4000
31 Mar 1915,7005,4401,3820
31 Dec 1815,6145,3171,3640
30 Sep 1815,4495,5921,2380
30 Jun 1815,4023,4121,2130
31 Mar 1815,3083,1571,1840
31 Dec 1715,1533,1231,1440
30 Sep 1715,0652,9571,0950
30 Jun 1714,5962,8241,1060
31 Mar 1713,8102,6061,0410
31 Dec 1613,1042,6069890
30 Sep 1612,3802,0711,0540
30 Jun 1611,9032,7821,0310
31 Mar 1611,8422,7741,0660
31 Dec 1511,7382,6501,1150
30 Sep 1517,9455,6521,4410
30 Jun 1515,6483,9741,2680
31 Mar 1513,4463,3961,0870
31 Dec 1411,2342,7459230
30 Sep 142,693-4142760
30 Jun 142,696-4792750
31 Mar 142,652-5702690
31 Dec 132,537-7672320

Quality Earnings: BEM has high quality earnings.

Growing Profit Margin: BEM's current net profit margins (22.4%) are higher than last year (20%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BEM's earnings have declined by 2.5% per year over the past 5 years.

Accelerating Growth: BEM's earnings growth over the past year (17.2%) exceeds its 5-year average (-2.5% per year).

Earnings vs Industry: BEM earnings growth over the past year (17.2%) did not outperform the Infrastructure industry 34.7%.


Return on Equity

High ROE: BEM's Return on Equity (10.3%) is considered low.


Return on Assets


Return on Capital Employed


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