SET:JWD

Stock Analysis Report

Executive Summary

JWD InfoLogistics Public Company Limited, together with its subsidiaries, engages in the integrated logistics business in Thailand, Taiwan, the United States, Myanmar, Laos, Cambodia, and internationally.


Snowflake Analysis

Solid track record with mediocre balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-9.7%

JWD

-7.3%

TH Logistics

-2.8%

TH Market


1 Year Return

-38.2%

JWD

-43.0%

TH Logistics

-32.8%

TH Market

Return vs Industry: JWD exceeded the TH Logistics industry which returned -43% over the past year.

Return vs Market: JWD underperformed the TH Market which returned -32.8% over the past year.


Shareholder returns

JWDIndustryMarket
7 Day-9.7%-7.3%-2.8%
30 Day-22.1%-15.9%-21.3%
90 Day-35.0%-31.8%-30.3%
1 Year-36.6%-38.2%-41.3%-43.0%-30.4%-32.8%
3 Year-43.8%-46.9%-27.2%-29.8%-26.4%-33.2%
5 Yearn/a-43.9%-48.6%-22.2%-33.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

14.34x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JWD (฿5.1) is trading above our estimate of fair value (฿4.89)

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


Price To Earnings Ratio

PE vs Industry: JWD is good value based on its PE Ratio (14.3x) compared to the Logistics industry average (14.3x).

PE vs Market: JWD is poor value based on its PE Ratio (14.3x) compared to the TH market (11.2x).


Price to Earnings Growth Ratio

PEG Ratio: JWD is poor value based on its PEG Ratio (86.2x)


Price to Book Ratio

PB vs Industry: JWD is overvalued based on its PB Ratio (1.7x) compared to the TH Logistics industry average (1.1x).


Next Steps

Future Growth

How is JWD InfoLogistics forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

0.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JWD's forecast earnings growth (0.2% per year) is below the savings rate (1.7%).

Earnings vs Market: JWD's earnings (0.2% per year) are forecast to grow slower than the TH market (9.1% per year).

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

Revenue vs Market: JWD's revenue (1.6% per year) is forecast to grow slower than the TH market (7% per year).

High Growth Revenue: JWD's revenue (1.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JWD's Return on Equity is forecast to be low in 3 years time (12.1%).


Next Steps

Past Performance

How has JWD InfoLogistics performed over the past 5 years?

18.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JWD has high quality earnings.

Growing Profit Margin: JWD's current net profit margins (10.1%) are higher than last year (6.9%).


Past Earnings Growth Analysis

Earnings Trend: JWD's earnings have grown by 18.9% per year over the past 5 years.

Accelerating Growth: JWD's earnings growth over the past year (61.6%) exceeds its 5-year average (18.9% per year).

Earnings vs Industry: JWD earnings growth over the past year (61.6%) exceeded the Logistics industry 9.9%.


Return on Equity

High ROE: JWD's Return on Equity (10.8%) is considered low.


Next Steps

Financial Health

How is JWD InfoLogistics's financial position?


Financial Position Analysis

Short Term Liabilities: JWD's short term assets (฿2.3B) do not cover its short term liabilities (฿2.5B).

Long Term Liabilities: JWD's short term assets (฿2.3B) exceed its long term liabilities (฿2.1B).


Debt to Equity History and Analysis

Debt Level: JWD's debt to equity ratio (106.2%) is considered high.

Reducing Debt: JWD's debt to equity ratio has reduced from 206.9% to 106.2% over the past 5 years.

Debt Coverage: JWD's debt is not well covered by operating cash flow (13%).

Interest Coverage: JWD's interest payments on its debt are well covered by EBIT (6.7x coverage).


Balance Sheet

Inventory Level: JWD has a high level of physical assets or inventory.

Debt Coverage by Assets: JWD's debt is not covered by short term assets (assets are 0.7x debt).


Next Steps

Dividend

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

4.90%

Current Dividend Yield


Upcoming Dividend Payment

TodayMar 29 2020Ex Dividend DateMay 07 2020Dividend Pay DateMay 26 202019 days from Ex DividendBuy in the next 38 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: JWD's dividend (4.9%) is higher than the bottom 25% of dividend payers in the TH market (3.39%).

High Dividend: JWD's dividend (4.9%) is low compared to the top 25% of dividend payers in the TH market (8.97%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, JWD has been paying a dividend for less than 10 years.

Growing Dividend: JWD's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (70.3%), JWD's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JWD's dividends in 3 years are not forecast to be well covered by earnings (92.6% payout ratio).


Next Steps

Management

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

6.1yrs

Average board tenure


CEO

Bunditkitsada Charvanin (43yo)

no data

Tenure

฿110,000

Compensation

Mr. Charvanin Bunditkitsada serves as the Chief Executive Officer at JWD Infologistics Public Company Limited and also serves as it's Acting Senior Vice President of Operations. Mr. Bunditkitsada has been  ...


Board Members

NamePositionTenureCompensationOwnership
Bunditkitsada Charvanin
CEO, Acting Senior VP of Operations & Directorno data฿110.00k37.83% ฿2.0b
Amrapharn Bunditkitsada
Senior Vice President of Administration & Purchasing9.33yrs฿110.00k5.06% ฿263.4m
Tanate Piriyothinkul
Senior VP of Business Development & Director5.08yrs฿120.00k0.12% ฿6.1m
Jitchai Nimitpanya
Deputy CEO & Director5.92yrs฿130.00k9.4% ฿489.0m
Achara Nimitpanya
MD of Cold Chain Business & Director5.92yrs฿110.00kno data
Vichaya Chatikavanij
Independent Director6.08yrs฿540.00kno data
Somboon Prasitjutrakul
Director3.08yrs฿460.00kno data
Vichate Tantiwanich
Independent Director6.08yrs฿585.00kno data
Mangkorn Dhanasarnsilp
Independent Chairman of the Board6.08yrs฿630.00k0.0050% ฿260.1k

6.1yrs

Average Tenure

54yo

Average Age

Experienced Board: JWD's board of directors are considered experienced (6.1 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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

JWD InfoLogistics Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JWD InfoLogistics Public Company Limited
  • Ticker: JWD
  • Exchange: SET
  • Founded: 1979
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: ฿5.202b
  • Shares outstanding: 1.02b
  • Website: https://www.jwd-group.com

Location

  • JWD InfoLogistics Public Company Limited
  • 36 Krungthep Kreetha Road
  • Huamark
  • Bangkok
  • 10240
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JWD-RSET (The Stock Exchange of Thailand)THB0.50(NVDR)THTHBSep 2015
JWDSET (The Stock Exchange of Thailand)YesCommon StockTHTHBSep 2015

Biography

JWD InfoLogistics Public Company Limited, together with its subsidiaries, engages in the integrated logistics business in Thailand, Taiwan, the United States, Myanmar, Laos, Cambodia, and internationally. The company operates through six segments: Integrated Logistics, Supply Chain and Warehouse Management; Transportation Services; Domestic and International Removal; Record and Information Storage; Foods; and Others. It offers warehousing and yard management, customs clearance, and transportation and distribution management, as well as consultancy and other value added services; and logistics software development services. The company also develops office property; provides warehouse investment consultation, rental, and management services; and offers property management services, including facility, financial, environment and power, and safety management, as well as building inspection and fire exercise services. In addition, it offers house, factory, office, and fine arts and exhibition items removal services; self storage services; record and information management services; and IT solutions for supply chain management. Further, the company provides buildings and other construction facilities rental, moving, land rental, in-land and freight transportation, port, carriage, goods packing and handling, cargo container, and cold storage services; sells temperature controlled equipment; and sells and installs electronics devices, software applications, and network services. It primarily serves customers in automotive and parts, chemicals and dangerous goods, and food and cold chain sectors. JWD InfoLogistics Public Company Limited was founded in 1979 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 Analysis2020/03/28 16:49
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
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.