BEM-F Stock Overview

Provides construction and management of expressways in Thailand. More details

BEM-F fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	1/6
Past Performance	3/6
Financial Health	0/6
Dividends	1/6

Rewards

Price-To-Earnings ratio (27.2x) is below the Infrastructure industry average (28.5x)

Earnings are forecast to grow 7.8% per year

Risk Analysis

Interest payments are not well covered by earnings

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

Bangkok Expressway and Metro Public Company Limited Competitors

Don Muang Tollway

SET:DMT

฿12.5b

Bangkok Airways

SET:BA

฿46.0b

Samart Aviation Solutions

SET:SAV

฿12.0b

Anhui Expressway

SEHK:995

HK$24.4b

Price History & Performance

Summary of share price highs, lows and changes for Bangkok Expressway and Metro
Historical stock prices
Current Share Price	฿7.35
52 Week High	฿8.20
52 Week Low	฿7.25
Beta	0.49
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	-8.13%
3 Year Change	-10.91%
5 Year Change	-34.38%
Change since IPO	31.25%

Recent updates

Shareholder Returns

	BEM-F	TH Infrastructure	TH Market
7D	0%	-5.6%	-4.7%
1Y	-8.1%	-5.3%	-3.4%

Return vs Industry: BEM-F underperformed the TH Infrastructure industry which returned -5.3% over the past year.

Return vs Market: BEM-F underperformed the TH Market which returned -3.4% over the past year.

Price Volatility

Is BEM-F's price volatile compared to industry and market?
BEM-F volatility
BEM-F Average Weekly Movement	n/a
Infrastructure Industry Average Movement	3.9%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.9%
10% least volatile stocks in TH Market	2.1%

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

Volatility Over Time: Insufficient data to determine BEM-F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1998	n/a	Plew Trivisvavet	www.bemplc.co.th

Bangkok Expressway and Metro Public Company Limited, together with its subsidiaries, provides construction and management of expressways in Thailand. It operates through four segments: Expressway Business, Rail Business, Commercial Development Business, and Others. The company engages in the construction and operation of expressway; and operation of rapid transit systems.

Bangkok Expressway and Metro Public Company Limited Fundamentals Summary

How do Bangkok Expressway and Metro's earnings and revenue compare to its market cap?
BEM-F fundamental statistics
Market cap	฿102.60b
Earnings (TTM)	฿3.78b
Revenue (TTM)	฿16.82b

27.2x

P/E Ratio

6.1x

P/S Ratio

Is BEM-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BEM-F income statement (TTM)
Revenue	฿16.82b
Cost of Revenue	฿9.35b
Gross Profit	฿7.47b
Other Expenses	฿3.70b
Earnings	฿3.78b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.25
Gross Margin	44.43%
Net Profit Margin	22.45%
Debt/Equity Ratio	227.8%

How did BEM-F perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

56%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 12:59
End of Day Share Price	2024/11/29 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bangkok Expressway and Metro Public Company Limited is covered by 23 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kawee Manitsupavong	Asia Plus Securities Company Limited
Somkij Oranchatchawan	BNP Paribas Securities (Asia)
Pontip Kangvanpanich Kozak	BofA Global Research