PSL-F Stock Overview

Owns and operates dry bulk ships on a tramp shipping basis worldwide. More details

PSL-F fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	2/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 44% below our estimate of its fair value

Earnings are forecast to grow 25.43% per year

Risk Analysis

Shares are highly illiquid

Dividend of 21.08% is not well covered by cash flows

Profit margins (18.9%) are lower than last year (59.5%)

My Notes

Capture your thoughts, links and company narrative

Precious Shipping Public Company Limited Competitors

Regional Container Lines

SET:RCL

฿19.1b

Ama Marine

SET:AMA

฿2.2b

Don Muang Tollway

SET:DMT

฿12.3b

Samart Aviation Solutions

SET:SAV

฿10.9b

Price History & Performance

Summary of share price highs, lows and changes for Precious Shipping
Historical stock prices
Current Share Price	฿9.20
52 Week High	฿9.20
52 Week Low	฿3.96
Beta	1.44
1 Month Change	0%
3 Month Change	132.32%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-37.45%

Recent updates

Shareholder Returns

	PSL-F	TH Shipping	TH Market
7D	0%	-5.1%	-3.4%
1Y	n/a	-16.6%	-7.5%

Return vs Industry: Insufficient data to determine how PSL-F performed against the TH Shipping industry.

Return vs Market: Insufficient data to determine how PSL-F performed against the TH Market.

Price Volatility

Is PSL-F's price volatile compared to industry and market?
PSL-F volatility
PSL-F Average Weekly Movement	n/a
Shipping Industry Average Movement	4.5%
Market Average Movement	4.7%
10% most volatile stocks in TH Market	9.3%
10% least volatile stocks in TH Market	2.1%

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

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

About the Company

Founded	Employees	CEO	Website
1989	n/a	Khalid Hashim	www.preciousshipping.com

Precious Shipping Public Company Limited owns and operates dry bulk ships on a tramp-shipping basis worldwide. It is involved in the chartering and owning of ships, as well as in marine transportation. The company’s cargoes primarily handle cement, agricultural products, steel, fertilizers, ores and concentrates, coal, logs, and other items.

Precious Shipping Public Company Limited Fundamentals Summary

How do Precious Shipping's earnings and revenue compare to its market cap?
PSL-F fundamental statistics
Market cap	฿12.94b
Earnings (TTM)	฿1.01b
Revenue (TTM)	฿5.35b

12.8x

P/E Ratio

2.4x

P/S Ratio

Is PSL-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PSL-F income statement (TTM)
Revenue	฿5.35b
Cost of Revenue	฿2.12b
Gross Profit	฿3.23b
Other Expenses	฿2.22b
Earnings	฿1.01b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.65
Gross Margin	60.40%
Net Profit Margin	18.91%
Debt/Equity Ratio	39.6%

How did PSL-F perform over the long term?

See historical performance and comparison

Dividends

21.1%

Current Dividend Yield

62%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/01/21 18:27
End of Day Share Price	2023/10/24 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

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.

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 Github.

Analyst Sources

Precious Shipping Public Company Limited is covered by 24 analysts. 3 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
Jitra Amornthum	BNP Paribas Securities (Asia)
Kaseedit Choonnawat	BofA Global Research
Suppata Srisuk	Bualuang Securities PCL