WICE-F Stock Overview

Engages in the provision of freight and logistics services in Thailand and internationally. More details

WICE-F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (15.3x) is below the TH market (16.4x)

Earnings are forecast to grow 4.09% per year

Risk Analysis

Shares are highly illiquid

Dividend of 7.46% is not well covered by earnings

My Notes

Capture your thoughts, links and company narrative

Wice Logistics Public Company Limited Competitors

Triple i Logistics

SET:III

฿4.0b

Asia Network International

SET:ANI

฿7.0b

Sonic Interfreight

SET:SONIC

฿1.4b

Leo Global Logistics

SET:LEO

฿913.7m

Price History & Performance

Summary of share price highs, lows and changes for Wice Logistics
Historical stock prices
Current Share Price	฿3.42
52 Week High	฿3.42
52 Week Low	฿3.42
Beta	1.25
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	3.64%

Recent updates

Shareholder Returns

	WICE-F	TH Logistics	TH Market
7D	0%	-4.8%	-4.7%
1Y	n/a	-41.7%	-3.4%

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

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

Price Volatility

Is WICE-F's price volatile compared to industry and market?
WICE-F volatility
WICE-F Average Weekly Movement	n/a
Logistics Industry Average Movement	5.0%
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: WICE-F has not had significant price volatility in the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
1993	n/a	Araya Kongsoonthorn	www.wice.co.th

Wice Logistics Public Company Limited provides air and sea freight forwarding, customs brokerage, inland transportation, cross-border and multimodal transportation, warehousing, and various freight related services for imports and exports in Thailand and internationally. It operates through four segments: Sea Freight, Air Freight, Cross Border Service, and Supply Chain Solutions. The company transports sea freight, such as full container load and less than container load services for various forwarders and containers; and offers air freight services.

Wice Logistics Public Company Limited Fundamentals Summary

How do Wice Logistics's earnings and revenue compare to its market cap?
WICE-F fundamental statistics
Market cap	฿3.78b
Earnings (TTM)	฿246.59m
Revenue (TTM)	฿4.21b

15.3x

P/E Ratio

0.9x

P/S Ratio

Is WICE-F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WICE-F income statement (TTM)
Revenue	฿4.21b
Cost of Revenue	฿3.38b
Gross Profit	฿831.66m
Other Expenses	฿585.07m
Earnings	฿246.59m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Feb 22, 2024

Earnings per share (EPS)	0.38
Gross Margin	19.74%
Net Profit Margin	5.85%
Debt/Equity Ratio	11.8%

How did WICE-F perform over the long term?

See historical performance and comparison

Dividends

7.5%

Current Dividend Yield

116%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/14 18:42
End of Day Share Price	2023/11/17 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 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

Wice Logistics Public Company Limited is covered by 7 analysts. 4 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
Chaiyot Jiwangkul	Globlex Securities Co. Ltd.
Siam Tiyanont	Phillip Securities (Thailand) PCL
Pimpaka Nichgaroon	Thanachart Securities Plc

Wice Logistics THAMSE:WICE-F Stock Report