Prime Road Power (SET:PRIME-R) - Stock Price, News & Analysis

PRIME-R Stock Overview

Generates and distributes electricity from solar energy in Thailand and internationally.

PRIME-R fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Rewards

Risk Analysis

Debt is not well covered by operating cash flow

Earnings have declined by 69.2% per year over past 5 years

Highly volatile share price over the past 3 months compared to the TH market

Does not have a meaningful market cap (THB1B)

Prime Road Power Public Company Limited Competitors

Advanced Connection Corporation

SET:ACC

฿1.3b

Eastern Power Group

SET:EP

฿2.0b

Green Resources

SET:GREEN

฿908.0m

TPC Power Holding

SET:TPCH

฿2.3b

Price History & Performance

Summary of all time highs, changes and price drops for Prime Road Power
Historical stock prices
Current Share Price	฿0.30
52 Week High	฿0.92
52 Week Low	฿0.19
Beta	0.70
11 Month Change	11.11%
3 Month Change	-23.08%
1 Year Change	-58.33%
33 Year Change	-84.62%
5 Year Change	-89.86%
Change since IPO	-90.85%

Recent updates

Shareholder Returns

	PRIME-R	TH Renewable Energy	TH Market
7D	-6.3%	4.3%	0.4%
1Y	-58.3%	2.7%	-0.2%

Return vs Industry: PRIME-R underperformed the TH Renewable Energy industry which returned 2.7% over the past year.

Return vs Market: PRIME-R underperformed the TH Market which returned -0.2% over the past year.

Price Volatility

Is PRIME-R's price volatile compared to industry and market?
PRIME-R volatility
PRIME-R Average Weekly Movement	14.7%
Renewable Energy Industry Average Movement	5.2%
Market Average Movement	5.1%
10% most volatile stocks in TH Market	11.4%
10% least volatile stocks in TH Market	2.7%

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

Volatility Over Time: PRIME-R's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

Founded	Employees	CEO	Website
1999	n/a	Somprasong Panjalak	www.primeroadpower.com

Prime Road Power Public Company Limited, together with its subsidiaries, generates and distributes electricity from solar energy in Thailand and internationally. It also constructs power plants. The company has a total installed capacity of 321.54 megawatts in Thailand, Japan, Taiwan, and Cambodia.

Prime Road Power Public Company Limited Fundamentals Summary

How do Prime Road Power's earnings and revenue compare to its market cap?
PRIME-R fundamental statistics
Market cap	฿1.28b
Earnings (TTM)	-฿991.29m
Revenue (TTM)	฿1.32b

1.0x

P/S Ratio

-1.3x

P/E Ratio

Is PRIME-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRIME-R income statement (TTM)
Revenue	฿1.32b
Cost of Revenue	฿890.40m
Gross Profit	฿433.55m
Other Expenses	฿1.42b
Earnings	-฿991.29m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.23
Gross Margin	32.75%
Net Profit Margin	-74.87%
Debt/Equity Ratio	246.7%

How did PRIME-R perform over the long term?

See historical performance and comparison

Prime Road Power SET:PRIME-R Stock Report