Ratch Group (SET:RATCH) - Stock Price, News & Analysis

RATCH Stock Overview

Ratch Group Public Company Limited, through its subsidiaries, engages in generation and sale of electricity and steam in Thailand, Australia, and internationally.

About the company

RATCH fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	3/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 5.5% below our estimate of its fair value

Earnings are forecast to grow 16.55% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 24.1%

Risk Analysis

Debt is not well covered by operating cash flow

Unstable dividend track record

Ratch Group Public Company Limited Competitors

B.Grimm Power

SET:BGRIM

฿66.5b

Global Power Synergy

SET:GPSC

฿135.3b

Banpu Power

SET:BPP

฿43.6b

Gulf Energy Development

SET:GULF

฿484.0b

Price History & Performance

Summary of all time highs, changes and price drops for Ratch Group
Historical stock prices
Current Share Price	฿28.00
52 Week High	฿39.50
52 Week Low	฿26.75
Beta	0.34
1 Month Change	0.90%
3 Month Change	-7.44%
1 Year Change	-25.83%
3 Year Change	-44.00%
5 Year Change	-55.02%
Change since IPO	96.49%

Recent updates

Shareholder Returns

	RATCH	TH Renewable Energy	TH Market
7D	0%	-2.3%	-0.4%
1Y	-25.8%	-26.8%	-12.0%

Return vs Industry: RATCH matched the TH Renewable Energy industry which returned -26.4% over the past year.

Return vs Market: RATCH underperformed the TH Market which returned -12% over the past year.

Price Volatility

Is RATCH's price volatile compared to industry and market?
RATCH volatility
RATCH Average Weekly Movement	2.7%
Renewable Energy Industry Average Movement	4.1%
Market Average Movement	4.2%
10% most volatile stocks in TH Market	9.1%
10% least volatile stocks in TH Market	2.2%

Stable Share Price: RATCH has not had significant price volatility in the past 3 months.

Volatility Over Time: RATCH's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2000	n/a	Choosri Kietkajornkul	www.ratch.co.th

Ratch Group Public Company Limited, through its subsidiaries, engages in generation and sale of electricity and steam in Thailand, Australia, and internationally. It operates through four segments: Domestic Electricity Generating, Renewable Energy, International Power Projects, and Related Business and Infrastructure. The Company generates electricity through natural gas, coal, and fuel oil, as well as solar power, wind power, battery, and biomass renewable projects.

Ratch Group Public Company Limited Fundamentals Summary

How do Ratch Group's earnings and revenue compare to its market cap?
RATCH fundamental statistics
Market cap	฿60.90b
Earnings (TTM)	฿5.17b
Revenue (TTM)	฿41.24b

11.8x

P/E Ratio

1.5x

P/S Ratio

Is RATCH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RATCH income statement (TTM)
Revenue	฿41.24b
Cost of Revenue	฿37.75b
Gross Profit	฿3.48b
Other Expenses	-฿1.68b
Earnings	฿5.17b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	2.38
Gross Margin	8.45%
Net Profit Margin	12.53%
Debt/Equity Ratio	80.7%

How did RATCH perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

67%

Payout Ratio

RATCH Stock Overview

Rewards

Risk Analysis

Ratch Group Public Company Limited Competitors

SET:BGRIM

฿66.5b

SET:GPSC

฿135.3b

SET:BPP

฿43.6b

SET:GULF

฿484.0b

Price History & Performance

Recent News & Updates

RATCH Group Public Company Limited Approves the Appointment of Chayanan Pakdeejit as Member of the Audit Committee, Effective 22 March 2024

Upcoming dividend of ฿0.80 per share

Price target decreased by 9.4% to ฿36.40

Consensus revenue estimates increase by 15%, EPS downgraded

Price target decreased by 11% to ฿37.50

Ratch Group Public Company Limited, Annual General Meeting, Apr 23, 2024

Recent updates

RATCH Group Public Company Limited Approves the Appointment of Chayanan Pakdeejit as Member of the Audit Committee, Effective 22 March 2024

Upcoming dividend of ฿0.80 per share

Price target decreased by 9.4% to ฿36.40

Consensus revenue estimates increase by 15%, EPS downgraded

Price target decreased by 11% to ฿37.50

Ratch Group Public Company Limited, Annual General Meeting, Apr 23, 2024

Full year 2023 earnings released: EPS: ฿2.38 (vs ฿3.15 in FY 2022)

Ratch Group Public Company Limited Announces Directorate Changes

Ratch Group Public Company Limited Announces Resignation of Nantika Thangsuphanich as Director

Ratch Group Public Company Limited Announces the Resignation of Kulyos Audomvongseree from His Positions as Director and Other Positions in Sub-Committees of the Board of Directors on 22 January 2024

Ratch Group Public Company Limited Announces Miss Niramarn Laisathit Intention to Resign as Director and Sub-Committees

Ratch Group Public Company Limited Announces Changing of Chief Accountant

Price target decreased by 8.6% to ฿41.02

Upcoming dividend of ฿0.80 per share at 4.4% yield

Ratch Group Public Company Limited Announces Interim Dividend for the Year 2023, Payable on 15 September 2023

Consensus EPS estimates fall by 16%

Second quarter 2023 earnings released: EPS: ฿0.98 (vs ฿1.20 in 2Q 2022)

First quarter 2023 earnings released: EPS: ฿0.79 (vs ฿0.86 in 1Q 2022)

Upcoming dividend of ฿0.80 per share at 4.1% yield

Consensus revenue estimates increase by 16%

Full year 2022 earnings released: EPS: ฿3.15 (vs ฿5.36 in FY 2021)

High number of new directors

Upcoming dividend of ฿0.80 per share

Ratch Group Public Company Limited Announces Executive Changes

Second quarter 2022 earnings released: EPS: ฿1.20 (vs ฿1.46 in 2Q 2021)

The Central Intellectual Property and International Trade Court Dismisses Civil Case Against Ratch Group Public Company Limited

Ratch Group Public Company Limited Announces Executive Changes

Ratch Group Public Company Limited Announces Executive Changes

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased to ฿48.14

High number of new directors

Upcoming dividend of ฿1.35 per share

Ratch Group Public Company Limited, Annual General Meeting, Apr 27, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Price target decreased to ฿47.20

Ratch Group Public Company Limited (SET:RATCH) completed the acquisition of 5.75% stake in Sahacogen (Chonburi) Public Company Limited (SET:SCG) from I.C.C. International Public Company Limited (SET:ICC).

Third quarter 2021 earnings released: EPS ฿1.00 (vs ฿1.19 in 3Q 2020)

CEO, Secretary & Representative Director Kijja Sripatthangkura has left the company

Upcoming dividend of ฿1.15 per share

Second quarter 2021 earnings released: EPS ฿1.46 (vs ฿0.74 in 2Q 2020)

Price target decreased to ฿55.38

First quarter 2021 earnings released: EPS ฿1.44 (vs ฿0.94 in 1Q 2020)

Full year 2020 earnings released: EPS ฿4.34 (vs ฿4.11 in FY 2019)

Earnings beat expectations, revenue disappoints

Ratch Group Public Company Limited, Annual General Meeting, Apr 05, 2021

Thai Airways International Public Company Limited (SET:THAI) acquired additional 15.53% stake in Bangkok Aviation Fuel Services Public Company Limited (SET : BAFS) from Ratch Group Public Company Limited (SET:RATCH).

New 90-day high: ฿57.00

Third quarter 2020 earnings released: EPS ฿1.19

New 90-day low: ฿48.75

New 90-day low - ฿54.75

Ratch Group Public Company Limited (SET:RATCH) acquired two fiber optic network projects of ALT Telecom Public Company Limited (SET:ALT).

Ratch Group Public Company Limited to Report Q2, 2020 Results on Aug 28, 2020

Upcoming Dividend of ฿1.15 Per Share

New 90-day low - ฿55.75

Earnings released

New 90-day low - ฿61.25

Shareholder Returns

Price Volatility

About the Company