Reported Earnings • May 19
First quarter 2026 earnings released: EPS: ฿0.15 (vs ฿0.13 in 1Q 2025) First quarter 2026 results: EPS: ฿0.15 (up from ฿0.13 in 1Q 2025). Revenue: ฿1.58b (down 1.2% from 1Q 2025). Net income: ฿124.7m (up 20% from 1Q 2025). Profit margin: 7.9% (up from 6.5% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Board Change • May 14
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Nattavudh Pungcharoenpong was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ฿3.15b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿3.15b market cap, or US$99.7m). Reported Earnings • Mar 03
Full year 2025 earnings released: ฿0.08 loss per share (vs ฿0.24 profit in FY 2024) Full year 2025 results: ฿0.08 loss per share (down from ฿0.24 profit in FY 2024). Revenue: ฿5.90b (down 4.3% from FY 2024). Net loss: ฿65.5m (down 134% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. New Risk • Jan 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change). New Risk • Nov 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.9% average weekly change). New Risk • Nov 14
New major risk - Revenue and earnings growth Earnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 14
Third quarter 2025 earnings released: ฿0.14 loss per share (vs ฿0.02 loss in 3Q 2024) Third quarter 2025 results: ฿0.14 loss per share (further deteriorated from ฿0.02 loss in 3Q 2024). Revenue: ฿1.34b (down 6.9% from 3Q 2024). Net loss: ฿116.1m (loss widened ฿97.4m from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 14
Second quarter 2025 earnings released: ฿0.003 loss per share (vs ฿0.033 profit in 2Q 2024) Second quarter 2025 results: ฿0.003 loss per share (down from ฿0.033 profit in 2Q 2024). Revenue: ฿1.31b (down 9.1% from 2Q 2024). Net loss: ฿2.37m (down 109% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. New Risk • May 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risk Large one-off items impacting financial results. Board Change • May 17
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Vithit Leenutaphong was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: ฿0.13 (vs ฿0.29 in 1Q 2024) First quarter 2025 results: EPS: ฿0.13 (down from ฿0.29 in 1Q 2024). Revenue: ฿1.61b (up 13% from 1Q 2024). Net income: ฿104.0m (down 54% from 1Q 2024). Profit margin: 6.5% (down from 16% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ฿6.00, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 20x in the Entertainment industry in Thailand. Total loss to shareholders of 41% over the past three years. New Risk • Apr 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ฿6.40, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 19x in the Entertainment industry in Thailand. Total loss to shareholders of 44% over the past three years. Reported Earnings • Feb 28
Full year 2024 earnings released: EPS: ฿0.24 (vs ฿0.16 loss in FY 2023) Full year 2024 results: EPS: ฿0.24 (up from ฿0.16 loss in FY 2023). Revenue: ฿6.24b (up 5.2% from FY 2023). Net income: ฿195.6m (up ฿328.1m from FY 2023). Profit margin: 3.1% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year whereas the company’s share price has fallen by 24% per year. New Risk • Feb 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 4.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Duyuru • Feb 27
GMM Grammy Public Company Limited, Annual General Meeting, Apr 29, 2025 GMM Grammy Public Company Limited, Annual General Meeting, Apr 29, 2025, at 14:00 SE Asia Standard Time. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to ฿5.20, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 22x in the Entertainment industry in Thailand. Total loss to shareholders of 56% over the past three years. Duyuru • Feb 25
GMM Grammy Public Company Limited Announces Executive Appointments GMM Grammy Public Company Limited appointed Mr. Fahmai Damrongchaitham as (Acting) Chief Investment Officer and Mr. Kittisak Chuang-a-roon as (Acting) Chief Executive Officer – Goods, effective from March 1, 2025 onwards. Duyuru • Feb 24
GMM Grammy Public Company Limited Announces Appointment of Sireetorn Srisungworn as Chief Financial Officer, Effective March 1, 2025 GMM Grammy Public Company Limited announced termination of Miss Sireetorn Srisungworn as (Acting) Chief Financial Officer. Effective Date of Termination is March 1, 2025. The company announced appointment of Miss Sireetorn Srisungworn as Chief Financial Officer. Effective Date of Appointment is March 1, 2025. Buy Or Sell Opportunity • Sep 03
Now 20% overvalued Over the last 90 days, the stock has fallen 6.4% to ฿7.30. The fair value is estimated to be ฿6.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has declined by 38%. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.007 in 2Q 2023) Second quarter 2024 results: EPS: ฿0.03 (up from ฿0.007 in 2Q 2023). Revenue: ฿1.48b (up 3.2% from 2Q 2023). Net income: ฿25.6m (up 211% from 2Q 2023). Profit margin: 1.7% (up from 0.6% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. New Risk • Jun 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.0% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to ฿7.55, the stock trades at a trailing P/E ratio of 67.7x. Average trailing P/E is 23x in the Entertainment industry in Thailand. Total loss to shareholders of 53% over the past three years. Reported Earnings • May 17
First quarter 2024 earnings released: EPS: ฿0.28 (vs ฿0.002 in 1Q 2023) First quarter 2024 results: EPS: ฿0.28 (up from ฿0.002 in 1Q 2023). Revenue: ฿1.51b (up 7.5% from 1Q 2023). Net income: ฿225.7m (up ฿224.0m from 1Q 2023). Profit margin: 15% (up from 0.1% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. New Risk • Apr 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.2% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change). Duyuru • Feb 29
GMM Grammy Public Company Limited, Annual General Meeting, Apr 29, 2024 GMM Grammy Public Company Limited, Annual General Meeting, Apr 29, 2024, at 14:00 SE Asia Standard Time. Location: Auditorium Room, 21st floor of GMM Grammy Place, located at No. 50, Sukhumvit 21 Road (Asoke), Khlong Toei Nuea, Wattana Bangkok Thailand Agenda: To acknowledge the declaration of the 2023 operational results and the Company's 2023 annual report; to approve the Statements of Financial Position and the Comprehensive Income Statements for the fiscal year ending December 31, 2023; to approve the appropriation of the 2023 net profit as statutory reserve fund; to approve the appointment of directors in place of those who are due to retire by rotation for the year 2024; to approve the remunerations of the Board of Directors and subcommittees for the year 2024; and to consider other matters. Reported Earnings • Feb 29
Full year 2023 earnings released: ฿0.16 loss per share (vs ฿0.20 profit in FY 2022) Full year 2023 results: ฿0.16 loss per share (down from ฿0.20 profit in FY 2022). Revenue: ฿5.99b (up 13% from FY 2022). Net loss: ฿132.6m (down 180% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. New Risk • Jan 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Reported Earnings • Nov 17
Third quarter 2023 earnings released: ฿0.06 loss per share (vs ฿0.14 profit in 3Q 2022) Third quarter 2023 results: ฿0.06 loss per share (down from ฿0.14 profit in 3Q 2022). Revenue: ฿1.29b (down 2.9% from 3Q 2022). Net loss: ฿46.6m (down 140% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Aug 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (8.2% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.03 in 2Q 2022) Second quarter 2023 results: EPS: ฿0.01 (down from ฿0.03 in 2Q 2022). Revenue: ฿1.46b (up 24% from 2Q 2022). Net income: ฿8.23m (down 65% from 2Q 2022). Profit margin: 0.6% (down from 2.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ฿9.95, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 39x in the Entertainment industry in Thailand. Total returns to shareholders of 1.5% over the past three years. Duyuru • Jul 29
GMM Grammy Public Company Limited to Report Q2, 2023 Results on Aug 11, 2023 GMM Grammy Public Company Limited announced that they will report Q2, 2023 results on Aug 11, 2023 Reported Earnings • May 18
First quarter 2023 earnings released: EPS: ฿0.002 (vs ฿0.19 loss in 1Q 2022) First quarter 2023 results: EPS: ฿0.002 (up from ฿0.19 loss in 1Q 2022). Revenue: ฿1.40b (up 39% from 1Q 2022). Net income: ฿1.65m (up ฿155.3m from 1Q 2022). Profit margin: 0.1% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Nov 18
Third quarter 2022 earnings released: EPS: ฿0.06 (vs ฿0.02 in 3Q 2021) Third quarter 2022 results: EPS: ฿0.06 (up from ฿0.02 in 3Q 2021). Revenue: ฿1.42b (up 61% from 3Q 2021). Net income: ฿48.3m (up 259% from 3Q 2021). Profit margin: 3.4% (up from 1.5% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Sunyaluck Chaikajornwat was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: ฿0.03 (vs ฿0.02 loss in 2Q 2021) Second quarter 2022 results: EPS: ฿0.03 (up from ฿0.02 loss in 2Q 2021). Revenue: ฿1.19b (up 18% from 2Q 2021). Net income: ฿23.6m (up ฿38.7m from 2Q 2021). Profit margin: 2.0% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • May 16
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: ฿0.19 loss per share (down from ฿0.49 profit in 1Q 2021). Revenue: ฿1.01b (up 1.1% from 1Q 2021). Net loss: ฿153.7m (down 139% from profit in 1Q 2021). Revenue missed analyst estimates by 8.7%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Sunyaluck Chaikajornwat was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 27
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: ฿0.61 (up from ฿0.21 loss in FY 2020). Revenue: ฿4.22b (down 16% from FY 2020). Net income: ฿497.1m (up ฿672.5m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 8.7%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS ฿0.016 (vs ฿0.045 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿885.7m (down 18% from 3Q 2020). Net income: ฿13.5m (down 63% from 3Q 2020). Profit margin: 1.5% (down from 3.4% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: ฿0.02 loss per share (vs ฿0.009 profit in 2Q 2020) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: ฿1.01b (up 8.9% from 2Q 2020). Net loss: ฿15.0m (down 300% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 19% per year. Reported Earnings • May 16
First quarter 2021 earnings released: EPS ฿0.49 (vs ฿0.05 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿1.37b (up 4.2% from 1Q 2020). Net income: ฿398.2m (up ฿357.2m from 1Q 2020). Profit margin: 29% (up from 3.1% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 12
New 90-day high: ฿10.20 The company is up 10.0% from its price of ฿9.25 on 09 December 2020. The Thai market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 16% over the same period. Reported Earnings • Mar 03
Full year 2020 earnings released: ฿0.21 loss per share (vs ฿0.42 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ฿5.03b (down 24% from FY 2019). Net loss: ฿175.4m (down 151% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 17
Third quarter 2020 earnings released: EPS ฿0.045 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿1.09b (down 28% from 3Q 2019). Net income: ฿36.6m (down 42% from 3Q 2019). Profit margin: 3.4% (down from 4.2% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 16
New 90-day low: ฿8.90 The company is down 9.0% from its price of ฿9.75 on 18 August 2020. The Thai market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 1.0% over the same period. Is New 90 Day High Low • Oct 26
New 90-day low: ฿9.20 The company is down 6.0% from its price of ฿9.75 on 24 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is flat over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ฿9.25 The company is down 6.0% from its price of ฿9.80 on 25 June 2020. The Thai market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 8.0% over the same period. 
