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    Medical - Care Facilities
Wattana Karnpaet Public Company Limited

Wattana Karnpaet Public Company Limited

NEW.BK
Wattana Karnpaet Public Company LimitedTH flagStock Exchange of Thailand
80.50
THB
- -
- -
805.00MMarket Cap
Wattana Karnpaet Public Company Limited
NEW.BK
(Stock Exchange of Thailand)

Recent

price

80.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
21.28
21.06
25.13
26.49
28.52
31.73
29.42
29.85
35.61
36.96
30.59
32.77
51.66
47.35
46.02
45.25
45.79
Revenue per Share
0.8
-0.09
0.46
1.09
1.11
1.3
1.09
1.83
1.69
1.73
0.16
0.88
10.01
5.62
4.37
3.9
4.07
Basic EPS, GAAP
-0.06
0.17
1.46
-0.02
-0.6
1.99
1.97
-2.15
1.63
2.93
2.83
3.16
10.36
5.16
3.12
6.56
5.79
Free Cash Flow per Basic Share
0.25
0.15
- -
0.2
0.3
0.35
0.5
0.5
0.7
0.7
0.2
- -
0.35
3.98
2.29
1.79
1.79
Dividend per Share
23.33
21.53
21.98
23.04
23.69
24.64
25.23
26.53
27.67
28.44
28.74
29.62
39.38
40.99
43.06
45.1
45.82
Book Value per Share
29.46
28.66
29.13
30.2
30.7
31.12
31.79
33.17
34.36
35.21
35.61
36.53
46.36
48.06
50.2
52.27
52.99
Tangible Book Value per Share
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
Basic Weighted Avg Shares
213
211
251
265
285
317
294
299
356
370
306
328
517
474
460
453
458
Sales/Revenue/Turnover
6.37
3.41
4.84
7.58
7.39
6.75
6.26
8.9
7.01
6.68
1.86
4.23
24.84
15.67
12.63
11.17
2.01
Operating Margin (%)
14
16
16
18
18
18
20
21
25
28
34
32
34
41
47
48
48
Depreciation Expense
8
-1
5
11
11
13
11
18
17
17
2
9
100
56
44
39
41
Net Income, GAAP
32.3
213.08
30.28
23.95
22.61
26.18
24.94
21.16
21.4
19.84
8.51
15.38
20.12
20.6
21.44
20.04
19.76
Effective Tax Rate (%)
3.76
-0.43
1.82
4.11
3.89
4.1
3.7
6.13
4.74
4.69
0.53
2.67
19.37
11.87
9.49
8.63
8.89
Profit Margin (%)
-39
-26
-11
-11
3
4
6
- -
-13
9
9
22
108
89
22
107
67
Working Capital
39
49
60
53
68
64
57
59
53
41
57
30
41
20
17
18
2
LT Debt
296
288
292
303
309
319
325
338
349
357
360
369
466
482
503
523
531
Total Equity
2.46
-2.19
2.34
4.15
4.23
3.95
3.5
5.33
4.87
4.9
1.21
2.61
21.24
11.2
8.63
7.47
1.38
Return on Invested Capital (%)
3.68
-2.68
2.92
5.18
5.24
4.86
4.24
6.32
5.72
5.78
1.43
3.09
25.12
13.17
10.08
8.62
9.09
Return on Capital (%)
3.47
-0.4
2.1
4.83
4.75
5.38
4.37
7.07
6.23
6.18
0.57
3
29
13.98
10.39
8.86
9.1
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
9
9
1
LT Borrowings
- -
- -
- -
LT Finance Leases
18
18
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
962
962
1,255

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
157
178
137
Cash, Cash Equivalents & STI
103
136
93
Accounts Receivable, Net
39
27
22
Inventories
9
11
13
Total Current Liabilities
73
71
70
Payables & Accruals
56
53
59
ST Debt
9
9
1
Deferred Revenue
- -
- -
1

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.3%
8.14%
4.05%
Free Cash Flow
-4.95%
52%
110.27%
Net Income, GAAP
135.77%
280.32%
-10.61%
Sales/Revenue/Turnover
5.2%
10.39%
-1.67%
Total Cash Common Dividend
- -
- -
-21.71%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
119
116
120
105
460
2025
104
110
129
109
453
2026
110
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.96
0.84
1.66
- -
4.37
2025
0.55
1.04
1.88
- -
3.9
2026
0.72
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
2.29
- -
- -
2.29
2025
- -
1.79
- -
- -
1.79
2026
- -
- -
- -
- -
- -
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Business
Wattana Karnpaet Public Company Limited engages in hospital operations and medical trading primarily in northeastern Thailand. The company operates North Eastern Wattana General Hospital, a 100-bed tertiary facility in Udon Thani offering diagnosis and treatment across medical subspecialties including rehabilitation, dentistry, ophthalmic services, x-rays, child development, pediatrics, neurological surgery, open-heart surgery (CAG+PCI), orthopedic surgery, general surgery, internal medicine, and emergency care; pediatric specialties such as allergy, infectious disease, respiratory, and endocrine; urology services including cystoscopy, circumcision, vasectomy, prostatic biopsy, lithotripsy, and transurethral resection; Nong Khai Wattana Hospital, a 100-bed facility providing similar community-focused healthcare; and Alliance International Medical Centre in Vientiane, Laos, delivering international-standard primary care supported by the Wattana group. Founded in 1985 and headquartered at 70/7-8 Suphakitjanya Road, Muang District, Udon Thani, the company targets medium- to high-income patients in Thailand and cross-border markets in Laos, with facilities accredited under Thailand's Hospital Accreditation program (Udon Thani since 2007, Nong Khai since 2016) and ISO 9001 standards. Recent developments include sustained financial growth with revenue of THB 460 million and net income of THB 43.67 million in the latest fiscal year, alongside management discussions on quarterly performance through Q1 2025 reflecting operational stability amid regional competition from facilities like Bangkok Udon and Aek Udon hospitals.