1. Thailand Stocks

  2. •

    Transportation

  3. •

    Marine shipping
Ama Marine Public Co. Ltd.

Ama Marine Public Co. Ltd.

3.70
THB
-0.02
(-0.54%)
0.31EPS
12.56P/E
1.99BMarket Cap
Ama Marine Public Co. Ltd.
SET:AMA
(Stock Exchange of Thailand)

Recent

price

3.70

P/E

ratio

12.56

div

yld

8.11%

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
THB
0.99
1.24
0.82
2.9
3.43
3.67
3.49
4.04
6.23
5.89
6.1
5.66
5.52
Revenue per Share
0.16
0.25
0.04
0.49
0.17
0.35
0.33
0.3
0.89
0.59
0.65
0.45
0.31
Basic EPS, GAAP
0.26
0.38
0.16
-0.54
0.5
0.68
0.77
0.71
1.4
0.72
1.04
1.17
0.8
Free Cash Flow per Basic Share
- -
- -
- -
0.21
0.17
0.1
0.2
0.2
0.15
0.4
0.45
0.35
0.3
Dividend per Share
0.78
0.97
0.61
3.98
3.97
3.99
4.11
4.55
5.41
5.56
5.74
5.56
5.65
Book Value per Share
0.78
0.96
0.61
3.97
3.95
3.98
4.1
4.31
5.18
5.35
5.55
5.37
5.47
Tangible Book Value per Share
518
518
518
518
518
518
518
518
518
518
518
518
518
Basic Weighted Avg Shares
510
643
427
1,501
1,774
1,900
1,807
2,090
3,224
3,051
3,158
2,930
2,860
Sales/Revenue/Turnover
17.14
21.33
7.63
18.12
10.53
13.85
12.05
10.24
15.37
11.59
12.04
11.04
9.12
Operating Margin (%)
- -
- -
- -
182
226
270
297
289
333
361
385
361
359
Depreciation Expense
85
130
20
253
90
181
170
154
462
308
338
231
158
Net Income, GAAP
0.13
4.25
12.9
3.16
11.52
12.86
10.56
15.61
4.92
6.98
9.5
17.52
27.38
Effective Tax Rate (%)
16.73
20.23
4.78
16.87
5.05
9.5
9.43
7.34
14.34
10.08
10.69
7.9
5.54
Profit Margin (%)
95
-37
3
210
-158
-282
-172
-365
35
-127
-26
93
4
Working Capital
96
340
110
1,190
1,015
726
769
853
810
953
693
582
490
LT Debt
402
501
315
2,063
2,055
2,068
2,131
2,430
2,879
2,959
3,051
2,958
3,008
Total Equity
- -
19.9
3.93
12.83
4.62
6.78
5.8
5.67
11.95
7.78
8.71
6.71
5
Return on Invested Capital (%)
- -
19.95
3.95
15.17
4.47
6.97
6.4
5.09
12.53
8.17
9.12
6.65
4.69
Return on Capital (%)
- -
28.81
5
21.3
4.35
8.76
8.11
6.84
17.94
10.83
11.53
7.91
5.45
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
377
383
373
LT Borrowings
247
225
202
LT Finance Leases
335
316
288
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
518
518
518
Market Capitalization
2,113
1,999
1,989

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
689
738
637
Cash, Cash Equivalents & STI
328
388
209
Accounts Receivable, Net
219
232
251
Inventories
78
81
125
Total Current Liabilities
595
591
633
Payables & Accruals
217
208
253
ST Debt
377
383
373
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
55.68%
7.07%
-3.06%
Free Cash Flow
-53.75%
19.59%
12.54%
Net Income, GAAP
122.47%
27.23%
-31.44%
Sales/Revenue/Turnover
29.94%
12.16%
-7.24%
Total Cash Common Dividend
- -
- -
-22.21%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
779
830
742
807
3,158
2025
756
730
714
730
2,930
2026
700
716
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.24
0.12
0.2
0.65
2025
0.13
0.12
0.08
0.11
0.45
2026
0.07
0.04
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.2
- -
0.45
2025
- -
0.25
- -
0.1
0.35
2026
- -
0.2
- -
- -
- -
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Business
Ama Marine Public Company Limited (AMA.BK) operates as a marine transportation company primarily engaged in the chartering of vessels for the transportation of bulk cargo, including dry bulk commodities such as coal, iron ore, grain, and cement; liquid bulk like petroleum products and chemicals; and containerized cargo. The company offers a range of services encompassing vessel chartering on time charter, voyage charter, and bareboat charter bases; ship management including technical management, crew management, and safety operations; agency services for port calls and logistics coordination; and related maritime support such as bunkering and stevedoring. Its fleet comprises handysize, handymax, supramax, and ultramax bulk carriers, product tankers, and coastal vessels, with operations focused on intra-Asia trade routes, Southeast Asia regional shipping, and select international voyages serving industrial clients in energy, mining, agriculture, and manufacturing sectors. Headquartered in Bangkok, Thailand, and founded in 1994, Ama Marine maintains a strong presence in Thailand and extends its geographic operations across Southeast Asia, including Vietnam, Indonesia, Myanmar, and Singapore, with additional reach to China, Japan, and Australia for cargo trades. The company serves a diverse customer base of power utilities, steel mills, trading houses, and agribusiness firms, positioning it within the competitive dry and liquid bulk shipping segments of the Asian maritime industry. In recent developments, Ama Marine completed the acquisition of two supramax bulk carriers in early 2025, expanding its fleet capacity to over 1 million deadweight tons and enhancing its competitiveness in the coal and iron ore trades amid rising regional demand. The company secured a strategic long-term time charter partnership with a major Thai power utility in late 2024 for coal transportation, bolstering revenue stability through 2027. Additionally, in mid-2025, Ama Marine launched a digital ship management platform integrating real-time tracking and predictive maintenance, marking its entry into tech-enabled maritime services to improve operational efficiency and reduce emissions in line with IMO 2025 regulations.