Bluebik Group Public Co., Ltd.

Bluebik Group Public Co., Ltd.

17.40
THB
-0.40
(-2.25%)
1.81EPS
10.53P/E
3.76BMarket Cap
Nov 16Next Earn
Bluebik Group Public Co., Ltd.
SET:BBIK
(Stock Exchange of Thailand)

Recent

price

17.40

P/E

ratio

10.53

div

yld

0.00%

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
THB
0.2
0.72
1.01
1.09
2.22
3.07
6.64
7.53
7.73
7.86
Revenue per Share
0.05
0.1
0.17
0.24
0.49
0.69
1.41
1.51
1.7
1.78
Basic EPS, GAAP
- -
- -
0.04
0.23
0.54
0.22
-0.01
1.44
1.09
1.19
Free Cash Flow per Basic Share
- -
- -
0.11
- -
0.68
0.2
0.23
0.21
0.22
- -
Dividend per Share
0.09
0.13
0.35
0.6
2.96
3.44
9.64
9.89
10.66
11.01
Book Value per Share
0.09
0.13
0.35
0.6
2.96
3.31
4.86
5.03
5.72
6.06
Tangible Book Value per Share
184
184
184
184
137
184
198
200
200
200
Basic Weighted Avg Shares
36
133
185
201
304
564
1,313
1,507
1,545
1,572
Sales/Revenue/Turnover
31.82
17.53
17.69
27.19
25.2
22.71
21.55
18.84
20.31
21.27
Operating Margin (%)
- -
- -
1
3
4
6
17
23
23
23
Depreciation Expense
9
19
31
44
66
127
279
301
341
357
Net Income, GAAP
21.59
21.14
20.19
18.22
17.11
12.43
9.84
9.96
6.57
6.87
Effective Tax Rate (%)
25
14.47
16.69
21.89
21.9
22.54
21.21
19.99
22.05
22.71
Profit Margin (%)
13
17
62
107
490
525
867
863
984
1,066
Working Capital
- -
- -
- -
7
8
10
70
59
50
47
LT Debt
16
24
66
110
544
636
1,966
2,006
2,144
2,209
Total Equity
- -
77.53
59.51
43.74
18.58
18.35
18.6
12.23
13.53
14.54
Return on Invested Capital (%)
- -
85.82
63.61
47.61
19.93
20.61
19.25
14.31
15.92
16.68
Return on Capital (%)
- -
96.68
70.19
50.35
20.34
21.62
21.77
15.42
16.58
17.19
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10
11
11
LT Borrowings
- -
- -
- -
LT Finance Leases
50
49
47
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
200
200
200
Market Capitalization
3,060
3,760
3,760

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,298
1,287
1,312
Cash, Cash Equivalents & STI
594
700
617
Accounts Receivable, Net
301
164
167
Inventories
18
20
28
Total Current Liabilities
314
230
246
Payables & Accruals
82
58
44
ST Debt
10
11
11
Deferred Revenue
116
114
132

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
125.8%
6.89%
Free Cash Flow
- -
-2,113.35%
-24.05%
Net Income, GAAP
- -
56.6%
13.16%
Sales/Revenue/Turnover
- -
57.46%
2.56%
Total Cash Common Dividend
- -
- -
5.93%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
369
339
389
409
1,507
2025
347
365
383
451
1,545
2026
371
368
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.34
0.21
0.44
0.51
1.51
2025
0.36
0.37
0.34
0.63
1.7
2026
0.4
0.41
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.21
- -
- -
0.21
2025
- -
0.22
- -
- -
0.22
2026
- -
- -
- -
- -
- -
Business
Bluebik Group Public Company Limited is a leading consultancy specializing in digital transformation and enterprise technology services, headquartered in Bangkok, Thailand. Founded in 2013, Bluebik provides comprehensive solutions across four core business pillars: digital transformation consulting; digital platform development; joint venture businesses; and global business expansion. Its main products and services include management consulting with strategic advisory and execution planning; big data and advanced analytics solutions covering end-to-end data strategy and implementation; digital excellence and delivery focusing on technology implementation and software development; cybersecurity and digital trust services; and customer experience design with user experience and user interface development for digital products. Bluebik serves a broad spectrum of clients including enterprises in consumer products, financial services, banking, and public sectors primarily within Thailand and increasingly in international markets. In recent years, Bluebik has made significant strategic expansions and operational enhancements. Notably, in early 2023, Bluebik acquired the digital delivery team of MFEC Public Company Limited and Innoviz Solutions, a Microsoft Dynamics 365 consulting and implementation leader, substantially bolstering its IT and software development capabilities to support the growing demand for digital transformation. This expanded its workforce by more than doubling its IT experts to approximately 500. The acquisitions have strengthened Bluebik’s ERP consulting services and broadened its customer base to include small and medium enterprises alongside existing large clients. Further, the company successfully listed on the Stock Exchange of Thailand (SET) in 2025, reflecting an acceleration in its growth trajectory and operational scale. Bluebik reported rising profitability in 2025, with a net profit increase of 8% to 214 million baht for the first nine months, driven by continued growth in service revenues despite macroeconomic uncertainties. The company is also shifting focus to emergent areas including artificial intelligence, cloud computing, and virtual banking technologies, positioning itself as a comprehensive digital transformation partner amid a rapidly evolving technology landscape. Bluebik Group’s key industry sectors include digital technology consulting, enterprise transformation, AI-led integrated services, big data and analytics, cybersecurity, and experience design. It operates predominantly in Thailand with growing presence in adjacent Southeast Asian markets, targeting corporate clients across multiple sectors, including financial institutions, consumer product firms, and the public sector. The company leverages its deep domain expertise and advanced technology capabilities to design and implement scalable digital solutions that optimize client business processes, enhance customer experiences, and drive innovation. The recent strategic acquisitions and public listing underscore Bluebik's commitment to expanding both technological prowess and market reach, reinforcing its position as a top-tier digital transformation consultancy in the region.