Infraset Public Co., Ltd.

Infraset Public Co., Ltd.

4.14
THB
-0.08
(-1.90%)
0.15EPS
24.72P/E
3.00BMarket Cap
Oct 29Next Earn
Infraset Public Co., Ltd.
SET:INSET
(Stock Exchange of Thailand)

Recent

price

4.14

P/E

ratio

24.72

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
THB
1.14
2.16
2.46
2.44
2.14
1.85
2.13
2.39
1.41
2.48
Revenue per Share
0.14
0.2
0.24
0.22
0.28
0.15
0.14
0.11
0.04
0.15
Basic EPS, GAAP
0.3
-0.07
0.06
-0.3
0.45
-0.59
0.39
-0.72
0.33
-0.53
Free Cash Flow per Basic Share
0.19
0.32
0.16
0.14
0.07
0.19
0.09
0.05
0.08
- -
Dividend per Share
0.31
0.58
1.27
1.36
1.57
1.61
1.69
1.75
1.72
1.79
Book Value per Share
0.31
0.58
1.27
1.36
1.56
1.61
1.69
1.75
1.71
1.79
Tangible Book Value per Share
463
463
495
616
616
708
767
813
812
808
Basic Weighted Avg Shares
529
1,001
1,217
1,501
1,315
1,311
1,632
1,944
1,144
2,000
Sales/Revenue/Turnover
15.26
12.04
12.22
11.35
16.27
10.12
9.02
6.19
4.55
8.05
Operating Margin (%)
1
1
3
10
12
10
11
14
14
16
Depreciation Expense
64
95
120
135
171
106
109
89
35
122
Net Income, GAAP
20.89
21.13
18.5
20.01
20
20.14
21.46
20.45
21.46
20.63
Effective Tax Rate (%)
12.07
9.45
9.87
9.03
12.97
8.05
6.69
4.57
3.08
6.08
Profit Margin (%)
111
303
690
709
825
793
962
1,023
948
1,133
Working Capital
- -
28
13
11
11
8
123
63
6
190
LT Debt
190
359
780
839
964
1,210
1,376
1,425
1,385
1,446
Total Equity
- -
31.15
19.89
15.96
18.04
9.43
8.16
5.68
2.49
7.22
Return on Invested Capital (%)
- -
32.5
20.25
16.38
18.56
9.62
8.31
5.81
2.54
7.3
Return on Capital (%)
- -
34.45
21.08
16.73
18.91
9.71
8.44
6.35
2.51
8.6
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
61
227
374
LT Borrowings
- -
- -
184
LT Finance Leases
6
5
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
807
807
807
Market Capitalization
1,387
2,113
3,000

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,520
2,018
2,613
Cash, Cash Equivalents & STI
22
104
282
Accounts Receivable, Net
670
1,128
671
Inventories
10
250
797
Total Current Liabilities
573
1,041
1,480
Payables & Accruals
511
813
1,088
ST Debt
61
227
374
Deferred Revenue
- -
- -
12

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.97%
-2.85%
Free Cash Flow
- -
-222.32%
-145.33%
Net Income, GAAP
- -
-17.53%
-60.32%
Sales/Revenue/Turnover
- -
-2.05%
-41.16%
Total Cash Common Dividend
- -
23.75%
59.99%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
273
312
763
596
1,944
2025
292
222
207
423
1,144
2026
650
720
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.03
0.05
0.01
0.11
2025
0.01
0.01
0.02
- -
0.04
2026
0.05
0.08
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.05
2025
- -
- -
- -
- -
0.08
2026
- -
- -
- -
- -
- -
Business
Infraset Public Company Limited operates primarily in the infrastructure construction and civil engineering sector. The company specializes in providing comprehensive construction services, including highway construction; road and bridge building; infrastructure development such as drainage systems, water resource management, and transportation projects; and the manufacture and supply of construction materials like asphalt and ready-mix concrete. Infraset serves both public and private sector clients and operates mainly within Thailand and the Southeast Asian region. Founded in 1977 and headquartered in Bangkok, Thailand, Infraset has established itself as a key player in infrastructure development. In terms of recent major changes, Infraset has focused on expanding its service portfolio and strengthening strategic partnerships within the construction and infrastructure industries to enhance competitive positioning. Although there are no publicly reported acquisitions or rebranding events in the last two years, the company has launched new project contracts involving urban infrastructure upgrades and expanded its offerings with more sustainable construction solutions to address environmental demands. These initiatives reflect Infraset’s strategic shift toward incorporating innovative technology and sustainability into its core operations. The company's business segments include road construction; civil construction works such as drainage and foundations; and infrastructure maintenance services. Their target markets include governmental agencies for public infrastructure projects and private sector clients in transportation and urban development. As a publicly listed entity on the Stock Exchange of Thailand under the ticker INSET.BK, Infraset maintains operations through several subsidiaries that contribute to its comprehensive infrastructure solutions. Overall, Infraset delivers integrated infrastructure construction services and construction materials manufacturing with a focus on quality, sustainability, and regional market expansion from its base in Thailand. This description draws on the company's official website and recent public information on its business activities and strategic direction up to 2025.