NAT Absolute Technologies Public Company Limited

NAT Absolute Technologies Public Company Limited

3.20
THB
-0.12
(-3.61%)
-0.01EPS
577.45MMarket Cap
Nov 18Next Earn
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.37
3.34
4.74
7.24
1.71
1.83
Basic EPS, GAAP
0.08
0.33
0.36
0.53
0.01
-0.01
Free Cash Flow per Basic Share
0.17
0.63
0.19
-0.37
0.06
-0.64
Dividend per Share
0.15
0.23
0.52
0.25
0.13
- -
Book Value per Share
0.2
0.33
0.45
2.19
2.05
2.04
Tangible Book Value per Share
0.2
0.32
0.44
2.19
1.91
1.76
Basic Weighted Avg Shares
328
328
328
317
327
324
Sales/Revenue/Turnover
449
1,095
1,556
2,297
559
591
Operating Margin (%)
7.83
12.35
9.48
9.15
1.18
0.45
Depreciation Expense
2
3
4
5
5
5
Net Income, GAAP
27
107
117
168
3
-4
Effective Tax Rate (%)
23.27
20.25
20.23
19.32
35.92
382.6
Profit Margin (%)
5.95
9.78
7.52
7.32
0.6
-0.65
Working Capital
44
80
109
665
570
503
LT Debt
5
11
10
16
16
14
Total Equity
64
107
146
717
660
657
Return on Invested Capital (%)
- -
103.42
80.45
37.79
0.6
-1.1
Return on Capital (%)
- -
112.44
84.01
37.79
0.6
-1.1
Return on Common Equity (%)
- -
125.09
92.55
38.94
0.49
-0.58

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4
4
4
LT Borrowings
- -
- -
- -
LT Finance Leases
16
15
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
323
323
323
Market Capitalization
845
748
577

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
713
654
699
Cash, Cash Equivalents & STI
409
371
277
Accounts Receivable, Net
185
105
195
Inventories
13
16
17
Total Current Liabilities
143
136
196
Payables & Accruals
132
128
183
ST Debt
4
4
4
Deferred Revenue
3
1
7

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-7.94%
Free Cash Flow
- -
- -
-117.87%
Net Income, GAAP
- -
- -
-98%
Sales/Revenue/Turnover
- -
- -
-75.66%
Total Cash Common Dividend
- -
- -
-46.94%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
730
590
579
398
2,297
2025
144
162
124
129
559
2026
143
196
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
0.17
0.13
0.05
0.53
2025
- -
- -
0.01
- -
0.01
2026
0.01
-0.03
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.02
0.22
- -
0.25
2025
- -
0.13
- -
- -
0.13
2026
- -
- -
- -
- -
- -

Company Description

CEO
Sutee Apichonratanakorn
Sector
Technology services
Industry
Information technology services
Address
Bangkok Thailand
IPO Date
Feb 15, 2024
Business
NAT Absolute Technologies Public Company Limited is a Thailand-based information and communication technology system integrator and digital solution provider. Founded in 2004 and headquartered in Bangkok, Thailand, the company specializes in delivering end-to-end telecommunications, networking, and enterprise IT infrastructure solutions to government agencies, state-owned enterprises, and private corporations throughout Thailand. The company operates through two primary business segments: System Integration and Turnkey Solutions, and IT Equipment Supply and Maintenance Services. Its comprehensive portfolio of products and services comprises Network Infrastructure Solutions, including enterprise local area networks (LAN), wide area networks (WAN), software-defined networking (SD-WAN), wireless local area networks, and optical transport systems; Data Center and Cloud Infrastructure Solutions, encompassing enterprise servers, hyper-converged infrastructure, enterprise storage arrays, virtualization platforms, and automated data backup and disaster recovery systems; Cyber Security Solutions, featuring next-generation firewalls, intrusion prevention systems, web application security, endpoint protection, identity and access management, and security information and event management; Unified Communications and Collaboration Systems, including enterprise IP telephony, video conferencing, and contact center infrastructure; and Maintenance and Managed IT Services, comprising 24/7 technical support, preventive and corrective maintenance contracts, continuous system monitoring, and service level agreement-based operational management. The company partners with global technology vendors and maintains certified partner statuses with brands including Dell Technologies, Cisco Systems, Fortinet, Hewlett Packard Enterprise, Palo Alto Networks, VMware, and Microsoft. In recent developments, NAT Absolute Technologies completed its initial public offering and successfully listed on the Market for Alternative Investment of the Stock Exchange of Thailand under the ticker symbol NAT in February 2024 to fund operational expansion and working capital needs. The company has strategically accelerated its investments into high-performance artificial intelligence computing infrastructure, cloud modernization, and advanced enterprise cybersecurity services to address rising digital transformation demand across public utilities, telecommunication operators, and financial institutions. Additionally, the company has expanded its strategic vendor collaboration with Dell Technologies to deploy enterprise-grade AI server solutions and secured multiple high-value infrastructure procurement and long-term system maintenance contracts with major state-affiliated entities.