Prima Marine Public Company Ltd

Prima Marine Public Company Ltd

8.75
THB
+0.10
(+1.16%)
0.99EPS
9.23P/E
19.07BMarket Cap
Nov 12Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.39
1.56
2.15
2.09
1.79
2.14
2.37
2.35
3.09
3.23
3.72
3.87
3.93
Basic EPS, GAAP
0.16
0.15
0.39
0.33
0.28
0.41
0.61
0.56
0.89
0.85
0.9
0.96
0.95
Free Cash Flow per Basic Share
- -
0.48
-0.73
0.47
0.26
-0.55
1.05
0.44
0.83
0.56
0.29
0.66
0.63
Dividend per Share
- -
0.26
0.23
0.46
0.1
0.2
0.21
0.26
0.27
0.35
0.49
0.49
0.49
Book Value per Share
0.4
0.49
1.26
2.45
2.64
2.77
3.14
3.51
4.16
4.65
4.86
5.31
5.66
Tangible Book Value per Share
0.4
0.49
1.26
2.45
2.18
2.31
2.69
2.89
3.54
4.03
4.14
4.53
4.88
Basic Weighted Avg Shares
2,500
2,500
2,000
2,152
2,500
2,500
2,500
2,500
2,500
2,500
2,365
2,260
2,261
Sales/Revenue/Turnover
3,480
3,892
4,297
4,501
4,480
5,347
5,926
5,880
7,715
8,087
8,791
8,747
8,889
Operating Margin (%)
24.8
31.25
29
17.55
16.11
23.57
34.23
22.37
26.67
28.81
29.96
30.26
27.61
Depreciation Expense
- -
360
469
658
502
640
735
952
1,216
1,300
1,434
1,701
1,753
Net Income, GAAP
408
379
788
718
712
1,023
1,533
1,403
2,215
2,125
2,120
2,163
2,157
Effective Tax Rate (%)
7.25
11.75
9.11
0.26
7.24
9.98
10.11
8.06
5.91
7.46
9.06
6.24
6.77
Profit Margin (%)
11.71
9.73
18.33
15.95
15.89
19.14
25.87
23.86
28.71
26.28
24.12
24.72
24.27
Working Capital
-1,474
-2,753
-1,315
2,002
289
-143
661
1,020
1,783
2,009
1,131
782
578
LT Debt
2,055
455
3,518
2,920
2,243
3,837
3,062
5,465
6,960
5,619
6,989
6,495
6,446
Total Equity
1,446
2,112
2,660
6,247
6,970
7,280
8,324
9,110
10,812
12,039
11,732
11,925
12,706
Return on Invested Capital (%)
- -
17.89
16.08
8.59
6.92
10.83
14.39
11.92
13.49
12.79
12.42
12.25
11.48
Return on Capital (%)
- -
3.36
7.73
9.55
8.12
9.85
12.49
10.49
13.45
12.08
11.31
11.26
10.9
Return on Common Equity (%)
- -
42.64
44.93
16.61
11.2
15.15
20.76
16.86
23.08
19.29
18.49
18.95
18.24

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,666
2,617
2,496
LT Borrowings
3,897
4,108
3,896
LT Finance Leases
2,598
2,625
2,550
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,167
2,167
2,167
Market Capitalization
14,955
17,122
19,072

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,906
4,810
4,415
Cash, Cash Equivalents & STI
3,245
3,123
2,804
Accounts Receivable, Net
1,145
1,364
1,281
Inventories
197
240
225
Total Current Liabilities
4,124
4,118
3,837
Payables & Accruals
1,377
1,446
1,281
ST Debt
2,666
2,617
2,496
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.97%
7.71%
1.65%
Free Cash Flow
-96.18%
13.15%
117.86%
Net Income, GAAP
23.89%
9.42%
2%
Sales/Revenue/Turnover
8.83%
8.69%
-0.5%
Total Cash Common Dividend
19.66%
16.98%
-6.13%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,132
2,387
2,171
2,101
8,791
2025
2,069
2,217
2,323
2,138
8,747
2026
2,112
2,317
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.23
0.27
0.19
0.2
0.9
2025
0.31
0.2
0.25
0.18
0.96
2026
0.28
0.25
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.26
- -
0.24
0.49
2025
- -
0.24
- -
0.23
0.49
2026
- -
0.25
- -
- -
- -

Company Description

CEO
Prompong Chaisisawatsuk
Full Time Employees
130
Sector
Transportation
Industry
Marine shipping
Address
80 Soi Bangna-Trad 30 Bangkok BM Thailand 10260
IPO Date
Sep 14, 2017
Business
Prima Marine Public Company Limited (PRM.BK), a Thailand-based provider of integrated marine transportation and storage services for petroleum and chemical products, operates oil and petrochemical tankers for shipping crude oil, refined oil products, semi-petroleum products, and liquefied petrochemicals; floating storage units (FSUs) for crude oil and fuel oil; offshore support vessels including anchor handling tugs, accommodation work barges, and vessels supporting petroleum exploration and production; and ship management services encompassing ship agency, crew recruitment, and transportation, primarily serving customers in Thailand, Singapore, and international markets. Founded in 1987 and headquartered at 80 Soi Bangna-Trad 30, Bangna-Trad Road, Bangna, Bangkok, the company is a subsidiary of Nathalin Group Co., Ltd. and maintains core business segments in trading, FSU, offshore support, and ship management, with a fleet of vessels valued at approximately THB 9.9 billion as of December 2024. In recent developments, Prima Marine completed the acquisition of V.C. Shipping and Services Co., Ltd. for THB 200 million in 2024 to enhance its integrated transportation solutions and expand its customer base among global petroleum producers; established a new subsidiary; purchased treasury shares worth THB 1.2 billion; and reported revenue of THB 8.8 billion for the year ended December 2024, reflecting ongoing fleet investments amid competitive market conditions.