SAFE FERTILITY GROUP PUBLIC COMPANY LIMITED

SAFE FERTILITY GROUP PUBLIC COMPANY LIMITED

5.20
THB
-0.05
(-0.95%)
0.41EPS
13.50P/E
1.73BMarket Cap
Nov 05Next Earn
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.84
2.39
3.23
2.73
2.31
2.3
Basic EPS, GAAP
0.26
0.53
0.77
0.55
0.43
0.42
Free Cash Flow per Basic Share
0.52
0.58
0.65
0.62
0.55
0.54
Dividend per Share
0.22
0.18
1.12
0.15
0.62
0.41
Book Value per Share
3.61
3.96
5.44
5.85
5.65
5.44
Tangible Book Value per Share
3.57
3.93
5.4
5.81
5.61
5.42
Basic Weighted Avg Shares
304
304
263
304
304
304
Sales/Revenue/Turnover
560
727
849
830
702
700
Operating Margin (%)
18.05
28.03
28.57
24.47
20.94
20.8
Depreciation Expense
77
64
59
62
47
46
Net Income, GAAP
78
162
202
167
131
128
Effective Tax Rate (%)
20.61
20.34
19.07
22.94
21.03
20.56
Profit Margin (%)
13.98
22.28
23.78
20.13
18.68
18.34
Working Capital
926
1,049
1,446
1,589
1,560
1,488
LT Debt
80
73
73
61
47
39
Total Equity
1,096
1,210
1,658
1,790
1,727
1,664
Return on Invested Capital (%)
- -
12.92
12.74
8.61
6.32
6.65
Return on Capital (%)
- -
13.26
13.54
9.54
7.5
7.76
Return on Common Equity (%)
- -
14.08
14.12
9.74
7.51
7.76

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
14
15
15
LT Borrowings
- -
- -
- -
LT Finance Leases
47
43
39
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
304
304
304
Market Capitalization
1,930
1,824
1,733

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,659
1,710
1,604
Cash, Cash Equivalents & STI
1,605
1,660
1,552
Accounts Receivable, Net
14
17
18
Inventories
31
24
25
Total Current Liabilities
99
110
116
Payables & Accruals
57
67
74
ST Debt
14
15
15
Deferred Revenue
26
26
26

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-3.56%
Free Cash Flow
- -
- -
-12.02%
Net Income, GAAP
- -
- -
-21.54%
Sales/Revenue/Turnover
- -
- -
-15.44%
Total Cash Common Dividend
- -
- -
313.31%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
251
215
193
172
830
2025
176
173
178
174
702
2026
174
173
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.22
0.15
0.1
0.08
0.55
2025
0.11
0.11
0.11
0.1
0.43
2026
0.11
0.1
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.15
- -
- -
0.15
2025
- -
0.62
- -
- -
0.62
2026
- -
0.41
- -
- -
- -

Company Description

CEO
Wiwat Quangkananurug
Sector
Health services
Industry
Medical/Nursing services
Address
Bangkok Thailand
IPO Date
Nov 2, 2023
Business
Safe Fertility Group Public Company Limited is a Thailand-based healthcare provider specializing in assisted reproductive technology (ART), clinical genetic testing, and integrated wellness services. Founded in 2007 and headquartered in Bangkok, Thailand, the company operates specialized fertility clinics and diagnostic laboratories that cater to both domestic and international patients across key metropolitan and medical tourism destinations, including Bangkok (Gaysorn Amarin flagship and Ramindra), Phuket, Khon Kaen, and Sriracha. The group is the first fertility clinic operator in Thailand to receive international accreditation from the Reproductive Technology Accreditation Committee (RTAC) of Australia and New Zealand. The company operates through three principal business divisions: Infertility Treatment and Clinical Services, Genetic Laboratory and Diagnostics, and Aesthetic Wellness. Its core products and service offerings comprise: assisted reproductive technologies and fertility treatments, including in vitro fertilization (IVF); intracytoplasmic sperm injection (ICSI); intrauterine insemination (IUI); intracytoplasmic morphologically-selected sperm injection (IMSI); testicular sperm extraction (TESE) and percutaneous epididymal sperm aspiration (PESA); magnetic-activated cell sorting (MACS); time-lapse embryo incubation and monitoring through EmbryoScope technology; and vitrification and cryopreservation of oocytes, sperm, and embryos; comprehensive genetic testing and laboratory services conducted primarily through its specialized subsidiary, Next Generation Genomic Co., Ltd. (NGG Thailand), including preimplantation genetic testing for aneuploidies (PGT-A), monogenic defects (PGT-M), and structural chromosomal rearrangements (PGT-SR); non-invasive prenatal testing (NIPT); next-generation sequencing (NGS); carrier screening; and molecular diagnostic testing for external hospitals and clinics; and supportive wellness and cosmetic dermatology services operated through Safe Wellness Co., Ltd., encompassing reproductive acupuncture, anti-aging treatments, and aesthetic skin procedures. In recent developments, Safe Fertility Group completed its initial public offering and began trading on the Stock Exchange of Thailand under the ticker symbol SAFE in November 2023, utilizing proceeds to expand clinical footprints and upgrade laboratory infrastructure. The company entered into a strategic collaboration with Juno Genetics to implement PGTseq-A targeted next-generation sequencing technology, enhancing chromosomal screening accuracy and clinical pregnancy success rates. In addition, the group has actively expanded business-to-business genetic testing partnerships with domestic and regional healthcare institutions while broadening its medical tourism marketing channels to capture growing demand from cross-border patients across Asia.