Sino-Thai Engineering and Construction Public Company Limited

    Sino-Thai Engineering and Construction Public Company Limited

    SSET:STEC-R
    - -
    THB
    - -
    - -
    50.80P/E

    Share Statistics

    As of June 30, 2024, Sino-Thai Engineering and Construction Public Company Limited has 1.53B shares outstanding.

    Shares Outstanding1.53B

    Valuation Ratios

    As of June 30, 2024, Sino-Thai Engineering and Construction Public Company Limited trades at a trailing price-to-earnings ratio of 50.80. The price-to-sales ratio is 0.40, and the price-to-book ratio stands at 1.16.

    PE Ratio50.80
    PS Ratio0.40
    PB Ratio1.16
    P/TBV Ratio0.71
    P/FCF Ratio-12.45
    P/OCF Ratio-7.07

    Enterprise Valuation

    As of June 30, 2024, Sino-Thai Engineering and Construction Public Company Limited trades at an EV/EBITDA multiple of 9.65 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.44 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 21.96 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses.

    EV / Sales0.44
    EV / EBITDA9.65
    EV / EBIT21.96

    Financial Position

    As of June 30, 2024, Sino-Thai Engineering and Construction Public Company Limited maintains a current ratio of 0.75, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 28.65, indicating elevated leverage, while an interest coverage ratio of 14.32 demonstrates strong ability to service its debt obligations.

    Current Ratio0.75
    Quick Ratio0.56
    Debt / Equity28.65
    Debt / EBITDA3.49
    Interest Coverage14.32

    Financial Efficiency

    Over the twelve months ended June 30, 2024, Sino-Thai Engineering and Construction Public Company Limited posted a return on equity (ROE) of 2.28, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 2.06 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 0.52, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 2.17, useful for judging operating efficiency across full business cycles. Inventory turnover of 45.45 indicates how many times Sino-Thai Engineering and Construction Public Company Limited sells and replaces its inventory over a year, a key working capital efficiency ratio.

    Return on Equity (ROE)2.28
    Return on Assets (ROA)0.52
    Return on Invested Capital (ROIC)2.06
    Return on Capital Employed (ROCE)2.17
    Inventory Turnover45.45

    Taxes

    These figures cover the twelve months ended June 30, 2024. That works out to an effective tax rate of 31.78, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

    Effective Tax Rate31.78

    Margins

    Over the twelve months ended June 30, 2024, Sino-Thai Engineering and Construction Public Company Limited posted a gross margin of 4.48, reflecting its pricing power and cost economics. The operating margin of 2.00 and net profit margin of 0.78 provide insight into operational efficiency.

    Gross Margin4.48
    Operating Margin2.00
    Pretax Margin1.19
    Profit Margin0.78
    EBITDA Margin4.55

    Dividends & Yields

    These figures cover the twelve months ended June 30, 2024. The dividend payout ratio of 88.30 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -8.03: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -29.99, meaning Sino-Thai Engineering and Construction Public Company Limited raised more capital through share issuance and new debt than it returned via dividends and buybacks.

    Payout Ratio88.30
    Shareholder Yield-29.99
    FCF Yield-8.03

    Stock Splits

    Sino-Thai Engineering and Construction Public Company Limited's most recent stock split took place on March 12, 2013 with a 7:9 split ratio.

    Last Split Date3/12/2013
    Split Ratio7:9

    Scores

    As of June 30, 2024, Sino-Thai Engineering and Construction Public Company Limited has an Altman Z-Score of 1.06, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score1.06