1. Thailand Stocks

  2. •

    Process industries

  3. •

    Containers/Packaging
Thai Mitsuwa Public Co. Ltd.

Thai Mitsuwa Public Co. Ltd.

55.25
THB
-0.25
(-0.45%)
12.79EPS
4.54P/E
2.31BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
54.88
49.1
54.41
61.52
73.83
82.1
72.95
62
76.77
92.52
100.72
97.5
105.03
104.9
Basic EPS, GAAP
3.73
3.17
2.89
4.38
8.37
9.29
5.91
1.52
2.98
5.64
13.82
12
13.54
12.79
Free Cash Flow per Basic Share
6.01
4.97
-2.15
1.48
6.19
-5.53
-3.01
5.76
2.86
9.17
9.92
7.59
5.39
5.46
Dividend per Share
2
1.2
1
1.05
1.32
2.55
2.8
1.78
0.46
0.9
1.7
4.15
3.61
3.61
Book Value per Share
36.75
38.86
41.47
44.8
51.99
58.67
61.58
61.38
63.9
68.61
80.66
88.47
98.39
101.5
Tangible Book Value per Share
36.4
38.59
41.29
44.69
51.9
58.45
60.66
60.66
63.35
68.25
80.5
88.36
98.27
101.4
Basic Weighted Avg Shares
40
40
40
40
40
40
40
40
40
40
40
40
40
40
Sales/Revenue/Turnover
2,190
1,959
2,171
2,455
2,946
3,276
2,911
2,474
3,063
3,692
4,019
3,890
4,191
4,184
Operating Margin (%)
7.64
7.26
7.21
8.38
13.3
12.61
9.1
2.98
4.3
6.32
14.11
15.3
15.54
15.03
Depreciation Expense
169
174
168
165
179
210
262
288
276
251
249
261
305
318
Net Income, GAAP
149
127
115
175
334
371
236
61
119
225
552
479
540
510
Effective Tax Rate (%)
16.28
19.16
8.78
17.72
16.39
12.7
14.29
20.28
17.31
9.98
9.15
19.5
16.82
18.64
Profit Margin (%)
6.8
6.46
5.3
7.12
11.34
11.31
8.1
2.46
3.88
6.09
13.73
12.31
12.9
12.19
Working Capital
460
665
619
824
804
613
510
538
674
924
1,362
1,447
1,637
1,806
LT Debt
17
6
35
146
79
3
130
41
1
1
- -
16
42
34
Total Equity
1,466
1,551
1,655
1,788
2,074
2,341
2,457
2,449
2,550
2,737
3,218
3,530
3,926
4,050
Return on Invested Capital (%)
9.91
8.2
8.26
9.03
15.26
15.38
8.89
2.49
4.68
8.45
18.39
13.95
14.15
12.81
Return on Capital (%)
10.15
8.28
7.12
9.58
16.17
16.16
9.46
2.49
4.68
8.46
18.53
14.14
14.35
13.09
Return on Common Equity (%)
10.46
8.39
7.19
10.16
17.3
16.79
9.82
2.48
4.76
8.51
18.52
14.2
14.5
13.19

Capital Structure

THB

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
24
30
30
LT Borrowings
- -
- -
- -
LT Finance Leases
37
42
34
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
2,234
2,204
2,314

Working Capital

THB

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
2,334
2,487
2,620
Cash, Cash Equivalents & STI
1,099
1,208
1,275
Accounts Receivable, Net
710
690
721
Inventories
462
533
573
Total Current Liabilities
682
850
813
Payables & Accruals
629
799
769
ST Debt
24
30
30
Deferred Revenue
- -
14
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.15%
9.99%
11.21%
Free Cash Flow
-25.17%
25.23%
-29.05%
Net Income, GAAP
37.27%
65.91%
12.84%
Sales/Revenue/Turnover
7.58%
11.54%
7.73%
Total Cash Common Dividend
33.88%
48.3%
-13.01%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
994
1,090
948
859
3,890
2026
1,061
1,096
1,056
977
4,191
2027
1,055
- -
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.36
3.44
3.29
1.91
12
2026
3.88
4.2
3.39
2.08
13.54
2027
3.12
- -
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
4.14
- -
- -
4.15
2026
- -
3.61
- -
- -
3.61
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hiroshi Yamada
Full Time Employees
1,443
Sector
Process industries
Industry
Containers/Packaging
Address
31 Moo 2, Tambol Banchang Amphoe Mueang PT Thailand 12000
IPO Date
Oct 9, 2003
Website
thaimitsuwa.com
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Business
Thai Mitsuwa Public Company Limited operates primarily in the manufacturing and distribution sector, specializing in electrical appliances and components. Its core products include various electrical and electronic appliances, lighting solutions, electrical wiring devices, and related equipment. The company manufactures, sells, and distributes a wide range of products such as electrical switches, sockets, circuit breakers, lighting fixtures, and other electrical installation materials. Thai Mitsuwa serves both industrial clients and retail markets across Thailand and extends its operations within the ASEAN region. Founded in 1982, the company is headquartered in Bangkok, Thailand. It targets diverse markets including construction, industrial infrastructure, and residential electrical supply. Thai Mitsuwa operates through direct sales, distributors, and strategic partnerships to enhance its market reach. In recent developments within the last two years, Thai Mitsuwa has focused on expanding its product portfolio with new lighting technologies and energy-efficient solutions aligned with market trends toward sustainable and smart electrical appliances. The company has also strengthened its distribution network by forming new partnerships and optimizing its supply chain to improve operational efficiency. This strategic expansion supports its position as a leading electrical component provider in the region. The company’s business segments encompass electrical appliance manufacturing, wholesale distribution, and retail sales services. Subsidiaries and affiliated entities under Thai Mitsuwa expand its capabilities in the electrical sector, providing comprehensive end-to-end solutions from product design to after-sales service. With a focus on innovation and customer-centric services, Thai Mitsuwa continues to adapt to evolving technology standards and regulatory requirements, reinforcing its competitiveness in the electrical products market in Southeast Asia.