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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
Thai Mitsuwa Public Co. Ltd.
SET:TMW.R
(Stock Exchange of Thailand)

Recent

price

55.25

P/E

ratio

4.54

div

yld

6.54%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
THB
37.22
40.59
59.51
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
Revenue per Share
1.64
0.42
11.25
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
Basic EPS, GAAP
-0.38
-0.76
0.43
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
Free Cash Flow per Basic Share
0.25
0.5
1
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
Dividend per Share
23.05
24.42
34.61
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
Book Value per Share
23
24.34
34.19
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
Tangible Book Value per Share
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
40
Basic Weighted Avg Shares
1,482
1,628
2,374
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
Sales/Revenue/Turnover
4.58
2.75
12.21
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
Operating Margin (%)
98
108
147
169
174
168
165
179
210
262
288
276
251
249
261
305
318
Depreciation Expense
65
17
449
149
127
115
175
334
371
236
61
119
225
552
479
540
510
Net Income, GAAP
28.59
71.8
23.61
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
Effective Tax Rate (%)
4.41
1.03
18.9
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
Profit Margin (%)
210
73
354
460
665
619
824
804
613
510
538
674
924
1,362
1,447
1,637
1,806
Working Capital
- -
90
24
17
6
35
146
79
3
130
41
1
1
- -
16
42
34
LT Debt
920
974
1,381
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
Total Equity
6.71
1.28
32.99
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 Invested Capital (%)
7.28
1.79
34.89
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 Capital (%)
7.28
1.78
38.1
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
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.