1. Thailand Stocks

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    Commercial services

  3. •

    Advertising/Marketing services
VGI Public Company Limited NVDR

VGI Public Company Limited NVDR

1.13
THB
-0.03
(-2.59%)
-0.05EPS
19.62BMarket Cap
Nov 06Next 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
2026 Y
TTM
Revenue per Share
0.45
0.42
0.33
0.43
0.55
0.37
0.41
0.25
0.45
0.41
0.41
0.35
0.21
0.21
Basic EPS, GAAP
0.16
0.12
0.13
0.12
0.12
0.13
0.16
0.11
-0.01
-0.01
-0.31
0.04
-0.05
-0.04
Free Cash Flow per Basic Share
0.11
0.08
0.07
0.09
0.11
0.13
0.06
-0.03
-0.07
-0.04
-0.14
0.01
-0.03
-0.03
Dividend per Share
0.14
0.14
0.07
0.09
0.06
0.09
0.1
0.04
0.06
0.06
0.04
- -
0.01
- -
Book Value per Share
0.27
0.26
0.31
0.26
0.59
1.54
1.43
1.85
3.25
2.51
2.08
1.74
1.66
1.68
Tangible Book Value per Share
0.26
0.2
0.24
-0.04
0.27
1.18
1.35
1.77
3.13
2.4
1.98
1.67
1.62
1.63
Basic Weighted Avg Shares
7,064
7,064
7,065
7,065
7,169
8,443
8,837
8,650
8,650
11,195
11,195
14,056
20,634
20,910
Sales/Revenue/Turnover
3,149
2,963
2,341
3,051
3,936
3,147
3,581
2,167
3,934
4,636
4,535
4,920
4,348
4,370
Operating Margin (%)
43.86
39.41
34.11
24.15
30.09
24.02
9.2
-13.88
-13.6
-19.58
-29.68
-11.41
-21.34
-20.18
Depreciation Expense
90
160
237
347
434
486
619
469
486
516
643
688
713
715
Net Income, GAAP
1,146
838
941
826
846
1,101
1,424
980
-120
-65
-3,489
501
-1,064
-847
Effective Tax Rate (%)
19.24
20.63
17.6
21.43
20.63
19.91
19.42
12.78
- -
- -
- -
20.34
- -
- -
Profit Margin (%)
36.38
28.27
40.17
27.08
21.5
34.99
39.76
45.21
-3.06
-1.4
-76.93
10.19
-24.46
-19.39
Working Capital
868
-396
1,141
-195
1,657
698
-53
16
6,327
7,965
7,606
22,576
22,380
22,419
LT Debt
- -
206
173
1,933
1,489
1,439
1,200
378
375
321
302
259
557
535
Total Equity
1,953
2,121
3,835
3,105
5,926
16,607
13,078
17,063
29,983
30,651
25,134
36,754
36,656
36,980
Return on Invested Capital (%)
56.49
31.79
23.82
14.08
13.57
4.37
4.84
4.02
- -
- -
- -
0.51
- -
- -
Return on Capital (%)
60.74
34.96
26.84
17.52
12.12
7.57
9.21
6.61
- -
- -
- -
2.25
- -
- -
Return on Common Equity (%)
60.71
44.29
46.2
40.33
26.94
12.15
10.76
6.67
-0.53
-0.23
-13.57
1.73
-3.04
-2.43

Capital Structure

THB

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
264
269
162
LT Borrowings
- -
- -
- -
LT Finance Leases
575
557
535
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21,101
21,101
21,101
Market Capitalization
20,046
19,624
19,624

Working Capital

THB

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
24,859
24,680
24,828
Cash, Cash Equivalents & STI
21,315
21,111
20,843
Accounts Receivable, Net
321
193
176
Inventories
180
153
224
Total Current Liabilities
2,371
2,301
2,409
Payables & Accruals
1,140
1,110
1,276
ST Debt
264
269
162
Deferred Revenue
180
160
198

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
36.72%
21.18%
-0.27%
Free Cash Flow
-43.14%
-64.95%
-613.62%
Net Income, GAAP
471.07%
938.44%
-312.22%
Sales/Revenue/Turnover
10.76%
18.82%
-11.61%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,130
1,269
1,370
1,151
4,920
2026
1,043
1,049
1,209
1,047
4,348
2027
1,065
- -
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.01
0.01
0.02
- -
0.04
2026
- -
- -
- -
-0.06
-0.05
2027
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
0.01
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Shun Leung Lap
Full Time Employees
684
Sector
Commercial services
Industry
Advertising/Marketing services
Address
1000/9, BTS Visionary Park – South Tower Bangkok BM Thailand 10900
IPO Date
Sep 28, 2012
Website
vgi.co.th
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Business
VGI Public Company Limited provides offline-to-online (O2O) marketing solutions through advertising, payment, and distribution platforms in Thailand. The company operates four main segments: Transit, offering advertising services in BTS SkyTrain stations, trains, train bodies, and columns, along with retail and merchandising space leasing at BTS stations; Digital Service, encompassing online advertising, data management, electronic payment services including Rabbit Card and Rabbit Line Pay mobile wallet, non-life and online car insurance brokerage, digital loans under the Rabbit Cash brand, and bill payment services; Distribution, selling and distributing technology products from China such as OEM products; and Other, providing advertising in office buildings and additional media consulting, management consulting, and edutainment book publishing. Founded in 1998 by Kavin Kanjanapas as part of the BTS SkyTrain ecosystem with exclusive advertising rights until December 2029, VGI is headquartered at 1000/9 BTS Visionary Park - South Tower, 27th Floor, Phahonyothin Road, Chomphon Sub-district, Chatuchak District, Bangkok, Thailand, and primarily serves brand advertisers, consumers, and businesses in the advertising and digital services sectors nationwide. In recent developments, VGI reported fiscal year 2024/25 net profit of THB 501 million driven by advertising and digital services growth, followed by 2Q 2025/26 results showing THB 1,123 million in revenue and 33.8% gross margin reflecting strong cost management and partnerships; the company continues advancing O2O innovations including data-driven digital agency services via VGI Digital Lab and a strategic joint venture V-Click Technology with iClick Interactive for China traveler marketing solutions.