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  2. •

    Industrial services

  3. •

    Engineering & construction
Well Graded Engineering Public Company Ltd

Well Graded Engineering Public Company Ltd

0.63
THB
-0.01
(-1.56%)
0.20EPS
3.77P/E
456.00MMarket Cap
Well Graded Engineering Public Company Ltd
SET:WGE.R
(Stock Exchange of Thailand)

Recent

price

0.63

P/E

ratio

3.77

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
THB
3.43
1.83
1.98
2.76
3
3.85
4.3
3.93
Revenue per Share
0.26
0.1
0.02
-0.2
-0.37
0.09
0.25
0.2
Basic EPS, GAAP
-0.03
-0.19
-0.32
-0.42
-0.23
0.21
0.65
0.3
Free Cash Flow per Basic Share
0.23
0.08
- -
0.05
- -
- -
- -
- -
Dividend per Share
0.49
1.09
1.12
0.86
0.5
0.58
0.83
0.94
Book Value per Share
0.48
1.08
1.11
0.86
0.49
0.58
0.83
0.93
Tangible Book Value per Share
440
468
600
600
600
600
600
600
Basic Weighted Avg Shares
1,510
858
1,185
1,655
1,801
2,311
2,579
2,360
Sales/Revenue/Turnover
9.63
7.11
1.93
-8.64
-13.82
7.59
7.86
6.86
Operating Margin (%)
17
22
35
47
45
43
42
46
Depreciation Expense
115
45
14
-122
-221
51
149
121
Net Income, GAAP
20.41
21.69
30.33
- -
- -
34.62
22.71
20.87
Effective Tax Rate (%)
7.59
5.26
1.18
-7.39
-12.3
2.21
5.79
5.12
Profit Margin (%)
27
413
196
-81
-441
-336
-173
-155
Working Capital
8
36
50
83
50
94
77
52
LT Debt
293
656
670
517
298
349
498
562
Total Equity
- -
8.81
1.92
- -
- -
8.25
22.68
18.54
Return on Invested Capital (%)
- -
8.98
2.01
- -
- -
8.59
23.75
19.15
Return on Capital (%)
- -
9.52
2.12
-20.62
-54.38
15.81
35.3
24.14
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
92
89
77
LT Borrowings
74
52
46
LT Finance Leases
4
3
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
600
600
600
Market Capitalization
468
456
456

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
687
700
813
Cash, Cash Equivalents & STI
284
326
314
Accounts Receivable, Net
280
207
288
Inventories
29
47
72
Total Current Liabilities
860
895
968
Payables & Accruals
537
567
598
ST Debt
92
89
77
Deferred Revenue
231
238
293

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-0.63%
42.86%
Free Cash Flow
- -
23.9%
203.1%
Net Income, GAAP
- -
-178.03%
192.52%
Sales/Revenue/Turnover
- -
25.31%
11.62%
Total Cash Common Dividend
- -
- -
-100%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
493
529
561
728
2,311
2025
714
582
603
680
2,579
2026
555
522
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.04
-0.05
0.05
0.09
2025
0.08
0.08
0.03
0.07
0.25
2026
0.05
0.05
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Well Graded Engineering Public Company Limited operates as a construction contractor in Thailand, providing full turnkey services for commercial and residential projects; technical consultancy in engineering and architecture; manufacturing of precast concrete products at its own plant in Lat Lum Kaeo, Pathumthani; value engineering services to optimize project costs without compromising quality or safety; renovation and interior works; and after-sales support including warranties, maintenance, and technical advice. The company serves public and private sectors with construction of high-rise and low-rise condominiums, office buildings, hospitals, sales galleries, community malls, factories, infrastructure, public utilities, staff housing, and student dormitories, targeting developers, government agencies, and state enterprises primarily in Thailand. Founded in 2010 and headquartered at 50/1203 Moo 9, Bangpood, Pakkred, Nonthaburi, Thailand, it listed on the Stock Exchange of Thailand in 2020 and maintains a subsidiary, Well Graded Engineering and Construction Co., Ltd., focused on infrastructure such as roads, bridges, and water systems. Recent developments include the award of two new construction projects announced in August 2024 and the release of management discussion and analysis for Q3 2024 in November 2024 and full-year 2024 in February 2025, reflecting ongoing operational expansions amid steady project backlogs. The company reports trailing twelve-month revenue of THB 2.53 billion and employs 263 staff, with over 100 completed projects underscoring its growth in the competitive Thai construction market.