1. Thailand Stocks

  2. •

    Communication Services

  3. •

    Advertising Agencies
VGI Public Company Limited

VGI Public Company Limited

VGI.BK
VGI Public Company LimitedTH flagStock Exchange of Thailand
0.94
THB
- -
- -
19.84BMarket Cap
VGI Public Company Limited
VGI.BK
(Stock Exchange of Thailand)

Recent

price

0.94

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
0.25
0.84
0.44
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
Revenue per Share
0.03
0.12
0.14
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
Basic EPS, GAAP
0.02
0.12
0.04
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
Free Cash Flow per Basic Share
0.04
0.17
0.07
0.14
0.14
0.07
0.09
0.06
0.09
0.1
0.04
0.06
0.06
0.04
- -
- -
- -
Dividend per Share
0.07
0.11
0.14
0.15
0.12
0.18
0.21
0.26
0.28
0.32
0.43
0.36
0.24
-0.1
0.07
- -
-0.04
Book Value per Share
0.06
0.09
0.27
0.26
0.24
0.46
0.13
0.49
1.59
1.4
1.88
3.35
2.63
2.14
2.52
- -
1.74
Tangible Book Value per Share
5,673
2,355
6,378
7,064
7,064
7,065
7,065
7,169
8,443
8,837
8,650
8,650
11,195
11,195
14,056
- -
20,479
Basic Weighted Avg Shares
1,401
1,977
2,838
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
4,349
Sales/Revenue/Turnover
182.12
20.81
40.81
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
-21.33
Operating Margin (%)
90
99
100
90
160
237
347
434
486
619
469
486
516
643
688
713
713
Depreciation Expense
172
278
902
1,146
838
941
826
846
1,101
1,424
980
-120
-65
-3,489
501
-1,064
-1,064
Net Income, GAAP
34.21
34.73
24.03
19.24
20.63
17.6
21.43
20.63
19.91
19.42
12.78
- -
- -
- -
20.34
- -
210.34
Effective Tax Rate (%)
12.3
14.08
31.77
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
-24.46
Profit Margin (%)
76
-45
1,258
868
-396
1,141
-195
1,657
698
-53
16
6,327
7,965
7,606
22,576
22,380
22,380
Working Capital
- -
- -
- -
- -
206
173
1,933
1,489
1,439
1,200
378
375
321
302
259
557
557
LT Debt
414
299
1,821
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
36,656
Total Equity
361.26
67.12
77.38
56.49
36.92
17.96
11.08
13.57
4.37
1.52
-1.56
- -
- -
- -
-1.44
- -
-1.08
Return on Invested Capital (%)
43.86
89.61
158.97
118.47
56.63
36.52
20.17
15.4
15.28
23.85
20.6
- -
- -
- -
31.91
- -
66.14
Return on Capital (%)
43.82
89.5
158.68
118.41
86.71
86.97
60.39
50.49
52.15
55.7
30.12
-3.54
-2.25
- -
- -
- -
269.3
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
264
264
269
LT Borrowings
- -
- -
- -
LT Finance Leases
591
575
557
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21,101
21,101
21,101
Market Capitalization
28,581
19,455
19,045

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
24,855
24,859
24,680
Cash, Cash Equivalents & STI
21,439
21,315
21,111
Accounts Receivable, Net
334
321
193
Inventories
198
180
153
Total Current Liabilities
2,574
2,371
2,301
Payables & Accruals
1,199
1,140
1,110
ST Debt
264
264
269
Deferred Revenue
285
180
160

Growth Rates

FRC

•

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
- -
- -
-41.94%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,056
1,016
1,260
1,203
4,535
2025
1,130
1,269
1,370
1,151
4,920
2026
1,043
1,049
1,209
1,047
4,348

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
0.02
-0.3
- -
-0.31
2025
0.01
0.01
0.02
- -
0.04
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.04
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Publicis Groupe S.A. (PUB.PA)
CyberAgent, Inc. (CYAGF)
Plan B Media Public Company Limited (PLANB.BK)
Lovable Marketing Group,inc. (9254.T)
Myriad Interactive Media, Inc. (MYRY)
China Mass Media Corp. (CMM)
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.