1. Thailand Stocks

  2. •

    Healthcare

  3. •

    Medical - Care Facilities
Wattanapat Hospital Trang Public Company Limited

Wattanapat Hospital Trang Public Company Limited

WPH.BK
Wattanapat Hospital Trang Public Company LimitedTH flagStock Exchange of Thailand
5.90
THB
-0.10
- -
4.21BMarket Cap
Wattanapat Hospital Trang Public Company Limited
WPH.BK
(Stock Exchange of Thailand)

Recent

price

5.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.66
1.05
1.2
1.06
0.96
1.16
1.09
1.89
1.76
2.25
2.88
3.31
3.42
Revenue per Share
-0.03
0.1
0.16
0.05
0.08
- -
-0.04
0.36
0.18
0.14
0.39
0.5
0.51
Basic EPS, GAAP
0.09
0.07
-0.13
-0.1
-0.57
-0.25
-0.24
-0.09
-0.19
-0.35
0.26
-0.46
-0.1
Free Cash Flow per Basic Share
- -
0.02
0.04
0.46
0.02
0.06
0.05
0.03
0.09
0.1
0.09
- -
- -
Dividend per Share
0.39
0.6
0.74
0.64
0.56
0.5
0.4
0.71
0.79
0.83
1.1
1.6
1.85
Book Value per Share
0.39
0.6
0.77
1.68
1.36
1.29
1.18
1.52
1.6
1.67
2.26
2.88
3.13
Tangible Book Value per Share
649
453
453
502
649
649
649
649
649
649
706
704
704
Basic Weighted Avg Shares
431
477
542
533
626
754
705
1,226
1,145
1,460
2,032
2,330
2,405
Sales/Revenue/Turnover
4.06
10.26
14.99
4.48
8.67
-0.82
-3.76
24.17
13.81
10.54
18.83
19.72
19.28
Operating Margin (%)
55
38
35
37
29
47
60
73
79
120
150
167
171
Depreciation Expense
-17
43
72
24
51
-1
-28
232
116
93
279
352
359
Net Income, GAAP
- -
- -
2.3
- -
3.7
- -
- -
14.4
19.44
14.88
16.01
15.05
14.81
Effective Tax Rate (%)
-3.86
9.12
13.33
4.54
8.22
-0.13
-4.02
18.94
10.1
6.37
13.72
15.1
14.94
Profit Margin (%)
11
5
-52
275
-9
-58
-44
239
-34
-210
19
-14
20
Working Capital
112
85
94
- -
125
272
490
594
793
899
801
985
996
LT Debt
255
272
351
846
886
842
772
988
1,044
1,098
1,619
2,047
2,227
Total Equity
- -
- -
17.01
- -
5.46
- -
- -
16.54
6.96
6.12
13.17
13.38
12.27
Return on Invested Capital (%)
- -
- -
17.26
- -
12.15
- -
- -
23.27
9.9
7.9
17.65
17.87
16.07
Return on Capital (%)
- -
16.52
23.74
7.32
15.04
-0.29
-9.77
64.8
23.8
17.73
42.43
36.92
31.78
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
193
245
210
LT Borrowings
979
979
990
LT Finance Leases
8
6
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
714
714
714
Market Capitalization
4,486
4,234
4,120

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
393
480
544
Cash, Cash Equivalents & STI
146
131
108
Accounts Receivable, Net
171
267
337
Inventories
54
61
72
Total Current Liabilities
385
494
524
Payables & Accruals
192
249
313
ST Debt
193
245
210
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.45%
22.53%
26.44%
Free Cash Flow
-5.59%
-66.18%
-274.64%
Net Income, GAAP
204.96%
-152.69%
26.15%
Sales/Revenue/Turnover
19.21%
29.71%
14.65%
Total Cash Common Dividend
- -
- -
-97.73%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
575
436
500
521
2,032
2025
721
479
490
640
2,330
2026
797
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.05
0.1
- -
0.39
2025
0.26
0.05
0.05
- -
0.5
2026
0.27
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.09
- -
- -
0.09
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
LNA Santé S.A. (0OR2.L)
Asian American Medical Group Limited (AJJ.AX)
LDC Dental Public Company Limited (LDC.BK)
CareRx Corporation (CHHHF)
PJSC United Medical Group (GEMC.ME)
Almoosa Health Company (4018.SR)
Business
Wattanapat Hospital Trang Public Company Limited (WPH.BK) operates private hospitals and clinics in southern Thailand, providing comprehensive medical and surgical services through its flagship 120-bed Wattanapat Hospital Trang and subsidiary Wattanapat Hospital Ao Nang; core offerings encompass obstetrics and gynecology, surgery, internal medicine, pediatrics, neurology, cardiology, ophthalmology, ear-nose-throat, dermatology and aesthetics, dentistry, wellness and hyperbaric oxygen therapy, kidney dialysis, endocrinology, orthopedics, physical therapy, gastroenterology, X-ray and MRI imaging, emergency care, and health promotion centers including annual checkups and pre-employment screenings. Founded in 1957 by Dr. Wittaya Leelawat and headquartered at 247/2 Phatthalung Road, Tambon Thap Thiang, Muang District, Trang 92000, the company serves patients in Trang, Krabi, Phatthalung, and neighboring provinces, including local residents, corporate clients, and medical tourists with advanced equipment such as CT scanners, MRI, ultrasonography, and digital mammography. Its subsidiaries include Wattanapat Hospital Ao Nang Co., Ltd., in which it holds a majority stake, supporting expansion into international clinics and specialized care. Recent developments include the 2023 establishment of Koon Ao Nang Company Limited, a joint venture with Ekachai Medical Care Public Company Limited (EKH), to build and operate the 36-bed Koon Ao Nang Hospital in Krabi for palliative care and elderly nursing home services on leased land from its subsidiary, with operations slated to commence in the third or fourth quarter of 2025; ongoing construction of the Koon Wattanapat building and upgrades to medical centers; and a 1.2 billion baht investment in land acquisition and development for Wattanapat Phuket Hospital, targeting completion by the third quarter of 2026 amid investments in equipment and facilities driving asset growth.