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Union Petrochemical

BST:1UPN
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1UPN
BST
฿495M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Union Petrochemical Public Company Limited imports and distributes chemical products in Thailand. The last earnings update was 92 days ago. More info.


Add to Portfolio Compare Print
  • Union Petrochemical has significant price volatility in the past 3 months.
1UPN Share Price and Events
7 Day Returns
33.3%
BST:1UPN
7%
DE Trade Distributors
0.8%
DE Market
1 Year Returns
-81.8%
BST:1UPN
6.9%
DE Trade Distributors
9%
DE Market
1UPN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Union Petrochemical (1UPN) 33.3% -20% -58.3% -81.8% -86.4% -89.7%
DE Trade Distributors 7% 8.4% 16.8% 6.9% -1.2% 8.4%
DE Market 0.8% 6.3% 14.4% 9% 14.5% 21.8%
1 Year Return vs Industry and Market
  • 1UPN underperformed the Trade Distributors industry which returned 6.9% over the past year.
  • 1UPN underperformed the Market in Germany which returned 9% over the past year.
Price Volatility
1UPN
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Union Petrochemical's competitors could be found in our database.

Value

 Is Union Petrochemical undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Union Petrochemical to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Union Petrochemical.

BST:1UPN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:1UPN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.951 (1 + (1- 20%) (97.26%))
1.463
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.46
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.463 * 5.96%)
8.95%

Discounted Cash Flow Calculation for BST:1UPN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Union Petrochemical is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BST:1UPN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (THB, Millions) Source Present Value
Discounted (@ 8.95%)
2020 302.53 Est @ 36.45% 277.69
2021 379.92 Est @ 25.58% 320.09
2022 448.22 Est @ 17.98% 346.63
2023 504.92 Est @ 12.65% 358.42
2024 549.99 Est @ 8.92% 358.36
2025 584.72 Est @ 6.32% 349.71
2026 610.97 Est @ 4.49% 335.40
2027 630.59 Est @ 3.21% 317.75
2028 645.20 Est @ 2.32% 298.42
2029 656.10 Est @ 1.69% 278.54
Present value of next 10 years cash flows ฿3,241.00
BST:1UPN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ฿656.10 × (1 + 0.23%) ÷ (8.95% – 0.23%)
฿7,543.71
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ฿7,543.71 ÷ (1 + 8.95%)10
฿3,202.63
BST:1UPN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ฿3,241.00 + ฿3,202.63
฿6,443.63
Equity Value per Share
(THB)
= Total value / Shares Outstanding
= ฿6,443.63 / 1,236.28
฿5.21
BST:1UPN Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:1UPN represents 0.005x of SET:UKEM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.005x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (THB) x Listing Adjustment Factor
= ฿ 5.21 x 0.005
€0.03
Value per share (EUR) From above. €0.03
Current discount Discount to share price of €0.00
= -1 x (€0.00 - €0.03) / €0.03
92.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Union Petrochemical is available for.
Intrinsic value
>50%
Share price is €0.002 vs Future cash flow value of €0.02606
Current Discount Checks
For Union Petrochemical to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Union Petrochemical's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Union Petrochemical's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Union Petrochemical's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Union Petrochemical's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:1UPN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in THB ฿0.03
SET:UKEM Share Price ** SET (2019-11-12) in THB ฿0.4
Germany Trade Distributors Industry PE Ratio Median Figure of 7 Publicly-Listed Trade Distributors Companies 16.14x
Germany Market PE Ratio Median Figure of 403 Publicly-Listed Companies 19.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Union Petrochemical.

BST:1UPN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SET:UKEM Share Price ÷ EPS (both in THB)

= 0.4 ÷ 0.03

13.56x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Union Petrochemical is good value based on earnings compared to the DE Trade Distributors industry average.
  • Union Petrochemical is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Union Petrochemical's expected growth come at a high price?
Raw Data
BST:1UPN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
14.5%per year
Europe Trade Distributors Industry PEG Ratio Median Figure of 32 Publicly-Listed Trade Distributors Companies 1.82x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Union Petrochemical, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Union Petrochemical's assets?
Raw Data
BST:1UPN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in THB ฿0.79
SET:UKEM Share Price * SET (2019-11-12) in THB ฿0.4
Germany Trade Distributors Industry PB Ratio Median Figure of 10 Publicly-Listed Trade Distributors Companies 1.19x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
BST:1UPN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SET:UKEM Share Price ÷ Book Value per Share (both in THB)

= 0.4 ÷ 0.79

0.51x

* Primary Listing of Union Petrochemical.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Union Petrochemical is good value based on assets compared to the DE Trade Distributors industry average.
X
Value checks
We assess Union Petrochemical's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Union Petrochemical has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Union Petrochemical expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Union Petrochemical, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Union Petrochemical expected to grow at an attractive rate?
  • Union Petrochemical's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Union Petrochemical's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Union Petrochemical's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:1UPN Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:1UPN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 14.5%
Germany Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 13.6%
Europe Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:1UPN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in THB Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:1UPN Past Financials Data
Date (Data in THB Millions) Revenue Cash Flow Net Income *
2019-06-30 3,061 270 36
2019-03-31 3,140 86 26
2018-12-31 3,212 15 37
2018-09-30 3,198 -76 69
2018-06-30 3,102 -56 94
2018-03-31 3,062 53 103
2017-12-31 3,048 19 126
2017-09-30 2,984 49 130
2017-06-30 2,925 127 131
2017-03-31 2,908 122 175
2016-12-31 2,838 135 143
2016-09-30 2,827 239 114

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Union Petrochemical's earnings are expected to grow by 14.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Union Petrochemical is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:1UPN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Union Petrochemical Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:1UPN Past Financials Data
Date (Data in THB Millions) EPS *
2019-06-30 0.03
2019-03-31 0.02
2018-12-31 0.03
2018-09-30 0.06
2018-06-30 0.08
2018-03-31 0.08
2017-12-31 0.10
2017-09-30 0.11
2017-06-30 0.11
2017-03-31 0.14
2016-12-31 0.12
2016-09-30 0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Union Petrochemical will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Union Petrochemical's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Union Petrochemical has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Union Petrochemical performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Union Petrochemical's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Union Petrochemical's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Union Petrochemical's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Union Petrochemical's 1-year earnings growth is negative, it can't be compared to the DE Trade Distributors industry average.
Earnings and Revenue History
Union Petrochemical's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Union Petrochemical Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:1UPN Past Revenue, Cash Flow and Net Income Data
Date (Data in THB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 3,060.56 36.47 296.75
2019-03-31 3,140.43 26.38 288.62
2018-12-31 3,212.21 36.77 291.65
2018-09-30 3,197.92 69.48 292.31
2018-06-30 3,101.88 94.38 283.58
2018-03-31 3,061.86 102.76 289.75
2017-12-31 3,047.67 125.73 291.13
2017-09-30 2,983.56 130.42 291.22
2017-06-30 2,924.71 130.63 292.65
2017-03-31 2,907.77 174.87 283.60
2016-12-31 2,837.80 143.21 268.93
2016-09-30 2,827.33 114.42 263.68
2016-06-30 2,919.28 102.94 259.06
2016-03-31 2,947.77 69.45 262.45
2015-12-31 3,028.90 75.35 269.21
2015-09-30 3,206.13 61.40 271.87
2015-06-30 3,318.05 66.02 279.58
2015-03-31 3,560.12 64.94 272.77
2014-12-31 3,748.69 64.49 265.19
2014-09-30 3,728.43 76.71 258.25
2014-06-30 3,677.04 78.42 245.42
2014-03-31 3,697.40 63.58 242.55
2013-12-31 3,632.31 66.62 247.26
2013-09-30 3,621.35 68.32 240.43
2013-06-30 3,677.61 76.18 248.43
2013-03-31 3,571.16 80.00 253.43
2012-12-31 3,624.56 112.50 247.13

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Union Petrochemical has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Union Petrochemical used its assets less efficiently than the DE Trade Distributors industry average last year based on Return on Assets.
  • Union Petrochemical's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Union Petrochemical's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Union Petrochemical has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Union Petrochemical's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Union Petrochemical's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Union Petrochemical is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Union Petrochemical's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Union Petrochemical's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Union Petrochemical Company Filings, last reported 4 months ago.

BST:1UPN Past Debt and Equity Data
Date (Data in THB Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 1,312.92 477.95 549.09
2019-03-31 1,324.37 543.93 595.90
2018-12-31 1,294.79 592.07 571.73
2018-09-30 1,331.56 572.88 524.51
2018-06-30 1,322.20 688.00 686.35
2018-03-31 1,318.30 532.42 655.15
2017-12-31 1,296.28 482.84 548.33
2017-09-30 1,250.37 519.18 607.11
2017-06-30 1,208.24 529.49 608.44
2017-03-31 1,214.34 529.12 651.52
2016-12-31 1,125.93 459.36 571.99
2016-09-30 1,075.56 492.35 605.57
2016-06-30 1,036.65 553.52 595.57
2016-03-31 995.34 484.57 533.10
2015-12-31 961.89 521.13 538.47
2015-09-30 952.32 554.50 489.35
2015-06-30 935.83 617.90 533.59
2015-03-31 926.38 564.05 469.51
2014-12-31 877.04 638.86 334.10
2014-09-30 841.17 612.27 286.78
2014-06-30 804.70 676.66 361.32
2014-03-31 790.91 672.18 310.02
2013-12-31 758.04 655.23 328.89
2013-09-30 738.02 698.50 416.39
2013-06-30 708.44 737.50 366.98
2013-03-31 737.43 716.78 295.84
2012-12-31 701.32 646.85 228.22
  • Union Petrochemical's level of debt (36.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (84% vs 36.4% today).
  • Debt is well covered by operating cash flow (56.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.2x coverage).
X
Financial health checks
We assess Union Petrochemical's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Union Petrochemical has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Union Petrochemical's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.5%
Current annual income from Union Petrochemical dividends.
If you bought €2,000 of Union Petrochemical shares you are expected to receive €50 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Union Petrochemical's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.39%).
  • Union Petrochemical's dividend is below the markets top 25% of dividend payers in Germany (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:1UPN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:1UPN Past Annualized Dividends Data
Date (Data in ฿) Dividend per share (annual) Avg. Yield (%)
2019-03-07 0.010 1.824
2018-02-27 0.050 5.870
2017-05-12 0.030 2.490
2017-04-20 0.030 2.119
2016-02-26 0.013 1.670
2015-08-14 0.020 3.084
2015-05-12 0.017 2.118
2015-04-20 0.017 2.012
2014-02-24 0.020 2.169
2013-05-14 0.043 5.141
2013-04-22 0.043 3.160
2012-04-25 0.060 4.095
2011-08-09 0.027 1.983
2011-05-11 0.027 1.901
2011-04-22 0.027 2.184
2010-05-12 0.023 3.898
2010-03-18 0.023 4.552
2009-05-12 0.020 4.229
2009-02-26 0.020 6.938

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Union Petrochemical's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Union Petrochemical's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Union Petrochemical afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Union Petrochemical has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Union Petrochemical's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Virat Suwannapasri
COMPENSATION ฿0
AGE 74
TENURE AS CEO 38.8 years
CEO Bio

Mr. Virat Suwannapasri served as Managing Director of Union Petrochemical Public Company Limited and serves as its Chairman of Advisory Board and Director. Mr. Suwannapasri has been President of Union Petrochemical Public Company Limited and also serves as its Chairman of Executive Board. Mr. Suwannapasri has been a Director of Gratitude Infinite Public Company Limited since 2010. He holds Certificate in Executive Development, Faculty of Commerce and Accountancy from Chulalongkorn University and Certificate in Director Accreditation Program (DAP) Class of 2005.

CEO Compensation
  • Insufficient data for Virat to compare compensation growth.
  • Insufficient data for Virat to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Virat Suwannapasri

TITLE
Chairman of Advisory Board & Executive Board
AGE
74
TENURE
38.8 yrs

Piyanan Suwannaphasri

TITLE
Assistant MD of Accounting & Finance
AGE
48
TENURE
14.8 yrs

Piyada Suwannapasri

TITLE
Assistant MD of Central Administration
AGE
45

Perajed Suwannapasri

TITLE
Executive VP
AGE
47

Suthida Suwannapasri

TITLE
Assistant MD of Sales
AGE
49

Perapol Suwannapasri

TITLE
MD, Member of Management Board & Director
AGE
41

Waraporn Thongpho

TITLE
Company Secretary
Board of Directors Tenure

Average tenure and age of the Union Petrochemical board of directors in years:

5.8
Average Tenure
53
Average Age
  • The tenure for the Union Petrochemical board of directors is about average.
Board of Directors

Pala Sukawesh

TITLE
Independent Chairman
AGE
79
TENURE
7.8 yrs

Virat Suwannapasri

TITLE
Chairman of Advisory Board & Executive Board
AGE
74

Piyanan Suwannaphasri

TITLE
Assistant MD of Accounting & Finance
AGE
48

Piyada Suwannapasri

TITLE
Assistant MD of Central Administration
AGE
45

Perajed Suwannapasri

TITLE
Executive VP
AGE
47

Suthida Suwannapasri

TITLE
Assistant MD of Sales
AGE
49

Perapol Suwannapasri

TITLE
MD, Member of Management Board & Director
AGE
41

Poolsak Tansitthipun

TITLE
Independent Director
AGE
60
TENURE
3.8 yrs

Kanjana Suwannapasri

TITLE
VP of Advisory Board
AGE
77
TENURE
3.8 yrs

Vorapote Uchupaiboonvong

TITLE
Independent Director
AGE
57
TENURE
14.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Union Petrochemical's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Union Petrochemical has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Union Petrochemical Public Company Limited imports and distributes chemical products in Thailand. The company operates in three segments: Commodity Chemicals, Specialty Chemicals, and Others. It is also involved in the distribution of plastic pellets, lubricants, and computer and electronic equipment; provision of computer system services; and sale of oil-refinery and power plant equipment. In addition, the company sells pharmaceutical and medical products, fragrances and skin-care cosmetics, and supplements. The company was founded in 1981 and is headquartered in Bangkok, Thailand.

Details
Name: Union Petrochemical Public Company Limited
1UPN
Exchange: BST
Founded: 1981
฿14,867,433
1,236,280,739
Website: http://www.unionpetrochemical.com
Address: Union Petrochemical Public Company Limited
728 Union House Building,
Boromratchonnani Road,
Bangkok,
10700,
Thailand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SET UKEM Ordinary Shares The Stock Exchange of Thailand TH THB 27. Nov 2006
SET UKEM-R THB0.25(NVDR) The Stock Exchange of Thailand TH THB 27. Nov 2006
BST 1UPN THB0.25(NVDR) Boerse-Stuttgart DE EUR 27. Nov 2006
Number of employees
Current staff
Staff numbers
0
Union Petrochemical employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/13 21:50
End of day share price update: 2019/11/12 00:00
Last earnings filing: 2019/08/13
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.