Loading...

We've got a brand new version of Simply Wall St! Try it out

Communication & System Solution

BST:67C
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
67C
BST
฿1B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Communication & System Solution Public Company Limited distributes and installs production equipment for electricity, water, air conditioning, and telecommunication systems in Thailand. The last earnings update was 5 days ago. More info.


Add to Portfolio Compare Print
  • Communication & System Solution has significant price volatility in the past 3 months.
67C Share Price and Events
7 Day Returns
-4.4%
BST:67C
7%
DE Trade Distributors
0.8%
DE Market
1 Year Returns
-46.3%
BST:67C
6.9%
DE Trade Distributors
9%
DE Market
67C Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Communication & System Solution (67C) -4.4% -27.1% -31.7% -46.3% -62.9% -82.3%
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
  • 67C underperformed the Trade Distributors industry which returned 6.9% over the past year.
  • 67C underperformed the Market in Germany which returned 9% over the past year.
Price Volatility
67C
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Communication & System Solution's competitors could be found in our database.

Value

 Is Communication & System Solution 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 Communication & System Solution 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 Communication & System Solution.

BST:67C Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in THB ฿ .120000
Payout Ratio Company Filings (2019-09-30) 11068.6%
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:67C
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%) (79.01%))
1.451
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.45
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.451 * 5.96%)
8.88%

Discounted Cash Flow Calculation for BST:67C using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Communication & System Solution is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

BST:67C Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ฿0.12 / (8.88% - 0.23%)
฿0
BST:67C Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:67C represents 0.01955x of SET:CSS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.01955x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (THB) x Listing Adjustment Factor
= ฿ 1.20 x 0.01955
€0.02
Value per share (EUR) From above. €0.02
Current discount Discount to share price of €0.02
= -1 x (€0.02 - €0.02) / €0.02
8.6%

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

Current Discount
Amount off the current price Communication & System Solution is available for.
Intrinsic value
9%
Share price is €0.0215 vs Future cash flow value of €0.02353
Current Discount Checks
For Communication & System Solution to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Communication & System Solution's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Communication & System Solution's share price is below the future cash flow value, but not 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 Communication & System Solution's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Communication & System Solution's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:67C PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in THB ฿0.08
SET:CSS Share Price ** SET (2019-11-13) in THB ฿1.1
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 Communication & System Solution.

BST:67C PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 1.1 ÷ 0.08

13.91x

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

  • Communication & System Solution is good value based on earnings compared to the DE Trade Distributors industry average.
  • Communication & System Solution is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Communication & System Solution's expected growth come at a high price?
Raw Data
BST:67C PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.91x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
6.9%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 Communication & System Solution, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Communication & System Solution's assets?
Raw Data
BST:67C PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in THB ฿1.32
SET:CSS Share Price * SET (2019-11-13) in THB ฿1.1
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:67C PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1.1 ÷ 1.32

0.83x

* Primary Listing of Communication & System Solution.

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

  • Communication & System Solution is good value based on assets compared to the DE Trade Distributors industry average.
X
Value checks
We assess Communication & System Solution'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. Communication & System Solution has a total score of 3/6, 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 Communication & System Solution expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Communication & System Solution, 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
6.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Communication & System Solution expected to grow at an attractive rate?
  • Communication & System Solution's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Communication & System Solution's earnings growth is positive but not above the Germany market average.
  • Unable to compare Communication & System Solution's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:67C Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:67C Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 6.9%
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:67C Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month 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:67C Future Estimates Data
Date (Data in THB Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BST:67C Past Financials Data
Date (Data in THB Millions) Revenue Cash Flow Net Income *
2019-09-30 3,960 -36 93
2019-06-30 4,024 322 103
2019-03-31 4,333 371 153
2018-12-31 4,566 463 170
2018-09-30 4,598 282 173
2018-06-30 4,729 133 186
2018-03-31 4,541 259 185
2017-12-31 4,462 -104 204
2017-09-30 4,619 103 203
2017-06-30 4,682 115 202
2017-03-31 4,646 -96 201
2016-12-31 4,713 -81 170

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Communication & System Solution's earnings are expected to grow by 6.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Communication & System Solution 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:67C Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Communication & System Solution Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:67C Future Estimates Data
Date (Data in THB Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BST:67C Past Financials Data
Date (Data in THB Millions) EPS *
2019-09-30 0.08
2019-06-30 0.09
2019-03-31 0.13
2018-12-31 0.14
2018-09-30 0.15
2018-06-30 0.16
2018-03-31 0.16
2017-12-31 0.17
2017-09-30 0.17
2017-06-30 0.17
2017-03-31 0.17
2016-12-31 0.15

*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 Communication & System Solution will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Communication & System Solution'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.
Communication & System Solution has a total score of 1/6, 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 Communication & System Solution 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 Communication & System Solution'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.
  • Communication & System Solution's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Communication & System Solution's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Communication & System Solution's 1-year earnings growth is negative, it can't be compared to the DE Trade Distributors industry average.
Earnings and Revenue History
Communication & System Solution'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 Communication & System Solution Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:67C Past Revenue, Cash Flow and Net Income Data
Date (Data in THB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 3,960.03 93.29 457.64
2019-06-30 4,024.03 102.94 456.59
2019-03-31 4,332.59 152.97 433.70
2018-12-31 4,565.65 170.34 450.15
2018-09-30 4,598.23 172.91 452.03
2018-06-30 4,729.05 185.65 457.74
2018-03-31 4,541.32 184.69 452.84
2017-12-31 4,462.49 203.90 447.62
2017-09-30 4,618.82 203.21 458.25
2017-06-30 4,682.02 201.77 462.67
2017-03-31 4,646.39 200.78 464.60
2016-12-31 4,713.05 169.58 463.16
2016-09-30 4,514.22 162.88 456.61
2016-06-30 4,530.37 163.43 462.37
2016-03-31 4,654.96 179.46 463.17
2015-12-31 4,572.54 219.36 448.18
2015-09-30 4,559.10 259.75 419.63
2015-06-30 4,518.62 291.02 379.22
2015-03-31 4,235.93 278.91 339.08
2014-12-31 4,008.10 235.22 309.36
2014-09-30 3,671.81 176.19 292.01
2014-06-30 3,210.86 116.92 268.17
2014-03-31 3,095.38 85.85 264.96
2013-12-31 3,160.52 110.11 259.90
2013-09-30 3,269.67 133.96 248.44
2013-06-30 3,525.28 156.18 274.41
2013-03-31 3,509.36 181.26 254.66
2012-12-31 3,302.11 157.50 250.36

*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.
  • Communication & System Solution has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Communication & System Solution used its assets more efficiently than the DE Trade Distributors industry average last year based on Return on Assets.
  • Communication & System Solution's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Communication & System Solution'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.
Communication & System Solution has a total score of 1/6, 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 Communication & System Solution'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 Communication & System Solution's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Communication & System Solution is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Communication & System Solution's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Communication & System Solution'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 2.7x 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 Communication & System Solution Company Filings, last reported 1 month ago.

BST:67C Past Debt and Equity Data
Date (Data in THB Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,603.52 1,005.85 174.70
2019-06-30 1,600.00 846.60 167.31
2019-03-31 1,684.31 657.69 283.00
2018-12-31 1,697.22 341.44 206.29
2018-09-30 1,643.94 336.79 197.66
2018-06-30 1,677.71 486.24 156.33
2018-03-31 1,751.15 289.31 188.85
2017-12-31 1,716.72 417.77 262.97
2017-09-30 1,664.50 348.26 183.16
2017-06-30 1,710.05 351.66 195.97
2017-03-31 1,784.71 291.22 208.32
2016-12-31 1,729.29 251.60 458.37
2016-09-30 1,673.15 349.34 303.28
2016-06-30 1,693.88 388.52 361.63
2016-03-31 1,768.69 398.59 650.35
2015-12-31 1,689.18 276.31 712.31
2015-09-30 1,571.78 378.55 522.45
2015-06-30 1,597.54 309.05 467.80
2015-03-31 1,479.33 346.00 872.73
2014-12-31 1,201.65 92.56 398.00
2014-09-30 1,075.34 97.38 165.33
2014-06-30 1,036.47 165.62 132.26
2014-03-31 989.79 110.49 113.81
2013-12-31 1,027.51 117.01 216.17
2013-09-30 1,040.82 123.50 224.52
2013-06-30 434.19 587.40 68.63
2013-03-31 418.59 581.24 120.18
2012-12-31 436.36 443.27 60.26
  • Communication & System Solution's level of debt (62.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (9% vs 62.7% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 9.7x coverage).
X
Financial health checks
We assess Communication & System Solution'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. Communication & System Solution has a total score of 3/6, 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 Communication & System Solution'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
10.91%
Current annual income from Communication & System Solution dividends.
If you bought €2,000 of Communication & System Solution shares you are expected to receive €218 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?
  • Communication & System Solution's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.39%).
  • Communication & System Solution's dividend is above 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:67C 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:67C Future Dividends Estimate Data
Date (Data in ฿) Dividend per Share (annual) Avg. No. Analysts
BST:67C Past Annualized Dividends Data
Date (Data in ฿) Dividend per share (annual) Avg. Yield (%)
2019-02-25 0.120 7.248
2018-08-09 0.160 7.875
2018-02-23 0.180 7.788
2017-08-09 0.180 6.106
2017-05-12 0.160 5.165
2017-02-24 0.160 5.151
2017-01-16 0.160 4.896
2016-02-25 0.200 6.144
2015-05-12 0.059 1.197
2015-02-23 0.059 0.924
2014-08-08 0.117 2.066
2014-03-31 0.117 4.443

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

  • Communication & System Solution has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Communication & System Solution only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Communication & System Solution's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.7x 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 Communication & System Solution'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 Communication & System Solution afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Communication & System Solution 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 Communication & System Solution'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
Sompong Kangsawiwat
COMPENSATION ฿155,000
AGE 54
TENURE AS CEO 6.8 years
CEO Bio

Mr. Sompong Kangsawiwat has been Chief Executive Officer of Communication & System Solution Public Company Ltd since 2011. Mr. Kangsawiwat is the Chairman of Communication & System Solution Public Company Ltd since February 25, 2019 and has been its Director since August 8, 2005.

CEO Compensation
  • Sompong's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Sompong's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Communication & System Solution management team in years:

6.8
Average Tenure
54
Average Age
  • The average tenure for the Communication & System Solution management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Sompong Kangsawiwat

TITLE
Chairman & CEO
COMPENSATION
฿155K
AGE
54
TENURE
6.8 yrs

Panida Sawatwannarat

TITLE
MD of Finance & Control Group and Executive Director
COMPENSATION
฿155K
AGE
56
TENURE
6.8 yrs

Opas Tiyawattanaroj

TITLE
MD of Telecommunication Group & Executive Director
COMPENSATION
฿150K
AGE
54

Kittirat Mekmanee

TITLE
MD of Business Group & Executive Director
COMPENSATION
฿150K
AGE
53

Nongnuch Temeesrisuk

TITLE
MD of Management & Corporate Governance Group
COMPENSATION
฿155K
AGE
54
TENURE
6.8 yrs

Narachet Chattratitiphan

TITLE
Managing Director of Technology Group
AGE
58

Banyawake Tharnthong

TITLE
Deputy Chief Telecommunication Officer 2

Naruethep Suntarattiwong

TITLE
Deputy Chief Telecommunication Officer 1

Montri Kangsawiwat

TITLE
Deputy Chief of Marketing

Wichien Itthisang

TITLE
Deputy Chief of Project
Board of Directors Tenure

Average tenure and age of the Communication & System Solution board of directors in years:

14.3
Average Tenure
56
Average Age
  • The average tenure for the Communication & System Solution board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Sompong Kangsawiwat

TITLE
Chairman & CEO
COMPENSATION
฿155K
AGE
54
TENURE
0.8 yrs

Panida Sawatwannarat

TITLE
MD of Finance & Control Group and Executive Director
COMPENSATION
฿155K
AGE
56
TENURE
14.3 yrs

Opas Tiyawattanaroj

TITLE
MD of Telecommunication Group & Executive Director
COMPENSATION
฿150K
AGE
54
TENURE
14.3 yrs

Kittirat Mekmanee

TITLE
MD of Business Group & Executive Director
COMPENSATION
฿150K
AGE
53
TENURE
14.3 yrs

Nongnuch Temeesrisuk

TITLE
MD of Management & Corporate Governance Group
COMPENSATION
฿155K
AGE
54
TENURE
14.3 yrs

Pitipat Chataccaraphat

TITLE
Independent Director
COMPENSATION
฿805K
AGE
58
TENURE
14.3 yrs

Chattaphum Khantiviriya

TITLE
Independent Director
COMPENSATION
฿455K
AGE
58
TENURE
5.2 yrs

Prapart Praisuwanna

TITLE
Independent Director
COMPENSATION
฿360K
AGE
63
TENURE
4.8 yrs

Vuthichai Duangratana

TITLE
Independent Director
COMPENSATION
฿425K
AGE
62
TENURE
2.8 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 Communication & System Solution'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. Communication & System Solution 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

Communication & System Solution Public Company Limited distributes and installs production equipment for electricity, water, air conditioning, and telecommunication systems in Thailand. It operates in two segments, Distribution Electrical Equipment and Installation Service. The Distribution Electrical Equipment segment supplies electrical wires and other electrical systems equipment, and passive fire protection materials and equipment. The Installation Service segment designs and installs telecommunication and fire protection systems. The company also distributes and installs tubes. Communication & System Solution Public Company Limited was founded in 1994 and is headquartered in Nonthaburi, Thailand.

Details
Name: Communication & System Solution Public Company Limited
67C
Exchange: BST
Founded: 1994
฿38,883,249
1,175,739,089
Website: http://www.cssthai.com
Address: Communication & System Solution Public Company Limited
329 Moo 3 Banmai,
Pakkred,
Nonthaburi,
11120,
Thailand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SET CSS Ordinary Shares The Stock Exchange of Thailand TH THB 03. Sep 2013
BST 67C THB0.5(ALIEN MKT) Boerse-Stuttgart DE EUR 03. Sep 2013
SET CSS-R THB0.5(NVDR) The Stock Exchange of Thailand TH THB 03. Sep 2013
Number of employees
Current staff
Staff numbers
0
Communication & System Solution employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/13 22:03
End of day share price update: 2019/11/13 00:00
Last estimates confirmation: 2017/02/24
Last earnings filing: 2019/11/08
Last earnings reported: 2019/09/30
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.