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Banpu

DB:NVAC
Snowflake Description

Second-rate dividend payer with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NVAC
DB
฿31B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Banpu Public Company Limited engages in the coal mining and power businesses. The last earnings update was 47 days ago. More info.


Add to Portfolio Compare Print
  • Banpu has significant price volatility in the past 3 months.
NVAC Share Price and Events
7 Day Returns
21.1%
DB:NVAC
8.7%
DE Oil and Gas
4.3%
DE Market
1 Year Returns
-70.3%
DB:NVAC
34.4%
DE Oil and Gas
-14.2%
DE Market
NVAC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Banpu (NVAC) 21.1% 11.9% -56% -70.3% -76.2% -84.6%
DE Oil and Gas 8.7% -2.8% -19.4% 34.4% -14.7% 157%
DE Market 4.3% -9% -21.6% -14.2% -19.6% -25.6%
1 Year Return vs Industry and Market
  • NVAC underperformed the Oil and Gas industry which returned 34.4% over the past year.
  • NVAC underperformed the Market in Germany which returned -14.2% over the past year.
Price Volatility
NVAC
Industry
5yr Volatility vs Market

NVAC Value

 Is Banpu 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 Banpu 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 Banpu.

DB:NVAC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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 DB:NVAC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 7.5%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.97
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.972 (1 + (1- 20%) (475.11%))
3.457
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 7.46%)
14.53%

Discounted Cash Flow Calculation for DB:NVAC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Banpu 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.

DB:NVAC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.53%)
2020 -173.92 Analyst x4 -151.85
2021 207.26 Analyst x2 158.01
2022 165.36 Analyst x2 110.07
2023 141.20 Est @ -14.61% 82.06
2024 126.59 Est @ -10.34% 64.24
2025 117.27 Est @ -7.36% 51.96
2026 111.10 Est @ -5.27% 42.98
2027 106.87 Est @ -3.8% 36.10
2028 103.90 Est @ -2.78% 30.64
2029 101.75 Est @ -2.06% 26.20
Present value of next 10 years cash flows $450.00
DB:NVAC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $101.75 × (1 + -0.39%) ÷ (14.53% – -0.39%)
$679.34
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $679.34 ÷ (1 + 14.53%)10
$174.94
DB:NVAC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $450.00 + $174.94
$624.94
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $624.94 / 5,074.58
$0.12
DB:NVAC Discount to Share Price
Calculation Result
Exchange Rate USD/THB
(Reporting currency to currency of SET:BANPU)
32.727
Value per Share
(THB)
= Value per Share in USD x Exchange Rate (USD/THB)
= $0.12 x 32.727
฿4.03
Non-primary Listing Adjustment Factor 1 share in DB:NVAC represents 0.02182x of SET:BANPU
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.02182x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (THB) x Listing Adjustment Factor
= ฿ 4.03 x 0.02182
€0.09
Value per share (EUR) From above. €0.09
Current discount Discount to share price of €0.13
= -1 x (€0.13 - €0.09) / €0.09
-50.1%

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

  • The current share price of Banpu is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Banpu's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Banpu's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:NVAC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.00
SET:BANPU Share Price ** SET (2020-04-08) in THB ฿6.05
SET:BANPU Share Price converted to USD reporting currency Exchange rate (THB/ USD) 0.031 $0.18
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.5x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 17.07x

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

** Primary Listing of Banpu.

DB:NVAC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SET:BANPU Share Price ÷ EPS (both in USD)

= 0.18 ÷ 0.00

-48.51x

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

  • Banpu is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Banpu is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Banpu's expected growth come at a high price?
Raw Data
DB:NVAC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -48.51x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
55%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.24x

*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 Banpu, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Banpu's assets?
Raw Data
DB:NVAC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $0.47
SET:BANPU Share Price * SET (2020-04-08) in THB ฿6.05
SET:BANPU Share Price converted to USD reporting currency Exchange rate (THB/ USD) 0.031 $0.18
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.01x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.47x
DB:NVAC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SET:BANPU Share Price ÷ Book Value per Share (both in USD)

= 0.18 ÷ 0.47

0.39x

* Primary Listing of Banpu.

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

  • Banpu is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Banpu'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 Oil and Gas 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 Oil and Gas industry average (and greater than 0)? (1 check)
  5. Banpu has a total score of 1/6, 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.

NVAC Future Performance

 How is Banpu expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

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
55%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Banpu expected to grow at an attractive rate?
  • Banpu's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Banpu's earnings growth is expected to exceed the Germany market average.
  • Banpu's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:NVAC Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:NVAC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 55%
DB:NVAC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts -4.2%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.8%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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
DB:NVAC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:NVAC Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 2,411 254 129 4
2021-12-31 2,536 322 138 10
2020-12-31 2,489 219 114 11
2020-04-08
DB:NVAC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 2,759 124 -20
2019-09-30 3,087 283 74
2019-06-30 3,398 486 153
2019-03-31 3,480 484 274
2018-12-31 3,481 412 205
2018-09-30 3,369 374 226
2018-06-30 3,124 319 211
2018-03-31 2,944 272 153
2017-12-31 2,877 368 234
2017-09-30 2,637 367 210
2017-06-30 2,503 214 151
2017-03-31 2,340 204 93

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Banpu's earnings are expected to grow significantly at over 20% yearly.
  • Banpu's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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
DB:NVAC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from Banpu Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:NVAC Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.03 0.03 0.02 3.00
2021-12-31 0.03 0.04 0.02 8.00
2020-12-31 0.02 0.03 0.02 6.00
2020-04-08
DB:NVAC Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.00
2019-09-30 0.01
2019-06-30 0.03
2019-03-31 0.05
2018-12-31 0.04
2018-09-30 0.04
2018-06-30 0.04
2018-03-31 0.03
2017-12-31 0.05
2017-09-30 0.04
2017-06-30 0.03
2017-03-31 0.02

*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.
  • Banpu is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Banpu'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 Europe 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.
Banpu has a total score of 3/6, 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.

NVAC Past Performance

  How has Banpu 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 Banpu's growth in the last year to its industry (Oil and Gas).
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.
  • Banpu does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Banpu's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Banpu's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Banpu'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 Banpu Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:NVAC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,759.22 -19.60 446.56
2019-09-30 3,087.22 73.56 418.16
2019-06-30 3,397.89 152.79 414.14
2019-03-31 3,480.42 274.49 422.85
2018-12-31 3,481.44 205.48 418.84
2018-09-30 3,369.43 226.35 405.64
2018-06-30 3,124.43 211.23 411.54
2018-03-31 2,943.85 152.69 384.90
2017-12-31 2,876.64 233.58 378.56
2017-09-30 2,637.34 210.04 370.68
2017-06-30 2,503.47 151.39 341.21
2017-03-31 2,340.05 93.49 336.24
2016-12-31 2,259.21 47.48 340.36
2016-09-30 2,194.83 -36.37 360.14
2016-06-30 2,206.60 -40.43 362.18
2016-03-31 2,339.19 -50.05 376.80
2015-12-31 2,476.58 -42.78 394.81
2015-09-30 2,632.78 0.57 384.09
2015-06-30 2,887.28 6.82 413.95
2015-03-31 3,003.46 29.60 424.71
2014-12-31 3,144.93 82.74 450.55
2014-09-30 3,254.84 97.39 462.90
2014-06-30 3,212.15 115.11 467.38
2014-03-31 3,346.15 108.04 491.42
2013-12-31 3,350.89 78.03 497.06
2013-09-30 3,480.70 132.20 530.09
2013-06-30 3,602.93 171.04 565.09

*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.
  • Banpu has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Banpu used its assets less efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • It is difficult to establish if Banpu improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Banpu'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 Oil and Gas 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.
Banpu 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.

NVAC Health

 How is Banpu'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 Banpu's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Banpu's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Banpu's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Banpu'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 not covered by short term assets, assets are 0.3x 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 Banpu Company Filings, last reported 3 months ago.

DB:NVAC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 3,000.62 4,451.44 555.58
2019-09-30 3,025.37 4,262.62 681.61
2019-06-30 3,151.48 4,232.12 816.37
2019-03-31 3,199.23 4,114.82 657.37
2018-12-31 3,174.53 4,037.43 618.94
2018-09-30 3,166.43 4,082.40 624.38
2018-06-30 3,136.56 4,023.77 507.34
2018-03-31 3,230.57 4,263.90 837.89
2017-12-31 3,210.72 3,873.76 689.59
2017-09-30 3,098.51 3,584.46 600.20
2017-06-30 2,983.61 3,514.63 553.22
2017-03-31 2,883.19 3,376.20 552.80
2016-12-31 2,737.94 3,249.30 469.00
2016-09-30 2,374.79 3,656.92 402.51
2016-06-30 2,228.55 3,706.20 411.51
2016-03-31 2,127.43 3,794.96 478.36
2015-12-31 2,065.17 3,410.69 449.04
2015-09-30 2,078.87 3,215.95 509.56
2015-06-30 2,266.48 3,206.90 453.79
2015-03-31 2,295.98 3,186.76 472.94
2014-12-31 2,385.62 3,257.32 423.92
2014-09-30 2,507.42 3,279.11 552.37
2014-06-30 2,643.21 3,264.43 413.83
2014-03-31 2,662.13 3,221.11 567.20
2013-12-31 2,508.57 3,239.52 458.18
2013-09-30 2,684.84 3,293.23 561.89
2013-06-30 2,689.74 3,302.00 656.74
  • Banpu's level of debt (148.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (136.6% vs 148.4% today).
  • Debt is not well covered by operating cash flow (2.8%, less than 20% of total debt).
  • Banpu is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Banpu'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. Banpu has a total score of 0/6, 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.

NVAC Dividends

 What is Banpu'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
8.18%
Current annual income from Banpu dividends. Estimated to be 6.3% next year.
If you bought €2,000 of Banpu shares you are expected to receive €164 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?
  • Banpu's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.63%).
  • Banpu's dividend is above the markets top 25% of dividend payers in Germany (4.61%).
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
DB:NVAC 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 11 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.6%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

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

DB:NVAC Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.01 3.00
2021-12-31 0.01 8.00
2020-12-31 0.01 6.00
2020-04-08
DB:NVAC Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-20 0.015 8.349
2019-08-29 0.022 6.067
2019-02-21 0.022 4.735
2018-11-09 0.021 4.225
2018-08-30 0.021 3.756
2018-02-22 0.021 3.394
2017-08-31 0.016 2.965
2017-05-15 0.014 2.930
2017-02-27 0.014 2.549
2017-02-24 0.014 2.558
2016-11-10 0.014 2.612
2016-08-25 0.014 2.999
2016-03-11 0.028 6.842
2015-08-26 0.033 6.483
2015-02-19 0.034 4.511
2014-08-27 0.036 4.392
2014-02-19 0.037 4.163
2013-11-11 0.030 3.532
2013-08-28 0.031 3.469
2013-02-26 0.056 6.145
2012-11-12 0.068 5.340
2012-08-29 0.067 5.144
2012-05-10 0.066 4.610
2012-01-18 0.066 3.494
2011-11-10 0.056 3.200
2011-08-31 0.058 3.058
2011-05-11 0.052 2.263
2011-02-23 0.052 2.135
2010-11-10 0.052 2.057
2010-09-30 0.053 2.114
2010-02-26 0.048 2.589
2009-05-12 0.034 2.823

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 Banpu's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
X
Income/ dividend checks
We assess Banpu'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 Banpu afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Banpu has a total score of 3/6, see the detailed checks below.


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

NVAC Management

 What is the CEO of Banpu'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
Somruedee Chaimongkol
COMPENSATION $3,611,566
AGE 58
TENURE AS CEO 5 years
CEO Bio

Somruedee Chaimongkol, B.Sc., Accounting, DCP has been the Chief Executive Officer of Banpu Public Company Limited since April 10, 2015 and has been its Executive Director since April 04, 2015. Ms. Chaimongkol served as the Chief Financial Officer at Banpu Public Company Limited from January 1, 2006 to 2015 and served as its Senior Vice President of Finance from 2001 to 2006 and Assistant Chief Executive Officer of Finance. She served as the Chief Financial Officer of Centennial Coal Company Limited. She serves as the Chairman of Banpu Provident Fund. She has been a Commissioner of PT Indo Tambangraya Megah Tbk since July 27, 2007. She has been a Director of Banpu Power Public Company Limited (Also known as Banpu Power Ltd.) since July 30, 2009. She has been a Non-Executive Director of Centennial Coal Company Limited since September 22, 2010. She serves as a Director of Banpu Minerals Co., Ltd. She serves as a Director of several subsidiaries of Banpu Group. She serves as a Director of Biofuel Development Holdings Co.,Ltd., Hunnu Coal Pty. Ltd. and PT. Indo Tambangraya Megah Tbk, BMS Coal Sales Pte. Ltd., Banpu Singapore Pte. Ltd.., Banpu Minerals Co., Ltd., Banpu International Ltd., BP Overseas Development Co., Ltd., Centennial Coal Company Limited, Banpu Engineering Services Co., Ltd., Banpu Engineering Services (Thailand) Co., Ltd., Banpu Minerals (Singapore) Pte. Ltd., Chiang Muan Mining Co., Ltd., Banpu Coal Investment Co., Ltd., Asian American Coal, Inc., AACI SAADEC (BVI) Holdings Limited, Banpu Australia, Resources Pty Ltd. and Banpu Australia Co., Pty Ltd. Ms. Chaimongkol received a B.Sc. in Accounting from Bangkok University in 1983, Program for Global Leadership from Harvard University Graduate School of Business Administration, Boston, U.S.A. in 2000 and Directors Certification Program (DCP) from Thai Institute of Directors Association (IOD).

CEO Compensation
  • Somruedee's compensation has increased whilst company is loss making.
  • Somruedee's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Banpu management team in years:

3.6
Average Tenure
59
Average Age
  • The tenure for the Banpu management team is about average.
Management Team

Somruedee Chaimongkol

TITLE
CEO & Director
COMPENSATION
$4M
AGE
58
TENURE
5 yrs

Ongart Auapinyakul

TITLE
Advisor & Director
COMPENSATION
$4M
AGE
62

Metee Auapinyakul

TITLE
Advisor & Director
COMPENSATION
$4M
AGE
65

Anon Sirisaengtaksin

TITLE
Director & Executive Advisor
COMPENSATION
$4M
AGE
67

Arisara Sakoongaravek

TITLE
Chief Financial Officer
AGE
48
TENURE
1.3 yrs

Somyot Ruchirawat

TITLE
COO & Deputy CEO
AGE
65

Udomlux Olarn

TITLE
Head of Corporate Communications
AGE
59
TENURE
10.8 yrs

Varoj Limjaroon

TITLE
Head of Human Resources
AGE
58
TENURE
10.8 yrs

Sutee Sukruan

TITLE
Head of Power Business
AGE
54
TENURE
2.3 yrs

Somsak Sithinamsuwan

TITLE
Head of Coal Business
AGE
59
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Banpu board of directors in years:

7
Average Tenure
64
Average Age
  • The tenure for the Banpu board of directors is about average.
Board of Directors

Chanin Vongkusolkit

TITLE
Chairman of the Board
COMPENSATION
$5M
AGE
67
TENURE
4 yrs

Somruedee Chaimongkol

TITLE
CEO & Director
COMPENSATION
$4M
AGE
58
TENURE
5 yrs

Ongart Auapinyakul

TITLE
Advisor & Director
COMPENSATION
$4M
AGE
62
TENURE
36.8 yrs

Metee Auapinyakul

TITLE
Advisor & Director
COMPENSATION
$4M
AGE
65
TENURE
36.9 yrs

Anon Sirisaengtaksin

TITLE
Director & Executive Advisor
COMPENSATION
$4M
AGE
67
TENURE
4 yrs

Rawi Corsiri

TITLE
Director
COMPENSATION
$4M
AGE
69
TENURE
8 yrs

Teerana Bhongmakapat

TITLE
Independent Director
COMPENSATION
$5M
AGE
63
TENURE
8 yrs

Buntoeng Vongkusolkit

TITLE
Director
COMPENSATION
$4M
AGE
62
TENURE
6 yrs

Verajet Vongkusolkit

TITLE
Director
COMPENSATION
$4M
AGE
54
TENURE
9.8 yrs

Sudiarso Prasetio

TITLE
Independent Director
COMPENSATION
$4M
AGE
71
TENURE
6 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 Banpu'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. Banpu 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.

NVAC News

Simply Wall St News

NVAC Company Info

Description

Banpu Public Company Limited engages in the coal mining and power businesses. The company holds interest in a 1,434 MW coal-fired power plant in Map Ta Phut Industrial Estate, Rayong Province, Thailand. It also manages six coal mines in Kalimantan: and Indominco, Jorong, Kitadin-Embalut, Kitadin-Tundung Mayang, Trubaindo, and Bharinto mines, which produce a range of bituminous and sub-bituminous thermal coals in Indonesia. In addition, the company operates the Gaohe underground mine in Shanxi Province and Hebi mine in Henan Province; and operates and manages three combined heat and power plants with a capacity of 248 megawatts and a steam capacity of 808 tonnes per hour in northern China. Further, it owns nine underground and open-pit coal mines, which supplies thermal and coking coal located in the north and the west of New South Wales, Australia. Additionally, the company engages in coal exploration and mine development of approximately 15 sites of thermal and coking coal deposits in Mongolia. It is involved in the power and steam production, purchase, and trading; provident fund management; solar power generation; and sales and marketing activities. The company also provides mining, and coal mining and trading consultancy services. It serves power plants, cement factories, and other industrial plants. The company was formerly known as Ban Pu Coal Company Limited and changed its name to Banpu Public Company Limited in July 1993. Banpu Public Company Limited was founded in 1983 and is headquartered in Bangkok, Thailand.

Details
Name: Banpu Public Company Limited
NVAC
Exchange: DB
Founded: 1983
฿862,677,307
5,074,581,515
Website: http://www.banpu.com
Address: Banpu Public Company Limited
Thanapoom Tower,
27th Floor,
Bangkok,
10400,
Thailand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SET BANPU Ordinary Shares The Stock Exchange of Thailand TH THB 01. Jan 1992
OTCPK BNPJ.Y UNSPONSORED ADR Pink Sheets LLC US USD 06. May 2011
SET BANPU-R NON VTG DEP RCPT REP 1 ORD THB10 The Stock Exchange of Thailand TH THB 20. Aug 2001
THAMSE BANPU-F THB1(ALIEN MKT) Bangkok-Alien Market Stock Exchange TH THB 12. Dec 1991
DB NVAC NON VTG DEP RCPT REP 1 ORD THB10 Deutsche Boerse AG DE EUR 20. Aug 2001
DB BPFG THB1(ALIEN MKT) Deutsche Boerse AG DE EUR 12. Dec 1991
Number of employees
Current staff
Staff numbers
5,486
Banpu employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 22:08
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2020/04/07
Last earnings filing: 2020/02/21
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.