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SC Asset Corporation

BST:62SB
Snowflake Description

Established dividend payer and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
62SB
BST
฿10B
Market Cap
  1. Home
  2. DE
  3. Real Estate
Company description

SC Asset Corporation Public Company Limited, together with its subsidiaries, operates as a real estate development company in Thailand. The last earnings update was 7 days ago. More info.


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62SB Share Price and Events
7 Day Returns
0.9%
BST:62SB
0.9%
DE Real Estate
0%
DE Market
1 Year Returns
-23.4%
BST:62SB
-1.1%
DE Real Estate
9.9%
DE Market
62SB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SC Asset Corporation (62SB) 0.9% -1.7% -13.7% -23.4% -27.2% -17%
DE Real Estate 0.9% -1.1% 4.2% -1.1% 39.2% 87.2%
DE Market 0% 4.6% 12.1% 9.9% 14.6% 18.2%
1 Year Return vs Industry and Market
  • 62SB underperformed the Real Estate industry which returned -1.1% over the past year.
  • 62SB underperformed the Market in Germany which returned 9.9% over the past year.
Price Volatility
62SB
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for SC Asset Corporation's competitors could be found in our database.

Value

 Is SC Asset Corporation 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 SC Asset Corporation 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 SC Asset Corporation.

BST:62SB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in THB ฿ 0.17111
Payout Ratio Company Filings (2019-09-30) 3894.5%
Discount Rate (Cost of Equity) See below 8.4%
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:62SB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.051 (1 + (1- 20%) (249.9%))
1.365
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.37
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.365 * 5.96%)
8.36%

Discounted Cash Flow Calculation for BST:62SB using Dividend Discount Model Model

The calculations below outline how an intrinsic value for SC Asset Corporation 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:62SB Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ฿0.17 / (8.36% - 0.23%)
฿0
BST:62SB Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:62SB represents 0.02521x of SET:SC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.02521x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (THB) x Listing Adjustment Factor
= ฿ 2.10 x 0.02521
€0.05
Value per share (EUR) From above. €0.05
Current discount Discount to share price of €0.06
= -1 x (€0.06 - €0.05) / €0.05
-11.3%

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

  • The current share price of SC Asset Corporation 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 SC Asset Corporation's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SC Asset Corporation's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:62SB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in THB ฿0.41
SET:SC Share Price ** SET (2019-11-18) in THB ฿2.34
Germany Real Estate Industry PE Ratio Median Figure of 35 Publicly-Listed Real Estate Companies 12.72x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 20.03x

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

** Primary Listing of SC Asset Corporation.

BST:62SB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 2.34 ÷ 0.41

5.7x

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

  • SC Asset Corporation is good value based on earnings compared to the DE Real Estate industry average.
  • SC Asset Corporation is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does SC Asset Corporation's expected growth come at a high price?
Raw Data
BST:62SB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.7x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
11.6%per year
Germany Real Estate Industry PEG Ratio Median Figure of 19 Publicly-Listed Real Estate Companies 0.62x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

BST:62SB PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 5.7x ÷ 11.6%

0.49x

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

  • SC Asset Corporation is good value based on expected growth next year.
Price based on value of assets
What value do investors place on SC Asset Corporation's assets?
Raw Data
BST:62SB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in THB ฿3.97
SET:SC Share Price * SET (2019-11-18) in THB ฿2.34
Germany Real Estate Industry PB Ratio Median Figure of 43 Publicly-Listed Real Estate Companies 1.4x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.84x
BST:62SB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 2.34 ÷ 3.97

0.59x

* Primary Listing of SC Asset Corporation.

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

  • SC Asset Corporation is good value based on assets compared to the DE Real Estate industry average.
X
Value checks
We assess SC Asset Corporation'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 Real Estate 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 Real Estate industry average (and greater than 0)? (1 check)
  5. SC Asset Corporation has a total score of 4/6, 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 SC Asset Corporation expected to perform in the next 1 to 3 years based on estimates from 3 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
11.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SC Asset Corporation expected to grow at an attractive rate?
  • SC Asset Corporation's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • SC Asset Corporation's earnings growth is positive but not above the Germany market average.
  • SC Asset Corporation's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:62SB Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:62SB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 11.6%
BST:62SB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 7.6%
Germany Real Estate Industry Earnings Growth Rate Market Cap Weighted Average -8%
Germany Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 2.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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:62SB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in THB Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:62SB Future Estimates Data
Date (Data in THB Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 19,070 353 2,081 3
2020-12-31 18,300 212 1,920 3
2019-12-31 16,311 1,292 1,590 2
2019-11-18
BST:62SB Past Financials Data
Date (Data in THB Millions) Revenue Cash Flow Net Income *
2019-09-30 16,281 -2,134 1,717
2019-06-30 15,706 -1,571 1,667
2019-03-31 16,129 -1,429 1,834
2018-12-31 15,616 546 1,782
2018-09-30 14,883 -87 1,658
2018-06-30 14,435 -1,670 1,632
2018-03-31 13,373 -2,159 1,446
2017-12-31 12,450 -2,081 1,259
2017-09-30 10,794 -3,532 967
2017-06-30 10,572 -2,859 948
2017-03-31 12,856 462 1,574
2016-12-31 14,434 -200 1,968

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SC Asset Corporation's earnings are expected to grow by 11.6% yearly, however this is not considered high growth (20% yearly).
  • SC Asset Corporation's revenue is expected to grow by 7.6% yearly, however this is not considered high growth (20% yearly).
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:62SB 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 3 Analyst Estimates (S&P Global) See Below

All data from SC Asset Corporation Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:62SB Future Estimates Data
Date (Data in THB Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.50 0.52 0.48 3.00
2020-12-31 0.46 0.52 0.40 3.00
2019-12-31 0.38 0.40 0.36 2.00
2019-11-18
BST:62SB Past Financials Data
Date (Data in THB Millions) EPS *
2019-09-30 0.41
2019-06-30 0.40
2019-03-31 0.44
2018-12-31 0.43
2018-09-30 0.40
2018-06-30 0.39
2018-03-31 0.35
2017-12-31 0.30
2017-09-30 0.23
2017-06-30 0.23
2017-03-31 0.38
2016-12-31 0.47

*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.
  • SC Asset Corporation is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess SC Asset Corporation'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 Germany 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.
SC Asset Corporation 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 SC Asset Corporation 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 SC Asset Corporation's growth in the last year to its industry (Real Estate).
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.
  • SC Asset Corporation's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • SC Asset Corporation's 1-year earnings growth exceeds its 5-year average (3.5% vs -1.7%)
  • SC Asset Corporation's earnings growth has not exceeded the DE Real Estate industry average in the past year (3.5% vs 6.7%).
Earnings and Revenue History
SC Asset Corporation'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 SC Asset Corporation Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:62SB 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 16,280.92 1,717.13 3,255.02
2019-06-30 15,706.36 1,666.52 3,192.36
2019-03-31 16,129.07 1,834.14 3,167.42
2018-12-31 15,615.96 1,781.74 3,106.00
2018-09-30 14,883.37 1,658.34 2,794.54
2018-06-30 14,434.53 1,632.27 2,743.92
2018-03-31 13,373.14 1,446.20 2,722.18
2017-12-31 12,450.19 1,258.58 2,722.73
2017-09-30 10,794.35 966.66 2,668.06
2017-06-30 10,572.37 948.26 2,626.76
2017-03-31 12,856.29 1,573.93 2,683.53
2016-12-31 14,433.68 1,968.21 2,729.66
2016-09-30 16,483.26 2,531.94 2,858.97
2016-06-30 16,601.38 2,596.88 2,864.40
2016-03-31 15,300.36 2,204.99 2,824.68
2015-12-31 14,049.80 1,895.28 2,712.47
2015-09-30 13,439.43 1,685.23 2,708.73
2015-06-30 14,205.03 1,800.71 2,742.76
2015-03-31 13,115.77 1,628.90 2,602.15
2014-12-31 12,600.59 1,558.13 2,534.40
2014-09-30 11,441.61 1,265.16 2,287.01
2014-06-30 9,911.23 987.70 2,043.45
2014-03-31 9,831.80 945.13 1,972.07
2013-12-31 10,031.15 1,081.62 1,905.14
2013-09-30 10,691.29 1,343.31 1,760.25
2013-06-30 10,043.41 1,245.94 1,678.41
2013-03-31 8,710.08 1,124.31 1,478.41
2012-12-31 8,358.43 1,218.49 1,347.38

*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.
  • SC Asset Corporation has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SC Asset Corporation used its assets less efficiently than the DE Real Estate industry average last year based on Return on Assets.
  • SC Asset Corporation's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess SC Asset Corporation'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 Real Estate 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.
SC Asset Corporation 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 SC Asset Corporation'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 SC Asset Corporation's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SC Asset Corporation is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SC Asset Corporation's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SC Asset Corporation'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 1.6x 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 SC Asset Corporation Company Filings, last reported 1 month ago.

BST:62SB Past Debt and Equity Data
Date (Data in THB Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 16,603.40 24,437.43 1,501.66
2019-06-30 16,165.90 23,641.61 1,331.64
2019-03-31 16,553.37 22,505.11 1,312.90
2018-12-31 16,205.11 19,845.80 1,321.62
2018-09-30 15,518.28 20,665.43 1,477.69
2018-06-30 15,127.53 20,442.61 1,288.29
2018-03-31 15,180.62 19,592.39 1,202.20
2017-12-31 14,915.43 18,932.44 1,233.51
2017-09-30 14,356.08 19,448.49 1,084.13
2017-06-30 13,987.04 17,868.90 1,033.96
2017-03-31 14,516.06 16,322.09 1,045.77
2016-12-31 14,440.90 15,631.94 992.48
2016-09-30 14,177.80 14,636.44 951.32
2016-06-30 13,832.23 14,052.68 1,457.83
2016-03-31 13,694.40 15,417.70 1,125.88
2015-12-31 13,224.96 14,144.71 1,202.57
2015-09-30 12,407.61 15,597.61 839.34
2015-06-30 11,997.10 14,700.46 917.81
2015-03-31 11,796.09 15,134.42 648.14
2014-12-31 11,636.35 13,592.87 1,156.08
2014-09-30 11,025.38 13,615.80 849.69
2014-06-30 10,499.40 14,696.58 687.46
2014-03-31 10,617.63 14,382.33 665.37
2013-12-31 10,527.36 13,060.91 834.76
2013-09-30 10,203.54 12,731.67 564.18
2013-06-30 9,955.01 12,624.02 692.96
2013-03-31 9,775.98 11,952.87 502.87
2012-12-31 9,543.92 10,635.41 960.48
  • SC Asset Corporation's level of debt (147.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (123.4% vs 147.2% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 19.7x coverage).
X
Financial health checks
We assess SC Asset Corporation'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. SC Asset Corporation 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 SC Asset Corporation'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
6.84%
Current annual income from SC Asset Corporation dividends. Estimated to be 7.31% next year.
If you bought €2,000 of SC Asset Corporation shares you are expected to receive €137 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?
  • SC Asset Corporation's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.33%).
  • SC Asset Corporation's dividend is above the markets top 25% of dividend payers in Germany (3.68%).
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:62SB 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 3 Analyst Estimates (S&P Global) See Below
Germany Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 2.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.3%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

BST:62SB Future Dividends Estimate Data
Date (Data in ฿) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.19 3.00
2020-12-31 0.17 3.00
2019-12-31 0.15 3.00
2019-11-18
BST:62SB Past Annualized Dividends Data
Date (Data in ฿) Dividend per share (annual) Avg. Yield (%)
2019-02-20 0.160 5.799
2018-02-22 0.120 3.519
2017-02-22 0.190 5.352
2016-04-22 0.180 5.313
2015-02-25 0.071 2.302
2014-02-26 0.107 3.379
2013-03-01 0.026 0.719
2012-04-18 0.103 3.540
2011-04-21 0.111 5.373
2010-02-23 0.071 6.259
2009-02-25 0.055 7.754

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 increased over the past 10 years.
Current Payout to shareholders
What portion of SC Asset Corporation's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).
X
Income/ dividend checks
We assess SC Asset Corporation's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - 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 SC Asset Corporation afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SC Asset Corporation has a total score of 5/6, 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 SC Asset Corporation'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
Nuttaphong Kunakornwong
AGE 39
TENURE AS CEO 4.8 years
CEO Bio

Mr. Nuttaphong Kunakornwong has been the Vice Chairman of SC Asset Corporation Plc since January 19, 2018 and serves as its Director. Mr. Kunakornwong serves as a Director of OAI Asset Co., Ltd., Up Country Land Co., Ltd. and V.Land Property Co., Ltd since 2012. Mr. Kunakornwong served as Managing Director of Koon Development Co., Ltd. and Pitchman Co., Ltd. since 2010 to 2012. He served as Executive Manager of Nexus Property Consultants Co. from 2007 to 2010. He holds Master Degree of Business Administration, DePaul University, Chicago, Illinois, USA. He trained Director Certification Program (DCP) Class 157/2012, Thai Institute of Directors.

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

Average tenure and age of the SC Asset Corporation management team in years:

8.3
Average Tenure
59
Average Age
  • The average tenure for the SC Asset Corporation management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Nuttaphong Kunakornwong

TITLE
Vice Chairman & CEO
AGE
39
TENURE
4.8 yrs

Busaba Damapong

TITLE
Chairman of the Executive Committee
AGE
65

Pradthana Patsaman

TITLE
Chief Financial Officer
AGE
57
TENURE
2.6 yrs

Vitit Visalpattanasin

TITLE
Chief Accounting Officer
AGE
62
TENURE
2.6 yrs

Charanya Tangbunjerdsook

TITLE
Senior Vice President of Human Resource & Administration
AGE
65
TENURE
16.8 yrs

Somboon Kuptimanus

TITLE
Head of Compliance
AGE
59
TENURE
2.6 yrs

Kanlaya Tovattagavanich

TITLE
Assistant Vice President of Marketing & Sales

Attapol Sariddipuntawat

TITLE
Chief Corporate Officer & Director
AGE
54
TENURE
16.8 yrs

Suriya Pleansri

TITLE
Senior Vice President of Customer Management
AGE
63
TENURE
16.8 yrs

Pannee Tharaphat

TITLE
Senior Vice President of Internal Audit
AGE
59
TENURE
11.8 yrs
Board of Directors Tenure

Average tenure and age of the SC Asset Corporation board of directors in years:

12.7
Average Tenure
63
Average Age
  • The average tenure for the SC Asset Corporation board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Rath Kitivejosoth

TITLE
Independent Chairman of the Board
COMPENSATION
฿2M
AGE
67
TENURE
12.7 yrs

Nuttaphong Kunakornwong

TITLE
Vice Chairman & CEO
AGE
39
TENURE
1.8 yrs

Attapol Sariddipuntawat

TITLE
Chief Corporate Officer & Director
AGE
54
TENURE
2.5 yrs

Kun Tharmmaphornphilas

TITLE
Independent Director
COMPENSATION
฿1M
AGE
74
TENURE
13.7 yrs

Prasert Samanawong

TITLE
Independent Director
COMPENSATION
฿1M
AGE
67
TENURE
12.8 yrs

Precha Sekhararidhi

TITLE
Independent Director
COMPENSATION
฿1M
AGE
72
TENURE
12.7 yrs

Nathpath Ouajai

TITLE
Director
COMPENSATION
฿1M
AGE
61
TENURE
13.7 yrs

Songsak Premsuk

TITLE
Independent Director
COMPENSATION
฿1M
AGE
61
TENURE
4.6 yrs

Vilasinee Puddhikarant

TITLE
Independent Director
COMPENSATION
฿950K
AGE
63
TENURE
3.8 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 SC Asset Corporation'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. SC Asset Corporation 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

SC Asset Corporation Public Company Limited, together with its subsidiaries, operates as a real estate development company in Thailand. The company operates through Real Estates sales; Rental and Rendering of Services; and Consulting and Management Service segments. It develops and sells single detached houses, townhomes, and condominiums, as well as home offices; and rents office and technical buildings. It also provides consulting and management services. The company was founded in 1995 and is headquartered in Chatuchak, Thailand.

Details
Name: SC Asset Corporation Public Company Limited
62SB
Exchange: BST
Founded: 1995
฿292,081,849
4,179,624,512
Website: http://www.scasset.com
Address: SC Asset Corporation Public Company Limited
1010 Shinawatra Tower III,
Vibhavadi Rangsit Road,
Chatuchak,
10900,
Thailand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SET SC Ordinary Shares The Stock Exchange of Thailand TH THB 13. Nov 2003
BST 62SB THB1 (ALIEN MKT) Boerse-Stuttgart DE EUR 13. Nov 2003
SET SC-R THB5.00(NVDR) The Stock Exchange of Thailand TH THB 13. Nov 2003
Number of employees
Current staff
Staff numbers
0
SC Asset Corporation employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/18 21:37
End of day share price update: 2019/11/18 00:00
Last estimates confirmation: 2019/11/12
Last earnings filing: 2019/11/11
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.