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SCG Ceramics

SET:COTTO
Snowflake Description

Excellent balance sheet and fair value.

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

SCG Ceramics Public Company Limited engages in the manufacture, distribution, and installation of ceramic tiles in Thailand and internationally. The last earnings update was 47 days ago. More info.


Add to Portfolio Compare Print
  • SCG Ceramics has significant price volatility in the past 3 months.
COTTO Share Price and Events
7 Day Returns
-6.2%
SET:COTTO
-4.9%
TH Building
-2.8%
TH Market
1 Year Returns
-62%
SET:COTTO
-50.6%
TH Building
-32.8%
TH Market
COTTO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SCG Ceramics (COTTO) -6.2% -30.3% -49.3% -62% - -
TH Building -4.9% -26% -36.9% -50.6% -73.3% -68.8%
TH Market -2.8% -21.3% -30.3% -32.8% -33.2% -33.6%
1 Year Return vs Industry and Market
  • COTTO underperformed the Building industry which returned -50.6% over the past year.
  • COTTO underperformed the Market in Thailand which returned -32.8% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

COTTO Value

 Is SCG Ceramics 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 SCG Ceramics 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 SCG Ceramics.

SET:COTTO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.7%
Perpetual Growth Rate 10-Year TH Government Bond Rate 1.7%

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 SET:COTTO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year TH Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 7.5%
Building Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.078 (1 + (1- 20%) (3.53%))
1.072
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.07
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.67% + (1.072 * 7.46%)
9.67%

Discounted Cash Flow Calculation for SET:COTTO using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for SCG Ceramics 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.

SET:COTTO DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (THB, Millions) Source Present Value
Discounted (@ 9.67%)
2020 739.07 Est @ -5.72% 673.90
2021 713.17 Est @ -3.5% 592.95
2022 699.25 Est @ -1.95% 530.12
2023 693.20 Est @ -0.87% 479.20
2024 692.48 Est @ -0.1% 436.49
2025 695.44 Est @ 0.43% 399.70
2026 701.01 Est @ 0.8% 367.38
2027 708.44 Est @ 1.06% 338.54
2028 717.26 Est @ 1.24% 312.53
2029 727.10 Est @ 1.37% 288.88
Present value of next 10 years cash flows ฿4,419.00
SET:COTTO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ฿727.10 × (1 + 1.67%) ÷ (9.67% – 1.67%)
฿9,240.78
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ฿9,240.78 ÷ (1 + 9.67%)10
฿3,671.47
SET:COTTO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ฿4,419.00 + ฿3,671.47
฿8,090.47
Equity Value per Share
(THB)
= Total value / Shares Outstanding
= ฿8,090.47 / 5,962.62
฿1.36
SET:COTTO Discount to Share Price
Calculation Result
Value per share (THB) From above. ฿1.36
Current discount Discount to share price of ฿0.76
= -1 x (฿0.76 - ฿1.36) / ฿1.36
44%

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

Current Discount
Amount off the current price SCG Ceramics is available for.
Intrinsic value
44%
Share price is ฿0.76 vs Future cash flow value of ฿1.36
Current Discount Checks
For SCG Ceramics to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • SCG Ceramics's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • SCG Ceramics's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SCG Ceramics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SCG Ceramics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SET:COTTO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in THB ฿0.03
SET:COTTO Share Price ** SET (2020-03-27) in THB ฿0.76
Thailand Building Industry PE Ratio Median Figure of 7 Publicly-Listed Building Companies 19.08x
Thailand Market PE Ratio Median Figure of 581 Publicly-Listed Companies 11.17x

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

** Primary Listing of SCG Ceramics.

SET:COTTO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.76 ÷ 0.03

26.95x

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

  • SCG Ceramics is overvalued based on earnings compared to the TH Building industry average.
  • SCG Ceramics is overvalued based on earnings compared to the Thailand market.
Price based on expected Growth
Does SCG Ceramics's expected growth come at a high price?
Raw Data
SET:COTTO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 26.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
51.1%per year
Asia Building Industry PEG Ratio Median Figure of 55 Publicly-Listed Building Companies 1.13x
Thailand Market PEG Ratio Median Figure of 181 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

SET:COTTO PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 26.95x ÷ 51.1%

0.53x

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

  • SCG Ceramics is good value based on expected growth next year.
Price based on value of assets
What value do investors place on SCG Ceramics's assets?
Raw Data
SET:COTTO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in THB ฿1.43
SET:COTTO Share Price * SET (2020-03-27) in THB ฿0.76
Thailand Building Industry PB Ratio Median Figure of 10 Publicly-Listed Building Companies 0.52x
Thailand Market PB Ratio Median Figure of 759 Publicly-Listed Companies 0.76x
SET:COTTO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.76 ÷ 1.43

0.53x

* Primary Listing of SCG Ceramics.

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

  • SCG Ceramics is overvalued based on assets compared to the TH Building industry average.
X
Value checks
We assess SCG Ceramics'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 Building 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 Building industry average (and greater than 0)? (1 check)
  5. SCG Ceramics 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.

COTTO Future Performance

 How is SCG Ceramics expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
51.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SCG Ceramics expected to grow at an attractive rate?
  • SCG Ceramics's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • SCG Ceramics's earnings growth is expected to exceed the Thailand market average.
  • SCG Ceramics's revenue growth is positive but not above the Thailand market average.
Annual Growth Rates Comparison
Raw Data
SET:COTTO Future Growth Rates Data Sources
Data Point Source Value (per year)
SET:COTTO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 51.1%
SET:COTTO Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 1.4%
Asia Building Industry Earnings Growth Rate Market Cap Weighted Average 14.6%
Asia Building Industry Revenue Growth Rate Market Cap Weighted Average 7%
Thailand Market Earnings Growth Rate Market Cap Weighted Average 8.9%
Thailand Market Revenue Growth Rate Market Cap Weighted Average 7%

*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
SET:COTTO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in THB Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SET:COTTO Future Estimates Data
Date (Data in THB Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 11,389 1,187 605 1
2020-12-31 11,076 1,173 508 1
2020-03-29
SET:COTTO Past Financials Data
Date (Data in THB Millions) Revenue Cash Flow Net Income *
2019-12-31 11,074 1,289 168
2019-09-30 11,242 1,317 304
2019-06-30 11,311 1,063 104
2019-03-31 11,470 1,144 95
2018-12-31 11,557 937 -4
2018-09-30 11,655 1,053 49
2018-06-30 12,264 1,750 383
2018-03-31 15,490 1,719 534
2017-12-31 12,977 1,500 541
2017-09-30 10,648 1,151 450
2017-06-30 7,763 361 279
2017-03-31 2,192 314 180

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SCG Ceramics's earnings are expected to grow significantly at over 20% yearly.
  • SCG Ceramics's revenue is expected to grow by 1.4% 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
SET:COTTO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from SCG Ceramics Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SET:COTTO Future Estimates Data
Date (Data in THB Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.10 0.10 0.10 1.00
2020-12-31 0.09 0.09 0.09 1.00
2020-03-29
SET:COTTO Past Financials Data
Date (Data in THB Millions) EPS *
2019-12-31 0.03
2019-09-30 0.05
2019-06-30 0.02
2019-03-31 0.02
2018-12-31 0.00
2018-09-30 0.01
2018-06-30 0.06
2018-03-31 0.08
2017-12-31 0.09
2017-09-30 0.09
2017-06-30 0.07
2017-03-31 0.11

*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.
  • SCG Ceramics is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess SCG Ceramics'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 Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia 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.
SCG Ceramics 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.

COTTO Past Performance

  How has SCG Ceramics 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 SCG Ceramics's growth in the last year to its industry (Building).
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.
  • SCG Ceramics's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • SCG Ceramics has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • SCG Ceramics has become profitable in the last year making it difficult to compare the TH Building industry average.
Earnings and Revenue History
SCG Ceramics'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 SCG Ceramics Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SET:COTTO Past Revenue, Cash Flow and Net Income Data
Date (Data in THB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 11,074.16 168.17 2,750.62
2019-09-30 11,241.99 304.16 2,633.46
2019-06-30 11,311.10 104.03 2,900.13
2019-03-31 11,469.55 94.55 2,852.94
2018-12-31 11,556.51 -3.58 2,988.22
2018-09-30 11,655.20 49.01 3,170.18
2018-06-30 12,263.78 382.52 3,094.74
2018-03-31 15,490.01 534.48 3,962.38
2017-12-31 12,977.14 541.17 3,267.89
2017-09-30 10,647.65 450.24 2,728.31
2017-06-30 7,762.69 278.84 2,015.78
2017-03-31 2,191.79 180.04 545.32
2016-12-31 2,254.44 198.77 552.56
2016-09-30 2,329.73 262.87 571.90
2016-06-30 2,358.97 263.37 572.04
2016-03-31 2,436.98 283.49 577.77
2015-12-31 2,484.46 284.66 579.71
2015-09-30 2,518.31 216.62 605.33
2015-06-30 2,887.19 249.54 628.87
2015-03-31 3,001.08 264.73 634.97
2014-12-31 3,023.84 276.76 660.15
2014-09-30 2,990.66 295.82 633.84
2014-06-30 2,695.15 262.89 626.24
2014-03-31 2,578.35 220.28 643.58
2013-12-31 2,575.58 197.37 662.20
2013-09-30 2,688.77 177.99 687.67
2013-06-30 2,886.28 202.42 754.17
2013-03-31 2,909.27 218.48 766.71

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

COTTO Health

 How is SCG Ceramics'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 SCG Ceramics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SCG Ceramics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SCG Ceramics's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SCG Ceramics'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 32x 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 SCG Ceramics Company Filings, last reported 2 months ago.

SET:COTTO Past Debt and Equity Data
Date (Data in THB Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 9,032.18 160.00 631.41
2019-09-30 9,159.36 145.00 434.62
2019-06-30 9,065.47 370.00 379.43
2019-03-31 9,049.52 340.00 375.13
2018-12-31 8,909.32 865.00 424.43
2018-09-30 8,832.28 1,030.00 411.74
2018-06-30 3,371.01 0.00 278.79
2018-03-31 3,342.14 0.00 353.10
2017-12-31 9,900.92 847.30 911.72
2017-09-30 3,466.28 0.00 287.98
2017-06-30 3,393.49 0.00 103.56
2017-03-31 3,334.75 0.00 129.32
2016-12-31 3,432.18 0.00 47.37
2016-09-30 3,405.16 0.00 39.92
2016-06-30 3,355.88 10.00 24.67
2016-03-31 3,290.99 0.00 115.05
2015-12-31 3,369.69 70.00 14.90
2015-09-30 3,273.58 0.00 144.44
2015-06-30 3,223.80 0.00 186.00
2015-03-31 3,138.80 0.00 209.30
2014-12-31 3,216.33 0.00 83.54
2014-09-30 3,192.79 0.00 206.12
2014-06-30 3,110.09 98.00 58.14
2014-03-31 3,009.90 75.00 45.42
2013-12-31 3,041.44 45.00 46.48
2013-09-30 2,998.84 0.00 116.21
2013-06-30 2,805.27 142.34 138.56
2013-03-31 1,915.95 964.42 272.11
  • SCG Ceramics's level of debt (1.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 1.8% today).
  • Debt is well covered by operating cash flow (805.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 74.2x coverage).
X
Financial health checks
We assess SCG Ceramics'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. SCG Ceramics has a total score of 5/6, 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.

COTTO Dividends

 What is SCG Ceramics'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
1.58%
Current annual income from SCG Ceramics dividends.
If you bought ฿2,000 of SCG Ceramics shares you are expected to receive ฿32 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?
  • SCG Ceramics's pays a lower dividend yield than the bottom 25% of dividend payers in Thailand (3.39%).
  • SCG Ceramics's dividend is below the markets top 25% of dividend payers in Thailand (8.97%).
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
SET:COTTO 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 1 Analyst Estimates (S&P Global) See Below
Thailand Building Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 6%
Thailand Market Average Dividend Yield Market Cap Weighted Average of 574 Stocks 4.6%
Thailand Minimum Threshold Dividend Yield 10th Percentile 2%
Thailand Bottom 25% Dividend Yield 25th Percentile 3.4%
Thailand Top 25% Dividend Yield 75th Percentile 9%

Industry and Market average data is calculated daily.

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

SET:COTTO Future Dividends Estimate Data
Date (Data in ฿) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-03-29
SET:COTTO Past Annualized Dividends Data
Date (Data in ฿) Dividend per share (annual) Avg. Yield (%)
2020-03-19 0.012 1.580
2019-04-23 0.000 0.000

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

  • SCG Ceramics is not paying a notable dividend for Thailand, therefore no need to check if the payments are stable.
  • SCG Ceramics is not paying a notable dividend for Thailand, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of SCG Ceramics's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of SCG Ceramics's dividends as it is not paying a notable one for Thailand.
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 SCG Ceramics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 2%) - 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 SCG Ceramics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SCG Ceramics has a total score of 0/6, see the detailed checks below.


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

COTTO Management

 What is the CEO of SCG Ceramics'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.
  • SCG Ceramics has no CEO, or we have no data on them.
Management Team Tenure

Average tenure of the SCG Ceramics management team in years:

1.3
Average Tenure
  • The average tenure for the SCG Ceramics management team is less than 2 years, this suggests a new team.
Management Team

Voranun Sodanin

TITLE
Chief Financial Officer
AGE
47

Kitiphot Sitilertpisan

TITLE
Chief Operation Officer
TENURE
0.1 yrs

Juntana Limranangkura

TITLE
Chief Technology Officer

Sitichai Sukkitprasert

TITLE
Chief Marketing Officer

Numpol Malichai

TITLE
MD & Director
TENURE
1.3 yrs

Veranuch Sethameteekul

TITLE
Secretary
TENURE
1.6 yrs
Board of Directors Tenure

Average tenure and age of the SCG Ceramics board of directors in years:

1.4
Average Tenure
65.5
Average Age
  • The average tenure for the SCG Ceramics board of directors is less than 3 years, this suggests a new board.
Board of Directors

Nithi Patarachoke

TITLE
Chairman of the Board
AGE
55
TENURE
1.4 yrs

Numpol Malichai

TITLE
MD & Director
TENURE
1.3 yrs

Padung Likitsajjakul

TITLE
Independent Director

Prawit Ninsuvannakul

TITLE
Independent Director
AGE
76

Varunyu Opanayikul

TITLE
Director

Nanthasiri Assakul

TITLE
Director

Cherapong Kamponpan

TITLE
Independent Director
AGE
70

Boonchue Pornsinghakhorn

TITLE
Independent Director

Surasak Kraiwitchaicharoen

TITLE
Director
AGE
61
TENURE
2.2 yrs

Tatipong Kesornkul

TITLE
Independent Director
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 SCG Ceramics'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. SCG Ceramics 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.

COTTO News

Simply Wall St News

COTTO Company Info

Description

SCG Ceramics Public Company Limited engages in the manufacture, distribution, and installation of ceramic tiles in Thailand and internationally. Its products include ceramic floor and wall tiles, glazed and porcelain tiles, mosaic tiles, and glass tiles. The company markets its ceramic tiles under the COTTO, SOSUCO, and CAMPANA brands. It is also involved in the development of industrial estate. The company was founded in 1969 and is headquartered in Bangkok, Thailand. SCG Ceramics Public Company Limited is a subsidiary of Cementhai CeramicCo., Ltd.

Details
Name: SCG Ceramics Public Company Limited
COTTO
Exchange: SET
Founded: 1969
฿4,531,592,137
5,962,621,233
Website: http://www.scgceramics.com
Address: SCG Ceramics Public Company Limited
1 Siam Cement Road,
Bangsue,
Bangkok,
10800,
Thailand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SET COTTO New Ordinary Shares The Stock Exchange of Thailand TH THB 03. Aug 2018
SET COTTO-R THB1 (NVDR) The Stock Exchange of Thailand TH THB 03. Aug 2018
Number of employees
Current staff
Staff numbers
0
SCG Ceramics employees.
Industry
Building Products
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 17:38
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2020/01/27
Last earnings filing: 2020/02/11
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.