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Akkhie Prakarn

SET:AKP-R
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AKP-R
SET
฿440M
Market Cap
  1. Home
  2. TH
  3. Commercial Services
Company description

Akkhie Prakarn Public Company Limited provides industrial waste incinerator services in Thailand. The last earnings update was 101 days ago. More info.


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AKP-R Share Price and Events
7 Day Returns
-4.4%
SET:AKP-R
-7.4%
TH Commercial Services
-2.2%
TH Market
1 Year Returns
-45.2%
SET:AKP-R
12.8%
TH Commercial Services
-9.2%
TH Market
AKP-R Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Akkhie Prakarn (AKP-R) -4.4% 0.9% 10.1% -45.2% -54.6% -75.7%
TH Commercial Services -7.4% -2.5% -0.5% 12.8% -23.6% -24.2%
TH Market -2.2% -5.5% -5.7% -9.2% -8.7% -12.9%
1 Year Return vs Industry and Market
  • AKP-R underperformed the Commercial Services industry which returned 12.8% over the past year.
  • AKP-R underperformed the Market in Thailand which returned -9.2% over the past year.
Price Volatility
AKP-R
Industry
5yr Volatility vs Market

Value

 Is Akkhie Prakarn 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 Akkhie Prakarn 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 Akkhie Prakarn.

SET:AKP-R Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.6%
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:AKP-R
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year TH Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 7.5%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.65
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.649 (1 + (1- 20%) (0%))
0.765
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.67% + (0.8 * 7.46%)
7.64%

Discounted Cash Flow Calculation for SET:AKP-R using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Akkhie Prakarn 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:AKP-R DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (THB, Millions) Source Present Value
Discounted (@ 7.64%)
2020 40.22 Est @ -7.15% 37.37
2021 38.41 Est @ -4.51% 33.15
2022 37.39 Est @ -2.65% 29.98
2023 36.88 Est @ -1.36% 27.47
2024 36.72 Est @ -0.45% 25.41
2025 36.78 Est @ 0.19% 23.65
2026 37.02 Est @ 0.63% 22.11
2027 37.37 Est @ 0.94% 20.74
2028 37.80 Est @ 1.16% 19.49
2029 38.30 Est @ 1.31% 18.34
Present value of next 10 years cash flows ฿257.00
SET:AKP-R DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ฿38.30 × (1 + 1.67%) ÷ (7.64% – 1.67%)
฿652.41
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ฿652.41 ÷ (1 + 7.64%)10
฿312.51
SET:AKP-R Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ฿257.00 + ฿312.51
฿569.51
Equity Value per Share
(THB)
= Total value / Shares Outstanding
= ฿569.51 / 404.00
฿1.41
SET:AKP-R Discount to Share Price
Calculation Result
Value per share (THB) From above. ฿1.41
Current discount Discount to share price of ฿1.09
= -1 x (฿1.09 - ฿1.41) / ฿1.41
22.7%

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

Current Discount
Amount off the current price Akkhie Prakarn is available for.
Intrinsic value
23%
Share price is ฿1.09 vs Future cash flow value of ฿1.41
Current Discount Checks
For Akkhie Prakarn to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Akkhie Prakarn's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Akkhie Prakarn's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Akkhie Prakarn's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Akkhie Prakarn's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SET:AKP-R PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in THB ฿0.11
SET:AKP Share Price ** SET (2020-02-20) in THB ฿1.09
Thailand Commercial Services Industry PE Ratio Median Figure of 14 Publicly-Listed Commercial Services Companies 15.39x
Thailand Market PE Ratio Median Figure of 576 Publicly-Listed Companies 15.02x

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

** Primary Listing of Akkhie Prakarn.

SET:AKP-R PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 1.09 ÷ 0.11

10.34x

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

  • Akkhie Prakarn is good value based on earnings compared to the TH Commercial Services industry average.
  • Akkhie Prakarn is good value based on earnings compared to the Thailand market.
Price based on expected Growth
Does Akkhie Prakarn's expected growth come at a high price?
Raw Data
SET:AKP-R PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Commercial Services Industry PEG Ratio Median Figure of 82 Publicly-Listed Commercial Services Companies 1.49x
Thailand Market PEG Ratio Median Figure of 201 Publicly-Listed Companies 1.41x

*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 Akkhie Prakarn, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Akkhie Prakarn's assets?
Raw Data
SET:AKP-R PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in THB ฿1.29
SET:AKP Share Price * SET (2020-02-20) in THB ฿1.09
Thailand Commercial Services Industry PB Ratio Median Figure of 20 Publicly-Listed Commercial Services Companies 0.93x
Thailand Market PB Ratio Median Figure of 756 Publicly-Listed Companies 1.04x
SET:AKP-R PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1.09 ÷ 1.29

0.84x

* Primary Listing of Akkhie Prakarn.

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

  • Akkhie Prakarn is good value based on assets compared to the TH Commercial Services industry average.
X
Value checks
We assess Akkhie Prakarn'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 Commercial Services 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 Commercial Services industry average (and greater than 0)? (1 check)
  5. Akkhie Prakarn 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 Akkhie Prakarn expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Akkhie Prakarn has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
17.1%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Akkhie Prakarn expected to grow at an attractive rate?
  • Unable to compare Akkhie Prakarn's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Akkhie Prakarn's earnings growth to the Thailand market average as no estimate data is available.
  • Unable to compare Akkhie Prakarn's revenue growth to the Thailand market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SET:AKP-R Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 17.1%
Asia Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 12.5%
Thailand Market Earnings Growth Rate Market Cap Weighted Average 10.9%
Thailand Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*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:AKP-R Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in THB Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SET:AKP-R Past Financials Data
Date (Data in THB Millions) Revenue Cash Flow Net Income *
2019-09-30 449 80 43
2019-06-30 477 94 50
2019-03-31 521 117 60
2018-12-31 556 101 61
2018-09-30 557 94 51
2018-06-30 549 109 43
2018-03-31 549 134 53
2017-12-31 538 145 54
2017-09-30 530 144 57
2017-06-30 531 150 57
2017-03-31 530 119 52
2016-12-31 524 117 54

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Akkhie Prakarn is high growth as no earnings estimate data is available.
  • Unable to determine if Akkhie Prakarn is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SET:AKP-R Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

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

SET:AKP-R Past Financials Data
Date (Data in THB Millions) EPS *
2019-09-30 0.11
2019-06-30 0.12
2019-03-31 0.15
2018-12-31 0.15
2018-09-30 0.13
2018-06-30 0.11
2018-03-31 0.13
2017-12-31 0.13
2017-09-30 0.14
2017-06-30 0.14
2017-03-31 0.13
2016-12-31 0.13

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Akkhie Prakarn will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Akkhie Prakarn is trading at Akkhie Prakarn'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Akkhie Prakarn's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Akkhie Prakarn'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.
Akkhie Prakarn has a total score of 0/6, 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 Akkhie Prakarn 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 Akkhie Prakarn's growth in the last year to its industry (Commercial Services).
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.
  • Akkhie Prakarn's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Akkhie Prakarn's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Akkhie Prakarn's 1-year earnings growth is negative, it can't be compared to the TH Commercial Services industry average.
Earnings and Revenue History
Akkhie Prakarn'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 Akkhie Prakarn Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SET:AKP-R Past Revenue, Cash Flow and Net Income Data
Date (Data in THB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 448.94 42.59 69.61
2019-06-30 477.15 49.83 71.31
2019-03-31 520.73 60.37 73.03
2018-12-31 556.24 60.98 73.78
2018-09-30 557.41 51.43 75.15
2018-06-30 548.90 42.67 74.90
2018-03-31 548.98 53.47 73.17
2017-12-31 537.69 54.15 71.61
2017-09-30 530.19 57.29 71.13
2017-06-30 530.90 57.42 70.33
2017-03-31 529.59 51.98 70.28
2016-12-31 523.82 54.17 68.89
2016-09-30 520.37 52.27 70.75
2016-06-30 527.13 61.25 64.31
2016-03-31 519.97 54.36 68.11
2015-12-31 523.28 55.07 71.31
2015-09-30 524.06 51.70 71.59
2015-06-30 539.16 45.29 87.88
2015-03-31 551.38 50.01 85.55
2014-12-31 537.98 49.00 83.51
2014-09-30 547.02 57.90 83.07
2014-06-30 530.25 55.34 74.92
2014-03-31 499.48 42.86 73.76
2013-12-31 484.41 42.15 73.76
2013-09-30 447.63 39.14 66.60
2013-06-30 405.90 40.93 61.75
2013-03-31 377.24 49.70 54.62

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Akkhie Prakarn is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Akkhie Prakarn's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Akkhie Prakarn'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.
  • Low level of unsold assets.
  • Akkhie Prakarn has no debt, it does not need to be covered by short term assets.
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 Akkhie Prakarn Company Filings, last reported 4 months ago.

SET:AKP-R Past Debt and Equity Data
Date (Data in THB Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 521.79 0.00 137.42
2019-06-30 510.46 0.00 130.86
2019-03-31 537.35 0.00 164.60
2018-12-31 528.60 0.00 338.52
2018-09-30 507.18 0.00 309.03
2018-06-30 488.60 0.00 290.14
2018-03-31 504.16 0.00 301.70
2017-12-31 494.79 0.00 298.79
2017-09-30 484.03 0.00 279.48
2017-06-30 472.47 0.00 251.96
2017-03-31 477.23 0.00 236.21
2016-12-31 467.18 0.00 234.68
2016-09-30 453.28 0.00 223.41
2016-06-30 443.33 0.00 189.44
2016-03-31 453.53 0.00 212.07
2015-12-31 441.28 0.00 207.48
2015-09-30 430.70 0.00 190.07
2015-06-30 411.77 0.00 179.96
2015-03-31 424.82 0.00 181.41
2014-12-31 411.87 0.00 177.30
2014-09-30 404.22 0.01 167.34
2014-06-30 391.70 1.25 141.92
2014-03-31 395.99 0.00 154.48
2013-12-31 384.05 0.00 121.26
2013-09-30 366.52 0.00 107.56
2013-06-30 356.56 0.00 98.59
2013-03-31 373.33 0.00 134.86
  • Akkhie Prakarn has no debt.
  • Akkhie Prakarn had no debt 5 years ago.
  • Akkhie Prakarn has no debt, it does not need to be covered by operating cash flow.
  • Akkhie Prakarn has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Akkhie Prakarn'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. Akkhie Prakarn has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

Dividends

 What is Akkhie Prakarn'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
6.61%
Current annual income from Akkhie Prakarn dividends.
If you bought ฿2,000 of Akkhie Prakarn shares you are expected to receive ฿132 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?
  • Akkhie Prakarn's pays a higher dividend yield than the bottom 25% of dividend payers in Thailand (2.59%).
  • Akkhie Prakarn's dividend is below the markets top 25% of dividend payers in Thailand (6.79%).
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:AKP-R Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Thailand Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 4%
Thailand Market Average Dividend Yield Market Cap Weighted Average of 553 Stocks 3.4%
Thailand Minimum Threshold Dividend Yield 10th Percentile 1.5%
Thailand Bottom 25% Dividend Yield 25th Percentile 2.6%
Thailand Top 25% Dividend Yield 75th Percentile 6.8%

Industry and Market average data is calculated daily.

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

SET:AKP-R Past Annualized Dividends Data
Date (Data in ฿) Dividend per share (annual) Avg. Yield (%)
2019-02-25 0.072 5.267
2018-02-28 0.070 3.899
2017-02-24 0.070 3.052
2016-02-24 0.070 2.829
2015-05-12 0.060 2.170
2015-04-24 0.060 1.686
2014-11-12 0.050 1.279
2014-08-13 0.050 1.436
2014-05-12 0.050 2.045
2014-02-24 0.050 2.462
2013-02-26 0.050 2.255

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

  • Whilst dividend payments have been stable, Akkhie Prakarn has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Akkhie Prakarn only paid a dividend in the past 7 years.
Current Payout to shareholders
What portion of Akkhie Prakarn's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Akkhie Prakarn's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - 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 Akkhie Prakarn afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Akkhie Prakarn has a total score of 2/6, see the detailed checks below.


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

Management

 What is the CEO of Akkhie Prakarn'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
Vanchai Luengviriya
COMPENSATION ฿140,000
AGE 54
CEO Bio

Mr. Vanchai Luengviriya serves as the Chief Executive Officer, President and Managing Director of Akkhie Prakarn Public Company Limited. Mr. Luengviriya served as a Deputy Managing Director of Management of Better World Green Public Company Ltd. Mr. Luengviriya has been a Director of Akkhie Prakarn Public Company Limited since August 10, 2010.

CEO Compensation
  • Insufficient data for Vanchai to compare compensation growth.
  • Vanchai's remuneration is lower than average for companies of similar size in Thailand.
Management Team

Vanchai Luengviriya

TITLE
CEO, President
COMPENSATION
฿140K
AGE
54

Wannarat Khumngern

TITLE
Vice Managing Director of Accounting & Finance Department
AGE
44

Phol Sagethong

TITLE
Vice Managing Director of Operation Department
AGE
78

Rerngchai Rurngpayoongsak

TITLE
Executive Director & Vice MD of Administration Department
AGE
63
TENURE
0.3 yrs

Suwanna Sarayotha

TITLE
Secretary
Board of Directors Tenure

Average tenure and age of the Akkhie Prakarn board of directors in years:

8.3
Average Tenure
57
Average Age
  • The tenure for the Akkhie Prakarn board of directors is about average.
Board of Directors

Uthai Jantima

TITLE
Chairman
COMPENSATION
฿280K
AGE
71

Vanchai Luengviriya

TITLE
CEO, President
COMPENSATION
฿140K
AGE
54
TENURE
9.5 yrs

Teerasak Pongpanakrai

TITLE
Vice Chairman
COMPENSATION
฿140K
AGE
73

Rerngchai Rurngpayoongsak

TITLE
Executive Director & Vice MD of Administration Department
AGE
63
TENURE
0.3 yrs

Sakchai Wongchaisuriya

TITLE
Independent Director
COMPENSATION
฿220K
AGE
58
TENURE
8.3 yrs

Prayut Wiboonsirichai

TITLE
Independent Director
COMPENSATION
฿180K
AGE
53
TENURE
8.3 yrs

Suwat Luengviriya

TITLE
Director
COMPENSATION
฿140K
AGE
57
TENURE
12.1 yrs

Suthat Boonya-Udomsart

TITLE
Director
COMPENSATION
฿140K
AGE
53
TENURE
12.1 yrs

Benjawan Prasansap

TITLE
Independent Director
COMPENSATION
฿180K
AGE
41
TENURE
8.3 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 Akkhie Prakarn'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. Akkhie Prakarn 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

Akkhie Prakarn Public Company Limited provides industrial waste incinerator services in Thailand. The company is involved in the provision of services on incinerating and destroying rubbish, wastes, and used materials, as well as recycles rubbish and wastes to substituted energy and raw materials. It also offers pollution control and continuous monitoring systems; laboratory for hazardous waste analysis; and waste transport services. The company was incorporated in 2008 and is based in Mueang Samut Prakan, Thailand. Akkhie Prakarn Public Company Limited is a subsidiary of Better World Green Public Company Limited.

Details
Name: Akkhie Prakarn Public Company Limited
AKP-R
Exchange: SET
Founded: 2008
฿440,360,000
404,000,000
Website: http://www.akkhie.com
Address: Akkhie Prakarn Public Company Limited
792 Moo 2 Soi 1C/1 Bangpu Industrail Estate,
Sukhumwit Road,
Mueang Samut Prakan,
10280,
Thailand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SET AKP Ordinary Shares The Stock Exchange of Thailand TH THB 07. Feb 2013
SET AKP-R THB0.50(NVDR) The Stock Exchange of Thailand TH THB 07. Feb 2013
Number of employees
Current staff
Staff numbers
0
Akkhie Prakarn employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/20 16:17
End of day share price update: 2020/02/20 00:00
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.