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General Environmental Conservation

SET:GENCO
Snowflake Description

Adequate balance sheet unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GENCO
SET
฿561M
Market Cap
  1. Home
  2. TH
  3. Commercial Services
Company description

General Environmental Conservation Public Company Limited, together with its subsidiaries, engages in the treatment and disposal of industrial waste and unavoidable by-products of manufacturing processes in Thailand. The last earnings update was 99 days ago. More info.


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GENCO Share Price and Events
7 Day Returns
2%
SET:GENCO
-7.4%
TH Commercial Services
-2.2%
TH Market
1 Year Returns
-40.5%
SET:GENCO
12.8%
TH Commercial Services
-9.2%
TH Market
GENCO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
General Environmental Conservation (GENCO) 2% -5.7% -10.7% -40.5% -65.5% -90.9%
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
  • GENCO underperformed the Commercial Services industry which returned 12.8% over the past year.
  • GENCO underperformed the Market in Thailand which returned -9.2% over the past year.
Price Volatility
GENCO
Industry
5yr Volatility vs Market

Value

 Is General Environmental Conservation 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 General Environmental Conservation 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 General Environmental Conservation.

SET:GENCO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in THB ฿ .020000
Payout Ratio Company Filings (2019-09-30) 927.2%
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:GENCO
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%) (13.21%))
0.795
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:GENCO using Dividend Discount Model Model

The calculations below outline how an intrinsic value for General Environmental Conservation 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.

SET:GENCO Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ฿0.02 / (7.64% - 1.67%)
฿0.27
SET:GENCO Discount to Share Price
Calculation Result
Value per share (THB) From above. ฿0.27
Current discount Discount to share price of ฿0.50
= -1 x (฿0.50 - ฿0.27) / ฿0.27
-84%

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

  • The current share price of General Environmental Conservation 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 General Environmental Conservation's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are General Environmental Conservation's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SET:GENCO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in THB ฿-0.02
SET:GENCO Share Price ** SET (2020-02-20) in THB ฿0.5
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 General Environmental Conservation.

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

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

= 0.5 ÷ -0.02

-30.98x

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

  • General Environmental Conservation is loss making, we can't compare its value to the TH Commercial Services industry average.
  • General Environmental Conservation is loss making, we can't compare the value of its earnings to the Thailand market.
Price based on expected Growth
Does General Environmental Conservation's expected growth come at a high price?
Raw Data
SET:GENCO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -30.98x
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 General Environmental Conservation, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on General Environmental Conservation's assets?
Raw Data
SET:GENCO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in THB ฿1.25
SET:GENCO Share Price * SET (2020-02-20) in THB ฿0.5
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:GENCO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.5 ÷ 1.25

0.4x

* Primary Listing of General Environmental Conservation.

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

  • General Environmental Conservation is good value based on assets compared to the TH Commercial Services industry average.
X
Value checks
We assess General Environmental Conservation'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. General Environmental Conservation has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

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

Future Performance

 How is General Environmental Conservation 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 General Environmental Conservation 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 General Environmental Conservation expected to grow at an attractive rate?
  • Unable to compare General Environmental Conservation's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare General Environmental Conservation's earnings growth to the Thailand market average as no estimate data is available.
  • Unable to compare General Environmental Conservation's revenue growth to the Thailand market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SET:GENCO 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:GENCO 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:GENCO Past Financials Data
Date (Data in THB Millions) Revenue Cash Flow Net Income *
2019-09-30 301 14 -18
2019-06-30 309 2 119
2019-03-31 316 22 119
2018-12-31 319 5 119
2018-09-30 325 -6 123
2018-06-30 339 13 -7
2018-03-31 355 22 4
2017-12-31 356 56 4
2017-09-30 350 60 -16
2017-06-30 348 32 -21
2017-03-31 359 33 -32
2016-12-31 389 29 -24

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if General Environmental Conservation is high growth as no earnings estimate data is available.
  • Unable to determine if General Environmental Conservation 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:GENCO 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 General Environmental Conservation Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SET:GENCO Past Financials Data
Date (Data in THB Millions) EPS *
2019-09-30 -0.02
2019-06-30 0.11
2019-03-31 0.11
2018-12-31 0.11
2018-09-30 0.11
2018-06-30 -0.01
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.03
2016-12-31 -0.02

*GAAP earnings excluding extraordinary items.

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

Next steps:

  1. Examine General Environmental Conservation's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. General Environmental Conservation'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 General Environmental Conservation'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.
General Environmental Conservation 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 General Environmental Conservation 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 General Environmental Conservation'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.
  • General Environmental Conservation does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare General Environmental Conservation's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare General Environmental Conservation's 1-year growth to the TH Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
General Environmental Conservation'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 General Environmental Conservation Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SET:GENCO Past Revenue, Cash Flow and Net Income Data
Date (Data in THB Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 300.94 -18.11 100.86
2019-06-30 309.36 118.64 104.78
2019-03-31 315.60 119.13 103.21
2018-12-31 318.97 119.43 107.25
2018-09-30 325.11 122.64 116.80
2018-06-30 339.40 -7.11 116.79
2018-03-31 355.39 3.98 117.57
2017-12-31 356.35 4.38 114.44
2017-09-30 349.77 -16.29 109.81
2017-06-30 347.60 -21.45 109.23
2017-03-31 358.89 -32.46 118.38
2016-12-31 389.38 -23.82 123.68
2016-09-30 428.78 12.78 116.57
2016-06-30 425.89 14.14 122.90
2016-03-31 388.38 13.38 110.93
2015-12-31 365.66 0.67 110.41
2015-09-30 349.95 -8.35 110.00
2015-06-30 366.82 -2.55 104.94
2015-03-31 407.82 9.09 109.24
2014-12-31 422.68 0.09 126.91
2014-09-30 425.09 -14.21 119.64
2014-06-30 435.60 -6.03 113.10
2014-03-31 445.33 -13.12 122.88
2013-12-31 435.88 11.17 94.57
2013-09-30 413.55 30.66 104.49
2013-06-30 365.92 17.23 100.33
2013-03-31 320.99 22.12 79.04

*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.
  • It is difficult to establish if General Environmental Conservation has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if General Environmental Conservation has efficiently used its assets last year compared to the TH Commercial Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if General Environmental Conservation improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess General Environmental Conservation'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.
General Environmental Conservation 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.

Health

 How is General Environmental Conservation'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 General Environmental Conservation's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • General Environmental Conservation is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • General Environmental Conservation's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of General Environmental Conservation'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 8.4x 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 General Environmental Conservation Company Filings, last reported 4 months ago.

SET:GENCO Past Debt and Equity Data
Date (Data in THB Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,407.43 73.81 161.00
2019-06-30 1,409.79 79.74 232.89
2019-03-31 1,438.99 85.57 290.48
2018-12-31 1,441.48 91.35 291.69
2018-09-30 1,451.53 116.78 348.25
2018-06-30 1,316.80 172.09 27.47
2018-03-31 1,335.31 180.51 22.95
2017-12-31 1,338.27 164.57 24.30
2017-09-30 1,344.05 172.76 43.84
2017-06-30 1,339.72 187.02 78.51
2017-03-31 1,253.23 221.05 53.55
2016-12-31 1,254.79 275.46 60.66
2016-09-30 1,269.35 278.25 64.55
2016-06-30 1,269.95 260.93 84.13
2016-03-31 1,275.36 217.88 74.10
2015-12-31 1,266.50 200.00 76.88
2015-09-30 1,263.40 70.00 135.65
2015-06-30 1,237.17 110.00 186.33
2015-03-31 1,212.09 110.00 186.34
2014-12-31 1,135.22 237.00 263.75
2014-09-30 1,115.77 237.00 246.69
2014-06-30 1,108.83 0.00 159.74
2014-03-31 1,104.39 0.00 214.72
2013-12-31 1,088.08 0.00 151.26
2013-09-30 1,078.23 0.00 180.89
2013-06-30 1,061.37 0.00 133.48
2013-03-31 1,069.76 0.00 63.54
  • General Environmental Conservation's level of debt (5.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (21.2% vs 5.2% today).
  • Debt is not well covered by operating cash flow (18.3%, less than 20% of total debt).
  • Unable to confirm if the interest payments on General Environmental Conservation's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess General Environmental Conservation'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. General Environmental Conservation has a total score of 4/6, 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 General Environmental Conservation'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
4%
Current annual income from General Environmental Conservation dividends.
If you bought ฿2,000 of General Environmental Conservation shares you are expected to receive ฿80 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?
  • General Environmental Conservation's pays a higher dividend yield than the bottom 25% of dividend payers in Thailand (2.59%).
  • General Environmental Conservation'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:GENCO 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:GENCO Past Annualized Dividends Data
Date (Data in ฿) Dividend per share (annual) Avg. Yield (%)
2019-02-27 0.020 3.225
2018-02-26 0.010 1.237
2014-05-14 0.000 0.000
2014-04-16 0.000 0.000
2014-02-28 0.000 0.000
2014-01-15 0.000 0.000
2013-11-13 0.000 0.000
2013-08-19 0.000 0.000
2013-08-14 0.000 0.000
2013-05-15 0.000 0.000
2013-02-28 0.000 0.000
2012-04-27 0.010 1.212
2011-08-11 0.000 0.000
2011-02-28 0.000 0.000
2010-08-11 0.000 0.000
2010-02-25 0.000 0.000
2009-02-26 0.010 1.991

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 General Environmental Conservation's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • 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 General Environmental Conservation'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 General Environmental Conservation afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. General Environmental Conservation 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 General Environmental Conservation'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
Asawin Wipoosiri
COMPENSATION ฿475,000
AGE 67
CEO Bio

Mr. Asawin Wipoosiri serves as the Chief Executive Officer of General Environmental Conservation Public Company Limited and served as its Deputy Managing Director since January 31, 2010. Mr. Wipoosiri served as an Advisor of General Environmental Conservation Public Co. Ltd. from January 17, 2008 to January 31, 2010. He has been an Executive Director at General Environmental Conservation Public Company Limited since February 1, 2010. He serves as the Member of the Board of Directors of Genco Renewable Co.,Ltd. He has been a Director at Asia Patana Land Co. Ltd. and General Logistics Co., Ltd. since February 2010. He served as a Director of General Environmental Conservation Public Co. Ltd. until December 21, 2007. Mr. Wipoosiri holds a Master of Art in Political Science, from Ramkhamhaeng University, a Bachelor of Art in Political Science from Ramkhamhaeng University, a Certificate of City Planning Dominican College, San Francisco, U.S.A.vv and holds a National Defense College Diploma.

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

Average tenure and age of the General Environmental Conservation management team in years:

0.8
Average Tenure
65
Average Age
  • The average tenure for the General Environmental Conservation management team is less than 2 years, this suggests a new team.
Management Team

Asawin Wipoosiri

TITLE
CEO & Executive Director
COMPENSATION
฿475K
AGE
67

Somyot Sangsuwan

TITLE
Company Secretary & Director
COMPENSATION
฿500K
AGE
65

Burin Amornpichit

TITLE
MD, Acting CFO
TENURE
0.8 yrs

Walaiporn Waika

TITLE
Manager of Corporate Administration Division & Executive Secretary to MD

Panya Polpipat

TITLE
Deputy MD & Acting Chief Marketing Officer
AGE
44
TENURE
0.4 yrs

Rukphol Aungsuwittaya

TITLE
Head of Internal Audit
TENURE
4.1 yrs
Board of Directors Tenure

Average tenure and age of the General Environmental Conservation board of directors in years:

4.6
Average Tenure
66.5
Average Age
  • The tenure for the General Environmental Conservation board of directors is about average.
Board of Directors

Kobchai Sungsitthisawad

TITLE
Chairman of the Board
TENURE
0.1 yrs

Asawin Wipoosiri

TITLE
CEO & Executive Director
COMPENSATION
฿475K
AGE
67
TENURE
10 yrs

Prakob Vivitjinda

TITLE
Vice Chairman of the Board
TENURE
0.1 yrs

Somyot Sangsuwan

TITLE
Company Secretary & Director
COMPENSATION
฿500K
AGE
65
TENURE
3.3 yrs

Burin Amornpichit

TITLE
MD, Acting CFO
TENURE
0.8 yrs

Angkhani Vorasaph

TITLE
Independent Director
COMPENSATION
฿425K
AGE
83
TENURE
20.8 yrs

Metee Auapinyakul

TITLE
Chairman of the Advisor to the Board of Directors
COMPENSATION
฿150K
AGE
65

Kosok Prakongsap

TITLE
Independent Director
COMPENSATION
฿400K
AGE
70
TENURE
11.9 yrs

Nawarat Anomasiri

TITLE
Independent Director
COMPENSATION
฿400K
AGE
66
TENURE
5.9 yrs

Tawil Praisont

TITLE
Advisor to the Board of Directors
COMPENSATION
฿180K
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 General Environmental Conservation'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. General Environmental Conservation 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

General Environmental Conservation Public Company Limited, together with its subsidiaries, engages in the treatment and disposal of industrial waste and unavoidable by-products of manufacturing processes in Thailand. It collects, stores, and transports hazardous and non-hazardous industrial waste. The company also develops and sells various real estate properties, including residential townhouses, commercial buildings, and condominiums primarily in the greater Bangkok Metropolitan area, as well as buys, develops, sells land. In addition, it operates renewable energy power plants. The company was founded in 1994 and is headquartered in Nonthaburi, Thailand.

Details
Name: General Environmental Conservation Public Company Limited
GENCO
Exchange: SET
Founded: 1994
฿561,148,812
1,122,297,625
Website: http://www.genco.co.th
Address: General Environmental Conservation Public Company Limited
447 Bondstreet Road,
Bangpood,
Nonthaburi,
11120,
Thailand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SET GENCO Ordinary Shares The Stock Exchange of Thailand TH THB 28. Sep 2000
SET GENCO-R THB1 (NVDR) The Stock Exchange of Thailand TH THB 20. Aug 2001
THAMSE GENCO-F THB1(ALIEN MARKET) Bangkok-Alien Market Stock Exchange TH THB 29. Sep 2000
Number of employees
Current staff
Staff numbers
0
General Environmental Conservation employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/20 15:17
End of day share price update: 2020/02/20 00:00
Last earnings filing: 2019/11/13
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.