Absolute Clean Energy Public Company Limited Logo

Absolute Clean Energy Public Company Limited

ACE-R.BK

(2.2)
Stock Price

1,30 THB

4.36% ROA

6.24% ROE

14.54x PER

Market Cap.

13.904.375.472,00 THB

40.81% DER

0% Yield

15.26% NPM

Absolute Clean Energy Public Company Limited Stock Analysis

Absolute Clean Energy Public Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Absolute Clean Energy Public Company Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (35%), which means it has a small amount of debt compared to the ownership it holds

2 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 ROE

The stock's ROE falls within an average range (8.12%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (6.1%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.07x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

7 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (11), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

Absolute Clean Energy Public Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Absolute Clean Energy Public Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Absolute Clean Energy Public Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Absolute Clean Energy Public Company Limited Revenue
Year Revenue Growth
2014 1.314.829.629
2015 2.095.653.866 37.26%
2016 2.150.631.438 2.56%
2017 4.255.715.541 49.46%
2018 4.833.209.134 11.95%
2019 4.950.636.639 2.37%
2020 5.858.143.296 15.49%
2021 5.726.920.797 -2.29%
2022 6.917.013.805 17.21%
2023 6.509.658.312 -6.26%
2023 6.582.706.008 1.11%
2024 6.266.842.128 -5.04%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Absolute Clean Energy Public Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2014 0
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Absolute Clean Energy Public Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2014 90.431.933
2015 251.714.368 64.07%
2016 237.006.797 -6.21%
2017 286.812.695 17.37%
2018 378.530.506 24.23%
2019 330.364.776 -14.58%
2020 322.254.790 -2.52%
2021 350.349.632 8.02%
2022 438.160.202 20.04%
2023 427.627.896 -2.46%
2023 444.791.110 3.86%
2024 412.559.192 -7.81%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Absolute Clean Energy Public Company Limited EBITDA
Year EBITDA Growth
2014 553.020.021
2015 466.186.971 -18.63%
2016 763.571.163 38.95%
2017 1.446.845.655 47.23%
2018 1.559.725.502 7.24%
2019 1.795.243.261 13.12%
2020 2.005.294.318 10.47%
2021 2.234.612.796 10.26%
2022 2.165.341.966 -3.2%
2023 2.199.647.244 1.56%
2023 2.096.621.389 -4.91%
2024 2.016.459.920 -3.98%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Absolute Clean Energy Public Company Limited Gross Profit
Year Gross Profit Growth
2014 374.508.889
2015 463.771.679 19.25%
2016 724.668.093 36%
2017 1.132.988.481 36.04%
2018 1.417.461.639 20.07%
2019 1.625.936.087 12.82%
2020 1.791.331.050 9.23%
2021 1.918.951.546 6.65%
2022 1.872.683.525 -2.47%
2023 1.834.897.572 -2.06%
2023 1.765.666.731 -3.92%
2024 1.592.941.440 -10.84%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Absolute Clean Energy Public Company Limited Net Profit
Year Net Profit Growth
2014 109.230.804
2015 -3.409.969 3303.28%
2016 134.038.193 102.54%
2017 424.922.866 68.46%
2018 546.565.581 22.26%
2019 815.305.687 32.96%
2020 1.507.640.732 45.92%
2021 1.505.680.618 -0.13%
2022 1.281.979.746 -17.45%
2023 1.267.260.744 -1.16%
2023 1.072.511.099 -18.16%
2024 878.408.548 -22.1%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Absolute Clean Energy Public Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2014 0
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Absolute Clean Energy Public Company Limited Free Cashflow
Year Free Cashflow Growth
2014 -439.299.841
2015 -1.879.328.252 76.62%
2016 -2.564.277.151 26.71%
2017 -35.907.593 -7041.32%
2018 1.362.940.672 102.63%
2019 984.342.804 -38.46%
2020 370.182.607 -165.91%
2021 78.734.273 -370.17%
2022 -291.544.572 127.01%
2023 220.403.105 232.28%
2023 262.525.525 16.05%
2024 -1.337.364.665 119.63%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Absolute Clean Energy Public Company Limited Operating Cashflow
Year Operating Cashflow Growth
2014 698.350.739
2015 164.215.772 -325.26%
2016 798.222.387 79.43%
2017 1.015.804.041 21.42%
2018 1.697.150.123 40.15%
2019 1.618.596.931 -4.85%
2020 1.894.521.051 14.56%
2021 1.868.648.707 -1.38%
2022 1.522.153.201 -22.76%
2023 1.979.480.637 23.1%
2023 624.532.398 -216.95%
2024 397.225.808 -57.22%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Absolute Clean Energy Public Company Limited Capital Expenditure
Year Capital Expenditure Growth
2014 1.137.650.580
2015 2.043.544.024 44.33%
2016 3.362.499.538 39.23%
2017 1.051.711.634 -219.72%
2018 334.209.451 -214.69%
2019 634.254.127 47.31%
2020 1.524.338.444 58.39%
2021 1.789.914.434 14.84%
2022 1.813.697.773 1.31%
2023 1.759.077.532 -3.11%
2023 362.006.873 -385.92%
2024 1.734.590.473 79.13%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Absolute Clean Energy Public Company Limited Equity
Year Equity Growth
2014 13.382.844.092
2015 276.778.199 -4735.22%
2016 4.613.693.678 94%
2017 5.113.593.899 9.78%
2018 5.571.638.241 8.22%
2019 10.793.039.619 48.38%
2020 11.992.833.106 10%
2021 13.368.577.612 10.29%
2022 14.184.764.902 5.75%
2023 15.302.596.165 7.3%
2023 15.094.432.676 -1.38%
2024 15.796.944.391 4.45%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Absolute Clean Energy Public Company Limited Assets
Year Assets Growth
2014 11.740.684.683
2015 10.622.020.106 -10.53%
2016 13.358.704.198 20.49%
2017 14.073.649.779 5.08%
2018 13.886.740.629 -1.35%
2019 14.145.176.999 1.83%
2020 16.429.688.248 13.9%
2021 18.740.200.511 12.33%
2022 20.071.141.771 6.63%
2023 21.737.206.245 7.66%
2023 20.767.037.727 -4.67%
2024 23.367.497.556 11.13%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Absolute Clean Energy Public Company Limited Liabilities
Year Liabilities Growth
2014 5.049.262.637
2015 10.345.241.907 51.19%
2016 8.745.010.520 -18.3%
2017 8.960.055.880 2.4%
2018 8.315.102.388 -7.76%
2019 3.352.137.380 -148.05%
2020 4.436.855.142 24.45%
2021 5.371.622.899 17.4%
2022 5.886.376.869 8.74%
2023 6.434.610.080 8.52%
2023 5.672.605.051 -13.43%
2024 7.570.553.165 25.07%

Absolute Clean Energy Public Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.62
Net Income per Share
0.09
Price to Earning Ratio
14.54x
Price To Sales Ratio
2.22x
POCF Ratio
7.4
PFCF Ratio
-11.74
Price to Book Ratio
0.89
EV to Sales
3.18
EV Over EBITDA
9.89
EV to Operating CashFlow
10.61
EV to FreeCashFlow
-16.82
Earnings Yield
0.07
FreeCashFlow Yield
-0.09
Market Cap
13,90 Bil.
Enterprise Value
19,92 Bil.
Graham Number
1.82
Graham NetNet
-0.52

Income Statement Metrics

Net Income per Share
0.09
Income Quality
1.91
ROE
0.06
Return On Assets
0.04
Return On Capital Employed
0.06
Net Income per EBT
0.92
EBT Per Ebit
0.85
Ebit per Revenue
0.2
Effective Tax Rate
0.08

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.26
Operating Profit Margin
0.2
Pretax Profit Margin
0.17
Net Profit Margin
0.15

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.19
Free CashFlow per Share
-0.12
Capex to Operating CashFlow
1.63
Capex to Revenue
0.49
Capex to Depreciation
3.88
Return on Invested Capital
0.05
Return on Tangible Assets
0.04
Days Sales Outstanding
107.13
Days Payables Outstanding
27.62
Days of Inventory on Hand
83.86
Receivables Turnover
3.41
Payables Turnover
13.22
Inventory Turnover
4.35
Capex per Share
0.3

Balance Sheet

Cash per Share
0,04
Book Value per Share
1,57
Tangible Book Value per Share
1.43
Shareholders Equity per Share
1.56
Interest Debt per Share
0.66
Debt to Equity
0.41
Debt to Assets
0.27
Net Debt to EBITDA
2.99
Current Ratio
1.69
Tangible Asset Value
14,37 Bil.
Net Current Asset Value
-4,17 Bil.
Invested Capital
17252252246
Working Capital
1,38 Bil.
Intangibles to Total Assets
0.06
Average Receivables
1,77 Bil.
Average Payables
0,37 Bil.
Average Inventory
1107325395
Debt to Market Cap
0.46

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Absolute Clean Energy Public Company Limited Dividends
Year Dividends Growth
2020 0
2021 0 0%
2022 0 0%

Absolute Clean Energy Public Company Limited Profile

About Absolute Clean Energy Public Company Limited

Absolute Clean Energy Public Company Limited, together with its subsidiaries, operates biomass, municipal solid waste, natural gas, and solar energy power plants in Thailand. The company operates through four segments: Biomass Power Plants, Solid Waste Power Plant, Natural Gas Power Plant, and Solar Energy Power Plant. As of December 31, 2021, it has 23 power plants with an installed capacity of 257.57 megawatts. Absolute Clean Energy Public Company Limited was incorporated in 2015 and is headquartered in Bangkok, Thailand.

CEO
Mr. Tanachai Bunditvorapoom
Employee
836
Address
140/6 ITF Tower
Bangkok, 10500

Absolute Clean Energy Public Company Limited Executives & BODs

Absolute Clean Energy Public Company Limited Executives & BODs
# Name Age
1 Sivis Anantakul
Investor Relations Senior Manager
70
2 Mr. Chainat Buathong
Company Secretary and Legal & Regulatory Compliance Director
70
3 Ms. Peck Shu Tan
Co-Chief Executive Officer of Advance Agro Asia Company Limited
70
4 Mr. Umporn Sangsukdee
Chief Executive Officer of Advance Agro Asia Company Limited
70
5 Mr. Pornmett Songmetta
Chief Operating Officer & Executive Director
70
6 Lieutenant General Adul Narongsak
Executive Director
70
7 Ms. Sadudta Navaskul
Vice President of Finance & Accounting
70
8 Mr. Tanavijit Ankapipatchai
Chief Financial Officer & Executive Director
70
9 Mr. Teerawut Songmetta
Executive Director and Chief Executive Technology & Innovation Officer
70
10 Mr. Tanachai Bunditvorapoom
Chief Executive Officer & Executive Director
70

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