Bangkok Expressway and Metro Public Company Limited Logo

Bangkok Expressway and Metro Public Company Limited

BEM.BK

(1.8)
Stock Price

8,10 THB

8.86% ROA

9.44% ROE

39.62x PER

Market Cap.

120.751.500.000,00 THB

188.85% DER

1.52% Yield

21.24% NPM

Bangkok Expressway and Metro Public Company Limited Stock Analysis

Bangkok Expressway and Metro 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.

Bangkok Expressway and Metro Public Company Limited Fundamental Stock Analysis
# Analysis Rating
1 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

2 ROE

The stock's ROE falls within an average range (8.42%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (8.89%) 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.

4 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

5 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

6 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (48), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

7 PBV

The stock's high Price-to-Book Value (P/BV) ratio (3.43x) suggests it's overvalued, potentially making it an expensive investment.

8 DER

The stock is burdened with a heavy load of debt (196%), making it financially unstable and potentially risky for investors.

9 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Bangkok Expressway and Metro 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.

Bangkok Expressway and Metro Public Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Bangkok Expressway and Metro 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.

Bangkok Expressway and Metro Public Company Limited Revenue
Year Revenue Growth
2004 445.882.779
2005 1.046.003.476 57.37%
2006 1.398.940.573 25.23%
2007 1.445.834.060 3.24%
2008 1.578.724.476 8.42%
2009 1.667.582.642 5.33%
2010 1.715.087.750 2.77%
2011 1.899.492.570 9.71%
2012 2.270.121.607 16.33%
2013 2.528.121.408 10.21%
2014 2.718.099.629 6.99%
2015 11.737.582.000 76.84%
2016 13.104.137.222 10.43%
2017 15.153.426.960 13.52%
2018 15.614.440.309 2.95%
2019 16.107.077.139 3.06%
2020 13.489.460.456 -19.4%
2021 10.726.722.390 -25.76%
2022 14.029.439.224 23.54%
2023 16.729.584.000 16.14%

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.

Bangkok Expressway and Metro Public Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 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%

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.

Bangkok Expressway and Metro Public Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 234.421.822 100%
2009 224.092.648 -4.61%
2010 205.068.248 -9.28%
2011 219.755.639 6.68%
2012 217.503.559 -1.04%
2013 201.528.099 -7.93%
2014 263.005.371 23.37%
2015 1.035.883.873 74.61%
2016 1.038.036.681 0.21%
2017 1.048.996.443 1.04%
2018 1.252.317.805 16.24%
2019 1.196.759.191 -4.64%
2020 1.176.670.273 -1.71%
2021 1.068.048.787 -10.17%
2022 1.032.991.990 -3.39%
2023 992.120.000 -4.12%

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.

Bangkok Expressway and Metro Public Company Limited EBITDA
Year EBITDA Growth
2004 -583.426.780
2005 -885.576.871 34.12%
2006 489.000.749 281.1%
2007 430.419.138 -13.61%
2008 -80.317.371 635.9%
2009 -23.110.731 -247.53%
2010 197.640.236 111.69%
2011 371.593.206 46.81%
2012 211.664.504 -75.56%
2013 471.916.971 55.15%
2014 719.959.806 34.45%
2015 7.329.346.568 90.18%
2016 8.013.332.297 8.54%
2017 8.993.373.534 10.9%
2018 9.253.363.062 2.81%
2019 9.108.756.472 -1.59%
2020 5.897.050.248 -54.46%
2021 1.783.557.786 -230.63%
2022 6.198.771.927 71.23%
2023 9.089.876.000 31.81%

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.

Bangkok Expressway and Metro Public Company Limited Gross Profit
Year Gross Profit Growth
2004 -228.587.581
2005 -405.319.012 43.6%
2006 -150.008.638 -170.2%
2007 -59.375.025 -152.65%
2008 1.603.901 3801.91%
2009 46.930.491 96.58%
2010 263.285.969 82.18%
2011 490.920.595 46.37%
2012 784.599.679 37.43%
2013 1.061.996.142 26.12%
2014 608.146.436 -74.63%
2015 4.643.132.928 86.9%
2016 5.275.879.460 11.99%
2017 5.947.244.712 11.29%
2018 5.840.516.685 -1.83%
2019 5.796.818.462 -0.75%
2020 5.062.568.702 -14.5%
2021 3.737.051.754 -35.47%
2022 5.582.374.998 33.06%
2023 7.165.532.000 22.09%

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.

Bangkok Expressway and Metro Public Company Limited Net Profit
Year Net Profit Growth
2004 -957.210.241
2005 -1.715.994.866 44.22%
2006 -1.669.383.725 -2.79%
2007 -1.475.428.409 -13.15%
2008 -1.456.952.969 -1.27%
2009 -1.333.993.416 -9.22%
2010 -1.113.510.004 -19.8%
2011 -1.154.180.144 3.52%
2012 -980.997.303 -17.65%
2013 -774.001.420 -26.74%
2014 -461.013.113 -67.89%
2015 2.649.736.343 117.4%
2016 2.605.854.468 -1.68%
2017 3.123.129.324 16.56%
2018 5.317.038.037 41.26%
2019 5.434.819.325 2.17%
2020 2.051.090.045 -164.97%
2021 1.010.097.493 -103.06%
2022 2.436.184.543 58.54%
2023 3.879.480.000 37.2%

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.

Bangkok Expressway and Metro Public Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 0
2005 -1 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 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%

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.

Bangkok Expressway and Metro Public Company Limited Free Cashflow
Year Free Cashflow Growth
2004 -303.004.682
2005 -1.445.246.448 79.03%
2006 -1.501.257.526 3.73%
2007 -1.226.024.017 -22.45%
2008 -687.901.829 -78.23%
2009 -644.799.028 -6.68%
2010 -475.515.425 -35.6%
2011 -250.006.491 -90.2%
2012 17.340.772 1541.73%
2013 -3.400.832.270 100.51%
2014 -105.033.343 -3137.86%
2015 2.969.174.800 103.54%
2016 2.854.206.934 -4.03%
2017 -871.914.499 427.35%
2018 -2.131.901.747 59.1%
2019 459.667.537 563.79%
2020 2.128.734.663 78.41%
2021 1.668.293.696 -27.6%
2022 5.153.639.899 67.63%
2023 1.214.817.000 -324.23%

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.

Bangkok Expressway and Metro Public Company Limited Operating Cashflow
Year Operating Cashflow Growth
2004 -303.004.682
2005 -1.445.246.448 79.03%
2006 -1.461.112.486 1.09%
2007 -1.197.122.546 -22.05%
2008 -667.730.893 -79.28%
2009 -604.242.569 -10.51%
2010 -448.791.177 -34.64%
2011 -234.774.332 -91.16%
2012 21.451.863 1194.42%
2013 -3.397.264.371 100.63%
2014 -14.866.140 -22752.36%
2015 3.293.180.601 100.45%
2016 3.845.326.150 14.36%
2017 7.149.509.223 46.22%
2018 8.067.067.494 11.37%
2019 7.741.375.516 -4.21%
2020 5.351.359.598 -44.66%
2021 2.869.398.878 -86.5%
2022 5.632.535.958 49.06%
2023 1.748.348.000 -222.16%

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.

Bangkok Expressway and Metro Public Company Limited Capital Expenditure
Year Capital Expenditure Growth
2004 0
2005 0 0%
2006 40.145.040 100%
2007 28.901.471 -38.9%
2008 20.170.936 -43.28%
2009 40.556.459 50.26%
2010 26.724.248 -51.76%
2011 15.232.159 -75.45%
2012 4.111.091 -270.51%
2013 3.567.899 -15.22%
2014 90.167.203 96.04%
2015 324.005.801 72.17%
2016 991.119.216 67.31%
2017 8.021.423.722 87.64%
2018 10.198.969.241 21.35%
2019 7.281.707.979 -40.06%
2020 3.222.624.935 -125.96%
2021 1.201.105.182 -168.3%
2022 478.896.059 -150.81%
2023 533.531.000 10.24%

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.

Bangkok Expressway and Metro Public Company Limited Equity
Year Equity Growth
2004 6.699.454.884
2005 5.410.540.580 -23.82%
2006 8.412.860.892 35.69%
2007 6.937.432.483 -21.27%
2008 5.506.909.169 -25.98%
2009 4.144.126.922 -32.88%
2010 3.030.616.918 -36.74%
2011 1.876.436.774 -61.51%
2012 895.439.471 -109.55%
2013 8.682.668.334 89.69%
2014 8.216.965.653 -5.67%
2015 29.043.591.973 71.71%
2016 29.689.251.569 2.17%
2017 31.068.184.965 4.44%
2018 35.612.026.523 12.76%
2019 38.823.181.346 8.27%
2020 38.033.724.632 -2.08%
2021 37.698.832.399 -0.89%
2022 37.263.562.813 -1.17%
2023 36.707.060.000 -1.52%

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.

Bangkok Expressway and Metro Public Company Limited Assets
Year Assets Growth
2004 19.305.648.007
2005 19.731.501.356 2.16%
2006 21.241.695.044 7.11%
2007 19.705.250.764 -7.8%
2008 19.187.587.012 -2.7%
2009 18.876.091.227 -1.65%
2010 18.583.129.620 -1.58%
2011 18.467.068.363 -0.63%
2012 18.304.022.520 -0.89%
2013 20.358.903.411 10.09%
2014 18.482.197.381 -10.15%
2015 78.120.032.509 76.34%
2016 82.785.563.085 5.64%
2017 98.919.365.502 16.31%
2018 103.830.909.338 4.73%
2019 111.696.769.983 7.04%
2020 113.615.758.299 1.69%
2021 115.088.499.436 1.28%
2022 114.128.187.251 -0.84%
2023 112.850.184.000 -1.13%

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.

Bangkok Expressway and Metro Public Company Limited Liabilities
Year Liabilities Growth
2004 12.585.103.847
2005 14.314.237.551 12.08%
2006 12.802.832.303 -11.81%
2007 12.737.428.542 -0.51%
2008 13.680.677.843 6.89%
2009 14.658.315.253 6.67%
2010 15.488.473.160 5.36%
2011 16.529.867.077 6.3%
2012 17.347.333.237 4.71%
2013 11.602.832.684 -49.51%
2014 10.180.276.336 -13.97%
2015 48.989.998.356 79.22%
2016 53.002.858.802 7.57%
2017 67.740.067.329 21.76%
2018 68.218.882.815 0.7%
2019 72.873.588.637 6.39%
2020 75.582.033.667 3.58%
2021 77.389.667.037 2.34%
2022 76.864.624.438 -0.68%
2023 76.143.124.000 -0.95%

Bangkok Expressway and Metro Public Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1
Net Income per Share
0.2
Price to Earning Ratio
39.62x
Price To Sales Ratio
7.49x
POCF Ratio
19.45
PFCF Ratio
21.66
Price to Book Ratio
3.48
EV to Sales
11.67
EV Over EBITDA
23.31
EV to Operating CashFlow
28.67
EV to FreeCashFlow
33.77
Earnings Yield
0.03
FreeCashFlow Yield
0.05
Market Cap
120,75 Bil.
Enterprise Value
188,23 Bil.
Graham Number
3.19
Graham NetNet
-4.43

Income Statement Metrics

Net Income per Share
0.2
Income Quality
1.72
ROE
0.09
Return On Assets
0.03
Return On Capital Employed
0.07
Net Income per EBT
0.83
EBT Per Ebit
0.65
Ebit per Revenue
0.4
Effective Tax Rate
0.17

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.43
Operating Profit Margin
0.4
Pretax Profit Margin
0.26
Net Profit Margin
0.21

Dividends

Dividend Yield
0.02
Dividend Yield %
1.52
Payout Ratio
0.57
Dividend Per Share
0.12

Operating Metrics

Operating Cashflow per Share
0.41
Free CashFlow per Share
0.34
Capex to Operating CashFlow
-0.15
Capex to Revenue
-0.06
Capex to Depreciation
-0.52
Return on Invested Capital
0.05
Return on Tangible Assets
0.09
Days Sales Outstanding
55.63
Days Payables Outstanding
80.67
Days of Inventory on Hand
9.61
Receivables Turnover
6.56
Payables Turnover
4.52
Inventory Turnover
37.98
Capex per Share
-0.06

Balance Sheet

Cash per Share
0,15
Book Value per Share
2,27
Tangible Book Value per Share
-2.46
Shareholders Equity per Share
2.27
Interest Debt per Share
4.43
Debt to Equity
1.89
Debt to Assets
0.61
Net Debt to EBITDA
8.36
Current Ratio
0.35
Tangible Asset Value
-39,76 Bil.
Net Current Asset Value
-70,67 Bil.
Invested Capital
1.89
Working Capital
-10,10 Bil.
Intangibles to Total Assets
0.68
Average Receivables
2,43 Bil.
Average Payables
1,94 Bil.
Average Inventory
244012000
Debt to Market Cap
0.57

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.

Bangkok Expressway and Metro Public Company Limited Dividends
Year Dividends Growth
2016 0
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Bangkok Expressway and Metro Public Company Limited Profile

About Bangkok Expressway and Metro Public Company Limited

Bangkok Expressway and Metro Public Company Limited, together with its subsidiaries, engages in the construction and management of expressways and rail mass rapid transit system projects in Thailand. The company operates through Expressway Business, Rail Business, and Commercial Development Business segments. It is involved in the operation of metro services, including commercial development relating to the expressway and metro systems. The company also operates and manages the Si Rat Expressway, the Si Rat - Outer Ring Road Expressway, and the Udon Ratthaya Expressway, as well as the M.R.T. Chaloem Ratchamongkhon Line and MRT Chalong Ratchadham Line projects. In addition, it engages in the leasing of retail space, and provision of advertising services, as well as offers service and maintenance telecommunication systems equipment inside metro stations. The company was founded in 1998 and is headquartered in Bangkok, Thailand.

CEO
Mr. Plew Trivisvavet
Employee
0
Address
587 Sutthisarn Road
Bangkok, 10400

Bangkok Expressway and Metro Public Company Limited Executives & BODs

Bangkok Expressway and Metro Public Company Limited Executives & BODs
# Name Age
1 Ms. Manatsavee Subchavaroj
Assistant MD of Legal & Compliance Group, Company Secretary and Head of Compliance Unit
70
2 Dr. Supamas Trivisvavet
Executive Director
70
3 Ms. Payao Marittanaporn
Executive Director
70
4 Dr. Sombat Kitjalaksana
MD & Executive Director
70
5 Mr. Alvin Gee
Deputy Managing Director of Administration
70
6 Mr. Witoon Hatairatana
Deputy Managing Director of Operations & Engineering (Rail)
70
7 Ms. Panan Tosuwanthaworn
Deputy Managing Director of Accounting & Finance
70
8 Mr. Tanavat Vanadit
Head of Investor Relations & Investor Relations Manager
70
9 Mr. Plew Trivisvavet
Chairman of the Board of Directors & Chief Executive Officer
70
10 Dr. Supong Chayutsahakij
Executive Director
70

Bangkok Expressway and Metro Public Company Limited Competitors