Eastern Commercial Leasing Public Company Limited Logo

Eastern Commercial Leasing Public Company Limited

ECL.BK

(1.8)
Stock Price

1,00 THB

2.65% ROA

5.72% ROE

12.04x PER

Market Cap.

1.585.669.800,00 THB

159.14% DER

5.59% Yield

18.16% NPM

Eastern Commercial Leasing Public Company Limited Stock Analysis

Eastern Commercial Leasing 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.

Eastern Commercial Leasing Public Company Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.9x), the stock offers substantial upside potential at a bargain price.

2 ROE

ROE in an average range (8.18%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (3.22%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

5 Dividend

The company's history of regular dividend distributions in the last three years showcases its ability to generate reliable income for shareholders.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (7) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 DER

The stock is burdened with a heavy load of debt (146%), making it financially unstable and potentially risky for investors.

8 Revenue Growth

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

9 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

10 Assets 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.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Eastern Commercial Leasing 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.

Eastern Commercial Leasing Public Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Hold

Eastern Commercial Leasing 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.

Eastern Commercial Leasing Public Company Limited Revenue
Year Revenue Growth
2003 73.484.645
2004 87.203.991 15.73%
2005 97.569.039 10.62%
2006 93.320.320 -4.55%
2007 88.414.060 -5.55%
2008 113.994.265 22.44%
2009 102.529.293 -11.18%
2010 96.357.797 -6.4%
2011 110.237.435 12.59%
2012 179.041.877 38.43%
2013 197.802.988 9.48%
2014 220.900.133 10.46%
2015 242.441.985 8.89%
2016 227.916.087 -6.37%
2017 343.950.889 33.74%
2018 644.468.667 46.63%
2019 855.958.414 24.71%
2020 827.889.265 -3.39%
2021 614.396.355 -34.75%
2022 542.194.379 -13.32%
2023 599.193.836 9.51%

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.

Eastern Commercial Leasing Public Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 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.

Eastern Commercial Leasing Public Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 67.358.475 100%
2009 62.854.385 -7.17%
2010 63.005.728 0.24%
2011 73.627.978 14.43%
2012 79.094.858 6.91%
2013 87.740.015 9.85%
2014 102.112.573 14.08%
2015 111.643.117 8.54%
2016 178.175.660 37.34%
2017 198.916.346 10.43%
2018 281.850.507 29.42%
2019 392.356.681 28.16%
2020 449.217.264 12.66%
2021 325.819.738 -37.87%
2022 242.011.526 -34.63%
2023 321.929.824 24.82%

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.

Eastern Commercial Leasing Public Company Limited EBITDA
Year EBITDA Growth
2003 78.153.401
2004 92.580.587 15.58%
2005 102.934.282 10.06%
2006 97.631.055 -5.43%
2007 93.303.360 -4.64%
2008 52.755.901 -76.86%
2009 48.351.354 -9.11%
2010 43.570.181 -10.97%
2011 50.687.929 14.04%
2012 63.834.989 20.6%
2013 73.727.281 13.42%
2014 96.706.207 23.76%
2015 127.524.916 24.17%
2016 125.380.918 -1.71%
2017 265.448.764 52.77%
2018 288.484.169 7.98%
2019 377.515.549 23.58%
2020 8.116.803 -4551.04%
2021 159.690.326 94.92%
2022 130.968.447 -21.93%
2023 -11.513.318 1237.54%

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.

Eastern Commercial Leasing Public Company Limited Gross Profit
Year Gross Profit Growth
2003 73.484.645
2004 87.203.991 15.73%
2005 97.569.039 10.62%
2006 93.320.320 -4.55%
2007 88.414.060 -5.55%
2008 113.994.265 22.44%
2009 102.529.293 -11.18%
2010 96.357.797 -6.4%
2011 110.237.435 12.59%
2012 115.518.034 4.57%
2013 129.075.784 10.5%
2014 159.517.395 19.08%
2015 181.776.249 12.25%
2016 227.916.087 20.24%
2017 343.950.889 33.74%
2018 486.619.128 29.32%
2019 627.638.094 22.47%
2020 611.530.354 -2.63%
2021 479.329.411 -27.58%
2022 440.106.886 -8.91%
2023 458.906.314 4.1%

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.

Eastern Commercial Leasing Public Company Limited Net Profit
Year Net Profit Growth
2003 17.531.229
2004 12.510.474 -40.13%
2005 19.428.618 35.61%
2006 16.734.682 -16.1%
2007 -8.825.535 289.62%
2008 29.770.570 129.65%
2009 28.428.509 -4.72%
2010 27.233.088 -4.39%
2011 21.575.180 -26.22%
2012 37.393.468 42.3%
2013 45.848.702 18.44%
2014 54.789.992 16.32%
2015 50.885.703 -7.67%
2016 25.029.260 -103.3%
2017 128.721.362 80.56%
2018 142.263.695 9.52%
2019 130.089.142 -9.36%
2020 61.679.348 -110.91%
2021 194.013.396 68.21%
2022 184.566.425 -5.12%
2023 61.898.019 -198.18%

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.

Eastern Commercial Leasing Public Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 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%

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.

Eastern Commercial Leasing Public Company Limited Free Cashflow
Year Free Cashflow Growth
2003 -140.303.793
2004 -198.642.734 29.37%
2005 -68.115.759 -191.63%
2006 116.337.970 158.55%
2007 46.732.677 -148.94%
2008 75.166.102 37.83%
2009 146.733.952 48.77%
2010 -58.645.278 350.21%
2011 -418.810.049 86%
2012 -322.060.651 -30.04%
2013 55.103.012 684.47%
2014 -79.451.288 169.35%
2015 13.346.222 695.31%
2016 -485.016.775 102.75%
2017 -1.361.286.303 64.37%
2018 -1.910.104.649 28.73%
2019 -880.364.111 -116.97%
2020 1.379.392.859 163.82%
2021 1.297.382.750 -6.32%
2022 454.362.965 -185.54%
2023 -175.737.200 358.55%

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.

Eastern Commercial Leasing Public Company Limited Operating Cashflow
Year Operating Cashflow Growth
2003 -132.388.672
2004 -197.092.557 32.83%
2005 -67.046.731 -193.96%
2006 119.077.795 156.3%
2007 57.437.411 -107.32%
2008 76.165.305 24.59%
2009 156.840.218 51.44%
2010 -51.388.611 405.2%
2011 -406.328.538 87.35%
2012 -310.930.925 -30.68%
2013 59.692.748 620.89%
2014 -66.225.342 190.14%
2015 18.597.149 456.1%
2016 -478.498.381 103.89%
2017 -1.346.501.313 64.46%
2018 -1.893.787.404 28.9%
2019 -846.089.202 -123.83%
2020 1.383.352.225 161.16%
2021 1.302.132.633 -6.24%
2022 462.605.558 -181.48%
2023 -174.641.086 364.89%

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.

Eastern Commercial Leasing Public Company Limited Capital Expenditure
Year Capital Expenditure Growth
2003 7.915.121
2004 1.550.177 -410.59%
2005 1.069.029 -45.01%
2006 2.739.826 60.98%
2007 10.704.734 74.41%
2008 999.203 -971.33%
2009 10.106.266 90.11%
2010 7.256.667 -39.27%
2011 12.481.511 41.86%
2012 11.129.726 -12.15%
2013 4.589.736 -142.49%
2014 13.225.946 65.3%
2015 5.250.927 -151.88%
2016 6.518.394 19.44%
2017 14.784.991 55.91%
2018 16.317.245 9.39%
2019 34.274.908 52.39%
2020 3.959.366 -765.67%
2021 4.749.883 16.64%
2022 8.242.594 42.37%
2023 1.096.114 -651.98%

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.

Eastern Commercial Leasing Public Company Limited Equity
Year Equity Growth
2003 331.962.110
2004 457.781.297 27.48%
2005 452.609.915 -1.14%
2006 452.944.597 0.07%
2007 444.119.062 -1.99%
2008 465.689.632 4.63%
2009 469.518.141 0.82%
2010 472.151.229 0.56%
2011 474.054.221 0.4%
2012 474.547.689 0.1%
2013 678.625.421 30.07%
2014 685.833.342 1.05%
2015 736.719.045 6.91%
2016 1.104.422.959 33.29%
2017 1.380.765.187 20.01%
2018 1.757.593.729 21.44%
2019 1.885.314.377 6.77%
2020 1.749.626.941 -7.76%
2021 1.832.174.043 4.51%
2022 1.872.607.676 2.16%
2023 1.871.916.949 -0.04%

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.

Eastern Commercial Leasing Public Company Limited Assets
Year Assets Growth
2003 957.490.521
2004 1.156.415.486 17.2%
2005 1.236.171.169 6.45%
2006 1.123.097.509 -10.07%
2007 1.076.932.757 -4.29%
2008 1.022.647.495 -5.31%
2009 903.714.247 -13.16%
2010 976.028.312 7.41%
2011 1.417.099.774 31.12%
2012 1.777.750.483 20.29%
2013 1.873.401.324 5.11%
2014 1.913.858.481 2.11%
2015 1.954.155.007 2.06%
2016 2.542.802.668 23.15%
2017 4.074.592.337 37.59%
2018 6.395.700.641 36.29%
2019 7.428.446.228 13.9%
2020 5.966.250.769 -24.51%
2021 4.849.385.466 -23.03%
2022 4.442.160.682 -9.17%
2023 4.975.204.146 10.71%

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.

Eastern Commercial Leasing Public Company Limited Liabilities
Year Liabilities Growth
2003 625.528.411
2004 698.634.189 10.46%
2005 783.561.254 10.84%
2006 670.152.912 -16.92%
2007 632.813.695 -5.9%
2008 556.957.863 -13.62%
2009 434.196.106 -28.27%
2010 503.877.084 13.83%
2011 943.045.553 46.57%
2012 1.303.202.794 27.64%
2013 1.194.775.903 -9.08%
2014 1.228.025.139 2.71%
2015 1.217.435.962 -0.87%
2016 1.438.379.709 15.36%
2017 2.693.827.150 46.6%
2018 4.638.106.913 41.92%
2019 5.543.131.851 16.33%
2020 4.216.623.827 -31.46%
2021 3.017.211.422 -39.75%
2022 2.569.553.006 -17.42%
2023 3.103.287.196 17.2%

Eastern Commercial Leasing Public Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.51
Net Income per Share
0.12
Price to Earning Ratio
12.04x
Price To Sales Ratio
2.78x
POCF Ratio
-3.83
PFCF Ratio
-3.79
Price to Book Ratio
0.85
EV to Sales
7.94
EV Over EBITDA
55.59
EV to Operating CashFlow
-10.94
EV to FreeCashFlow
-10.82
Earnings Yield
0.08
FreeCashFlow Yield
-0.26
Market Cap
1,59 Bil.
Enterprise Value
4,53 Bil.
Graham Number
2.12
Graham NetNet
-1.67

Income Statement Metrics

Net Income per Share
0.12
Income Quality
-3.14
ROE
0.07
Return On Assets
0.02
Return On Capital Employed
0.02
Net Income per EBT
0.84
EBT Per Ebit
2.22
Ebit per Revenue
0.1
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.48
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
-0.06
Gross Profit Margin
0.78
Operating Profit Margin
0.1
Pretax Profit Margin
0.22
Net Profit Margin
0.18

Dividends

Dividend Yield
0.06
Dividend Yield %
5.59
Payout Ratio
0.25
Dividend Per Share
0.08

Operating Metrics

Operating Cashflow per Share
-0.37
Free CashFlow per Share
-0.38
Capex to Operating CashFlow
0.01
Capex to Revenue
-0.01
Capex to Depreciation
-0.29
Return on Invested Capital
0.01
Return on Tangible Assets
0.03
Days Sales Outstanding
1038.47
Days Payables Outstanding
3.73
Days of Inventory on Hand
0
Receivables Turnover
0.35
Payables Turnover
97.74
Inventory Turnover
4.8536421467685E+14
Capex per Share
-0

Balance Sheet

Cash per Share
0,04
Book Value per Share
1,69
Tangible Book Value per Share
1.68
Shareholders Equity per Share
1.69
Interest Debt per Share
2.64
Debt to Equity
1.59
Debt to Assets
0.6
Net Debt to EBITDA
36.11
Current Ratio
1.02
Tangible Asset Value
1,87 Bil.
Net Current Asset Value
-1,42 Bil.
Invested Capital
1.59
Working Capital
0,03 Bil.
Intangibles to Total Assets
0
Average Receivables
1,62 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
1.88

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.

Eastern Commercial Leasing Public Company Limited Dividends
Year Dividends Growth
2005 0
2006 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2017 0 0%
2018 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Eastern Commercial Leasing Public Company Limited Profile

About Eastern Commercial Leasing Public Company Limited

Eastern Commercial Leasing Public Company Limited engages in the provision of credit services to personal and juristic person in the form of hire purchase, loans, and sale with right of redemption agreement in Thailand. It also provides vehicle registration, vehicle insurance, vehicle third party liability insurance, and life insurance renewal services. The company was founded in 1982 and is headquartered in Bangkok, Thailand.

CEO
Mr. Danucha Veerapong
Employee
98
Address
976/1 Soi Rama IX Hospital
Bangkok, 10310

Eastern Commercial Leasing Public Company Limited Executives & BODs

Eastern Commercial Leasing Public Company Limited Executives & BODs
# Name Age
1 Mr. Danucha Veerapong
Chief Executive Officer & Director
70
2 Ms. Charatsang Yuampai
Deputy MD of Accounting & Finance and Chief Financial Officer
70
3 Ms. Duangrat Jaengmongkol
Company Secretary & Director
70
4 Apitsara Sriamorn
Head of Investor Relation
70
5 Mr. Sukkasem Titasaro
Director of Collection & Head of Compliance
70
6 Mr. Tiratee Patiparnwoharn
Deputy Managing Director of Marketing
70
7 Mr. Prapakorn Veerapong
MD & Executive Director
70
8 Mr. Masayuki Nozawa
Deputy MD of Collection & Executive Director
70

Eastern Commercial Leasing Public Company Limited Competitors