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Plus Tech Innovation Public Company Limited (PTECH.BK)
Key financial summary
Financials in THB| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | THB m | 1,615 | 1,206 | 1,156 | 1,387 | 674 | 220 | 221 |
| Operating profit | THB m | -312 | -497 | |||||
| Net profit | THB m | -17 | -401 | 138 | -17 | -547 | -1,097 | -1,097 |
| EPS reported | THB | -3.73 | -3.56 | |||||
| Operating cashflow per share | THB | -0.22 | -0.17 | |||||
| Capex per share | THB | 0.06 | 0.04 | |||||
| FCF per share | THB | -0.28 | -0.21 | |||||
| Free cash flow | THB m | -82 | -78 | |||||
| Net debt | THB m | 19 | 19 | |||||
| Book value equity | THB m | 280 | 280 | |||||
| Book value per share | THB | 0.95 | 0.76 | |||||
| Number of shares | m | 294.52 | 367.31 | |||||
| DPS (TTM paid) | THB | 0.00 | 0.00 |
Financial summary
Financials in THB| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 1.85 | 1.35 | |||||
| P/S LTM | x | 2.36 | 1.71 | |||||
| P/FCF LTM | x | -6.29 | -4.85 | |||||
| EV/EBITDA LTM | x | -3.84 | -0.48 | |||||
| EV/Sales LTM | x | 2.46 | 1.80 | |||||
| Earnings Yield LTM | % | -211.71% | -233.42% | |||||
| FCF Yield | % | -15.89% | -20.62% | |||||
| Quality | ||||||||
| ROE | % | -391.75% | -415.47% | |||||
| ROIC | % | -79.88% | -127.28% | |||||
| Operating margin | % | -142.04% | -225.46% | |||||
| Gross margin | % | 0.61% | -4.28% | |||||
| FCF/Sales | % | -37.46% | -35.21% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | -67.36% | -67.36% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | -0.86 | -0.81 | |||||
| Net Debt/EBITDA | x | -0.16 | -0.03 | |||||
| EBIT/Net interest | x | -36.90 | -31.22 | |||||
| Net debt/market cap | % | 3.75% | 5.16% | |||||
| Net debt/Equity | x | 0.07 | 0.07 | |||||
| Gross debt/equity | x | 0.34 | 0.34 | |||||
Company overview
Plus Tech Innovation Public Company Limited, established in 1978 and headquartered in Samut Prakan, Thailand, is a global manufacturer and vendor of secure documents and a provider of advanced technological solutions. The company produces a diverse range of security documents, including corporate communications like annual reports and share certificates, commercial cash coupons, postal stamps, and various essential business forms such as cheques, continuous forms, and payroll slips. Furthermore, it specializes in the creation of numerous types of cards, encompassing debit, credit, membership, gift, ID, transportation, contact, contactless, dual-interface, biometric, plastic, and display cards. Beyond physical products, Plus Tech Innovation delivers comprehensive information, document, and security management systems, alongside a smart office platform. Its offerings extend to smart label products, featuring track and trace solutions for supply chain management and product authentication systems, as well as innovations in smart factory applications, the Internet of Things (IoT), and augmented reality. The company also furnishes extensive document solutions management services, covering printing consultation, design, manufacturing, quality assurance, secure database storage, product delivery, and the certified destruction of sensitive documents, in addition to providing services related to stationery and office equipment. Formerly known as TBSP Public Company Limited, Plus Tech Innovation became a subsidiary of Sabuy Technology Public Company Limited on September 20, 2021.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Plus Tech Innovation Public Company Limited (PTECH.BK)
Plus Tech Innovation Public Company Limited, established in 1978 and headquartered in Samut Prakan, Thailand, is a global manufacturer and vendor of secure documents and a provider of advanced technological solutions. The company produces a diverse range of security documents, including corporate communications like annual reports and share certificates, commercial cash coupons, postal stamps, and various essential business forms such as cheques, continuous forms, and payroll slips. Furthermore, it specializes in the creation of numerous types of cards, encompassing debit, credit, membership, gift, ID, transportation, contact, contactless, dual-interface, biometric, plastic, and display cards. Beyond physical products, Plus Tech Innovation delivers comprehensive information, document, and security management systems, alongside a smart office platform. Its offerings extend to smart label products, featuring track and trace solutions for supply chain management and product authentication systems, as well as innovations in smart factory applications, the Internet of Things (IoT), and augmented reality. The company also furnishes extensive document solutions management services, covering printing consultation, design, manufacturing, quality assurance, secure database storage, product delivery, and the certified destruction of sensitive documents, in addition to providing services related to stationery and office equipment. Formerly known as TBSP Public Company Limited, Plus Tech Innovation became a subsidiary of Sabuy Technology Public Company Limited on September 20, 2021.
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