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Companies Industrials ARROWM.BK
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ARROWM.BK SET (Bangkok) Electrical Equipment

Arrow Syndicate PCL

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Mcap
P/E
EV / Rev
Div yield
6,96 %
Op margin
12,3 %
ROE
9,3 %
Net margin
9,6 %
Debt / equity
0,14
Beta
52w range
Volume
Day range
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Next earnings
Ex-dividend
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About

Arrow Syndicate PCL operates in the Electrical Equipment industry within the Industrials sector, generating revenue through the sale of electrical equipment and related services.

Business. Arrow Syndicate PCL (ARROWM.BK) is an electrical equipment manufacturer headquartered in Thailand. The company operates within the Industrials sector, specifically focusing on the production and sale of electrical equipment. It is primarily listed on the Stock Exchange of Thailand (SET). Detailed information regarding operating segments and geographic revenue mix is not available.

Classification85 %
SectorIndustrials
Industry groupElectrical Equipment
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
9,3 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning ARROWM.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to ARROWM.BK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Arrow Syndicate PCL (ARROWM.BK) is an electrical equipment manufacturer headquartered in Thailand. The company operates within the Industrials sector, specifically focusing on the production and sale of electrical equipment. It is primarily listed on the Stock Exchange of Thailand (SET). Detailed information regarding operating segments and geographic revenue mix is not available.

    Classification85 %
    SectorIndustrials
    Industry groupElectrical Equipment
    AI synthesis
    GENERATED

    Arrow Syndicate PCL maintains a conservative capital structure with a debt-to-equity ratio of 0.14 and a strong current ratio of 3.37, indicating ample short-term liquidity to meet obligations. The balance sheet shows total assets of 1,643,061,740 THB against total liabilities of 321,803,470 THB, resulting in total equity of 1,321,258,270 THB. Despite holding 177,419,320 THB in cash and equivalents, the company reports negative net cash position when total debt of 186,920,540 THB is considered, a key flag noted in the risk assessment. Operating cash flow stands at 173,799,820 THB, but free cash flow is negative at -75,415,490 THB due to capital expenditures of 161,345,180 THB, suggesting active investment in capacity or maintenance.

    Profitability metrics show a return on equity of 9.28% and a return on assets of 7.46%, reflecting efficient use of the asset base. The company generated a gross profit of 339,913,480 THB on revenue of 1,189,086,750 THB, yielding a gross margin of approximately 28.6%. Operating income was 180,426,420 THB, leading to a net income of 136,729,720 THB, which implies an operating margin of roughly 15.2% and a net margin of 11.5%. These returns are derived from a stable equity base without significant leverage, as indicated by the low debt-to-equity ratio.

    Key takeaways
    • Strong liquidity position with a current ratio of 3.37 and low leverage (debt-to-equity of 0.14).
    • Negative free cash flow of -75,415,490 THB driven by capital expenditures exceeding operating cash flow.
    • Solid profitability with 9.28% ROE and 7.46% ROA, supported by a 11.5% net margin.
    • Low dilution risk as basic and diluted share counts are identical.
    • Medium liquidity risk flagged due to negative net cash position despite high current assets.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 4

    Net income surged 39% year-over-year to THB 136.7 million, demonstrating strong profitability recovery despite revenue headwinds.

    Operating income jumped 42.7% to THB 180.4 million, indicating significant improvement in core operational efficiency and margins.

    Cash conversion ratio of 1.79 ranks best-in-class within the Electrical Equipment cohort, highlighting superior cash generation.

    Low dilution and credit risk flags suggest a stable capital structure with minimal threat to shareholder value or solvency.

    BEAR CASE · 3

    Free cash flow turned negative at THB -75.4 million, reversing previous positive trends and raising concerns about liquidity sustainability.

    Long-term debt more than doubled to THB 186.9 million, increasing leverage and potential interest expense burdens on the balance sheet.

    Medium liquidity risk flag suggests potential challenges in meeting short-term obligations, warranting caution regarding financial flexibility.

    In focus — financials by report

    Valuation FY

    Market price
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $1.32B
    Net cash
    -$9.5M
    Current ratio
    3.4
    Debt / equity
    0.1
    ROA
    7.5%
    ROE
    9.3%
    Cash conversion
    179.0%
    CapEx / revenue
    -1.1%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin12,3 %Above P75
    Net Margin9,6 %Above P75
    ROE9,3 %Above median
    Capex / Rev-1,1 %Above median
    D/E0,14Above median
    Cash Conv1,79Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Return On Assets
      net_income / total_assets
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    Source documents
    • Arrow Syndicate PCL Market data — financials · 2026-07-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    ARROWM.BKCanonical
    SET (Bangkok) · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage