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ASEFA.BK — SET (Bangkok) Electrical Components & Equipment

Asefa.Bk

$4,38
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THB
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Mcap
2,4B THB
P/E
—
EV / Rev
—
Div yield
8,37 %
Op margin
9,4 %
ROE
11,1 %
Net margin
6,6 %
Debt / equity
0,49
Beta
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52w range
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Volume
—
Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

ASEFA.BK is a manufacturer and distributor of electrical components and equipment, primarily serving the industrial goods sector.

Business. ASEFA.BK is a manufacturer and distributor of electrical components and equipment, primarily serving the industrial goods sector.

Classification92 %
SectorIndustrials
Business sectorIndustrial Goods
IndustryElectrical Components & Equipment
ActivityIndustrial Goods
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→
11,1 %
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 ASEFA.

    • 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 ASEFA.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

    ASEFA.BK is a manufacturer and distributor of electrical components and equipment, primarily serving the industrial goods sector.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial Goods
    IndustryElectrical Components & Equipment
    ActivityIndustrial Goods
    AI synthesis
    GENERATED

    ASEFA.BK maintains a liquidity position with a current ratio of 1.13 and a price-to-book ratio of 1.4, indicating a moderate level of leverage and asset valuation. The company's cash and equivalents amount to 485.3 million THB, while its long-term debt stands at 964.5 million THB, resulting in a net cash position that is negative after subtracting total debt.

    Profitability metrics show a return on equity of 11.05% and a return on assets of 4.93%, which are in line with the industry's preferred metrics for electrical components and equipment. The company's operating income of 312.5 million THB and net income of 219.2 million THB reflect a healthy margin, although the gross profit margin of 24.86% (822.0 million THB on 3,306.4 million THB revenue) is a key area to monitor for sustainability.

    The company's revenue is concentrated in the industrial goods sector, with no disclosed geographic diversification. This concentration may pose a risk if demand in the industrial goods sector declines. The company's revenue of 3,306.4 million THB is derived from a single primary business activity, which is the production and distribution of electrical components and equipment.

    Looking ahead, the company is projected to maintain a stable growth trajectory, with a revenue outlook that aligns with the industry's median growth rate. The capital expenditure of -175.4 million THB indicates a reduction in investment, which may affect future growth potential. The company's free cash flow of 53.0 million THB is relatively low, suggesting that the company may need to seek additional financing for expansion.

    The risk assessment for ASEFA.BK indicates a medium liquidity risk and a low dilution risk. The company's debt-to-equity ratio of 0.49 suggests a balanced capital structure, but the negative net cash position after subtracting total debt is a concern. The company has not indicated any dilution potential in the near term, and the risk assessment does not highlight any significant regulatory or geopolitical risks.

    Recent events, as reflected in the financial snapshot, show that the company's last actual revenue was 3,020.8 million THB, which is slightly below the reported revenue of 3,306.4 million THB. This discrepancy may indicate a need for further analysis to understand the factors contributing to the difference in revenue figures.

    Key takeaways
    • ASEFA.BK has a balanced capital structure with a debt-to-equity ratio of 0.49.
    • The company's return on equity of 11.05% is in line with industry standards.
    • Revenue is concentrated in the industrial goods sector, with no geographic diversification.
    • The company's free cash flow is relatively low, which may limit its ability to fund expansion.
    • The risk assessment indicates a medium liquidity risk and a low dilution risk.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $4,38
    Market cap
    $2.78B
    Enterprise valueⓘ
    $3.26B
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    5.5x
    P / Bⓘ
    1.4x
    P / Tangible bookⓘ
    1.4x
    Tangible book
    $1.98B
    Net cashⓘ
    -$479.2M
    Current ratioⓘ
    1.1
    Debt / equityⓘ
    0.5
    ROAⓘ
    4.9%
    ROEⓘ
    11.1%
    Cash conversionⓘ
    272.0%
    CapEx / revenueⓘ
    -5.3%
    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 Margin9,4 %Above median
    Net Margin6,6 %Above median
    ROE11,1 %Above P75
    Capex / Rev-5,3 %Below median
    D/E0,49Below median
    Cash Conv2,72Above P75

    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
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • ASEFA.BK Market data — financials · 2026-05-27
    • Asefa PCL Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

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

    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 Premium coverage