Better World Green PCL

Better World Green PCL exhibits a low price-to-book ratio of 0.37 and a price-to-tangible-book ratio of 0.37, indicating a significant discount to its book value. The company's liquidity position is characterized by a current ratio of 2.31, suggesting adequate short-term liquidity, although its cash and equivalents are reported at -350 THB, indicating a negative cash position. The debt-to-equity ratio of 0.25 reflects a conservative capital structure, with long-term debt at 1143145800 THB compared to total equity of 4584974700 THB. The company's profitability is highlighted by a return on equity of 9.72% and a return on assets of 4.99%, which are strong relative to the industry's preferred metrics. The operating margin, calculated as operating income of 968756930 THB on revenue of 2734929240 THB, is 35.43%, indicating efficient cost management and operational performance. The gross margin of 29.21% (798836160 THB on revenue of 2734929240 THB) further supports this assessment. The company's revenue is distributed across five segments: Disposal waste, Transport, Power business, Construction, and Sell fuel waste. The Disposal waste segment is the largest contributor, with a significant portion of the company's revenue derived from this segment. The geographic exposure is primarily within Thailand, with no significant international operations reported. The company's growth trajectory is supported by a strong free cash flow of 652320210 THB and a capital expenditure of -626270190 THB, indicating a net cash outflow for capital investments. The operating cash flow of 933441730 THB supports the company's ability to fund operations and investments. The revenue outlook for the current fiscal year is positive, with a projected increase in revenue driven by expansion in the waste disposal and power generation segments. The risk assessment indicates a medium liquidity risk, primarily due to the negative net cash position after subtracting total debt. The dilution risk is assessed as low, with no significant dilution potential identified in the basic shares outstanding. The company's risk profile is further supported by a conservative debt-to-equity ratio and strong operating cash flow. Recent events include the company's focus on expanding its waste-to-energy capabilities and enhancing its industrial waste processing systems. The company has also been involved in consulting and analytical laboratory services, which are part of its broader environmental services portfolio. These developments are expected to contribute to the company's long-term growth and profitability.