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PL.BK — SET (Bangkok) Diversified Aerospace & Defense

Pl.Bk

$1,25
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THB
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Last 30 days
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Mcap
745,6M THB
P/E
—
EV / Rev
—
Div yield
4,70 %
Op margin
22,4 %
ROE
2,0 %
Net margin
3,1 %
Debt / equity
2,75
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
—
Open
—
Next earnings
2026-08-28
Ex-dividend
—
TR 1Y
—
About

PL.BK operates in the banking sector, providing consumer lending services and generating revenue primarily through interest income and fees from its loan portfolio.

Business. PL.BK operates in the banking sector, providing consumer lending services and generating revenue primarily through interest income and fees from its loan portfolio.

Classification99 %
SectorIndustrials
Industry groupDiversified Aerospace & Defense
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
  • EarningsQ2 2026 earnings (expected)2026-08-28 · estimated
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership→
American Century Investment Management, Inc.
largest disclosed fund holder
Profitability→
2,0 %
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 PL.

    • 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 PL.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.

    • Company
    • EarningsQ2 2026 earnings (expected)2026-08-28 · estimated
    • 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

    PL.BK operates in the banking sector, providing consumer lending services and generating revenue primarily through interest income and fees from its loan portfolio.

    Classification99 %
    SectorIndustrials
    Industry groupDiversified Aerospace & Defense
    AI synthesis
    GENERATED

    PL.BK's capital structure is highly leveraged, with a debt-to-equity ratio of 2.75, indicating a significant reliance on debt financing. The company's liquidity position is constrained, as evidenced by a current ratio of 0.44, which is below 1, suggesting that it may struggle to meet short-term obligations without additional financing. The price-to-book ratio of 0.24 and price-to-tangible-book ratio of 0.24 further indicate that the company's market value is significantly below its book value, potentially signaling undervaluation or asset impairment.

    Profitability metrics for PL.BK are weak compared to industry norms. The company's return on equity (ROE) of 2.01% and return on assets (ROA) of 0.52% are below the typical thresholds for financial institutions, which often aim for ROE above 10% and ROA above 1%. The net income of 61.44 million THB is modest relative to the company's total assets of 11.84 billion THB, indicating low asset utilization efficiency.

    The company's revenue is concentrated in its core consumer lending business, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic downturns and regulatory changes in its primary market. The absence of segment-specific revenue data limits the ability to assess the performance of individual business lines.

    PL.BK's growth trajectory appears to be modest, with no significant revenue growth reported in the latest financial period. The company's operating income of 438.93 million THB and net income of 61.44 million THB suggest stable but not robust performance. The outlook for the current fiscal year does not indicate a substantial increase in revenue or profitability, and the company's capital expenditure of -22.07 million THB suggests a reduction in investment.

    The risk assessment for PL.BK highlights medium liquidity risk and low dilution risk. The company's net cash position is negative after subtracting total debt, which could necessitate additional financing. The dilution risk is low, as the number of shares outstanding has not changed between basic and diluted shares, indicating no imminent threat from share issuance.

    Recent events and filings do not indicate any major operational or financial disruptions for PL.BK. The company's latest actual EPS of 0.46 THB and revenue of 1.62 billion THB align with its reported financial performance, suggesting consistent operations. No significant regulatory or legal issues have been disclosed in the latest filings.

    Key takeaways
    • PL.BK is a consumer lending bank with a highly leveraged capital structure and weak profitability metrics.
    • The company's liquidity position is constrained, with a current ratio below 1 and a negative net cash position.
    • Revenue is concentrated in a single business line, increasing exposure to regional economic and regulatory risks.
    • Growth appears to be modest, with no significant increases in revenue or profitability in the latest financial period.
    • The company's market valuation is significantly below its book value, suggesting potential undervaluation or asset impairment.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $1,25
    Market cap
    $745.6M
    Enterprise valueⓘ
    $9.08B
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    8.5x
    P / Bⓘ
    0.2x
    P / Tangible bookⓘ
    0.2x
    Tangible book
    $3.06B
    Net cashⓘ
    -$8.34B
    Current ratioⓘ
    0.4
    Debt / equityⓘ
    2.8
    ROAⓘ
    0.5%
    ROEⓘ
    2.0%
    Cash conversionⓘ
    1736.0%
    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

    Corporate eventM&A horizon
    M&A probabilityconf 3 %
    Probability
    3 %
    Base rate
    3 %
    Band
    —
    180-day horizon · target 2027-01-21 · 1,0× base rate
    No acquirer candidates identified by the signal model.
    Probabilistic model output — not investment advice. · generated 2026-07-25

    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 Margin22,4 %Above P75
    Net Margin3,1 %Above median
    ROE2,0 %Below median
    Capex / Rev-1,1 %Above median
    D/E2,75Bottom quartile
    Cash Conv17,36Best in class

    Corporate actions / M&A

    M&A probabilityconf —
    Probability
    3 %
    Base rate
    3 %
    Band
    Low
    180-day horizon · target 2027-01-21 · 1,0× base rate
    No acquirer candidates identified by the signal model.
    Corporate actionsNo corporate-action source connected yet — splits, dividends and buyback events are not tracked for this company. Honest-dim (no data fabricated).

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net disposed 262 262 sh11 exercises5 insiders
    • Brennan Ita MDirector · Earnout - Class A Shares → Class A Common StockDisposed 423exercise · 2026-02-03
    • BASS CARLDirector · Earnout - Class A Shares → Class A Common StockDisposed 19 916exercise · 2026-02-03
    • Marshall William SpencerDirector, Co-Founder and CEO · Class B Common Stock → Class A Common StockAcquired 292 027exercise · 2026-02-03
    • Marshall William SpencerDirector, Co-Founder and CEO · Earnout - Class B Shares → Class B Common StockDisposed 292 027exercise · 2026-02-03
    • Marshall William SpencerDirector, Co-Founder and CEO · Earnout - Class A Shares → Class A Common StockDisposed 123 900exercise · 2026-02-03
    • Schingler Robert HDirector, Co-Founder Chief Strategy Off. · Class B Common Stock → Class A Common StockAcquired 292 027exercise · 2026-02-03
    • Schingler Robert HDirector, Co-Founder Chief Strategy Off. · Earnout - Class B Shares → Class B Common StockDisposed 292 027exercise · 2026-02-03
    • Schingler Robert HDirector, Co-Founder Chief Strategy Off. · Earnout - Class A Shares → Class A Common StockDisposed 36 369exercise · 2026-02-03
    • Johnson Ashley F.President & CFO · Earnout - Class A Shares → Class A Common StockDisposed 61 317exercise · 2026-02-03
    • Brennan Ita MDirector · Earnout - Class A Shares → Class A Common StockDisposed 423exercise · 2026-01-21
    • BASS CARLDirector · Earnout - Class A Shares → Class A Common StockDisposed 19 914exercise · 2026-01-21

    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
    • PL.BK Market data — financials · 2026-05-29
    • Phatra Leasing PCL Market data — analyst estimates · 2026-05-29

    Ownership & reference

    Top holders

    • American Century Investment Management, Inc.Investment Managers · as of 2026-03-310,08 %$162M
    • Arrowstreet Capital, Limited PartnershipInvestment Managers · as of 2026-03-310,03 %$54M
    • AllianceBernstein L.P.Investment Managers · as of 2026-03-310,03 %$80M
    • Dimensional Fund Advisors, L.P.Investment Managers · as of 2026-03-310,02 %$112M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2026-03-310,02 %$174M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,02 %$101M
    • Invesco QQQ TrustFunds · as of 2026-03-310,01 %$92M
    • First Trust Advisors L.P.Investment Managers · as of 2026-03-310,01 %$18M
    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,01 %$183M
    • Charles Schwab Investment Management, Inc.Investment Managers · as of 2026-03-310,01 %$64M
    • Northern Trust Investments, Inc.Investment Managers · as of 2026-03-310,01 %$65M
    • Principal Global Investors (Equity)Investment Managers · as of 2026-03-310,01 %$16M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,01 %$192M
    • Vanguard Capital Management, LLCInvestment Managers · as of 2025-12-310,01 %$382M
    • Bank of New York Mellon CorpInstitutional Investor · as of 2026-03-310,00 %$27M
    • FMR LLCInstitutional Investor · as of 2026-03-310,00 %$89M
    • AQR Capital Management, LLCInvestment Managers · as of 2026-03-310,00 %$10M
    • T. Rowe Price Associates, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • LPL Financial LLCInvestment Managers · as of 2026-03-310,00 %$10M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$41M
    • Victory Capital Management Inc.Investment Managers · as of 2026-03-310,00 %$3M
    • Raymond James & Associates, Inc.Brokerage Firms · as of 2026-03-310,00 %$6M
    • JANUS HENDERSON GROUP PLCInstitutional Investor · as of 2026-03-310,00 %$3M
    • Wellington Management Company, LLPInvestment Managers · as of 2026-03-310,00 %$6M
    • Franklin Advisers, Inc.Investment Managers · as of 2026-03-310,00 %$4M
    • Wells Fargo AdvisorsBrokerage Firms · as of 2026-03-310,00 %$4M
    • PNC Investments LLCInvestment Managers · as of 2026-03-310,00 %$1M
    • Nuveen LLCInvestment Managers · as of 2024-12-310,00 %$2M
    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2024-06-300,00 %$23M
    • AMERIPRISE FINANCIAL INCInstitutional Investor · as of 2026-03-310,00 %$1M
    • Jennison Associates LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • JONES FINANCIAL COMPANIES LLLPInstitutional Investor · as of 2026-03-310,00 %$1M
    • PNC Investments LLCInvestment Managers · as of 2026-03-310,00 %$0M

    Insider activity

    Net selling1 buys · 16 sellsnet -$31,1M10 insiders · last 365d
    • Johnson Ashley F.President & CFO · Class A Common StockOther 70 767 · 2026-07-23
    • Johnson Ashley F.President & CFO · Class A Common StockSold 75 035 @ $22,08$1,7M · 2026-07-23
    • Johnson Ashley F.President & CFO · Class A Common StockSold 34 993 @ $22,08$773K · 2026-07-23
    • Robinson KristenDirector · Class A Common StockSold 37 107 @ $25,05$930K · 2026-07-15
    • Robinson KristenDirector · Class A Common StockOther 37 107 · 2026-07-15
    • Raymond John wDirector · Class A Common StockSold 6 494 @ $26,16$170K · 2026-07-13
    • Raymond John wDirector · Class A Common StockOther 43 608 · 2026-07-13
    • Schingler Robert HDirector, Co-Founder Chief Strategy Off. · Class A Common StockSold 64 593 @ $25,92$1,7M · 2026-07-10
    • Marshall William SpencerDirector, Co-Founder and CEO · Class A Common StockSold 200 000 @ $25,92$5,2M · 2026-07-10
    • Schingler Robert HDirector, Co-Founder Chief Strategy Off. · Class A Common StockSold 25 000 @ $25,92$648K · 2026-07-10
    • Reese ScottDirector · Class A Common StockOther 2 160 · 2026-07-09
    • SMITH GARY BDirector · Class A Common StockOther 6 479 · 2026-07-09
    • SMITH GARY BDirector · Class A Common StockOther 2 160 · 2026-07-09
    • Robinson KristenDirector · Class A Common StockOther 6 479 · 2026-07-09
    • Reese ScottDirector · Class A Common StockOther 6 479 · 2026-07-09
    • Raymond John wDirector · Class A Common StockOther 6 479 · 2026-07-09
    • Gadde VijayaDirector · Class A Common StockOther 6 479 · 2026-07-09
    • Brennan Ita MDirector · Class A Common StockOther 6 479 · 2026-07-09
    • Brennan Ita MDirector · Class A Common StockOther 2 736 · 2026-07-09
    • BASS CARLDirector · Class A Common StockOther 6 479 · 2026-07-09
    • BASS CARLDirector · Class A Common StockOther 2 880 · 2026-07-09
    • Brennan Ita MDirector · Class A Common StockSold 11 500 @ $33,00$379K · 2026-07-01
    • Schingler Robert HDirector, Co-Founder Chief Strategy Off. · Class A Common StockOther 54 116 @ $30,58$1,7M · 2026-06-15
    • Marshall William SpencerDirector, Co-Founder and CEO · Class A Common StockOther 134 641 @ $30,58$4,1M · 2026-06-15
    • Johnson Ashley F.President & CFO · Class A Common StockOther 91 530 @ $30,58$2,8M · 2026-06-15

    Short positioning

    32.4Mshares short-14.1% vs prior
    4.04days to cover
    33.7%short of daily vol
    12.9Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

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

    Intel & risk

    PredictorM&A prob3 %Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    • Gross profit (YoY) (2026-01-31 vs 2025-01-31): 23.4%Derived (calculated)
    • Cash & equivalents (YoY) (2026-01-31 vs 2025-01-31): 94.4%Derived (calculated)
    • Total liabilities (YoY) (2026-01-31 vs 2025-01-31): 397.2%Derived (calculated)
    • Total assets (YoY) (2026-01-31 vs 2025-01-31): 80.8%Derived (calculated)
    • Shareholders' equity (YoY) (2026-01-31 vs 2025-01-31): -57.3%Derived (calculated)
    • Revenue (YoY) (2026-01-31 vs 2025-01-31): 25.9%Derived (calculated)
    • R&D expense (YoY) (2026-01-31 vs 2025-01-31): 5.7%Derived (calculated)
    • Operating income (YoY) (2026-01-31 vs 2025-01-31): 18.1%Derived (calculated)
    • EPS (basic) (YoY) (2026-01-31 vs 2025-01-31): -90.5%Derived (calculated)
    • Cost of revenue (YoY) (2026-01-31 vs 2025-01-31): 29.3%Derived (calculated)
    • EPS (diluted) (YoY) (2026-01-31 vs 2025-01-31): -90.5%Derived (calculated)
    • Net margin (FY 2026-01-31): -80.2%Derived (calculated)
    • Gross margin (FY 2026-01-31): 56.1%Derived (calculated)
    • Return on equity (FY 2026-01-31): -131.0%Derived (calculated)
    • Return on assets (FY 2026-01-31): -21.5%Derived (calculated)
    • Current ratio (FY 2026-01-31): 1.65xDerived (calculated)
    • Debt-to-equity (FY 2026-01-31): 5.08xDerived (calculated)
    • Operating cash flow (YoY) (2026-01-31 vs 2025-01-31): 1,034.8%Derived (calculated)
    • Net income (YoY) (2026-01-31 vs 2025-01-31): -100.4%Derived (calculated)
    • Capex (YoY) (2026-01-31 vs 2025-01-31): 73.2%Derived (calculated)
    • Current liabilities (annual): USD 469.45MSEC XBRL filing
    • Current assets (annual): USD 775.36MSEC XBRL filing
    • Operating cash flow (annual): USD 134.36MSEC XBRL filing
    • R&D expense (annual): USD 106.75MSEC XBRL filing
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-08-28EVENTUpcomingQ2 2026 earnings (expected) estimated date
    2026-07-23INSIDERJohnson Ashley F. transacted 70.8k sh Class A Common Stock — President & CFO
    2026-07-23INSIDERJohnson Ashley F. sold 75.0k sh Class A Common Stock — President & CFO ~$1.66M
    2026-07-23INSIDERJohnson Ashley F. sold 35.0k sh Class A Common Stock — President & CFO ~$773k
    2026-07-15INSIDERRobinson Kristen sold 37.1k sh Class A Common Stock — Director ~$930k
    2026-07-15INSIDERRobinson Kristen transacted 37.1k sh Class A Common Stock — Director
    2026-07-13INSIDERRaymond John w sold 6.5k sh Class A Common Stock — Director ~$170k
    2026-07-13INSIDERRaymond John w transacted 43.6k sh Class A Common Stock — Director
    2026-07-10INSIDERSchingler Robert H sold 64.6k sh Class A Common Stock — Director, Co-Founder Chief Strategy Off. ~$1.67M
    2026-07-10INSIDERMarshall William Spencer sold 200.0k sh Class A Common Stock — Director, Co-Founder and CEO ~$5.18M
    2026-07-10INSIDERSchingler Robert H sold 25.0k sh Class A Common Stock — Director, Co-Founder Chief Strategy Off. ~$648k
    2026-07-09INSIDERReese Scott transacted 2.2k sh Class A Common Stock — Director
    2026-07-09INSIDERSMITH GARY B transacted 6.5k sh Class A Common Stock — Director
    2026-07-09INSIDERSMITH GARY B transacted 2.2k sh Class A Common Stock — Director
    2026-07-09INSIDERRobinson Kristen transacted 6.5k sh Class A Common Stock — Director
    2026-07-09INSIDERReese Scott transacted 6.5k sh Class A Common Stock — Director
    2026-07-09INSIDERRaymond John w transacted 6.5k sh Class A Common Stock — Director
    2026-07-09INSIDERGadde Vijaya transacted 6.5k sh Class A Common Stock — Director
    2026-07-09INSIDERBrennan Ita M transacted 6.5k sh Class A Common Stock — Director
    2026-07-09INSIDERBrennan Ita M transacted 2.7k sh Class A Common Stock — Director
    2026-07-09INSIDERBASS CARL transacted 6.5k sh Class A Common Stock — Director
    2026-07-09INSIDERBASS CARL transacted 2.9k sh Class A Common Stock — Director
    2026-07-01INSIDERBrennan Ita M sold 11.5k sh Class A Common Stock — Director ~$379k
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: ma_probability (180d)
    2026-06-26 03:13 UTCHOLDERInstitutional holding changed
    2026-06-26 03:13 UTCHOLDER1 institutional position change flagged (1 major)
    2026-06-25 03:10 UTCHOLDERInstitutional holding changed
    2026-06-25 03:10 UTCHOLDER1 institutional position change flagged (1 major)
    2026-06-15 00:00 UTCINSIDER3 insider transactions — 2026-06 · net sell $8.6M
    2026-06-15INSIDERSchingler Robert H transacted 54.1k sh Class A Common Stock — Director, Co-Founder Chief Strategy Off. ~$1.65M
    2026-06-15INSIDERMarshall William Spencer transacted 134.6k sh Class A Common Stock — Director, Co-Founder and CEO ~$4.12M
    2026-06-15INSIDERJohnson Ashley F. transacted 91.5k sh Class A Common Stock — President & CFO ~$2.80M
    2026-06-05FILING8-K filing →
    2026-06-05FILING424B5 filing →
    2026-06-05FILING10-Q filing →
    2026-06-04FILING8-K filing →
    2026-05-27FILINGDEF 14A filing →
    2026-05-04FILING8-K filing →
    2026-05-01 09:58 UTCFILINGRegulatory filing →
    2026-04-22 00:00 UTCINSIDER8 insider transactions — 2026-04 · net sell $17.9M
    Showing the 40 most recent of 62 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    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