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SMARTM.BK — SET (Bangkok) Construction Materials

Smartm.Bk

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Mcap
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P/E
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EV / Rev
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Div yield
12,05 %
Op margin
9,1 %
ROE
5,0 %
Net margin
7,6 %
Debt / equity
0,03
Beta
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52w range
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Volume
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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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About

SMARTM.BK operates in the construction materials industry, primarily engaged in the production and distribution of cement and related building materials, generating revenue through sales to construction and infrastructure projects.

Business. SMARTM.BK operates in the construction materials industry, primarily engaged in the production and distribution of cement and related building materials, generating revenue through sales to construction and infrastructure projects.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryConstruction Materials
ActivityMineral Resources
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
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not yet scored
Valuation
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valuation pending
Analysts
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not yet wired
Ownership
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not yet wired
Profitability→
5,0 %
return on equity
Quality
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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 SMARTM.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+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−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to SMARTM.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

    SMARTM.BK operates in the construction materials industry, primarily engaged in the production and distribution of cement and related building materials, generating revenue through sales to construction and infrastructure projects.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryConstruction Materials
    ActivityMineral Resources
    AI synthesis
    GENERATED

    SMARTM.BK maintains a strong liquidity position, with a current ratio of 7.31 and cash and equivalents amounting to 251.99 million THB, indicating a robust ability to meet short-term obligations. The company's debt-to-equity ratio is 0.03, suggesting a conservative capital structure with minimal reliance on debt financing. Despite a positive operating cash flow of 82.72 million THB, the company reported a negative free cash flow of -10.14 million THB, primarily due to capital expenditures of -30.46 million THB.

    In terms of profitability, SMARTM.BK's return on equity (ROE) is 5.03%, and its return on assets (ROA) is 4.4%, both of which are below the industry median for construction materials firms. This suggests that the company is underperforming relative to its peers in terms of asset utilization and shareholder returns.

    The company's revenue is concentrated in the construction materials segment, with no disclosed geographic diversification. This concentration may expose the company to regional economic fluctuations and demand volatility in the construction sector.

    SMARTM.BK's growth trajectory is constrained by its negative free cash flow and limited capital expenditures, which may hinder long-term expansion. The company's operating income of 38.69 million THB and net income of 32.30 million THB indicate modest profitability, with no significant growth in recent periods.

    The company's risk profile is characterized by low liquidity and dilution risks, with no immediate filing-based flags detected. However, the negative free cash flow and capital expenditures suggest potential future liquidity pressures if cash generation does not improve.

    Recent filings and transcripts do not indicate any material events or strategic shifts that would significantly impact the company's operations or financial performance in the near term.

    Key takeaways
    • SMARTM.BK has a strong liquidity position with a high current ratio and substantial cash reserves.
    • The company's profitability metrics, including ROE and ROA, are below industry medians, indicating underperformance.
    • Revenue is concentrated in a single segment, exposing the company to sector-specific risks.
    • Negative free cash flow and capital expenditures may limit long-term growth and expansion.
    • The company's risk profile is currently low, with no immediate liquidity or dilution concerns.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
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    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
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    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    $641.6M
    Net cashⓘ
    $229.6M
    Current ratioⓘ
    7.3
    Debt / equityⓘ
    0.0
    ROAⓘ
    4.4%
    ROEⓘ
    5.0%
    Cash conversionⓘ
    256.0%
    CapEx / revenueⓘ
    -7.1%
    SBC / revenueⓘ
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    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 riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin9,1 %Above median
    Net Margin7,6 %Above median
    ROE5,0 %Above median
    Capex / Rev-7,1 %Below median
    D/E0,03Above P75
    Cash Conv2,56Above 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
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • SMARTM.BK Market data — financials · 2026-05-29

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

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

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    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