SCB X Public Company Limited (SCB-R.BK) stock analysis

In our weekly check, SCB X Public Company Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 16 pass, warnings: 1, red flags: 8.

About SCB X Public Company Limited

SCB X Public Company Limited is a Financial Services company (Banks - Regional), listed on SET as SCB-R.BK.

What our checks show for SCB-R.BK

Red flags

• The net margin fell by 11 points over 5 years, to 21.8%: the company keeps less of each sale as profit.
• The gross margin fell by 34.5 points, to 65.5%: costs are rising faster than prices.
• Analysts expect revenue to shrink about 7.8% a year.
• The dividend takes 2500% of profit: little cushion if profit falls.
• The stock has fallen as much as 71% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 1.5%.

Warning signs

• The stock is still below its previous peak.

Strengths

• Operating cash flow is 1.43x net profit: the profit arrives as real cash.
• Analysts expect the net margin to improve by 6.4 points from today's 21.8%.
• Revenue grew 21.8% a year over the last 3 years.
• The company keeps 21.8% of its revenue as net profit.
• Free cash flow is 30.8% of revenue: cash for dividends, buybacks or growth.
• The price is 12.1 times earnings (P/E), reasonable for its growth.

Next earnings report: 2027-01-15

Similar companies

2388.HK · CPI.JO · SBK.JO · KBANK-R.BK · NDA-SE.ST

Questions

What grade does SCB X Public Company Limited (SCB-R.BK) have?

In our weekly check, SCB X Public Company Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 16 pass, warnings: 1, red flags: 8. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of SCB-R.BK stock?

This week's biggest flags for SCB X Public Company Limited: Margins falling, Gross margin falling, Weak revenue forecast. In total 9 of 25 checks show a warning or a red flag.

What does SCB X Public Company Limited do?

SCB X Public Company Limited is a Financial Services company (Banks - Regional), listed on SET as SCB-R.BK.

When does SCB X Public Company Limited report earnings next?

The next earnings report is expected on 2027-01-15. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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