Thai Metal Drum Manufacturing Public Company Limited

BK:TMD Thailand Packaging & Containers
Market Cap
$109.23 Million
฿3.79 Billion THB
Market Cap Rank
#22411 Global
#275 in Thailand
Share Price
฿25.25
Change (1 day)
+0.00%
52-Week Range
฿23.80 - ฿27.25
All Time High
฿27.25
Categories
Companies in Thailand Packaging & Containers
About

Thai Metal Drum Manufacturing Public Company Limited, together with its subsidiaries, manufactures and distributes metal drums and plastic products in Thailand and internationally. It operates through Productions and Sales of Metal Drums; Productions and Sales of Plastic Products; Rental Service and Income; and Others segments. The company also provides office buildings for rent, as well as opera… Read more

Thai Metal Drum Manufacturing Public Company Limited (TMD) - Net Assets

Latest net assets as of September 2025: ฿3.52 Billion THB

Based on the latest financial reports, Thai Metal Drum Manufacturing Public Company Limited (TMD) has net assets worth ฿3.52 Billion THB as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.79 Billion) and total liabilities (฿270.73 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets ฿3.52 Billion
% of Total Assets 92.86%
Annual Growth Rate 7.41%
5-Year Change 12.16%
10-Year Change 46.35%
Growth Volatility 6.2

Thai Metal Drum Manufacturing Public Company Limited - Net Assets Trend (2000–2024)

This chart illustrates how Thai Metal Drum Manufacturing Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Thai Metal Drum Manufacturing Public Company Limited (2000–2024)

The table below shows the annual net assets of Thai Metal Drum Manufacturing Public Company Limited from 2000 to 2024.

Year Net Assets Change
2024-12-31 ฿3.49 Billion +3.01%
2023-12-31 ฿3.38 Billion +0.28%
2022-12-31 ฿3.37 Billion +3.02%
2021-12-31 ฿3.28 Billion +5.40%
2020-12-31 ฿3.11 Billion +7.88%
2019-12-31 ฿2.88 Billion +1.06%
2018-12-31 ฿2.85 Billion +7.58%
2017-12-31 ฿2.65 Billion +4.32%
2016-12-31 ฿2.54 Billion +6.66%
2015-12-31 ฿2.38 Billion +7.48%
2014-12-31 ฿2.22 Billion +14.70%
2013-12-31 ฿1.93 Billion +1.45%
2012-12-31 ฿1.90 Billion +16.52%
2011-12-31 ฿1.63 Billion -2.00%
2010-12-31 ฿1.67 Billion +9.47%
2009-12-31 ฿1.52 Billion +8.16%
2008-12-31 ฿1.41 Billion +7.10%
2007-12-31 ฿1.32 Billion +7.48%
2006-12-31 ฿1.22 Billion +1.71%
2005-12-31 ฿1.20 Billion +23.99%
2004-12-31 ฿970.14 Million +10.68%
2003-12-31 ฿876.56 Million +8.94%
2002-12-31 ฿804.65 Million +21.18%
2001-12-31 ฿663.99 Million +5.89%
2000-12-31 ฿627.03 Million --

Equity Component Analysis

This analysis shows how different components contribute to Thai Metal Drum Manufacturing Public Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 247815606000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿2.48 Billion 76.51%
Common Stock ฿150.00 Million 4.63%
Other Comprehensive Income ฿15.00 Million 0.46%
Other Components ฿596.02 Million 18.40%
Total Equity ฿3.24 Billion 100.00%

Thai Metal Drum Manufacturing Public Company Limited Competitors by Market Cap

The table below lists competitors of Thai Metal Drum Manufacturing Public Company Limited ranked by their market capitalization.

Company Market Cap
Omega Oil & Gas Ltd
AU:OMA
 		$38.89 Million
DP Aircraft I Limited
LSE:DPA
 		$38.90 Million
Lument Finance Trust Inc
NYSE:LFT
 		$38.90 Million
Alpha Pro Tech Ltd
NYSE MKT:APT
 		$38.91 Million
Pan-Pacific
KO:007980
 		$38.87 Million
Forge Resources Corp.
OTCQB:FRGGF
 		$38.87 Million
Unibios Holdings S.A
AT:BIOSK
 		$38.86 Million
Neogrid Participações S.A
SA:NGRD3
 		$38.85 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Thai Metal Drum Manufacturing Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,142,196,658 to 3,239,178,613, a change of 96,981,955 (3.1%).
  • Net income of 330,669,923 contributed positively to equity growth.
  • Dividend payments of 248,800,140 reduced retained earnings.
  • Other comprehensive income decreased equity by 212,801,275.
  • Other factors increased equity by 227,913,447.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿330.67 Million +10.21%
Dividends Paid ฿248.80 Million -7.68%
Other Comprehensive Income ฿-212.80 Million -6.57%
Other Changes ฿227.91 Million +7.04%
Total Change ฿- 3.09%

Book Value vs Market Value Analysis

This analysis compares Thai Metal Drum Manufacturing Public Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.17x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 3.33x to 1.17x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 ฿7.59 ฿25.25 x
2007-12-31 ฿8.19 ฿25.25 x
2008-12-31 ฿8.77 ฿25.25 x
2009-12-31 ฿9.47 ฿25.25 x
2010-12-31 ฿10.34 ฿25.25 x
2011-12-31 ฿10.09 ฿25.25 x
2012-12-31 ฿11.71 ฿25.25 x
2013-12-31 ฿11.81 ฿25.25 x
2014-12-31 ฿13.55 ฿25.25 x
2015-12-31 ฿14.55 ฿25.25 x
2016-12-31 ฿15.58 ฿25.25 x
2017-12-31 ฿16.30 ฿25.25 x
2018-12-31 ฿17.63 ฿25.25 x
2019-12-31 ฿17.72 ฿25.25 x
2020-12-31 ฿19.18 ฿25.25 x
2021-12-31 ฿20.26 ฿25.25 x
2022-12-31 ฿20.90 ฿25.25 x
2023-12-31 ฿20.95 ฿25.25 x
2024-12-31 ฿21.59 ฿25.25 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Thai Metal Drum Manufacturing Public Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 10.21%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.93%
  • • Asset Turnover: 0.49x
  • • Equity Multiplier: 1.16x
  • Recent ROE (10.21%) is below the historical average (12.17%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 8.78% 7.32% 0.75x 1.59x ฿-7.64 Million
2002 9.89% 8.76% 0.85x 1.32x ฿-797.80K
2003 14.51% 11.73% 0.95x 1.30x ฿37.25 Million
2004 16.87% 10.99% 1.10x 1.39x ฿62.39 Million
2005 9.86% 8.39% 0.93x 1.27x ฿-1.59 Million
2006 11.56% 9.02% 0.98x 1.31x ฿17.76 Million
2007 11.70% 10.75% 0.90x 1.21x ฿20.91 Million
2008 11.69% 10.19% 0.99x 1.16x ฿22.26 Million
2009 11.33% 11.38% 0.86x 1.16x ฿18.85 Million
2010 9.34% 8.97% 0.90x 1.16x ฿-10.21 Million
2011 13.04% 11.48% 0.96x 1.18x ฿46.03 Million
2012 17.74% 15.37% 0.97x 1.19x ฿135.98 Million
2013 15.72% 14.94% 0.86x 1.23x ฿101.25 Million
2014 13.22% 13.97% 0.77x 1.23x ฿65.38 Million
2015 13.46% 15.47% 0.72x 1.21x ฿75.53 Million
2016 13.39% 16.11% 0.69x 1.20x ฿79.17 Million
2017 11.61% 14.20% 0.68x 1.20x ฿39.32 Million
2018 12.70% 16.63% 0.65x 1.18x ฿71.50 Million
2019 12.40% 16.22% 0.64x 1.19x ฿63.78 Million
2020 11.00% 18.52% 0.51x 1.17x ฿28.78 Million
2021 12.17% 16.53% 0.63x 1.17x ฿66.07 Million
2022 9.94% 13.95% 0.61x 1.17x ฿-1.91 Million
2023 10.00% 17.59% 0.49x 1.16x ฿122.80K
2024 10.21% 17.93% 0.49x 1.16x ฿6.75 Million

Industry Comparison

This section compares Thai Metal Drum Manufacturing Public Company Limited's net assets metrics with peer companies in the Packaging & Containers industry.

Industry Context

  • Industry: Packaging & Containers
  • Average net assets among peers: $18,176,686,362
  • Average return on equity (ROE) among peers: 10.96%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Thai Metal Drum Manufacturing Public Company Limited (TMD) ฿3.52 Billion 8.78% 0.08x $38.89 Million
A.J. Plast Public Company Limited (AJ) $4.49 Billion -8.17% 2.18x $16.76 Million
BG Container Glass Public Company Limited (BGC) $5.49 Billion 9.54% 2.41x $20.50 Million
Crown Seal Public Company Limited (CSC) $3.09 Billion 8.09% 0.19x $21.57 Million
Multibax Public Company Limited (MBAX) $145.76 Million 53.71% 4.54x $5.52 Million
NEP Realty and Industry Public Company Limited (NEP) $814.10 Million 9.96% 1.69x $4.02 Million
Prodigy Public Company Limited (PDG) $594.82 Million 4.86% 0.18x $9.16 Million
Panjawattana Plastic Public Company Limited (PJW) $1.10 Billion 10.43% 1.61x $19.20 Million
PMC LABEL MATERIALS PUBLIC COMPANY LIMITED (PMC) $547.95 Million 7.39% 0.94x $2.85 Million
SCG Packaging Public Company Limited (SCGP) $109.84 Billion 5.88% 0.57x $553.20 Million
SCG PACKAGING PCL-NVDR (SCGP-R) $55.65 Billion 7.95% 0.64x $544.28 Million