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Wice Logistics Public Company Limited (WICE.BK)

THB3.44 -0.18 (-4.97%)
TH SET Industrials Integrated Freight & Logistics
Address 88/8 Nonsee Road 10120
Bangkok, TH
CEO Araya Kongsoonthorn
Website wice.co.th
IPO 2015-07-28
ISIN TH6651010006

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Description

Wice Logistics Public Company Limited, established in 1993 and based in Bangkok, Thailand, operates as a comprehensive logistics provider, facilitating both domestic and international trade. The company delivers a wide array of freight and supply chain solutions, addressing import and export requirements. Its principal services include orchestrating air and sea cargo shipments, offering options like full container load (FCL) and less than container load (LCL) for ocean transport. Wice also manages customs brokerage, providing specialized advice on duties, and offers efficient inland transportation services that deploy various vehicle types, from trailers to minivans, to move goods from origin to port. Additional competencies encompass cross-border and multimodal transportation, alongside warehousing for storage and inventory management. The company structures its operations into distinct segments: Sea Freight, Air Freight, Cross Border Service, and Service Supply Chain Solutions. Notably, Wice Logistics adopted its current name in April 2015, having previously operated as Wice Freight Services (Thailand) Company Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
THB3.44 -0.18 (-4.97%)
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Volume Profile
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Liquidity & share structure
Average Volume
701.1K
Beta
0.78
Float Shares
295.42M
Free Float %
46.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.68% -1.63% +2.54% -9.02% +0.00% +6.14% -36.65% -69.17% -68.16% -15.38% -36.98%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
3.44
DCF (Unlevered) 5.45 +58.5%
DCF (Levered) 4.17 +21.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.04
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Integrated Freight & Logistics: +6.5%
    +13.6% Q1'26: +23.7% (vs Q1'25)
  • EPS growth Integrated Freight & Logistics: +7.1%
    +26.7% Q1'26: -65.0% (vs Q1'25)
  • FCF margin FCF growth · Integrated Freight & Logistics: +60.0%
    +4.7% Q1'26: +2.1% (vs Q1'25)
  • EBIT margin Integrated Freight & Logistics: +6.9%
    +2.2% Q1'26: +1.5% (vs Q1'25)
  • ROIC Integrated Freight & Logistics: +6.4%
    +5.8% Q1'26: +4.0% (vs Q1'25)
  • Share dilution Integrated Freight & Logistics: +0.1%
    +0.0% Q1'26: -1.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Integrated Freight & Logistics: 0.95×
    1.73× Q1'26: 1.16× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.84) × ERP
WACC = 77% × Ke + 23% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 5.53 Current price: 3.44
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
681.53M
est: 808.00M (-15.7%)
1.02B
est: 936.00M (+9.2%)
1.40B
est: 1.45B (-3.6%)
1.83B
est: 1.81B (+1.4%)
2.22B
est: 2.29B (-2.9%)
4.00B
est: 3.72B (+7.5%)
7.64B
est: 7.68B (-0.6%)
7.10B
est: 7.91B (-10.2%)
3.80B
est: 3.87B (-1.9%)
4.10B
est: 4.64B (-11.7%)
4.66B
est: 4.80B (-3.0%)
5.56B
5.56B – 5.56B
+15.8% YoY
4.07B
4.07B – 4.07B
-26.8% YoY
EBITDA
87.29M
est: 83.22M (+4.9%)
123.59M
est: 96.40M (+28.2%)
158.94M
est: 149.17M (+6.6%)
176.55M
est: 186.15M (-5.2%)
113.86M
est: 235.64M (-51.7%)
395.55M
est: 382.89M (+3.3%)
855.89M
est: 791.21M (+8.2%)
885.67M
est: 814.47M (+8.7%)
412.95M
est: 367.37M (+12.4%)
288.82M
est: 440.20M (-34.4%)
271.44M
est: 455.28M (-40.4%)
527.27M
527.27M – 527.27M
+15.8% YoY
385.85M
385.85M – 385.85M
-26.8% YoY
EBIT
74.04M
est: 64.80M (+14.2%)
99.43M
est: 75.07M (+32.4%)
130.99M
est: 116.16M (+12.8%)
144.84M
est: 144.96M (-0.1%)
71.73M
est: 183.50M (-60.9%)
334.22M
est: 298.16M (+12.1%)
783.58M
est: 616.13M (+27.2%)
776.45M
est: 634.25M (+22.4%)
278.12M
est: 262.54M (+5.9%)
133.91M
est: 314.59M (-57.4%)
100.41M
est: 325.37M (-69.1%)
376.81M
376.81M – 376.81M
+15.8% YoY
275.75M
275.75M – 275.75M
-26.8% YoY
Net Income
60.59M
77.18M
est: 83.33M (-7.4%)
89.70M
est: 103.84M (-13.6%)
96.19M
est: 105.77M (-9.1%)
61.97M
est: 57.69M (+7.4%)
201.08M
est: 200.84M (+0.1%)
535.53M
est: 509.60M (+5.1%)
554.06M
est: 585.18M (-5.3%)
170.39M
est: 163.16M (+4.4%)
97.73M
est: 198.71M (-50.8%)
122.14M
est: 141.02M (-13.4%)
166.66M
166.66M – 166.66M
+18.2% YoY
64.10M
64.10M – 64.10M
-61.5% YoY
SGA
107.43M
est: 76.36M (+40.7%)
174.72M
est: 88.45M (+97.5%)
217.05M
est: 136.87M (+58.6%)
250.57M
est: 170.80M (+46.7%)
290.55M
est: 216.22M (+34.4%)
292.70M
est: 351.33M (-16.7%)
494.79M
est: 726.00M (-31.8%)
526.79M
est: 747.35M (-29.5%)
463.36M
est: 399.39M (+16.0%)
566.93M
est: 478.56M (+18.5%)
541.63M
est: 494.95M (+9.4%)
573.21M
573.21M – 573.21M
+15.8% YoY
419.47M
419.47M – 419.47M
-26.8% YoY
EPS
0.12
0.12
est: 0.13 (-7.7%)
0.14
est: 0.16 (-13.6%)
0.15
est: 0.17 (-9.1%)
0.10
est: 0.09 (+11.1%)
0.31
est: 0.31 (-1.1%)
0.82
est: 0.80 (+3.1%)
0.85
est: 0.93 (-8.6%)
0.26
est: 0.25 (+2.1%)
0.15
est: 0.31 (-51.6%)
0.19
est: 0.22 (-13.6%)
0.26
0.26 – 0.26
+18.2% YoY
0.10
0.10 – 0.10
-61.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-20 A- 4/5 4/5 3/5 4/5 3/5 3/5 4/5
2026-05-19 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-05-18 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-05-15 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-05-14 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-05-13 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-05-12 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-05-11 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-05-08 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-05-07 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-05-06 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-05-05 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-04-30 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-29 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-28 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-27 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-24 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-23 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-22 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-21 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-20 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-17 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-16 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
311.64M
OE per share TTM
0.48
Owner's Yield
20.09%
Maintenance CapEx ratio
71.37%
Maint CapEx / Avg PPE
9.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
141.8K
Shares Outstanding
641.00M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Thitimar Tantikulsuntorn Group MD of Corporate Support & Executive Director 468.8K female
Busarin Tuanchaem CFO & Director 408.8K female
Araya Kongsoonthorn Group Chief Executive Officer & Director 368.8K
Chudet Kongsoonthorn Group MD of Business Development & Director 328.8K male
Somjai Purachako Commercial Director of Sales & Marketing and Director of Customer Development 80.0K female
Watsachon Chantarangsri Chief Accountant female
Poramaporn Chamnongsuk Company Secretary female
Siripat Koian Director of Human Resources & Corporate Sustainability Group male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits