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K&K Superstore Southern Public Company Limited

KK.BK
52
Grocery Stores · Consumer Defensive
Price
1.00 THB
-0.02 (-1.96%)
Market Cap
241.5M THB
Exchange
Stock Exchange of Thailand
Winston Score
52
Winston is curious
Mixed quality — meaningful strengths and weaknesses.
Data as of Jul 28, 2026 · filings through Mar 31, 2026

K&K Superstore Southern Public Company Limited is a Thai-based distributor specializing in a diverse range of consumer products. Its extensive inventory includes household essentials such as detergents, fabric softeners, and compressed cleaning petals. The company also supplies personal care items like toothpaste, toothbrushes, and mouthwash, alongside a variety of skin and hair products, including shampoos, shower creams, and soaps. For beauty needs, they offer cosmetics like powders, creams, skincare products, and colognes. Additionally, K&K Superstore Southern provides vital supplies for infants and adults, such as milk bottle brushes, baby diapers, and adult diapers. Beyond personal and home care, the company features a broad selection of food and beverage items. This includes powdered beverages like cocoa and coffee, as well as non-dairy creamers. They distribute various flavored milk products, such as milk powder, sweetened condensed milk, and UHT milk. Other refreshments available encompass drinking water, soft drinks, and health beverages. The dry goods category features staple condiments, vegetable oils, and rice, complemented by a wide array of snacks like chewing gum and candy. As of March 31, 2022, K&K Superstore Southern operated a network of 31 retail outlets under its proprietary K&K Superstore brand. The company was founded in 1993 and maintains its headquarters in Songkhla, Thailand.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-13.4% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+252.9% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (2%)

Research and development spending

Cash Runway

~4 months

$52M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Short runway — potential dilution ahead through share issuance

Cash watch

K&K Superstore Southern Public Company Limited has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

0.0% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 241.5M (2021) → 241.5M (2025)

Score breakdown

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Quality

Gross Margin
16.8%
Thin — 16.8% gross margin
Operating Margin
3.9%
Thin — 3.9% operating margin
ROCE
3.7%
Weak — 3.7% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

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Growth

Sales YoY
+9.6%
Steady sales growth (9.6% YoY)
EPS YoY
+270.6%
Earnings growing fast (270.6% YoY)

Earnings growing 25%+ a year. The compounder zone.

EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

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Cash Flow

Cash Conversion
138%
Turns 138% of profit into real cash
FCF Margin
2.4%
Thin free cash flow (2.4%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

Debt / Equity
0.21
Conservative — low debt load (0.21)
Interest Cover
5.81x
Adequate interest coverage (5.8x)

Interest coverage between 3 and 8. Profits cover interest several times over.

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Valuation

P/E Ratio (TTM)
6.3x
Attractive valuation — P/E 6.3

P/E under 10. The price tag is small relative to last year's profit.

P/E vs Forward
N/A
not available
Data not available

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Dividends

Dividend Yield
1.50%
Small dividend — 1.50% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth
N/A
Data not available

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