Company Valuation: AAPICO Hitech

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,581 10,557 9,936 5,478 4,235 5,041 - -
Change - 10.19% -5.88% -44.86% -22.7% 19.05% - -
Enterprise Value (EV) 1 17,048 13,807 13,200 9,150 7,917 9,000 8,730 6,733
Change - -19.02% -4.39% -30.68% -13.47% 13.68% -3% -22.87%
P/E 9.34x 5.79x 6.17x 7.58x 5.78x 6.06x 5.65x 5.24x
PBR 1.13x 1.1x 0.92x 0.55x 0.39x 0.44x 0.42x 0.42x
PEG - 0.1x -0.5x -0.1x 4.14x 0.4x 0.79x 0.67x
Capitalization / Revenue 0.47x 0.38x 0.33x 0.21x 0.16x 0.2x 0.19x 0.18x
EV / Revenue 0.83x 0.49x 0.44x 0.34x 0.31x 0.35x 0.33x 0.25x
EV / EBITDA 10x 5.16x 4.41x 4.97x 3.72x 4.07x 3.68x 2.94x
EV / EBIT 25.5x 9.06x 7.62x 16.9x 15.1x 12.2x 10.5x 7.34x
EV / FCF 8.65x 12.7x 10.8x 22.3x 20.1x 12.4x 8.83x 4.89x
FCF Yield 11.6% 7.89% 9.27% 4.48% 4.98% 8.09% 11.3% 20.5%
Dividend per Share 2 0.94 1.54 1.65 0.78 0.79 0.9 1.013 1.09
Rate of return 3.48% 5.18% 5.89% 4.79% 6.27% 6% 6.76% 7.27%
EPS 2 2.89 5.14 4.54 2.15 2.18 2.477 2.653 2.86
Distribution rate 32.5% 30% 36.3% 36.3% 36.2% 36.3% 38.2% 38.1%
Net sales 1 20,433 27,967 30,034 26,588 25,780 25,653 26,360 27,386
EBITDA 1 1,699 2,678 2,994 1,840 2,126 2,211 2,371 2,291
EBIT 1 668.5 1,524 1,731 541.3 524 737.1 831.1 917.8
Net income 1 1,024 1,824 1,610 747 731.4 862 923.7 985.4
Net Debt 1 7,468 3,250 3,264 3,672 3,683 3,959 3,689 1,692
Reference price 2 27.00 29.75 28.00 16.30 12.60 15.00 15.00 15.00
Nbr of stocks (in thousands) 354,842 354,842 354,842 336,087 336,087 336,087 - -
Announcement Date 28/02/22 28/02/23 29/02/24 28/02/25 28/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.06x0.35x4.07x6% 149M
18.68x2.04x11.17x1.57% 73.15B
15.99x1.11x8.51x2.33% 36.7B
11.64x0.55x4.81x4.07% 28.66B
12.64x0.53x3.79x4.64% 27.76B
7.69x0.45x5.77x1.97% 23.16B
15.72x2.67x9.47x3.85% 19.99B
29.72x1.18x12.49x0.62% 17.79B
10.26x0.48x4.72x3.11% 16.92B
20.33x0.85x10.38x3.5% 16.74B
Average 14.87x 1.02x 7.52x 3.17% 26.1B
Weighted average by Cap. 15.99x 1.25x 8.32x 2.65%

Y-o-Y evolution of P/E

Valuation ratios - P/E - AAPICO Hitech

Historical PBR trend

Valuation ratios - PBR - AAPICO Hitech

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - AAPICO Hitech

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - AAPICO Hitech


Year-on-year evolution of the Yield

Valuation ratios - Yield - AAPICO Hitech
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