Company Valuation: Alucon

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 7,344 7,906 7,949 7,754 7,474 8,467
Change - 7.65% 0.55% -2.45% -3.62% 13.29%
Enterprise Value (EV) 1 6,218 6,720 6,686 5,087 4,169 4,960
Change - 8.08% -0.52% -23.92% -18.05% 18.99%
P/E 11x 11.2x 12.1x 15.3x 9.57x 8.35x
PBR 1.23x 1.26x 1.22x 1.18x 1.06x 1.13x
PEG - 2.13x -1.9x -0.7x 0.2x 0.3x
Capitalization / Revenue 1.49x 1.38x 1.15x 1.27x 1.2x 1.23x
EV / Revenue 1.26x 1.18x 0.96x 0.83x 0.67x 0.72x
EV / EBITDA 5.04x 5.59x 5.94x 5.3x 3.48x 4.47x
EV / EBIT 7.79x 8.53x 9.1x 8.6x 4.88x 6.03x
EV / FCF 5.43x -17.5x 23.4x 3.04x 5.4x 33.3x
FCF Yield 18.4% -5.71% 4.27% 32.9% 18.5% 3%
Dividend per Share 2 10 10 10 8 12 16
Rate of return 5.88% 5.46% 5.43% 4.46% 6.94% 8.16%
EPS 2 15.49 16.3 15.26 11.72 18.08 23.48
Distribution rate 64.6% 61.3% 65.5% 68.2% 66.4% 68.1%
Net sales 1 4,928 5,713 6,928 6,124 6,218 6,909
EBITDA 1 1,235 1,203 1,126 960.3 1,199 1,111
EBIT 1 797.9 788.1 734.6 591.5 854.4 822.3
Net income 1 669 704.2 659.4 506.5 781.1 1,014
Net Debt 1 -1,126 -1,185 -1,263 -2,668 -3,305 -3,507
Reference price 2 170.00 183.00 184.00 179.50 173.00 196.00
Nbr of stocks (in thousands) 43,200 43,200 43,200 43,200 43,200 43,200
Announcement Date 25/02/21 25/02/22 24/02/23 23/02/24 24/02/25 20/02/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 329M
66.76x1.13x8.79x8.27% 2.89B
9.12x - - 4.25% 1.71B
13.76x - - - 922M
Average 29.88x 1.13x 8.79x 6.26% 1.46B
Weighted average by Cap. 40.10x 1.13x 8.79x 6.78%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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