Company Valuation: Asia Metal

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,114 2,333 1,383 1,604 869 955.4
Change - 109.48% -40.74% 15.97% -45.81% 9.94%
Enterprise Value (EV) 1 2,260 2,997 1,743 2,418 1,823 2,448
Change - 32.57% -41.83% 38.71% -24.62% 34.32%
P/E 8.37x 2.48x -21.5x 3.85x 12.2x 71x
PBR 0.51x 0.76x 0.49x 0.48x 0.26x 0.29x
PEG - 0x 0x -0x -0.1x -0.9x
Capitalization / Revenue 0.22x 0.3x 0.25x 0.2x 0.12x 0.15x
EV / Revenue 0.45x 0.38x 0.31x 0.3x 0.25x 0.4x
EV / EBITDA 6.05x 2.91x 43x 4.26x 14.5x 31.1x
EV / EBIT 8.16x 3.18x -41.4x 4.94x 34.2x 199x
EV / FCF -15.4x 8.17x 3.37x -4.53x -8.47x -4.64x
FCF Yield -6.48% 12.2% 29.6% -22.1% -11.8% -21.6%
Dividend per Share 2 0.14 0.34 - 0.19 0.1 0.08
Rate of return 6.03% 7% - 5.69% 5.52% 4.02%
EPS 2 0.2771 1.959 -0.1337 0.8686 0.1483 0.028
Distribution rate 50.5% 17.4% - 21.9% 67.4% 286%
Net sales 1 4,978 7,802 5,566 7,931 7,318 6,187
EBITDA 1 373.8 1,028 40.53 567.9 125.6 78.82
EBIT 1 277.1 941.9 -42.07 489.3 53.28 12.33
Net income 1 133.1 940.3 -64.2 417 71.2 13.45
Net Debt 1 1,147 663.5 360.5 814.4 953.6 1,493
Reference price 2 2.320 4.860 2.880 3.340 1.810 1.990
Nbr of stocks (in thousands) 480,096 480,096 480,096 480,096 480,096 480,096
Announcement Date 25/02/21 25/02/22 23/02/23 22/02/24 21/02/25 24/02/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.77x1.58x8.08x0.82% 62.13B
7.43x1.57x4.18x8.99% 48.61B
19.63x0.79x6.65x1.02% 45.13B
14.21x1.58x9.2x0.85% 35.67B
17.58x1.72x9.34x0.62% 32.01B
17.92x2.24x5.63x3.66% 30.87B
16.31x1.24x10.72x1.14% 22.26B
11.78x1.09x6.57x2.52% 22.05B
11.86x0.76x6.21x3.67% 21.78B
Average 14.50x 1.40x 7.40x 2.59% 35.61B
Weighted average by Cap. 14.37x 1.43x 7.25x 2.68%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Asia Metal

Historical PBR trend

Valuation ratios - PBR - Asia Metal

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Asia Metal

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Asia Metal