Company Valuation: Asset Five Group

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,814 1,814 4,765 4,015 3,322 2,179
Change - 0% 162.67% -15.74% -17.26% -34.4%
Enterprise Value (EV) 1 2,429 1,854 5,770 4,755 4,982 3,524
Change - -23.7% 211.3% -17.59% 4.78% -29.27%
P/E 30.9x 13.9x 48.7x 7.93x 7.42x 21.2x
PBR 2.68x 2.24x 5.32x 2.86x 1.96x 1.3x
PEG - 0x -1.9x 0x -0.8x -0.3x
Capitalization / Revenue 2.19x 2.15x 7.2x 2.69x 1.84x 1.66x
EV / Revenue 2.94x 2.19x 8.71x 3.18x 2.76x 2.68x
EV / EBITDA 24.3x 10x 55.2x 9.78x 8.86x 20.3x
EV / EBIT 25x 10.2x 56.2x 9.82x 8.92x 20.7x
EV / FCF 5.63x 3.2x -6.13x -118x -5.14x 18.5x
FCF Yield 17.7% 31.2% -16.3% -0.84% -19.5% 5.4%
Dividend per Share 2 - 0.01 - 0.05 0.1 0.05
Rate of return - 0.67% - 1.51% 3.55% 2.7%
EPS 2 0.0486 0.1081 0.0809 0.4188 0.3799 0.0874
Distribution rate - 9.25% - 11.9% 26.3% 57.2%
Net sales 1 826.9 844.8 662.2 1,494 1,806 1,313
EBITDA 1 99.91 184.7 104.5 486.2 562.2 173.5
EBIT 1 97.19 182.5 102.6 484.4 558.7 170.2
Net income 1 57.24 130.7 97.79 506.4 453.3 102.9
Net Debt 1 615.2 39.48 1,005 739.9 1,660 1,345
Reference price 2 1.500 1.500 3.940 3.320 2.820 1.850
Nbr of stocks (in thousands) 1,209,385 1,209,385 1,209,385 1,209,385 1,178,000 1,178,000
Announcement Date 01/03/21 25/02/22 28/02/23 28/02/24 24/02/25 28/02/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 64.13M
57.01x - - - 61.05B
11.26x3.79x10.06x-.--% 23.13B
7.99x16.28x19.23x6.1% 20.53B
4.15x0.06x0.13x8.35% 14.11B
8.53x17.01x - 6.2% 8.44B
7.95x0.81x6.71x2.46% 5.94B
-1.94x1.73x114.59x-.--% 5.51B
5.43x13.78x20.5x5.85% 4.52B
9.45x0.57x7.52x4.02% 3.97B
Average 12.20x 6.75x 25.53x 4.12% 14.73B
Weighted average by Cap. 28.09x 7.49x 18.31x 4.09%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. A5 Stock
  4. Valuation Asset Five Group