Company Valuation: Assetwise

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,106 7,553 7,108 5,398 7,063 - -
Change - 6.29% -5.89% -24.05% 30.83% - -
Enterprise Value (EV) 1 7,106 18,161 18,470 18,899 22,329 22,530 23,552
Change - 155.58% 1.7% 2.32% 18.15% 0.9% 4.54%
P/E 6.34x 6.72x 4.88x 5x 4.41x 4.39x 4.06x
PBR 1.26x 1.12x 0.91x 0.6x 0.65x 0.57x 0.53x
PEG - -1.47x 0.2x -0.2x 0.1x 10.42x 0.49x
Capitalization / Revenue 1.3x 1.12x 0.73x 0.59x 0.53x 0.5x 0.44x
EV / Revenue 1.3x 2.68x 1.89x 2.05x 1.68x 1.6x 1.48x
EV / EBITDA 4.06x 14.1x 9.12x 10.3x 7.75x 7.68x 6.8x
EV / EBIT 4.32x 15.9x 10x 11.6x 8.42x 8.06x 7.84x
EV / FCF -2.27x -3.8x 630x -9.38x 11.9x 10.4x 11.5x
FCF Yield -44% -26.3% 0.16% -10.7% 8.42% 9.6% 8.67%
Dividend per Share 2 0.5226 0.25 - - 0.73 0.725 0.785
Rate of return 6.3% 2.98% - - 9.3% 9.24% 10%
EPS 2 1.31 1.25 1.62 1.2 1.78 1.788 1.935
Distribution rate 39.9% 20% - - 41% 40.6% 40.6%
Net sales 1 5,483 6,770 9,792 9,226 13,302 14,073 15,944
EBITDA 1 1,751 1,292 2,025 1,837 2,882 2,934 3,462
EBIT 1 1,644 1,144 1,842 1,625 2,652 2,796 3,003
Net income 1 1,119 1,092 1,457 1,078 1,649 1,644 1,822
Net Debt 1 - 10,609 11,362 13,501 15,266 15,467 16,489
Reference price 2 8.300 8.400 7.900 6.000 7.850 7.850 7.850
Nbr of stocks (in thousands) 856,121 899,121 899,745 899,745 899,745 - -
Announcement Date 23/02/23 23/02/24 21/02/25 23/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
53.36x - - - 56.66B
8.64x3.34x6.74x-.--% 21.38B
8.08x16.19x19.19x6.16% 19.86B
4.21x0.09x0.17x8.23% 14.29B
8.39x16.88x - 6.3% 8.32B
7.69x0.79x6.56x2.61% 5.68B
-1.91x1.54x-229.85x-.--% 5.18B
5.36x13.69x20.01x5.88% 4.43B
9.46x0.57x7.38x4.03% 3.97B
Average 11.47x 6.64x -24.26x 4.15% 15.53B
Weighted average by Cap. 25.71x 7.34x -6.77x 4.2%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield