Company Valuation: Cal-Comp Electronics (Thailand)

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 21,736 105,545 47,234 85,168 - -
Change - 385.58% -55.25% 80.31% - -
Enterprise Value (EV) 1 21,736 118,219 60,552 98,139 97,440 93,629
Change - 443.88% -48.78% 62.08% -0.71% -3.91%
P/E 12.2x 40.4x 22.6x 30.9x 24.5x 21.8x
PBR - - 1.91x 3.34x 3.2x 3.02x
PEG - 0.9x -1.1x 1x 1x 1.8x
Capitalization / Revenue - 0.71x 0.39x 0.6x 0.55x 0.5x
EV / Revenue - 0.8x 0.5x 0.69x 0.63x 0.54x
EV / EBITDA - 20.1x 12.4x 16.2x 14x 12.2x
EV / EBIT - 35x 21.7x 26.5x 22.4x 19.6x
EV / FCF - 14.3x 126x 15.7x 24.4x 27.6x
FCF Yield - 6.98% 0.79% 6.38% 4.1% 3.62%
Dividend per Share 2 - 0.2 0.23 0.186 0.24 0.2367
Rate of return - 1.98% 5.09% 2.28% 2.94% 2.9%
EPS 2 0.17 0.25 0.2 0.264 0.332 0.3733
Distribution rate - 80% 115% 70.5% 72.3% 63.4%
Net sales 1 - 147,733 120,220 142,355 154,297 171,985
EBITDA 1 - 5,873 4,871 6,061 6,975 7,655
EBIT 1 - 3,373 2,788 3,708 4,344 4,772
Net income 1 1,116 2,603 2,044 2,948 3,607 4,117
Net Debt 1 - 12,674 13,318 12,972 12,272 8,461
Reference price 2 2.080 10.100 4.520 8.150 8.150 8.150
Nbr of stocks (in thousands) 10,450,003 10,450,003 10,450,003 10,450,003 - -
Announcement Date 27/02/24 27/02/25 26/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.64x1.82x16.83x0.55% 293B
23.64x9.53x17.11x0.37% 184B
23.76x1.89x9.9x1.06% 70.47B
19.8x0.42x8.01x1.7% 44.43B
28.29x4.72x17.58x1.21% 33.82B
41.54x23.33x29.88x1.19% 32.78B
13.26x0.57x6.93x3.99% 27.48B
15.89x0.3x8.84x0.76% 20.18B
44.72x - - 0.68% 19.25B
Average 26.39x 5.32x 14.39x 1.28% 80.65B
Weighted average by Cap. 25.60x 4.79x 15.68x 0.82%

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

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