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End-of-day quote
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5-day change | 1st Jan Change | ||
| 21.10 THB | +0.48% |
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-4.52% | +31.06% |
Company Valuation: Indorama Ventures
Data adjusted to current consolidation scope
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|
| Market Cap 1 | 242,829 | 228,793 | 152,997 | 139,802 | 90,394 | 118,467 | - | - |
| Change | - | -5.78% | -33.13% | -8.62% | -35.34% | 31.06% | - | - |
| Enterprise Value (EV) 1 | 450,600 | 461,362 | 388,646 | 384,702 | 326,544 | 343,460 | 323,703 | 302,952 |
| Change | - | 2.39% | -15.76% | -1.01% | -15.12% | 5.18% | -5.75% | -6.41% |
| P/E | 9.51x | 7.56x | -13.2x | -6.82x | -12.3x | 19x | 14.5x | 13.4x |
| PBR | 1.53x | 1.23x | 0.93x | 1.11x | 0.77x | 0.96x | 0.88x | 0.81x |
| PEG | - | 0.4x | 0x | -0.1x | 0.2x | -0x | 0.5x | 1.67x |
| Capitalization / Revenue | 0.52x | 0.35x | 0.28x | 0.26x | 0.2x | 0.24x | 0.23x | 0.24x |
| EV / Revenue | 0.96x | 0.7x | 0.72x | 0.71x | 0.73x | 0.71x | 0.64x | 0.61x |
| EV / EBITDA | 7.06x | 6.17x | 11.3x | 9.37x | 13.2x | 7.37x | 6.47x | 6.04x |
| EV / EBIT | 10.7x | 9.41x | 58.2x | 29.4x | -382x | 16x | 14.2x | 12.2x |
| EV / FCF | 32.6x | 8.81x | 13.3x | 20.2x | 10.8x | 23.9x | 15.1x | 12x |
| FCF Yield | 3.07% | 11.3% | 7.49% | 4.96% | 9.24% | 4.18% | 6.6% | 8.32% |
| Dividend per Share 2 | 1 | 1.45 | 0.925 | 0.7 | 0.7 | 0.7 | 0.6889 | 0.6548 |
| Rate of return | 2.31% | 3.56% | 3.39% | 2.81% | 4.35% | 3.32% | 3.26% | 3.1% |
| EPS 2 | 4.55 | 5.39 | -2.06 | -3.65 | -1.309 | 1.108 | 1.456 | 1.573 |
| Distribution rate | 22% | 26.9% | -44.9% | -19.2% | -53.5% | 63.2% | 47.3% | 41.6% |
| Net sales 1 | 468,108 | 656,266 | 541,458 | 541,583 | 447,246 | 486,520 | 505,431 | 497,938 |
| EBITDA 1 | 63,825 | 74,772 | 34,373 | 41,078 | 24,681 | 46,617 | 50,011 | 50,185 |
| EBIT 1 | 42,089 | 49,050 | 6,675 | 13,089 | -854.8 | 21,441 | 22,727 | 24,804 |
| Net income 1 | 26,288 | 31,006 | -10,798 | -19,262 | -7,348 | 5,910 | 7,952 | 9,008 |
| Net Debt 1 | 207,771 | 232,569 | 235,649 | 244,900 | 236,150 | 224,993 | 205,236 | 184,484 |
| Reference price 2 | 43.25 | 40.75 | 27.25 | 24.90 | 16.10 | 21.10 | 21.10 | 21.10 |
| Nbr of stocks (in thousands) | 5,614,552 | 5,614,552 | 5,614,552 | 5,614,552 | 5,614,552 | 5,614,552 | - | - |
| Announcement Date | 27/02/22 | 25/02/23 | 23/02/24 | 26/02/25 | 02/03/26 | - | - | - |
1THB in Million2THB
Estimates
P/E, Detailed evolution
| P/E (N) | EV / Sales (N) | EV / EBITDA (N) | Dividend Yield (N) | Capi.($) | ||
|---|---|---|---|---|---|---|
| 18.95x | 0.7x | 7.36x | 3.33% | 3.54B | ||
| 27.61x | 4.25x | 13.71x | 2.04% | 124B | ||
| 52.46x | 1.36x | 8.39x | 6% | 42.42B | ||
| 16.42x | 4.29x | 24.46x | 3.9% | 38.64B | ||
| 12.43x | 1.22x | 6.83x | 2.46% | 33.91B | ||
| 9.8x | 2.86x | 7.1x | 4.54% | 22.66B | ||
| 20.4x | 3.12x | 11.94x | 0.58% | 19.35B | ||
| 23.44x | - | - | 1.69% | 20.18B | ||
| 34.16x | 2.7x | 15.29x | 0.37% | 19.94B | ||
| 11.29x | 0.95x | 8.37x | 3.51% | 18.86B | ||
| Average | 22.70x | 2.38x | 11.49x | 2.84% | 34.34B | |
| Weighted average by Cap. | 25.49x | 3.06x | 12.72x | 2.84% |
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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