Company Valuation: IRPC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 78,377 61,640 41,229 25,105 20,206 62,456 - -
Change - -21.35% -33.11% -39.11% -19.51% 209.09% - -
Enterprise Value (EV) 1 128,474 130,299 106,315 87,187 61,247 98,021 92,108 85,472
Change - 1.42% -18.41% -17.99% -29.75% 60.04% -6.03% -7.2%
P/E 5.41x -14.4x -14.4x -4.92x -5.82x 5.42x 16.5x 15.1x
PBR 0.9x 0.77x 0.54x 0.36x 0.31x 0.82x 0.8x 0.78x
PEG - 0x 0.4x -0.1x 0.2x -0x -0.2x 1.53x
Capitalization / Revenue 0.31x 0.19x 0.13x 0.08x 0.07x 0.2x 0.22x 0.22x
EV / Revenue 0.5x 0.4x 0.33x 0.28x 0.22x 0.31x 0.32x 0.3x
EV / EBITDA 4.45x 12.1x 19.6x 31.4x 9.87x 3.75x 6.36x 6.17x
EV / EBIT 7x 48.8x -32.9x -13.7x -19x 6.21x 17.4x 16x
EV / FCF 15.3x -10.4x 15.7x 14.5x 2.7x 4.21x 8.43x 9.58x
FCF Yield 6.55% -9.62% 6.36% 6.89% 37% 23.8% 11.9% 10.4%
Dividend per Share 2 0.22 0.07 0.03 0.03 0.01 0.0433 0.0317 0.0447
Rate of return 5.73% 2.32% 1.49% 2.44% 1.01% 1.42% 1.04% 1.46%
EPS 2 0.71 -0.21 -0.14 -0.25 -0.17 0.5641 0.1851 0.2033
Distribution rate 31% -33.3% -21.4% -12% -5.88% 7.68% 17.1% 22%
Net sales 1 255,115 324,800 319,047 314,833 279,572 318,663 287,787 283,662
EBITDA 1 28,877 10,727 5,437 2,773 6,204 26,151 14,491 13,857
EBIT 1 18,348 2,668 -3,229 -6,366 -3,221 15,782 5,297 5,350
Net income 1 14,505 -4,364 -2,923 -5,193 -3,571 11,575 3,657 3,727
Net Debt 1 50,097 68,659 65,086 62,082 41,041 35,565 29,652 23,015
Reference price 2 3.840 3.020 2.020 1.230 0.990 3.060 3.060 3.060
Nbr of stocks (in thousands) 20,410,591 20,410,591 20,410,591 20,410,591 20,410,591 20,410,591 - -
Announcement Date 08/02/22 07/02/23 13/02/24 10/02/25 17/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
6.11x0.62x3.48x5.44% 45.22B
9.73x0.5x5x11.02% 16.2B
17.6x0.35x8.59x2.46% 12.44B
4.54x0.52x3.13x6.29% 8.14B
4.22x0.48x3.97x6.12% 6.06B
310.91x0.68x7.66x0.78% 5.16B
-22.73x1.33x9.63x-.--% 4.73B
6.6x0.41x2.84x1.51% 4.1B
Average 42.12x 0.61x 5.54x 4.2% 12.76B
Weighted average by Cap. 21.94x 0.58x 4.82x 5.42%

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