Company Valuation: Jutha Maritime

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 224.4 274.4 2,840 1,527 732.8 549.6
Change - 22.31% 934.67% -46.23% -52% -25%
Enterprise Value (EV) 1 1,293 540.1 3,781 2,434 1,482 899.7
Change - -58.21% 600.08% -35.64% -39.09% -39.31%
P/E -0.72x 4.02x 26.7x -12.5x -8.86x 19.2x
PBR 3.22x 1.99x 2.28x 1.3x 0.67x 0.5x
PEG - -0x -0.3x 0x 0.3x -0x
Capitalization / Revenue 1.06x 0.85x 0.64x 0.33x 0.16x 0.13x
EV / Revenue 6.13x 1.67x 0.85x 0.53x 0.33x 0.21x
EV / EBITDA -41.3x 73.9x 17.5x 42.9x 18.8x 7.74x
EV / EBIT -11.1x -7.11x 25.2x -102x -255x 33.6x
EV / FCF -17.8x 348x -19.3x 9.52x 8.42x 3.88x
FCF Yield -5.62% 0.29% -5.18% 10.5% 11.9% 25.8%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.9919 0.1617 0.0348 -0.04 -0.0271 0.009353
Distribution rate - - - - - -
Net sales 1 210.8 323.5 4,455 4,583 4,530 4,209
EBITDA 1 -31.3 7.314 215.8 56.76 78.7 116.3
EBIT 1 -116.5 -75.97 150.1 -23.79 -5.811 26.77
Net income 1 -140.2 69.01 84.02 -121.2 -81.96 29.32
Net Debt 1 1,068 265.7 941.8 907.1 749.7 350.1
Reference price 2 0.7100 0.6500 0.9300 0.5000 0.2400 0.1800
Nbr of stocks (in thousands) 316,023 422,210 3,053,252 3,053,358 3,053,358 3,053,358
Announcement Date 24/02/21 28/02/22 28/02/23 28/02/24 26/02/25 26/02/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 26.37M
26.35x9.88x16.96x0.54% 41.65B
22.14x8.06x12.53x2.27% 27.77B
8.45x3.21x7.57x3.84% 18.92B
7.71x - - 5.52% 9.14B
9.56x6.43x11.16x5.01% 9.11B
48.56x13.24x29.1x0.24% 8.61B
11.78x2.98x7.61x5.14% 8.23B
Average 19.22x 7.30x 14.15x 3.22% 15.43B
Weighted average by Cap. 20.62x 7.82x 14.11x 2.42%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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  4. Valuation Jutha Maritime