Company Valuation: LDC Dental

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 810 834 696 372 300 180
Change - 2.96% -16.55% -46.55% -19.35% -40%
Enterprise Value (EV) 1 966.1 953.1 777.6 546 458.6 343.8
Change - -1.34% -18.41% -29.79% -16% -25.02%
P/E -46x -35x 25.9x 21.7x 60.5x -10x
PBR 3.45x 3.96x 2.93x 1.47x 1.19x 0.78x
PEG - -1x -0x -0.6x -0.9x 0x
Capitalization / Revenue 1.92x 2.27x 1.62x 0.9x 0.84x 0.57x
EV / Revenue 2.29x 2.59x 1.81x 1.32x 1.28x 1.09x
EV / EBITDA 55.3x 147x 13.7x 11.1x 15.3x 22x
EV / EBIT -210x -78.1x 19.3x 16.1x 31.8x 352x
EV / FCF -102x 25.7x 13.5x -10.7x 13.2x 12.4x
FCF Yield -0.98% 3.89% 7.39% -9.34% 7.57% 8.03%
Dividend per Share 2 - - - 0.011 - -
Rate of return - - - 1.77% - -
EPS 2 -0.0293 -0.0397 0.0448 0.0285 0.00827 -0.0299
Distribution rate - - - 38.6% - -
Net sales 1 422.8 367.4 430.7 413.1 357.9 315.3
EBITDA 1 17.47 6.481 56.58 49.33 29.96 15.61
EBIT 1 -4.598 -12.2 40.29 33.85 14.43 0.9757
Net income 1 -17.6 -23.84 26.88 17.11 4.962 -17.93
Net Debt 1 156.1 119.1 81.64 174 158.6 163.8
Reference price 2 1.3500 1.3900 1.1600 0.6200 0.5000 0.3000
Nbr of stocks (in thousands) 600,000 600,000 600,000 600,000 600,000 600,000
Announcement Date 23/02/21 25/02/22 23/02/23 21/02/24 20/02/25 24/02/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.58x0.39x8.14x3.08% 111B
14.42x1.81x9.05x0.73% 92.38B
-290x19.96x-345.46x-.--% 59.15B
13.32x1.47x8.86x2.68% 27.66B
22.96x2.57x13x1.42% 25.75B
22.14x2.05x11.72x0.94% 25.02B
30.79x5.56x23.09x2.27% 20.85B
7.85x1.42x6.45x-.--% 20.82B
30.49x2.86x12.85x1.47% 16.87B
Average -15.05x 4.23x -28.03x 1.4% 44.34B
Weighted average by Cap. -29.06x 4.37x -42.58x 1.54%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA