Company Valuation: Minor International

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 149,896 170,119 165,076 147,419 137,502 131,615 - -
Change - 13.49% -2.96% -10.7% -6.73% -4.28% - -
Enterprise Value (EV) 1 256,679 170,119 253,374 226,718 221,205 226,661 219,985 224,191
Change - -33.72% 48.94% -10.52% -2.43% 2.47% -2.95% 1.91%
P/E -10.2x 60.8x 45.4x 24.5x 18.8x 13.6x 12.5x 11.1x
PBR 2.2x - 2.15x 1.68x 1.54x 1.43x 1.38x 1.35x
PEG - -1x 2x 0.4x 0.9x 0.4x 1.52x 0.9x
Capitalization / Revenue 2.16x 1.42x 1.11x 0.91x 0.86x 0.8x 0.75x 0.71x
EV / Revenue 3.69x 1.42x 1.7x 1.41x 1.38x 1.38x 1.26x 1.21x
EV / EBITDA 22.7x 4.85x 6.23x 5.22x 5.14x 5.21x 4.76x 4.66x
EV / EBIT -29.8x 10.8x 12.5x 12.6x 13.6x 10.6x 9.68x 9.04x
EV / FCF 29.7x - 8.67x 7.44x 9.31x 10.4x 9.07x 8.91x
FCF Yield 3.37% - 11.5% 13.4% 10.7% 9.64% 11% 11.2%
Dividend per Share 2 - - - - - 0.7204 0.7958 0.8642
Rate of return - - - - - 3.08% 3.4% 3.69%
EPS 2 -2.83 0.53 0.65 1.06 1.29 1.726 1.868 2.099
Distribution rate - - - - - 41.7% 42.6% 41.2%
Net sales 1 69,481 119,929 149,340 161,352 160,619 164,271 174,441 184,699
EBITDA 1 11,323 35,073 40,673 43,394 42,999 43,541 46,204 48,142
EBIT 1 -8,619 15,798 20,273 17,936 16,260 21,385 22,723 24,799
Net income 1 -13,167 4,286 5,407 7,750 9,009 9,896 10,860 12,185
Net Debt 1 106,783 - 88,298 79,299 83,703 95,046 88,370 92,576
Reference price 2 28.75 32.25 29.50 26.00 24.30 23.40 23.40 23.40
Nbr of stocks (in thousands) 5,213,770 5,275,015 5,595,798 5,669,977 5,658,527 5,624,575 - -
Announcement Date 25/02/22 23/02/23 08/02/24 14/02/25 13/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.72x3.95x18.3x0.81% 92.29B
38.5x6.47x20.77x0.19% 71.48B
27.34x10.34x18.6x1.32% 23.34B
55.54x2.83x17.27x0.34% 16.75B
21.02x2.43x11.1x3.09% 12.58B
46.02x9.17x26.86x0.46% 11.02B
10.53x1.95x7.57x3.16% 4.7B
19.53x1.46x9.87x2.59% 4.25B
13.56x1.38x5.21x3.08% 3.99B
Average 29.31x 4.44x 15.06x 1.67% 26.71B
Weighted average by Cap. 34.14x 5.28x 18.43x 0.86%

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

  1. Stock Market
  2. Stocks
  3. MINT Stock
  4. MIPCF Stock
  5. Valuation Minor International