Company Valuation: Nova Empire

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,200 1,400 1,903 1,835 1,109 1,111
Change - 16.67% 35.96% -3.57% -39.59% 0.21%
Enterprise Value (EV) 1 1,467 1,606 4,372 2,185 2,694 3,316
Change - 9.5% 172.23% -50.01% 23.28% 23.07%
P/E -9.31x 12x 7.85x 6.17x 5.25x -49.8x
PBR 1.7x 1.39x 1.09x 1x 0.76x 0.89x
PEG - -0x 0.1x 0.3x -0.54x 0x
Capitalization / Revenue 2.86x 31.8x 2.28x 32.8x 21.2x 1.77x
EV / Revenue 3.5x 36.5x 5.24x 39.1x 51.6x 5.27x
EV / EBITDA -13.6x -212x 6.32x 11.5x -72.7x 11.1x
EV / EBIT -12x -49.5x 9.07x -64.9x -30.3x 25.4x
EV / FCF 10.9x 4.18x 14.9x -1.06x 2x -23.4x
FCF Yield 9.17% 23.9% 6.71% -94.7% 50% -4.28%
Dividend per Share 2 - - - 1.11 - -
Rate of return - - - 10.3% - -
EPS 2 -1.075 0.8343 1.428 1.752 1.582 -0.1867
Distribution rate - - - 63.4% - -
Net sales 1 419.6 44.02 833.6 55.89 52.25 629.2
EBITDA 1 -107.9 -7.581 692.2 189.6 -37.08 299.2
EBIT 1 -122.6 -32.42 482.2 -33.69 -88.92 130.5
Net income 1 -129 114.3 240.3 297.7 247.1 -23.36
Net Debt 1 266.6 206 2,469 349.9 1,585 2,205
Reference price 2 10.000 10.000 11.200 10.800 8.300 9.300
Nbr of stocks (in thousands) 120,000 139,999 169,949 169,949 133,579 119,466
Announcement Date 01/03/21 28/02/22 23/02/23 01/03/24 25/02/25 27/02/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.68x4.8x35.02x0.23% 234B
19.85x9.01x15.94x3.06% 170B
20.83x4.44x12.21x3.32% 164B
19.99x11.2x14.67x3.5% 108B
20.81x5.89x12.95x3.32% 105B
12.8x1.87x6.64x5.54% 103B
18.29x5.6x11.28x3.52% 96.35B
20.81x3.12x12.9x0.66% 91.44B
19.92x5.31x12.56x2.99% 69.79B
Average 20.22x 5.69x 14.91x 2.9% 126.83B
Weighted average by Cap. 21.21x 5.78x 17.23x 2.65%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Nova Empire

Historical PBR trend

Valuation ratios - PBR - Nova Empire

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Nova Empire

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Nova Empire