Company Valuation: Precious Shipping

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 25,884 25,105 13,488 10,525 8,982 15,441 - -
Change - -3.01% -46.27% -21.97% -14.66% 71.9% - -
Enterprise Value (EV) 31,648 30,773 18,509 10,525 8,982 15,441 15,441 15,441
Change - -2.77% -39.85% -43.13% -14.66% 71.9% 0% 0%
P/E 5.78x 5.18x 18.8x 7.18x 22.4x 12.1x 14.9x 15.1x
PBR 1.8x 1.53x 0.83x 0.62x 0.63x 0.99x 0.96x 0.93x
PEG - 0.62x -0.2x 0x -0.3x 0x -0.8x -10.57x
Capitalization / Revenue 3x 2.75x 2.64x 1.76x 1.71x 2.49x 2.44x 2.57x
EV / Revenue 0x 0x 0x 0x 0x 2.49x 2.44x 2.57x
EV / EBITDA 0x 0x 0x 0x 0x 5.89x 5.91x 7.81x
EV / EBIT 0x 0x 0x 0x 0x 15.8x 16.8x 55.5x
EV / FCF 0x 0x 0x -0x -0x -9.71x 7.79x 14.5x
FCF Yield 21.8% 16.6% 13.4% -7.49% -13.4% -10.3% 12.8% 6.92%
Dividend per Share 2 1.75 1.75 0.25 0.4 0.4 0.2664 0.2075 0.19
Rate of return 10.5% 10.9% 2.89% 5.93% 6.61% 2.56% 2% 1.83%
EPS 2 2.87 3.11 0.46 0.94 0.27 0.86 0.7 0.69
Distribution rate 61% 56.3% 54.3% 42.6% 148% 31% 29.6% 27.5%
Net sales 1 8,615 9,129 5,100 5,985 5,248 6,207 6,320 6,016
EBITDA 1 5,940 6,532 2,603 3,538 2,657 2,621 2,611 1,976
EBIT 1 4,726 5,208 1,173 2,013 1,062 980 919 278.3
Net income 1 4,475 4,851 709.6 1,468 413.8 1,340 1,098 1,074
Net Debt 5,764 5,668 5,021 - - - - -
Reference price 2 16.60 16.10 8.65 6.75 6.05 10.40 10.40 10.40
Nbr of stocks (in thousands) 1,559,292 1,559,292 1,559,292 1,559,292 1,484,702 1,484,702 - -
Announcement Date 14/02/22 10/02/23 12/02/24 10/02/25 13/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.47x1.23x3.52x7.2% 17.1B
11.13x1.78x6.01x7.44% 7.52B
44.47x17.91x24.39x1.92% 5.31B
12.79x - - - 4.83B
9.71x2.78x7.98x8.98% 3.56B
7.08x3.4x5.45x12.45% 3.41B
12.29x0.81x2.39x4.11% 3.4B
4.96x2.5x3.35x - 2.73B
Average 13.61x 4.34x 7.58x 7.02% 5.98B
Weighted average by Cap. 12.67x 3.73x 6.95x 6.89%

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

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  5. Valuation Precious Shipping