Company Valuation: Sammakorn

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 776.6 1,213 911.4 750.9 577.6 462.1
Change - 56.2% -24.87% -17.61% -23.08% -20%
Enterprise Value (EV) 1 2,384 2,751 2,471 2,970 2,800 2,199
Change - 15.42% -10.19% 20.19% -5.71% -21.48%
P/E 19.1x 28.8x 8.09x 21.6x -11.4x -24x
PBR 0.33x 0.51x 0.37x 0.31x 0.25x 0.2x
PEG - 7.34x 0x -0.3x 0x 0.4x
Capitalization / Revenue 0.47x 0.84x 0.38x 0.37x 0.36x 0.3x
EV / Revenue 1.43x 1.91x 1.03x 1.48x 1.77x 1.41x
EV / EBITDA 17.2x 23.3x 11.4x 19.2x 36.5x 22.9x
EV / EBIT 23.5x 34x 13.9x 26x 81.1x 41.7x
EV / FCF 4.45x 7.68x -2.86x -1.56x -245x 4.88x
FCF Yield 22.5% 13% -34.9% -64.2% -0.41% 20.5%
Dividend per Share 2 0.03 0.04 0.1 0.03 - 0.02
Rate of return 2.48% 2.12% 7.04% 2.56% - 2.78%
EPS 2 0.0632 0.0657 0.1754 0.0541 -0.0791 -0.03
Distribution rate 47.5% 60.9% 57% 55.5% - -66.7%
Net sales 1 1,669 1,442 2,404 2,003 1,583 1,562
EBITDA 1 138.6 117.9 216 154.8 76.78 96.17
EBIT 1 101.5 80.88 177.9 114.2 34.53 52.69
Net income 1 40.55 42.15 112.6 34.7 -50.77 -19.46
Net Debt 1 1,607 1,538 1,560 2,219 2,223 1,736
Reference price 2 1.2100 1.8900 1.4200 1.1700 0.9000 0.7200
Nbr of stocks (in thousands) 641,800 641,800 641,800 641,800 641,800 641,800
Announcement Date 19/02/21 18/02/22 21/02/23 20/02/24 20/02/25 25/02/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 15.81M
57.84x - - - 62.05B
11.43x3.54x10.2x-.--% 23.52B
7.71x16.32x19.58x6.05% 20.53B
4.32x0.23x0.48x7.86% 15.14B
8.55x17.03x - 6.18% 8.4B
8.04x0.82x6.77x2.43% 5.91B
-2.12x1.58x69.74x-.--% 4.97B
5.74x14.04x21.2x5.52% 4.75B
Average 12.69x 7.65x 21.33x 4.01% 16.14B
Weighted average by Cap. 29.03x 7.74x 15.19x 4.03%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA