Company Valuation: Sappe

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,035 13,642 26,667 20,866 9,319 10,148 - -
Change - 69.78% 95.48% -21.75% -55.34% 8.9% - -
Enterprise Value (EV) 1 8,035 13,353 26,122 20,105 8,636 9,276 9,118 9,093
Change - 66.19% 95.62% -23.03% -57.05% 7.41% -1.7% -0.28%
P/E 19.6x 20.9x 24.8x 16.6x 12.2x 13.3x 11.7x 10.4x
PBR 2.77x 4.19x 6.99x 4.76x 2.19x 2.17x 1.99x 1.85x
PEG - 0.4x 0.4x 1x -0.3x -56.08x 0.9x 0.8x
Capitalization / Revenue 2.33x 2.99x 4.41x 3.08x 1.77x 1.83x 1.73x 1.62x
EV / Revenue 2.33x 2.92x 4.32x 2.97x 1.64x 1.67x 1.55x 1.45x
EV / EBITDA 10.8x 13.1x 16.9x 11.1x 7.12x 7.51x 6.7x 6.18x
EV / EBIT 14.7x 16.1x 19.1x 12.8x 8.97x 9.61x 8.08x 7.56x
EV / FCF - 19.1x 29.4x -249x 25.4x 19.9x 13x 10.5x
FCF Yield - 5.24% 3.4% -0.4% 3.94% 5.02% 7.68% 9.56%
Dividend per Share 2 1.1 - - - - 1.569 1.738 1.945
Rate of return 4.19% - - - - 4.68% 5.19% 5.81%
EPS 2 1.34 2.12 3.49 4.07 2.53 2.524 2.855 3.215
Distribution rate 82.1% - - - - 62.2% 60.9% 60.5%
Net sales 1 3,444 4,566 6,053 6,775 5,253 5,543 5,874 6,251
EBITDA 1 743.4 1,018 1,546 1,804 1,213 1,235 1,362 1,470
EBIT 1 545.5 830.5 1,368 1,567 962.6 965.3 1,128 1,203
Net income 1 410.8 653.2 1,074 1,253 776.2 776.1 876.6 988.1
Net Debt 1 - -288.4 -544.7 -760.7 -683.1 -872.2 -1,030 -1,055
Reference price 2 26.25 44.25 86.50 67.75 30.75 33.50 33.50 33.50
Nbr of stocks (in thousands) 306,087 308,289 308,289 307,987 303,055 302,925 - -
Announcement Date 24/02/22 28/02/23 27/02/24 24/02/25 27/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.27x1.67x7.51x4.68% 305M
141.2x - - - 871M
Average 77.24x 1.67x 7.51x 4.68% 587.98M
Weighted average by Cap. 108.01x 1.67x 7.51x 4.68%

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