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 9,845 - -
Change - 69.78% 95.48% -21.75% -55.34% 5.65% - -
Enterprise Value (EV) 1 8,035 13,353 26,122 20,105 8,636 8,973 8,815 8,790
Change - 66.19% 95.62% -23.03% -57.05% 3.9% -1.76% -0.29%
P/E 19.6x 20.9x 24.8x 16.6x 12.2x 12.7x 11.1x 10.1x
PBR 2.77x 4.19x 6.99x 4.76x 2.19x 2.1x 1.93x 1.79x
PEG - 0.4x 0.4x 1x -0.3x 12.85x 0.7x 1.07x
Capitalization / Revenue 2.33x 2.99x 4.41x 3.08x 1.77x 1.77x 1.66x 1.57x
EV / Revenue 2.33x 2.92x 4.32x 2.97x 1.64x 1.62x 1.49x 1.41x
EV / EBITDA 10.8x 13.1x 16.9x 11.1x 7.12x 7.22x 6.32x 5.98x
EV / EBIT 14.7x 16.1x 19.1x 12.8x 8.97x 9.17x 7.53x 7.31x
EV / FCF - 19.1x 29.4x -249x 25.4x 17.9x 13.7x 10.1x
FCF Yield - 5.24% 3.4% -0.4% 3.94% 5.59% 7.32% 9.89%
Dividend per Share 2 1.1 - - - - 1.577 1.778 1.945
Rate of return 4.19% - - - - 4.85% 5.47% 5.98%
EPS 2 1.34 2.12 3.49 4.07 2.53 2.555 2.937 3.215
Distribution rate 82.1% - - - - 61.7% 60.5% 60.5%
Net sales 1 3,444 4,566 6,053 6,775 5,253 5,554 5,924 6,251
EBITDA 1 743.4 1,018 1,546 1,804 1,213 1,243 1,394 1,470
EBIT 1 545.5 830.5 1,368 1,567 962.6 978.1 1,170 1,203
Net income 1 410.8 653.2 1,074 1,253 776.2 786.3 902.5 988.1
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 32.50 32.50 32.50
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.($)
12.88x1.62x7.26x4.83% 293M
150.2x - - - 927M
Average 81.54x 1.62x 7.26x 4.83% 610.34M
Weighted average by Cap. 117.19x 1.62x 7.26x 4.83%

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