Company Valuation: Siamraj

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 494 940.6 1,008 439.9 392.5 257.1
Change - 90.41% 7.19% -56.38% -10.77% -34.48%
Enterprise Value (EV) 1 1,338 1,883 2,338 1,669 1,488 1,272
Change - 40.73% 24.15% -28.62% -10.87% -14.5%
P/E -3.81x -7.25x -18.1x -3.73x -13.9x -5.13x
PBR 0.5x 1.09x 1.25x 0.64x 0.6x 0.43x
PEG - -102.16x 0.3x -0x 0.2x -0.1x
Capitalization / Revenue 0.29x 1.01x 0.76x 0.42x 0.45x 0.41x
EV / Revenue 0.77x 2.02x 1.76x 1.59x 1.72x 2.04x
EV / EBITDA -10.6x -25x -135x 127x 23.8x 47.4x
EV / EBIT -9.39x -20.2x -57.7x -272x 32.6x 124x
EV / FCF -4.3x -43.3x -5.51x 15.4x 12x 10.2x
FCF Yield -23.3% -2.31% -18.2% 6.48% 8.36% 9.83%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.1916 -0.1918 -0.0824 -0.1742 -0.0418 -0.0741
Distribution rate - - - - - -
Net sales 1 1,728 933.9 1,329 1,050 865.7 622.1
EBITDA 1 -126.1 -75.28 -17.3 13.16 62.48 26.86
EBIT 1 -142.6 -93.25 -40.53 -6.145 45.69 10.22
Net income 1 -129.7 -129.8 -55.78 -117.9 -28.29 -50.16
Net Debt 1 844.2 942.6 1,330 1,229 1,095 1,015
Reference price 2 0.7300 1.3900 1.4900 0.6500 0.5800 0.3800
Nbr of stocks (in thousands) 676,700 676,700 676,700 676,700 676,700 676,700
Announcement Date 19/02/21 24/02/22 23/02/23 22/02/24 20/02/25 24/02/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 7.56M
28.08x - - 1.48% 2.79B
-2.6x - -58.06x-.--% 1.81B
Average 12.74x -58.06x 0.74% 1.53B
Weighted average by Cap. 16.00x -58.06x 0.9%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA