Company Valuation: Supalai

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 44,223 47,459 36,327 35,546 32,070 30,183 - -
Change - 7.32% -23.46% -2.15% -9.78% -5.88% - -
Enterprise Value (EV) 1 62,487 47,459 58,780 64,609 66,269 62,603 62,818 62,377
Change - -24.05% 23.85% 9.92% 2.57% -5.53% 0.34% -0.7%
P/E 6.25x 5.8x 6.06x 5.74x 8.13x 7.18x 6.79x 6.18x
PBR 1.05x - 0.72x 0.67x 0.6x 0.54x 0.53x 0.51x
PEG - 0.4x -0.2x 1.76x -0.2x 1.07x 1.19x 0.63x
Capitalization / Revenue 1.52x 1.38x 1.17x 1.14x 1.33x 1.2x 1.16x 1.1x
EV / Revenue 2.14x 1.38x 1.89x 2.07x 2.75x 2.48x 2.42x 2.27x
EV / EBITDA 7.4x 4.99x 7.96x 8.43x 14.2x 11.7x 11.3x 10.7x
EV / EBIT 7.51x 5.06x 8.11x 8.66x 14.8x 13.2x 12.6x 11.2x
EV / FCF 15.9x - -227x -69.5x 93.1x 11.9x 19.6x 15.7x
FCF Yield 6.28% - -0.44% -1.44% 1.07% 8.38% 5.11% 6.35%
Dividend per Share 2 1 - 1.45 1.35 1.4 1.24 1.268 1.35
Rate of return 4.41% - 7.8% 7.42% 8.24% 7.75% 7.92% 8.44%
EPS 2 3.63 4.19 3.07 3.17 2.09 2.23 2.357 2.589
Distribution rate 27.5% - 47.2% 42.6% 67% 55.6% 53.8% 52.1%
Net sales 1 29,160 34,486 31,177 31,194 24,124 25,233 25,928 27,487
EBITDA 1 8,444 9,514 7,386 7,665 4,680 5,334 5,567 5,818
EBIT 1 8,321 9,387 7,249 7,462 4,467 4,750 5,000 5,584
Net income 1 7,070 8,173 5,989 6,190 4,015 4,319 4,563 4,993
Net Debt 1 18,264 - 22,453 29,064 34,200 32,420 32,635 32,194
Reference price 2 22.70 24.30 18.60 18.20 17.00 16.00 16.00 16.00
Nbr of stocks (in thousands) 1,948,141 1,953,054 1,953,054 1,953,054 1,886,454 1,886,454 - -
Announcement Date 22/02/22 21/02/23 20/02/24 25/02/25 25/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.09x2.47x11.67x7.85% 886M
15.68x4.94x13.3x3.23% 44.6B
8.45x1.48x7.55x4.18% 29.72B
19.91x4.14x16.91x1.25% 29.33B
5.58x0.6x1.23x9.03% 26.66B
14.34x3.11x14.91x2.45% 25.48B
9.07x2.34x7.2x3.85% 21.38B
14.8x6.76x18.15x1.45% 20.76B
Average 11.86x 3.23x 11.36x 4.16% 24.85B
Weighted average by Cap. 12.85x 3.39x 11.40x 3.66%

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