Valuation Thai Optical Group

Stocks

End-of-day quote Thailand S.E. 31/08/2026			5-day change	1st Jan Change
7.050 ^THB	-0.70%		-0.70%	+6.02%

08-03	Thai Optical Group Public Company Limited Declares Cash Dividend for the Operating Period from 01 January 2026 to 30 June 2026, Payable on 02 September 2026	CI
08-03	Thai Optical Group Public Company Limited Announces Board Changes, Effective from 3 August 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	1,717	4,933	4,553	5,597	4,648	3,154
Change	-	187.29%	-7.69%	22.92%	-16.95%	-32.14%
Enterprise Value (EV) ¹	1,996	5,325	4,942	6,720	5,994	4,516
Change	-	166.81%	-7.18%	35.97%	-10.8%	-24.66%
P/E	25x	15.9x	11.3x	13.1x	11.3x	9.43x
PBR	0.95x	2.52x	2.15x	2.5x	1.99x	1.28x
PEG	-	0x	0.4x	2.4x	-3.58x	-0.5x
Capitalization / Revenue	0.93x	2.04x	1.54x	1.86x	1.32x	0.88x
EV / Revenue	1.08x	2.2x	1.67x	2.23x	1.71x	1.26x
EV / EBITDA	8.44x	11.5x	8.45x	10.4x	8.38x	6.59x
EV / EBIT	33.9x	18.3x	11.9x	13.7x	11.9x	10.9x
EV / FCF	12.7x	-48.5x	48.8x	-11.2x	-509x	46.3x
FCF Yield	7.86%	-2.06%	2.05%	-8.91%	-0.2%	2.16%
Dividend per Share ²	0.12	0.56	0.6	0.65	0.45	0.5
Rate of return	3.31%	5.38%	6.25%	5.51%	4.59%	7.52%
EPS ²	0.145	0.6538	0.8509	0.8974	0.8691	0.7051
Distribution rate	82.8%	85.6%	70.5%	72.4%	51.8%	70.9%
Net sales ¹	1,849	2,417	2,959	3,012	3,515	3,591
EBITDA ¹	236.4	464	584.7	644.9	715.4	685.6
EBIT ¹	58.84	291.7	415.9	489.2	505.7	414.2
Net income ¹	68.78	310.1	403.6	425.7	412.2	334.5
Net Debt ¹	278.6	391.7	388.8	1,123	1,346	1,362
Reference price ²	3.620	10.400	9.600	11.800	9.800	6.650
Nbr of stocks (in thousands)	474,318	474,318	474,318	474,318	474,318	474,318
Announcement Date	17/02/21	17/02/22	15/02/23	14/02/24	28/02/25	17/02/26

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
THAI OPTICAL GROUP	-	-	-	-	101M
ABBOTT LABORATORIES	31.66x	4.27x	16.42x	2.33%	191B
MEDTRONIC PLC	20.41x	3.54x	12.48x	3.28%	116B
CENCORA, INC.	17.72x	0.21x	12.93x	0.74%	61.75B
BECTON, DICKINSON AND COMPANY	36.25x	3.48x	11.93x	2.09%	51.24B
HOYA CORPORATION	30.15x	7.44x	19.2x	1.32%	51.51B
DEXCOM, INC.	36.5x	6.42x	20.17x	-.--%	34.36B
MEDLINE INC.	45.98x	1.3x	12.01x	0.17%	30.73B
WEST PHARMACEUTICAL SERVICES, INC.	39.78x	6.96x	24.99x	0.26%	24.01B
TERUMO CORPORATION	19.43x	3x	10.94x	1.48%	23.23B
Average	30.88x	4.07x	15.68x	1.3%	58.39B
Weighted average by Cap.	29.11x	3.94x	15.24x	1.87%