Company Valuation: Thaicom

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,386 15,784 14,469 13,920 9,481 9,810 - -
Change - 27.43% -8.33% -3.79% -31.89% 3.47% - -
Enterprise Value (EV) 1 13,323 12,092 12,925 13,429 9,879 10,537 13,796 9,810
Change - -9.24% 6.89% 3.9% -26.44% 6.67% 30.93% -28.89%
P/E 86.9x 360x 41.3x -635x 216x 168x 103x 38.1x
PBR 1.11x 1.5x 1.41x 1.39x 0.94x 0.98x 0.97x -
PEG - -5.2x 0x 6x -1x 5x 1.6x 0x
Capitalization / Revenue 3.75x 5.1x 5.51x 5.77x 3.83x 4.75x 3.4x 3.45x
EV / Revenue 4.03x 3.91x 4.92x 5.57x 3.99x 5.1x 4.78x 3.45x
EV / EBITDA 11.2x 10.9x 14.4x 23.2x 12.2x 15.7x 13.3x 8.4x
EV / EBIT 193x 24.9x 51.9x -637x 76x -43.4x 178x 27.5x
EV / FCF 11.6x 6.23x -27.8x -11x -6.86x -10.5x -5.04x 14.2x
FCF Yield 8.65% 16.1% -3.59% -9.06% -14.6% -9.55% -19.9% 7.05%
Dividend per Share 2 - 0.5 0.13 - - - 0.05 -
Rate of return - 3.47% 0.98% - - - 0.56% -
EPS 2 0.13 0.04 0.32 -0.02 0.04 0.0533 0.0867 0.235
Distribution rate - 1,250% 40.6% - - - 57.7% -
Net sales 1 3,303 3,096 2,627 2,413 2,474 2,066 2,889 2,846
EBITDA 1 1,189 1,107 899 579.9 809.4 671.7 1,037 1,168
EBIT 1 69.19 486.3 249 -21.09 130 -243 77.5 357
Net income 1 143.6 42.21 353.6 -22.84 40 60.33 95.67 262
Net Debt 1 936.8 -3,692 -1,543 -491.6 397.3 727 3,986 -
Reference price 2 11.300 14.400 13.200 12.700 8.650 8.950 8.950 8.950
Nbr of stocks (in thousands) 1,096,102 1,096,102 1,096,102 1,096,102 1,096,102 1,096,102 - -
Announcement Date 04/02/22 10/02/23 08/02/24 07/02/25 10/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
606.87x37.06x73.98x - 1,830B
14.03x2.61x6.61x2.67% 166B
33.89x5.44x22.57x0.25% 162B
10.69x2.25x6.05x5.18% 144B
30.69x5.56x9.75x1.69% 129B
7.89x1.36x4.93x5.71% 82.45B
18.48x2.14x8.1x3.77% 71.3B
14.17x2.33x7.62x2.96% 68.56B
13.35x1.42x4.82x3.4% 36.74B
Average 83.34x 6.68x 16.05x 3.21% 298.91B
Weighted average by Cap. 418.98x 26.26x 53.50x 2.92%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Thaicom

Historical PBR trend

Valuation ratios - PBR - Thaicom

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Thaicom

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Thaicom


Year-on-year evolution of the Yield

Valuation ratios - Yield - Thaicom