Company Valuation: WHA Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 52,613 60,983 79,218 82,208 49,026 71,745 - -
Change - 15.91% 29.9% 3.77% -40.36% 46.34% - -
Enterprise Value (EV) 1 87,823 82,513 106,619 112,505 94,867 119,682 120,786 122,356
Change - -6.05% 29.22% 5.52% -15.68% 26.16% 0.92% 1.3%
P/E 20.3x 15.1x 17.9x 18.9x 9.55x 14.2x 12.6x 13.2x
PBR 1.72x 1.9x 2.37x 2.36x 1.33x 1.84x 1.73x 1.67x
PEG - 0.3x 1.91x -12.72x 0.5x -9.46x 1x -3.17x
Capitalization / Revenue 5.05x 4.44x 5.33x 7.25x 3.21x 4.48x 3.9x 3.71x
EV / Revenue 8.43x 6.01x 7.17x 9.93x 6.21x 7.47x 6.56x 6.34x
EV / EBITDA 23.3x 17.3x 19.3x 22.2x 15.9x 18x 15.5x 15.6x
EV / EBIT 27.9x 19.9x 22.2x 27.1x 19.2x 21.2x 18x 18x
EV / FCF 46.3x 28.7x 29.9x 142x -124x 20.9x 17.9x 20.8x
FCF Yield 2.16% 3.49% 3.35% 0.71% -0.81% 4.78% 5.58% 4.81%
Dividend per Share 2 0.02 - 0.1839 0.1906 - 0.2083 0.226 0.2287
Rate of return 0.57% - 3.47% 3.47% - 4.34% 4.71% 4.76%
EPS 2 0.1733 0.2707 0.2961 0.2917 0.3436 0.3384 0.3807 0.3648
Distribution rate 11.5% - 62.1% 65.3% - 61.5% 59.4% 62.7%
Net sales 1 10,417 13,729 14,875 11,335 15,265 16,026 18,399 19,313
EBITDA 1 3,770 4,765 5,513 5,065 5,964 6,656 7,773 7,854
EBIT 1 3,150 4,155 4,803 4,150 4,935 5,636 6,702 6,782
Net income 1 2,590 4,046 4,426 4,359 5,135 5,091 5,639 5,413
Net Debt 1 35,211 21,530 27,401 30,297 45,842 47,937 49,041 50,611
Reference price 2 3.520 4.080 5.300 5.500 3.280 4.800 4.800 4.800
Nbr of stocks (in thousands) 14,946,835 14,946,835 14,946,835 14,946,835 14,946,835 14,946,835 - -
Announcement Date 24/02/22 23/02/23 23/02/24 21/02/25 26/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.18x7.47x17.98x4.34% 2.14B
6.19x16.15x20.26x5.58% 7.29B
11.29x12.51x15.63x2.42% 3.05B
10.68x - - - 1.63B
9.12x3.44x8.92x4.12% 1.18B
12.98x15.28x17.74x1.24% 916M
8.94x11.58x23.1x-.--% 713M
12.43x16.33x18.59x4.34% 642M
11.13x12.7x17.35x-.--% 532M
Average 10.77x 11.93x 17.45x 2.75% 2.01B
Weighted average by Cap. 9.41x 13.09x 18.12x 4.02%

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

  1. Stock Market
  2. Stocks
  3. WHA Stock
  4. Valuation WHA Corporation