Company Valuation: Assetwise

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,106 7,553 7,108 5,398 7,108 - -
Change - 6.29% -5.89% -24.05% 31.67% - -
Enterprise Value (EV) 1 7,106 18,161 18,470 18,899 23,428 22,550 23,597
Change - 155.58% 1.7% 2.32% 23.96% -3.75% 4.64%
P/E 6.34x 6.72x 4.88x 5x 4.67x 4.28x 4.08x
PBR 1.26x 1.12x 0.91x 0.6x 0.66x 0.56x 0.53x
PEG - -1.47x 0.2x -0.2x 0.1x 0.46x 0.86x
Capitalization / Revenue 1.3x 1.12x 0.73x 0.59x 0.56x 0.51x 0.45x
EV / Revenue 1.3x 2.68x 1.89x 2.05x 1.86x 1.6x 1.48x
EV / EBITDA 4.06x 14.1x 9.12x 10.3x 8.42x 7.58x 6.82x
EV / EBIT 4.32x 15.9x 10x 11.6x 9.29x 7.76x 7.86x
EV / FCF -2.27x -3.8x 630x -9.38x 12.5x 10.4x 11.6x
FCF Yield -44% -26.3% 0.16% -10.7% 8.02% 9.6% 8.65%
Dividend per Share 2 0.5226 0.25 - - 0.685 0.75 0.785
Rate of return 6.3% 2.98% - - 8.67% 9.49% 9.94%
EPS 2 1.31 1.25 1.62 1.2 1.69 1.848 1.935
Distribution rate 39.9% 20% - - 40.5% 40.6% 40.6%
Net sales 1 5,483 6,770 9,792 9,226 12,606 14,066 15,944
EBITDA 1 1,751 1,292 2,025 1,837 2,782 2,974 3,462
EBIT 1 1,644 1,144 1,842 1,625 2,522 2,907 3,003
Net income 1 1,119 1,092 1,457 1,078 1,594 1,699 1,822
Net Debt 1 - 10,609 11,362 13,501 16,320 15,442 16,489
Reference price 2 8.300 8.400 7.900 6.000 7.900 7.900 7.900
Nbr of stocks (in thousands) 856,121 899,121 899,745 899,745 899,745 - -
Announcement Date 2/23/23 2/23/24 2/21/25 2/23/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
4.7x1.86x8.44x8.62% 216M
55.36x - - - 59.8B
9.1x3.49x7.04x-.--% 22.62B
8x16.29x19.31x6.04% 20.55B
4.23x0.09x0.19x8.2% 14.38B
8.58x17.06x - 6.16% 8.51B
7.67x0.79x6.55x2.62% 5.7B
-1.96x1.55x-236.76x-.--% 5.33B
5.63x13.74x20.09x5.8% 4.55B
9.39x0.57x7.35x4.06% 4B
Average 11.07x 6.16x -20.97x 4.61% 14.57B
Weighted average by Cap. 26.86x 7.43x -7.03x 4.12%

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