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 6,928 - -
Change - 6.29% -5.89% -24.05% 28.33% - -
Enterprise Value (EV) 1 7,106 18,161 18,470 18,899 22,195 22,395 23,417
Change - 155.58% 1.7% 2.32% 17.44% 0.9% 4.56%
P/E 6.34x 6.72x 4.88x 5x 4.33x 4.31x 3.98x
PBR 1.26x 1.12x 0.91x 0.6x 0.63x 0.55x 0.52x
PEG - -1.47x 0.2x -0.2x 0.1x 10.23x 0.48x
Capitalization / Revenue 1.3x 1.12x 0.73x 0.59x 0.52x 0.49x 0.43x
EV / Revenue 1.3x 2.68x 1.89x 2.05x 1.67x 1.59x 1.47x
EV / EBITDA 4.06x 14.1x 9.12x 10.3x 7.7x 7.63x 6.76x
EV / EBIT 4.32x 15.9x 10x 11.6x 8.37x 8.01x 7.8x
EV / FCF -2.27x -3.8x 630x -9.38x 11.8x 10.3x 11.5x
FCF Yield -44% -26.3% 0.16% -10.7% 8.47% 9.66% 8.72%
Dividend per Share 2 0.5226 0.25 - - 0.73 0.725 0.785
Rate of return 6.3% 2.98% - - 9.48% 9.42% 10.2%
EPS 2 1.31 1.25 1.62 1.2 1.78 1.788 1.935
Distribution rate 39.9% 20% - - 41% 40.6% 40.6%
Net sales 1 5,483 6,770 9,792 9,226 13,302 14,073 15,944
EBITDA 1 1,751 1,292 2,025 1,837 2,882 2,934 3,462
EBIT 1 1,644 1,144 1,842 1,625 2,652 2,796 3,003
Net income 1 1,119 1,092 1,457 1,078 1,649 1,644 1,822
Net Debt 1 - 10,609 11,362 13,501 15,266 15,467 16,489
Reference price 2 8.300 8.400 7.900 6.000 7.700 7.700 7.700
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
62.72x - - - 66.92B
5.64x0.74x1.53x8.73% 27.58B
17.17x3.87x15.55x1.43% 26.45B
13.13x3.01x14.41x2.66% 24.18B
9.26x3.39x7.76x-.--% 21.81B
7.91x0.88x3.19x2.82% 20.24B
12.51x6.28x16.51x1.74% 17.89B
7.77x1.88x5.74x2.65% 17.62B
33.01x15.34x53.06x1.3% 17.1B
Average 18.79x 4.42x 14.72x 2.67% 26.64B
Weighted average by Cap. 26.74x 4.02x 13.54x 2.89%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Assetwise

Historical PBR trend

Valuation ratios - PBR - Assetwise

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Assetwise

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Assetwise


Year-on-year evolution of the Yield

Valuation ratios - Yield - Assetwise