Financials Bangkok Dec-Con

Equities

BKD

TH4748010006

Business Support Services

End-of-day quote Thailand S.E. 18:00:00 2024-05-16 EDT 5-day change 1st Jan Change
1.34 THB +5.51% Intraday chart for Bangkok Dec-Con +4.69% -21.64%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,444 2,906 2,045 2,325 2,540 1,840
Enterprise Value (EV) 1 3,214 2,697 1,926 1,928 2,168 1,585
P/E ratio 19.4 x 33.9 x -22.8 x 25.2 x 21.5 x 110 x
Yield 4.69% 3.7% - 2.31% 2.54% 2.92%
Capitalization / Revenue 2.96 x 3.88 x 4.68 x 5.31 x 3.29 x 2.22 x
EV / Revenue 2.76 x 3.6 x 4.41 x 4.41 x 2.81 x 1.91 x
EV / EBITDA 14.7 x 19.1 x -28.9 x 65.5 x 14.2 x 36.8 x
EV / FCF 9.95 x 41.2 x 34.3 x -17.9 x -10.2 x 5.76 x
FCF Yield 10% 2.43% 2.91% -5.58% -9.77% 17.4%
Price to Book 2.13 x 1.9 x 1.52 x 1.62 x 1.69 x 1.26 x
Nbr of stocks (in thousands) 1,076,210 1,076,210 1,076,210 1,076,210 1,076,211 1,076,211
Reference price 2 3.200 2.700 1.900 2.160 2.360 1.710
Announcement Date 19-02-25 20-02-28 21-02-25 22-02-25 23-02-23 24-02-22
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,163 748.3 436.9 437.6 772.1 828.4
EBITDA 1 219.2 141.5 -66.6 29.45 153 43.1
EBIT 1 205.9 127.5 -80.81 14.35 139.8 28.67
Operating Margin 17.71% 17.05% -18.5% 3.28% 18.1% 3.46%
Earnings before Tax (EBT) 1 212.8 107.3 -102.8 110.2 155.2 20.4
Net income 1 170.4 85.66 -89.82 92.43 123.7 16.76
Net margin 14.66% 11.45% -20.56% 21.12% 16.02% 2.02%
EPS 2 0.1650 0.0796 -0.0835 0.0859 0.1100 0.0156
Free Cash Flow 1 323 65.42 56.1 -107.6 -211.8 275.3
FCF margin 27.78% 8.74% 12.84% -24.59% -27.43% 33.23%
FCF Conversion (EBITDA) 147.36% 46.23% - - - 638.58%
FCF Conversion (Net income) 189.5% 76.37% - - - 1,641.95%
Dividend per Share 2 0.1500 0.1000 - 0.0500 0.0600 0.0500
Announcement Date 19-02-25 20-02-28 21-02-25 22-02-25 23-02-23 24-02-22
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 230 209 119 396 371 255
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 323 65.4 56.1 -108 -212 275
ROE (net income / shareholders' equity) 12.4% 5.45% -6.25% 6.65% 8.41% 1.13%
ROA (Net income/ Total Assets) 6.81% 4.01% -2.84% 0.51% 4.6% 0.91%
Assets 1 2,501 2,138 3,166 18,191 2,689 1,847
Book Value Per Share 2 1.500 1.420 1.250 1.330 1.400 1.350
Cash Flow per Share 2 0.0700 0.0700 0.0200 0.0400 0.2300 0.0200
Capex 1 17 18.4 20.7 29.8 110 25.5
Capex / Sales 1.46% 2.46% 4.74% 6.82% 14.22% 3.07%
Announcement Date 19-02-25 20-02-28 21-02-25 22-02-25 23-02-23 24-02-22
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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