Company Valuation: BEC World

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 28,200 20,200 9,760 7,800 3,780 3,700 - -
Change - -28.37% -51.68% -20.08% -51.54% -2.12% - -
Enterprise Value (EV) 1 26,482 18,240 8,944 5,384 280.8 853.4 3,700 3,700
Change - -31.12% -50.96% -39.8% -94.79% 203.93% 333.57% 0%
P/E 37.1x 33.7x 44.4x 78x 18.9x 21.8x 20.6x 23.1x
PBR 4.55x 3.24x 1.59x 1.28x 0.62x 0.58x 0.6x 0.59x
PEG - -1.6x -0.7x -1.4x 0x -1.5x 3.5x -2.1x
Capitalization / Revenue 4.96x 3.95x 2.1x 1.83x 0.95x 0.88x 0.99x 0.98x
EV / Revenue 4.66x 3.57x 1.92x 1.27x 0.07x 0.2x 0.99x 0.98x
EV / EBITDA 8.33x 6.66x 4.4x 3.25x 0.18x 0.53x 2.3x 2.37x
EV / EBIT 24.3x 22.1x 27x 34x 1.19x 4.03x 15.5x -
EV / FCF 7.39x 20.8x 4.69x 3.65x 0.2x 0.88x 2.42x -
FCF Yield 13.5% 4.82% 21.3% 27.4% 495% 114% 41.4% -
Dividend per Share 2 0.25 - 0.06 0.08 0.1 0.0886 0.065 0.04
Rate of return 1.77% - 1.23% 2.05% 5.29% 4.79% 3.51% 2.16%
EPS 2 0.38 0.3 0.11 0.05 0.1 0.085 0.09 0.08
Distribution rate 65.8% - 54.5% 160% 100% 104% 72.2% 50%
Net sales 1 5,680 5,115 4,653 4,251 3,980 4,186 3,734 3,781
EBITDA 1 3,179 2,739 2,035 1,655 1,587 1,616 1,610 1,559
EBIT 1 1,090 824.4 331.2 158.4 235.7 212 239 -
Net income 1 761.6 607 210 96.28 205.8 178.5 176.5 169
Net Debt 1 -1,718 -1,960 -815.8 -2,416 -3,499 -2,847 - -
Reference price 2 14.100 10.100 4.880 3.900 1.890 1.850 1.850 1.850
Nbr of stocks (in thousands) 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 - -
Announcement Date 2/18/22 2/24/23 2/23/24 2/21/25 2/20/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22x0.21x0.55x4.74% 111M
19.6x2.28x10.22x1.35% 193B
11.27x1.55x6.66x0.86% 26.66B
9.15x2.16x7.03x3.98% 9.15B
17.97x1.91x20.43x1.68% 5.78B
16.26x0.76x6.08x7.33% 5.26B
5.29x2.02x5.67x4.38% 5.21B
12.95x1.09x8.2x1.52% 4.6B
7.62x0.98x3.14x4.02% 4.42B
43.42x - - 2.06% 4.15B
Average 16.55x 1.44x 7.55x 3.19% 25.82B
Weighted average by Cap. 18.04x 2.11x 9.62x 1.64%

Y-o-Y evolution of P/E

Valuation ratios - P/E - BEC World

Historical PBR trend

Valuation ratios - PBR - BEC World

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - BEC World

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - BEC World


Year-on-year evolution of the Yield

Valuation ratios - Yield - BEC World