Financials BG Container Glass

Equities

BGC

TH8777010001

Non-Paper Containers & Packaging

End-of-day quote Thailand S.E. 18:00:00 2024-04-25 EDT 5-day change 1st Jan Change
6.95 THB -0.71% Intraday chart for BG Container Glass +0.72% -10.32%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 9,444 7,153 7,361 6,944 5,382 4,826 -
Enterprise Value (EV) 1 9,444 16,665 16,495 15,383 5,382 4,826 4,826
P/E ratio - 13.9 x 14.1 x 13.7 x 16.5 x 13.4 x -
Yield - 4.47% 4.53% 4.4% - 4.32% 4.6%
Capitalization / Revenue 0.84 x 0.65 x 0.59 x 0.48 x 0.36 x 0.33 x 0.31 x
EV / Revenue 0.84 x 0.65 x 0.59 x 0.48 x 0.36 x 0.33 x 0.31 x
EV / EBITDA 4.29 x 2.77 x 2.87 x 3.26 x 2.36 x 2.12 x 2.07 x
EV / FCF - 5.94 x 5.73 x 12.2 x - 3.83 x 3.91 x
FCF Yield - 16.8% 17.5% 8.21% - 26.1% 25.6%
Price to Book - 1.4 x 1.68 x 1.54 x - - -
Nbr of stocks (in thousands) 694,444 694,444 694,444 694,444 694,444 694,444 -
Reference price 2 13.60 10.30 10.60 10.00 7.750 6.950 6.950
Announcement Date 20-02-27 21-02-18 22-02-22 23-02-23 24-02-29 - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 11,252 10,968 12,497 14,383 15,005 14,684 15,401
EBITDA 1 2,199 2,580 2,567 2,128 2,279 2,279 2,329
EBIT 813.3 880.6 839.3 655.2 683.8 - -
Operating Margin 7.23% 8.03% 6.72% 4.56% 4.56% - -
Earnings before Tax (EBT) - 569.6 634.2 536.9 412.1 - -
Net income 1 511.6 516.4 523.4 506.6 324.4 358 409
Net margin 4.55% 4.71% 4.19% 3.52% 2.16% 2.44% 2.66%
EPS 2 - 0.7400 0.7500 0.7300 0.4700 0.5200 -
Free Cash Flow 1 - 1,204 1,285 570.5 - 1,260 1,234
FCF margin - 10.97% 10.28% 3.97% - 8.58% 8.01%
FCF Conversion (EBITDA) - 46.65% 50.05% 26.81% - 55.29% 52.98%
FCF Conversion (Net income) - 233.08% 245.5% 112.6% - 351.96% 301.71%
Dividend per Share 2 - 0.4600 0.4800 0.4400 - 0.3000 0.3200
Announcement Date 20-02-27 21-02-18 22-02-22 23-02-23 24-02-29 - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 5,210 6,531 - 3,388 3,039 3,798 3,814 3,511 3,417 4,263
EBITDA 1 1,304 1,386 - 490 503.3 489.8 495.6 556.9 584.4 639.5
EBIT 1 473.8 530.7 - 117.5 129.4 125.6 - 167.7 174.8 209
Operating Margin 9.09% 8.13% - 3.47% 4.26% 3.31% - 4.78% 5.11% 4.9%
Earnings before Tax (EBT) 312.1 - - - 101.6 69.18 - 100.3 - -
Net income 1 240.8 - 216.8 107.9 96.75 85.15 75.5 70.61 76.98 101.4
Net margin 4.62% - - 3.19% 3.18% 2.24% 1.98% 2.01% 2.25% 2.38%
EPS 0.3500 - 0.3100 0.1600 - - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 20-08-13 21-08-11 22-05-12 22-08-09 22-11-09 23-02-23 23-05-15 23-08-16 23-11-14 24-02-29
1THB in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - 9,513 9,134 8,438 - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - 3.686 x 3.558 x 3.965 x - - -
Free Cash Flow 1 - 1,204 1,285 570 - 1,260 1,234
ROE (net income / shareholders' equity) 10.5% 10.3% 10.6% 11.4% - 7.2% 7.9%
ROA (Net income/ Total Assets) 3.19% 2.9% 2.65% 2.91% - - -
Assets 1 16,062 17,807 19,726 17,382 - - -
Book Value Per Share - 7.360 6.310 6.510 - - -
Cash Flow per Share - 2.770 3.110 - - - -
Capex 1 1,748 723 887 1,388 - 600 600
Capex / Sales 15.53% 6.59% 7.1% 9.65% - 4.09% 3.9%
Announcement Date 20-02-27 21-02-18 22-02-22 23-02-23 24-02-29 - -
1THB in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
6.95 THB
Average target price
8.2 THB
Spread / Average Target
+17.99%
Consensus
  1. Stock Market
  2. Equities
  3. BGC Stock
  4. Financials BG Container Glass