Financials Bluebik Group

Equities

BBIK

THA448010001

IT Services & Consulting

End-of-day quote Thailand S.E. 18:00:00 2024-05-30 EDT 5-day change 1st Jan Change
31.5 THB -3.82% Intraday chart for Bluebik Group -6.67% -38.77%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 8,125 13,350 10,289 6,300 - -
Enterprise Value (EV) 1 7,865 13,350 10,289 5,679 5,640 5,361
P/E ratio 91.3 x 105 x 36.5 x 19.4 x 14.3 x 12.3 x
Yield 0.46% 0.3% - 1.61% 2.11% 2.36%
Capitalization / Revenue 26.8 x 23.7 x 7.83 x 4.06 x 3.42 x 2.94 x
EV / Revenue 25.9 x 23.7 x 7.83 x 3.66 x 3.06 x 2.5 x
EV / EBITDA 97.4 x 99.5 x 34.3 x 18.6 x 12.2 x 10.4 x
EV / FCF 107 x 310 x - -53.3 x 35.3 x 12.6 x
FCF Yield 0.94% 0.32% - -1.88% 2.84% 7.91%
Price to Book 11.1 x 21.1 x - 2.88 x 2.49 x 2.3 x
Nbr of stocks (in thousands) 183,700 183,700 200,017 200,015 - -
Reference price 2 44.23 72.67 51.44 31.50 31.50 31.50
Announcement Date 2/23/22 2/24/23 2/20/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 303.7 563.8 1,313 1,552 1,844 2,143
EBITDA 1 - 80.74 134.2 300.3 306 461.9 514.6
EBIT 1 - 76.88 128.3 279.3 289 433.3 484.4
Operating Margin - 25.32% 22.75% 21.27% 18.62% 23.5% 22.6%
Earnings before Tax (EBT) 1 - 80.22 149.1 336.1 295 449 494.7
Net income 1 44.29 66.49 127.1 278.6 325 440.7 511
Net margin - 21.9% 22.54% 21.21% 20.94% 23.9% 23.84%
EPS 2 0.5879 0.4845 0.6913 1.410 1.620 2.202 2.557
Free Cash Flow 1 - 73.57 43.01 - -106.5 160 424
FCF margin - 24.23% 7.63% - -6.86% 8.68% 19.78%
FCF Conversion (EBITDA) - 91.12% 32.05% - - 34.64% 82.39%
FCF Conversion (Net income) - 110.64% 33.84% - - 36.31% 82.97%
Dividend per Share 2 - 0.2041 0.2178 - 0.5075 0.6650 0.7433
Announcement Date 4/26/21 2/23/22 2/24/23 2/20/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 111.3 131.8 181.4 139.2 - 339.8 334.9 371.8 368.8 -
EBITDA - - - 31.51 - - - - - -
EBIT - 33.04 38.6 29.87 - 75.95 77.38 74.18 68.92 -
Operating Margin - 25.06% 21.28% 21.47% - 22.35% 23.1% 19.95% 18.69% -
Earnings before Tax (EBT) - 36.57 45.7 - - 88.15 85.37 97.22 78.86 -
Net income 1 28.06 32.21 36.37 30.45 58.26 67.02 75.75 77.53 68.99 60
Net margin 25.2% 24.43% 20.05% 21.88% - 19.73% 22.62% 20.85% 18.71% -
EPS - - 0.1960 0.1633 0.3048 0.3375 0.3811 0.3919 0.6300 -
Dividend per Share - - - - - - - - - -
Announcement Date 4/15/22 8/11/22 11/10/22 2/24/23 4/15/23 8/15/23 11/10/23 2/20/24 5/14/24 -
1THB in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - 260 - - 622 660 939
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 73.6 43 - -107 160 424
ROE (net income / shareholders' equity) - 20.3% 21.6% - 16.4% 18.6% 19%
ROA (Net income/ Total Assets) - 16.3% 17.4% - 13.1% 14.9% 15.4%
Assets 1 - 409.1 728.4 - 2,476 2,949 3,323
Book Value Per Share 2 - 3.980 3.440 - 11.00 12.70 13.70
Cash Flow per Share - - 0.2600 - - - -
Capex 1 - 7.05 5.64 - 25 15 60
Capex / Sales - 2.32% 1% - 1.61% 0.81% 2.8%
Announcement Date 4/26/21 2/23/22 2/24/23 2/20/24 - - -
1THB in Million2THB
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
31.5 THB
Average target price
49.75 THB
Spread / Average Target
+57.94%
Consensus
  1. Stock Market
  2. Equities
  3. BBIK Stock
  4. Financials Bluebik Group