Company Valuation: Cal-Comp Electronics (Thailand)

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 21,736 105,545 47,234 101,365 - -
Change - 385.58% -55.25% 114.6% - -
Enterprise Value (EV) 1 21,736 118,219 60,552 115,785 113,637 109,826
Change - 443.88% -48.78% 91.22% -1.86% -3.35%
P/E 12.2x 40.4x 22.6x 34.6x 29.2x 25.5x
PBR - - 1.91x 3.88x 3.81x 3.59x
PEG - 0.9x -1.1x 0.9x 1.6x 1.8x
Capitalization / Revenue - 0.71x 0.39x 0.73x 0.65x 0.58x
EV / Revenue - 0.8x 0.5x 0.84x 0.73x 0.63x
EV / EBITDA - 20.1x 12.4x 18.8x 16.2x 14.1x
EV / EBIT - 35x 21.7x 30.4x 25.7x 22x
EV / FCF - 14.3x 126x 23.5x 28.9x 36.6x
FCF Yield - 6.98% 0.79% 4.25% 3.46% 2.73%
Dividend per Share 2 - 0.2 0.23 0.22 0.242 0.2433
Rate of return - 1.98% 5.09% 2.27% 2.49% 2.51%
EPS 2 0.17 0.25 0.2 0.28 0.332 0.38
Distribution rate - 80% 115% 78.6% 72.9% 64%
Net sales 1 - 147,733 120,220 137,937 155,825 175,537
EBITDA 1 - 5,873 4,871 6,173 7,024 7,805
EBIT 1 - 3,373 2,788 3,808 4,426 4,996
Net income 1 1,116 2,603 2,044 2,936 3,621 4,189
Net Debt 1 - 12,674 13,318 14,420 12,272 8,461
Reference price 2 2.080 10.100 4.520 9.700 9.700 9.700
Nbr of stocks (in thousands) 10,450,003 10,450,003 10,450,003 10,450,003 - -
Announcement Date 2/27/24 2/27/25 2/26/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.11x1.81x14.35x0.49% 334B
23.26x9.37x16.88x0.37% 181B
19.08x1.86x9.44x1.04% 72.3B
16.6x0.42x7.66x1.93% 48.32B
38.72x23.73x29.39x1.15% 40.4B
32.14x5.59x19.04x1.29% 40.83B
12.86x0.57x6.92x3.76% 28.79B
12.57x0.66x9.81x5.35% 22.73B
27.83x2.86x18.47x2.65% 21.38B
Average 22.69x 5.21x 14.66x 2% 87.71B
Weighted average by Cap. 22.25x 4.73x 14.79x 0.99%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  5. Valuation Cal-Comp Electronics (Thailand)