Company Valuation: CK Power

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 40,647 37,070 26,502 26,014 19,673 18,860 - -
Change - -8.8% -28.51% -1.84% -24.37% -4.13% - -
Enterprise Value (EV) 1 40,647 61,674 48,257 47,682 42,038 40,399 39,927 43,258
Change - 51.73% -21.75% -1.19% -11.84% -3.9% -1.17% 8.34%
P/E 18.7x 15.2x 18.1x 18.8x 7.08x 11.3x 9.9x 8.47x
PBR 1.64x 1.4x 0.97x 0.93x 0.64x 0.6x 0.58x 0.55x
PEG - 1.3x -0.5x -3.38x 0x -0.3x 0.7x 0.5x
Capitalization / Revenue 4.62x 3.4x 2.58x 2.55x 1.95x 1.87x 1.9x 1.88x
EV / Revenue 4.62x 5.66x 4.69x 4.67x 4.16x 4.01x 4.01x 4.32x
EV / EBITDA 12.1x 18.1x 12.7x 10.7x 9.7x 11.9x 10.6x 11.7x
EV / EBIT 22.8x 33.5x 21.7x 16.6x 18x 15.5x 15x 20x
EV / FCF 11.2x 18.8x 11.8x 11.7x 8.79x 13.1x 12x 12.3x
FCF Yield 8.9% 5.31% 8.45% 8.53% 11.4% 7.62% 8.36% 8.15%
Dividend per Share 2 0.08 - 0.085 0.085 0.085 0.0897 0.0911 0.0916
Rate of return 1.6% - 2.61% 2.66% 3.51% 3.87% 3.93% 3.95%
EPS 2 0.268 0.3 0.18 0.17 0.342 0.205 0.2343 0.274
Distribution rate 29.9% - 47.2% 50% 24.9% 43.8% 38.9% 33.4%
Net sales 1 8,798 10,904 10,286 10,212 10,106 10,082 9,952 10,023
EBITDA 1 3,354 3,411 3,791 4,448 4,336 3,393 3,762 3,686
EBIT 1 1,783 1,839 2,223 2,879 2,336 2,606 2,654 2,163
Net income 1 2,179 2,436 1,462 1,345 2,782 1,671 1,937 2,158
Net Debt 1 - 24,604 21,756 21,668 22,365 21,538 21,067 24,398
Reference price 2 5.000 4.560 3.260 3.200 2.420 2.320 2.320 2.320
Nbr of stocks (in thousands) 8,129,383 8,129,383 8,129,383 8,129,383 8,129,383 8,129,383 - -
Announcement Date 2/21/22 2/20/23 2/20/24 2/20/25 2/23/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.32x4.01x11.91x3.87% 562M
32.97x5.51x40.24x0.2% 267B
19.43x8.68x15.14x3.18% 163B
20.85x4.3x11.83x3.38% 157B
19.73x11.09x14.48x3.55% 107B
23.62x3.52x14.3x0.58% 105B
19.79x5.8x12.73x3.45% 101B
12.33x1.83x6.5x5.73% 100B
17.49x5.49x11.03x3.69% 92.15B
19.53x5.16x12.48x3.06% 68.4B
Average 19.71x 5.54x 15.06x 3.07% 116.1B
Weighted average by Cap. 22.41x 5.81x 18.90x 2.6%

Y-o-Y evolution of P/E

Valuation ratios - P/E - CK Power

Historical PBR trend

Valuation ratios - PBR - CK Power

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - CK Power

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - CK Power


Year-on-year evolution of the Yield

Valuation ratios - Yield - CK Power