Company Valuation: Do Day Dream

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 5,754 5,531 5,054 3,084 2,702 1,819
Change - -3.87% -8.62% -38.99% -12.37% -32.68%
Enterprise Value (EV) 1 2,243 2,465 2,004 237.3 -121.1 -984.8
Change - 9.92% -18.69% -88.16% -151.01% -713.33%
P/E 34x 68x 50.1x -98.5x 112x 26x
PBR 1.22x 1.18x 1.08x 0.68x 0.6x 0.4x
PEG - -1.3x 2.1x 1x -1x 0x
Capitalization / Revenue 5.72x 3.9x 3.13x 1.94x 1.86x 1.35x
EV / Revenue 2.23x 1.74x 1.24x 0.15x -0.08x -0.73x
EV / EBITDA -8.03x 31.7x 9.95x 3.34x -3.53x -12.1x
EV / EBIT -6.94x 69.1x 12.3x 6.9x 143x -20.8x
EV / FCF -11.7x -11x 17.6x -15.9x -9.33x -36.2x
FCF Yield -8.58% -9.08% 5.69% -6.29% -10.7% -2.77%
Dividend per Share 2 0.858 0.35 0.3 - 0.155 0.18
Rate of return 4.74% 2.01% 1.89% - 1.82% 3.13%
EPS 2 0.5324 0.2558 0.3176 -0.0984 0.0761 0.221
Distribution rate 161% 137% 94.5% - 204% 81.4%
Net sales 1 1,005 1,417 1,616 1,591 1,453 1,345
EBITDA 1 -279.4 77.77 201.5 71 34.29 81.41
EBIT 1 -323 35.68 162.8 34.4 -0.8496 47.24
Net income 1 169.3 81.32 101 -31.29 24.2 70.02
Net Debt 1 -3,511 -3,066 -3,050 -2,846 -2,823 -2,804
Reference price 2 18.100 17.400 15.900 9.700 8.500 5.750
Nbr of stocks (in thousands) 317,888 317,888 317,888 317,888 317,888 316,373
Announcement Date 2/25/21 2/25/22 2/24/23 2/23/24 2/21/25 2/23/26
1THB in Million2THB
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 48.44M
21.04x4.06x14.83x3.04% 336B
18.24x2.74x12.09x3.5% 137B
24.77x3.71x15.57x2.33% 72.61B
41.79x6.73x29.21x2.21% 49.48B
34.36x2.62x14.35x1.55% 36.88B
20.05x2.8x11.7x4.44% 36.61B
23.25x1.7x10.89x2.2% 20.24B
15.78x1.52x8.7x3.35% 19.58B
39.98x5.64x27.62x1.79% 9.98B
Average 26.59x 3.50x 16.11x 2.71% 71.91B
Weighted average by Cap. 23.13x 3.71x 15.09x 2.96%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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