Financials E for L Aim

Equities

EFORL

TH1001B10Z09

Advanced Medical Equipment & Technology

End-of-day quote Thailand S.E. 18:00:00 2024-05-13 EDT 5-day change 1st Jan Change
0.2 THB 0.00% Intraday chart for E for L Aim +5.26% -20.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,933 1,289 1,933 7,996 1,359 999.6
Enterprise Value (EV) 1 3,367 2,555 2,949 8,521 1,699 1,377
P/E ratio -8.2 x -4.73 x -6.36 x 9.08 x 25.6 x 74.4 x
Yield - - - - - -
Capitalization / Revenue 0.94 x 0.67 x 1.16 x 3.69 x 0.91 x 0.76 x
EV / Revenue 1.63 x 1.33 x 1.77 x 3.94 x 1.14 x 1.05 x
EV / EBITDA 73.8 x -27.5 x 27.7 x 27.6 x 15.6 x 20 x
EV / FCF -6.17 x 34.3 x 7.96 x -17.8 x 8.66 x 342 x
FCF Yield -16.2% 2.92% 12.6% -5.61% 11.5% 0.29%
Price to Book 4.37 x 3.98 x 2.63 x 20.4 x 2.68 x 1.91 x
Nbr of stocks (in thousands) 3,221,685 3,221,685 3,222,003 3,997,865 3,997,865 3,998,477
Reference price 2 0.6000 0.4000 0.6000 2.000 0.3400 0.2500
Announcement Date 3/7/19 3/4/20 3/1/21 2/27/22 2/24/23 2/29/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,060 1,921 1,667 2,165 1,492 1,310
EBITDA 1 45.62 -92.84 106.4 309.2 108.7 68.82
EBIT 1 -55.01 -175.1 35.83 267.3 77.79 36.52
Operating Margin -2.67% -9.11% 2.15% 12.35% 5.21% 2.79%
Earnings before Tax (EBT) 1 -355.9 -640.4 -741.9 777.9 55.72 13.63
Net income 1 -166.3 -272.7 -303.8 812 53.04 13.43
Net margin -8.07% -14.19% -18.23% 37.5% 3.55% 1.03%
EPS 2 -0.0731 -0.0846 -0.0943 0.2202 0.0133 0.003358
Free Cash Flow 1 -545.5 74.6 370.3 -477.9 196.1 4.024
FCF margin -26.48% 3.88% 22.21% -22.07% 13.14% 0.31%
FCF Conversion (EBITDA) - - 347.94% - 180.37% 5.85%
FCF Conversion (Net income) - - - - 369.71% 29.96%
Dividend per Share - - - - - -
Announcement Date 3/7/19 3/4/20 3/1/21 2/27/22 2/24/23 2/29/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,434 1,267 1,015 525 339 378
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 31.44 x -13.64 x 9.541 x 1.697 x 3.122 x 5.49 x
Free Cash Flow 1 -545 74.6 370 -478 196 4.02
ROE (net income / shareholders' equity) -378% -686% 151% -446% 11.8% 2.6%
ROA (Net income/ Total Assets) -0.97% -3.87% 1.12% 10.3% 3.02% 1.57%
Assets 1 17,181 7,053 -27,138 7,858 1,757 856.7
Book Value Per Share 2 0.1400 0.1000 0.2300 0.1000 0.1300 0.1300
Cash Flow per Share 2 0.0200 0.0100 0 0.0300 0.0400 0.0100
Capex 1 18.9 51.9 16.1 20.2 11.2 37.7
Capex / Sales 0.92% 2.7% 0.97% 0.93% 0.75% 2.88%
Announcement Date 3/7/19 3/4/20 3/1/21 2/27/22 2/24/23 2/29/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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