Financials Ekachai Medical Care

Equities

EKH

TH7344010007

Healthcare Facilities & Services

End-of-day quote Thailand S.E. 18:00:00 2024-05-09 EDT 5-day change 1st Jan Change
7.25 THB -1.36% Intraday chart for Ekachai Medical Care -4.73% +1.80%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,020 2,958 4,380 5,737 5,184 5,278 - -
Enterprise Value (EV) 1 4,020 2,958 4,203 4,961 5,184 4,059 4,252 4,920
P/E ratio 24.8 x 41.3 x 12.7 x 10.4 x 18 x 19.1 x 17.8 x 18.6 x
Yield - 2.21% 3.42% 3.76% - 3.23% 3.36% 3.9%
Capitalization / Revenue - 4.58 x 3.82 x 5.47 x 4.29 x 4.16 x 3.92 x 3.51 x
EV / Revenue - 4.58 x 3.67 x 4.73 x 4.29 x 3.2 x 3.16 x 3.28 x
EV / EBITDA - 21.9 x 9.43 x 15.6 x 12.9 x 8.19 x 7.91 x 8.24 x
EV / FCF - 477 x 14.5 x 21.1 x - 12.7 x 27.3 x -46 x
FCF Yield - 0.21% 6.89% 4.74% - 7.9% 3.67% -2.17%
Price to Book - - 4.05 x 3 x - 2.31 x 2.2 x 2.15 x
Nbr of stocks (in thousands) 655,590 649,034 655,590 709,061 727,945 727,945 - -
Reference price 2 6.132 4.558 6.681 8.090 7.122 7.250 7.250 7.250
Announcement Date 20-02-27 21-02-25 22-02-24 23-02-27 24-02-29 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 645.8 1,146 1,049 1,209 1,270 1,347 1,502
EBITDA 1 - 135 445.8 318.9 401.1 495.7 537.7 597
EBIT 1 - 65.36 370.5 242.2 315.5 371.3 394.7 425
Operating Margin - 10.12% 32.32% 23.1% 26.1% 29.25% 29.29% 28.3%
Earnings before Tax (EBT) 1 - 79.59 424.8 685.7 372.8 383.7 407 426
Net income 1 160.9 72.1 344.8 550.9 297.3 309.7 328.7 336
Net margin - 11.17% 30.08% 52.54% 24.6% 24.39% 24.39% 22.37%
EPS 2 0.2471 0.1103 0.5252 0.7759 0.3950 0.3805 0.4065 0.3902
Free Cash Flow 1 - 6.197 289.4 235.3 - 320.5 156 -107
FCF margin - 0.96% 25.24% 22.44% - 25.24% 11.58% -7.12%
FCF Conversion (EBITDA) - 4.59% 64.91% 73.8% - 64.66% 29.01% -
FCF Conversion (Net income) - 8.59% 83.91% 42.71% - 103.5% 47.46% -
Dividend per Share 2 - 0.1007 0.2288 0.3046 - 0.2342 0.2439 0.2829
Announcement Date 20-02-27 21-02-25 22-02-24 23-02-27 24-02-29 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 - 410.9 270.1 275.5 246.9 280.5 250.8 310.4 332.7 316.1 313.2
EBITDA 1 - 210.7 82.32 108.3 74.06 96.16 40.38 40.4 119.9 121.9 109.1
EBIT 1 - 191.5 63.16 89.98 55.59 76.93 19.68 19.41 97.87 99.53 86.9
Operating Margin - 46.61% 23.38% 32.66% 22.51% 27.42% 7.85% 6.25% 29.41% 31.49% 27.75%
Earnings before Tax (EBT) 1 - 193.4 110.1 92.24 60.88 93.31 439.3 32.82 115.9 - 120
Net income 1 99.44 155.8 89.57 74.45 48.75 76.04 351.6 26.1 93.16 99.67 44
Net margin - 37.92% 33.16% 27.02% 19.74% 27.11% 140.21% 8.41% 28% 31.53% 14.05%
EPS 0.1584 0.2379 0.1336 0.1047 0.0707 - - - - - -
Dividend per Share - - - - - - - - - - -
Announcement Date 21-08-10 21-11-10 22-02-24 22-05-12 22-08-11 22-11-11 23-02-27 23-08-09 23-11-14 24-02-29 -
1THB in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - - 177 776 - 1,219 1,026 358
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 6.2 289 235 - 321 156 -107
ROE (net income / shareholders' equity) - 8.28% 36.1% 36.8% - 13.7% 13.5% 14.3%
ROA (Net income/ Total Assets) - 6.88% 29.5% 30.8% - 11.7% 11% -
Assets 1 - 1,048 1,167 1,790 - 2,658 2,988 -
Book Value Per Share 2 - - 1.650 2.690 - 3.140 3.300 3.370
Cash Flow per Share 2 - - 0.5700 0.4600 - 0.4400 0.4700 -
Capex 1 - 79.1 82.4 93 - 164 319 581
Capex / Sales - 12.25% 7.19% 8.87% - 12.92% 23.68% 38.68%
Announcement Date 20-02-27 21-02-25 22-02-24 23-02-27 24-02-29 - - -
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
BUY
Number of Analysts
3
Last Close Price
7.25 THB
Average target price
9.659 THB
Spread / Average Target
+33.22%
Consensus
  1. Stock Market
  2. Equities
  3. EKH Stock
  4. Financials Ekachai Medical Care
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