Company Valuation: EMC

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,518 2,277 1,096 759.1 879.9 377.1
Change - 50% -51.85% -30.77% 15.93% -57.14%
Enterprise Value (EV) 1 1,868 2,556 1,633 1,497 1,475 692.1
Change - 36.83% -36.1% -8.34% -1.49% -53.07%
P/E 26.1x -26.6x -3.23x -1.36x -15x -0.87x
PBR 0.74x 1.15x 0.67x 0.7x 0.67x 0.43x
PEG - 0x -0x -0x 0.2x -0x
Capitalization / Revenue 1.06x 2.08x 1.63x 1.78x 0.92x 0.51x
EV / Revenue 1.3x 2.33x 2.43x 3.51x 1.54x 0.94x
EV / EBITDA 21.2x -54.5x -5.66x -3.01x -18.9x -1.97x
EV / EBIT 44.9x -28.2x -4.82x -2.75x -12.5x -1.78x
EV / FCF 7.39x -97.8x -23.2x -8.37x -6.82x 1.81x
FCF Yield 13.5% -1.02% -4.3% -12% -14.7% 55.3%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.006899 -0.0102 -0.0402 -0.0663 -0.004681 -0.0344
Distribution rate - - - - - -
Net sales 1 1,433 1,097 670.9 426.3 957 735
EBITDA 1 88.16 -46.92 -288.8 -498.2 -78.02 -351.1
EBIT 1 41.57 -90.64 -338.8 -543.7 -118.2 -389.6
Net income 1 59.09 -85.71 -339 -558.9 -50.36 -432.2
Net Debt 1 350 279.1 537 738.1 594.9 315
Reference price 2 0.1800 0.2700 0.1300 0.0900 0.0700 0.0300
Nbr of stocks (in thousands) 8,433,755 8,433,755 8,433,780 8,434,049 12,570,633 12,570,633
Announcement Date 2/24/21 2/24/22 3/31/23 2/27/24 2/26/25 2/27/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 7.58M
55.55x2.56x24.44x0.07% 96.62B
12.36x1.06x5.79x4.73% 71.21B
33.46x4.2x22.82x0.2% 57.1B
26.01x2x19.7x1.14% 55.69B
51.4x4.07x25.79x1.9% 40.35B
27.66x0.7x11.44x2.23% 34.75B
23.1x1.58x14.53x0.2% 33.37B
22.33x0.45x7.09x2.71% 30.42B
4.96x0.31x5.79x5.92% 26.52B
Average 28.54x 1.88x 15.27x 2.12% 44.6B
Weighted average by Cap. 31.89x 2.10x 16.74x 1.83%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


-40%: Exceptional extension
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