Company Valuation: Finansa

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,314 1,383 1,183 2,013 1,001 420.5
Change - 5.26% -14.5% 70.15% -50.25% -58%
Enterprise Value (EV) 1 1,638 2,139 1,481 14,884 2,997 1,493
Change - 30.54% -30.74% 904.77% -79.86% -50.2%
P/E 5.89x -32.8x 11.3x 2.42x -0.33x -0.61x
PBR 0.47x 0.53x 0.46x 0.46x 0.49x 0.36x
PEG - 0x -0x 0x 0x 0x
Capitalization / Revenue 2.68x 6.68x 29x 1.49x 4.46x 1.49x
EV / Revenue 3.35x 10.3x 36.3x 11x 13.4x 5.28x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 0.5 0.65 0.2 - - -
Rate of return 13.2% 16.3% 5.85% - - -
EPS 2 0.6455 -0.122 0.3034 1.66 -6.088 -1.381
Distribution rate 77.5% -533% 65.9% - - -
Net sales 1 489.6 207.1 40.78 1,347 224.3 282.8
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 223.3 -42.19 104.9 685.4 -3,048 -691.3
Net Debt 1 324.2 755.4 298.5 12,872 1,996 1,072
Reference price 2 3.8000 4.0000 3.4200 4.0200 2.0000 0.8400
Nbr of stocks (in thousands) 345,855 345,855 345,855 500,651 500,651 500,651
Announcement Date 2/26/21 2/25/22 2/23/23 3/1/24 2/28/25 3/2/26
1THB in Million2THB
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 7.15M
14.57x6.79x - 2.29% 295B
13.01x10.19x - 2.12% 273B
11.57x - - 1.94% 217B
15.71x6.3x10.48x1.3% 169B
12.37x8.61x13.93x2.73% 59.55B
9.57x1.37x - 3.85% 57.68B
18.37x10.3x11.58x0.68% 41.96B
8.97x4.07x - 3.69% 41.95B
31.29x4.08x5.21x0.4% 38.7B
Average 15.05x 6.46x 10.30x 2.11% 119.41B
Weighted average by Cap. 13.96x 7.37x 10.64x 2.07%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA