Financials G-Able Thailand S.E.

Equities

GABLE-R

THB318010R16

IT Services & Consulting

End-of-day quote Thailand S.E. 18:00:00 2024-06-19 EDT 5-day change 1st Jan Change
3.86 THB +1.05% Intraday chart for G-Able -3.50% -11.87%

Valuation

Fiscal Period: December 2023 2024 2025 2026
Capitalization 1 3,066 2,702 - -
Enterprise Value (EV) 1 3,066 2,702 2,702 2,702
P/E ratio 11.2 x 9.77 x 8.3 x 15.8 x
Yield - 5.05% 6.22% 6.48%
Capitalization / Revenue 0.57 x 0.47 x 0.45 x 0.43 x
EV / Revenue 0.57 x 0.47 x 0.45 x 0.43 x
EV / EBITDA 7.99 x 6.72 x 6.03 x 5.85 x
EV / FCF - -10.4 x 379 x 67.8 x
FCF Yield - -9.61% 0.26% 1.48%
Price to Book - 1.22 x 1.19 x 1.15 x
Nbr of stocks (in thousands) 700,021 700,021 - -
Reference price 2 4.380 3.860 3.860 3.860
Announcement Date 2/21/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 - 5,338 5,717 6,034 6,326
EBITDA 1 - 383.7 402 448 462
EBIT 1 - 314.1 299 359 408
Operating Margin - 5.88% 5.23% 5.95% 6.45%
Earnings before Tax (EBT) 1 - 317.2 347.5 395.5 439.5
Net income 1 266.7 251.8 276 313 347
Net margin - 4.72% 4.83% 5.19% 5.49%
EPS 2 0.6200 0.3900 0.3950 0.4650 0.2450
Free Cash Flow 1 - - -259.7 7.13 39.87
FCF margin - - -4.54% 0.12% 0.63%
FCF Conversion (EBITDA) - - - 1.59% 8.63%
FCF Conversion (Net income) - - - 2.28% 11.49%
Dividend per Share 2 - - 0.1950 0.2400 0.2500
Announcement Date 3/20/23 2/21/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q3 2023 Q4 2024 Q1
Net sales 1 1,342 1,638 1,153
EBITDA 103 140.9 -
EBIT - - -
Operating Margin - - -
Earnings before Tax (EBT) 1 83.15 127.9 10.17
Net income 1 66.32 101.1 8.767
Net margin 4.94% 6.18% 0.76%
EPS 2 0.0900 0.1500 0.0100
Dividend per Share - - -
Announcement Date 11/14/23 2/21/24 5/14/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 - - -260 7.13 39.9
ROE (net income / shareholders' equity) - - 12.5% 13.8% 14.9%
ROA (Net income/ Total Assets) - - 5.17% 5.95% 6.4%
Assets 1 - - 5,338 5,261 5,422
Book Value Per Share 2 - - 3.170 3.250 3.350
Cash Flow per Share 2 - - 0.1500 0.2400 0.2900
Capex 1 - - 95 85 -
Capex / Sales - - 1.66% 1.41% -
Announcement Date 3/20/23 2/21/24 - - -
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
1
Last Close Price
3.86 THB
Average target price
5.5 THB
Spread / Average Target
+42.49%
Consensus