Financials Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition

Equities

GROREIT

THA411010004

Specialized REITs

End-of-day quote Thailand S.E. 18:00:00 2024-05-09 EDT 5-day change 1st Jan Change
8.75 THB 0.00% Intraday chart for Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition -0.57% -1.13%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 3,150 3,087 2,788
Enterprise Value (EV) 1 4,451 4,376 4,080
P/E ratio 13.3 x 12 x 10.9 x
Yield 5.4% 6.12% 6.44%
Capitalization / Revenue 10.1 x 9.11 x 8.09 x
EV / Revenue 14.3 x 12.9 x 11.8 x
EV / EBITDA - - -
EV / FCF - 46,199,085 x 19,323,733 x
FCF Yield - 0% 0%
Price to Book 0.96 x 0.92 x 0.82 x
Nbr of stocks (in thousands) 315,000 315,000 315,000
Reference price 2 10.00 9.800 8.850
Announcement Date 22-02-11 23-02-15 24-02-14
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023
Net sales 1 311.7 338.8 344.4
EBITDA - - -
EBIT 1 293.3 319.2 324.7
Operating Margin 94.08% 94.21% 94.27%
Earnings before Tax (EBT) 1 236.4 257.5 255.4
Net income 1 236.4 257.5 255.4
Net margin 75.83% 76% 74.16%
EPS 2 0.7505 0.8174 0.8109
Free Cash Flow - 94.72 211.1
FCF margin - 27.96% 61.3%
FCF Conversion (EBITDA) - - -
FCF Conversion (Net income) - 36.78% 82.66%
Dividend per Share 2 0.5400 0.6000 0.5700
Announcement Date 22-02-11 23-02-15 24-02-14
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023
Net Debt 1 1,301 1,289 1,292
Net Cash position 1 - - -
Leverage (Debt/EBITDA) - - -
Free Cash Flow - 94.7 211
ROE (net income / shareholders' equity) - 7.79% 7.55%
ROA (Net income/ Total Assets) - 4.05% 4.11%
Assets 1 - 6,364 6,217
Book Value Per Share 2 10.40 10.60 10.80
Cash Flow per Share 2 0.0100 0 0
Capex - - -
Capex / Sales - - -
Announcement Date 22-02-11 23-02-15 24-02-14
1THB in Million2THB
Estimates
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