Company Valuation: JCK Hospitality

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 235.7 461.1 305.1 304.4 233.9 43.93
Change - 95.6% -33.82% -0.24% -23.15% -81.22%
Enterprise Value (EV) 1 864.1 1,094 855.7 766.8 794.4 624.9
Change - 26.59% -21.77% -10.38% 3.59% -21.34%
P/E -1.45x -1x -1x -1.33x -1x -0.04x
PBR 5.68x 32.7x 4.46x 0.66x 1.03x 0.3x
PEG - -0x 0x 0x 180,000.01x 0x
Capitalization / Revenue 0.34x 1.04x 0.56x 1.06x 2.03x 3.46x
EV / Revenue 1.23x 2.47x 1.57x 2.66x 6.9x 49.2x
EV / EBITDA -15.8x -7.52x -5.8x -5.08x -4.75x -10.7x
EV / EBIT -8.38x -5.86x -4.49x -4.19x -4.17x -8.26x
EV / FCF 7.77x 14.8x 25.9x 6.94x -4.41x -36.8x
FCF Yield 12.9% 6.74% 3.86% 14.4% -22.7% -2.72%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -120 -210 -78 -18 -18 -5.89
Distribution rate - - - - - -
Net sales 1 701.4 443.6 543.6 288.5 115.1 12.69
EBITDA 1 -54.75 -145.5 -147.6 -150.8 -167.3 -58.6
EBIT 1 -103.1 -186.6 -190.4 -182.9 -190.3 -75.61
Net income 1 -142 -340 -227.5 -108.9 -249.3 -111.5
Net Debt 1 628.4 632.8 550.5 462.4 560.4 580.9
Reference price 2 174.0000 210.0000 78.0000 24.0000 18.0000 0.2200
Nbr of stocks (in thousands) 1,355 2,196 3,912 12,684 12,997 199,677
Announcement Date 3/1/21 3/9/22 3/1/23 3/1/24 3/3/25 2/27/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.89x0.99x12.77x0.83% 15.04B
29.98x1.92x17.02x1.55% 12.7B
17.12x1.43x9.77x-.--% 8.02B
20.78x1.17x13.26x1.45% 4.21B
17.95x0.81x6.53x1.36% 2.51B
56.74x - - 0.65% 1.97B
14.53x0.89x4.57x2.59% 1.95B
30.49x - - -.--% 1.41B
Average 27.31x 1.20x 10.65x 1.06% 5.98B
Weighted average by Cap. 27.15x 1.34x 12.78x 1.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA