Company Valuation: Karmarts

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2024 2025 2026 2027 2028
Market Cap 1 3,274 6,996 14,117 11,397 8,405 - -
Change - 113.71% - -19.26% -26.26% - -
Enterprise Value (EV) 1 3,274 7,339 13,307 11,978 9,132 9,149 9,194
Change - 124.19% - -9.99% -23.77% 0.19% 0.49%
P/E 11.3x 21.5x 20.8x 16.3x 12.7x 11.6x 10.8x
PBR - 5.37x 4.12x 3.31x 2.19x 2.09x 1.99x
PEG - 1.8x - 4.32x -2.33x 1.21x 1.54x
Capitalization / Revenue - 3.66x 4.48x 3.27x 2.4x 2.27x 2.13x
EV / Revenue - 3.84x 4.23x 3.44x 2.61x 2.47x 2.33x
EV / EBITDA - 15.4x - 13x 10.4x 9.77x 9.21x
EV / EBIT - 17.4x 16.3x 13.8x 11.1x 10.2x 9.64x
EV / FCF - -114x 63.6x 23.4x 64.3x 17.6x 17x
FCF Yield - -0.88% 1.57% 4.27% 1.56% 5.69% 5.88%
Dividend per Share 2 - 0.2229 0.41 0.44 0.42 0.48 0.49
Rate of return - 3.27% 3.73% 4.92% 6.36% 7.27% 7.42%
EPS 2 0.2829 0.3171 0.53 0.55 0.52 0.57 0.61
Distribution rate - 70.3% 77.4% 80% 80.8% 84.2% 80.3%
Net sales 1 - 1,910 3,148 3,484 3,503 3,697 3,944
EBITDA 1 - 477 - 924.4 880 936 998
EBIT 1 - 423 813.9 867.4 823 895 954
Net income 1 292.9 327 678 706.7 673 734 786
Net Debt 1 - 343.2 -809.2 581.2 727 744 789
Reference price 2 3.189 6.814 11.000 8.950 6.600 6.600 6.600
Nbr of stocks (in thousands) 1,026,664 1,026,664 1,283,331 1,273,421 1,273,421 - -
Announcement Date 2/24/22 2/24/23 2/24/25 2/26/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.6x2.59x10.3x6.41% 247M
23.65x4.46x16.33x2.72% 374B
33.35x5.05x21x1.76% 260B
19.06x2.88x12.73x3.3% 140B
26.11x3.85x16.12x2.19% 75.75B
61.17x8.67x33.45x0.25% 54.59B
38.78x6.15x27.05x2.43% 46.14B
37.21x2.8x15.57x1.42% 39.52B
20.63x2.84x11.95x4.4% 37.11B
16.93x2.49x11.53x4.78% 35.9B
Average 28.95x 4.18x 17.60x 2.97% 106.4B
Weighted average by Cap. 28.34x 4.46x 17.98x 2.47%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Karmarts

Historical PBR trend

Valuation ratios - PBR - Karmarts

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Karmarts

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Karmarts


Year-on-year evolution of the Yield

Valuation ratios - Yield - Karmarts