Company Valuation: Karmarts

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2024 2025 2026 2027
Market Cap 1 3,274 6,996 14,117 11,397 9,869 -
Change - 113.71% - -19.26% -13.41% -
Enterprise Value (EV) 1 3,274 7,339 13,307 11,978 9,511 9,266
Change - 124.19% - -9.99% -20.6% -2.58%
P/E 11.3x 21.5x 20.8x 16.3x 11.2x 9.94x
PBR - 5.37x 4.12x 3.31x 2.21x 1.97x
PEG - 1.8x - 4.32x 0.4x 0.8x
Capitalization / Revenue - 3.66x 4.48x 3.27x 2.45x 2.23x
EV / Revenue - 3.84x 4.23x 3.44x 2.36x 2.1x
EV / EBITDA - 15.4x - 13x 8.92x 7.79x
EV / EBIT - 17.4x 16.3x 13.8x 9.43x 8.07x
EV / FCF - -114x 63.6x 23.4x 15.9x 13.6x
FCF Yield - -0.88% 1.57% 4.27% 6.31% 7.33%
Dividend per Share 2 - 0.2229 0.41 0.44 0.34 0.38
Rate of return - 3.27% 3.73% 4.92% 4.39% 4.9%
EPS 2 0.2829 0.3171 0.53 0.55 0.69 0.78
Distribution rate - 70.3% 77.4% 80% 49.3% 48.7%
Net sales 1 - 1,910 3,148 3,484 4,035 4,416
EBITDA 1 - 477 - 924.4 1,066 1,189
EBIT 1 - 423 813.9 867.4 1,009 1,148
Net income 1 292.9 327 678 706.7 881 1,001
Net Debt 1 - 343.2 -809.2 581.2 -358 -603
Reference price 2 3.189 6.814 11.000 8.950 7.750 7.750
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.($)
11.23x2.36x8.92x4.39% 295M
21.85x4.24x15.54x2.87% 345B
17.73x2.7x11.96x3.52% 133B
25.26x3.79x15.94x2.28% 74.59B
44.33x7.11x30.86x2.13% 52.3B
20.18x2.84x11.75x4.41% 36.92B
76.84x2.38x14.46x1.73% 29.36B
18.31x1.33x7.93x1.29% 19.66B
15.71x1.56x8.78x3.28% 19.6B
21.33x1.54x9.8x2.42% 17.96B
Average 27.28x 2.98x 13.59x 2.83% 72.88B
Weighted average by Cap. 24.92x 3.76x 15.26x 2.87%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield