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 9,487 -
Change - 113.71% - -19.26% -16.76% -
Enterprise Value (EV) 1 3,274 7,339 13,307 11,978 9,129 8,884
Change - 124.19% - -9.99% -23.79% -2.68%
P/E 11.3x 21.5x 20.8x 16.3x 10.8x 9.55x
PBR - 5.37x 4.12x 3.31x 2.13x 1.89x
PEG - 1.8x - 4.32x 0.4x 0.7x
Capitalization / Revenue - 3.66x 4.48x 3.27x 2.35x 2.15x
EV / Revenue - 3.84x 4.23x 3.44x 2.26x 2.01x
EV / EBITDA - 15.4x - 13x 8.56x 7.47x
EV / EBIT - 17.4x 16.3x 13.8x 9.05x 7.74x
EV / FCF - -114x 63.6x 23.4x 15.2x 13.1x
FCF Yield - -0.88% 1.57% 4.27% 6.57% 7.64%
Dividend per Share 2 - 0.2229 0.41 0.44 0.34 0.38
Rate of return - 3.27% 3.73% 4.92% 4.56% 5.1%
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 7.450 7.450
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.($)
10.8x2.26x8.56x4.56% 282M
21.71x4.22x15.46x2.89% 343B
17.65x2.69x11.91x3.56% 131B
24.62x3.7x15.54x2.32% 72.62B
44.63x7.16x31.07x2.11% 52.33B
20.23x2.84x11.79x4.4% 37.02B
77.99x2.32x13.97x1.75% 29.05B
15.97x1.53x8.71x3.32% 19.31B
17.99x1.3x7.75x1.31% 19.29B
21.35x1.54x9.81x2.42% 17.81B
Average 27.29x 2.96x 13.46x 2.87% 72.24B
Weighted average by Cap. 24.85x 3.74x 15.18x 2.89%

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