Company Valuation: Kasikornbank

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 336,445 349,476 319,859 368,430 458,224 552,491 - -
Change - 3.87% -8.47% 15.19% 24.37% 20.57% - -
Enterprise Value (EV) 336,445 349,476 319,859 368,430 458,224 552,491 552,491 552,491
Change - 3.87% -8.47% 15.19% 24.37% 20.57% 0% 0%
P/E 9x 9.98x 7.68x 7.7x 9.43x 10.9x 10.3x 9.73x
PBR 0.73x 0.72x 0.63x 0.65x 0.79x 0.93x 0.9x 0.88x
PEG - -1.59x 0.4x 0.5x 4.43x 2.52x 1.82x 1.56x
Capitalization / Revenue 2.06x 2.02x 1.66x 1.86x 2.35x 2.84x 2.77x 2.68x
EV / Revenue 0x 0x 0x 0x 0x 2.84x 2.77x 2.68x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 4.98x 4.8x 4.57x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 3.25 4 6.5 9.5 12 14.19 14.81 15.68
Rate of return 2.29% 2.71% 4.81% 6.11% 6.17% 6.04% 6.3% 6.67%
EPS 2 15.77 14.78 17.58 20.2 20.63 21.52 22.74 24.16
Distribution rate 20.6% 27.1% 37% 47% 58.2% 65.9% 65.2% 64.9%
Net sales 1 163,349 173,258 192,654 197,946 194,800 194,445 199,586 205,990
EBITDA - - - - - - - -
EBIT 1 92,305 98,505 107,685 110,673 109,952 110,832 115,122 120,905
Net income 1 38,053 35,769 42,405 48,598 49,565 50,864 53,865 57,268
Net Debt - - - - - - - -
Reference price 2 142.00 147.50 135.00 155.50 194.50 235.00 235.00 235.00
Nbr of stocks (in thousands) 2,369,328 2,369,328 2,369,328 2,369,328 2,355,907 2,351,026 - -
Announcement Date 1/21/22 1/19/23 1/19/24 1/21/25 1/21/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.41x - - 1.9% 890B
6.25x - - 4.96% 424B
11.46x - - 2.34% 356B
6.69x - - 4.78% 368B
6.33x - - 4.89% 338B
11.5x - - 4.53% 320B
7.01x - - 4.53% 317B
17.01x - - 2.48% 268B
13.68x - - 2.88% 247B
Average 10.37x 3.7% 391.89B
Weighted average by Cap. 10.52x 3.48%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Kasikornbank

Historical PBR trend

Valuation ratios - PBR - Kasikornbank

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Kasikornbank

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Kasikornbank


Year-on-year evolution of the Yield

Valuation ratios - Yield - Kasikornbank