Company Valuation: Kasikornbank

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 336,445 349,476 319,859 368,430 458,224 559,544 - -
Change - 3.87% -8.47% 15.19% 24.37% 22.11% - -
Enterprise Value (EV) 336,445 349,476 319,859 368,430 458,224 559,544 559,544 559,544
Change - 3.87% -8.47% 15.19% 24.37% 22.11% 0% 0%
P/E 9x 9.98x 7.68x 7.7x 9.43x 11.2x 10.4x 9.82x
PBR 0.73x 0.72x 0.63x 0.65x 0.79x 0.94x 0.91x 0.89x
PEG - -1.59x 0.4x 0.5x 4.43x 3.32x 1.52x 1.55x
Capitalization / Revenue 2.06x 2.02x 1.66x 1.86x 2.35x 2.88x 2.8x 2.71x
EV / Revenue 0x 0x 0x 0x 0x 2.88x 2.8x 2.71x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 5.08x 4.87x 4.64x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 3.25 4 6.5 9.5 12 13.91 14.81 15.68
Rate of return 2.29% 2.71% 4.81% 6.11% 6.17% 5.85% 6.22% 6.59%
EPS 2 15.77 14.78 17.58 20.2 20.63 21.33 22.79 24.23
Distribution rate 20.6% 27.1% 37% 47% 58.2% 65.2% 65% 64.7%
Net sales 1 163,349 173,258 192,654 197,946 194,800 194,166 199,895 206,179
EBITDA - - - - - - - -
EBIT 1 92,305 98,505 107,685 110,673 109,952 110,215 114,971 120,701
Net income 1 38,053 35,769 42,405 48,598 49,565 50,584 53,977 57,465
Net Debt - - - - - - - -
Reference price 2 142.00 147.50 135.00 155.50 194.50 238.00 238.00 238.00
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.($)
13.46x - - 1.9% 890B
6.17x - - 5.03% 429B
6.96x - - 4.6% 380B
11.5x - - 2.36% 351B
6.26x - - 4.94% 336B
6.89x - - 4.61% 322B
11.38x - - 4.58% 317B
17.26x - - 2.44% 276B
13.17x - - 3% 238B
Average 10.34x 3.72% 393.31B
Weighted average by Cap. 10.49x 3.51%

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