KCG CORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10 THB | -2.91% |
|
-6.54% | +12.36% |
Valuation
| Fiscal Period: December | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Capitalization 1 | 4,850 | 5,450 | - | - |
| Enterprise Value (EV) 1 | 4,850 | 7,154 | 7,084 | 5,450 |
| P/E ratio | 13.3 x | 13.9 x | 12.2 x | 10.8 x |
| Yield | 3.37% | 3.47% | 4.22% | 5.35% |
| Capitalization / Revenue | 0.68 x | 0.67 x | 0.62 x | 0.55 x |
| EV / Revenue | 0.68 x | 0.88 x | 0.81 x | 0.55 x |
| EV / EBITDA | 8.09 x | 10.8 x | 8.55 x | 5.85 x |
| EV / FCF | -68.2 x | 26.4 x | 33.2 x | 15.7 x |
| FCF Yield | -1.47% | 3.79% | 3.01% | 6.39% |
| Price to Book | 1.8 x | 1.88 x | 1.74 x | 1.6 x |
| Nbr of stocks (in thousands) | 545,000 | 545,000 | - | - |
| Reference price 2 | 8.900 | 10.00 | 10.00 | 10.00 |
| Announcement Date | 2/27/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales 1 | - | 7,157 | 8,143 | 8,783 | 9,868 |
| EBITDA 1 | - | 599.7 | 665 | 828.2 | 932 |
| EBIT 1 | - | 418.4 | 514.6 | 605.8 | 703.7 |
| Operating Margin | - | 5.85% | 6.32% | 6.9% | 7.13% |
| Earnings before Tax (EBT) 1 | - | 386.2 | 483.3 | 567.3 | 652.5 |
| Net income 1 | 241.1 | 305.9 | 379.3 | 449.2 | 514 |
| Net margin | - | 4.27% | 4.66% | 5.11% | 5.21% |
| EPS 2 | 0.6200 | 0.6700 | 0.7183 | 0.8167 | 0.9225 |
| Free Cash Flow 1 | - | -71.16 | 271 | 213.3 | 348 |
| FCF margin | - | -0.99% | 3.33% | 2.43% | 3.53% |
| FCF Conversion (EBITDA) | - | - | 40.75% | 25.76% | 37.34% |
| FCF Conversion (Net income) | - | - | 71.44% | 47.49% | 67.7% |
| Dividend per Share 2 | - | 0.3000 | 0.3467 | 0.4217 | 0.5350 |
| Announcement Date | 4/11/23 | 2/27/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|
| Net sales 1 | 1,681 | 2,207 | 1,785 |
| EBITDA 1 | - | - | 156.7 |
| EBIT 1 | 90.98 | 178.5 | 105.4 |
| Operating Margin | 5.41% | 8.09% | 5.9% |
| Earnings before Tax (EBT) 1 | 72.58 | 172.8 | 91.1 |
| Net income 1 | 55.33 | 141.4 | 71.61 |
| Net margin | 3.29% | 6.41% | 4.01% |
| EPS | 0.1100 | 0.2900 | - |
| Dividend per Share | - | - | - |
| Announcement Date | 11/17/23 | 2/27/24 | 5/17/24 |
1THB in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Debt 1 | - | - | 1,704 | 1,634 | - |
| Net Cash position 1 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 2.563 x | 1.973 x | - |
| Free Cash Flow 1 | - | -71.2 | 271 | 213 | 348 |
| ROE (net income / shareholders' equity) | - | 15.8% | 12.1% | 14.8% | 13.6% |
| ROA (Net income/ Total Assets) | - | 5.36% | 6.14% | 6.76% | 7.67% |
| Assets 1 | - | 5,706 | 6,178 | 6,644 | 6,704 |
| Book Value Per Share 2 | - | 4.940 | 5.330 | 5.730 | 6.240 |
| Cash Flow per Share 2 | - | 0.9400 | 1.000 | 0.9700 | 1.080 |
| Capex 1 | - | 503 | 275 | 247 | 219 |
| Capex / Sales | - | 7.03% | 3.38% | 2.81% | 2.22% |
| Announcement Date | 4/11/23 | 2/27/24 | - | - | - |
1THB in Million2THB
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
10
THB
Average target price
11.78
THB
Spread / Average Target
+17.83%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +12.36% | 148M | |
| +5.83% | 24.8B | |
| -29.90% | 7.23B | |
| +1.27% | 7.11B | |
| +8.50% | 6.36B | |
| -3.25% | 5.37B | |
| -2.52% | 5.33B | |
| +26.29% | 5.31B | |
| -7.26% | 4.49B | |
| +20.23% | 4.46B |
- Stock Market
- Equities
- KCG Stock
- Financials KCG Corporation
