Financials Lee Feed Mill

Equities

LEE

TH0181B10Z03

Fishing & Farming

End-of-day quote Thailand S.E. 18:00:00 2024-05-14 EDT 5-day change 1st Jan Change
2.46 THB +0.82% Intraday chart for Lee Feed Mill +0.82% +8.85%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,342 2,010 2,121 2,490 2,213 2,064
Enterprise Value (EV) 1 1,063 682.1 966.1 1,411 1,198 1,033
P/E ratio 28.6 x 13.4 x 11.3 x 18.3 x 74.6 x 23.8 x
Yield 3.15% 5.5% 7.83% 4.81% 1.25% 3.98%
Capitalization / Revenue 0.79 x 0.77 x 0.75 x 0.67 x 0.66 x 0.7 x
EV / Revenue 0.36 x 0.26 x 0.34 x 0.38 x 0.35 x 0.35 x
EV / EBITDA 5.97 x 3.52 x 3.91 x 10.6 x 16 x 9.02 x
EV / FCF 7.28 x 18.9 x -10.7 x -153 x 17.9 x 39.7 x
FCF Yield 13.7% 5.28% -9.34% -0.65% 5.59% 2.52%
Price to Book 0.92 x 0.77 x 0.79 x 0.9 x 0.82 x 0.76 x
Nbr of stocks (in thousands) 922,180 922,180 922,180 922,180 922,180 913,200
Reference price 2 2.540 2.180 2.300 2.700 2.400 2.260
Announcement Date 2/27/19 2/27/20 2/24/21 2/24/22 2/24/23 2/27/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,973 2,625 2,836 3,737 3,378 2,942
EBITDA 1 178.2 193.9 246.9 132.7 75.08 114.5
EBIT 1 115.2 139.1 195.9 83.02 25.47 53.96
Operating Margin 3.88% 5.3% 6.91% 2.22% 0.75% 1.83%
Earnings before Tax (EBT) 1 97.56 180.7 228.8 159.3 34.72 103.2
Net income 1 81.85 149.7 187.1 136.1 29.65 86.98
Net margin 2.75% 5.7% 6.6% 3.64% 0.88% 2.96%
EPS 2 0.0888 0.1623 0.2028 0.1476 0.0322 0.0948
Free Cash Flow 1 146.1 36.03 -90.2 -9.215 67.03 26.02
FCF margin 4.92% 1.37% -3.18% -0.25% 1.98% 0.88%
FCF Conversion (EBITDA) 82% 18.58% - - 89.28% 22.72%
FCF Conversion (Net income) 178.53% 24.07% - - 226.05% 29.92%
Dividend per Share 2 0.0800 0.1200 0.1800 0.1300 0.0300 0.0900
Announcement Date 2/27/19 2/27/20 2/24/21 2/24/22 2/24/23 2/27/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,279 1,328 1,155 1,079 1,015 1,030
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 146 36 -90.2 -9.21 67 26
ROE (net income / shareholders' equity) 3.21% 5.74% 7.03% 4.9% 1.03% 3.17%
ROA (Net income/ Total Assets) 2.45% 2.96% 4% 1.63% 0.51% 1.1%
Assets 1 3,347 5,060 4,679 8,367 5,857 7,924
Book Value Per Share 2 2.760 2.850 2.930 2.990 2.910 2.980
Cash Flow per Share 2 0.0700 0.0400 0.0300 0.0700 0.0900 0.0600
Capex 1 58.5 81.9 169 93.7 49 56.6
Capex / Sales 1.97% 3.12% 5.96% 2.51% 1.45% 1.92%
Announcement Date 2/27/19 2/27/20 2/24/21 2/24/22 2/24/23 2/27/24
1THB in Million2THB
Estimates
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