Company Valuation: MDX

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,189 3,234 2,093 1,360 1,550 1,160
Change - 172% -35.29% -35% 13.99% -25.15%
Enterprise Value (EV) 1 -564.4 1,192 -522.9 -1,466 -1,411 -2,068
Change - 311.29% -143.85% -180.43% 3.77% -46.56%
P/E 6.9x 6.92x 27.5x 7.86x 5.82x 2.91x
PBR 0.36x 0.82x 0.49x 0.31x 0.33x 0.24x
PEG - 0x -0.3x 0x 0.1x 0.1x
Capitalization / Revenue 3.63x 9.49x 6.67x 4.76x 6.12x 3.05x
EV / Revenue -1.72x 3.5x -1.67x -5.13x -5.57x -5.43x
EV / EBITDA 5.51x -9.36x 2.24x 7.51x 7.05x 12.6x
EV / EBIT 3.56x -8.09x 1.79x 5.65x 5.11x 9.33x
EV / FCF 92x -3.53x -4.52x 15.2x 5.14x 6.17x
FCF Yield 1.09% -28.3% -22.1% 6.58% 19.5% 16.2%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.3622 0.9827 0.1599 0.3637 0.5598 0.8375
Distribution rate - - - - - -
Net sales 1 327.6 340.8 313.8 285.9 253.4 380.9
EBITDA 1 -102.4 -127.4 -233 -195.3 -200.3 -163.6
EBIT 1 -158.4 -147.4 -291.7 -259.4 -276.3 -221.7
Net income 1 148.9 403.9 65.73 149.5 230.1 344.2
Net Debt 1 -1,753 -2,042 -2,616 -2,827 -2,962 -3,229
Reference price 2 2.500 6.800 4.400 2.860 3.260 2.440
Nbr of stocks (in thousands) 475,593 475,593 475,593 475,593 475,593 475,593
Announcement Date 2/24/21 2/25/22 2/27/23 2/28/24 2/28/25 2/27/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 52.61M
15.32x4.85x13.03x3.31% 43.62B
20.93x4.27x17.53x1.2% 31.13B
8.13x1.43x7.17x4.38% 29.27B
5.92x0.69x1.42x8.43% 28.54B
13.98x3.07x14.73x2.51% 25.18B
15.13x6.83x18.32x1.41% 21.51B
8.77x2.22x7.12x4.03% 20.29B
Average 12.60x 3.34x 11.33x 3.61% 24.95B
Weighted average by Cap. 12.94x 3.39x 11.40x 3.64%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA