Financials Mida Leasing

Equities

ML

TH0785A10Z04

Consumer Lending

End-of-day quote Thailand S.E. 18:00:00 2024-06-25 EDT 5-day change 1st Jan Change
0.56 THB 0.00% Intraday chart for Mida Leasing 0.00% -30.86%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,012 926.4 1,033 1,501 1,193 862.5
Enterprise Value (EV) 1 2,765 2,572 2,735 3,301 2,927 2,473
P/E ratio 10.5 x 9.37 x 10.5 x 14.6 x 11.4 x -206 x
Yield - 3.45% 5.15% - - -
Capitalization / Revenue 2.57 x 2.43 x 3.19 x 4.83 x 3 x 3.28 x
EV / Revenue 7.03 x 6.75 x 8.44 x 10.6 x 7.35 x 9.4 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.56 x 0.49 x 0.52 x 0.74 x 0.56 x 0.41 x
Nbr of stocks (in thousands) 1,064,797 1,064,797 1,064,797 1,064,797 1,064,797 1,064,797
Reference price 2 0.9500 0.8700 0.9700 1.410 1.120 0.8100
Announcement Date 2/28/19 3/2/20 3/1/21 2/28/22 2/28/23 2/29/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 393.2 381 324 310.9 398.1 262.9
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 123.8 127.6 124.8 129.7 132.3 -1.755
Net income 1 96.39 98.91 98.67 102.8 104.6 -4.183
Net margin 24.51% 25.96% 30.45% 33.07% 26.28% -1.59%
EPS 2 0.0905 0.0929 0.0927 0.0966 0.0982 -0.003928
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - 0.0300 0.0500 - - -
Announcement Date 2/28/19 3/2/20 3/1/21 2/28/22 2/28/23 2/29/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,753 1,646 1,702 1,799 1,735 1,610
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 5.44% 5.36% 5.09% 5.13% 5.03% -0.2%
ROA (Net income/ Total Assets) 2.63% 2.66% 2.52% 2.5% 2.58% -0.11%
Assets 1 3,665 3,713 3,911 4,115 4,054 3,946
Book Value Per Share 2 1.680 1.780 1.860 1.910 2.000 2.000
Cash Flow per Share 2 0.0300 0.0400 0.3200 0.1400 0.0200 0.0300
Capex 1 0.49 1.9 0.37 56.5 5.71 11.8
Capex / Sales 0.12% 0.5% 0.11% 18.18% 1.44% 4.49%
Announcement Date 2/28/19 3/2/20 3/1/21 2/28/22 2/28/23 2/29/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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