Company Valuation: Minor International

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 149,896 170,119 165,076 147,419 137,502 138,927 - -
Change - 13.49% -2.96% -10.7% -6.73% 1.04% - -
Enterprise Value (EV) 1 256,679 170,119 253,374 226,718 221,205 234,014 227,701 235,798
Change - -33.72% 48.94% -10.52% -2.43% 5.79% -2.7% 3.56%
P/E -10.2x 60.8x 45.4x 24.5x 18.8x 14.6x 13x 11.4x
PBR 2.2x - 2.15x 1.68x 1.54x 1.47x 1.43x 1.42x
PEG - -1x 2x 0.4x 0.9x 0.5x 1x 0.9x
Capitalization / Revenue 2.16x 1.42x 1.11x 0.91x 0.86x 0.83x 0.79x 0.76x
EV / Revenue 3.69x 1.42x 1.7x 1.41x 1.38x 1.4x 1.3x 1.29x
EV / EBITDA 22.7x 4.85x 6.23x 5.22x 5.14x 5.26x 4.9x 4.88x
EV / EBIT -29.8x 10.8x 12.5x 12.6x 13.6x 10.7x 9.74x 9.29x
EV / FCF 29.7x - 8.67x 7.44x 9.31x 14.7x 8.81x 8.8x
FCF Yield 3.37% - 11.5% 13.4% 10.7% 6.81% 11.4% 11.4%
Dividend per Share 2 - - - - - 0.7162 0.8049 0.8746
Rate of return - - - - - 2.9% 3.26% 3.54%
EPS 2 -2.83 0.53 0.65 1.06 1.29 1.686 1.907 2.158
Distribution rate - - - - - 42.5% 42.2% 40.5%
Net sales 1 69,481 119,929 149,340 161,352 160,619 167,413 175,516 183,335
EBITDA 1 11,323 35,073 40,673 43,394 42,999 44,452 46,508 48,301
EBIT 1 -8,619 15,798 20,273 17,936 16,260 21,903 23,380 25,391
Net income 1 -13,167 4,286 5,407 7,750 9,009 10,132 11,119 12,539
Net Debt 1 106,783 - 88,298 79,299 83,703 95,087 88,774 96,871
Reference price 2 28.75 32.25 29.50 26.00 24.30 24.70 24.70 24.70
Nbr of stocks (in thousands) 5,213,770 5,275,015 5,595,798 5,669,977 5,658,527 5,624,575 - -
Announcement Date 2/25/22 2/23/23 2/8/24 2/14/25 2/13/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.65x1.4x5.26x2.9% 4.18B
33.17x4.13x19.34x0.76% 97.72B
39.49x6.73x21.72x0.18% 75.23B
29.74x11.18x20.14x1.21% 25.61B
62.95x3.04x18.49x0.31% 18.25B
22.5x2.48x11.37x2.87% 13.07B
44.88x8.89x26.02x0.47% 10.75B
10.63x1.94x7.59x3.17% 4.77B
10.29x1.44x6.69x-.--% 4.11B
16.7x1.31x9.05x3.33% 3.5B
Average 28.50x 4.25x 14.57x 1.52% 25.72B
Weighted average by Cap. 35.43x 5.46x 19.14x 0.8%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. MINT Stock
  4. Valuation Minor International