Company Valuation: Nova Organic

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025
Market Cap 1 4,230 1,536 846.7 478.1 339.8
Change - -63.69% -44.88% -43.54% -28.92%
Enterprise Value (EV) 1 3,049 750 344 45.29 -80.51
Change - -75.4% -54.13% -86.84% -277.77%
P/E 39.9x -18.3x -12.7x -4.67x -7.6x
PBR 2.53x 1.11x 0.68x 0.42x 0.31x
PEG -0.4x 0x 0.7x -0.1x 0.1x
Capitalization / Revenue 3.42x 2.04x 1.38x 0.83x 0.57x
EV / Revenue 2.47x 1x 0.56x 0.08x -0.14x
EV / EBITDA 31.2x -10.4x -10.2x -1.17x 6.38x
EV / EBIT 37.4x -8.24x -5.59x -0.6x 1.63x
EV / FCF -11.1x -4.21x -1.73x -1.7x 9,074x
FCF Yield -8.97% -23.7% -58% -58.9% 0.01%
Dividend per Share 2 0.35 - - - -
Rate of return 4.96% - - - -
EPS 2 0.1766 -0.1402 -0.1156 -0.1779 -0.0776
Distribution rate 198% - - - -
Net sales 1 1,237 753.8 613.2 573.7 594.3
EBITDA 1 97.79 -72.37 -33.74 -38.56 -12.62
EBIT 1 81.56 -91.05 -61.58 -76.08 -49.53
Net income 1 80.35 -84.12 -67.8 -102.4 -44.69
Net Debt 1 -1,181 -786 -502.7 -432.8 -420.3
Reference price 2 7.0500 2.5600 1.4700 0.8300 0.5900
Nbr of stocks (in thousands) 600,000 600,000 575,984 575,984 575,984
Announcement Date 2/22/22 2/28/23 2/27/24 2/27/25 2/26/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.66x2.7x13.49x4.2% 232B
18.1x2.36x14.09x3.54% 74.27B
15.92x1.67x9.48x3.97% 42.8B
14.9x0.53x9.56x2.59% 38.77B
19.39x2.97x12.07x3.6% 32.19B
35.68x3.08x17.97x1.04% 31.54B
25.03x5.24x16.69x3.35% 28.38B
-7.82x1.76x8.76x7.23% 26.31B
Average 17.61x 2.54x 12.77x 3.69% 63.28B
Weighted average by Cap. 18.60x 2.53x 13.06x 3.83%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA