Company Valuation: OHTL

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 4,982 5,028 7,187 6,281 5,360 4,786
Change - 0.91% 42.94% -12.61% -14.66% -10.7%
Enterprise Value (EV) 1 8,554 8,955 10,588 9,041 7,356 6,310
Change - 4.69% 18.24% -14.61% -18.63% -14.22%
P/E -10.4x -8.1x 81.5x 22.6x 12.8x 15.3x
PBR 2.35x 3.22x 4.32x 3.04x 2.16x 1.71x
PEG - -0.3x -1x 0x 0.2x -0.6x
Capitalization / Revenue 5.45x 8.95x 3.73x 2.5x 1.98x 1.9x
EV / Revenue 9.36x 15.9x 5.49x 3.59x 2.72x 2.5x
EV / EBITDA -57.9x -44.1x 19.6x 11.8x 8.48x 8.51x
EV / EBIT -18.5x -16.5x 51.8x 19.5x 12.8x 13.7x
EV / FCF -14.2x -36.3x 22x 16.9x 12.6x 17.1x
FCF Yield -7.05% -2.75% 4.55% 5.91% 7.94% 5.86%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -31.8 -41.11 5.842 18.38 27.82 20.78
Distribution rate - - - - - -
Net sales 1 913.7 562 1,928 2,517 2,702 2,522
EBITDA 1 -147.8 -203.3 541 767.8 867.9 741.3
EBIT 1 -461.4 -544.2 204.6 462.9 575.9 460.1
Net income 1 -480.1 -620.6 88.21 277.4 420 313.7
Net Debt 1 3,571 3,927 3,402 2,760 1,996 1,524
Reference price 2 330.00 333.00 476.00 416.00 355.00 317.00
Nbr of stocks (in thousands) 15,098 15,098 15,098 15,098 15,098 15,098
Announcement Date 3/1/21 2/28/22 2/28/23 2/22/24 2/25/25 1/29/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 118M
16.76x3.02x8.62x4.72% 13.05B
18.7x5.9x11.88x2.06% 6.26B
13.27x3.13x8.73x3.98% 5.27B
18.49x4.2x10.7x1.06% 4.93B
15.24x2.14x8.86x3.23% 4.52B
16.9x1.62x7.71x3.27% 2.68B
16.75x1.23x7.57x2.11% 2.25B
Average 16.59x 3.03x 9.15x 2.92% 4.88B
Weighted average by Cap. 16.65x 3.34x 9.33x 3.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA