Company Valuation: Padaeng Industry

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,831 3,149 3,553 3,423 2,466 2,547
Change - 72% 12.84% -3.67% -27.97% 3.31%
Enterprise Value (EV) 1 1,256 7,718 9,006 8,238 7,330 7,166
Change - 514.54% 16.68% -8.52% -11.02% -2.24%
P/E 22.8x 3.1x -10.4x 22.1x -66.6x 1,094x
PBR 0.38x 0.49x 0.58x 0.54x 0.39x 0.39x
PEG - 0x 0x -0x 1x -10x
Capitalization / Revenue 4.84x 13.2x 1.63x 1.15x 0.71x 0.77x
EV / Revenue 3.32x 32.4x 4.12x 2.76x 2.1x 2.16x
EV / EBITDA 7.07x -46.5x 223x 19.1x 12.1x 12.3x
EV / EBIT 44.2x -36.2x -65.8x 32.9x 17.8x 18.9x
EV / FCF 27.3x 7.38x -6.68x 30.3x 73.9x 112x
FCF Yield 3.66% 13.6% -15% 3.3% 1.35% 0.9%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.3559 3.515 -1.184 0.5343 -0.1277 0.00809
Distribution rate - - - - - -
Net sales 1 378.2 238.2 2,186 2,989 3,484 3,318
EBITDA 1 177.6 -166 40.35 431.2 605.3 581.7
EBIT 1 28.42 -213.3 -137 250.7 411.1 378.5
Net income 1 80.44 877.7 -341.9 158.2 -37.04 2.346
Net Debt 1 -574.7 4,569 5,452 4,815 4,865 4,619
Reference price 2 8.100 10.900 12.300 11.800 8.500 8.850
Nbr of stocks (in thousands) 226,000 288,869 288,869 290,069 290,069 287,813
Announcement Date 2/23/21 2/24/22 2/23/23 2/29/24 2/25/25 2/23/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.55x4.15x19.4x0.76% 98.34B
38.88x6.51x20.9x0.19% 72.13B
27.81x10.49x18.87x1.3% 23.74B
55.76x2.78x16.97x0.34% 16.39B
19.53x2.36x10.71x3.16% 12.01B
46.09x9.19x26.9x0.46% 11.01B
10.63x1.94x7.53x3.2% 4.66B
14.04x1.36x5.16x3.04% 3.97B
12.54x1.41x6.46x-.--% 3.59B
Average 28.76x 4.47x 14.77x 1.38% 27.32B
Weighted average by Cap. 34.86x 5.37x 18.90x 0.79%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA