Company Valuation: Pre-Built

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,377 2,593 2,639 1,976 1,340 1,087
Change - 9.09% 1.79% -25.15% -32.19% -18.89%
Enterprise Value (EV) 1 2,654 3,051 3,885 3,440 2,220 1,359
Change - 14.96% 27.32% -11.44% -35.46% -38.77%
P/E 14.3x 10.7x 7.44x 11.7x 10.1x 5.59x
PBR 1.08x 1.12x 1.05x 0.78x 0.53x 0.41x
PEG - 0.2x 0.2x -0.2x -0.5x 0.1x
Capitalization / Revenue 0.56x 0.57x 0.46x 0.41x 0.26x 0.2x
EV / Revenue 0.62x 0.67x 0.67x 0.71x 0.43x 0.26x
EV / EBITDA 10.9x 8.15x 8.03x 13.1x 31.2x 4.04x
EV / EBIT 13.1x 9.12x 8.73x 15.3x 61.9x 4.4x
EV / FCF 1.45x -765x -5.26x -64.7x 22.3x 1.83x
FCF Yield 69.1% -0.13% -19% -1.55% 4.48% 54.6%
Dividend per Share 2 0.4 0.4 0.5 0.4 0.2 0.2
Rate of return 5.19% 4.76% 5.85% 6.25% 4.61% 5.68%
EPS 2 0.5367 0.7828 1.15 0.5487 0.4299 0.6298
Distribution rate 74.5% 51.1% 43.5% 72.9% 46.5% 31.8%
Net sales 1 4,279 4,565 5,775 4,876 5,105 5,329
EBITDA 1 243 374.3 483.5 261.8 71.21 336.9
EBIT 1 201.9 334.6 444.9 224.5 35.85 308.8
Net income 1 165.7 241.6 354.9 169.4 132.7 194.4
Net Debt 1 277.1 458.2 1,245 1,465 880.7 272.9
Reference price 2 7.700 8.400 8.550 6.400 4.340 3.520
Nbr of stocks (in thousands) 308,676 308,676 308,676 308,676 308,676 308,676
Announcement Date 2/22/21 2/24/22 2/23/23 2/22/24 2/20/25 2/20/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 31.94M
65.05x2.81x27.51x0.07% 94.32B
13.09x1.06x5.81x4.48% 71.3B
38.8x4.75x26.33x0.17% 58.83B
25.27x1.93x18.78x1.23% 54.5B
55.39x4.6x29.44x1.64% 45.98B
33.09x0.78x13.13x1.92% 39.23B
27.88x0.54x8.68x2.14% 35.71B
25.4x1.65x15.86x0.19% 33.07B
4.66x0.29x6.25x6.11% 27.62B
Average 32.07x 2.05x 16.86x 2% 46.06B
Weighted average by Cap. 35.91x 2.28x 18.36x 1.75%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA