Company Valuation: Precious Shipping

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 25,884 25,105 13,488 10,525 8,982 16,183 - -
Change - -3.01% -46.27% -21.97% -14.66% 80.17% - -
Enterprise Value (EV) 31,648 30,773 18,509 10,525 8,982 16,183 16,183 16,183
Change - -2.77% -39.85% -43.13% -14.66% 80.17% 0% 0%
P/E 5.78x 5.18x 18.8x 7.18x 22.4x 12.7x 15.6x 15.8x
PBR 1.8x 1.53x 0.83x 0.62x 0.63x 1.03x 1x 0.98x
PEG - 0.62x -0.2x 0x -0.3x 0x -0.8x -11.06x
Capitalization / Revenue 3x 2.75x 2.64x 1.76x 1.71x 2.61x 2.56x 2.69x
EV / Revenue 0x 0x 0x 0x 0x 2.61x 2.56x 2.69x
EV / EBITDA 0x 0x 0x 0x 0x 6.17x 6.2x 8.19x
EV / EBIT 0x 0x 0x 0x 0x 16.5x 17.6x 58.1x
EV / FCF 0x 0x 0x -0x -0x -10.2x 8.17x 15.1x
FCF Yield 21.8% 16.6% 13.4% -7.49% -13.4% -9.82% 12.2% 6.6%
Dividend per Share 2 1.75 1.75 0.25 0.4 0.4 0.2664 0.2075 0.19
Rate of return 10.5% 10.9% 2.89% 5.93% 6.61% 2.44% 1.9% 1.74%
EPS 2 2.87 3.11 0.46 0.94 0.27 0.86 0.7 0.69
Distribution rate 61% 56.3% 54.3% 42.6% 148% 31% 29.6% 27.5%
Net sales 1 8,615 9,129 5,100 5,985 5,248 6,207 6,320 6,016
EBITDA 1 5,940 6,532 2,603 3,538 2,657 2,621 2,611 1,976
EBIT 1 4,726 5,208 1,173 2,013 1,062 980 919 278.3
Net income 1 4,475 4,851 709.6 1,468 413.8 1,340 1,098 1,074
Net Debt 5,764 5,668 5,021 - - - - -
Reference price 2 16.60 16.10 8.65 6.75 6.05 10.90 10.90 10.90
Nbr of stocks (in thousands) 1,559,292 1,559,292 1,559,292 1,559,292 1,484,702 1,484,702 - -
Announcement Date 2/14/22 2/10/23 2/12/24 2/10/25 2/13/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
6.72x1.21x3.67x7.03% 16.5B
11.99x1.89x6.35x6.84% 8.1B
10.37x - - - 4.72B
6.96x3.5x5.62x12.43% 3.67B
10.12x2.86x8.19x8.64% 3.71B
5.54x0.84x2.5x6.55% 3.67B
5.28x2.67x3.58x - 2.91B
4.64x3.01x4.53x0.26% 2.64B
Average 7.70x 2.28x 4.92x 6.96% 5.74B
Weighted average by Cap. 8.01x 1.88x 4.72x 7.15%

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. PSL Stock
  4. PZ9 Stock
  5. Valuation Precious Shipping
-40%: Exceptional extension
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