Company Valuation: Prime Road Power

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 8,339 8,126 5,701 2,595 553.1 255.3
Change - -2.55% -29.84% -54.48% -78.69% -53.85%
Enterprise Value (EV) 1 10,056 10,739 10,605 8,258 4,726 3,766
Change - 6.79% -1.25% -22.13% -42.77% -20.32%
P/E 28.9x 62.5x 41.6x -2.88x -2.91x -1.13x
PBR 3.09x 2.74x 1.84x 1.2x 0.29x 0.15x
PEG - -1.1x 7.74x 0x 0x -0.1x
Capitalization / Revenue 16.9x 14.3x 5.11x 1.61x 0.46x 0.35x
EV / Revenue 20.3x 18.9x 9.51x 5.13x 3.93x 5.2x
EV / EBITDA 46.6x 71.6x 57.2x 64.7x 12x 13.6x
EV / EBIT 116x 883x 881x -57.7x 49.9x 45.2x
EV / FCF 130x -10.4x -6.32x -11.4x 66.2x -10.1x
FCF Yield 0.77% -9.61% -15.8% -8.79% 1.51% -9.94%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0678 0.0306 0.0322 -0.2119 -0.0447 -0.0532
Distribution rate - - - - - -
Net sales 1 494.7 567.8 1,115 1,611 1,203 724.1
EBITDA 1 215.7 149.9 185.5 127.6 395.1 277.9
EBIT 1 86.71 12.16 12.04 -143.1 94.71 83.24
Net income 1 288.3 130.1 137.1 -901.6 -190.1 -226.4
Net Debt 1 1,717 2,613 4,904 5,662 4,173 3,510
Reference price 2 1.9600 1.9100 1.3400 0.6100 0.1300 0.0600
Nbr of stocks (in thousands) 4,254,486 4,254,486 4,254,486 4,254,486 4,254,486 4,254,486
Announcement Date 3/1/21 2/28/22 2/27/23 2/28/24 3/3/25 3/2/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.64x5.66x41.36x0.2% 274B
19.34x8.72x15.1x3.18% 162B
20.3x4.22x11.6x3.47% 153B
19.27x10.9x14.22x3.62% 104B
12.14x1.81x6.42x5.84% 98.77B
19.11x5.7x12.5x3.56% 98.29B
23.99x3.56x14.49x0.57% 106B
17.14x5.44x10.91x3.77% 90.18B
18.91x5.07x12.26x3.16% 66.24B
Average 20.43x 5.67x 15.43x 3.04% 128.22B
Weighted average by Cap. 22.45x 5.80x 19.28x 2.61%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Prime Road Power

Historical PBR trend

Valuation ratios - PBR - Prime Road Power

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Prime Road Power

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Prime Road Power