Company Valuation: PTT Exploration and Production

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 468,458 700,702 593,513 472,428 448,608 565,723 - -
Change - 49.58% -15.3% -20.4% -5.04% 26.11% - -
Enterprise Value (EV) 1 519,742 710,857 574,163 456,522 496,654 645,095 655,626 644,217
Change - 36.77% -19.23% -20.49% 8.79% 29.89% 1.63% -1.74%
P/E 12.2x 9.84x 7.91x 5.99x 7.44x 7.17x 7.67x 8.08x
PBR 1.13x 1.5x 1.19x 0.88x 0.88x 1x 0.93x 0.88x
PEG - 0.1x 1.49x 1.17x -0.3x 0.2x -1.18x -1.58x
Capitalization / Revenue 2.14x 2.11x 1.97x 1.51x 1.59x 1.67x 1.72x 1.72x
EV / Revenue 2.37x 2.15x 1.91x 1.46x 1.76x 1.9x 1.99x 1.95x
EV / EBITDA 3.34x 2.9x 2.59x 2.02x 2.55x 2.58x 2.78x 2.77x
EV / EBIT 6.08x 4.39x 4.08x 3.47x 4.99x 4.28x 4.96x 5.12x
EV / FCF 8.54x 6.96x 7.74x 4.57x 16.4x 26.3x 25.4x 12x
FCF Yield 11.7% 14.4% 12.9% 21.9% 6.12% 3.81% 3.94% 8.35%
Dividend per Share 2 5 9.25 9.5 9.625 8.75 10.22 9.492 9.065
Rate of return 4.24% 5.24% 6.35% 8.09% 7.74% 7.17% 6.66% 6.36%
EPS 2 9.7 17.94 18.89 19.86 15.18 19.88 18.58 17.63
Distribution rate 51.5% 51.6% 50.3% 48.5% 57.6% 51.4% 51.1% 51.4%
Net sales 1 219,068 331,350 300,694 312,310 281,449 339,469 329,202 329,649
EBITDA 1 155,824 245,183 222,110 226,462 194,714 250,272 236,021 232,552
EBIT 1 85,530 162,015 140,788 131,422 99,520 150,776 132,193 125,835
Net income 1 38,864 70,901 76,706 78,824 60,273 78,987 73,805 70,003
Net Debt 1 51,284 10,154 -19,350 -15,906 48,045 79,372 89,903 78,494
Reference price 2 118.00 176.50 149.50 119.00 113.00 142.50 142.50 142.50
Nbr of stocks (in thousands) 3,969,985 3,969,985 3,969,985 3,969,985 3,969,985 3,969,985 - -
Announcement Date 1/27/22 1/30/23 1/30/24 1/30/25 2/9/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.8x2.34x5.07x2.48% 161B
11.35x3.1x5.8x3.64% 98.89B
8.15x2.57x4.33x2.79% 76.28B
16.94x3.93x10.43x5.52% 67.67B
6.16x2.25x3.48x1.86% 56.36B
13.35x1.86x9.63x5.06% 53.71B
8.56x3.08x4.3x2.47% 49.96B
6.26x1.1x3.45x2.22% 49.66B
7.77x2.19x4.25x2.63% 48.54B
Average 10.04x 2.49x 5.64x 3.18% 73.58B
Weighted average by Cap. 10.53x 2.55x 5.64x 3.15%

Y-o-Y evolution of P/E

Valuation ratios - P/E - PTT Exploration and Production

Historical PBR trend

Valuation ratios - PBR - PTT Exploration and Production

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - PTT Exploration and Production

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - PTT Exploration and Production


Year-on-year evolution of the Yield

Valuation ratios - Yield - PTT Exploration and Production
  1. Stock Market
  2. Stocks
  3. PTTEP Stock
  4. PTTEP-F Stock
  5. Valuation PTT Exploration and Production