Company Valuation: Rockworth

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 200 200 161 156 208 202
Change - 0% -19.5% -3.11% 33.33% -2.88%
Enterprise Value (EV) 1 239.1 360.4 338 265.6 378.8 304.8
Change - 50.72% -6.21% -21.41% 42.58% -19.53%
P/E -6.41x -3.08x -13.4x 7.57x 4.55x 3.35x
PBR 0.47x 0.53x 0.44x 0.4x 0.47x 0.42x
PEG - -0x 0.2x -0x 0x 0.1x
Capitalization / Revenue 0.4x 0.52x 0.26x 0.25x 0.28x 0.24x
EV / Revenue 0.48x 0.94x 0.55x 0.42x 0.51x 0.36x
EV / EBITDA 28x -11.9x 14.4x 4.07x 4.86x 4.38x
EV / EBIT -12.7x -6.38x 473x 6.32x 6.91x 6.41x
EV / FCF 1.48x -7.2x -12.4x 3.34x -7.1x 4.38x
FCF Yield 67.7% -13.9% -8.09% 29.9% -14.1% 22.8%
Dividend per Share 2 - - - 0.5 1 -
Rate of return - - - 6.41% 9.62% -
EPS 2 -1.561 -3.243 -0.6017 1.03 2.287 3.011
Distribution rate - - - 48.5% 43.7% -
Net sales 1 498.5 381.7 609.3 636.4 743.4 837.8
EBITDA 1 8.538 -30.17 23.53 65.35 77.92 69.63
EBIT 1 -18.85 -56.46 0.7141 42.04 54.81 47.52
Net income 1 -31.22 -64.86 -12.03 20.6 45.74 60.22
Net Debt 1 39.1 160.4 177 109.6 170.8 102.8
Reference price 2 10.00 10.00 8.05 7.80 10.40 10.10
Nbr of stocks (in thousands) 20,000 20,000 20,000 20,000 20,000 20,000
Announcement Date 2/25/21 2/23/22 2/27/24 2/27/24 2/24/25 2/23/26
1THB in Million2THB
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 6.23M
22.1x2.69x13.53x1% 4.62B
17.33x - - 2.92% 3.51B
14x1.17x5.87x3.61% 3.1B
9.54x0.61x5.88x4.77% 1.36B
5.89x - - 6.88% 402M
18.92x - - - 279M
Average 14.63x 1.49x 8.42x 3.84% 1.9B
Weighted average by Cap. 17.10x 1.86x 9.77x 2.72%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA