Company Valuation: Samart Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027
Market Cap 1 4,449 6,744 5,508 5,584 -
Change - 51.58% -18.32% 1.38% -
Enterprise Value (EV) 1 4,449 6,744 5,508 7,086 6,145
Change - 51.58% -18.32% 28.65% -13.28%
P/E -11.3x 51.5x - 7.67x 6.75x
PBR - - - 0.95x 0.86x
PEG - -0x - - 0.5x
Capitalization / Revenue - 0.66x 0.5x 0.47x 0.44x
EV / Revenue - 0.66x 0.5x 0.59x 0.49x
EV / EBITDA - - - 2.74x 2.19x
EV / EBIT - 8.38x 4.46x 5.44x 4.19x
EV / FCF - - - 25.3x 5.29x
FCF Yield - - - 3.95% 18.9%
Dividend per Share 2 - - - 0.22 0.25
Rate of return - - - 3.93% 4.46%
EPS 2 -0.39 0.13 - 0.73 0.83
Distribution rate - - - 30.1% 30.1%
Net sales 1 - 10,157 10,957 11,979 12,571
EBITDA 1 - - - 2,588 2,805
EBIT 1 - 804.7 1,234 1,302 1,468
Net income 1 -389.9 132.9 479.3 730 833
Net Debt 1 - - - 1,502 561
Reference price 2 4.420 6.700 5.500 5.600 5.600
Nbr of stocks (in thousands) 1,006,504 1,006,504 1,001,504 997,204 -
Announcement Date 2/22/24 2/20/25 2/26/26 - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.77x3.72x12.99x2.92% 219B
-133.08x18.57x102.94x-.--% 120B
13.79x1.52x8.01x3.47% 114B
13.78x2.51x9.46x5.96% 80.39B
19.36x5.14x12.63x2.93% 57.92B
13.62x1.97x8.34x5.72% 43.9B
22.36x1.83x11.42x1.31% 43.83B
21.06x1.6x10.17x0.89% 40.53B
17.65x2.23x10.58x4.95% 36.18B
Average 1.26x 4.34x 20.73x 3.13% 83.86B
Weighted average by Cap. -5.40x 5.32x 25.46x 2.92%

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

-40%: Exceptional extension
d
:
:
SEIZE THE OFFER!