Company Valuation: Sammakorn

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 776.6 1,213 911.4 750.9 577.6 462.1
Change - 56.2% -24.87% -17.61% -23.08% -20%
Enterprise Value (EV) 1 2,384 2,751 2,471 2,970 2,800 2,199
Change - 15.42% -10.19% 20.19% -5.71% -21.48%
P/E 19.1x 28.8x 8.09x 21.6x -11.4x -24x
PBR 0.33x 0.51x 0.37x 0.31x 0.25x 0.2x
PEG - 7.34x 0x -0.3x 0x 0.4x
Capitalization / Revenue 0.47x 0.84x 0.38x 0.37x 0.36x 0.3x
EV / Revenue 1.43x 1.91x 1.03x 1.48x 1.77x 1.41x
EV / EBITDA 17.2x 23.3x 11.4x 19.2x 36.5x 22.9x
EV / EBIT 23.5x 34x 13.9x 26x 81.1x 41.7x
EV / FCF 4.45x 7.68x -2.86x -1.56x -245x 4.88x
FCF Yield 22.5% 13% -34.9% -64.2% -0.41% 20.5%
Dividend per Share 2 0.03 0.04 0.1 0.03 - 0.02
Rate of return 2.48% 2.12% 7.04% 2.56% - 2.78%
EPS 2 0.0632 0.0657 0.1754 0.0541 -0.0791 -0.03
Distribution rate 47.5% 60.9% 57% 55.5% - -66.7%
Net sales 1 1,669 1,442 2,404 2,003 1,583 1,562
EBITDA 1 138.6 117.9 216 154.8 76.78 96.17
EBIT 1 101.5 80.88 177.9 114.2 34.53 52.69
Net income 1 40.55 42.15 112.6 34.7 -50.77 -19.46
Net Debt 1 1,607 1,538 1,560 2,219 2,223 1,736
Reference price 2 1.2100 1.8900 1.4200 1.1700 0.9000 0.7200
Nbr of stocks (in thousands) 641,800 641,800 641,800 641,800 641,800 641,800
Announcement Date 2/19/21 2/18/22 2/21/23 2/20/24 2/20/25 2/25/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 15.98M
58.66x - - - 62.8B
11.71x3.62x10.43x-.--% 24.06B
8.18x16.63x19.95x5.7% 21.77B
4.41x0.24x0.49x7.69% 15.46B
8.98x17.43x - 5.89% 8.81B
8.05x0.82x6.77x2.43% 5.91B
-2.14x1.58x69.86x-.--% 5.04B
5.94x14.16x21.25x5.35% 4.91B
Average 12.97x 7.78x 21.46x 3.87% 16.53B
Weighted average by Cap. 29.29x 8.01x 15.42x 3.9%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA