Company Valuation: Sansiri

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 18,306 26,265 29,181 31,143 23,366 25,841 - -
Change - 43.47% 11.1% 6.72% -24.97% 10.59% - -
Enterprise Value (EV) 1 80,830 26,265 108,765 103,511 90,144 97,013 96,175 92,607
Change - -67.51% 314.11% -4.83% -12.91% 7.62% -0.86% -3.71%
P/E 11x 6.67x 5.12x 6.32x 5.61x 5.91x 5.75x 5.42x
PBR 0.47x - 0.62x 0.65x 0.47x 0.49x 0.47x 0.46x
PEG - 0x 0.2x -0.4x -0.3x 1.43x 2.13x 0.89x
Capitalization / Revenue 0.64x 0.78x 0.79x 0.82x 0.71x 0.76x 0.71x 0.7x
EV / Revenue 2.82x 0.78x 2.94x 2.74x 2.74x 2.84x 2.65x 2.5x
EV / EBITDA 23.2x 5.46x 18.1x 21.8x 22.1x 21.7x 19.6x 19.4x
EV / EBIT 30.4x 6.64x 21.3x 26.3x 27.5x 25.7x 24.5x 23.6x
EV / FCF -26.6x - -63.5x 10x 7.28x -20.6x -275x -23.8x
FCF Yield -3.76% - -1.57% 9.96% 13.7% -4.85% -0.36% -4.2%
Dividend per Share 2 0.06 - 0.2 0.17 0.13 0.1311 0.1354 0.1415
Rate of return 4.88% - 11.3% 9.44% 9.7% 8.92% 9.21% 9.63%
EPS 2 0.112 0.264 0.346 0.285 0.239 0.2489 0.2556 0.2712
Distribution rate 53.6% - 57.8% 59.6% 54.4% 52.7% 53% 52.2%
Net sales 1 28,642 33,712 36,965 37,786 32,853 34,175 36,316 36,972
EBITDA 1 3,477 4,807 6,003 4,745 4,071 4,476 4,910 4,776
EBIT 1 2,660 3,957 5,098 3,928 3,273 3,768 3,919 3,927
Net income 1 2,017 4,280 6,060 5,253 4,513 4,453 4,582 4,692
Net Debt 1 62,524 - 79,584 72,369 66,778 71,173 70,334 66,766
Reference price 2 1.230 1.760 1.770 1.800 1.340 1.470 1.470 1.470
Nbr of stocks (in thousands) 14,883,054 14,923,126 16,486,281 17,301,521 17,437,601 17,578,686 - -
Announcement Date 3/1/22 2/28/23 2/28/24 2/28/25 2/28/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
62.84x - - - 67.89B
9.96x3.8x8.73x-.--% 23.01B
7.8x16.09x19.1x6.46% 19.54B
4.07x0.07x0.12x7.84% 13.9B
8.31x16.8x - 6.36% 8.29B
7.42x0.78x6.58x2.71% 5.49B
-1.92x1.64x-252.54x-.--% 5.27B
4.77x13.57x19.68x6.01% 4.4B
9.27x0.57x7.26x4.07% 4.06B
Average 12.50x 6.67x -27.30x 4.18% 16.87B
Weighted average by Cap. 32.02x 7.35x -7.96x 4.12%

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