Company Valuation: Sappe

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,035 13,642 26,667 20,866 9,319 9,088 - -
Change - 69.78% 95.48% -21.75% -55.34% -2.48% - -
Enterprise Value (EV) 1 8,035 13,353 26,122 20,105 8,636 8,283 8,069 8,042
Change - 66.19% 95.62% -23.03% -57.05% -4.09% -2.58% -0.34%
P/E 19.6x 20.9x 24.8x 16.6x 12.2x 12.4x 10.9x 9.65x
PBR 2.77x 4.19x 6.99x 4.76x 2.19x 1.95x 1.79x 1.67x
PEG - 0.4x 0.4x 1x -0.3x -2.9x 0.8x 0.7x
Capitalization / Revenue 2.33x 2.99x 4.41x 3.08x 1.77x 1.61x 1.49x 1.39x
EV / Revenue 2.33x 2.92x 4.32x 2.97x 1.64x 1.47x 1.33x 1.23x
EV / EBITDA 10.8x 13.1x 16.9x 11.1x 7.12x 6.84x 6.02x 5.56x
EV / EBIT 14.7x 16.1x 19.1x 12.8x 8.97x 8.72x 7.44x 6.77x
EV / FCF - 19.1x 29.4x -249x 25.4x 14.2x 12.5x 9.44x
FCF Yield - 5.24% 3.4% -0.4% 3.94% 7.06% 8.02% 10.6%
Dividend per Share 2 1.1 - - - - 1.538 1.677 1.889
Rate of return 4.19% - - - - 5.13% 5.59% 6.3%
EPS 2 1.34 2.12 3.49 4.07 2.53 2.422 2.749 3.108
Distribution rate 82.1% - - - - 63.5% 61% 60.8%
Net sales 1 3,444 4,566 6,053 6,775 5,253 5,649 6,080 6,538
EBITDA 1 743.4 1,018 1,546 1,804 1,213 1,211 1,340 1,447
EBIT 1 545.5 830.5 1,368 1,567 962.6 950.2 1,085 1,187
Net income 1 410.8 653.2 1,074 1,253 776.2 745 844.1 954.6
Net Debt 1 - -288.4 -544.7 -760.7 -683.1 -805 -1,019 -1,046
Reference price 2 26.25 44.25 86.50 67.75 30.75 30.00 30.00 30.00
Nbr of stocks (in thousands) 306,087 308,289 308,289 307,987 303,055 302,925 - -
Announcement Date 2/24/22 2/28/23 2/27/24 2/24/25 2/27/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.47x8.52x24.38x2.27% 405B
16.53x2.27x11.85x4.26% 187B
41.16x9.15x29.68x-.--% 92.74B
22.53x6.5x14.5x3.13% 60.7B
23.3x2.53x13.97x2.16% 50.12B
23.46x2.92x11.23x2.61% 48.77B
17.16x1.62x8x3.65% 24.3B
19.69x1.72x10.73x2.32% 22.97B
18.63x1.62x7.91x4.35% 19.98B
Average 23.33x 4.10x 14.70x 2.75% 101.27B
Weighted average by Cap. 25.18x 6.03x 19.27x 2.6%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Sappe

Historical PBR trend

Valuation ratios - PBR - Sappe

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Sappe

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Sappe


Year-on-year evolution of the Yield

Valuation ratios - Yield - Sappe