Company Valuation: Simat Technologies

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,844 2,983 1,323 1,206 927.4 875.6
Change - 61.78% -55.65% -8.82% -23.12% -5.59%
Enterprise Value (EV) 1 2,443 3,378 1,355 1,585 1,290 1,567
Change - 38.25% -59.9% 17.02% -18.63% 21.5%
P/E 50x 41.8x 21.1x 49.9x 23.8x 13.6x
PBR 3.59x 3.13x 1.3x 1.21x 0.89x 0.84x
PEG - 0.7x -1.7x -0.8x 0.4x 0.2x
Capitalization / Revenue 1.81x 3.07x 1.44x 1.39x 1.01x 0.88x
EV / Revenue 2.4x 3.48x 1.47x 1.82x 1.41x 1.58x
EV / EBITDA 13.3x 12.4x 6x 8.58x 6.3x 8.66x
EV / EBIT 20.2x 19.9x 11.5x 25.8x 17.7x 23.3x
EV / FCF 6.09x -18.7x 4.28x -5.31x -19.5x -5.86x
FCF Yield 16.4% -5.35% 23.4% -18.8% -5.14% -17.1%
Dividend per Share 2 - - - - - 0.09
Rate of return - - - - - 6.67%
EPS 2 0.07 0.11 0.0967 0.0373 0.06 0.0995
Distribution rate - - - - - 90.5%
Net sales 1 1,020 971.5 919.9 870.5 914.4 993
EBITDA 1 184.2 271.5 225.8 184.9 204.7 181.1
EBIT 1 121.1 169.8 118.2 61.4 72.7 67.29
Net income 1 40.78 74.24 62.71 24.17 40.73 64.53
Net Debt 1 599.4 394.5 31.65 379 362.5 691.6
Reference price 2 3.500 4.600 2.040 1.860 1.430 1.350
Nbr of stocks (in thousands) 526,882 648,565 648,565 648,565 648,565 648,565
Announcement Date 3/1/21 2/28/22 2/28/23 2/29/24 2/28/25 2/27/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 23.9M
25.68x1.75x16.26x0.57% 283B
65.11x16.15x43.91x0.34% 193B
21.64x1.72x9.05x1.19% 63.15B
16.58x0.35x6.57x1.96% 38.5B
24.64x3.99x15.09x1.34% 28.85B
11.36x0.5x6.1x4.66% 23.55B
36.64x19.62x26.83x1.41% 22.79B
53.31x - - 0.46% 21.07B
15.29x0.29x8.54x0.79% 19.42B
Average 30.03x 5.55x 16.54x 1.41% 69.27B
Weighted average by Cap. 36.16x 6.42x 22.69x 0.84%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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