Company Valuation: SPCG

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 19,577 19,427 15,309 13,092 8,921 9,819
Change - -0.77% -21.2% -14.48% -31.85% 10.06%
Enterprise Value (EV) 1 21,307 20,782 14,275 10,205 5,930 8,393
Change - -2.46% -31.31% -28.51% -41.9% 41.54%
P/E Ratio 7.17x 7.75x 6.6x 7.12x 13.1x 26x
PBR 1.29x 1.16x 0.84x 0.68x 0.48x 0.61x
PEG - -0.5x -0.89x -0.3x -0.2x -0.6x
Capitalization / Revenue 3.98x 4.32x 3.51x 3.17x 4.35x 5.69x
EV / Revenue 4.33x 4.63x 3.28x 2.47x 2.89x 4.86x
EV / EBITDA 5.34x 5.54x 4.03x 3.49x 4.05x 7.87x
EV / EBIT 6.41x 6.72x 4.93x 4.48x 7.25x 20x
EV / FCF 8.06x -400x 5.6x 4.52x 5.31x 7.41x
FCF Yield 12.4% -0.25% 17.9% 22.1% 18.8% 13.5%
Dividend per Share 2 1.2 0.8 0.85 0.95 1.2 0.66
Rate of return 5.97% 4.35% 5.86% 7.66% 14.2% 7.1%
EPS 2 2.805 2.374 2.198 1.741 0.6464 0.3583
Distribution rate 42.8% 33.7% 38.7% 54.6% 186% 184%
Net sales 1 4,920 4,493 4,358 4,126 2,049 1,726
EBITDA 1 3,991 3,749 3,543 2,923 1,466 1,067
EBIT 1 3,322 3,092 2,893 2,278 817.9 420.5
Net income 1 2,732 2,479 2,320 1,838 682.5 378.3
Net Debt 1 1,730 1,356 -1,034 -2,886 -2,992 -1,426
Reference price 2 20.100 18.400 14.500 12.400 8.450 9.300
Nbr of stocks (in thousands) 973,990 1,055,790 1,055,790 1,055,790 1,055,790 1,055,790
Announcement Date 3/1/21 2/25/22 2/27/23 2/23/24 2/24/25 2/24/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 286M
-86.88x6.84x13.43x4.31% 12.48B
25.9x3.97x9.3x0.32% 9.1B
75.89x9.76x17.62x0.35% 8.49B
24.12x3.88x12.8x4.19% 5.96B
18.45x4.35x13.72x2.65% 1.07B
990.13x5.03x13.92x-.--% 1.06B
16.48x7.51x14.39x - 843M
Average 152.01x 5.91x 13.60x 1.97% 4.91B
Weighted average by Cap. 26.31x 6.25x 13.32x 2.29%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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