Company Valuation: Sub Sri Thai

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,163 2,817 3,554 2,711 1,958 768.6
Change - 142.13% 26.17% -23.7% -27.77% -60.75%
Enterprise Value (EV) 1 4,135 5,892 7,493 6,616 5,798 4,377
Change - 42.48% 27.17% -11.7% -12.37% -24.5%
P/E -4.15x -85.3x 29.9x -5,207x -6.51x -1.44x
PBR 0.57x 1.43x 1.73x 1.33x 1.01x 0.54x
PEG - 1x -0x 52x -0x -0x
Capitalization / Revenue 0.43x 1.04x 0.85x 0.66x 0.56x 0.28x
EV / Revenue 1.51x 2.17x 1.79x 1.62x 1.66x 1.57x
EV / EBITDA 37x 24.9x 18.3x 19.6x -73.4x -8.69x
EV / EBIT -66x 74.2x 29.8x 35.5x -24.5x -6.73x
EV / FCF 11.7x 17.7x -75.2x 17.5x 24.5x 66.2x
FCF Yield 8.56% 5.66% -1.33% 5.73% 4.08% 1.51%
Dividend per Share 2 0.0057 0.03 0.045 0.01 - -
Rate of return 0.26% 0.56% 0.67% 0.19% - -
EPS 2 -0.5319 -0.0627 0.2254 -0.000989 -0.5713 -1.013
Distribution rate -1.07% -47.8% 20% -1,011% - -
Net sales 1 2,730 2,716 4,192 4,090 3,493 2,784
EBITDA 1 111.6 236.7 408.5 336.8 -79.02 -504
EBIT 1 -62.67 79.43 251.4 186.5 -236.6 -650.5
Net income 1 -280 -33.01 118.7 -0.521 -300.8 -533.1
Net Debt 1 2,972 3,075 3,939 3,905 3,840 3,609
Reference price 2 2.210 5.350 6.750 5.150 3.720 1.460
Nbr of stocks (in thousands) 526,457 526,457 526,457 526,457 526,457 526,457
Announcement Date 3/1/21 2/25/22 2/27/23 2/28/24 2/28/25 2/27/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 16.19M
47.45x3.75x24.43x2.32% 124B
22.73x1.16x11.38x2.45% 51.15B
19.43x1.97x11.87x2.96% 24.84B
12.82x1.85x8.31x0.8% 12.04B
33.84x1.41x11.87x0.71% 11.59B
32.53x0.48x9.11x2.88% 9.76B
39.73x2.81x15.53x0.36% 8.15B
13.9x1.14x6.92x6.48% 8.71B
124.12x5.04x39.78x-.--% 7.92B
Average 38.51x 2.18x 15.46x 2.11% 25.78B
Weighted average by Cap. 38.03x 2.67x 18.33x 2.29%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


  1. Stock Market
  2. Stocks
  3. SST Stock
  4. Valuation Sub Sri Thai