Company Valuation: Supalai

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 44,223 47,459 36,327 35,546 32,070 30,183 - -
Change - 7.32% -23.46% -2.15% -9.78% -5.88% - -
Enterprise Value (EV) 1 62,487 47,459 58,780 64,609 66,269 60,282 61,194 59,323
Change - -24.05% 23.85% 9.92% 2.57% -9.03% 1.51% -3.06%
P/E 6.25x 5.8x 6.06x 5.74x 8.13x 6.93x 6.49x 5.88x
PBR 1.05x - 0.72x 0.67x 0.6x 0.54x 0.52x 0.5x
PEG - 0.4x -0.2x 1.76x -0.2x 0.7x 0.96x 0.6x
Capitalization / Revenue 1.52x 1.38x 1.17x 1.14x 1.33x 1.19x 1.15x 1.09x
EV / Revenue 2.14x 1.38x 1.89x 2.07x 2.75x 2.38x 2.33x 2.14x
EV / EBITDA 7.4x 4.99x 7.96x 8.43x 14.2x 10.9x 10.8x 9.65x
EV / EBIT 7.51x 5.06x 8.11x 8.66x 14.8x 12.2x 12x 10.6x
EV / FCF 15.9x - -227x -69.5x 93.1x 6.52x 13.5x 15.4x
FCF Yield 6.28% - -0.44% -1.44% 1.07% 15.3% 7.39% 6.49%
Dividend per Share 2 1 - 1.45 1.35 1.4 1.251 1.301 1.405
Rate of return 4.41% - 7.8% 7.42% 8.24% 7.82% 8.13% 8.78%
EPS 2 3.63 4.19 3.07 3.17 2.09 2.31 2.467 2.722
Distribution rate 27.5% - 47.2% 42.6% 67% 54.2% 52.7% 51.6%
Net sales 1 29,160 34,486 31,177 31,194 24,124 25,374 26,287 27,778
EBITDA 1 8,444 9,514 7,386 7,665 4,680 5,528 5,688 6,146
EBIT 1 8,321 9,387 7,249 7,462 4,467 4,932 5,116 5,594
Net income 1 7,070 8,173 5,989 6,190 4,015 4,483 4,779 5,228
Net Debt 1 18,264 - 22,453 29,064 34,200 30,099 31,011 29,139
Reference price 2 22.70 24.30 18.60 18.20 17.00 16.00 16.00 16.00
Nbr of stocks (in thousands) 1,948,141 1,953,054 1,953,054 1,953,054 1,886,454 1,886,454 - -
Announcement Date 2/22/22 2/21/23 2/20/24 2/25/25 2/25/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.45x4.54x12.45x3.46% 41.67B
8.11x1.43x7.16x4.4% 29.19B
22.57x4.4x18.47x1.13% 30.82B
6.57x0.91x1.83x7.68% 31.33B
15.22x3.15x15.57x2.3% 25.47B
16.16x1.03x6.81x2.31% 22.43B
10.24x1.66x14.1x3.69% 18.94B
9.13x2.2x7.56x4.07% 19.94B
Average 12.80x 2.41x 10.49x 3.63% 27.47B
Weighted average by Cap. 13.04x 2.61x 10.56x 3.68%

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

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