Company Valuation: Tapaco

Data adjusted to current consolidation scope
Fiscal Period: October 2019 2020 2021 2022 2023 2024
Market Cap 1 2,965 1,211 1,738 1,318 543.7 214.2
Change - -59.17% 43.54% -24.17% -58.75% -60.61%
Enterprise Value (EV) 1 3,751 1,861 2,749 1,846 1,096 473.3
Change - -50.37% 47.7% -32.87% -40.63% -56.81%
P/E 37.9x -25.6x -144x 11.9x -7.09x -0.77x
PBR 2.91x 1.28x 1.91x 1.33x 0.63x 0.34x
PEG - 0x 1.9x -0x 0x -0x
Capitalization / Revenue 1.62x 0.69x 0.68x 0.49x 0.3x 0.15x
EV / Revenue 2.05x 1.05x 1.07x 0.69x 0.61x 0.32x
EV / EBITDA 19.5x 21.7x 23.5x 11.4x 30.8x -3.9x
EV / EBIT 32.6x -70.9x 72.6x 28.8x -23.6x -2.94x
EV / FCF -42.8x 10x -8.2x 7.12x 27.6x 1.05x
FCF Yield -2.34% 9.97% -12.2% 14% 3.63% 95.1%
Dividend per Share 2 0.06 0.01 0.01 0.02 0.04 -
Rate of return 0.83% 0.34% 0.24% 0.63% 3.03% -
EPS 2 0.19 -0.1149 -0.0292 0.2684 -0.1862 -0.6758
Distribution rate 31.6% -8.71% -34.2% 7.45% -21.5% -
Net sales 1 1,832 1,766 2,561 2,665 1,788 1,476
EBITDA 1 192.3 85.59 116.9 162 35.61 -121.3
EBIT 1 114.9 -26.24 37.89 64.05 -46.43 -160.9
Net income 1 79.23 -47.31 -12.04 110.5 -76.67 -278.4
Net Debt 1 785.3 650.6 1,011 527.7 552.2 259.2
Reference price 2 7.2000 2.9400 4.2200 3.2000 1.3200 0.5200
Nbr of stocks (in thousands) 411,864 411,864 411,864 411,864 411,864 411,864
Announcement Date 1/2/20 1/4/21 1/6/22 1/29/23 3/27/24 6/15/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 6.41M
58.58x - - - 62.77B
11.24x3.78x10.05x-.--% 23.11B
8.01x16.29x19.25x6.08% 20.6B
4.16x0.07x0.13x8.33% 14.14B
8.6x17.07x - 6.15% 8.51B
8.1x0.83x6.81x2.41% 6.05B
-1.93x1.72x114.55x-.--% 5.48B
5.45x13.79x20.52x5.83% 4.54B
9.65x0.57x7.63x3.94% 4.05B
Average 12.43x 6.77x 25.56x 4.09% 14.93B
Weighted average by Cap. 29.05x 7.50x 18.26x 4.08%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA