Company Valuation: Tapaco

Data adjusted to current consolidation scope
Fiscal Period: October 2020 2021 2022 2023 2024 2025
Market Cap 1 1,211 1,738 1,318 543.7 214.2 214.2
Change - 43.54% -24.17% -58.75% -60.61% 0%
Enterprise Value (EV) 1 1,861 2,749 1,846 1,096 473.3 407.8
Change - 47.7% -32.87% -40.63% -56.81% -13.84%
P/E -25.6x -144x 11.9x -7.09x -0.77x 2.89x
PBR 1.28x 1.91x 1.33x 0.63x 0.34x 0.3x
PEG - 1.9x -0x 0x -0x -0x
Capitalization / Revenue 0.69x 0.68x 0.49x 0.3x 0.15x 0.13x
EV / Revenue 1.05x 1.07x 0.69x 0.61x 0.32x 0.24x
EV / EBITDA 21.7x 23.5x 11.4x 30.8x -3.9x 3x
EV / EBIT -70.9x 72.6x 28.8x -23.6x -2.94x 4.28x
EV / FCF 10x -8.2x 7.12x 27.6x 1.05x 5.35x
FCF Yield 9.97% -12.2% 14% 3.63% 95.1% 18.7%
Dividend per Share 2 0.01 0.01 0.02 0.04 - -
Rate of return 0.34% 0.24% 0.63% 3.03% - -
EPS 2 -0.1149 -0.0292 0.2684 -0.1862 -0.6758 0.1802
Distribution rate -8.71% -34.2% 7.45% -21.5% - -
Net sales 1 1,766 2,561 2,665 1,788 1,476 1,679
EBITDA 1 85.59 116.9 162 35.61 -121.3 135.9
EBIT 1 -26.24 37.89 64.05 -46.43 -160.9 95.27
Net income 1 -47.31 -12.04 110.5 -76.67 -278.4 74.23
Net Debt 1 650.6 1,011 527.7 552.2 259.2 193.7
Reference price 2 2.9400 4.2200 3.2000 1.3200 0.5200 0.5200
Nbr of stocks (in thousands) 411,864 411,864 411,864 411,864 411,864 411,864
Announcement Date 1/4/21 1/6/22 1/29/23 3/27/24 6/15/26 9/15/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 6.44M
63.53x - - - 67.71B
9.14x3.47x7.68x-.--% 21.5B
6.96x15.44x18.34x7.25% 17.01B
4.33x0.02x0.04x7.47% 14.57B
7.49x16.03x - 7.06% 7.38B
-1.5x1.55x-18787.91x-.--% 5.99B
7.15x0.76x6.2x2.84% 5.31B
4.42x13.27x19.25x6.48% 4.03B
Average 12.69x 7.22x -3,122.73x 4.44% 15.95B
Weighted average by Cap. 33.32x 6.90x -1,637.84x 4.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


-40%: Exceptional extension
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