Company Valuation: Thai Eastern Group

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027
Market Cap 1 5,119 3,024 3,866 3,240 3,283 -
Change - -40.93% 27.86% -16.2% 1.33% -
Enterprise Value (EV) 7,762 6,091 8,517 6,339 3,283 3,283
Change - -21.53% 39.83% -25.58% -48.2% 0%
P/E 6.08x - 6.88x 6.12x 5.63x 4.68x
PBR 1.58x 0.95x 1.06x 0.83x - -
PEG -0.1x - - -1.06x 0.6x 0.2x
Capitalization / Revenue 0.33x 0.25x 0.23x 0.16x 0.15x 0.15x
EV / Revenue 0x 0x 0x 0x 0.15x 0.15x
EV / EBITDA 0x 0x 0x 0x 2.69x 3.28x
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 0.26 0.1 0.21 0.22 0.22 0.26
Rate of return 5.49% 3.57% 5.87% 7.33% 7.24% 8.55%
EPS 2 0.78 - 0.52 0.49 0.54 0.65
Distribution rate 33.3% - 40.4% 44.9% 40.7% 40%
Net sales 1 15,403 12,143 16,844 19,980 21,754 22,465
EBITDA 1 1,124 668.2 1,142 1,632 1,219 1,000
EBIT 804.1 337.4 784.2 561.6 - -
Net income 1 684 214.9 556.3 533.4 583 707
Net Debt 2,643 3,067 4,651 3,099 - -
Reference price 2 4.740 2.800 3.580 3.000 3.040 3.040
Nbr of stocks (in thousands) 1,080,000 1,080,000 1,080,000 1,080,000 1,080,000 -
Announcement Date 2/27/23 2/28/24 2/28/25 2/28/26 - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.67x - - 7.19% 99.91M
14.93x1.13x5.94x3.01% 33.05B
14.03x1.02x5.46x3.9% 27.07B
9.68x1.26x6.12x3.1% 7.62B
10.16x1.02x5.99x2.8% 6.35B
9.52x - - 3.2% 6.25B
18.07x - - 3.1% 4.95B
10.78x0.71x5.41x4.05% 4B
8.4x0.86x4.03x3.74% 3.64B
129.84x - - - 2.53B
Average 23.11x 1.00x 5.49x 3.79% 9.56B
Weighted average by Cap. 16.36x 1.07x 5.69x 3.36%

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

  1. Stock Market
  2. Stocks
  3. TEGH Stock
  4. Valuation Thai Eastern Group