Company Valuation: Thai Parcels

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025
Market Cap 1 728.4 429.7 1,002
Change - -41.01% 133.13%
Enterprise Value (EV) 1 509.4 305.2 1,758
Change - -40.08% 475.88%
P/E -205x 142x -4.93x
PBR 0.9x 0.53x 0.59x
PEG 2x -1x 0x
Capitalization / Revenue 1.45x 0.85x 1.55x
EV / Revenue 1.01x 0.6x 2.71x
EV / EBITDA 20.4x 8.13x 70.7x
EV / EBIT -332x 24.5x -31.2x
EV / FCF -29.9x 6.35x 92.2x
FCF Yield -3.35% 15.7% 1.08%
Dividend per Share 2 - - -
Rate of return - - -
EPS 2 -0.006771 0.005767 -0.1034
Distribution rate - - -
Net sales 1 502 507.5 648.3
EBITDA 1 24.92 37.53 24.87
EBIT 1 -1.533 12.45 -56.28
Net income 1 -3.154 3.022 -79.44
Net Debt 1 -219 -124.5 756
Reference price 2 1.3900 0.8200 0.5100
Nbr of stocks (in thousands) 524,000 524,000 1,964,161
Announcement Date 2/27/24 2/26/25 3/2/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 31.27M
14.73x9.21x28.51x4.68% 42.01B
12.81x0.37x3.55x3.52% 23.18B
11.18x1.65x5.79x3.75% 16.77B
8.77x0.57x4.65x2.82% 7.69B
10.42x0.39x5.29x1.23% 3.04B
16.59x0.9x6.88x5.71% 2.45B
11.33x0.47x3.07x3.66% 895M
Average 12.26x 1.94x 8.25x 3.62% 12.01B
Weighted average by Cap. 13.05x 4.49x 15.09x 4%

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. TPL Stock
  4. Valuation Thai Parcels