Company Valuation: Thaicom

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,386 15,784 14,469 13,920 9,481 12,824 - -
Change - 27.43% -8.33% -3.79% -31.89% 35.26% - -
Enterprise Value (EV) 1 13,323 12,092 12,925 13,429 9,879 13,520 16,684 12,824
Change - -9.24% 6.89% 3.9% -26.44% 36.87% 23.4% -23.14%
P/E 86.9x 360x 41.3x -635x 216x 60x 100x 49.8x
PBR 1.11x 1.5x 1.41x 1.39x 0.94x 1.28x 1.26x -
PEG - -5.2x 0x 6x -1x 0x -2.5x 0x
Capitalization / Revenue 3.75x 5.1x 5.51x 5.77x 3.83x 6.16x 4.39x 4.51x
EV / Revenue 4.03x 3.91x 4.92x 5.57x 3.99x 6.49x 5.71x 4.51x
EV / EBITDA 11.2x 10.9x 14.4x 23.2x 12.2x 17.7x 14.6x 7.84x
EV / EBIT 193x 24.9x 51.9x -637x 76x -60.1x 117x 21.8x
EV / FCF 11.6x 6.23x -27.8x -11x -6.86x -8.03x -6.2x 18.5x
FCF Yield 8.65% 16.1% -3.59% -9.06% -14.6% -12.4% -16.1% 5.4%
Dividend per Share 2 - 0.5 0.13 - - - 0.05 -
Rate of return - 3.47% 0.98% - - - 0.43% -
EPS 2 0.13 0.04 0.32 -0.02 0.04 0.195 0.1167 0.235
Distribution rate - 1,250% 40.6% - - - 42.9% -
Net sales 1 3,303 3,096 2,627 2,413 2,474 2,083 2,922 2,846
EBITDA 1 1,189 1,107 899 579.9 809.4 764 1,142 1,636
EBIT 1 69.19 486.3 249 -21.09 130 -225 142 589
Net income 1 143.6 42.21 353.6 -22.84 40 72.33 128.7 262
Net Debt 1 936.8 -3,692 -1,543 -491.6 397.3 696 3,860 -
Reference price 2 11.30 14.40 13.20 12.70 8.65 11.70 11.70 11.70
Nbr of stocks (in thousands) 1,096,102 1,096,102 1,096,102 1,096,102 1,096,102 1,096,102 - -
Announcement Date 2/4/22 2/10/23 2/8/24 2/7/25 2/10/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
8.92x1.46x5.3x4.92% 95.28B
2.42x2.43x16.45x-.--% 25.22B
-30.09x134.26x-58.5x-.--% 20.58B
-132.84x35.8x73.21x-.--% 10.67B
54.02x7.23x13.69x1.27% 5.19B
22.65x4.52x10.87x2.17% 3.97B
-6.06x3.18x6.05x-.--% 2.61B
-12.34x2.35x5.45x10.18% 2.4B
Average -11.66x 23.90x 9.06x 2.32% 20.74B
Weighted average by Cap. -4.83x 20.58x 3.86x 3.07%

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