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 11,948 - -
Change - 27.43% -8.33% -3.79% -31.89% 26.01% - -
Enterprise Value (EV) 1 13,323 12,092 12,925 13,429 9,879 12,644 15,808 11,948
Change - -9.24% 6.89% 3.9% -26.44% 27.99% 25.02% -24.42%
P/E 86.9x 360x 41.3x -635x 216x 47.4x 93.4x 46.4x
PBR 1.11x 1.5x 1.41x 1.39x 0.94x 1.19x 1.17x -
PEG - -5.2x 0x 6x -1x 0x -1.9x 0x
Capitalization / Revenue 3.75x 5.1x 5.51x 5.77x 3.83x 5.74x 4.09x 4.2x
EV / Revenue 4.03x 3.91x 4.92x 5.57x 3.99x 6.07x 5.41x 4.2x
EV / EBITDA 11.2x 10.9x 14.4x 23.2x 12.2x 18.5x 14.6x 8.66x
EV / EBIT 193x 24.9x 51.9x -637x 76x -56.2x 111x 20.3x
EV / FCF 11.6x 6.23x -27.8x -11x -6.86x -13.3x -5.87x 17.3x
FCF Yield 8.65% 16.1% -3.59% -9.06% -14.6% -7.55% -17% 5.79%
Dividend per Share 2 - 0.5 0.13 - - 0.035 0.0333 -
Rate of return - 3.47% 0.98% - - 0.32% 0.31% -
EPS 2 0.13 0.04 0.32 -0.02 0.04 0.23 0.1167 0.235
Distribution rate - 1,250% 40.6% - - 15.2% 28.6% -
Net sales 1 3,303 3,096 2,627 2,413 2,474 2,083 2,922 2,846
EBITDA 1 1,189 1,107 899 579.9 809.4 683.3 1,080 1,380
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 97 128.7 262
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 10.90 10.90 10.90
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.96x1.37x4.99x5.52% 85.03B
-129.21x3.3x21.15x-.--% 24.37B
-42.55x114.93x-73.41x-.--% 17.62B
-219.42x34.9x69.97x-.--% 10.74B
52.21x7.05x13.34x1.31% 5.02B
21.76x4.25x10.45x2.3% 3.74B
-7.03x3.34x6.36x-.--% 2.78B
-103.41x7.64x47.65x - 2.08B
Average -52.46x 22.10x 12.56x 1.3% 18.92B
Weighted average by Cap. -36.13x 17.66x 4.10x 3.24%

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