Company Valuation: Thanachart Capital

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 39,585 44,566 51,906 52,954 61,081 92,539 - -
Change - 12.58% 16.47% 2.02% 15.35% 51.5% - -
Enterprise Value (EV) 39,585 44,566 51,906 52,954 61,081 92,539 92,539 92,539
Change - 12.58% 16.47% 2.02% 15.35% 51.5% 0% 0%
P/E 7.49x 8.53x 7.86x 7.97x 7.88x 11.2x 10.8x 10.5x
PBR 0.61x 0.67x 0.74x 0.72x 0.76x 1.09x 1.03x 0.97x
PEG - -7.17x 0.3x 12.55x 0.5x 1.7x 3.2x 2.87x
Capitalization / Revenue 3.54x 4.06x 4.21x 4.33x 5.49x 5.93x 5.74x 5.12x
EV / Revenue 0x 0x 0x 0x 0x 5.93x 5.74x 5.12x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 9.05x 8.91x 8.41x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 3 3.1 3.2 3.25 3.35 3.675 3.82 3.6
Rate of return 7.95% 7.29% 6.46% 6.44% 5.75% 4.16% 4.33% 4.08%
EPS 2 5.04 4.98 6.3 6.34 7.39 7.877 8.142 8.44
Distribution rate 59.5% 62.2% 50.8% 51.3% 45.3% 46.7% 46.9% 42.7%
Net sales 1 11,184 10,968 12,329 12,233 11,135 15,596 16,128 18,077
EBITDA - - - - - - - -
EBIT 1 8,041 7,693 8,918 8,775 9,497 10,225 10,386 10,997
Net income 1 5,287 5,220 6,603 6,646 9,289 8,258 8,556 8,848
Net Debt - - - - - - - -
Reference price 2 37.75 42.50 49.50 50.50 58.25 88.25 88.25 88.25
Nbr of stocks (in thousands) 1,048,604 1,048,604 1,048,604 1,048,604 1,048,605 1,048,605 - -
Announcement Date 2/25/22 2/22/23 2/21/24 2/21/25 2/20/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.98x - - 4.25% 2.74B
12.35x1.16x5.42x2.38% 17.28B
7.65x14.02x - 0.51% 13.81B
6.53x10.12x29.54x2.43% 12.46B
Average 9.38x 8.43x 17.48x 2.39% 11.57B
Weighted average by Cap. 9.30x 7.80x 15.52x 1.95%

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. TCAP Stock
  4. Valuation Thanachart Capital