Company Valuation: Triple i Logistics

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,249 9,141 7,813 4,383 3,120 3,919 - -
Change - -1.16% -14.54% -43.89% -28.83% 25.62% - -
Enterprise Value (EV) 1 9,697 9,254 8,037 4,714 3,560 4,313 4,072 3,843
Change - -4.57% -13.15% -41.35% -24.48% 21.14% -5.59% -5.62%
P/E 26.4x 11.8x 9.43x 9.93x 7.97x 9.62x 8.79x 8.36x
PBR 5.3x 3.42x 2.06x 1.12x 0.79x 0.98x 0.93x 0.88x
PEG - 0.1x -1.59x -0.2x -0.82x 2.37x 0.93x 1.62x
Capitalization / Revenue 3.15x 3.28x 4.43x 1.83x 1.26x 1.56x 1.46x 1.38x
EV / Revenue 3.3x 3.32x 4.55x 1.97x 1.44x 1.72x 1.51x 1.36x
EV / EBITDA 28.2x 25.9x 57.1x 36.7x 25.3x 24.2x 20x 18.4x
EV / EBIT 39.8x 34.5x 127x 94.3x 55.8x 53.9x 38.1x 32.8x
EV / FCF 104x 27.8x -31.9x 37.4x 24.8x 6.92x 6.23x 5.75x
FCF Yield 0.96% 3.59% -3.14% 2.67% 4.02% 14.4% 16.1% 17.4%
Dividend per Share 2 0.4 - 0.38 0.32 0.25 0.27 0.3 0.31
Rate of return 2.68% - 3.82% 5.71% 6.16% 5.29% 5.88% 6.08%
EPS 2 0.5634 1.121 1.055 0.5639 0.5093 0.53 0.58 0.61
Distribution rate 71% - 36% 56.7% 49.1% 50.9% 51.7% 50.8%
Net sales 1 2,939 2,789 1,764 2,398 2,478 2,513 2,690 2,833
EBITDA 1 344.1 357.7 140.6 128.3 141 178.5 204 209
EBIT 1 243.8 268.2 63.39 50 63.79 80 107 117
Net income 1 377.3 795.7 866.2 441.4 393.6 429.5 468 495
Net Debt 1 448.7 112.9 224.5 330.6 440.4 394 153 -76
Reference price 2 14.900 13.200 9.950 5.600 4.060 5.100 5.100 5.100
Nbr of stocks (in thousands) 620,710 692,532 785,181 782,753 768,356 768,356 - -
Announcement Date 2/23/22 2/21/23 2/21/24 2/19/25 2/27/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.53x1.7x23.95x5.35% 118M
10.67x0.89x4.29x3.77% 4.51B
28.42x1.86x5.91x1.92% 863M
Average 16.21x 1.48x 11.38x 3.68% 1.83B
Weighted average by Cap. 13.44x 1.06x 4.97x 3.52%

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. III Stock
  4. Valuation Triple i Logistics