Company Valuation: TTW

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 45,486 35,910 36,508 36,309 36,110 41,895 - -
Change - -21.05% 1.67% -0.55% -0.55% 16.02% - -
Enterprise Value (EV) 45,486 35,910 37,794 37,216 37,957 41,895 41,895 41,895
Change - -21.05% 5.25% -1.53% 1.99% 10.38% 0% 0%
P/E 14.6x 12.2x 12.5x 13x 11x 13.1x 13.1x 13.1x
PBR 3.21x 2.44x 2.4x 2.32x 2.17x 2.44x - -
PEG - -2.38x -9.25x -3.16x 0.6x -5.37x - -
Capitalization / Revenue 7.83x 6.31x 6.47x 7.12x 6.89x 7.76x 7.58x 7.31x
EV / Revenue 0x 0x 0x 0x 0x 7.76x 7.58x 7.31x
EV / EBITDA 0x 0x 0x 0x 0x 9.34x 9.37x 8.69x
EV / EBIT - - - - - - - -
EV / FCF - - 0x 0x -0x 16.7x - -
FCF Yield - - 9.74% 8.71% -0.14% 6% - -
Dividend per Share 2 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6
Rate of return 5.26% 6.67% 6.56% 6.59% 6.63% 5.71% 5.71% 5.71%
EPS 2 0.78 0.74 0.73 0.7 0.82 0.8 0.8 0.8
Distribution rate 76.9% 81.1% 82.2% 85.7% 73.2% 75% 75% 75%
Net sales 1 5,806 5,691 5,644 5,098 5,238 5,396 5,524 5,731
EBITDA 1 4,700 4,525 4,276 3,800 3,993 4,485 4,469 4,819
EBIT - - 3,291 3,157 3,332 - - -
Net income 1 3,104 2,967 2,932 2,791 3,266 3,066 3,172 3,319
Net Debt - - 1,285 907.1 1,847 - - -
Reference price 2 11.40 9.00 9.15 9.10 9.05 10.50 10.50 10.50
Nbr of stocks (in thousands) 3,990,000 3,990,000 3,990,000 3,990,000 3,990,000 3,990,000 - -
Announcement Date 2/22/22 2/21/23 2/22/24 2/26/25 2/24/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.58x7.74x13.86x2.68% 26.09B
11.32x3.08x5.81x5.71% 7B
19.06x4.09x9.85x3.12% 4.79B
13.43x4.13x13.23x7.12% 2.93B
21.88x5.45x13.53x2.89% 2.56B
8.03x2.22x5.43x5.2% 2.12B
6.49x5.82x8.52x6.1% 1.7B
375.89x3.69x7.19x0.6% 1.59B
Average 59.71x 4.53x 9.68x 4.18% 6.1B
Weighted average by Cap. 29.82x 5.94x 11.48x 3.6%

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