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 37,905 - -
Change - -21.05% 1.67% -0.55% -0.55% 4.97% - -
Enterprise Value (EV) 1 45,486 35,910 37,794 37,216 37,957 40,812 40,616 37,905
Change - -21.05% 5.25% -1.53% 1.99% 7.52% -0.48% -6.67%
P/E 14.6x 12.2x 12.5x 13x 11x 11.9x 11.9x 11.9x
PBR 3.21x 2.44x 2.4x 2.32x 2.17x 2.26x - -
PEG - -2.38x -9.25x -3.16x 0.6x -4.88x - -
Capitalization / Revenue 7.83x 6.31x 6.47x 7.12x 6.89x 7.02x 6.86x 6.61x
EV / Revenue 7.83x 6.31x 6.7x 7.3x 7.25x 7.56x 7.35x 6.61x
EV / EBITDA 9.68x 7.94x 8.84x 9.79x 9.51x 9.1x 9.09x 7.87x
EV / EBIT - - 11.5x 11.8x 11.4x 13.2x 13.1x -
EV / FCF - - 10.6x 11.8x -759x 16.2x 9.95x -
FCF Yield - - 9.41% 8.5% -0.13% 6.16% 10% -
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% 6.32% 6.32% 6.32%
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 1 - - 3,291 3,157 3,332 3,087 3,101 -
Net income 1 3,104 2,967 2,932 2,791 3,266 3,066 3,172 3,319
Net Debt 1 - - 1,285 907.1 1,847 2,907 2,711 -
Reference price 2 11.400 9.000 9.150 9.100 9.050 9.500 9.500 9.500
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.88x7.56x9.1x6.32% 1.14B
21.38x7.71x13.4x2.71% 25.39B
10.32x2.83x5.34x6.26% 6.39B
17.65x3.81x9.13x2.39% 4.38B
13.16x4.19x13.09x7.7% 2.95B
21.26x5.39x13.28x2.95% 2.5B
8.47x2.26x5.5x4.34% 2.19B
6.51x5.88x8.52x6.07% 1.7B
337.33x3.5x6.86x0.67% 1.43B
Average 49.77x 4.79x 9.36x 4.38% 5.34B
Weighted average by Cap. 27.10x 5.93x 11.09x 3.69%

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