Financials Villa Kunalai

Equities

KUN

TH9518010003

Real Estate Development & Operations

End-of-day quote Thailand S.E. 18:00:00 2024-05-30 EDT 5-day change 1st Jan Change
1.59 THB +0.63% Intraday chart for Villa Kunalai +0.63% -11.67%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 606 555.4 1,798 1,647 1,348
Enterprise Value (EV) 1 884.6 823.8 2,589 2,695 3,141
P/E ratio 8.24 x 6.56 x 11.5 x 15.5 x 25.7 x
Yield 1.98% 6.74% 4.96% 3.33% -
Capitalization / Revenue 0.93 x 0.69 x 1.81 x 1.64 x 1.85 x
EV / Revenue 1.36 x 1.03 x 2.61 x 2.69 x 4.31 x
EV / EBITDA 11.5 x 7.77 x 13.2 x 19.4 x 50.1 x
EV / FCF -5.7 x 12.7 x -6.03 x -12.6 x -3.78 x
FCF Yield -17.6% 7.87% -16.6% -7.95% -26.5%
Price to Book 1.32 x 1.09 x 2.89 x 2.58 x 1.74 x
Nbr of stocks (in thousands) 686,400 686,400 686,400 686,400 749,110
Reference price 2 0.8829 0.8091 2.620 2.400 1.800
Announcement Date 20-02-27 21-02-23 22-02-24 23-02-23 24-02-21
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 446.2 649.5 799.6 991.6 1,002 728.5
EBITDA 1 23.33 76.9 106 195.4 139.1 62.71
EBIT 1 18.25 70.68 101.3 190.6 134.9 58.79
Operating Margin 4.09% 10.88% 12.67% 19.22% 13.47% 8.07%
Earnings before Tax (EBT) 1 15.49 71 105.3 195.2 133.6 63.8
Net income 1 11.27 56.31 84.66 155.8 106.4 50.68
Net margin 2.53% 8.67% 10.59% 15.71% 10.63% 6.96%
EPS 2 0.0219 0.1071 0.1233 0.2270 0.1551 0.0700
Free Cash Flow 1 -99.54 -155.3 64.82 -429.1 -214.2 -832
FCF margin -22.31% -23.91% 8.11% -43.27% -21.39% -114.22%
FCF Conversion (EBITDA) - - 61.17% - - -
FCF Conversion (Net income) - - 76.57% - - -
Dividend per Share 2 0.0437 0.0175 0.0545 0.1300 0.0800 -
Announcement Date 19-04-23 20-02-27 21-02-23 22-02-24 23-02-23 24-02-21
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 369 279 268 790 1,048 1,792
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 15.83 x 3.623 x 2.533 x 4.044 x 7.535 x 28.58 x
Free Cash Flow 1 -99.5 -155 64.8 -429 -214 -832
ROE (net income / shareholders' equity) 3.8% 15% 17.4% 27.4% 16.9% 7.16%
ROA (Net income/ Total Assets) 1.41% 5.02% 6.41% 8.34% 4.12% 1.43%
Assets 1 802 1,121 1,320 1,868 2,581 3,545
Book Value Per Share 2 0.5700 0.6700 0.7500 0.9100 0.9300 1.040
Cash Flow per Share 2 0.0400 0.0800 0.1300 0.1800 0.4400 0.1000
Capex 1 3.1 0.9 0.32 2.13 2.25 11.6
Capex / Sales 0.7% 0.14% 0.04% 0.21% 0.22% 1.6%
Announcement Date 19-04-23 20-02-27 21-02-23 22-02-24 23-02-23 24-02-21
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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