Valuation WHA Corporation

Stocks

End-of-day quote Thailand S.E. Other stock markets 2026-06-26			5-day change	1st Jan Change
5.050 ^THB	-0.98%		+1.00%	+53.96%

05-14	Phillip Securities Downgrades WHA Corporation to Accumulate from Buy; Price Target is THB4.98	MT
05-12	WHA Corporation Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	52,613	60,983	79,218	82,208	49,026	75,482	-	-
Change	-	15.91%	29.9%	3.77%	-40.36%	53.96%	-	-
Enterprise Value (EV) ¹	87,823	82,513	106,619	112,505	94,867	124,734	124,251	123,516
Change	-	-6.05%	29.22%	5.52%	-15.68%	31.48%	-0.39%	-0.59%
P/E	20.3x	15.1x	17.9x	18.9x	9.55x	15x	13.2x	14.1x
PBR	1.72x	1.9x	2.37x	2.36x	1.33x	1.94x	1.83x	1.77x
PEG	-	0.3x	1.91x	-12.72x	0.5x	-7.38x	0.9x	-2.21x
Capitalization / Revenue	5.05x	4.44x	5.33x	7.25x	3.21x	4.61x	4.04x	3.95x
EV / Revenue	8.43x	6.01x	7.17x	9.93x	6.21x	7.61x	6.65x	6.46x
EV / EBITDA	23.3x	17.3x	19.3x	22.2x	15.9x	18.1x	15.7x	15.5x
EV / EBIT	27.9x	19.9x	22.2x	27.1x	19.2x	22.1x	18.8x	18.5x
EV / FCF	46.3x	28.7x	29.9x	142x	-124x	18.6x	21.5x	22.1x
FCF Yield	2.16%	3.49%	3.35%	0.71%	-0.81%	5.37%	4.65%	4.53%
Dividend per Share ²	0.02	-	0.1839	0.1906	-	0.2036	0.2259	0.2261
Rate of return	0.57%	-	3.47%	3.47%	-	4.03%	4.47%	4.48%
EPS ²	0.1733	0.2707	0.2961	0.2917	0.3436	0.3366	0.3836	0.3591
Distribution rate	11.5%	-	62.1%	65.3%	-	60.5%	58.9%	63%
Net sales ¹	10,417	13,729	14,875	11,335	15,265	16,386	18,673	19,123
EBITDA ¹	3,770	4,765	5,513	5,065	5,964	6,876	7,913	7,994
EBIT ¹	3,150	4,155	4,803	4,150	4,935	5,649	6,612	6,676
Net income ¹	2,590	4,046	4,426	4,359	5,135	5,117	5,762	5,416
Net Debt ¹	35,211	21,530	27,401	30,297	45,842	49,252	48,770	48,034
Reference price ²	3.520	4.080	5.300	5.500	3.280	5.050	5.050	5.050
Nbr of stocks (in thousands)	14,946,835	14,946,835	14,946,835	14,946,835	14,946,835	14,946,835	-	-
Announcement Date	2/24/22	2/23/23	2/23/24	2/21/25	2/26/26	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
WHA CORPORATION	15x	7.61x	18.14x	4.03%	2.26B
CTP N.V.	5.91x	16.68x	21.14x	4.53%	8.93B
CORPORACIÓN INMOBILIARIA VESTA, S.A.B. DE C.V.	14.38x	13.02x	16.19x	2.48%	3.15B
SWEDISH LOGISTIC PROPERTY AB	15.68x	15.95x	18.56x	0.53%	1.08B
AMATA CORPORATION	8.76x	3.04x	9.02x	4.41%	913M
PROPERTY FOR INDUSTRY LIMITED	13.16x	16.57x	18.56x	3.93%	687M
MLP GROUP S.A.	10.56x	12.83x	9.85x	-.--%	658M
STENDÖRREN FASTIGHETER	11.16x	13.09x	17.8x	-.--%	585M
Average	11.83x	12.35x	16.16x	2.49%	2.28B
Weighted average by Cap.	9.82x	13.94x	18.55x	3.54%