Financials Ziga Innovation

Equities

ZIGA

TH8102010007

Iron & Steel

End-of-day quote Thailand S.E. 18:00:00 2024-05-14 EDT 5-day change 1st Jan Change
2.44 THB -0.81% Intraday chart for Ziga Innovation -2.40% -10.29%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 915.2 530.4 1,412 2,636 2,401 2,006
Enterprise Value (EV) 1 1,085 632.3 1,684 3,164 2,766 2,197
P/E ratio 21.5 x 14.6 x 12.2 x 13 x -6.05 x 45.3 x
Yield 4.55% 3.82% 5.67% - - -
Capitalization / Revenue 1.09 x 0.7 x 1.45 x 2.31 x 2.1 x 2.6 x
EV / Revenue 1.29 x 0.83 x 1.73 x 2.77 x 2.41 x 2.85 x
EV / EBITDA 20.7 x 18.6 x 10.5 x 13.8 x -17.9 x 31.2 x
EV / FCF -3.36 x 7.6 x -11.5 x -12.7 x 11.2 x 17.5 x
FCF Yield -29.8% 13.2% -8.66% -7.89% 8.94% 5.71%
Price to Book 1.21 x 0.7 x 1.72 x 2.65 x 3.38 x 2.56 x
Nbr of stocks (in thousands) 520,000 520,000 497,190 612,946 706,262 737,328
Reference price 2 1.760 1.020 2.840 4.300 3.400 2.720
Announcement Date 19-02-15 20-02-24 21-01-29 22-02-17 23-02-28 24-02-06
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 841.1 760.2 972.9 1,141 1,146 770.9
EBITDA 1 52.54 33.92 160.4 229.3 -154.8 70.51
EBIT 1 29.26 19.66 138.8 202.2 -207.9 38.81
Operating Margin 3.48% 2.59% 14.26% 17.72% -18.14% 5.03%
Earnings before Tax (EBT) 1 51.21 42.57 145.1 239.6 -398.6 54.24
Net income 1 42.56 35.26 117.7 204.2 -380.9 41.57
Net margin 5.06% 4.64% 12.1% 17.89% -33.23% 5.39%
EPS 2 0.0819 0.0700 0.2319 0.3300 -0.5619 0.0600
Free Cash Flow 1 -322.9 83.23 -145.9 -249.7 247.2 125.4
FCF margin -38.39% 10.95% -14.99% -21.88% 21.57% 16.27%
FCF Conversion (EBITDA) - 245.34% - - - 177.9%
FCF Conversion (Net income) - 236.04% - - - 301.73%
Dividend per Share 2 0.0800 0.0390 0.1610 - - -
Announcement Date 19-02-15 20-02-24 21-01-29 22-02-17 23-02-28 24-02-06
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 170 102 272 528 364 192
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.238 x 3.003 x 1.698 x 2.302 x -2.354 x 2.72 x
Free Cash Flow 1 -323 83.2 -146 -250 247 125
ROE (net income / shareholders' equity) 5.53% 4.67% 15% 22.5% -44.7% 5.57%
ROA (Net income/ Total Assets) 1.48% 1.04% 6.82% 7.91% -8.32% 1.88%
Assets 1 2,883 3,378 1,725 2,581 4,576 2,214
Book Value Per Share 2 1.460 1.450 1.650 1.620 1.000 1.060
Cash Flow per Share 2 0.2300 0.5000 0.4000 0.3200 0.1500 0.2500
Capex 1 335 63.4 126 95.4 95.1 7.94
Capex / Sales 39.88% 8.34% 12.95% 8.36% 8.3% 1.03%
Announcement Date 19-02-15 20-02-24 21-01-29 22-02-17 23-02-28 24-02-06
1THB in Million2THB
Estimates
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