BETAGRO |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 24.6 THB | -0.40% |
|
+1.23% | +2.50% |
| May. 10 | Betagro Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Apr. 23 | Betagro Public Company Limited Announces Board Changes | CI |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 65,783 | 46,435 | 47,790 | - | - |
| Enterprise Value (EV) 1 | 71,278 | 69,442 | 60,808 | 66,673 | 47,790 |
| P/E ratio | 6.73 x | -33.3 x | 20.1 x | 14.8 x | 13.7 x |
| Yield | 2.94% | 4.17% | 1.58% | 2.31% | 2.54% |
| Capitalization / Revenue | 0.58 x | 0.43 x | 0.41 x | 0.39 x | 0.37 x |
| EV / Revenue | 0.63 x | 0.64 x | 0.53 x | 0.55 x | 0.37 x |
| EV / EBITDA | 5.33 x | 18.1 x | 8.37 x | 7.75 x | 5.18 x |
| EV / FCF | 9.27 x | -59.4 x | 9.64 x | 31.2 x | 41.7 x |
| FCF Yield | 10.8% | -1.68% | 10.4% | 3.2% | 2.4% |
| Price to Book | 2.31 x | 1.85 x | 1.73 x | 1.61 x | 1.51 x |
| Nbr of stocks (in thousands) | 1,934,800 | 1,934,800 | 1,934,800 | - | - |
| Reference price 2 | 34.00 | 24.00 | 24.60 | 24.60 | 24.60 |
| Announcement Date | 2/28/23 | 2/27/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 112,626 | 108,638 | 115,362 | 121,146 | 128,739 |
| EBITDA 1 | - | 13,381 | 3,827 | 7,266 | 8,607 | 9,227 |
| EBIT 1 | - | 9,138 | -740.9 | 3,322 | 4,282 | 4,449 |
| Operating Margin | - | 8.11% | -0.68% | 2.88% | 3.53% | 3.46% |
| Earnings before Tax (EBT) 1 | - | 9,654 | -906.4 | 2,872 | 4,204 | 4,532 |
| Net income 1 | 1,011 | 7,938 | -1,398 | 2,357 | 3,460 | 3,481 |
| Net margin | - | 7.05% | -1.29% | 2.04% | 2.86% | 2.7% |
| EPS 2 | 1.535 | 5.050 | -0.7200 | 1.223 | 1.668 | 1.793 |
| Free Cash Flow 1 | - | 7,686 | -1,170 | 6,306 | 2,137 | 1,146 |
| FCF margin | - | 6.82% | -1.08% | 5.47% | 1.76% | 0.89% |
| FCF Conversion (EBITDA) | - | 57.44% | - | 86.79% | 24.82% | 12.42% |
| FCF Conversion (Net income) | - | 96.83% | - | 267.56% | 61.75% | 32.91% |
| Dividend per Share 2 | - | 1.000 | 1.000 | 0.3890 | 0.5681 | 0.6250 |
| Announcement Date | 2/22/22 | 2/28/23 | 2/27/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 |
|---|---|---|---|---|---|---|---|---|
| Net sales | 29,807 | 27,736 | 26,791 | 54,226 | 27,047 | 27,365 | 27,024 | - |
| EBITDA | 3,259 | - | - | - | 430.2 | 836 | 1,333 | - |
| EBIT | 2,142 | 562.2 | -291.8 | 270.4 | -721.3 | -384 | 126.6 | - |
| Operating Margin | 7.19% | 2.03% | -1.09% | 0.5% | -2.67% | -1.4% | 0.47% | - |
| Earnings before Tax (EBT) | 2,153 | - | -359.2 | - | -752.3 | -391.8 | 82.65 | - |
| Net income 1 | 1,796 | 392.8 | -350.6 | 42.19 | -784.1 | -656.3 | -124.1 | 450 |
| Net margin | 6.03% | 1.42% | -1.31% | 0.08% | -2.9% | -2.4% | -0.46% | - |
| EPS | - | 0.2000 | -0.1800 | 0.0200 | -0.4100 | -0.3400 | -0.0600 | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 2/28/23 | 5/12/23 | 8/11/23 | 8/11/23 | 11/14/23 | 2/27/24 | 5/10/24 | - |
1THB in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 5,495 | 23,007 | 13,018 | 18,883 | - |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.4107 x | 6.012 x | 1.792 x | 2.194 x | - |
| Free Cash Flow 1 | - | 7,686 | -1,170 | 6,306 | 2,137 | 1,146 |
| ROE (net income / shareholders' equity) | - | 35.9% | -5.21% | 8.15% | 11.4% | 11.4% |
| ROA (Net income/ Total Assets) | - | 12.9% | -2.19% | 4.45% | 4.93% | 5.23% |
| Assets 1 | - | 61,355 | 63,867 | 53,023 | 70,193 | 66,522 |
| Book Value Per Share 2 | - | 14.70 | 13.00 | 14.20 | 15.30 | 16.30 |
| Cash Flow per Share 2 | - | - | 1.670 | 3.990 | 4.410 | 4.900 |
| Capex 1 | - | 3,048 | 4,405 | 4,798 | 4,149 | 4,250 |
| Capex / Sales | - | 2.71% | 4.05% | 4.16% | 3.42% | 3.3% |
| Announcement Date | 2/22/22 | 2/28/23 | 2/27/24 | - | - | - |
1THB in Million2THB
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
24.6
THB
Average target price
26.17
THB
Spread / Average Target
+6.37%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +2.50% | 1.29B | |
| -3.46% | 262B | |
| -6.88% | 89.78B | |
| -6.31% | 42.09B | |
| +0.31% | 40.72B | |
| +3.59% | 39.14B | |
| +3.16% | 37.54B | |
| -17.40% | 29.68B | |
| -9.56% | 28.55B | |
| +12.38% | 25.28B |
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- Financials Betagro
