JWD INFOLOGISTICS |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14.4 THB | +2.13% |
|
+3.60% | -6.49% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 8,109 | 8,517 | 22,440 | 21,216 | 27,890 | 26,079 | - | - |
| Enterprise Value (EV) 1 | 10,844 | 13,049 | 28,395 | 26,694 | 34,775 | 37,870 | 36,650 | 35,337 |
| P/E ratio | 22.1 x | 29.8 x | 39.3 x | 42.4 x | 35 x | 23 x | 18.9 x | 17 x |
| Yield | 3.14% | 2.63% | 1.14% | 3.75% | - | 2.08% | 2.82% | 3.24% |
| Capitalization / Revenue | 2.28 x | 2.17 x | 4.4 x | 3.59 x | 1.16 x | 1 x | 0.93 x | 0.87 x |
| EV / Revenue | 3.04 x | 3.33 x | 5.57 x | 4.52 x | 1.45 x | 1.45 x | 1.3 x | 1.18 x |
| EV / EBITDA | 16.9 x | 12.5 x | 25.5 x | 21.5 x | 13.3 x | 10.8 x | 9.67 x | 8.65 x |
| EV / FCF | -59.2 x | 27.3 x | -35.8 x | 189 x | 18 x | 29.5 x | 18.1 x | 16.9 x |
| FCF Yield | -1.69% | 3.66% | -2.79% | 0.53% | 5.56% | 3.39% | 5.53% | 5.91% |
| Price to Book | 2.57 x | 2.73 x | 5.64 x | 6.18 x | 1.25 x | 1.15 x | 1.12 x | 1.09 x |
| Nbr of stocks (in thousands) | 1,020,000 | 1,020,000 | 1,020,000 | 1,020,000 | 1,811,020 | 1,811,020 | - | - |
| Reference price 2 | 7.950 | 8.350 | 22.00 | 20.80 | 15.40 | 14.40 | 14.40 | 14.40 |
| Announcement Date | 3/2/20 | 2/25/21 | 2/27/22 | 2/28/23 | 2/29/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,562 | 3,922 | 5,101 | 5,902 | 23,979 | 26,199 | 28,167 | 30,023 |
| EBITDA 1 | 640.6 | 1,044 | 1,112 | 1,242 | 2,617 | 3,519 | 3,792 | 4,087 |
| EBIT 1 | 298.3 | 380.8 | 405.8 | 444.3 | 1,024 | 1,752 | 1,852 | 2,015 |
| Operating Margin | 8.38% | 9.71% | 7.96% | 7.53% | 4.27% | 6.69% | 6.57% | 6.71% |
| Earnings before Tax (EBT) 1 | 399.2 | 306.8 | 601.2 | 566.9 | 977.5 | 1,458 | 1,500 | 1,701 |
| Net income 1 | 362.8 | 290 | 556.6 | 504.3 | 761.3 | 1,137 | 1,375 | 1,535 |
| Net margin | 10.18% | 7.39% | 10.91% | 8.54% | 3.17% | 4.34% | 4.88% | 5.11% |
| EPS 2 | 0.3600 | 0.2800 | 0.5600 | 0.4900 | 0.4400 | 0.6267 | 0.7600 | 0.8467 |
| Free Cash Flow 1 | -183.3 | 477.8 | -792.2 | 141.2 | 1,934 | 1,285 | 2,028 | 2,089 |
| FCF margin | -5.15% | 12.18% | -15.53% | 2.39% | 8.07% | 4.91% | 7.2% | 6.96% |
| FCF Conversion (EBITDA) | - | 45.77% | - | 11.37% | 73.91% | 36.53% | 53.48% | 51.11% |
| FCF Conversion (Net income) | - | 164.79% | - | 28% | 254.07% | 113.08% | 147.45% | 136.12% |
| Dividend per Share 2 | 0.2500 | 0.2200 | 0.2500 | 0.7800 | - | 0.3000 | 0.4067 | 0.4667 |
| Announcement Date | 3/2/20 | 2/25/21 | 2/27/22 | 2/28/23 | 2/29/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,440 | 1,410 | 1,373 | 1,599 | 1,580 | 4,885 | 6,131 | 6,475 | 6,378 | 6,252 |
| EBITDA 1 | 210.2 | - | 444.8 | 363 | 313.5 | 511.4 | 769.1 | 440 | 970.9 | 693.4 |
| EBIT 1 | 37.25 | - | 238.3 | 141.8 | 130.1 | 201.8 | 310 | 243.2 | 343 | 289.6 |
| Operating Margin | 2.59% | - | 17.35% | 8.87% | 8.23% | 4.13% | 5.06% | 3.76% | 5.38% | 4.63% |
| Earnings before Tax (EBT) 1 | 229.3 | - | - | 127.6 | 123 | 245.2 | 192.8 | 208.2 | 499.9 | 220.5 |
| Net income 1 | 161.2 | - | 154.1 | 111.7 | 112.8 | 231.2 | 129.3 | 139.8 | 261 | 164.1 |
| Net margin | 11.19% | - | 11.22% | 6.99% | 7.14% | 4.73% | 2.11% | 2.16% | 4.09% | 2.63% |
| EPS 2 | - | - | 0.1500 | 0.1100 | - | 0.1623 | 0.0800 | 0.0800 | 0.1400 | 0.1810 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/27/22 | 5/18/22 | 8/10/22 | 11/10/22 | 2/28/23 | 5/15/23 | 8/14/23 | 11/13/23 | 2/29/24 | 5/13/24 |
1THB in Million2THB
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,735 | 4,532 | 5,955 | 5,478 | 6,885 | 11,791 | 10,571 | 9,258 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.27 x | 4.341 x | 5.354 x | 4.41 x | 2.631 x | 3.351 x | 2.788 x | 2.265 x |
| Free Cash Flow 1 | -183 | 478 | -792 | 141 | 1,934 | 1,285 | 2,028 | 2,089 |
| ROE (net income / shareholders' equity) | 11.8% | 9.25% | 16.7% | 14.7% | 5.98% | 5.1% | 5.93% | 6.5% |
| ROA (Net income/ Total Assets) | 5.13% | 3.35% | 5.18% | 3.93% | 2.91% | 4.5% | 4.15% | 4.55% |
| Assets 1 | 7,074 | 8,646 | 10,748 | 12,823 | 26,120 | 25,259 | 33,141 | 33,729 |
| Book Value Per Share 2 | 3.090 | 3.060 | 3.900 | 3.370 | 12.30 | 12.50 | 12.90 | 13.20 |
| Cash Flow per Share 2 | 0.4400 | 1.160 | 1.050 | 1.040 | 1.640 | 1.310 | 1.920 | 2.010 |
| Capex 1 | 635 | 771 | 787 | 923 | 876 | 1,000 | 1,400 | 1,580 |
| Capex / Sales | 17.84% | 19.65% | 15.43% | 15.63% | 3.65% | 3.82% | 4.97% | 5.26% |
| Announcement Date | 3/2/20 | 2/25/21 | 2/27/22 | 2/28/23 | 2/29/24 | - | - | - |
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
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
14.4
THB
Average target price
19.33
THB
Spread / Average Target
+34.21%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -6.49% | 708M | |
| -11.84% | 33.46B | |
| -11.09% | 31.92B | |
| -1.52% | 6.34B | |
| -6.27% | 4.87B | |
| -3.33% | 4.32B | |
| +6.92% | 4.22B | |
| +8.17% | 3.79B | |
| -.--% | 3.57B | |
| +71.37% | 2.61B |
- Stock Market
- Equities
- SJWD Stock
- Financials JWD InfoLogistics
