Financials Samart Telcoms

Equities

SAMTEL

TH0594010Z02

Integrated Telecommunications Services

End-of-day quote Thailand S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
3 THB +3.45% Intraday chart for Samart Telcoms +6.38% +3.45%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,573 4,913 3,090 3,708 4,264 1,792
Enterprise Value (EV) 1 7,198 7,960 4,036 5,118 5,333 2,483
P/E ratio 13 x 10.9 x -10.7 x 60.4 x 16.4 x 25 x
Yield 6.76% 6.54% - 0.83% 3.04% 2.07%
Capitalization / Revenue 0.6 x 0.54 x 0.57 x 0.81 x 0.86 x 0.4 x
EV / Revenue 0.94 x 0.88 x 0.74 x 1.12 x 1.08 x 0.55 x
EV / EBITDA 4.54 x 4.96 x 7.89 x 14.3 x 13.7 x 5.88 x
EV / FCF 6.85 x -8.41 x 1.64 x -19.3 x 168 x 12.1 x
FCF Yield 14.6% -11.9% 61.1% -5.18% 0.6% 8.26%
Price to Book 1.23 x 1.29 x 0.93 x 1.09 x 1.19 x 0.51 x
Nbr of stocks (in thousands) 618,000 618,000 618,000 618,000 618,000 618,000
Reference price 2 7.400 7.950 5.000 6.000 6.900 2.900
Announcement Date 2/26/19 2/25/20 2/23/21 2/24/22 2/23/23 2/22/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 7,679 9,074 5,431 4,581 4,947 4,489
EBITDA 1 1,585 1,605 511.7 358.4 389.2 422
EBIT 1 448.4 437.5 -342.1 82.16 72.01 41.7
Operating Margin 5.84% 4.82% -6.3% 1.79% 1.46% 0.93%
Earnings before Tax (EBT) 1 372.6 335.2 -363.6 78.41 332.2 90.88
Net income 1 351.4 451.2 -287.5 61.38 260.6 71.69
Net margin 4.58% 4.97% -5.29% 1.34% 5.27% 1.6%
EPS 2 0.5686 0.7301 -0.4652 0.0993 0.4216 0.1160
Free Cash Flow 1 1,050 -946 2,467 -264.9 31.77 205.2
FCF margin 13.68% -10.43% 45.41% -5.78% 0.64% 4.57%
FCF Conversion (EBITDA) 66.27% - 482.05% - 8.16% 48.62%
FCF Conversion (Net income) 298.94% - - - 12.19% 286.19%
Dividend per Share 2 0.5000 0.5200 - 0.0500 0.2100 0.0600
Announcement Date 2/26/19 2/25/20 2/23/21 2/24/22 2/23/23 2/22/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,625 3,047 946 1,410 1,069 690
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.656 x 1.899 x 1.848 x 3.934 x 2.747 x 1.636 x
Free Cash Flow 1 1,050 -946 2,467 -265 31.8 205
ROE (net income / shareholders' equity) 9.66% 12.1% -8.11% 1.81% 7.46% 1.86%
ROA (Net income/ Total Assets) 3.07% 2.98% -2.6% 0.73% 0.62% 0.34%
Assets 1 11,428 15,145 11,045 8,438 42,313 20,809
Book Value Per Share 2 5.990 6.170 5.390 5.500 5.810 5.740
Cash Flow per Share 2 0.5200 0.6300 1.010 0.7500 0.7900 1.540
Capex 1 482 440 490 610 502 249
Capex / Sales 6.28% 4.85% 9.02% 13.32% 10.14% 5.55%
Announcement Date 2/26/19 2/25/20 2/23/21 2/24/22 2/23/23 2/22/24
1THB in Million2THB
Estimates
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