End-of-day quote
Thailand S.E.
06:00:00 2024-05-27 pm EDT
|
5-day change
|
1st Jan Change
|
7.1
THB
|
-0.70%
|
|
-2.07%
|
-11.25%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
6,777
|
10,695
|
13,609
|
12,489
|
10,890
|
9,115
|
-
|
Enterprise Value (EV)
1 |
6,777
|
10,695
|
23,708
|
21,227
|
18,972
|
18,739
|
19,131
|
P/E ratio
|
12.5
x
|
14.5
x
|
15.1
x
|
9.55
x
|
13.5
x
|
9.47
x
|
8.99
x
|
Yield
|
1.5%
|
0.96%
|
0.87%
|
2.61%
|
1.25%
|
2.11%
|
2.25%
|
Capitalization / Revenue
|
4.6
x
|
5.58
x
|
5.23
x
|
4.01
x
|
3.55
x
|
2.28
x
|
2.4
x
|
EV / Revenue
|
4.6
x
|
5.58
x
|
9.11
x
|
6.81
x
|
6.18
x
|
4.68
x
|
5.04
x
|
EV / EBITDA
|
6.3
x
|
6.88
x
|
11.4
x
|
8.99
x
|
8.53
x
|
6.09
x
|
6.65
x
|
EV / FCF
|
-4.95
x
|
-171
x
|
-9.97
x
|
11.4
x
|
16.4
x
|
-12.7
x
|
217
x
|
FCF Yield
|
-20.2%
|
-0.59%
|
-10%
|
8.79%
|
6.09%
|
-7.89%
|
0.46%
|
Price to Book
|
1.79
x
|
2.54
x
|
2.21
x
|
1.61
x
|
1.37
x
|
1.04
x
|
0.96
x
|
Nbr of stocks (in thousands)
|
1,227,182
|
1,227,182
|
1,296,616
|
1,373,826
|
1,361,237
|
1,283,826
|
-
|
Reference price
2 |
5.522
|
8.715
|
10.50
|
9.091
|
8.000
|
7.100
|
7.100
|
Announcement Date
|
2/27/20
|
2/25/21
|
2/28/22
|
2/28/23
|
2/28/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
1,474
|
1,918
|
2,603
|
3,117
|
3,072
|
4,002
|
3,796
|
EBITDA
1 |
1,076
|
1,555
|
2,085
|
2,361
|
2,225
|
3,079
|
2,876
|
EBIT
1 |
770.6
|
1,058
|
1,334
|
1,441
|
1,368
|
2,188
|
1,966
|
Operating Margin
|
52.29%
|
55.14%
|
51.26%
|
46.21%
|
44.53%
|
54.67%
|
51.79%
|
Earnings before Tax (EBT)
1 |
569
|
787.9
|
994.8
|
1,381
|
920.7
|
1,389
|
1,239
|
Net income
1 |
545.7
|
736.3
|
859
|
1,302
|
812.3
|
1,031
|
1,087
|
Net margin
|
37.03%
|
38.39%
|
33%
|
41.76%
|
26.44%
|
25.76%
|
28.64%
|
EPS
2 |
0.4433
|
0.6010
|
0.6949
|
0.9520
|
0.5916
|
0.7500
|
0.7900
|
Free Cash Flow
1 |
-1,368
|
-62.57
|
-2,378
|
1,866
|
1,155
|
-1,479
|
88
|
FCF margin
|
-92.87%
|
-3.26%
|
-91.36%
|
59.87%
|
37.61%
|
-36.96%
|
2.32%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
79.07%
|
51.92%
|
-
|
3.06%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
143.38%
|
142.24%
|
-
|
8.1%
|
Dividend per Share
2 |
0.0826
|
0.0835
|
0.0918
|
0.2374
|
0.1000
|
0.1500
|
0.1600
|
Announcement Date
|
2/27/20
|
2/25/21
|
2/28/22
|
2/28/23
|
2/28/24
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
---|
Net sales
1 |
761.9
|
729.8
|
856.5
|
824.7
|
739.9
|
697.7
|
761.3
|
762.1
|
810.5
|
738
|
823.1
|
EBITDA
1 |
632.4
|
499.7
|
681.8
|
619.4
|
575.9
|
483.5
|
601.4
|
596.5
|
602.6
|
460
|
603.3
|
EBIT
1 |
409.8
|
270.2
|
444.1
|
377.9
|
350
|
270
|
387.6
|
381.4
|
387.9
|
246.2
|
378
|
Operating Margin
|
53.78%
|
37.02%
|
51.85%
|
45.82%
|
47.31%
|
38.69%
|
50.91%
|
50.04%
|
47.86%
|
33.35%
|
45.92%
|
Earnings before Tax (EBT)
1 |
319.9
|
175.2
|
328.9
|
656.9
|
297.1
|
134.4
|
289.1
|
259.4
|
245.4
|
147.6
|
243
|
Net income
1 |
286.5
|
149.1
|
294.8
|
644.9
|
267.6
|
131.3
|
256.2
|
228.1
|
218.7
|
125.9
|
204.2
|
Net margin
|
37.6%
|
20.42%
|
34.42%
|
78.19%
|
36.17%
|
18.82%
|
33.65%
|
29.93%
|
26.99%
|
17.06%
|
24.81%
|
EPS
|
0.2317
|
-
|
-
|
0.4694
|
0.1948
|
-
|
-
|
-
|
-
|
0.0919
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/12/21
|
2/28/22
|
5/16/22
|
8/11/22
|
11/14/22
|
2/28/23
|
5/11/23
|
8/11/23
|
11/13/23
|
2/28/24
|
5/16/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
-
|
-
|
10,099
|
8,738
|
8,082
|
9,624
|
10,016
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
4.843
x
|
3.702
x
|
3.632
x
|
3.126
x
|
3.483
x
|
Free Cash Flow
1 |
-1,368
|
-62.6
|
-2,378
|
1,866
|
1,155
|
-1,479
|
88
|
ROE (net income / shareholders' equity)
|
14.9%
|
18.4%
|
17%
|
19.1%
|
10.3%
|
11.1%
|
10.7%
|
ROA (Net income/ Total Assets)
|
4.38%
|
5.05%
|
4.19%
|
5.74%
|
3.84%
|
3.6%
|
3.8%
|
Assets
1 |
12,469
|
14,575
|
20,494
|
22,679
|
21,180
|
28,639
|
28,605
|
Book Value Per Share
2 |
3.080
|
3.430
|
4.760
|
5.660
|
5.850
|
6.800
|
7.400
|
Cash Flow per Share
|
0.5800
|
1.160
|
1.930
|
1.490
|
-
|
-
|
-
|
Capex
1 |
2,082
|
1,490
|
4,768
|
177
|
291
|
4,300
|
2,300
|
Capex / Sales
|
141.26%
|
77.68%
|
183.2%
|
5.68%
|
9.48%
|
107.45%
|
60.59%
|
Announcement Date
|
2/27/20
|
2/25/21
|
2/28/22
|
2/28/23
|
2/28/24
|
-
|
-
|
Average target price
11.4
THB Spread / Average Target +60.56% Consensus |
1st Jan change
|
Capi.
|
---|
| -11.25% | 249M | | +17.53% | 36.06B | | +14.72% | 24.59B | | -22.54% | 16.46B | | -3.40% | 6.93B | | +7.40% | 5.41B | | -1.08% | 4.48B | | -14.83% | 3.92B | | -2.70% | 3.1B | | +9.11% | 2.98B |
Renewable IPPs
|