STAR PETROLEUM REFINING |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.95 THB | +1.27% |
|
+0.63% | -3.64% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,550 | 1,166 | 1,280 | 1,340 | 1,046 | 954.3 | - | - |
| Enterprise Value (EV) 1 | 1,765 | 1,453 | 1,435 | 1,617 | 1,396 | 1,290 | 1,048 | 910.8 |
| P/E ratio | -17.4 x | -5.85 x | 8.73 x | 6.11 x | -31.1 x | 6.99 x | 7.3 x | 6.37 x |
| Yield | 1.62% | - | - | 10.3% | - | 7.61% | 7.01% | 7.27% |
| Capitalization / Revenue | 0.29 x | 0.27 x | 0.24 x | 0.16 x | 0.16 x | 0.12 x | 0.14 x | 0.13 x |
| EV / Revenue | 0.33 x | 0.34 x | 0.27 x | 0.2 x | 0.21 x | 0.16 x | 0.15 x | 0.13 x |
| EV / EBITDA | -23.9 x | -8.58 x | 5.27 x | 4.62 x | 32.9 x | 4.83 x | 4.12 x | 3.42 x |
| EV / FCF | -8.81 x | -24.2 x | 12.9 x | -461 x | -77.1 x | 1.9 x | 4.41 x | 23.5 x |
| FCF Yield | -11.3% | -4.13% | 7.77% | -0.22% | -1.3% | 52.6% | 22.7% | 4.26% |
| Price to Book | 1.51 x | 1.32 x | 1.23 x | 1.21 x | 1.03 x | 0.88 x | 0.8 x | 0.78 x |
| Nbr of stocks (in thousands) | 4,335,902 | 4,335,902 | 4,335,902 | 4,335,902 | 4,335,902 | 4,335,902 | - | - |
| Reference price 2 | 0.3575 | 0.2689 | 0.2953 | 0.3092 | 0.2413 | 0.2201 | 0.2201 | 0.2201 |
| Announcement Date | 2/21/20 | 2/19/21 | 2/22/22 | 2/24/23 | 2/20/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,347 | 4,335 | 5,352 | 8,159 | 6,607 | 8,125 | 6,853 | 7,202 |
| EBITDA 1 | -73.97 | -169.3 | 272.5 | 350.2 | 42.46 | 267.3 | 254.4 | 266.6 |
| EBIT 1 | -155.2 | -263.6 | 190.4 | 275.7 | -25.81 | 172.4 | 171.8 | 190.3 |
| Operating Margin | -2.9% | -6.08% | 3.56% | 3.38% | -0.39% | 2.12% | 2.51% | 2.64% |
| Earnings before Tax (EBT) 1 | -117 | -251.8 | 183.5 | 274.4 | -42.25 | 166.6 | 181.1 | 209.8 |
| Net income 1 | -88.94 | -200 | 147.3 | 219.5 | -34.11 | 144.8 | 131 | 150.3 |
| Net margin | -1.66% | -4.61% | 2.75% | 2.69% | -0.52% | 1.78% | 1.91% | 2.09% |
| EPS 2 | -0.0206 | -0.0460 | 0.0338 | 0.0506 | -0.007760 | 0.0315 | 0.0302 | 0.0346 |
| Free Cash Flow 1 | -200.3 | -59.95 | 111.6 | -3.509 | -18.1 | 678.8 | 237.6 | 38.77 |
| FCF margin | -3.75% | -1.38% | 2.08% | -0.04% | -0.27% | 8.35% | 3.47% | 0.54% |
| FCF Conversion (EBITDA) | - | - | 40.95% | - | - | 253.91% | 93.39% | 14.54% |
| FCF Conversion (Net income) | - | - | 75.75% | - | - | 468.74% | 181.32% | 25.8% |
| Dividend per Share 2 | 0.005790 | - | - | 0.0318 | - | 0.0168 | 0.0154 | 0.0160 |
| Announcement Date | 2/21/20 | 2/19/21 | 2/22/22 | 2/24/23 | 2/20/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,100 | 1,610 | 1,886 | 2,218 | 4,078 | 2,037 | 1,879 | 1,756 | 1,538 | 3,226 | 1,720 | 1,779 | 1,785 |
| EBITDA 1 | -246 | 84.68 | 201.9 | 273.9 | 480.4 | -131.8 | -2.583 | 65.97 | -50.6 | 12.81 | 173.3 | -140.7 | 131.9 |
| EBIT 1 | -292 | 65.22 | 184.2 | 273.6 | - | -149.9 | -21.9 | 47.42 | - | - | 154.2 | -158.1 | 114.1 |
| Operating Margin | -13.9% | 4.05% | 9.77% | 12.33% | - | -7.36% | -1.17% | 2.7% | - | - | 8.97% | -8.89% | 6.39% |
| Earnings before Tax (EBT) 1 | -288.8 | 70.4 | 240.1 | 254.1 | - | -168.1 | 9.575 | - | - | - | 149.2 | -158.5 | 134.6 |
| Net income 1 | -229.8 | 57.54 | 152.3 | 203.5 | 353.7 | -134.5 | 7.441 | 36.2 | -60.08 | -25.28 | 119.5 | -127.3 | 108 |
| Net margin | -10.94% | 3.57% | 8.08% | 9.17% | 8.67% | -6.6% | 0.4% | 2.06% | -3.91% | -0.78% | 6.95% | -7.15% | 6.05% |
| EPS 2 | -0.0531 | 0.0130 | 0.0352 | 0.0469 | 0.0816 | -0.0310 | 0.001720 | 0.008320 | -0.0140 | -0.005710 | 0.0276 | -0.0291 | 0.0250 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/14/20 | 2/22/22 | 5/12/22 | 8/11/22 | 8/11/22 | 11/8/22 | 2/24/23 | 5/10/23 | 8/8/23 | 8/8/23 | 11/8/23 | 2/20/24 | 5/7/24 |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 215 | 287 | 155 | 276 | 350 | 336 | 93.4 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | 43.5 |
| Leverage (Debt/EBITDA) | -2.911 x | -1.695 x | 0.5686 x | 0.7886 x | 8.234 x | 1.257 x | 0.3673 x | - |
| Free Cash Flow 1 | -200 | -59.9 | 112 | -3.51 | -18.1 | 679 | 238 | 38.8 |
| ROE (net income / shareholders' equity) | -7.91% | -20.4% | 15.8% | 21% | -3.27% | 13.9% | 11.6% | 11.5% |
| ROA (Net income/ Total Assets) | -5.14% | -11.9% | 9.1% | 12.6% | -1.91% | 6.52% | 6.02% | 7.7% |
| Assets 1 | 1,731 | 1,679 | 1,618 | 1,745 | 1,788 | 2,221 | 2,176 | 1,952 |
| Book Value Per Share 2 | 0.2400 | 0.2000 | 0.2400 | 0.2600 | 0.2300 | 0.2500 | 0.2800 | 0.2800 |
| Cash Flow per Share 2 | -0.0300 | -0.0100 | 0.0300 | 0 | 0 | 0.0400 | 0.0600 | - |
| Capex 1 | 82.3 | 11.7 | 3.12 | 7.96 | 21.8 | 93.7 | 17.6 | 21.4 |
| Capex / Sales | 1.54% | 0.27% | 0.06% | 0.1% | 0.33% | 1.15% | 0.26% | 0.3% |
| Announcement Date | 2/21/20 | 2/19/21 | 2/22/22 | 2/24/23 | 2/20/24 | - | - | - |
1USD in Million2USD
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
15
Last Close Price
0.2201
USD
Average target price
0.2925
USD
Spread / Average Target
+32.89%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -3.64% | 954M | |
| +10.20% | 20.92B | |
| +35.10% | 11.31B | |
| +5.11% | 11.22B | |
| +35.70% | 8.9B | |
| -2.09% | 7.59B | |
| +60.41% | 4.5B | |
| +5.31% | 3.39B | |
| +16.84% | 3.26B | |
| -2.31% | 2.98B |
- Stock Market
- Equities
- SPRC Stock
- Financials Star Petroleum Refining
