Financials Thitikorn

Equities

TK

TH0736010008

Consumer Lending

End-of-day quote Thailand S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
4.74 THB 0.00% Intraday chart for Thitikorn +0.42% -12.22%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,250 5,000 4,000 4,575 4,200 2,700
Enterprise Value (EV) 1 8,813 7,372 3,381 4,843 3,332 1,877
P/E ratio 10.4 x 9.91 x 10.9 x 9.7 x 11.4 x 29.3 x
Yield 5.29% 5.5% 5.25% 5.46% 5% 4.63%
Capitalization / Revenue 1.77 x 2.3 x 2.62 x 3.38 x 3.17 x 3.08 x
EV / Revenue 3.66 x 3.39 x 2.22 x 3.58 x 2.51 x 2.14 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.86 x 0.94 x 0.75 x 0.81 x 0.73 x 0.48 x
Nbr of stocks (in thousands) 500,000 500,000 500,000 500,000 500,000 500,000
Reference price 2 8.500 10.00 8.000 9.150 8.400 5.400
Announcement Date 2/26/19 2/27/20 2/23/21 2/22/22 2/21/23 2/29/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,405 2,178 1,526 1,353 1,325 876.1
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 518.2 633.1 473.8 623.8 488.8 169.5
Net income 1 407.4 504.5 367.6 471.8 367.1 92.15
Net margin 16.94% 23.17% 24.09% 34.86% 27.69% 10.52%
EPS 2 0.8147 1.009 0.7352 0.9435 0.7342 0.1843
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.4500 0.5500 0.4200 0.5000 0.4200 0.2500
Announcement Date 2/26/19 2/27/20 2/23/21 2/22/22 2/21/23 2/29/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 4,563 2,372 - 268 - -
Net Cash position 1 - - 619 - 868 823
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 8.4% 9.8% 6.95% 8.61% 6.47% 1.68%
ROA (Net income/ Total Assets) 3.99% 5.16% 4.48% 6.62% 5.46% 1.47%
Assets 1 10,210 9,768 8,206 7,129 6,728 6,264
Book Value Per Share 2 9.840 10.60 10.70 11.30 11.50 11.20
Cash Flow per Share 2 0.8800 2.040 4.430 1.360 2.650 2.630
Capex 1 48.2 51.3 20.4 10.4 - 59.2
Capex / Sales 2% 2.36% 1.33% 0.77% - 6.76%
Announcement Date 2/26/19 2/27/20 2/23/21 2/22/22 2/21/23 2/29/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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