Financials Asia Sermkij Leasing

Equities

ASK

TH0816010001

Consumer Lending

End-of-day quote Thailand S.E. 06:00:00 2024-06-06 pm EDT 5-day change 1st Jan Change
14.7 THB +0.68% Intraday chart for Asia Sermkij Leasing -2.00% -26.13%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,812 23,357 18,738 10,504 7,759 - -
Enterprise Value (EV) 1 7,812 23,357 18,738 10,504 7,759 7,759 7,759
P/E ratio 8.84 x 16.9 x 12.4 x 8.61 x 8.86 x 6.1 x 6.81 x
Yield - 2.58% 4.06% - 6.73% 8.03% 7.35%
Capitalization / Revenue - 6.92 x 4.37 x 2.29 x 1.67 x 1.57 x 1.48 x
EV / Revenue - 6.92 x 4.37 x 2.29 x 1.67 x 1.57 x 1.48 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book - 2.52 x 1.83 x - 0.71 x 0.65 x 0.64 x
Nbr of stocks (in thousands) 351,896 527,843 527,843 527,843 527,843 - -
Reference price 2 22.20 44.25 35.50 19.90 14.70 14.70 14.70
Announcement Date 2/19/21 2/18/22 2/15/23 2/16/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 3,375 4,288 4,589 4,636 4,940 5,234
EBITDA - - - - - - -
EBIT 1 - 2,326 3,161 3,308 3,293 3,404 3,638
Operating Margin - 68.91% 73.73% 72.08% 71.03% 68.92% 69.51%
Earnings before Tax (EBT) 1 - 1,509 1,896 1,529 1,094 1,584 1,424
Net income 1 883.1 1,203 1,512 1,219 875 1,268 1,139
Net margin - 35.64% 35.26% 26.56% 18.87% 25.66% 21.76%
EPS 2 2.510 2.620 2.860 2.310 1.660 2.410 2.160
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - 1.140 1.440 - 0.9900 1.180 1.080
Announcement Date 2/19/21 2/18/22 2/15/23 2/16/24 - - -
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 2024 Q1
Net sales 1 952.4 1,005 1,049 1,116 1,118 - - 1,112
EBITDA - - - - - - - -
EBIT 1 699.7 1,026 758.6 823.1 849.7 1,226 840.5 772
Operating Margin 73.47% 102.02% 72.33% 73.78% 75.98% - - 69.45%
Earnings before Tax (EBT) 430.8 439.5 449.8 490.6 516.6 504.8 421 -
Net income 1 343.2 351 359 391.4 410.7 402.8 336.6 173.8
Net margin 36.04% 34.92% 34.23% 35.09% 36.72% - - 15.64%
EPS 2 0.6400 0.6700 0.6800 0.7400 0.7700 0.7600 0.6400 0.3300
Dividend per Share - - - - - - - -
Announcement Date 2/18/22 5/9/22 8/10/22 11/11/22 2/15/23 5/9/23 8/16/23 5/10/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 16.1% 15.5% - 8.1% 10.9% 9.7%
ROA (Net income/ Total Assets) - 2.37% 2.4% - 1.1% 1.5% 1.2%
Assets 1 - 50,800 62,901 - 79,545 84,500 94,917
Book Value Per Share 2 - 17.50 19.40 - 20.70 22.60 22.80
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 2/19/21 2/18/22 2/15/23 2/16/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
14.7 THB
Average target price
20.33 THB
Spread / Average Target
+38.32%
Consensus
  1. Stock Market
  2. Equities
  3. ASK Stock
  4. Financials Asia Sermkij Leasing