Financials Asiasoft Corporation

Equities

AS

TH0963A10Z08

Internet Services

End-of-day quote Thailand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
5.7 THB -0.87% Intraday chart for Asiasoft Corporation +2.70% -25.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 319.7 516.4 2,404 10,315 8,817 3,859
Enterprise Value (EV) 1 272.7 396.3 1,817 9,317 7,918 3,741
P/E ratio 26 x 126 x 7.84 x 21.7 x 30.5 x 17.7 x
Yield - - 5.17% 3.1% 3.05% -
Capitalization / Revenue 0.53 x 0.68 x 1.8 x 5.54 x 5.6 x 2.66 x
EV / Revenue 0.45 x 0.52 x 1.36 x 5 x 5.03 x 2.58 x
EV / EBITDA -9.23 x 5.66 x 5.04 x 16.8 x 30.8 x 18.7 x
EV / FCF -2.72 x 3.74 x 5.37 x 22.7 x -95.3 x 20 x
FCF Yield -36.8% 26.8% 18.6% 4.4% -1.05% 4.99%
Price to Book 2.55 x 4.07 x 5.42 x 13 x 9.15 x 4.11 x
Nbr of stocks (in thousands) 409,877 409,877 414,485 456,407 506,717 507,732
Reference price 2 0.7800 1.260 5.800 22.60 17.40 7.600
Announcement Date 2/25/19 2/21/20 2/24/21 2/25/22 2/27/23 2/29/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 601.1 762.4 1,336 1,862 1,576 1,449
EBITDA 1 -29.54 70.04 360.7 555.4 256.8 200.4
EBIT 1 -48.46 54.25 353.7 546.4 243.9 188.2
Operating Margin -8.06% 7.12% 26.47% 29.34% 15.48% 12.99%
Earnings before Tax (EBT) 1 18.66 2.802 364.5 599 317.3 252.1
Net income 1 14.01 4.351 307 479.2 268.6 218.3
Net margin 2.33% 0.57% 22.98% 25.74% 17.04% 15.07%
EPS 2 0.0300 0.0100 0.7400 1.040 0.5700 0.4300
Free Cash Flow 1 -100.4 106.1 338.2 410 -83.09 186.8
FCF margin -16.69% 13.91% 25.31% 22.02% -5.27% 12.89%
FCF Conversion (EBITDA) - 151.43% 93.77% 73.81% - 93.22%
FCF Conversion (Net income) - 2,437.77% 110.15% 85.55% - 85.57%
Dividend per Share - - 0.3000 0.7000 0.5300 -
Announcement Date 2/25/19 2/21/20 2/24/21 2/25/22 2/27/23 2/29/24
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3
Net sales 1 - 502.2 452.1 - 404.2
EBITDA 1 - - - - 80.92
EBIT 1 - 157.9 - - 52.95
Operating Margin - 31.44% - - 13.1%
Earnings before Tax (EBT) 1 - 157.7 - - 80.31
Net income 1 128.7 135.7 103 87.93 67.81
Net margin - 27.01% 22.78% - 16.78%
EPS 2 0.2600 0.3100 - 0.1900 0.1400
Dividend per Share - - - - -
Announcement Date 11/12/21 2/25/22 5/13/22 8/11/22 11/11/22
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 47 120 587 997 899 118
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -100 106 338 410 -83.1 187
ROE (net income / shareholders' equity) 12.6% 1.84% 107% 76.2% 28.3% 20.3%
ROA (Net income/ Total Assets) -8.25% 9.26% 36.3% 31.9% 11.2% 7.66%
Assets 1 -169.9 46.97 846.9 1,504 2,397 2,849
Book Value Per Share 2 0.3100 0.3100 1.070 1.740 1.900 1.850
Cash Flow per Share 2 0.1600 0.3500 0.7800 1.320 1.200 0.6800
Capex 1 15 5.47 8.1 7.39 25.6 12.7
Capex / Sales 2.5% 0.72% 0.61% 0.4% 1.62% 0.88%
Announcement Date 2/25/19 2/21/20 2/24/21 2/25/22 2/27/23 2/29/24
1THB in Million2THB
Estimates
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