Financials ASN Broker

Equities

ASN

TH7188010006

Multiline Insurance & Brokers

End-of-day quote Thailand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2.1 THB 0.00% Intraday chart for ASN Broker 0.00% +10.53%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 455 832 680.2 640.2 599 355.7
Enterprise Value (EV) 1 404.2 764.9 589.9 653 724.1 534.1
P/E ratio 20.6 x 27.2 x 46.4 x 43.3 x 107 x 180 x
Yield - 0.16% 0.23% 2.34% 0.83% -
Capitalization / Revenue 3.29 x 5.21 x 4.67 x 4.28 x 3.94 x 2.21 x
EV / Revenue 2.92 x 4.79 x 4.05 x 4.36 x 4.76 x 3.31 x
EV / EBITDA 11.6 x 17.4 x 25.7 x 23.2 x 25.2 x 18.4 x
EV / FCF -19.3 x 470 x 23.2 x -176 x -32.6 x -123 x
FCF Yield -5.17% 0.21% 4.31% -0.57% -3.07% -0.82%
Price to Book 1.8 x 2.94 x 2.33 x 2.1 x 2.02 x 1.21 x
Nbr of stocks (in thousands) 187,200 187,200 187,200 187,200 187,200 187,200
Reference price 2 2.431 4.444 3.633 3.420 3.200 1.900
Announcement Date 2/26/19 2/25/20 2/24/21 2/24/22 2/22/23 2/21/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 138.3 159.6 145.7 149.8 152 161.2
EBITDA 1 34.8 44.02 22.95 28.13 28.72 29.06
EBIT 1 29.27 38.26 17.18 21.92 18.97 18.7
Operating Margin 21.17% 23.97% 11.79% 14.64% 12.48% 11.6%
Earnings before Tax (EBT) 1 29.27 38.26 16.13 18.69 6.684 6.431
Net income 1 22.13 30.55 14.66 14.8 5.169 1.981
Net margin 16% 19.14% 10.06% 9.88% 3.4% 1.23%
EPS 2 0.1181 0.1632 0.0784 0.0791 0.0300 0.0106
Free Cash Flow 1 -20.89 1.628 25.42 -3.708 -22.2 -4.357
FCF margin -15.11% 1.02% 17.45% -2.48% -14.61% -2.7%
FCF Conversion (EBITDA) - 3.7% 110.78% - - -
FCF Conversion (Net income) - 5.33% 173.44% - - -
Dividend per Share - 0.006900 0.008300 0.0801 0.0267 -
Announcement Date 2/26/19 2/25/20 2/24/21 2/24/22 2/22/23 2/21/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 12.8 125 178
Net Cash position 1 50.8 67.1 90.3 - - -
Leverage (Debt/EBITDA) - - - 0.4552 x 4.355 x 6.14 x
Free Cash Flow 1 -20.9 1.63 25.4 -3.71 -22.2 -4.36
ROE (net income / shareholders' equity) 8.99% 11.4% 5.1% 4.95% 1.71% 0.67%
ROA (Net income/ Total Assets) 6.52% 7.77% 2.84% 2.77% 2.03% 2.07%
Assets 1 339.6 393 515.3 533.5 254.3 95.47
Book Value Per Share 2 1.350 1.510 1.560 1.630 1.590 1.570
Cash Flow per Share 2 0.2700 0.3600 0.6000 1.090 0.4500 0.1500
Capex 1 1.07 0.56 0.58 0.87 3.68 0.45
Capex / Sales 0.77% 0.35% 0.4% 0.58% 2.42% 0.28%
Announcement Date 2/26/19 2/25/20 2/24/21 2/24/22 2/22/23 2/21/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. ASN Stock
  4. Financials ASN Broker