Financials B-52 Capital

Equities

B52

TH0045D10Z07

Real Estate Development & Operations

End-of-day quote Thailand S.E. 06:00:00 2024-06-06 pm EDT 5-day change 1st Jan Change
0.52 THB -28.77% Intraday chart for B-52 Capital -30.67% -56.30%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 331.9 404.4 687.5 1,652 1,637 877.4
Enterprise Value (EV) 1 208.8 294.2 614.1 1,555 1,578 855.2
P/E ratio -1.04 x -4.35 x -11 x -15.8 x -9.94 x -28.2 x
Yield - - - - - -
Capitalization / Revenue 0.4 x 13 x 22.3 x 23.7 x 11.9 x 12.5 x
EV / Revenue 0.25 x 9.43 x 20 x 22.3 x 11.5 x 12.2 x
EV / EBITDA -0.8 x -3.78 x -10.1 x -15.8 x -10.3 x -8.98 x
EV / FCF 0.33 x -4.05 x -78.2 x -22.2 x -14.2 x -11.6 x
FCF Yield 303% -24.7% -1.28% -4.5% -7.05% -8.59%
Price to Book 1.96 x 2.1 x 5.27 x 6.38 x 7.89 x 5 x
Nbr of stocks (in thousands) 395,100 505,508 505,508 655,450 737,347 737,347
Reference price 2 0.8400 0.8000 1.360 2.520 2.220 1.190
Announcement Date 2/26/19 2/17/20 2/25/21 2/25/22 2/28/23 2/27/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 833.1 31.21 30.78 69.63 137.4 70.38
EBITDA 1 -261 -77.9 -60.87 -98.3 -153.6 -95.19
EBIT 1 -264.3 -81.11 -63.57 -102.4 -160.1 -101.9
Operating Margin -31.72% -259.85% -206.54% -147.01% -116.51% -144.83%
Earnings before Tax (EBT) 1 -297.5 -77.1 -62.88 -100.3 -161 -38.3
Net income 1 -319.4 -76.95 -62.5 -96.38 -157.9 -31.13
Net margin -38.33% -246.51% -203.06% -138.43% -114.92% -44.23%
EPS 2 -0.8083 -0.1839 -0.1236 -0.1597 -0.2233 -0.0422
Free Cash Flow 1 633.5 -72.69 -7.851 -69.99 -111.2 -73.42
FCF margin 76.04% -232.88% -25.51% -100.52% -80.94% -104.32%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 2/26/19 2/17/20 2/25/21 2/25/22 2/28/23 2/27/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 123 110 73.4 96.3 59.1 22.3
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 633 -72.7 -7.85 -70 -111 -73.4
ROE (net income / shareholders' equity) -107% -42.4% -38.9% -51.4% -69.1% -20.7%
ROA (Net income/ Total Assets) -27.4% -24.7% -22.4% -24.6% -30.1% -24.3%
Assets 1 1,166 312 279 392.1 524.4 128.2
Book Value Per Share 2 0.4300 0.3800 0.2600 0.4000 0.2800 0.2400
Cash Flow per Share 2 0.0300 0.0800 0.1700 0.1000 0.1200 0.0700
Capex 1 3.15 8.92 1.01 2.86 4.04 0.34
Capex / Sales 0.38% 28.58% 3.28% 4.11% 2.94% 0.48%
Announcement Date 2/26/19 2/17/20 2/25/21 2/25/22 2/28/23 2/27/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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