Company Valuation: Cal-Comp Electronics (Thailand)

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 21,736 105,545 47,234 93,528 - -
Change - 385.58% -55.25% 98.01% - -
Enterprise Value (EV) 1 21,736 118,219 60,552 106,499 105,800 101,989
Change - 443.88% -48.78% 75.88% -0.66% -3.6%
P/E 12.2x 40.4x 22.6x 33.9x 27x 24x
PBR - - 1.91x 3.66x 3.52x 3.32x
PEG - 0.9x -1.1x 1.1x 1x 1.9x
Capitalization / Revenue - 0.71x 0.39x 0.66x 0.61x 0.54x
EV / Revenue - 0.8x 0.5x 0.75x 0.69x 0.59x
EV / EBITDA - 20.1x 12.4x 17.6x 15.2x 13.3x
EV / EBIT - 35x 21.7x 28.7x 24.4x 21.4x
EV / FCF - 14.3x 126x 17x 26.5x 30.1x
FCF Yield - 6.98% 0.79% 5.88% 3.78% 3.32%
Dividend per Share 2 - 0.2 0.23 0.186 0.24 0.2367
Rate of return - 1.98% 5.09% 2.08% 2.68% 2.64%
EPS 2 0.17 0.25 0.2 0.264 0.332 0.3733
Distribution rate - 80% 115% 70.5% 72.3% 63.4%
Net sales 1 - 147,733 120,220 142,355 154,297 171,985
EBITDA 1 - 5,873 4,871 6,061 6,975 7,655
EBIT 1 - 3,373 2,788 3,708 4,344 4,772
Net income 1 1,116 2,603 2,044 2,948 3,607 4,117
Net Debt 1 - 12,674 13,318 12,972 12,272 8,461
Reference price 2 2.080 10.100 4.520 8.950 8.950 8.950
Nbr of stocks (in thousands) 10,450,003 10,450,003 10,450,003 10,450,003 - -
Announcement Date 2/27/24 2/27/25 2/26/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.9x0.75x17.57x2.08% 2.81B
25.14x1.74x15.99x0.57% 281B
69.48x17.25x46.95x0.32% 206B
22.02x1.75x9.21x1.17% 64.28B
16.89x0.36x6.55x1.95% 38.73B
24.76x3.96x15.42x1.63% 28.72B
41.31x22.57x31.31x1.27% 24.5B
58.78x - - 0.42% 23.2B
10.69x0.47x5.8x4.95% 22.15B
15.83x0.3x8.81x0.77% 20.11B
Average 31.88x 5.46x 17.51x 1.51% 71.15B
Weighted average by Cap. 38.20x 7.05x 24.08x 0.84%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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