Stock CBG CARABAO GROUP
Add to a list
To use this feature you must be a member
Log inSign up

Financials Carabao Group

Equities

CBG

TH6066010005

Non-Alcoholic Beverages

End-of-day quote Thailand S.E.
Other stock markets
 06:00:00 2024-04-25 pm EDT 		5-day change 1st Jan Change
65 THB -1.14% Intraday chart for Carabao Group +5.26% -21.21%
Apr. 26 Carabao Group Public Company Limited Announces Board and Audit Committee Appointments CI
Apr. 26 Carabao Group Public Company Limited Approves Dividend for the Year Ended December 31, 2023, Payable on May 14, 2024 CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 84,000 114,500 119,500 96,750 82,500 65,000 - -
Enterprise Value (EV) 1 87,167 118,348 124,870 103,094 82,500 68,358 67,276 65,222
P/E ratio 33.5 x 32.4 x 41.5 x 42.2 x 43 x 26.8 x 23.8 x 21.9 x
Yield 2.02% 2.1% 2.01% 1.81% - 2.13% 2.42% 2.75%
Capitalization / Revenue 5.58 x 6.59 x 6.88 x 5.04 x 4.38 x 2.93 x 2.69 x 2.51 x
EV / Revenue 5.79 x 6.81 x 7.19 x 5.37 x 4.38 x 3.08 x 2.78 x 2.52 x
EV / EBITDA 23.5 x 24.4 x 31.3 x 28.6 x 27.2 x 17.9 x 15.9 x 14.3 x
EV / FCF 34.5 x 59.7 x 96.6 x 60.8 x - 34.5 x 23.9 x 20.5 x
FCF Yield 2.9% 1.67% 1.04% 1.65% - 2.9% 4.18% 4.87%
Price to Book 9.81 x 11.5 x 11.7 x 9.06 x - 5.19 x 4.74 x 4.37 x
Nbr of stocks (in thousands) 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 - -
Reference price 2 84.00 114.5 119.5 96.75 82.50 65.00 65.00 65.00
Announcement Date 2/20/20 2/19/21 2/18/22 2/20/23 2/16/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 15,052 17,382 17,364 19,215 18,853 22,197 24,183 25,929
EBITDA 1 3,710 4,846 3,992 3,608 3,038 3,815 4,219 4,559
EBIT 1 3,058 4,178 3,239 2,555 2,219 2,941 3,319 3,625
Operating Margin 20.32% 24.03% 18.65% 13.3% 11.77% 13.25% 13.73% 13.98%
Earnings before Tax (EBT) 1 3,032 4,227 3,356 2,684 2,237 2,854 3,251 3,523
Net income 1 2,506 3,525 2,881 2,286 1,924 2,419 2,729 2,976
Net margin 16.65% 20.28% 16.59% 11.9% 10.21% 10.9% 11.28% 11.48%
EPS 2 2.510 3.530 2.880 2.290 1.920 2.428 2.733 2.973
Free Cash Flow 1 2,524 1,981 1,293 1,696 - 1,982 2,811 3,176
FCF margin 16.77% 11.4% 7.45% 8.83% - 8.93% 11.63% 12.25%
FCF Conversion (EBITDA) 68.04% 40.88% 32.39% 47.02% - 51.97% 66.63% 69.67%
FCF Conversion (Net income) 100.72% 56.2% 44.88% 74.19% - 81.96% 103.03% 106.74%
Dividend per Share 2 1.700 2.400 2.400 1.750 - 1.386 1.570 1.789
Announcement Date 2/20/20 2/19/21 2/18/22 2/20/23 2/16/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 1 3,957 4,382 4,826 5,247 10,030 4,695 4,490 4,124 4,707 4,707 5,316 5,132 -
EBITDA 802.6 861.2 936.7 1,120 2,100 806.9 700.1 554.1 753.3 810.8 982 - -
EBIT 1 609.6 667.2 739.4 851 1,590 544.9 419.6 287.9 547.7 606.7 776.9 755 -
Operating Margin 15.41% 15.23% 15.32% 16.22% 15.86% 11.61% 9.34% 6.98% 11.64% 12.89% 14.61% 14.71% -
Earnings before Tax (EBT) 673 689.1 758.1 893.3 - 570.2 462.4 316.8 555 601.5 763.8 - -
Net income 1 601.2 612.9 660.2 742.5 1,403 475.3 408.2 263.8 481.5 529.6 649.3 594.5 625
Net margin 15.19% 13.99% 13.68% 14.15% 13.98% 10.12% 9.09% 6.4% 10.23% 11.25% 12.21% 11.58% -
EPS 0.6000 0.6100 - 0.7400 1.400 0.4800 0.4100 0.2600 0.4800 0.5300 0.6500 - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 11/12/21 2/18/22 5/13/22 8/11/22 8/11/22 11/11/22 2/20/23 5/16/23 8/10/23 11/10/23 2/16/24 - -
1THB in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,167 3,848 5,370 6,344 - 3,358 2,276 223
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.8535 x 0.794 x 1.345 x 1.758 x - 0.8803 x 0.5395 x 0.0488 x
Free Cash Flow 1 2,524 1,981 1,293 1,696 - 1,982 2,811 3,176
ROE (net income / shareholders' equity) 31.8% 38.1% 28.6% 21.9% - 19.9% 20.6% 20.4%
ROA (Net income/ Total Assets) 17.2% 22.1% 15.9% 11.7% - 12.2% 12.9% 13.6%
Assets 1 14,550 15,933 18,137 19,612 - 19,826 21,079 21,933
Book Value Per Share 2 8.570 9.960 10.20 10.70 - 12.50 13.70 14.90
Cash Flow per Share 2 - 3.640 2.470 2.130 - 3.010 3.580 3.800
Capex 1 428 1,655 1,163 435 - 709 726 798
Capex / Sales 2.84% 9.52% 6.7% 2.26% - 3.2% 3% 3.08%
Announcement Date 2/20/20 2/19/21 2/18/22 2/20/23 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

Ratings for Carabao Group

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
65 THB
Average target price
72.48 THB
Spread / Average Target
+11.51%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Energy Drinks

1st Jan change Capi.
CARABAO GROUP Stock Carabao Group
-21.21% 1.76B
EASTROC BEVERAGE(GROUP) CO., LTD. Stock Eastroc Beverage(Group) Co., Ltd.
+9.16% 11B
GURU ORGANIC ENERGY CORP. Stock GURU Organic Energy Corp.
+21.36% 55.36M
Energy Drinks
  1. Stock Market
  2. Equities
  3. CBG Stock
  4. Financials Carabao Group