Financials City Sports and Recreation

Equities

CSR

TH0151010004

Leisure & Recreation

End-of-day quote Thailand S.E. 06:00:00 2024-04-17 pm EDT 5-day change 1st Jan Change
62.75 THB -0.40% Intraday chart for City Sports and Recreation 0.00% -10.36%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,819 1,625 1,312 1,281 1,353 1,435
Enterprise Value (EV) 1 1,782 1,552 1,201 1,188 1,254 1,301
P/E ratio 34.3 x 32.8 x 56.4 x 51 x 36.5 x 27.3 x
Yield 1.92% 2.02% 1.08% 1.2% 1.68% 2.24%
Capitalization / Revenue 11 x 9.83 x 10.2 x 11.6 x 9.43 x 8.16 x
EV / Revenue 10.7 x 9.39 x 9.31 x 10.7 x 8.74 x 7.4 x
EV / EBITDA 23.5 x 22.4 x 29.6 x 34.9 x 24.3 x 19.2 x
EV / FCF 50.1 x 617 x 43.4 x 49.9 x 34.8 x 30.6 x
FCF Yield 2% 0.16% 2.3% 2% 2.87% 3.27%
Price to Book 1.41 x 1.25 x 1.21 x 1.07 x 1.11 x 1.2 x
Nbr of stocks (in thousands) 20,500 20,500 20,500 20,500 20,500 20,500
Reference price 2 88.75 79.25 64.00 62.50 66.00 70.00
Announcement Date 2/28/19 2/27/20 2/22/21 2/24/22 2/23/23 2/28/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 166.1 165.3 128.9 110.7 143.5 175.9
EBITDA 1 75.9 69.29 40.63 34.08 51.71 67.69
EBIT 1 57.69 50.34 20.88 17.05 38.38 55.22
Operating Margin 34.74% 30.46% 16.19% 15.4% 26.74% 31.39%
Earnings before Tax (EBT) 1 67.86 61.75 29.13 28.98 48.18 65.49
Net income 1 53.01 49.61 23.24 25.12 37.1 52.52
Net margin 31.92% 30.01% 18.03% 22.69% 25.85% 29.85%
EPS 2 2.586 2.420 1.134 1.225 1.810 2.562
Free Cash Flow 1 35.59 2.515 27.68 23.78 36 42.54
FCF margin 21.43% 1.52% 21.47% 21.48% 25.08% 24.18%
FCF Conversion (EBITDA) 46.89% 3.63% 68.12% 69.79% 69.61% 62.85%
FCF Conversion (Net income) 67.14% 5.07% 119.07% 94.67% 97.02% 81%
Dividend per Share 2 1.700 1.600 0.6900 0.7500 1.110 1.570
Announcement Date 2/28/19 2/27/20 2/22/21 2/24/22 2/23/23 2/28/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 37.3 72.8 111 93.4 98.8 134
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 35.6 2.51 27.7 23.8 36 42.5
ROE (net income / shareholders' equity) 4.12% 3.82% 1.95% 2.2% 3.06% 4.35%
ROA (Net income/ Total Assets) 2.44% 2.11% 0.96% 0.83% 1.76% 2.54%
Assets 1 2,174 2,352 2,414 3,031 2,114 2,068
Book Value Per Share 2 63.00 63.60 52.90 58.50 59.60 58.20
Cash Flow per Share 2 1.380 1.140 1.770 1.620 2.560 2.680
Capex 1 32.3 30.5 3.89 2.7 5.52 6.57
Capex / Sales 19.44% 18.47% 3.02% 2.44% 3.85% 3.73%
Announcement Date 2/28/19 2/27/20 2/22/21 2/24/22 2/23/23 2/28/24
1THB in Million2THB
Estimates
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