Financials Civil Engineering

Equities

CIVIL

THA647010000

Construction & Engineering

End-of-day quote Thailand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2.04 THB +0.99% Intraday chart for Civil Engineering +0.99% -1.92%

Valuation

Fiscal Period: December 2022 2023 2024 2025
Capitalization 1 2,044 1,456 1,428 -
Enterprise Value (EV) 1 2,044 1,456 1,226 1,376
P/E ratio 32.4 x 16 x 13.6 x 7.42 x
Yield 0.68% - 2.94% 5.39%
Capitalization / Revenue 0.34 x 0.3 x 0.23 x 0.19 x
EV / Revenue 0.34 x 0.3 x 0.19 x 0.18 x
EV / EBITDA 6.35 x 5.51 x 3.93 x 2.81 x
EV / FCF -1.69 x - 0.87 x -7.17 x
FCF Yield -59.3% - 114% -14%
Price to Book - - 0.72 x 0.67 x
Nbr of stocks (in thousands) 700,000 700,000 700,000 -
Reference price 2 2.920 2.080 2.040 2.040
Announcement Date 2/27/23 2/27/24 - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 - 5,046 6,064 4,893 6,293 7,568
EBITDA 1 - 482.9 322.1 264.1 312 489.5
EBIT 1 - 219 56.16 74.69 94 225
Operating Margin - 4.34% 0.93% 1.53% 1.49% 2.97%
Earnings before Tax (EBT) 1 - 230.9 84.59 116 128 240
Net income 1 86.89 192.7 64.48 93.92 103 192
Net margin - 3.82% 1.06% 1.92% 1.64% 2.54%
EPS 2 0.1700 0.3900 0.0900 0.1300 0.1500 0.2750
Free Cash Flow 1 - 657.5 -1,213 - 1,402 -192
FCF margin - 13.03% -20% - 22.28% -2.54%
FCF Conversion (EBITDA) - 136.13% - - 449.36% -
FCF Conversion (Net income) - 341.24% - - 1,361.17% -
Dividend per Share 2 - 0.0200 0.0200 - 0.0600 0.1100
Announcement Date 1/26/22 2/28/22 2/27/23 2/27/24 - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 1,644 1,551 - 1,461 - 1,162 1,295 996.2 - -
EBITDA 126 - - - - - - - - -
EBIT - - - - - - - - - -
Operating Margin - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - -
Net income 1 40.32 30.33 -68.66 62.5 47.99 13.22 5.952 26.76 20 25
Net margin 2.45% 1.95% - 4.28% - 1.14% 0.46% 2.69% - -
EPS 0.0600 - - - - - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 5/13/22 8/10/22 11/11/22 2/27/23 5/11/23 8/10/23 11/13/23 2/27/24 - -
1THB in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - -
Net Cash position 1 - - - - 202 52
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - 657 -1,213 - 1,402 -192
ROE (net income / shareholders' equity) - 21% 5.18% - 5.6% 9.7%
ROA (Net income/ Total Assets) - 3.36% 0.9% - 1.5% 2.5%
Assets 1 - 5,736 7,155 - 6,867 7,682
Book Value Per Share 2 - - - - 2.820 3.030
Cash Flow per Share - - - - - -
Capex 1 - 57.2 36.2 - 200 350
Capex / Sales - 1.13% 0.6% - 3.18% 4.62%
Announcement Date 1/26/22 2/28/22 2/27/23 2/27/24 - -
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

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
2.04 THB
Average target price
2.81 THB
Spread / Average Target
+37.75%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. CIVIL Stock
  4. Financials Civil Engineering