Financials Copperwired

Equities

CPW

TH9437010001

Computer & Electronics Retailers

End-of-day quote Thailand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2.24 THB -1.75% Intraday chart for Copperwired +0.90% -8.20%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 1,068 1,212 3,660 2,376 1,464
Enterprise Value (EV) 1 678.2 1,291 4,074 2,731 1,929
P/E ratio 10.7 x 22.1 x 42.7 x 26.5 x 11.3 x
Yield 4.49% 3.96% 1.31% 2.02% 3.28%
Capitalization / Revenue 0.3 x 0.36 x 0.7 x 0.32 x 0.2 x
EV / Revenue 0.19 x 0.39 x 0.78 x 0.37 x 0.26 x
EV / EBITDA 5.26 x 11.9 x 24.2 x 12.3 x 8.39 x
EV / FCF 27.5 x -13.1 x 16.7 x 10.7 x 9.69 x
FCF Yield 3.63% -7.66% 6% 9.38% 10.3%
Price to Book 1.58 x 1.75 x 4.99 x 3.06 x 1.71 x
Nbr of stocks (in thousands) 600,000 600,000 600,000 600,000 600,000
Reference price 2 1.780 2.020 6.100 3.960 2.440
Announcement Date 2/27/20 2/22/21 2/23/22 2/24/23 2/19/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,216 3,608 3,338 5,247 7,319 7,488
EBITDA 1 113.4 128.9 108.2 168.6 221.2 229.9
EBIT 1 87.68 98.08 74.13 122 145.9 166.6
Operating Margin 2.73% 2.72% 2.22% 2.33% 1.99% 2.23%
Earnings before Tax (EBT) 1 97.1 95.98 67.16 106.6 113.4 144.4
Net income 1 82.42 77.55 54.78 85.68 89.78 129.3
Net margin 2.56% 2.15% 1.64% 1.63% 1.23% 1.73%
EPS 2 0.2001 0.1662 0.0913 0.1428 0.1496 0.2154
Free Cash Flow 1 70.98 24.64 -98.91 244.6 256.2 199
FCF margin 2.21% 0.68% -2.96% 4.66% 3.5% 2.66%
FCF Conversion (EBITDA) 62.59% 19.12% - 145.07% 115.82% 86.57%
FCF Conversion (Net income) 86.12% 31.78% - 285.47% 285.36% 153.96%
Dividend per Share 2 50.00 0.0800 0.0800 0.0800 0.0800 0.0800
Announcement Date 4/30/19 2/27/20 2/22/21 2/23/22 2/24/23 2/19/24
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4
Net sales 1 721 2,519 - - 1,628 2,187
EBITDA 1 49.18 153.8 116.4 - 100.2 140.9
EBIT 1 6.38 71.21 38.33 - 15.07 59.89
Operating Margin 0.88% 2.83% - - 0.93% 2.74%
Earnings before Tax (EBT) - - - - - -
Net income 1 3.469 50.28 17.74 13.2 17.52 41.32
Net margin 0.48% 2% - - 1.08% 1.89%
EPS 2 0.006000 0.0800 0.0300 0.0220 0.0290 0.0690
Dividend per Share 2 - - - - - 0.0800
Announcement Date 11/5/21 2/23/22 5/12/22 8/10/22 11/9/22 2/24/23
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 78.9 414 355 465
Net Cash position 1 105 390 - - - -
Leverage (Debt/EBITDA) - - 0.7295 x 2.458 x 1.605 x 2.021 x
Free Cash Flow 1 71 24.6 -98.9 245 256 199
ROE (net income / shareholders' equity) 24.6% 15% 8% 12% 11.9% 15.8%
ROA (Net income/ Total Assets) 7.17% 5.99% 3.89% 4.45% 4.45% 5.31%
Assets 1 1,149 1,295 1,410 1,924 2,016 2,433
Book Value Per Share 2 0.8700 1.130 1.160 1.220 1.290 1.430
Cash Flow per Share 2 0.2500 0.6500 0.2900 0.3800 0.2400 0.2200
Capex 1 45.8 33.4 34.7 45.9 79.4 66
Capex / Sales 1.42% 0.93% 1.04% 0.88% 1.08% 0.88%
Announcement Date 4/30/19 2/27/20 2/22/21 2/23/22 2/24/23 2/19/24
1THB in Million2THB
Estimates
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