DON MUANG TOLLWAY |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 11.9 THB | +0.85% |
|
+1.71% | -11.85% |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Capitalization 1 | 13,584 | 12,875 | 15,947 | 14,057 | - |
| Enterprise Value (EV) 1 | 13,584 | 12,875 | 15,947 | 13,643 | 12,904 |
| P/E ratio | 31.9 x | 16.5 x | 15.9 x | 9.15 x | 7.04 x |
| Yield | 2.78% | 5.78% | - | 8.91% | 8.74% |
| Capitalization / Revenue | 11.3 x | 7.03 x | 6.86 x | 5.53 x | 4.53 x |
| EV / Revenue | 11.3 x | 7.03 x | 6.86 x | 5.36 x | 4.16 x |
| EV / EBITDA | 25.7 x | 9.69 x | 8.84 x | 7.1 x | 5.44 x |
| EV / FCF | 29.8 x | 21.6 x | - | 8.52 x | 6.65 x |
| FCF Yield | 3.36% | 4.63% | - | 11.7% | 15% |
| Price to Book | 1.42 x | 1.32 x | - | 1.08 x | 1.06 x |
| Nbr of stocks (in thousands) | 1,181,233 | 1,181,233 | 1,181,233 | 1,181,233 | - |
| Reference price 2 | 11.50 | 10.90 | 13.50 | 11.90 | 11.90 |
| Announcement Date | 2/23/22 | 2/21/23 | 2/21/24 | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net sales 1 | 2,047 | 1,202 | 1,832 | 2,325 | 2,544 | 3,105 |
| EBITDA 1 | - | 529.4 | 1,329 | 1,804 | 1,922 | 2,373 |
| EBIT 1 | - | 503.5 | 965.2 | 1,274 | 1,350 | 1,755 |
| Operating Margin | - | 41.87% | 52.68% | 54.81% | 53.07% | 56.52% |
| Earnings before Tax (EBT) 1 | - | 489.3 | 977 | 1,252 | 1,327 | 1,728 |
| Net income 1 | - | 404.3 | 780.6 | 1,001 | 1,062 | 1,382 |
| Net margin | - | 33.62% | 42.61% | 43.06% | 41.75% | 44.51% |
| EPS 2 | 0.7600 | 0.3600 | 0.6600 | 0.8500 | 1.300 | 1.690 |
| Free Cash Flow 1 | - | 456.6 | 596.1 | - | 1,601 | 1,940 |
| FCF margin | - | 37.97% | 32.54% | - | 62.93% | 62.48% |
| FCF Conversion (EBITDA) | - | 86.24% | 44.84% | - | 83.3% | 81.75% |
| FCF Conversion (Net income) | - | 112.93% | 76.36% | - | 150.75% | 140.38% |
| Dividend per Share 2 | - | 0.3200 | 0.6300 | - | 1.060 | 1.040 |
| Announcement Date | 2/18/21 | 2/23/22 | 2/21/23 | 2/21/24 | - | - |
1THB in Million2THB
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | - | - | - | - | 414 | 1,153 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 457 | 596 | - | 1,601 | 1,940 |
| ROE (net income / shareholders' equity) | - | 4.71% | 8.07% | - | 14% | 18.2% |
| ROA (Net income/ Total Assets) | - | 3.87% | 7.53% | - | - | - |
| Assets 1 | - | 10,458 | 10,360 | - | - | - |
| Book Value Per Share 2 | - | 8.110 | 8.270 | - | 11.10 | 11.20 |
| Cash Flow per Share | - | 0.4300 | 0.9800 | - | - | - |
| Capex 1 | - | - | - | - | 23 | 28 |
| Capex / Sales | - | - | - | - | 0.9% | 0.9% |
| Announcement Date | 2/18/21 | 2/23/22 | 2/21/23 | 2/21/24 | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
11.9
THB
Average target price
14.3
THB
Spread / Average Target
+20.17%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -11.85% | 380M | |
| -7.84% | 25.09B | |
| +0.22% | 20.21B | |
| +17.30% | 10.79B | |
| +10.83% | 7.27B | |
| +9.97% | 6.98B | |
| +5.41% | 6.49B | |
| +33.00% | 6.17B | |
| -11.92% | 4.91B | |
| -9.95% | 4.88B |
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