ELECTRICITY GENERATING |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 111 THB | +0.91% |
|
+1.37% | -13.28% |
| Apr. 17 | Electricity Generating Public Company Limited Announces Management Changes | CI |
| Apr. 17 | Electricity Generating Public Company Limited Approves Board Elections | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 172,681 | 101,345 | 92,395 | 90,815 | 67,388 | 58,438 | - | - |
| Enterprise Value (EV) 1 | 240,993 | 174,446 | 184,341 | 168,197 | 67,388 | 156,554 | 152,402 | 144,717 |
| P/E ratio | 13.2 x | 11.6 x | 22.5 x | 33.8 x | -8.04 x | 6.12 x | 5.92 x | 6.64 x |
| Yield | 1.98% | 3.38% | 3.7% | - | - | 6.13% | 6.11% | 5.18% |
| Capitalization / Revenue | 4.6 x | 3.02 x | 2.57 x | 1.52 x | 1.36 x | 1.27 x | 1.38 x | 1.51 x |
| EV / Revenue | 6.42 x | 5.2 x | 5.13 x | 2.82 x | 1.36 x | 3.41 x | 3.61 x | 3.73 x |
| EV / EBITDA | 23.7 x | 19.7 x | 20.9 x | 17.4 x | 5.68 x | 12.8 x | 14.6 x | 15.4 x |
| EV / FCF | 21.6 x | 15.2 x | 18.9 x | 26.3 x | - | 42.4 x | 23.5 x | - |
| FCF Yield | 4.64% | 6.57% | 5.29% | 3.81% | - | 2.36% | 4.26% | - |
| Price to Book | 1.65 x | 0.99 x | 0.82 x | 0.76 x | - | 0.52 x | 0.44 x | 0.48 x |
| Nbr of stocks (in thousands) | 526,465 | 526,465 | 526,465 | 526,465 | 526,465 | 526,465 | - | - |
| Reference price 2 | 328.0 | 192.5 | 175.5 | 172.5 | 128.0 | 111.0 | 111.0 | 111.0 |
| Announcement Date | 2/20/20 | 2/23/21 | 2/28/22 | 2/28/23 | 2/28/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 37,511 | 33,578 | 35,903 | 59,632 | 49,627 | 45,844 | 42,261 | 38,764 |
| EBITDA 1 | 10,178 | 8,838 | 8,821 | 9,651 | 11,870 | 12,240 | 10,405 | 9,382 |
| EBIT 1 | 6,811 | 5,707 | 5,697 | 6,366 | 8,830 | 8,052 | 5,339 | 2,414 |
| Operating Margin | 18.16% | 17% | 15.87% | 10.68% | 17.79% | 17.56% | 12.63% | 6.23% |
| Earnings before Tax (EBT) 1 | 13,986 | 9,782 | 4,776 | 2,957 | -7,742 | 9,870 | 9,296 | 10,177 |
| Net income 1 | 13,059 | 8,733 | 4,104 | 2,683 | -8,384 | 9,261 | 9,370 | 8,813 |
| Net margin | 34.81% | 26.01% | 11.43% | 4.5% | -16.89% | 20.2% | 22.17% | 22.74% |
| EPS 2 | 24.81 | 16.59 | 7.800 | 5.100 | -15.93 | 18.15 | 18.75 | 16.71 |
| Free Cash Flow 1 | 11,174 | 11,466 | 9,751 | 6,406 | - | 3,688 | 6,487 | - |
| FCF margin | 29.79% | 34.15% | 27.16% | 10.74% | - | 8.04% | 15.35% | - |
| FCF Conversion (EBITDA) | 109.78% | 129.72% | 110.55% | 66.38% | - | 30.13% | 62.34% | - |
| FCF Conversion (Net income) | 85.56% | 131.29% | 237.62% | 238.76% | - | 39.82% | 69.23% | - |
| Dividend per Share 2 | 6.500 | 6.500 | 6.500 | - | - | 6.800 | 6.782 | 5.750 |
| Announcement Date | 2/20/20 | 2/23/21 | 2/28/22 | 2/28/23 | 2/28/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2023 Q3 | 2023 Q4 |
|---|---|---|---|---|---|
| Net sales 1 | - | - | - | 11,346 | 10,680 |
| EBITDA 1 | - | - | - | 2,889 | 2,868 |
| EBIT | - | - | - | - | - |
| Operating Margin | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | -14,218 |
| Net income 1 | 3,170 | 934.2 | 4,116 | 2,373 | -14,239 |
| Net margin | - | - | - | 20.91% | -133.32% |
| EPS 2 | - | - | - | 4.510 | -27.05 |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 11/11/21 | 2/28/22 | 5/11/22 | 11/14/23 | 2/28/24 |
1THB in Million2THB
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 68,312 | 73,101 | 91,946 | 77,382 | - | 98,116 | 93,964 | 86,279 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.712 x | 8.271 x | 10.42 x | 8.018 x | - | 8.016 x | 9.03 x | 9.196 x |
| Free Cash Flow 1 | 11,174 | 11,466 | 9,751 | 6,406 | - | 3,688 | 6,487 | - |
| ROE (net income / shareholders' equity) | 12.8% | 8.45% | 4.07% | 2.29% | - | 8.38% | 7.89% | 7.6% |
| ROA (Net income/ Total Assets) | 6.29% | 8.45% | 1.8% | 1.73% | - | 3.65% | 3.68% | 3.87% |
| Assets 1 | 207,474 | 103,367 | 228,185 | 155,318 | - | 253,723 | 254,956 | 227,927 |
| Book Value Per Share 2 | 198.0 | 194.0 | 214.0 | 227.0 | - | 212.0 | 250.0 | 231.0 |
| Cash Flow per Share 2 | 21.70 | 22.20 | 19.90 | 14.90 | - | 23.10 | 26.70 | - |
| Capex 1 | 256 | 247 | 702 | 1,452 | - | 1,500 | 500 | - |
| Capex / Sales | 0.68% | 0.74% | 1.95% | 2.43% | - | 3.27% | 1.18% | - |
| Announcement Date | 2/20/20 | 2/23/21 | 2/28/22 | 2/28/23 | 2/28/24 | - | - | - |
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
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
111
THB
Average target price
153.5
THB
Spread / Average Target
+38.29%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -13.28% | 1.58B | |
| +14.41% | 41.39B | |
| +12.65% | 27.36B | |
| +17.68% | 15.95B | |
| +25.58% | 12.07B | |
| +21.90% | 8.9B | |
| +22.76% | 6.41B | |
| +56.88% | 5.9B | |
| +33.57% | 5.08B | |
| -1.01% | 4.17B |
- Stock Market
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- EGCO Stock
- Financials Electricity Generating
