Financials Far East Fame Line DDB

Equities

FE

TH0087010Y08

Business Support Services

End-of-day quote Thailand S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
199.5 THB +18.75% Intraday chart for Far East Fame Line DDB +18.75% +4.45%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,317 1,574 1,495 1,535 1,338 1,503
Enterprise Value (EV) 1 1,035 1,295 561.6 589.1 959.9 1,094
P/E ratio 12.7 x 16.3 x 22 x 26.2 x 41.5 x 17.2 x
Yield 5.88% 5% 3.95% 2.82% 2.06% 4.45%
Capitalization / Revenue 1.88 x 2.21 x 2.54 x 4.08 x 2.7 x 2.18 x
EV / Revenue 1.47 x 1.82 x 0.95 x 1.57 x 1.94 x 1.59 x
EV / EBITDA 16.8 x 18.6 x 8.39 x 12.8 x 24.1 x 15 x
EV / FCF -36 x 24.9 x 10.4 x 28.8 x -52 x 39.1 x
FCF Yield -2.78% 4.02% 9.59% 3.47% -1.92% 2.56%
Price to Book 1.07 x 1.24 x 1.07 x 1.09 x 0.95 x 1.03 x
Nbr of stocks (in thousands) 7,750 7,870 7,870 7,870 7,870 7,870
Reference price 2 170.0 200.0 190.0 195.0 170.0 191.0
Announcement Date 2/28/19 2/28/20 2/25/21 2/25/22 2/24/23 2/28/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 702.3 713.6 588.9 375.7 495.6 688.6
EBITDA 1 61.61 69.8 66.91 45.88 39.77 72.83
EBIT 1 55.42 60.96 55.28 33.54 29.08 62.38
Operating Margin 7.89% 8.54% 9.39% 8.93% 5.87% 9.06%
Earnings before Tax (EBT) 1 125.8 117.5 85.48 69.92 38.61 111.6
Net income 1 101 95.83 68.11 58.65 32.26 87.55
Net margin 14.38% 13.43% 11.56% 15.61% 6.51% 12.71%
EPS 2 13.35 12.27 8.654 7.453 4.098 11.12
Free Cash Flow 1 -28.73 52.08 53.88 20.45 -18.47 28.02
FCF margin -4.09% 7.3% 9.15% 5.44% -3.73% 4.07%
FCF Conversion (EBITDA) - 74.62% 80.53% 44.58% - 38.47%
FCF Conversion (Net income) - 54.35% 79.12% 34.87% - 32%
Dividend per Share 2 10.00 10.00 7.500 5.500 3.500 8.500
Announcement Date 2/28/19 2/28/20 2/25/21 2/25/22 2/24/23 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 1 283 279 934 946 378 409
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -28.7 52.1 53.9 20.5 -18.5 28
ROE (net income / shareholders' equity) 8.48% 7.7% 5.14% 4.26% 2.48% 6.53%
ROA (Net income/ Total Assets) 2.07% 2.25% 1.98% 1.21% 1.08% 2.21%
Assets 1 4,877 4,258 3,446 4,856 2,975 3,970
Book Value Per Share 2 158.0 162.0 177.0 179.0 178.0 185.0
Cash Flow per Share 2 8.310 22.50 14.80 12.20 3.320 8.180
Capex 1 10.5 19.4 14.1 2.66 2.56 4.67
Capex / Sales 1.5% 2.72% 2.39% 0.71% 0.52% 0.68%
Announcement Date 2/28/19 2/28/20 2/25/21 2/25/22 2/24/23 2/28/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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