Financials Firetrade Engineering

Equities

FTE

TH8103010006

Business Support Supplies

End-of-day quote Thailand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.7 THB 0.00% Intraday chart for Firetrade Engineering +3.03% +13.33%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,158 1,212 972 1,086 943.8 990
Enterprise Value (EV) 1 885.2 1,096 999.7 1,178 1,054 982.3
P/E ratio 8.89 x 10.6 x 16.1 x 24.7 x 11.7 x 8.41 x
Yield 10.4% 7.92% 3.7% 0.31% 6.29% 11.3%
Capitalization / Revenue 1.14 x 1.18 x 1.07 x 1.08 x 0.87 x 0.86 x
EV / Revenue 0.87 x 1.07 x 1.1 x 1.17 x 0.97 x 0.86 x
EV / EBITDA 5.68 x 8.21 x 11.2 x 17.5 x 9.16 x 6.14 x
EV / FCF 15.3 x 15.1 x -573 x -17.1 x -113 x 4.62 x
FCF Yield 6.54% 6.61% -0.17% -5.84% -0.89% 21.6%
Price to Book 1.56 x 1.65 x 1.33 x 1.45 x 1.17 x 1.17 x
Nbr of stocks (in thousands) 660,000 660,000 660,000 660,000 660,000 660,000
Reference price 2 1.755 1.836 1.473 1.645 1.430 1.500
Announcement Date 2/20/19 3/2/20 3/1/21 2/25/22 2/28/23 2/27/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,018 1,026 907.2 1,005 1,089 1,145
EBITDA 1 155.8 133.4 89.54 67.43 115 159.9
EBIT 1 152.5 129.9 86.05 60.04 107.6 152.4
Operating Margin 14.97% 12.66% 9.49% 5.97% 9.88% 13.31%
Earnings before Tax (EBT) 1 163.1 142.3 75.45 55.8 101.7 147.8
Net income 1 130.2 114.6 60.53 44.02 80.67 117.7
Net margin 12.79% 11.17% 6.67% 4.38% 7.41% 10.28%
EPS 2 0.1973 0.1736 0.0917 0.0667 0.1222 0.1783
Free Cash Flow 1 57.92 72.36 -1.743 -68.84 -9.359 212.5
FCF margin 5.69% 7.05% -0.19% -6.85% -0.86% 18.56%
FCF Conversion (EBITDA) 37.17% 54.24% - - - 132.89%
FCF Conversion (Net income) 44.48% 63.14% - - - 180.52%
Dividend per Share 2 0.1818 0.1455 0.0545 0.005100 0.0900 0.1700
Announcement Date 2/20/19 3/2/20 3/1/21 2/25/22 2/28/23 2/27/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 27.7 91.8 110 -
Net Cash position 1 273 116 - - - 7.65
Leverage (Debt/EBITDA) - - 0.3093 x 1.361 x 0.9591 x -
Free Cash Flow 1 57.9 72.4 -1.74 -68.8 -9.36 212
ROE (net income / shareholders' equity) 17.5% 15.5% 8.27% 5.95% 10.3% 14.2%
ROA (Net income/ Total Assets) 10.6% 8.78% 5.43% 3.52% 5.92% 8.05%
Assets 1 1,227 1,305 1,114 1,250 1,362 1,462
Book Value Per Share 2 1.130 1.110 1.110 1.140 1.220 1.280
Cash Flow per Share 2 0.4100 0.1800 0.0600 0.0300 0.0500 0.1600
Capex 1 1.61 - 87.9 29 2.46 4.68
Capex / Sales 0.16% - 9.69% 2.89% 0.23% 0.41%
Announcement Date 2/20/19 3/2/20 3/1/21 2/25/22 2/28/23 2/27/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. FTE Stock
  4. Financials Firetrade Engineering