Financials Function International

Equities

FTI

THA804010009

Water Utilities

End-of-day quote Thailand S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
2.14 THB +0.94% Intraday chart for Function International 0.00% -0.93%

Valuation

Fiscal Period: December 2022 2023 2024
Capitalization 1 936 972 963
Enterprise Value (EV) 1 936 1,050 1,094
P/E ratio 23.1 x 21.6 x 12.6 x
Yield - 3.24% 6.07%
Capitalization / Revenue - 1.25 x 0.97 x
EV / Revenue - 1.35 x 1.11 x
EV / EBITDA - 14.8 x 8.68 x
EV / FCF - - -
FCF Yield - - -
Price to Book - 1.36 x 0.96 x
Nbr of stocks (in thousands) 450,000 450,000 450,000
Reference price 2 2.080 2.160 2.140
Announcement Date 2/24/23 2/27/24 -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024
Net sales 1 - 778.7 988
EBITDA 1 - 70.86 126
EBIT 1 - 58.03 101
Operating Margin - 7.45% 10.22%
Earnings before Tax (EBT) 1 - 54.62 98
Net income 1 36.03 44.11 78
Net margin - 5.66% 7.89%
EPS 2 0.0900 0.1000 0.1700
Free Cash Flow - - -
FCF margin - - -
FCF Conversion (EBITDA) - - -
FCF Conversion (Net income) - - -
Dividend per Share 2 - 0.0700 0.1300
Announcement Date 2/24/23 2/27/24 -
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024
Net Debt 1 - 78.3 131
Net Cash position 1 - - -
Leverage (Debt/EBITDA) - 1.105 x 1.04 x
Free Cash Flow - - -
ROE (net income / shareholders' equity) - 6.2% 10.3%
ROA (Net income/ Total Assets) - 4.56% 7.86%
Assets 1 - 968.2 992.4
Book Value Per Share 2 - 1.580 2.240
Cash Flow per Share - - -
Capex 1 - 211 51
Capex / Sales - 27.09% 5.16%
Announcement Date 2/24/23 2/27/24 -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
2.14 THB
Average target price
2.6 THB
Spread / Average Target
+21.50%
Consensus

Annual profits - Rate of surprise

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