Financials GFPT

Equities

GFPT

TH0297010Z02

Food Processing

End-of-day quote Thailand S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
12.6 THB 0.00% Intraday chart for GFPT +7.69% +9.57%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 15,422 17,804 16,049 16,049 14,419 15,798 - -
Enterprise Value (EV) 1 17,759 20,393 19,417 19,402 14,419 18,026 17,325 15,798
P/E ratio 12.9 x 13.1 x 75.3 x 7.85 x 10.5 x 10.8 x 9.74 x 9.43 x
Yield 1.63% 1.41% 0.78% - - 2.06% 2.03% 4.13%
Capitalization / Revenue 0.91 x 1.23 x 1.16 x 0.88 x 0.76 x 0.81 x 0.75 x 0.72 x
EV / Revenue 1.05 x 1.41 x 1.41 x 1.06 x 0.76 x 0.92 x 0.82 x 0.72 x
EV / EBITDA 7.61 x 9.65 x 20 x 7.37 x 6.47 x 6.43 x 5.91 x 5.31 x
EV / FCF 171 x 42.3 x -24.2 x 54.2 x - 18.5 x 14.6 x 9.04 x
FCF Yield 0.58% 2.36% -4.13% 1.84% - 5.41% 6.87% 11.1%
Price to Book 1.14 x 1.22 x 1.1 x 0.97 x - 0.84 x 0.79 x 0.75 x
Nbr of stocks (in thousands) 1,253,821 1,253,821 1,253,821 1,253,821 1,253,821 1,253,821 - -
Reference price 2 12.30 14.20 12.80 12.80 11.50 12.60 12.60 12.60
Announcement Date 2/25/20 2/23/21 2/22/22 2/21/23 2/20/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 16,864 14,471 13,781 18,222 18,963 19,620 21,105 21,986
EBITDA 1 2,333 2,113 968.8 2,631 2,229 2,801 2,931 2,975
EBIT 1 1,014 786.1 -265 1,309 717.9 970 1,106 1,158
Operating Margin 6.01% 5.43% -1.92% 7.18% 3.79% 4.94% 5.24% 5.27%
Earnings before Tax (EBT) 1 1,461 1,561 232.6 2,256 1,575 1,657 1,810 1,802
Net income 1 1,195 1,352 209.3 2,044 1,377 1,467 1,614 1,669
Net margin 7.09% 9.34% 1.52% 11.22% 7.26% 7.48% 7.65% 7.59%
EPS 2 0.9500 1.080 0.1700 1.630 1.100 1.167 1.293 1.337
Free Cash Flow 1 103.9 481.7 -801.9 357.9 - 974.8 1,190 1,747
FCF margin 0.62% 3.33% -5.82% 1.96% - 4.97% 5.64% 7.95%
FCF Conversion (EBITDA) 4.45% 22.8% - 13.6% - 34.8% 40.62% 58.73%
FCF Conversion (Net income) 8.69% 35.64% - 17.51% - 66.43% 73.73% 104.68%
Dividend per Share 2 0.2000 0.2000 0.1000 - - 0.2601 0.2562 0.5200
Announcement Date 2/25/20 2/23/21 2/22/22 2/21/23 2/20/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 1 7,003 7,004 3,264 3,512 4,009 4,219 8,227 5,051 4,944 4,542 4,853 9,395 4,771 4,797 4,576 -
EBITDA 1 1,187 649.6 123.6 194.7 504.8 646.8 1,152 870.3 608.5 459.4 575.4 1,035 595.1 598.9 864 -
EBIT 1 529.1 19.25 -177 -108.1 183.6 311.2 - 534 279.8 106.4 194.3 - 199.4 218 334.5 -
Operating Margin 7.56% 0.27% -5.42% -3.08% 4.58% 7.38% - 10.57% 5.66% 2.34% 4% - 4.18% 4.54% 7.31% -
Earnings before Tax (EBT) 1 - 282.6 -104.2 54.29 493.4 500.6 994 749.9 512.1 332.4 393.1 725.5 374 475.9 450 -
Net income 1 547.6 242.4 -87.29 54.2 455.7 453.7 909.4 683.4 451.7 298.2 348.9 647.1 319 410.4 357.5 380
Net margin 7.82% 3.46% -2.67% 1.54% 11.37% 10.75% 11.05% 13.53% 9.14% 6.57% 7.19% 6.89% 6.69% 8.56% 7.81% -
EPS 2 0.4400 0.2000 -0.0700 0.0500 0.3600 0.3700 0.7300 0.5500 0.3600 0.2400 0.2800 0.5200 0.2500 0.3300 0.3100 -
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 8/11/20 8/10/21 11/11/21 2/22/22 5/12/22 8/11/22 8/11/22 11/10/22 2/21/23 5/11/23 8/10/23 8/10/23 11/9/23 2/20/24 - -
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,337 2,589 3,368 3,353 - 2,228 1,527 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.002 x 1.225 x 3.476 x 1.274 x - 0.7954 x 0.5211 x -
Free Cash Flow 1 104 482 -802 358 - 975 1,190 1,747
ROE (net income / shareholders' equity) 9.17% 9.63% 1.44% 13.2% - 8.03% 8.2% 8.1%
ROA (Net income/ Total Assets) 6.47% 6.89% 1.01% 9.16% - 5.84% 6.4% 6.37%
Assets 1 18,475 19,615 20,818 22,319 - 25,128 25,220 26,215
Book Value Per Share 2 10.80 11.60 11.60 13.10 - 15.00 16.00 16.90
Cash Flow per Share 2 1.610 - - - - 2.050 2.200 2.310
Capex 1 1,910 2,214 1,843 1,858 - 1,304 1,253 1,372
Capex / Sales 11.33% 15.3% 13.37% 10.2% - 6.65% 5.94% 6.24%
Announcement Date 2/25/20 2/23/21 2/22/22 2/21/23 2/20/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
12.6 THB
Average target price
13.83 THB
Spread / Average Target
+9.79%
Consensus