Financials Goodyear (Thailand)

Equities

GYT

TH0034010Z09

Tires & Rubber Products

End-of-day quote Thailand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
187 THB 0.00% Intraday chart for Goodyear (Thailand) +3.31% +2.75%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,723 2,176 1,769 1,328 1,362 1,347
Enterprise Value (EV) 1 3,377 3,116 2,763 2,983 3,184 2,867
P/E ratio 80.6 x -35.9 x -10.1 x -38.7 x 48.1 x 20.3 x
Yield 1.36% - - - - 3.85%
Capitalization / Revenue 0.71 x 0.56 x 0.51 x 0.32 x 0.24 x 0.22 x
EV / Revenue 0.88 x 0.8 x 0.8 x 0.73 x 0.57 x 0.46 x
EV / EBITDA 10.8 x 12.3 x 14.2 x 8.94 x 6.89 x 5.37 x
EV / FCF -3.35 x -6.16 x 17.5 x -4.88 x -23.7 x 57.9 x
FCF Yield -29.8% -16.2% 5.7% -20.5% -4.22% 1.73%
Price to Book 0.71 x 0.58 x 0.5 x 0.38 x 0.38 x 0.37 x
Nbr of stocks (in thousands) 7,400 7,400 7,400 7,400 7,400 7,400
Reference price 2 368.0 294.0 239.0 179.5 184.0 182.0
Announcement Date 2/22/19 2/25/20 3/1/21 2/24/22 2/24/23 2/22/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,859 3,892 3,445 4,092 5,619 6,246
EBITDA 1 311.4 253 195.2 333.7 462.4 533.5
EBIT 1 45.26 -57.36 -145.7 -19.28 62.41 141.5
Operating Margin 1.17% -1.47% -4.23% -0.47% 1.11% 2.27%
Earnings before Tax (EBT) 1 46.83 -77.17 -180.1 -38.27 16.23 68.06
Net income 1 33.8 -60.6 -175.9 -32.5 26.76 66.42
Net margin 0.88% -1.56% -5.1% -0.79% 0.48% 1.06%
EPS 2 4.568 -8.189 -23.77 -4.643 3.822 8.975
Free Cash Flow 1 -1,008 -505.6 157.6 -611.5 -134.3 49.53
FCF margin -26.12% -12.99% 4.57% -14.95% -2.39% 0.79%
FCF Conversion (EBITDA) - - 80.74% - - 9.28%
FCF Conversion (Net income) - - - - - 74.58%
Dividend per Share 2 5.000 - - - - 7.000
Announcement Date 2/22/19 2/25/20 3/1/21 2/24/22 2/24/23 2/22/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 654 940 995 1,655 1,823 1,520
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.099 x 3.717 x 5.096 x 4.958 x 3.941 x 2.849 x
Free Cash Flow 1 -1,008 -506 158 -612 -134 49.5
ROE (net income / shareholders' equity) 0.86% -1.6% -4.83% -0.92% 0.75% 1.84%
ROA (Net income/ Total Assets) 0.48% -0.58% -1.41% -0.17% 0.49% 1.08%
Assets 1 7,051 10,502 12,483 19,128 5,460 6,149
Book Value Per Share 2 522.0 505.0 479.0 477.0 482.0 491.0
Cash Flow per Share 2 26.90 47.80 87.70 44.10 82.10 19.70
Capex 1 1,007 577 595 991 799 1,001
Capex / Sales 26.09% 14.83% 17.28% 24.23% 14.23% 16.03%
Announcement Date 2/22/19 2/25/20 3/1/21 2/24/22 2/24/23 2/22/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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