Financials Home Product Center

Equities

HMPRO

TH0661010007

Home Improvement Products & Services Retailers

End-of-day quote Thailand S.E. Other stock markets 2025-01-14			5-day change	1st Jan Change
8.450 ^THB	-3.98%		-12.89%	-10.11%

Oct. 29	Home Product Center Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	CI
Jul. 30	Home Product Center Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI

Projected Income Statement: Home Product Center

income-statement-evolution-chart HOME-PRODUCT-CENTER

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	63,046	58,347	60,568	65,091	68,283	70,788	75,367	79,397
Change	-	-7.45%	3.81%	7.47%	4.9%	3.67%	6.47%	5.35%
EBITDA ¹	10,951	9,814	10,251	11,244	11,946	11,985	12,876	13,562
Change	-	-10.38%	4.45%	9.69%	6.25%	0.32%	7.43%	5.33%
EBIT ¹	8,009	6,632	7,043	8,088	8,515	8,837	9,526	10,220
Change	-	-17.19%	6.19%	14.84%	5.28%	3.79%	7.79%	7.28%
Interest Paid ¹	-405.5	-458.8	-415.6	-444.6	-567.5	-635.1	-627.8	-632.1
Earnings before Tax (EBT) ¹	7,604	6,190	6,634	7,658	7,974	8,141	8,786	9,399
Change	-	-18.59%	7.18%	15.43%	4.13%	2.09%	7.92%	6.98%
Net income ¹	6,177	5,155	5,441	6,217	6,442	6,588	7,091	7,588
Change	-	-16.54%	5.54%	14.27%	3.61%	2.27%	7.63%	7.02%
Announcement Date	2/26/20	2/24/21	2/23/22	2/21/23	2/27/24	-	-	-

¹THB in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales	16,000	14,546	13,824	15,064	14,913	15,052	16,154	13,170	16,191	15,761	16,319	16,941	16,070	17,223	17,789	17,491	16,881	17,664	17,398	17,013	-
Change	-	-9.09%	-4.96%	8.97%	-1.01%	0.94%	7.32%	-18.47%	22.94%	-2.66%	3.54%	3.82%	-5.15%	7.18%	3.28%	-1.68%	-3.49%	4.64%	-1.5%	-2.22%	-100%
EBITDA	-	2,481	2,075	2,588	2,670	2,598	2,640	1,999	3,015	2,756	2,758	2,774	2,955	2,954	2,995	2,915	3,082	3,154	3,027	2,832	-
Change	-	-	-16.37%	24.76%	3.15%	-2.7%	1.6%	-24.26%	50.82%	-8.59%	0.08%	0.56%	6.55%	-0.05%	1.38%	-2.65%	5.74%	2.31%	-4.04%	-6.42%	-100%
EBIT	2,236	1,667	1,272	1,812	1,881	1,797	1,843	1,189	2,213	1,983	1,979	1,989	2,137	2,135	2,127	2,043	2,209	2,289	2,161	1,947	-
Change	-	-25.45%	-23.69%	42.4%	3.85%	-4.46%	2.54%	-35.49%	86.15%	-10.39%	-0.21%	0.49%	7.47%	-0.09%	-0.39%	-3.93%	8.12%	3.62%	-5.59%	-9.91%	-100%
Charge d'intérêts	-89.95	-115.1	-126	-110	-107.7	-106.8	-101.8	-107.7	-99.38	-93.65	-98.53	-122.8	-129.6	-133.4	-129.9	-138.4	-165.8	-157.9	-161.7	-179.8	-
Earnings before Tax (EBT)	2,146	1,552	1,146	1,702	1,790	1,694	1,743	1,082	2,115	1,891	1,882	1,870	2,015	2,004	2,008	1,904	2,058	2,140	2,022	1,773	-
Change	-	-27.69%	-26.15%	48.45%	5.2%	-5.39%	2.93%	-37.9%	95.42%	-10.59%	-0.49%	-0.65%	7.74%	-0.54%	0.23%	-5.18%	8.06%	3.97%	-5.47%	-12.32%	-100%
Net income ¹	1,748	1,267	942.7	1,401	1,545	1,362	1,433	870.4	1,775	1,511	1,522	1,533	1,651	1,611	1,620	1,533	1,677	1,713	1,622	1,442	1,825
Change	-	-27.54%	-25.57%	48.57%	10.32%	-11.81%	5.15%	-39.24%	103.93%	-14.88%	0.74%	0.73%	7.65%	-2.39%	0.54%	-5.35%	9.41%	2.11%	-5.32%	-11.08%	26.59%
Announcement Date	2/26/20	4/28/20	7/29/20	10/27/20	2/24/21	4/27/21	7/26/21	10/25/21	2/23/22	4/25/22	7/26/22	10/25/22	2/21/23	4/25/23	7/25/23	10/31/23	2/27/24	4/30/24	7/30/24	10/29/24	-

¹THB in Million

Estimates

Fiscal Period: December	2021 S1	2022 S1	2023 S1	2024 S1
Net sales ¹	-	32,080	35,012	35,062
Change	-	-	9.14%	0.14%
EBITDA ¹	-	5,514	5,948	6,180
Change	-	-	7.87%	3.9%
EBIT	-	3,962	4,262	-
Change	-	-	7.57%	-100%
Charge d'intérêts ¹	-	-192.2	-263.2	-319.6
Earnings before Tax (EBT)	-	3,774	4,012	-
Change	-	-	6.32%	-100%
Net income ¹	2,795	3,031	3,231	3,335
Change	-	8.44%	6.6%	3.2%
Announcement Date	7/26/21	7/26/22	7/25/23	7/30/24

¹THB in Million

Estimates

Forecast Balance Sheet: Home Product Center

balance-sheet-analysis-chart HOME-PRODUCT-CENTER

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	10,528	10,097	13,924	15,913	18,163	18,004	17,015	16,718
Change	-	-4.09%	37.9%	14.28%	14.14%	-0.88%	-5.49%	-1.75%
Announcement Date	2/26/20	2/24/21	2/23/22	2/21/23	2/27/24	-	-	-

¹THB in Million

Estimates

Cash Flow Forecast: Home Product Center

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	2,671	2,044	1,618	5,596	5,247	5,826	5,337	5,332
Change	-	-23.48%	-20.84%	245.89%	-6.23%	11.03%	-8.39%	-0.09%
Free Cash Flow (FCF) ¹	5,705	6,319	6,208	4,443	4,548	6,017	6,634	7,113
Change	-	10.77%	-1.77%	-28.43%	2.37%	32.31%	10.25%	7.22%
Announcement Date	2/26/20	2/24/21	2/23/22	2/21/23	2/27/24	-	-	-

¹THB in Million

Estimates

Forecast Financial Ratios: Home Product Center

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	17.37%	16.82%	16.92%	17.27%	17.49%	16.93%	17.08%	17.08%
EBIT Margin (%)	12.7%	11.37%	11.63%	12.43%	12.47%	12.48%	12.64%	12.87%
EBT Margin (%)	12.06%	10.61%	10.95%	11.77%	11.68%	11.5%	11.66%	11.84%
Net margin (%)	9.8%	8.83%	8.98%	9.55%	9.43%	9.31%	9.41%	9.56%
FCF margin (%)	9.05%	10.83%	10.25%	6.83%	6.66%	8.5%	8.8%	8.96%
FCF / Net Income (%)	92.36%	122.59%	114.1%	71.46%	70.6%	91.34%	93.56%	93.73%
Profitability
ROA	11.56%	9.53%	9.49%	10.05%	9.6%	9.6%	10.03%	10.39%
ROE	30.09%	24.14%	24.48%	26.38%	25.87%	24.68%	25.65%	25.95%
Financial Health
Leverage (Debt/EBITDA)	0.96x	1.03x	1.36x	1.42x	1.52x	1.5x	1.32x	1.23x
Debt / Free cash flow	1.85x	1.6x	2.24x	3.58x	3.99x	2.99x	2.56x	2.35x
Capital Intensity
CAPEX / Current Assets (%)	4.24%	3.5%	2.67%	8.6%	7.68%	8.23%	7.08%	6.72%
CAPEX / EBITDA (%)	24.39%	20.82%	15.78%	49.77%	43.92%	48.61%	41.45%	39.31%
CAPEX / FCF (%)	46.82%	32.34%	26.06%	125.95%	115.37%	96.82%	80.45%	74.96%
Items per share
Cash flow per share ¹	0.6369	0.6359	0.595	0.7567	0.7446	0.8413	0.8822	0.957
Change	-	-0.16%	-6.43%	27.18%	-1.6%	12.98%	4.87%	8.48%
Dividend per Share ¹	0.38	0.3	0.32	0.38	0.4	0.4009	0.4296	0.4653
Change	-	-21.05%	6.67%	18.75%	5.26%	0.23%	7.15%	8.32%
Book Value Per Share ¹	1.607	1.64	1.741	1.844	1.943	2.06	2.189	2.322
Change	-	2.02%	6.15%	5.92%	5.41%	6%	6.27%	6.07%
EPS ¹	0.47	0.39	0.41	0.47	0.49	0.5017	0.5404	0.578
Change	-	-17.02%	5.13%	14.63%	4.26%	2.39%	7.72%	6.94%
Nbr of stocks (in thousands)	13,151,198	13,151,198	13,151,198	13,151,198	13,151,198	13,151,198	13,151,198	13,151,198
Announcement Date	2/26/20	2/24/21	2/23/22	2/21/23	2/27/24	-	-	-