Company Valuation: IRPC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 78,377 61,640 41,229 25,105 20,206 57,558 - -
Change - -21.35% -33.11% -39.11% -19.51% 184.85% - -
Enterprise Value (EV) 1 128,474 130,299 106,315 87,187 61,247 96,017 87,210 80,573
Change - 1.42% -18.41% -17.99% -29.75% 56.77% -9.17% -7.61%
P/E 5.41x -14.4x -14.4x -4.92x -5.82x 5x 17.4x 16.5x
PBR 0.9x 0.77x 0.54x 0.36x 0.31x 0.75x 0.74x 0.72x
PEG - 0x 0.4x -0.1x 0.2x -0x -0.2x 3.2x
Capitalization / Revenue 0.31x 0.19x 0.13x 0.08x 0.07x 0.18x 0.2x 0.2x
EV / Revenue 0.5x 0.4x 0.33x 0.28x 0.22x 0.3x 0.3x 0.28x
EV / EBITDA 4.45x 12.1x 19.6x 31.4x 9.87x 3.59x 6.22x 6.06x
EV / EBIT 7x 48.8x -32.9x -13.7x -19x 5.91x 18.7x 18.1x
EV / FCF 15.3x -10.4x 15.7x 14.5x 2.7x 4.12x 7.98x 9.03x
FCF Yield 6.55% -9.62% 6.36% 6.89% 37% 24.3% 12.5% 11.1%
Dividend per Share 2 0.22 0.07 0.03 0.03 0.01 0.0433 0.0315 0.0313
Rate of return 5.73% 2.32% 1.49% 2.44% 1.01% 1.54% 1.12% 1.11%
EPS 2 0.71 -0.21 -0.14 -0.25 -0.17 0.5641 0.1621 0.1704
Distribution rate 31% -33.3% -21.4% -12% -5.88% 7.68% 19.4% 18.4%
Net sales 1 255,115 324,800 319,047 314,833 279,572 315,631 287,308 283,084
EBITDA 1 28,877 10,727 5,437 2,773 6,204 26,744 14,024 13,294
EBIT 1 18,348 2,668 -3,229 -6,366 -3,221 16,247 4,671 4,443
Net income 1 14,505 -4,364 -2,923 -5,193 -3,571 11,575 3,231 3,204
Net Debt 1 50,097 68,659 65,086 62,082 41,041 38,459 29,652 23,015
Reference price 2 3.840 3.020 2.020 1.230 0.990 2.820 2.820 2.820
Nbr of stocks (in thousands) 20,410,591 20,410,591 20,410,591 20,410,591 20,410,591 20,410,591 - -
Announcement Date 2/8/22 2/7/23 2/13/24 2/10/25 2/17/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5x0.3x3.59x1.54% 1.75B
6.65x0.66x3.67x5.17% 49.41B
6.08x0.55x4.48x1.95% 18.74B
9.83x0.48x4.92x13.3% 15.45B
8.98x0.33x8.85x2.72% 11.29B
6.87x0.57x4.71x6.64% 7.97B
6.34x0.52x3.73x4.4% 5.65B
-21.56x1.32x9.73x-.--% 4.67B
8.72x0.45x3.53x1.4% 4.4B
Average 4.10x 0.58x 5.25x 4.12% 13.26B
Weighted average by Cap. 6.14x 0.59x 4.75x 5.15%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield