JWD INFOLOGISTICS |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14.7 THB | -.--% |
|
-4.55% | -4.55% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 8,109 | 8,517 | 22,440 | 21,216 | 27,890 | 26,441 | - | - |
| Enterprise Value (EV) 1 | 10,844 | 13,049 | 28,395 | 26,694 | 27,890 | 35,117 | 26,441 | 26,441 |
| P/E ratio | 22.1 x | 29.8 x | 39.3 x | 42.4 x | 35 x | 22.4 x | 19 x | 17.2 x |
| Yield | 3.14% | 2.63% | 1.14% | 3.75% | - | 2.12% | 2.6% | 3.22% |
| Capitalization / Revenue | 2.28 x | 2.17 x | 4.4 x | 3.59 x | 1.16 x | 1.02 x | 0.94 x | 0.89 x |
| EV / Revenue | 3.04 x | 3.33 x | 5.57 x | 4.52 x | 1.16 x | 1.36 x | 0.94 x | 0.89 x |
| EV / EBITDA | 16.9 x | 12.5 x | 25.5 x | 21.5 x | 10.7 x | 9.93 x | 6.94 x | 6.47 x |
| EV / FCF | -59.2 x | 27.3 x | -35.8 x | 189 x | - | 22.5 x | 12.9 x | 12.9 x |
| FCF Yield | -1.69% | 3.66% | -2.79% | 0.53% | - | 4.45% | 7.76% | 7.78% |
| Price to Book | 2.57 x | 2.73 x | 5.64 x | 6.18 x | - | 1.14 x | 1.13 x | 1.1 x |
| Nbr of stocks (in thousands) | 1,020,000 | 1,020,000 | 1,020,000 | 1,020,000 | 1,811,020 | 1,811,020 | - | - |
| Reference price 2 | 7.950 | 8.350 | 22.00 | 20.80 | 15.40 | 14.60 | 14.60 | 14.60 |
| Announcement Date | 3/2/20 | 2/25/21 | 2/27/22 | 2/28/23 | 2/29/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,562 | 3,922 | 5,101 | 5,902 | 23,979 | 25,834 | 28,064 | 29,736 |
| EBITDA 1 | 640.6 | 1,044 | 1,112 | 1,242 | 2,617 | 3,537 | 3,807 | 4,089 |
| EBIT 1 | 298.3 | 380.8 | 405.8 | 444.3 | 1,024 | 1,487 | 1,742 | 1,912 |
| Operating Margin | 8.38% | 9.71% | 7.96% | 7.53% | 4.27% | 5.75% | 6.21% | 6.43% |
| Earnings before Tax (EBT) 1 | 399.2 | 306.8 | 601.2 | 566.9 | 977.5 | 1,322 | 1,453 | 1,669 |
| Net income 1 | 362.8 | 290 | 556.6 | 504.3 | 761.3 | 1,178 | 1,389 | 1,537 |
| Net margin | 10.18% | 7.39% | 10.91% | 8.54% | 3.17% | 4.56% | 4.95% | 5.17% |
| EPS 2 | 0.3600 | 0.2800 | 0.5600 | 0.4900 | 0.4400 | 0.6525 | 0.7667 | 0.8467 |
| Free Cash Flow 1 | -183.3 | 477.8 | -792.2 | 141.2 | - | 1,562 | 2,053 | 2,058 |
| FCF margin | -5.15% | 12.18% | -15.53% | 2.39% | - | 6.05% | 7.32% | 6.92% |
| FCF Conversion (EBITDA) | - | 45.77% | - | 11.37% | - | 44.17% | 53.92% | 50.31% |
| FCF Conversion (Net income) | - | 164.79% | - | 28% | - | 132.6% | 147.83% | 133.89% |
| Dividend per Share 2 | 0.2500 | 0.2200 | 0.2500 | 0.7800 | - | 0.3100 | 0.3800 | 0.4700 |
| Announcement Date | 3/2/20 | 2/25/21 | 2/27/22 | 2/28/23 | 2/29/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,388 | 1,440 | 1,410 | 1,373 | 1,599 | 1,580 | 4,885 | 6,131 | 6,475 | 6,378 | 6,163 |
| EBITDA 1 | 329.5 | 210.2 | - | 444.8 | 363 | 313.5 | 511.4 | 769.1 | 440 | 970.9 | 835 |
| EBIT 1 | 133.5 | 37.25 | - | 238.3 | 141.8 | 130.1 | 201.8 | 310 | 243.2 | 343 | 349.4 |
| Operating Margin | 9.62% | 2.59% | - | 17.35% | 8.87% | 8.23% | 4.13% | 5.06% | 3.76% | 5.38% | 5.67% |
| Earnings before Tax (EBT) 1 | 151.5 | 229.3 | - | - | 127.6 | 123 | 245.2 | 192.8 | 208.2 | 499.9 | 273.6 |
| Net income 1 | 139.1 | 161.2 | - | 154.1 | 111.7 | 112.8 | 231.2 | 129.3 | 139.8 | 261 | 216.9 |
| Net margin | 10.02% | 11.19% | - | 11.22% | 6.99% | 7.14% | 4.73% | 2.11% | 2.16% | 4.09% | 3.52% |
| EPS 2 | 0.1400 | - | - | 0.1500 | 0.1100 | - | 0.1623 | 0.0800 | 0.0800 | 0.1400 | 0.1233 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/10/21 | 2/27/22 | 5/18/22 | 8/10/22 | 11/10/22 | 2/28/23 | 5/15/23 | 8/14/23 | 11/13/23 | 2/29/24 | - |
1THB in Million2THB
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,735 | 4,532 | 5,955 | 5,478 | - | 8,676 | - | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.27 x | 4.341 x | 5.354 x | 4.41 x | - | 2.453 x | - | - |
| Free Cash Flow 1 | -183 | 478 | -792 | 141 | - | 1,562 | 2,053 | 2,058 |
| ROE (net income / shareholders' equity) | 11.8% | 9.25% | 16.7% | 14.7% | - | 5.08% | 5.93% | 6.43% |
| ROA (Net income/ Total Assets) | 5.13% | 3.35% | 5.18% | 3.93% | - | 3.43% | 3.83% | 4.2% |
| Assets 1 | 7,074 | 8,646 | 10,748 | 12,823 | - | 34,401 | 36,226 | 36,587 |
| Book Value Per Share 2 | 3.090 | 3.060 | 3.900 | 3.370 | - | 12.80 | 12.90 | 13.30 |
| Cash Flow per Share 2 | 0.4400 | 1.160 | 1.050 | 1.040 | - | 1.710 | 1.920 | 2.010 |
| Capex 1 | 635 | 771 | 787 | 923 | - | 1,250 | 1,400 | 1,580 |
| Capex / Sales | 17.84% | 19.65% | 15.43% | 15.63% | - | 4.84% | 4.99% | 5.31% |
| Announcement Date | 3/2/20 | 2/25/21 | 2/27/22 | 2/28/23 | 2/29/24 | - | - | - |
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
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
14.6
THB
Average target price
19.41
THB
Spread / Average Target
+32.92%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.55% | 716M | |
| -15.53% | 31.76B | |
| -16.98% | 29.37B | |
| -1.52% | 6.34B | |
| -4.96% | 5.05B | |
| +0.04% | 4.58B | |
| +4.62% | 4.07B | |
| +5.23% | 3.63B | |
| +60.78% | 2.45B | |
| +0.86% | 2.35B |
- Stock Market
- Equities
- SJWD Stock
- Financials JWD InfoLogistics
