Financials King Wai Group (Thailand)

Equities

KWI

TH0323010Z06

Multiline Insurance & Brokers

End-of-day quote Thailand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.47 THB -4.08% Intraday chart for King Wai Group (Thailand) -4.08% -7.84%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,423 2,305 1,659 2,239 5,765 1,043
Enterprise Value (EV) 1 5,369 5,783 6,516 6,980 9,252 4,424
P/E ratio 64.7 x -6.08 x -4.73 x -4.05 x -12.2 x -2.07 x
Yield - - - - - -
Capitalization / Revenue 13.3 x 26.3 x 6.78 x 3.1 x 5.59 x 0.75 x
EV / Revenue 29.4 x 66 x 26.6 x 9.65 x 8.97 x 3.16 x
EV / EBITDA -16.6 x -17.9 x -25.9 x -18.1 x -37.6 x -16.9 x
EV / FCF -8.22 x -32 x -17.7 x -32.6 x 26 x 2.6 x
FCF Yield -12.2% -3.12% -5.64% -3.07% 3.85% 38.5%
Price to Book 0.78 x 0.85 x 0.75 x 1.38 x -19 x 0.61 x
Nbr of stocks (in thousands) 1,317,053 1,317,053 1,317,059 1,317,059 2,044,332 2,044,332
Reference price 2 1.840 1.750 1.260 1.700 2.820 0.5100
Announcement Date 2/27/19 3/2/20 2/25/21 2/25/22 2/28/23 3/1/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 182.7 87.66 244.7 723.2 1,032 1,399
EBITDA 1 -323.8 -322.8 -251.3 -386.5 -245.9 -262.1
EBIT 1 -338.2 -352.7 -280.3 -405.5 -267.6 -280.9
Operating Margin -185.06% -402.35% -114.57% -56.07% -25.94% -20.07%
Earnings before Tax (EBT) 1 183.2 -392.4 -367.3 -608.4 -433.3 -467.9
Net income 1 35.26 -378.8 -351.2 -553.2 -444 -504.3
Net margin 19.3% -432.14% -143.54% -76.5% -43.03% -36.04%
EPS 2 0.0284 -0.2876 -0.2666 -0.4200 -0.2321 -0.2467
Free Cash Flow 1 -653 -180.6 -367.5 -214 356.3 1,704
FCF margin -357.37% -206.05% -150.23% -29.6% 34.54% 121.76%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 2/27/19 3/2/20 2/25/21 2/25/22 2/28/23 3/1/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,946 3,478 4,856 4,741 3,487 3,382
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -9.097 x -10.78 x -19.32 x -12.27 x -14.18 x -12.9 x
Free Cash Flow 1 -653 -181 -368 -214 356 1,704
ROE (net income / shareholders' equity) 2.65% -13.7% -14.8% -27.6% -62.9% -24.2%
ROA (Net income/ Total Assets) -3.27% -2.75% -2.15% -2.48% -1.41% -1.49%
Assets 1 -1,077 13,763 16,332 22,331 31,522 33,958
Book Value Per Share 2 2.350 2.070 1.680 1.230 -0.1500 0.8400
Cash Flow per Share 2 0.4600 0.1700 0.1700 0.2500 0.2300 0.2900
Capex 1 23.6 28.1 2.83 28.5 22.6 15.8
Capex / Sales 12.94% 32.07% 1.16% 3.94% 2.19% 1.13%
Announcement Date 2/27/19 3/2/20 2/25/21 2/25/22 2/28/23 3/1/24
1THB in Million2THB
Estimates
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