Financials Krung Thai Bank Thailand S.E.

Equities

KTB-R

TH0150010R11

Banks

End-of-day quote Thailand S.E. 06:00:00 2024-06-13 pm EDT 5-day change 1st Jan Change
17.7 THB +1.14% Intraday chart for Krung Thai Bank 0.00% -3.80%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 229,207 155,134 184,484 247,376 257,160 247,376 - -
Enterprise Value (EV) 1 229,207 155,134 184,484 247,376 257,160 247,376 247,376 247,376
P/E ratio 7.85 x 9.25 x 8.57 x 7.34 x 7.02 x 6.34 x 6.11 x 5.81 x
Yield 4.59% 2.48% 3.17% 3.85% 4.72% 5.37% 5.64% 5.84%
Capitalization / Revenue 1.82 x 1.27 x 1.59 x 1.97 x 1.72 x 1.6 x 1.58 x 1.54 x
EV / Revenue 1.82 x 1.27 x 1.59 x 1.97 x 1.72 x 1.6 x 1.58 x 1.54 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.68 x 0.45 x 0.51 x 0.66 x 0.64 x 0.58 x 0.54 x 0.5 x
Nbr of stocks (in thousands) 13,976,061 13,976,061 13,976,061 13,976,061 13,976,061 13,976,061 - -
Reference price 2 16.40 11.10 13.20 17.70 18.40 17.70 17.70 17.70
Announcement Date 1/21/20 1/21/21 1/21/22 1/20/23 1/19/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 125,658 122,247 115,786 125,391 149,465 154,715 156,287 160,331
EBITDA - - - - - - - -
EBIT 1 63,184 68,783 63,055 70,620 87,309 87,441 87,517 89,007
Operating Margin 50.28% 56.27% 54.46% 56.32% 58.41% 56.52% 56% 55.51%
Earnings before Tax (EBT) 1 39,370 23,880 30,531 46,283 50,223 52,318 55,662 57,600
Net income 1 29,284 16,732 21,588 33,698 36,616 39,565 41,058 42,850
Net margin 23.3% 13.69% 18.65% 26.87% 24.5% 25.57% 26.27% 26.73%
EPS 2 2.090 1.200 1.540 2.410 2.620 2.792 2.898 3.046
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.7530 0.2750 0.4180 0.6820 0.8680 0.9502 0.9987 1.034
Announcement Date 1/21/20 1/21/21 1/21/22 1/20/23 1/19/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 29,929 29,685 29,464 - 31,589 - 35,272 35,715 70,987 38,888 39,590 40,703 39,002 38,820 38,844 39,722 -
EBITDA - - - - - - - - - - - - - - - - -
EBIT 1 15,214 17,441 16,947 34,389 17,276 18,956 21,622 21,686 - 22,155 21,845 22,972 21,404 - - - -
Operating Margin 50.84% 58.75% 57.52% - 54.69% - 61.3% 60.72% - 56.97% 55.18% 56.44% 54.88% - - - -
Earnings before Tax (EBT) 6,982 11,971 11,279 - 11,609 11,424 13,518 13,932 - 13,998 8,775 14,943 - - - - -
Net income 1 4,944 8,780 8,358 17,139 8,450 8,109 10,067 10,156 20,223 10,282 6,111 11,078 9,705 - - - -
Net margin 16.52% 29.58% 28.37% - 26.75% - 28.54% 28.44% 28.49% 26.44% 15.44% 27.22% 24.88% - - - -
EPS 2 0.3500 0.6300 0.6000 1.230 0.6000 0.5800 0.7200 0.7300 1.450 0.7400 0.4400 0.7900 0.7927 0.7232 0.6364 - -
Dividend per Share 2 - - - - - 0.6820 - - - - 0.8680 - - - 1.118 - -
Announcement Date 1/21/22 4/21/22 7/21/22 7/21/22 10/21/22 1/20/23 4/19/23 7/21/23 7/21/23 10/19/23 1/19/24 4/19/24 - - - - -
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 9.09% 4.91% 6.14% 9.15% 9.4% 9.45% 9.29% 8.99%
ROA (Net income/ Total Assets) 1.02% 0.53% 0.63% 0.93% 1.01% 1.11% 1.11% 1.13%
Assets 1 2,875,777 3,170,002 3,442,285 3,609,247 3,635,055 3,567,930 3,703,025 3,803,003
Book Value Per Share 2 24.20 24.60 25.80 26.90 28.80 30.70 32.60 35.20
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/21/20 1/21/21 1/21/22 1/20/23 1/19/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
17.7 THB
Average target price
19.82 THB
Spread / Average Target
+11.95%
Consensus