Company Valuation: Master Style

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 15,312 13,652 2,248 2,444 - -
Change - -10.84% -83.54% 8.72% - -
Enterprise Value (EV) 1 13,866 13,760 2,426 2,592 2,753 2,444
Change - -0.76% -82.37% 6.88% 6.2% -11.24%
P/E 36.5x 26.2x 11.3x 11.5x 9.18x 8.71x
PBR 5.12x 3.89x 0.65x 0.69x 0.67x -
PEG -30.77x 1.1x -0.2x 1.69x 0.4x 1.63x
Capitalization / Revenue 7.99x 6.39x 1.19x 1.28x 1.22x 1.15x
EV / Revenue 7.23x 6.44x 1.29x 1.36x 1.37x 1.15x
EV / EBITDA 23.6x 19.5x 6.21x 6.02x 5.73x 5.1x
EV / EBIT 26.4x 23.8x 10.4x 10.4x 8.59x -
EV / FCF -49.1x 257x 9.54x 13.8x 7.28x -
FCF Yield -2.04% 0.39% 10.5% 7.25% 13.7% -
Dividend per Share 2 0.3588 0.16 0.4 0.405 0.5212 0.56
Rate of return 0.71% 0.35% 5.37% 5% 6.44% 6.91%
EPS 2 1.391 1.73 0.66 0.705 0.8828 0.93
Distribution rate 25.8% 9.25% 60.6% 57.4% 59% 60.2%
Net sales 1 1,917 2,135 1,885 1,909 2,003 2,128
EBITDA 1 586.4 704.6 390.7 431 480.9 479
EBIT 1 524.8 577.4 233.8 249 320.5 -
Net income 1 416.3 522.4 198 211.5 266.4 280
Net Debt 1 -1,446 108 177.8 148.6 309.4 -
Reference price 2 50.750 45.250 7.450 8.100 8.100 8.100
Nbr of stocks (in thousands) 301,714 301,712 301,712 301,712 - -
Announcement Date 2/22/24 2/26/25 2/26/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.49x1.36x6.02x5% 72.49M
13.14x0.4x8.38x2.94% 116B
15.8x1.95x9.7x0.65% 104B
-303.77x21.22x-358.78x-.--% 62.85B
27.2x2.37x13.44x0.79% 29.89B
14.24x1.55x9.39x2.48% 29.55B
24.5x2.72x13.79x1.31% 27.83B
8.22x1.46x6.64x-.--% 21.79B
30.62x5.47x22.33x2.28% 20.66B
30.69x2.86x12.88x1.46% 17.09B
Average -12.79x 4.14x -25.62x 1.69% 42.88B
Weighted average by Cap. -29.58x 4.59x -43.58x 1.43%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Master Style

Historical PBR trend

Valuation ratios - PBR - Master Style

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Master Style

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Master Style


Year-on-year evolution of the Yield

Valuation ratios - Yield - Master Style
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