Financials President Automobile Industries

Equities

PACO

THA219010008

Auto, Truck & Motorcycle Parts

End-of-day quote Thailand S.E. 06:00:00 2024-05-12 pm EDT 5-day change 1st Jan Change
1.69 THB 0.00% Intraday chart for President Automobile Industries +1.20% +3.05%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 2,960 2,680 1,640
Enterprise Value (EV) 1 2,942 2,950 1,758
P/E ratio 26 x 32.5 x 23.4 x
Yield 2.7% - 2.44%
Capitalization / Revenue 4.17 x 2.93 x 1.56 x
EV / Revenue 4.15 x 3.23 x 1.67 x
EV / EBITDA 18.5 x 23.6 x 12.3 x
EV / FCF 85.6 x -10.6 x 12.9 x
FCF Yield 1.17% -9.43% 7.73%
Price to Book 3.28 x 2.87 x 1.63 x
Nbr of stocks (in thousands) 1,000,000 1,000,000 1,000,000
Reference price 2 2.960 2.680 1.640
Announcement Date 2/22/22 2/21/23 2/21/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 664 693.9 682.4 709.1 913.7 1,052
EBITDA 1 93.41 98.75 153.2 158.6 125 142.5
EBIT 1 46.61 51.46 110.8 121.4 85.78 102.1
Operating Margin 7.02% 7.42% 16.23% 17.11% 9.39% 9.7%
Earnings before Tax (EBT) 1 34 36.01 94.6 134.4 82.97 91.44
Net income 1 29.02 30.67 76.86 107.7 82.5 73.2
Net margin 4.37% 4.42% 11.26% 15.19% 9.03% 6.96%
EPS 2 0.0392 0.0414 0.1039 0.1138 0.0825 0.0700
Free Cash Flow 1 -83.12 73.4 144 34.38 -278.3 135.9
FCF margin -12.52% 10.58% 21.09% 4.85% -30.45% 12.92%
FCF Conversion (EBITDA) - 74.32% 93.98% 21.67% - 95.4%
FCF Conversion (Net income) - 239.34% 187.3% 31.92% - 185.69%
Dividend per Share - 0.1200 0.1840 0.0800 - 0.0400
Announcement Date 10/20/20 10/20/20 3/22/21 2/22/22 2/21/23 2/21/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 321 241 360 - 270 118
Net Cash position 1 - - - 17.7 - -
Leverage (Debt/EBITDA) 3.439 x 2.445 x 2.352 x - 2.159 x 0.8284 x
Free Cash Flow 1 -83.1 73.4 144 34.4 -278 136
ROE (net income / shareholders' equity) 5.13% 5.12% 14.2% 15.7% 8.99% 7.54%
ROA (Net income/ Total Assets) 2.96% 3.21% 6.98% 6.99% 4.19% 4.6%
Assets 1 979.8 953.9 1,100 1,541 1,970 1,593
Book Value Per Share 2 0.7800 0.8300 0.6300 0.9000 0.9300 1.010
Cash Flow per Share 2 0.0200 0.0200 0.1400 0.1000 0.1100 0.1200
Capex 1 58.3 28 6.22 57 89.5 17.5
Capex / Sales 8.79% 4.03% 0.91% 8.04% 9.8% 1.66%
Announcement Date 10/20/20 10/20/20 3/22/21 2/22/22 2/21/23 2/21/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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