Financials Sahamitr Pressure Container

Equities

SMPC

TH0273010Z03

Industrial Machinery & Equipment

End-of-day quote Thailand S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
9.5 THB +1.06% Intraday chart for Sahamitr Pressure Container +0.53% -1.55%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 6,694 3,400 5,516 6,373 6,962 5,168
Enterprise Value (EV) 1 7,072 3,376 5,318 6,881 7,303 4,948
P/E ratio 12 x 9.06 x 8.91 x 8.76 x 8.4 x 13.9 x
Yield 5.04% 6.61% 7.77% 6.89% 7.69% 4.35%
Capitalization / Revenue 1.5 x 1.04 x 1.39 x 1.4 x 1.33 x 1.36 x
EV / Revenue 1.59 x 1.04 x 1.34 x 1.51 x 1.39 x 1.3 x
EV / EBITDA 13.6 x 9.32 x 6.85 x 7.48 x 6.55 x 9.27 x
EV / FCF -50.2 x 6.74 x 18.2 x -13.9 x 13.5 x 6.48 x
FCF Yield -1.99% 14.8% 5.5% -7.21% 7.39% 15.4%
Price to Book 3.8 x 1.86 x 2.56 x 2.58 x 2.56 x 1.87 x
Nbr of stocks (in thousands) 535,506 535,506 535,506 535,506 535,506 535,506
Reference price 2 12.50 6.350 10.30 11.90 13.00 9.650
Announcement Date 2/12/19 2/21/20 2/15/21 2/14/22 2/14/23 2/14/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,451 3,256 3,973 4,550 5,248 3,811
EBITDA 1 520.3 362 776.4 920.6 1,116 533.7
EBIT 1 463.4 301.8 712 853.6 1,043 455.1
Operating Margin 10.41% 9.27% 17.92% 18.76% 19.87% 11.94%
Earnings before Tax (EBT) 1 696.2 463.8 765.7 846.9 1,013 460
Net income 1 558.4 375.2 618.7 727.8 828.9 371.2
Net margin 12.55% 11.52% 15.57% 15.99% 15.79% 9.74%
EPS 2 1.046 0.7006 1.155 1.359 1.548 0.6932
Free Cash Flow 1 -141 500.7 292.7 -496 539.7 763.1
FCF margin -3.17% 15.38% 7.37% -10.9% 10.28% 20.02%
FCF Conversion (EBITDA) - 138.32% 37.7% - 48.37% 142.96%
FCF Conversion (Net income) - 133.45% 47.3% - 65.11% 205.55%
Dividend per Share 2 0.6300 0.4200 0.8000 0.8200 1.000 0.4200
Announcement Date 2/12/19 2/21/20 2/15/21 2/14/22 2/14/23 2/14/24
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3
Net sales 1 2,038 - 1,380 1,534 1,396 1,379
EBITDA 443.3 - - 383.3 - -
EBIT 1 411.8 - 282.5 365 306 246.7
Operating Margin 20.21% - 20.46% 23.79% 21.92% 17.9%
Earnings before Tax (EBT) 1 - - 279 361.2 301.2 237.8
Net income 1 328.5 166.9 272.2 289.6 241.6 190.7
Net margin 16.12% - 19.72% 18.87% 17.31% 13.83%
EPS 2 0.6100 0.3100 0.5100 0.5400 0.4500 0.3600
Dividend per Share - - - - - -
Announcement Date 8/10/20 11/10/21 2/14/22 5/11/22 8/10/22 11/9/22
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 378 - - 509 342 -
Net Cash position 1 - 24.9 198 - - 219
Leverage (Debt/EBITDA) 0.7268 x - - 0.5527 x 0.3063 x -
Free Cash Flow 1 -141 501 293 -496 540 763
ROE (net income / shareholders' equity) 33.9% 20.9% 31% 31.5% 32% 13.5%
ROA (Net income/ Total Assets) 11.2% 7.29% 15.6% 14.1% 15.1% 6.99%
Assets 1 4,968 5,150 3,958 5,151 5,472 5,313
Book Value Per Share 2 3.290 3.420 4.030 4.600 5.080 5.160
Cash Flow per Share 2 0.1500 0.0200 0.1100 0.0600 0.1100 0.4300
Capex 1 201 55.5 162 158 136 92.2
Capex / Sales 4.52% 1.7% 4.07% 3.48% 2.59% 2.42%
Announcement Date 2/12/19 2/21/20 2/15/21 2/14/22 2/14/23 2/14/24
1THB in Million2THB
Estimates
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