Financials Scan Inter

Equities

SCN

TH6285010000

Natural Gas Utilities

End-of-day quote Thailand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.96 THB -2.04% Intraday chart for Scan Inter +5.49% -43.53%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,016 2,592 2,052 2,496 2,544 2,040
Enterprise Value (EV) 1 7,816 4,298 4,612 5,068 4,761 4,584
P/E ratio 28 x 13.2 x 47.3 x 36.6 x 7.42 x 12.2 x
Yield 2.39% 4.63% 2.49% 2.64% 2.59% 0.73%
Capitalization / Revenue 1.61 x 0.87 x 1.37 x 1.48 x 1.82 x 1.09 x
EV / Revenue 2.5 x 1.45 x 3.08 x 3.01 x 3.4 x 2.44 x
EV / EBITDA 17.2 x 11.8 x 25.5 x 19.6 x 26.3 x 16.9 x
EV / FCF -10.7 x 4.34 x -98.6 x -11.5 x 20.9 x -188 x
FCF Yield -9.39% 23% -1.01% -8.71% 4.79% -0.53%
Price to Book 1.92 x 0.96 x 0.79 x 0.93 x 0.85 x 0.66 x
Nbr of stocks (in thousands) 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000
Reference price 2 4.180 2.160 1.710 2.080 2.120 1.700
Announcement Date 2/20/19 2/17/20 2/25/21 2/25/22 2/24/23 2/20/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,121 2,972 1,496 1,686 1,400 1,878
EBITDA 1 454.3 364.2 181.1 259.2 181.3 272
EBIT 1 240.2 158.4 49.51 108.1 66.84 168
Operating Margin 7.7% 5.33% 3.31% 6.41% 4.77% 8.94%
Earnings before Tax (EBT) 1 205.4 230.5 53.54 63.81 362.1 164.3
Net income 1 179.2 195.9 43.37 68.23 342.7 167.8
Net margin 5.74% 6.59% 2.9% 4.05% 24.48% 8.94%
EPS 2 0.1493 0.1633 0.0361 0.0569 0.2856 0.1398
Free Cash Flow 1 -733.5 990.6 -46.8 -441.4 228 -24.34
FCF margin -23.5% 33.33% -3.13% -26.18% 16.29% -1.3%
FCF Conversion (EBITDA) - 271.95% - - 125.75% -
FCF Conversion (Net income) - 505.65% - - 66.53% -
Dividend per Share 2 0.1000 0.1000 0.0425 0.0550 0.0550 0.0124
Announcement Date 2/20/19 2/17/20 2/25/21 2/25/22 2/24/23 2/20/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,800 1,706 2,560 2,572 2,217 2,544
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.163 x 4.684 x 14.14 x 9.922 x 12.23 x 9.353 x
Free Cash Flow 1 -734 991 -46.8 -441 228 -24.3
ROE (net income / shareholders' equity) 6.92% 7.38% 1.64% 2.62% 12% 5.71%
ROA (Net income/ Total Assets) 2.74% 1.8% 0.59% 1.21% 0.74% 1.79%
Assets 1 6,531 10,874 7,313 5,624 46,110 9,398
Book Value Per Share 2 2.180 2.240 2.150 2.240 2.510 2.580
Cash Flow per Share 2 0.0400 0.1800 0.0700 0.0900 0.0300 0.0400
Capex 1 553 63.7 9.76 455 24.7 9.58
Capex / Sales 17.71% 2.14% 0.65% 26.99% 1.77% 0.51%
Announcement Date 2/20/19 2/17/20 2/25/21 2/25/22 2/24/23 2/20/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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