Financials Stark Corporation

Equities

STARK

TH0832B10Z06

Electrical Components & Equipment

End-of-day quote Thailand S.E. 06:00:00 2023-06-29 pm EDT 5-day change 1st Jan Change
0.02 THB -.--% Intraday chart for Stark Corporation -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 332.9 840.3 50,483 50,721 56,436 33,516
Enterprise Value (EV) 1 813.7 1,280 54,058 61,869 69,690 47,325
P/E ratio -4.23 x -4.58 x 193 x 31.5 x 20.3 x -4.64 x
Yield - - - - - -
Capitalization / Revenue 0.76 x 2.32 x 4.37 x 3 x 2.08 x 1.33 x
EV / Revenue 1.85 x 3.54 x 4.68 x 3.66 x 2.57 x 1.87 x
EV / EBITDA -30 x -7.79 x 53.3 x 25.2 x 15 x -17.1 x
EV / FCF -133 x 14.9 x -82.3 x -60 x -27.8 x -17 x
FCF Yield -0.75% 6.69% -1.21% -1.67% -3.6% -5.89%
Price to Book 1.18 x 8.43 x 22.3 x 13.7 x 8.68 x -7.59 x
Nbr of stocks (in thousands) 161,587 161,606 11,906,405 11,906,405 11,906,405 13,406,405
Reference price 2 2.060 5.200 4.240 4.260 4.740 2.500
Announcement Date 2/28/18 2/17/19 2/28/20 2/23/21 2/24/22 6/16/23
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 439 361.6 11,539 16,899 27,107 25,275
EBITDA 1 -27.12 -164.3 1,015 2,459 4,656 -2,771
EBIT 1 -45.93 -167.8 828.9 2,164 4,278 -3,225
Operating Margin -10.46% -46.41% 7.18% 12.8% 15.78% -12.76%
Earnings before Tax (EBT) 1 -64.58 -193.2 403 2,038 3,529 -6,228
Net income 1 -78.75 -183.6 123.9 1,609 2,783 -6,612
Net margin -17.94% -50.78% 1.07% 9.52% 10.27% -26.16%
EPS 2 -0.4873 -1.136 0.0219 0.1351 0.2337 -0.5393
Free Cash Flow 1 -6.133 85.65 -656.6 -1,032 -2,508 -2,786
FCF margin -1.4% 23.68% -5.69% -6.11% -9.25% -11.02%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 2/28/18 2/17/19 2/28/20 2/23/21 2/24/22 6/16/23
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 481 440 3,574 11,147 13,254 13,809
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -17.73 x -2.678 x 3.523 x 4.534 x 2.846 x -4.984 x
Free Cash Flow 1 -6.13 85.7 -657 -1,032 -2,508 -2,786
ROE (net income / shareholders' equity) -24.5% -96.1% 12.5% 53.3% 54.4% 184%
ROA (Net income/ Total Assets) -2.84% -12% 3.92% 6.77% 8.04% -6.29%
Assets 1 2,768 1,535 3,162 23,775 34,609 105,046
Book Value Per Share 2 1.750 0.6200 0.1900 0.3100 0.5500 -0.3300
Cash Flow per Share 2 0.0700 0.0600 0.1200 0.1000 0.0900 0.4600
Capex 1 0.79 0.18 478 320 182 153
Capex / Sales 0.18% 0.05% 4.14% 1.89% 0.67% 0.6%
Announcement Date 2/28/18 2/17/19 2/28/20 2/23/21 2/24/22 6/16/23
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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