Financials Syn Mun Kong Insurance

Equities

SMK

TH0239A10Z06

Property & Casualty Insurance

End-of-day quote Thailand S.E. 06:00:00 2023-05-08 pm EDT 5-day change 1st Jan Change
0.8 THB -2.44% Intraday chart for Syn Mun Kong Insurance -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 8,600 7,900 5,950 7,700 4,560 864
Enterprise Value (EV) 1 8,296 7,137 5,516 7,034 2,831 -1,441
P/E ratio 9.54 x 10.5 x 8.78 x 10.2 x -0.96 x -0.03 x
Yield 4.72% 5.14% 6.82% 5.71% - -
Capitalization / Revenue 0.94 x 0.79 x 0.52 x 0.75 x 0.42 x 0.1 x
EV / Revenue 0.9 x 0.71 x 0.48 x 0.68 x 0.26 x -0.17 x
EV / EBITDA 6.27 x 7.35 x 6.29 x 7.24 x -0.52 x 0.04 x
EV / FCF 51.6 x 6.44 x 8.58 x 60.1 x -1.02 x -0.18 x
FCF Yield 1.94% 15.5% 11.6% 1.66% -98.2% -565%
Price to Book 1.45 x 1.31 x 0.91 x 1.12 x 2.08 x -0.03 x
Nbr of stocks (in thousands) 200,000 200,000 200,000 200,000 200,000 200,000
Reference price 2 43.00 39.50 29.75 38.50 22.80 4.320
Announcement Date 2/23/18 2/20/19 2/25/20 2/23/21 2/18/22 2/22/23
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 9,190 10,020 11,376 10,272 10,899 8,242
EBITDA 1 1,323 971.2 876.5 971.1 -5,469 -32,454
EBIT 1 1,274 923.6 827.6 927.4 -5,506 -32,488
Operating Margin 13.87% 9.22% 7.28% 9.03% -50.52% -394.2%
Earnings before Tax (EBT) 1 1,103 923.6 827.6 925.8 -5,507 -32,489
Net income 1 901.7 749.8 677.5 757.4 -4,754 -32,759
Net margin 9.81% 7.48% 5.96% 7.37% -43.62% -397.49%
EPS 2 4.509 3.749 3.387 3.787 -23.77 -163.8
Free Cash Flow 1 160.8 1,108 642.5 117.1 -2,781 8,136
FCF margin 1.75% 11.06% 5.65% 1.14% -25.51% 98.73%
FCF Conversion (EBITDA) 12.15% 114.09% 73.3% 12.06% - -
FCF Conversion (Net income) 17.83% 147.78% 94.84% 15.46% - -
Dividend per Share 2 2.030 2.030 2.030 2.200 - -
Announcement Date 2/23/18 2/20/19 2/25/20 2/23/21 2/18/22 2/22/23
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 304 763 434 666 1,729 2,305
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 161 1,108 643 117 -2,781 8,136
ROE (net income / shareholders' equity) 16.3% 12.6% 10.8% 11.3% -105% 232%
ROA (Net income/ Total Assets) 5.58% 3.88% 3.31% 3.66% -25% -214%
Assets 1 16,167 19,334 20,445 20,721 18,998 15,313
Book Value Per Share 2 29.60 30.10 32.70 34.50 11.00 -152.0
Cash Flow per Share 2 1.520 3.820 2.170 3.670 8.990 11.70
Capex 1 30.5 59.7 59.6 42.9 26.6 3.73
Capex / Sales 0.33% 0.6% 0.52% 0.42% 0.24% 0.05%
Announcement Date 2/23/18 2/20/19 2/25/20 2/23/21 2/18/22 2/22/23
1THB in Million2THB
Estimates
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