Financials Thai Enger Holding

Equities

TIGER

TH8787010009

Construction & Engineering

End-of-day quote Thailand S.E. 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
0.76 THB -.--% Intraday chart for Thai Enger Holding -1.30% -21.65%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,070 920 795.8 1,095 814.2 446.2
Enterprise Value (EV) 1 1,820 882.4 708.6 1,159 839.9 497.3
P/E ratio 18.3 x 11.6 x 17.5 x 35.1 x 133 x 114 x
Yield 2.22% 9% 5.2% 2.31% - -
Capitalization / Revenue 2.65 x 0.93 x 0.89 x 1.52 x 1.22 x 0.47 x
EV / Revenue 2.33 x 0.89 x 0.79 x 1.61 x 1.26 x 0.52 x
EV / EBITDA 16.3 x 7.64 x 9.63 x 21.8 x 34.9 x 15 x
EV / FCF -25.9 x -5.49 x 2.87 x -6.14 x 14.7 x 6.22 x
FCF Yield -3.86% -18.2% 34.8% -16.3% 6.79% 16.1%
Price to Book 3.35 x 1.42 x 1.3 x 1.82 x 1.39 x 0.76 x
Nbr of stocks (in thousands) 460,000 460,000 460,000 460,000 460,000 460,000
Reference price 2 4.500 2.000 1.730 2.380 1.770 0.9700
Announcement Date 2/25/19 2/21/20 2/28/21 2/22/22 2/21/23 2/20/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 780.5 989.4 898.6 719.8 666 949.2
EBITDA 1 111.8 115.5 73.58 53.19 24.05 33.2
EBIT 1 101.6 100.4 61.63 39.64 11.24 20.62
Operating Margin 13.02% 10.15% 6.86% 5.51% 1.69% 2.17%
Earnings before Tax (EBT) 1 99.05 99.54 57.32 38.52 8.147 5.253
Net income 1 89.07 79.24 45.42 31.18 6.144 3.913
Net margin 11.41% 8.01% 5.05% 4.33% 0.92% 0.41%
EPS 2 0.2455 0.1723 0.0987 0.0678 0.0134 0.008505
Free Cash Flow 1 -70.2 -160.7 246.7 -188.7 57.03 79.98
FCF margin -8.99% -16.24% 27.46% -26.22% 8.56% 8.43%
FCF Conversion (EBITDA) - - 335.32% - 237.1% 240.9%
FCF Conversion (Net income) - - 543.19% - 928.11% 2,044.31%
Dividend per Share 2 0.1000 0.1800 0.0900 0.0550 - -
Announcement Date 2/25/19 2/21/20 2/28/21 2/22/22 2/21/23 2/20/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 64 25.7 51.1
Net Cash position 1 250 37.6 87.2 - - -
Leverage (Debt/EBITDA) - - - 1.204 x 1.07 x 1.539 x
Free Cash Flow 1 -70.2 -161 247 -189 57 80
ROE (net income / shareholders' equity) 20% 12.5% 7.2% 4.98% 0.93% 0.47%
ROA (Net income/ Total Assets) 11% 7.94% 4.78% 3.13% 0.85% 1.44%
Assets 1 810.7 998.5 950.2 996.9 726.4 272.1
Book Value Per Share 2 1.340 1.410 1.330 1.310 1.270 1.280
Cash Flow per Share 2 0.5600 0.0100 0.0700 0.0100 0.0700 0.0400
Capex 1 23.7 15.8 9.9 5.32 3.15 11.7
Capex / Sales 3.03% 1.6% 1.1% 0.74% 0.47% 1.23%
Announcement Date 2/25/19 2/21/20 2/28/21 2/22/22 2/21/23 2/20/24
1THB in Million2THB
Estimates
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