Financials Trinity Watthana

Equities

TNITY

TH0695010007

Investment Banking & Brokerage Services

End-of-day quote Thailand S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
4.3 THB -0.46% Intraday chart for Trinity Watthana -3.59% +7.50%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,090 776.8 824.6 1,930 1,501 857.6
Enterprise Value (EV) 1 2,813 2,774 3,047 5,116 5,427 4,185
P/E ratio 17.2 x 8.24 x 6.32 x 7.69 x 8.41 x -2.43 x
Yield 5.82% 11.3% 12.1% 11.1% - -
Capitalization / Revenue 1.88 x 1.27 x 1.26 x 2.13 x 2.15 x 5.34 x
EV / Revenue 4.84 x 4.55 x 4.67 x 5.64 x 7.76 x 26.1 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.7 x 0.49 x 0.52 x 1.1 x 0.86 x 0.62 x
Nbr of stocks (in thousands) 198,198 199,189 199,189 214,405 214,405 214,405
Reference price 2 5.500 3.900 4.140 9.000 7.000 4.000
Announcement Date 2/27/19 2/28/20 2/25/21 2/28/22 2/27/23 2/29/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 581 609.7 652.1 906.3 699.5 160.7
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 88.16 116.7 155.5 306 218.1 -443.2
Net income 1 68.1 94.22 130.4 250.1 178.4 -353.4
Net margin 11.72% 15.45% 20% 27.6% 25.5% -219.97%
EPS 2 0.3200 0.4730 0.6549 1.170 0.8321 -1.648
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.3200 0.4400 0.5000 1.000 - -
Announcement Date 2/27/19 2/28/20 2/25/21 2/28/22 2/27/23 2/29/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,723 1,997 2,222 3,186 3,926 3,328
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 4.32% 6.02% 8.21% 14.9% 10.2% -22.6%
ROA (Net income/ Total Assets) 1.73% 2.26% 2.76% 4.37% 2.61% -5.55%
Assets 1 3,939 4,162 4,724 5,728 6,825 6,373
Book Value Per Share 2 7.830 7.920 8.020 8.190 8.110 6.470
Cash Flow per Share 2 0.2500 0.3100 0.3400 0.5200 0.8300 0.3900
Capex 1 3.24 19.8 7.22 5.07 3.55 58.2
Capex / Sales 0.56% 3.25% 1.11% 0.56% 0.51% 36.22%
Announcement Date 2/27/19 2/28/20 2/25/21 2/28/22 2/27/23 2/29/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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