Financials Unique Engineering and Construction

Equities

UNIQ

TH0933010009

Construction Supplies & Fixtures

End-of-day quote Thailand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
3.16 THB 0.00% Intraday chart for Unique Engineering and Construction -2.47% +9.72%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 10,378 7,783 4,994 7,027 5,016 3,113
Enterprise Value (EV) 1 19,150 18,828 20,153 22,893 22,687 23,031
P/E ratio 13 x 10.7 x 22.6 x 253 x 122 x 24.5 x
Yield 3.13% 3.75% - - - 1.74%
Capitalization / Revenue 0.8 x 0.64 x 0.46 x 0.64 x 0.48 x 0.3 x
EV / Revenue 1.47 x 1.56 x 1.85 x 2.08 x 2.18 x 2.21 x
EV / EBITDA 6.79 x 7.19 x 11 x 13.1 x 20.7 x 10.6 x
EV / FCF -21.3 x -20.6 x -4.73 x -150 x -8.26 x -10.9 x
FCF Yield -4.7% -4.84% -21.1% -0.67% -12.1% -9.16%
Price to Book 1.34 x 0.96 x 0.62 x 0.87 x 0.62 x 0.38 x
Nbr of stocks (in thousands) 1,081,016 1,081,016 1,081,016 1,081,016 1,081,016 1,081,016
Reference price 2 9.600 7.200 4.620 6.500 4.640 2.880
Announcement Date 2/27/19 2/28/20 3/1/21 2/28/22 2/28/23 2/29/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 12,983 12,075 10,891 11,000 10,388 10,423
EBITDA 1 2,820 2,619 1,830 1,742 1,094 2,173
EBIT 1 1,617 1,653 1,109 849.7 287.2 1,424
Operating Margin 12.45% 13.69% 10.18% 7.72% 2.76% 13.66%
Earnings before Tax (EBT) 1 1,006 994.4 321.4 29.56 238.1 222.7
Net income 1 796.6 729.9 220.6 27.78 41.21 127
Net margin 6.14% 6.04% 2.03% 0.25% 0.4% 1.22%
EPS 2 0.7369 0.6750 0.2040 0.0257 0.0380 0.1175
Free Cash Flow 1 -899.3 -912.1 -4,260 -152.3 -2,745 -2,109
FCF margin -6.93% -7.55% -39.12% -1.38% -26.43% -20.24%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.3000 0.2700 - - - 0.0500
Announcement Date 2/27/19 2/28/20 3/1/21 2/28/22 2/28/23 2/29/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 8,772 11,045 15,159 15,866 17,671 19,918
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.11 x 4.218 x 8.282 x 9.107 x 16.16 x 9.167 x
Free Cash Flow 1 -899 -912 -4,260 -152 -2,745 -2,109
ROE (net income / shareholders' equity) 10.6% 9.19% 2.72% 0.34% 0.51% 1.55%
ROA (Net income/ Total Assets) 3.55% 3.32% 2.09% 1.42% 0.42% 1.96%
Assets 1 22,428 21,960 10,565 1,960 9,918 6,468
Book Value Per Share 2 7.160 7.540 7.440 7.450 7.510 7.620
Cash Flow per Share 2 0.4200 0.2900 0.3600 3.500 3.770 2.620
Capex 1 403 1,782 3,333 74.1 317 191
Capex / Sales 3.11% 14.76% 30.6% 0.67% 3.05% 1.83%
Announcement Date 2/27/19 2/28/20 3/1/21 2/28/22 2/28/23 2/29/24
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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