Financials Well Graded Engineering

Equities

WGE

TH9994010006

Construction & Engineering

End-of-day quote Thailand S.E. 06:00:00 2024-06-11 pm EDT 5-day change 1st Jan Change
0.78 THB +4.00% Intraday chart for Well Graded Engineering +5.41% +4.00%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 882 1,128 774 450
Enterprise Value (EV) 1 506.7 999.7 938.6 751.2
P/E ratio 15.2 x 80.4 x -6.33 x -2.03 x
Yield - 2.66% - -
Capitalization / Revenue 1.03 x 0.95 x 0.47 x 0.25 x
EV / Revenue 0.59 x 0.84 x 0.57 x 0.42 x
EV / EBITDA 7.09 x 21 x -8.46 x -3.49 x
EV / FCF -4.81 x -6.4 x -8.64 x 10.7 x
FCF Yield -20.8% -15.6% -11.6% 9.31%
Price to Book 1.35 x 1.69 x 1.5 x 1.51 x
Nbr of stocks (in thousands) 600,000 600,000 600,000 600,000
Reference price 2 1.470 1.880 1.290 0.7500
Announcement Date 3/1/21 2/18/22 2/17/23 2/16/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,290 1,507 857.7 1,185 1,655 1,801
EBITDA 1 50.39 154 71.44 47.56 -110.9 -215.2
EBIT 1 33.22 137.7 54.03 22.94 -143 -248.8
Operating Margin 2.57% 9.13% 6.3% 1.93% -8.64% -13.82%
Earnings before Tax (EBT) 1 47.2 144.1 58.22 20.14 -147.8 -255.5
Net income 1 37.68 114.6 45.13 14.04 -122.3 -221.5
Net margin 2.92% 7.6% 5.26% 1.18% -7.39% -12.3%
EPS 2 0.1657 0.2858 0.0964 0.0234 -0.2039 -0.3691
Free Cash Flow 1 259.6 24.52 -105.4 -156.2 -108.6 69.9
FCF margin 20.12% 1.63% -12.29% -13.18% -6.57% 3.88%
FCF Conversion (EBITDA) 515.16% 15.93% - - - -
FCF Conversion (Net income) 688.97% 21.4% - - - -
Dividend per Share 2 0.7750 0.3409 - 0.0500 - -
Announcement Date 4/28/20 4/28/20 3/1/21 2/18/22 2/17/23 2/16/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 165 301
Net Cash position 1 253 142 375 128 - -
Leverage (Debt/EBITDA) - - - - -1.485 x -1.399 x
Free Cash Flow 1 260 24.5 -105 -156 -109 69.9
ROE (net income / shareholders' equity) 13.5% 41.6% 9.61% 2.12% -20.5% -54.4%
ROA (Net income/ Total Assets) 2.95% 11.4% 3.96% 1.1% -5.75% -10.1%
Assets 1 1,279 1,002 1,139 1,281 2,127 2,198
Book Value Per Share 2 0.6500 0.6600 1.090 1.120 0.8600 0.5000
Cash Flow per Share 2 0.7400 0.3900 0.7400 0.5800 0.2200 0.1700
Capex - - 32.4 187 80.2 5.68
Capex / Sales - - 3.78% 15.77% 4.85% 0.32%
Announcement Date 4/28/20 4/28/20 3/1/21 2/18/22 2/17/23 2/16/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. WGE Stock
  4. Financials Well Graded Engineering