Company Valuation: AIRA Factoring

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,136 1,840 1,840 1,232 1,120 528
Change - 61.97% 0% -33.04% -9.09% -52.86%
Enterprise Value (EV) 1 2,605 3,403 3,464 3,000 2,789 2,485
Change - 30.65% 1.8% -13.39% -7.05% -10.89%
P/E 26.6x 37.2x 40.6x 181x 66.9x 35.6x
PBR 2.18x 3.47x 3.5x 2.31x 2.17x 1x
PEG - 2.3x -4.75x -2.1x 0x -3.1x
Capitalization / Revenue 5.41x 9.3x 8.12x 5.11x 4.39x 2.12x
EV / Revenue 12.4x 17.2x 15.3x 12.4x 10.9x 9.98x
EV / EBITDA 25.6x 33.9x 34.7x 40.7x 26.6x 25.8x
EV / EBIT 26x 34.3x 34.9x 41.2x 27.1x 26.2x
EV / FCF 5.86x -38.1x -137x -28.7x 12.4x -7.9x
FCF Yield 17.1% -2.63% -0.73% -3.48% 8.06% -12.7%
Dividend per Share 2 0.021 0.025 0.032 - - -
Rate of return 2.96% 2.17% 2.78% - - -
EPS 2 0.0267 0.0309 0.0283 0.004261 0.0105 0.009267
Distribution rate 78.7% 80.8% 113% - - -
Net sales 1 209.9 197.8 226.5 241.1 255.2 249.1
EBITDA 1 101.9 100.5 99.83 73.68 104.7 96.48
EBIT 1 100.1 99.35 99.33 72.88 102.9 94.89
Net income 1 42.71 49.52 45.26 6.818 16.74 14.83
Net Debt 1 1,469 1,563 1,624 1,768 1,669 1,957
Reference price 2 0.7100 1.1500 1.1500 0.7700 0.7000 0.3300
Nbr of stocks (in thousands) 1,600,000 1,600,000 1,600,000 1,600,000 1,600,000 1,600,000
Announcement Date 23/02/21 22/02/22 22/02/23 22/02/24 18/02/25 23/02/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
107.25x - - -.--% 24.62B
8.59x7.28x8.42x1.07% 23.17B
1174.17x - - -.--% 12.6B
11.45x4.17x22.85x3.94% 11.91B
5.36x - - 5.68% 10.96B
10.81x - - 4.56% 10.26B
4.46x - - 7.06% 7.94B
Average 188.87x 5.72x 15.64x 3.19% 14.49B
Weighted average by Cap. 177.11x 6.22x 13.32x 2.33%

Y-o-Y evolution of P/E

Valuation ratios - P/E - AIRA Factoring

Historical PBR trend

Valuation ratios - PBR - AIRA Factoring

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - AIRA Factoring

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - AIRA Factoring