Financials Asia Biomass

Equities

ABM

TH8422010000

Forest & Wood Products

End-of-day quote Thailand S.E. 23:00:00 20/05/2024 BST 5-day change 1st Jan Change
1.36 THB -2.16% Intraday chart for Asia Biomass -1.45% -15.53%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 270 219 243 786 720 644
Enterprise Value (EV) 1 601.3 646 766.6 1,370 1,294 1,402
P/E ratio -8.36 x -14 x 13.1 x 29.3 x 16.4 x -8.38 x
Yield - - - - - -
Capitalization / Revenue 0.21 x 0.16 x 0.16 x 0.41 x 0.27 x 0.27 x
EV / Revenue 0.47 x 0.49 x 0.49 x 0.72 x 0.48 x 0.59 x
EV / EBITDA -30 x 144 x 19.1 x 28.7 x 15.2 x -36.9 x
EV / FCF 6.97 x -11.5 x -9.34 x -18.6 x -7.79 x -13.4 x
FCF Yield 14.4% -8.69% -10.7% -5.38% -12.8% -7.47%
Price to Book 1.11 x 0.98 x 1.02 x 2.1 x 1.22 x 1.23 x
Nbr of stocks (in thousands) 300,000 300,000 300,000 300,000 400,000 400,012
Reference price 2 0.9000 0.7300 0.8100 2.620 1.800 1.610
Announcement Date 25/02/19 26/02/20 24/02/21 24/02/22 24/02/23 23/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,292 1,330 1,551 1,910 2,716 2,383
EBITDA 1 -20.07 4.493 40.06 47.8 85.01 -38.01
EBIT 1 -38.14 -13.28 22.93 30.73 66.87 -63
Operating Margin -2.95% -1% 1.48% 1.61% 2.46% -2.64%
Earnings before Tax (EBT) 1 -43.25 -23.84 23.07 30.78 46.89 -88.93
Net income 1 -31.15 -15.66 18.62 26.8 35.89 -76.84
Net margin -2.41% -1.18% 1.2% 1.4% 1.32% -3.22%
EPS 2 -0.1077 -0.0522 0.0621 0.0893 0.1100 -0.1921
Free Cash Flow 1 86.29 -56.14 -82.06 -73.76 -166.2 -104.8
FCF margin 6.68% -4.22% -5.29% -3.86% -6.12% -4.4%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 25/02/19 26/02/20 24/02/21 24/02/22 24/02/23 23/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 331 427 524 584 574 758
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -16.5 x 95.04 x 13.07 x 12.22 x 6.756 x -19.95 x
Free Cash Flow 1 86.3 -56.1 -82.1 -73.8 -166 -105
ROE (net income / shareholders' equity) -18.3% -9.85% 7.72% 7.56% 7.51% -14.2%
ROA (Net income/ Total Assets) -3.27% -1.22% 1.78% 2% 3.62% -2.95%
Assets 1 951.3 1,285 1,044 1,343 991.1 2,604
Book Value Per Share 2 0.8100 0.7500 0.8000 1.240 1.480 1.310
Cash Flow per Share 2 0.0800 0.0900 0.1700 0.0800 0.0800 0.0800
Capex 1 28.5 12.8 68 7.98 38.1 113
Capex / Sales 2.21% 0.96% 4.38% 0.42% 1.4% 4.76%
Announcement Date 25/02/19 26/02/20 24/02/21 24/02/22 24/02/23 23/02/24
1THB in Million2THB
Estimates
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