Company Valuation: Begistics

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 545.1 1,713 1,384 888.1 565.2 323
Change - 214.22% -19.19% -35.83% -36.36% -42.86%
Enterprise Value (EV) 1 782.7 1,803 1,482 2,884 2,216 1,908
Change - 130.31% -17.81% 94.69% -23.18% -13.89%
P/E -9.55x 8.47x 17.9x 7.52x -10.6x -0.72x
PBR 0.87x 1.53x 0.66x 0.25x 0.16x 0.1x
PEG - -0x -0.2x -0.1x 0x -0x
Capitalization / Revenue 1.6x 7.9x 6.45x 1.29x 1.61x 0.64x
EV / Revenue 2.3x 8.32x 6.91x 4.19x 6.29x 3.8x
EV / EBITDA -34.6x 25.1x -57.4x 23.5x 29.5x -23x
EV / EBIT -19.1x -40.2x -24.3x 66.1x -59.4x -10.2x
EV / FCF -3.74x 5.54x -11.9x -3.31x -7.77x -9.63x
FCF Yield -26.7% 18% -8.39% -30.2% -12.9% -10.4%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.1288 0.2868 0.067 0.0146 -0.006622 -0.0558
Distribution rate - - - - - -
Net sales 1 340.8 216.8 214.5 688.4 352.1 502.5
EBITDA 1 -22.63 71.93 -25.8 122.6 75 -83.06
EBIT 1 -40.93 -44.82 -60.98 43.65 -37.31 -186.4
Net income 1 -57.09 129.5 71.4 207 -53.47 -450.8
Net Debt 1 237.6 89.82 97.42 1,996 1,651 1,585
Reference price 2 1.2300 2.4300 1.2000 0.1100 0.0700 0.0400
Nbr of stocks (in thousands) 443,147 704,819 1,153,420 8,074,008 8,074,009 8,074,009
Announcement Date 01/03/21 25/02/22 28/02/23 01/03/24 19/03/25 12/03/26
1THB in Million2THB
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.58x8.98x13.96x2.01% 31.49B
37.57x12.52x23.7x2.38% 3.26B
16.48x3.94x9.16x2.86% 1.24B
16.49x1.43x3x2.34% 814M
13.79x5.47x9.07x5.07% 806M
20.87x4.83x11.38x3.68% 417M
Average 21.80x 6.20x 11.71x 3.06% 6.34B
Weighted average by Cap. 25.82x 8.84x 14.27x 2.16%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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