Financials Bless Asset Group

Equities

BLESS

THA864010006

Real Estate Development & Operations

End-of-day quote Thailand S.E. 23:00:00 01/07/2024 BST 5-day change 1st Jan Change
0.53 THB -1.85% Intraday chart for Bless Asset Group -5.36% -17.19%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 744 512
Enterprise Value (EV) 1 1,545 1,486
P/E ratio 15.3 x 53.2 x
Yield - -
Capitalization / Revenue 1.12 x 1.18 x
EV / Revenue 2.33 x 3.42 x
EV / EBITDA 27.4 x 65.3 x
EV / FCF 27.6 x -8.24 x
FCF Yield 3.62% -12.1%
Price to Book 0.64 x 0.44 x
Nbr of stocks (in thousands) 800,000 800,000
Reference price 2 0.9300 0.6400
Announcement Date 22/02/23 29/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 499.3 569.8 906.1 798 662.9 434.8
EBITDA 1 67.92 109.2 148.9 103.2 56.4 22.73
EBIT 1 64.4 105.2 146.3 100.8 53.77 19.23
Operating Margin 12.9% 18.46% 16.15% 12.63% 8.11% 4.42%
Earnings before Tax (EBT) 1 56.76 104.9 144 100.4 50.79 17.23
Net income 1 44.41 82.65 114.5 80.07 42.4 9.619
Net margin 8.9% 14.5% 12.64% 10.03% 6.4% 2.21%
EPS 2 0.1110 0.2066 0.2863 0.1761 0.0606 0.0120
Free Cash Flow 1 -147.3 -134.2 310.9 197.6 55.97 -180.3
FCF margin -29.5% -23.55% 34.31% 24.76% 8.44% -41.46%
FCF Conversion (EBITDA) - - 208.8% 191.46% 99.24% -
FCF Conversion (Net income) - - 271.47% 246.75% 132.02% -
Dividend per Share - - - - - -
Announcement Date 23/12/21 23/12/21 23/12/21 06/07/22 22/02/23 29/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,033 1,147 1,220 1,113 801 974
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 15.21 x 10.5 x 8.192 x 10.79 x 14.2 x 42.83 x
Free Cash Flow 1 -147 -134 311 198 56 -180
ROE (net income / shareholders' equity) 7.34% 12.3% 14.9% 9.37% 4.16% 0.83%
ROA (Net income/ Total Assets) 2.37% 3.47% 4.33% 2.84% 1.54% 0.54%
Assets 1 1,878 2,380 2,645 2,824 2,750 1,779
Book Value Per Share 2 1.570 1.780 2.060 1.470 1.450 1.460
Cash Flow per Share 2 0.0800 0.0500 0.1500 0.1100 0.0700 0.0400
Capex 1 3.83 3.87 0.93 6.53 6.5 3.85
Capex / Sales 0.77% 0.68% 0.1% 0.82% 0.98% 0.89%
Announcement Date 23/12/21 23/12/21 23/12/21 06/07/22 22/02/23 29/02/24
1THB in Million2THB
Estimates
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  4. Financials Bless Asset Group