Company Valuation: Cal-Comp Electronics (Thailand)

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 21,736 105,545 47,234 85,690 - -
Change - 385.58% -55.25% 81.42% - -
Enterprise Value (EV) 1 21,736 118,219 60,552 98,662 97,962 94,151
Change - 443.88% -48.78% 62.94% -0.71% -3.89%
P/E 12.2x 40.4x 22.6x 31.1x 24.7x 22x
PBR - - 1.91x 3.36x 3.22x 3.04x
PEG - 0.9x -1.1x 1x 1x 1.8x
Capitalization / Revenue - 0.71x 0.39x 0.6x 0.56x 0.5x
EV / Revenue - 0.8x 0.5x 0.69x 0.63x 0.55x
EV / EBITDA - 20.1x 12.4x 16.3x 14x 12.3x
EV / EBIT - 35x 21.7x 26.6x 22.5x 19.7x
EV / FCF - 14.3x 126x 15.7x 24.5x 27.8x
FCF Yield - 6.98% 0.79% 6.35% 4.08% 3.6%
Dividend per Share 2 - 0.2 0.23 0.186 0.24 0.2367
Rate of return - 1.98% 5.09% 2.27% 2.93% 2.89%
EPS 2 0.17 0.25 0.2 0.264 0.332 0.3733
Distribution rate - 80% 115% 70.5% 72.3% 63.4%
Net sales 1 - 147,733 120,220 142,355 154,297 171,985
EBITDA 1 - 5,873 4,871 6,061 6,975 7,655
EBIT 1 - 3,373 2,788 3,708 4,344 4,772
Net income 1 1,116 2,603 2,044 2,948 3,607 4,117
Net Debt 1 - 12,674 13,318 12,972 12,272 8,461
Reference price 2 2.080 10.100 4.520 8.200 8.200 8.200
Nbr of stocks (in thousands) 10,450,003 10,450,003 10,450,003 10,450,003 - -
Announcement Date 27/02/24 27/02/25 26/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.18x1.72x15.96x0.58% 277B
63.12x15.81x43x0.35% 189B
22.43x1.8x9.44x1.13% 66.53B
16.74x0.36x6.65x1.93% 39.13B
26.4x4.29x16.23x1.25% 30.76B
11.97x0.52x6.36x4.42% 24.8B
40.21x21.74x29.64x1.29% 25.31B
15.98x0.3x8.88x0.76% 20.3B
14.43x0.57x11.3x4.91% 18.25B
Average 26.27x 5.23x 16.39x 1.85% 76.77B
Weighted average by Cap. 34.37x 6.23x 22.03x 0.96%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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