Financials Chewathai

Equities

CHEWA

TH7153010007

Real Estate Development & Operations

End-of-day quote Thailand S.E. 23:00:00 20/06/2024 BST 5-day change 1st Jan Change
0.38 THB +2.70% Intraday chart for Chewathai -2.56% -22.45%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,377 624.8 650.3 1,313 956.3 624.8
Enterprise Value (EV) 1 3,260 4,796 4,653 4,789 4,545 4,089
P/E ratio 4.49 x -11.3 x 5.4 x 18.7 x 8.28 x -9.04 x
Yield 7.87% - 4.1% 2.51% 2.44% -
Capitalization / Revenue 0.52 x 0.54 x 0.4 x 0.62 x 0.45 x 0.33 x
EV / Revenue 1.22 x 4.18 x 2.85 x 2.25 x 2.13 x 2.18 x
EV / EBITDA 8.31 x -237 x -226 x 26.1 x 20.1 x 187 x
EV / FCF -6.42 x -2.27 x -38.8 x 9.34 x 52 x 14.6 x
FCF Yield -15.6% -44% -2.58% 10.7% 1.92% 6.86%
Price to Book 0.75 x 0.36 x 0.35 x 0.69 x 0.48 x 0.33 x
Nbr of stocks (in thousands) 1,275,027 1,275,028 1,275,028 1,275,028 1,275,028 1,275,028
Reference price 2 1.080 0.4900 0.5100 1.030 0.7500 0.4900
Announcement Date 14/02/19 14/02/20 15/02/21 17/02/22 14/02/23 12/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,672 1,148 1,634 2,124 2,130 1,879
EBITDA 1 392.2 -20.21 -20.58 183.7 225.9 21.84
EBIT 1 376.8 -46.64 -45.24 167.6 217.1 13.02
Operating Margin 14.1% -4.06% -2.77% 7.89% 10.19% 0.69%
Earnings before Tax (EBT) 1 333.8 -67.81 -115 91.33 149 -77.12
Net income 1 264.8 -55.06 120.4 70.13 115.4 -69.11
Net margin 9.91% -4.8% 7.37% 3.3% 5.42% -3.68%
EPS 2 0.2405 -0.0432 0.0945 0.0550 0.0905 -0.0542
Free Cash Flow 1 -507.8 -2,111 -119.8 513 87.35 280.4
FCF margin -19% -183.93% -7.34% 24.15% 4.1% 14.92%
FCF Conversion (EBITDA) - - - 279.22% 38.67% 1,283.76%
FCF Conversion (Net income) - - - 731.45% 75.68% -
Dividend per Share 2 0.0850 - 0.0209 0.0259 0.0183 -
Announcement Date 14/02/19 14/02/20 15/02/21 17/02/22 14/02/23 12/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,883 4,171 4,003 3,476 3,589 3,465
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.801 x -206.4 x -194.5 x 18.92 x 15.89 x 158.6 x
Free Cash Flow 1 -508 -2,111 -120 513 87.4 280
ROE (net income / shareholders' equity) 17.9% -3.07% -5.18% 3.73% 5.93% -3.55%
ROA (Net income/ Total Assets) 5.81% -0.54% -0.43% 1.56% 2.08% 0.13%
Assets 1 4,561 10,267 -27,873 4,500 5,560 -51,887
Book Value Per Share 2 1.440 1.370 1.460 1.490 1.560 1.490
Cash Flow per Share 2 0.4000 0.0300 0.0500 0.4000 0.0800 0.0200
Capex 1 7.88 16.4 3.62 0.17 2.56 0.66
Capex / Sales 0.3% 1.43% 0.22% 0.01% 0.12% 0.04%
Announcement Date 14/02/19 14/02/20 15/02/21 17/02/22 14/02/23 12/02/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA