Financials Com7

Stocks

COM7

TH6678010005

Computer & Electronics Retailers

End-of-day quote Thailand S.E. Other stock markets 10/07/2026			5-day change	1st Jan Change
29.50 ^THB	+3.51%		+4.42%	+50.51%

07-06	Plan B Media Public Company Limited acquired 7.12% stake in Com7 Public Company Limited from Phongsak Thamthatcharee and others.	CI
06-22	KGI Securities Downgrades Com7 Public to Neutral from Outperform; Price Target is THB28	MT

Projected Income Statement: Com7

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	51,126	62,733	69,559	79,074	87,255	93,566	98,990	102,685
Change	-	22.7%	10.88%	13.68%	10.35%	7.23%	5.8%	3.73%
EBITDA ¹	3,872	4,636	4,712	5,328	6,252	7,000	7,539	7,939
Change	-	19.74%	1.63%	13.09%	17.34%	11.96%	7.71%	5.3%
EBIT ¹	3,084	3,840	3,804	4,307	5,099	5,733	6,187	6,567
Change	-	24.49%	-0.94%	13.25%	18.37%	12.44%	7.92%	6.14%
Interest Paid ¹	-47.89	-103	-232.5	-306.3	-277.5	-284	-301	-336
Earnings before Tax (EBT) ¹	3,183	3,832	3,522	3,995	4,920	5,526	5,978	6,327
Change	-	20.4%	-8.11%	13.43%	23.18%	12.31%	8.17%	5.85%
Net income ¹	2,630	3,038	2,857	3,307	4,064	4,530	4,890	5,170
Change	-	15.49%	-5.94%	15.75%	22.87%	11.49%	7.95%	5.73%
Announcement Date	27/02/22	23/02/23	22/02/24	24/02/25	26/02/26	-	-	-

¹THB in Million

Estimates

Fiscal Period: December	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2
Net sales ¹	-	-	-	14,646	-	14,888	18,778	17,309	15,990	16,321	19,995	19,236	18,394	17,983	23,461	20,895	20,713	19,203	26,443	23,513	23,539
Change	-	-	-	-	-	-	26.13%	-7.82%	-7.62%	2.07%	22.51%	-3.8%	-4.37%	-2.23%	30.46%	-10.94%	-0.87%	-7.29%	37.7%	-11.08%	0.11%
EBITDA ¹	895.9	900.5	1,181	1,196	973.3	1,147	1,548	1,355	1,224	1,052	1,096	-	1,215	-	1,631	1,512	1,485	1,338	1,970	1,851	1,828
Change	-	0.51%	31.14%	1.29%	-18.63%	17.83%	34.94%	-12.42%	-9.71%	-14.06%	4.26%	-	-	-	-	-7.29%	-1.76%	-9.95%	47.29%	-6.05%	-1.27%
EBIT ¹	701.3	703.9	976.6	993.4	775.7	952.4	1,346	1,146	999.9	807.5	865.5	-	960.7	904.9	1,375	1,270	1,223	1,033	1,626	1,472	1,467
Change	-	0.37%	38.74%	1.72%	-21.92%	22.78%	41.35%	-14.85%	-12.77%	-19.24%	7.18%	-	-	-5.81%	51.98%	-7.64%	-3.73%	-15.49%	57.31%	-9.44%	-0.33%
Charge d'intérêts ¹	-12.1	-13.68	-12.86	-18.14	-24.11	-25	-35.77	-39.3	-53.38	-69.54	-70.24	-70.63	-75.15	-87.64	-72.84	-75.31	-70.1	-75.03	-57.02	-66.66	-70
Earnings before Tax (EBT) ¹	689	-	-	-	752.3	-	1,176	1,073	871.3	739.6	837.8	966.5	890.9	850.4	1,287	1,172	1,203	1,054	1,491	1,442	1,431
Change	-	-	-	-	-	-	-	-8.79%	-18.8%	-15.12%	13.28%	15.36%	-7.82%	-4.55%	51.3%	-8.94%	2.69%	-12.39%	41.47%	-3.33%	-0.73%
Net income ¹	587	570.5	907.2	783.2	620	724.7	909.8	873.7	704.1	611.4	668	821.8	752.3	708.8	1,024	980.7	1,003	872	1,208	1,226	1,221
Change	-	-2.82%	59.02%	-13.67%	-20.84%	16.88%	25.54%	-3.96%	-19.41%	-13.17%	9.25%	23.02%	-8.46%	-5.78%	44.53%	-4.27%	2.29%	-13.07%	38.49%	1.53%	-0.44%
Announcement Date	10/08/21	11/11/21	27/02/22	12/05/22	11/08/22	11/11/22	23/02/23	12/05/23	08/08/23	10/11/23	22/02/24	16/05/24	14/08/24	12/11/24	24/02/25	14/05/25	14/08/25	12/11/25	26/02/26	12/05/26	-

¹THB in Million

Estimates

Fiscal Period: December	2022 S1	2025 S1	2026 S1
Net sales ¹	-	41,608	47,086
Change	-	-	13.16%
EBITDA	2,169	-	-
Change	-	-	-
EBIT ¹	1,769	-	2,987
Change	-	-	-
Charge d'intérêts ¹	-42.25	-	-133
Earnings before Tax (EBT) ¹	-	-	2,792
Change	-	-	-
Net income ¹	1,403	1,984	2,463
Change	-	41.37%	24.16%
Announcement Date	11/08/22	14/08/25	-

¹THB in Million

Estimates

Forecast Balance Sheet: Com7

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	2,822	4,315	6,708	7,560	7,579	9,209	7,794	6,186
Change	-	52.91%	55.46%	12.7%	0.25%	21.51%	-15.37%	-20.63%
Announcement Date	27/02/22	23/02/23	22/02/24	24/02/25	26/02/26	-	-	-

¹THB in Million

Estimates

Cash Flow Forecast: Com7

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	297.7	493.3	861.3	450.6	1,272	1,379	1,165	1,021
Change	-	65.72%	74.61%	-47.68%	182.24%	8.46%	-15.52%	-12.39%
Free Cash Flow (FCF) ¹	262.1	1,150	48.57	1,702	4,798	3,313	4,092	5,013
Change	-	338.87%	-95.78%	3,405%	181.87%	-30.95%	23.5%	22.51%
Announcement Date	27/02/22	23/02/23	22/02/24	24/02/25	26/02/26	-	-	-

¹THB in Million

Estimates

Forecast Financial Ratios: Com7

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	7.57%	7.39%	6.77%	6.74%	7.17%	7.48%	7.62%	7.73%
EBIT Margin (%)	6.03%	6.12%	5.47%	5.45%	5.84%	6.13%	6.25%	6.4%
EBT Margin (%)	6.23%	6.11%	5.06%	5.05%	5.64%	5.91%	6.04%	6.16%
Net margin (%)	5.14%	4.84%	4.11%	4.18%	4.66%	4.84%	4.94%	5.04%
FCF margin (%)	0.51%	1.83%	0.07%	2.15%	5.5%	3.54%	4.13%	4.88%
FCF / Net Income (%)	9.97%	37.87%	1.7%	51.48%	118.08%	73.13%	83.67%	96.96%
Profitability
ROA	20.9%	17.3%	13.79%	13.33%	14.02%	14.14%	13.83%	13.88%
ROE	57.58%	48.84%	37.59%	39.38%	41.43%	39.32%	35.63%	32.42%
Financial Health
Leverage (Debt/EBITDA)	0.73x	0.93x	1.42x	1.42x	1.21x	1.32x	1.03x	0.78x
Debt / Free cash flow	10.76x	3.75x	138.1x	4.44x	1.58x	2.78x	1.9x	1.23x
Capital Intensity
CAPEX / Current Assets (%)	0.58%	0.79%	1.24%	0.57%	1.46%	1.47%	1.18%	0.99%
CAPEX / EBITDA (%)	7.69%	10.64%	18.28%	8.46%	20.34%	19.71%	15.46%	12.86%
CAPEX / FCF (%)	113.56%	42.88%	1,773.37%	26.47%	26.51%	41.63%	28.48%	20.37%
Items per share
Cash flow per share ¹	0.2328	0.6849	0.3791	0.9077	2.559	2.258	2.598	2.798
Change	-	194.13%	-44.65%	139.44%	181.93%	-11.76%	15.06%	7.69%
Dividend per Share ¹	0.5	0.75	0.7	-	-	1.171	1.274	1.34
Change	-	50%	-6.67%	-	-	-	8.78%	5.16%
Book Value Per Share ¹	2.202	3	3.374	3.69	4.576	5.369	6.408	7.46
Change	-	36.23%	12.47%	9.35%	24.02%	17.33%	19.36%	16.42%
EPS ¹	1.095	1.27	1.19	1.39	1.71	1.903	2.047	2.153
Change	-	15.98%	-6.3%	16.81%	23.02%	11.28%	7.58%	5.19%
Nbr of stocks (in thousands)	2,400,000	2,384,998	2,384,998	2,354,998	2,357,699	2,357,699	2,357,699	2,357,699
Announcement Date	27/02/22	23/02/23	22/02/24	24/02/25	26/02/26	-	-	-