Financials Eastern Technical Engineering

Equities

ETE

TH7761010001

Business Support Services

End-of-day quote Thailand S.E. 23:00:00 13/06/2024 BST 5-day change 1st Jan Change
1.09 THB -0.91% Intraday chart for Eastern Technical Engineering -6.84% -2.68%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 498.4 464.8 571.2 918.4 649.6 627.2
Enterprise Value (EV) 1 1,435 1,441 1,325 1,621 1,501 1,657
P/E ratio -6.77 x 16.2 x 10.9 x 34.3 x 27.8 x 13.2 x
Yield - - 3.66% - - 2.68%
Capitalization / Revenue 0.3 x 0.25 x 0.39 x 0.67 x 0.52 x 0.39 x
EV / Revenue 0.86 x 0.78 x 0.91 x 1.17 x 1.19 x 1.03 x
EV / EBITDA 39.9 x 10.8 x 10.4 x 14.4 x 16.5 x 10.3 x
EV / FCF -45.1 x -52.5 x 6.17 x 83 x -7.95 x -8.58 x
FCF Yield -2.22% -1.91% 16.2% 1.2% -12.6% -11.6%
Price to Book 0.63 x 0.57 x 0.65 x 1.04 x 0.72 x 0.65 x
Nbr of stocks (in thousands) 560,000 560,000 560,000 560,000 560,000 560,000
Reference price 2 0.8900 0.8300 1.020 1.640 1.160 1.120
Announcement Date 22/02/19 17/02/20 24/02/21 23/02/22 21/02/23 22/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,673 1,839 1,460 1,381 1,258 1,607
EBITDA 1 35.97 133.8 127.7 112.3 91.24 161
EBIT 1 -13.87 85.91 75.86 63.95 43.88 101.9
Operating Margin -0.83% 4.67% 5.2% 4.63% 3.49% 6.34%
Earnings before Tax (EBT) 1 -67.6 39.98 36.14 33.94 20.88 53.03
Net income 1 -73.59 28.61 52.19 26.74 23.35 47.49
Net margin -4.4% 1.56% 3.57% 1.94% 1.86% 2.95%
EPS 2 -0.1314 0.0511 0.0932 0.0478 0.0417 0.0848
Free Cash Flow 1 -31.79 -27.45 214.8 19.53 -188.9 -193
FCF margin -1.9% -1.49% 14.71% 1.41% -15.01% -12.01%
FCF Conversion (EBITDA) - - 168.25% 17.39% - -
FCF Conversion (Net income) - - 411.55% 73.01% - -
Dividend per Share - - 0.0373 - - 0.0300
Announcement Date 22/02/19 17/02/20 24/02/21 23/02/22 21/02/23 22/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 937 976 754 703 852 1,029
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 26.04 x 7.294 x 5.908 x 6.26 x 9.334 x 6.393 x
Free Cash Flow 1 -31.8 -27.4 215 19.5 -189 -193
ROE (net income / shareholders' equity) -8.51% 3.92% 5.92% 2.94% 2.64% 5%
ROA (Net income/ Total Assets) -0.39% 2.49% 2.29% 2.09% 1.37% 2.78%
Assets 1 18,712 1,150 2,279 1,277 1,704 1,710
Book Value Per Share 2 1.420 1.470 1.570 1.570 1.620 1.720
Cash Flow per Share 2 0.1100 0.1100 0.0600 0.0900 0.0800 0.1300
Capex 1 13.9 11.6 11.9 154 109 25.6
Capex / Sales 0.83% 0.63% 0.81% 11.13% 8.64% 1.59%
Announcement Date 22/02/19 17/02/20 24/02/21 23/02/22 21/02/23 22/02/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. ETE Stock
  4. Financials Eastern Technical Engineering
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