Financials Erawan Hotel Growth Property Fund

Equities

ERWPF

TH4398010009

Real Estate Development & Operations

End-of-day quote Thailand S.E. 23:00:00 22/05/2024 BST 5-day change 1st Jan Change
8.8 THB -.--% Intraday chart for Erawan Hotel Growth Property Fund -.--% +12.10%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 933.3 906.9 746.7 764.3 729.1 1,382
Enterprise Value (EV) 1 925.1 898.2 728.8 727.5 693.8 1,290
P/E ratio -50.8 x 587 x -8.13 x 16.1 x 5.1 x 7.58 x
Yield - - - - - 2.88%
Capitalization / Revenue 12.9 x 12.5 x 10.3 x 10.5 x 10 x 19 x
EV / Revenue 12.8 x 12.4 x 10 x 10 x 9.55 x 17.8 x
EV / EBITDA - - - - - -
EV / FCF 21.9 x 22.1 x 17.4 x 17.2 x 16.5 x 11.7 x
FCF Yield 4.57% 4.52% 5.74% 5.81% 6.05% 8.58%
Price to Book 0.61 x 0.61 x 0.57 x 0.58 x 0.52 x 0.92 x
Nbr of stocks (in thousands) 176,100 176,100 176,100 176,100 176,100 176,100
Reference price 2 5.300 5.150 4.240 4.340 4.140 7.850
Announcement Date 26/02/19 28/02/20 01/03/21 25/02/22 20/02/23 19/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 72.55 72.57 72.54 72.57 72.63 72.65
EBITDA - - - - - -
EBIT 1 66.32 66.31 66.97 67.34 66.94 65.33
Operating Margin 91.42% 91.38% 92.32% 92.79% 92.16% 89.92%
Earnings before Tax (EBT) 1 -18.39 1.545 -91.88 47.38 143 182.4
Net income 1 -18.39 1.545 -91.88 47.38 143 182.4
Net margin -25.34% 2.13% -126.66% 65.29% 196.88% 251.03%
EPS 2 -0.1044 0.008775 -0.5217 0.2691 0.8120 1.036
Free Cash Flow 1 42.32 40.57 41.82 42.25 41.95 110.7
FCF margin 58.33% 55.91% 57.65% 58.22% 57.76% 152.34%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - 2,625.22% - 89.18% 29.34% 60.68%
Dividend per Share - - - - - 0.2260
Announcement Date 26/02/19 28/02/20 01/03/21 25/02/22 20/02/23 19/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 8.26 8.72 17.9 36.8 35.2 92.3
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 42.3 40.6 41.8 42.3 41.9 111
ROE (net income / shareholders' equity) -1.16% 0.1% -6.58% 3.6% 10.6% 12.6%
ROA (Net income/ Total Assets) 2.62% 2.75% 2.99% 3.19% 3.09% 2.76%
Assets 1 -702.5 56.25 -3,068 1,484 4,632 6,608
Book Value Per Share 2 8.750 8.380 7.490 7.480 7.900 8.490
Cash Flow per Share 2 0.0500 0.0500 0.1000 0.2100 0.0900 0.5000
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 26/02/19 28/02/20 01/03/21 25/02/22 20/02/23 19/02/24
1THB in Million2THB
Estimates
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