Company Valuation: I-Tail Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 90,000 63,300 66,900 45,300 48,900 - -
Change - -29.67% 5.69% -32.29% 7.95% - -
Enterprise Value (EV) 1 78,506 54,042 61,537 38,811 41,094 40,460 39,844
Change - -31.16% 13.87% -36.93% 5.88% -1.54% -1.52%
P/E 20.1x 27.8x 18.6x 15.1x 14.7x 12.8x 11.9x
PBR 3.98x 2.74x 2.77x 1.9x 1.97x 1.87x 1.8x
PEG - -0.6x 0.3x -0.9x 1.4x 0.9x 1.48x
Capitalization / Revenue 3.99x 4.06x 3.77x 2.49x 2.45x 2.27x 2.12x
EV / Revenue 3.48x 3.47x 3.47x 2.13x 2.06x 1.88x 1.72x
EV / EBITDA 15.8x 22.6x 13.5x 10.4x 9.79x 8.5x 7.78x
EV / EBIT 17.9x 29.1x 15.5x 12.4x 12x 10.5x 9.47x
EV / FCF - 34.2x 23.4x 19.9x 16.6x 14.5x 12.6x
FCF Yield - 2.93% 4.27% 5.02% 6.01% 6.91% 7.92%
Dividend per Share 2 2.52 0.6 1.15 0.85 0.8686 0.9418 1.025
Rate of return 8.4% 2.84% 5.16% 5.63% 5.33% 5.78% 6.29%
EPS 2 1.49 0.76 1.2 1 1.107 1.269 1.371
Distribution rate 169% 78.9% 95.8% 85% 78.4% 74.2% 74.8%
Net sales 1 22,528 15,577 17,729 18,223 19,976 21,574 23,108
EBITDA 1 4,958 2,393 4,545 3,744 4,197 4,760 5,119
EBIT 1 4,387 1,854 3,977 3,137 3,430 3,867 4,206
Net income 1 - 2,281 3,597 2,978 3,349 3,797 4,109
Net Debt 1 -11,494 -9,258 -5,363 -6,489 -7,806 -8,440 -9,056
Reference price 2 30.00 21.10 22.30 15.10 16.30 16.30 16.30
Nbr of stocks (in thousands) 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 - -
Announcement Date 15/02/23 15/02/24 13/02/25 18/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.9x2.09x9.93x5.31% 1.52B
29.04x2.26x12.96x-.--% 2.74B
22.71x2.01x14.54x1.31% 2.43B
14.62x0.88x7.12x - 2.37B
20.59x1.47x13.55x1.39% 1.32B
21.9x1.81x11.26x1.19% 470M
Average 20.63x 1.75x 11.56x 1.84% 1.81B
Weighted average by Cap. 21.15x 1.76x 11.61x 1.61%

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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  4. Valuation I-Tail Corporation
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