Company Valuation: IRPC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 78,377 61,640 41,229 25,105 20,206 60,415 - -
Change - -21.35% -33.11% -39.11% -19.51% 198.99% - -
Enterprise Value (EV) 1 128,474 130,299 106,315 87,187 61,247 93,880 87,365 80,081
Change - 1.42% -18.41% -17.99% -29.75% 53.28% -6.94% -8.34%
P/E 5.41x -14.4x -14.4x -4.92x -5.82x 4.84x 15.4x 14.5x
PBR 0.9x 0.77x 0.54x 0.36x 0.31x 0.78x 0.76x 0.74x
PEG - 0x 0.4x -0.1x 0.2x -0x -0.2x 2.35x
Capitalization / Revenue 0.31x 0.19x 0.13x 0.08x 0.07x 0.19x 0.21x 0.21x
EV / Revenue 0.5x 0.4x 0.33x 0.28x 0.22x 0.29x 0.3x 0.28x
EV / EBITDA 4.45x 12.1x 19.6x 31.4x 9.87x 3.44x 5.97x 5.78x
EV / EBIT 7x 48.8x -32.9x -13.7x -19x 5.55x 15.9x 15x
EV / FCF 15.3x -10.4x 15.7x 14.5x 2.7x 4.03x 7.99x 8.98x
FCF Yield 6.55% -9.62% 6.36% 6.89% 37% 24.8% 12.5% 11.1%
Dividend per Share 2 0.22 0.07 0.03 0.03 0.01 0.0433 0.0317 0.0447
Rate of return 5.73% 2.32% 1.49% 2.44% 1.01% 1.46% 1.07% 1.51%
EPS 2 0.71 -0.21 -0.14 -0.25 -0.17 0.6114 0.1917 0.2035
Distribution rate 31% -33.3% -21.4% -12% -5.88% 7.09% 16.5% 21.9%
Net sales 1 255,115 324,800 319,047 314,833 279,572 318,396 287,996 283,760
EBITDA 1 28,877 10,727 5,437 2,773 6,204 27,289 14,626 13,861
EBIT 1 18,348 2,668 -3,229 -6,366 -3,221 16,920 5,478 5,355
Net income 1 14,505 -4,364 -2,923 -5,193 -3,571 12,453 3,780 3,731
Net Debt 1 50,097 68,659 65,086 62,082 41,041 33,464 26,950 19,666
Reference price 2 3.840 3.020 2.020 1.230 0.990 2.960 2.960 2.960
Nbr of stocks (in thousands) 20,410,591 20,410,591 20,410,591 20,410,591 20,410,591 20,410,591 - -
Announcement Date 08/02/22 07/02/23 13/02/24 10/02/25 17/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.96x0.61x3.4x5.57% 44.08B
5.52x0.54x3.88x1.94% 18.77B
9.08x0.46x4.6x11.81% 15.07B
16.91x0.34x8.38x2.56% 12.06B
5.69x0.55x3.45x6.05% 8.43B
4.35x0.49x4.06x5.94% 6.22B
306.48x0.67x7.57x0.79% 5.08B
-22.47x1.31x9.55x-.--% 4.68B
Average 41.44x 0.62x 5.61x 4.33% 14.3B
Weighted average by Cap. 19.54x 0.57x 4.64x 5.1%

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