Financials JMT Network Services

Equities

JMT

TH3925010Z05

Corporate Financial Services

End-of-day quote Thailand S.E. 23:00:00 25/06/2024 BST 5-day change 1st Jan Change
14.4 THB -0.69% Intraday chart for JMT Network Services -1.37% -43.53%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 17,760 35,139 93,661 100,682 37,223 21,020 - -
Enterprise Value (EV) 1 17,760 35,139 93,661 104,434 37,223 21,020 21,020 21,020
P/E ratio 26.6 x 33.8 x 54.4 x 57 x 18.5 x 11.9 x 9.69 x 8.43 x
Yield 2.83% 2.33% 1.2% 1.57% - 5.22% 6.44% 7.3%
Capitalization / Revenue 7.03 x 11 x 28.3 x 24.1 x 7.32 x 4.04 x 3.75 x 3.4 x
EV / Revenue 7.03 x 11 x 28.3 x 24.1 x 7.32 x 4.04 x 3.75 x 3.4 x
EV / EBITDA 15.9 x 21.3 x - 42.4 x 12.5 x 7.39 x 6.54 x 5.91 x
EV / FCF - - - 43 x - 14.9 x 13.5 x 11.6 x
FCF Yield - - - 2.32% - 6.7% 7.41% 8.64%
Price to Book - 6.28 x 4.92 x 4.37 x - 0.78 x 0.75 x 0.72 x
Nbr of stocks (in thousands) 887,991 976,091 1,367,310 1,459,158 1,459,740 1,459,740 - -
Reference price 2 20.00 36.00 68.50 69.00 25.50 14.40 14.40 14.40
Announcement Date 26/02/20 25/02/21 24/02/22 13/02/23 12/02/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,525 3,191 3,305 4,185 5,086 5,206 5,602 6,186
EBITDA 1 1,120 1,650 - 2,373 2,986 2,844 3,214 3,557
EBIT 1 - 1,524 1,676 2,220 2,828 2,107 2,497 2,971
Operating Margin - 47.75% 50.72% 53.04% 55.6% 40.47% 44.57% 48.03%
Earnings before Tax (EBT) 1 838.9 1,210 1,620 1,890 2,437 2,178 2,628 3,047
Net income 1 681.4 1,047 1,400 1,746 2,011 1,774 2,172 2,499
Net margin 26.99% 32.81% 42.37% 41.71% 39.53% 34.08% 38.78% 40.4%
EPS 2 0.7522 1.065 1.260 1.210 1.380 1.213 1.487 1.708
Free Cash Flow 1 - - - 2,339 - 1,409 1,558 1,817
FCF margin - - - 55.88% - 27.06% 27.81% 29.37%
FCF Conversion (EBITDA) - - - 98.54% - 49.54% 48.48% 51.08%
FCF Conversion (Net income) - - - 133.98% - 79.4% 71.72% 72.7%
Dividend per Share 2 0.5666 0.8402 0.8200 1.080 - 0.7518 0.9273 1.051
Announcement Date 26/02/20 25/02/21 24/02/22 13/02/23 12/02/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 1,625 - - 1,087 2,166 989.6 - - - - - - -
EBITDA - - - - - - - - - - - - -
EBIT 835.9 - - 450.5 984.7 594.8 - - - - 762.1 665.8 -
Operating Margin 51.43% - - 41.43% 45.46% 60.11% - - - - - - -
Earnings before Tax (EBT) 682 - - - - - 549.7 - - - - 528.2 -
Net income 1 571.6 477.1 - 433.3 800.3 455.5 489.8 453.1 551 466.3 540.3 422.9 458
Net margin 35.17% - - 39.85% 36.94% 46.03% - - - - - - -
EPS - - 0.2600 - - - 0.3400 - - - 0.3700 0.2900 -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 10/08/21 24/02/22 13/05/22 11/08/22 11/08/22 10/11/22 13/02/23 12/05/23 10/08/23 10/11/23 12/02/24 15/05/24 -
1THB in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - 3,752 - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - 1.581 x - - - -
Free Cash Flow 1 - - - 2,339 - 1,409 1,558 1,817
ROE (net income / shareholders' equity) 20.1% 23% 11.3% 8.3% - 6.54% 7.67% 8.58%
ROA (Net income/ Total Assets) - 8.58% 6.62% 5.64% - 4.11% 4.84% 5.16%
Assets 1 - 12,203 21,153 30,949 - 43,206 44,906 48,458
Book Value Per Share 2 - 5.730 13.90 15.80 - 18.50 19.20 19.90
Cash Flow per Share 2 - - - 1.670 - 1.000 1.100 1.300
Capex 1 - - - 81.3 - 100 100 100
Capex / Sales - - - 1.94% - 1.92% 1.79% 1.62%
Announcement Date 26/02/20 25/02/21 24/02/22 13/02/23 12/02/24 - - -
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
14.4 THB
Average target price
18.74 THB
Spread / Average Target
+30.12%
Consensus
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  4. Financials JMT Network Services