Company Valuation: Karmarts

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2024 2025 2026 2027 2028
Market Cap 1 3,274 6,996 14,117 11,397 9,169 - -
Change - 113.71% - -19.26% -19.55% - -
Enterprise Value (EV) 1 3,274 7,339 13,307 11,978 9,896 9,913 9,958
Change - 124.19% - -9.99% -17.39% 0.17% 0.45%
P/E 11.3x 21.5x 20.8x 16.3x 13.8x 12.6x 11.8x
PBR - 5.37x 4.12x 3.31x 2.39x 2.28x 2.17x
PEG - 1.8x - 4.32x -2.53x 1.31x 1.68x
Capitalization / Revenue - 3.66x 4.48x 3.27x 2.62x 2.48x 2.32x
EV / Revenue - 3.84x 4.23x 3.44x 2.82x 2.68x 2.52x
EV / EBITDA - 15.4x - 13x 11.2x 10.6x 9.98x
EV / EBIT - 17.4x 16.3x 13.8x 12x 11.1x 10.4x
EV / FCF - -114x 63.6x 23.4x 69.7x 19x 18.4x
FCF Yield - -0.88% 1.57% 4.27% 1.43% 5.26% 5.43%
Dividend per Share 2 - 0.2229 0.41 0.44 0.42 0.48 0.49
Rate of return - 3.27% 3.73% 4.92% 5.83% 6.67% 6.81%
EPS 2 0.2829 0.3171 0.53 0.55 0.52 0.57 0.61
Distribution rate - 70.3% 77.4% 80% 80.8% 84.2% 80.3%
Net sales 1 - 1,910 3,148 3,484 3,503 3,697 3,944
EBITDA 1 - 477 - 924.4 880 936 998
EBIT 1 - 423 813.9 867.4 823 895 954
Net income 1 292.9 327 678 706.7 673 734 786
Net Debt 1 - 343.2 -809.2 581.2 727 744 789
Reference price 2 3.189 6.814 11.000 8.950 7.200 7.200 7.200
Nbr of stocks (in thousands) 1,026,664 1,026,664 1,283,331 1,273,421 1,273,421 - -
Announcement Date 24/02/22 24/02/23 24/02/25 26/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.42x4.44x16.27x2.76% 370B
31.25x4.79x19.77x1.91% 244B
19.62x2.91x12.84x3.22% 143B
25.95x3.81x16.04x2.28% 75.02B
56.38x7.98x30.77x0.28% 49.83B
39.27x6.33x27.49x2.38% 46.88B
35.95x2.71x15.03x1.48% 37.82B
19.92x2.78x11.61x4.46% 36.32B
15.67x2.42x11.23x4.88% 35.11B
Average 29.72x 4.24x 17.90x 2.63% 115.31B
Weighted average by Cap. 27.29x 4.33x 17.43x 2.54%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Karmarts

Historical PBR trend

Valuation ratios - PBR - Karmarts

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Karmarts

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Karmarts


Year-on-year evolution of the Yield

Valuation ratios - Yield - Karmarts