Company Valuation: KCE Electronics

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 103,980 54,961 65,015 28,961 21,514 43,442 - -
Change - -47.14% 18.29% -55.45% -25.71% 101.92% - -
Enterprise Value (EV) 1 105,683 57,642 65,475 28,511 20,981 43,034 42,717 43,442
Change - -45.46% 13.59% -56.45% -26.41% 105.11% -0.74% 1.7%
P/E Ratio 42.9x 23.7x 37.9x 17.6x 26x 40.3x 31.7x 27.6x
PBR 7.75x 4.1x 4.75x 2.11x 1.64x 3.32x 3.3x 3.16x
PEG - -5.4x -1.5x -4.25x -0.5x 1.3x 1.2x 1.9x
Capitalization / Revenue 6.96x 2.98x 3.98x 1.95x 1.65x 3.16x 2.95x 2.8x
EV / Revenue 7.07x 3.12x 4.01x 1.92x 1.6x 3.13x 2.9x 2.8x
EV / EBITDA 28.3x 17.3x 24x 11.3x 11.5x 18.2x 15.4x 15.8x
EV / EBIT 39x 26x 40.2x 19.6x 28.9x 37.4x 27.9x 24.2x
EV / FCF 10,304x 56.8x 17.4x 11.4x 13.2x 21.4x 38.3x 18.5x
FCF Yield 0.01% 1.76% 5.76% 8.8% 7.56% 4.67% 2.61% 5.39%
Dividend per Share 2 1 1.6 1.2 1.3 1.2 1.125 1.221 1.274
Rate of return 1.14% 3.44% 2.18% 5.31% 6.59% 3.06% 3.32% 3.47%
EPS 2 2.05 1.96 1.45 1.39 0.7 0.9117 1.159 1.331
Distribution rate 48.8% 81.6% 82.8% 93.5% 171% 123% 105% 95.7%
Net sales 1 14,938 18,456 16,344 14,833 13,075 13,741 14,745 15,495
EBITDA 1 3,733 3,328 2,724 2,522 1,824 2,359 2,772 2,757
EBIT 1 2,709 2,214 1,629 1,455 725 1,151 1,532 1,796
Net income 1 2,426 2,317 1,720 1,648 832.7 1,080 1,375 1,577
Net Debt 1 1,703 2,680 460.4 -449.9 -533 -407.5 -724.5 -
Reference price 2 88.00 46.50 55.00 24.50 18.20 36.75 36.75 36.75
Nbr of stocks (in thousands) 1,181,590 1,181,966 1,182,089 1,182,089 1,182,089 1,182,089 - -
Announcement Date 08/02/22 07/02/23 13/02/24 24/02/25 10/02/26 - - -
1THB in Million2THB
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
39.76x3.09x18x3.1% 1.3B
21.88x12.26x18.28x0.37% 4,962B
22.9x10.74x14.68x1.1% 1,843B
42.73x17.53x25.8x0.68% 1,834B
16.84x9.77x11.82x0.05% 1,123B
6.98x3.95x4.85x0.24% 972B
89.95x15.84x59.97x-.--% 796B
-336.11x10.19x30.31x-.--% 588B
280.77x60.48x128.2x-.--% 366B
38.66x13.24x25.46x1.94% 270B
Average 22.43x 15.71x 33.74x 0.75% 1,276B
Weighted average by Cap. 18.97x 13.48x 23.71x 0.46%

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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