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 46,101 - -
Change - -47.14% 18.29% -55.45% -25.71% 114.29% - -
Enterprise Value (EV) 1 105,683 57,642 65,475 28,511 20,981 45,694 45,591 46,101
Change - -45.46% 13.59% -56.45% -26.41% 117.79% -0.22% 1.12%
P/E 42.9x 23.7x 37.9x 17.6x 26x 43.1x 33.4x 29.2x
PBR 7.75x 4.1x 4.75x 2.11x 1.64x 3.57x 3.54x 3.38x
PEG - -5.4x -1.5x -4.25x -0.5x 1.4x 1.2x 2x
Capitalization / Revenue 6.96x 2.98x 3.98x 1.95x 1.65x 3.34x 3.11x 2.96x
EV / Revenue 7.07x 3.12x 4.01x 1.92x 1.6x 3.31x 3.08x 2.96x
EV / EBITDA 28.3x 17.3x 24x 11.3x 11.5x 19.4x 16.4x 16.7x
EV / EBIT 39x 26x 40.2x 19.6x 28.9x 40.6x 29.2x 25.9x
EV / FCF 10,304x 56.8x 17.4x 11.4x 13.2x 23.9x 36.6x 19.8x
FCF Yield 0.01% 1.76% 5.76% 8.8% 7.56% 4.18% 2.73% 5.05%
Dividend per Share 2 1 1.6 1.2 1.3 1.2 1.125 1.234 1.294
Rate of return 1.14% 3.44% 2.18% 5.31% 6.59% 2.85% 3.12% 3.28%
EPS 2 2.05 1.96 1.45 1.39 0.7 0.9162 1.181 1.353
Distribution rate 48.8% 81.6% 82.8% 93.5% 171% 123% 104% 95.6%
Net sales 1 14,938 18,456 16,344 14,833 13,075 13,820 14,816 15,585
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 1,125 1,564 1,777
Net income 1 2,426 2,317 1,720 1,648 832.7 1,085 1,400 1,602
Net Debt 1 1,703 2,680 460.4 -449.9 -533 -407.5 -510 -
Reference price 2 88.00 46.50 55.00 24.50 18.20 39.50 39.50 39.50
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, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
43.32x3.37x19.62x2.85% 1.41B
20.68x11.61x17.22x0.39% 4,719B
24.83x11.78x16x1.02% 2,004B
39.73x16.4x24.15x0.73% 1,715B
6.84x3.92x4.72x0.26% 1,005B
13.41x8.17x9.89x0.05% 1,102B
96.39x16.81x62.99x-.--% 844B
-335.86x10.51x31.3x-.--% 605B
260.28x55.69x117.9x-.--% 337B
7.9x4.08x4.99x1.25% 259B
Average 17.75x 14.23x 30.88x 0.65% 1,259B
Weighted average by Cap. 16.29x 12.69x 22.52x 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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