Financials Light Up Total Solution

Equities

LTS

THC084010006

Electrical Components & Equipment

End-of-day quote Thailand S.E. 23:00:00 27/06/2024 BST 5-day change 1st Jan Change
8.2 THB -4.65% Intraday chart for Light Up Total Solution +6.49% 0.00%

Valuation

Fiscal Period: December 2024 2025
Capitalization 1 1,694 -
Enterprise Value (EV) 1 1,694 1,694
P/E ratio 25.6 x 19.1 x
Yield 1.59% 2.07%
Capitalization / Revenue 3.86 x 3.25 x
EV / Revenue 3.86 x 3.25 x
EV / EBITDA 18.6 x 14.4 x
EV / FCF -32 x -42.4 x
FCF Yield -3.13% -2.36%
Price to Book 4.82 x 4.32 x
Nbr of stocks (in thousands) 206,600 -
Reference price 2 8.200 8.200
Announcement Date - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2023 2024 2025
Net sales 1 - 439 521
EBITDA 1 - 91 118
EBIT 1 - 86 112
Operating Margin - 19.59% 21.5%
Earnings before Tax (EBT) 1 - 83 111
Net income 1 31.43 67 89
Net margin - 15.26% 17.08%
EPS 2 0.2100 0.3200 0.4300
Free Cash Flow 1 - -53 -40
FCF margin - -12.07% -7.68%
FCF Conversion (EBITDA) - - -
FCF Conversion (Net income) - - -
Dividend per Share 2 - 0.1300 0.1700
Announcement Date 16/05/24 - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2024 Q2
Net sales 1 90
EBITDA 1 21.4
EBIT 1 20.6
Operating Margin 22.89%
Earnings before Tax (EBT) 1 20
Net income 1 15.8
Net margin 17.56%
EPS -
Dividend per Share -
Announcement Date -
1THB in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2023 2024 2025
Net Debt - - -
Net Cash position - - -
Leverage (Debt/EBITDA) - - -
Free Cash Flow 1 - -53 -40
ROE (net income / shareholders' equity) - 19.3% 22.3%
ROA (Net income/ Total Assets) - 15.2% 18.9%
Assets 1 - 440.8 470.9
Book Value Per Share 2 - 1.700 1.900
Cash Flow per Share - - -
Capex 1 - 50 50
Capex / Sales - 11.39% 9.6%
Announcement Date 16/05/24 - -
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

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
8.2 THB
Average target price
9.7 THB
Spread / Average Target
+18.29%
Consensus

Annual profits - Rate of surprise

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