Stock MINT-R MINOR INTERNATIONAL
Add to a list
To use this feature you must be a member
Log inSign up

Financials Minor International Thailand S.E.

Equities

MINT-R

TH0128010R17

Hotels, Motels & Cruise Lines

End-of-day quote Thailand S.E.
Other stock markets
 23:00:00 27/05/2024 BST 		5-day change 1st Jan Change
32.25 THB +2.38% Intraday chart for Minor International 0.00% +9.32%
05-14 Minor International Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
02-09 Transcript : Minor International Public Company Limited, 2023 Earnings Call, Feb 09, 2024

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 166,284 133,445 149,896 170,119 165,076 182,857 - -
Enterprise Value (EV) 1 265,327 338,198 256,679 170,119 253,374 265,888 260,888 258,251
P/E ratio 17.7 x -5.47 x -10.2 x 60.8 x 45.4 x 23.4 x 19.8 x 17.5 x
Yield 1.11% - - - - 1.49% 1.82% 2.2%
Capitalization / Revenue 1.4 x 2.38 x 2.16 x 1.42 x 1.11 x 1.14 x 1.08 x 1.04 x
EV / Revenue 2.23 x 6.04 x 3.69 x 1.42 x 1.7 x 1.65 x 1.54 x 1.46 x
EV / EBITDA 10.4 x 335 x 22.7 x 4.85 x 6.23 x 6.19 x 5.8 x 5.5 x
EV / FCF 230 x -39.8 x 29.7 x - 8.67 x 11.9 x 13 x 10.9 x
FCF Yield 0.44% -2.51% 3.37% - 11.5% 8.38% 7.7% 9.16%
Price to Book 2.2 x 1.99 x 2.2 x - 2.15 x 2.21 x 2.07 x 1.95 x
Nbr of stocks (in thousands) 4,619,005 5,182,335 5,213,770 5,275,015 5,595,798 5,669,977 - -
Reference price 2 36.00 25.75 28.75 32.25 29.50 32.25 32.25 32.25
Announcement Date 27/02/20 25/02/21 25/02/22 23/02/23 08/02/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 119,025 55,955 69,481 119,929 149,340 160,663 168,927 176,476
EBITDA 1 25,455 1,009 11,323 35,073 40,673 42,925 44,986 46,974
EBIT 1 16,541 -17,232 -8,619 15,798 20,273 22,547 23,425 24,823
Operating Margin 13.9% -30.8% -12.4% 13.17% 13.58% 14.03% 13.87% 14.07%
Earnings before Tax (EBT) 1 13,287 -25,149 -17,813 6,931 9,596 12,341 14,585 16,845
Net income 1 10,698 -21,407 -13,167 4,286 5,407 8,055 9,571 10,858
Net margin 8.99% -38.26% -18.95% 3.57% 3.62% 5.01% 5.67% 6.15%
EPS 2 2.037 -4.708 -2.830 0.5300 0.6500 1.378 1.626 1.842
Free Cash Flow 1 1,155 -8,503 8,642 - 29,231 22,273 20,101 23,657
FCF margin 0.97% -15.2% 12.44% - 19.57% 13.86% 11.9% 13.41%
FCF Conversion (EBITDA) 4.54% - 76.33% - 71.87% 51.89% 44.68% 50.36%
FCF Conversion (Net income) 10.79% - - - 540.61% 276.51% 210.02% 217.88%
Dividend per Share 2 0.4000 - - - - 0.4793 0.5858 0.7089
Announcement Date 27/02/20 25/02/21 25/02/22 23/02/23 08/02/24 - - -
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 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 25,720 24,315 19,688 31,454 51,142 33,930 34,856 30,681 39,738 38,904 38,807 36,523 37,838 41,128 49,024 - -
EBITDA 1,669 3,314 1,567 - - 11,419 10,115 6,236 12,672 10,934 10,831 8,973 - - - - -
EBIT 1 -8,194 -1,695 -3,123 4,033 909.4 6,486 5,301 707.8 7,754 5,303 4,862 3,635 5,744 6,434 8,144 - -
Operating Margin -31.86% -6.97% -15.86% 12.82% 1.78% 19.11% 15.21% 2.31% 19.51% 13.63% 12.53% 9.95% 15.18% 15.64% 16.61% - -
Earnings before Tax (EBT) -13,346 -3,360 -4,141 2,634 - 5,591 2,847 -0.7543 4,884 3,384 2,409 1,739 - - - - -
Net income 1 -11,174 -1,557 -3,794 1,561 -2,232 4,608 1,911 -975.9 3,255 2,144 4,423 1,146 3,200 - - - -
Net margin -43.44% -6.4% -19.27% 4.96% -4.36% 13.58% 5.48% -3.18% 8.19% 5.51% 11.4% 3.14% 8.46% - - - -
EPS -2.310 -0.3700 -0.7800 0.2200 -0.5700 0.8000 0.2800 -0.2700 0.5100 0.3100 0.1000 0.1300 - - - - -
Dividend per Share 2 - - - - - - - - 0.2500 - - - 0.5897 - - - -
Announcement Date 13/08/21 25/02/22 13/05/22 11/08/22 11/08/22 10/11/22 23/02/23 08/05/23 11/08/23 09/11/23 08/02/24 14/05/24 - - - - -
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 99,043 204,753 106,783 - 88,298 83,031 78,031 75,395
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.891 x 202.9 x 9.431 x - 2.171 x 1.934 x 1.735 x 1.605 x
Free Cash Flow 1 1,155 -8,503 8,642 - 29,231 22,273 20,101 23,657
ROE (net income / shareholders' equity) 14.6% -30.1% -19.5% - 7.32% 9.78% 10.5% 11.4%
ROA (Net income/ Total Assets) 4.1% -6.94% -3.6% - 1.51% 2.25% 2.59% 2.91%
Assets 1 261,135 308,463 365,980 - 358,701 357,975 369,620 373,648
Book Value Per Share 2 16.30 12.90 13.00 - 13.70 14.60 15.60 16.60
Cash Flow per Share 2 3.960 -0.4300 3.140 - 6.940 5.360 5.530 5.790
Capex 1 13,611 6,003 4,383 - 8,786 17,782 11,286 10,617
Capex / Sales 11.44% 10.73% 6.31% - 5.88% 11.07% 6.68% 6.02%
Announcement Date 27/02/20 25/02/21 25/02/22 23/02/23 08/02/24 - - -
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

Ratings for Minor International

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
32.25 THB
Average target price
39.84 THB
Spread / Average Target
+23.53%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Hotels, Motels & Cruise Lines

1st Jan change Capi.
MARRIOTT INTERNATIONAL, INC. Stock Marriott International, Inc.
+3.83% 67.58B
HILTON WORLDWIDE HOLDINGS INC. Stock Hilton Worldwide Holdings Inc.
+9.84% 50.82B
INTERCONTINENTAL HOTELS GROUP PLC Stock Intercontinental Hotels Group PLC
+10.49% 16.39B
ACCOR Stock Accor
+17.46% 10.53B
THE INDIAN HOTELS COMPANY LIMITED Stock The Indian Hotels Company Limited
+30.57% 9.96B
HILTON GRAND VACATIONS INC. Stock Hilton Grand Vacations Inc.
+4.01% 4.28B
ASSET WORLD CORP Stock Asset World Corp
+10.11% 3.39B
EIH LIMITED Stock EIH Limited
+72.57% 3.34B
MARRIOTT VACATIONS WORLDWIDE CORPORATION Stock Marriott Vacations Worldwide Corporation
+9.97% 3.28B
Other Hotels, Motels & Cruise Lines
  1. Stock Market
  2. Equities
  3. MINT Stock
  4. MINT-R Stock
  5. Financials Minor International