Financials Newcity (Bangkok)

Equities

NC

TH0024010Z00

Apparel & Accessories

End-of-day quote Thailand S.E. 23:00:00 30/05/2024 BST 5-day change 1st Jan Change
2.56 THB -15.23% Intraday chart for Newcity (Bangkok) -16.34% -47.33%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 216.8 183.9 149.5 137.5 170.4 726.6
Enterprise Value (EV) 1 306.7 340.3 338.4 331 334.2 873.3
P/E ratio 11.4 x 22.1 x -4.15 x -5.92 x 18.4 x 35 x
Yield 2.41% 0.81% - - 1.23% 0.41%
Capitalization / Revenue 0.32 x 0.29 x 0.33 x 0.35 x 0.32 x 1.38 x
EV / Revenue 0.46 x 0.53 x 0.74 x 0.83 x 0.63 x 1.66 x
EV / EBITDA 18.8 x 29.7 x -11.7 x -11.5 x 24.7 x 30.5 x
EV / FCF 99.2 x -4.42 x -25.8 x 67 x 14.2 x 268 x
FCF Yield 1.01% -22.6% -3.88% 1.49% 7.04% 0.37%
Price to Book 0.49 x 0.41 x 0.34 x 0.3 x 0.37 x 1.54 x
Nbr of stocks (in thousands) 149,510 149,510 149,510 149,510 149,510 149,510
Reference price 2 1.450 1.230 1.000 0.9200 1.140 4.860
Announcement Date 22/02/19 21/02/20 19/02/21 25/02/22 24/02/23 22/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 669.4 641.2 457.8 397.2 526.8 527.6
EBITDA 1 16.31 11.44 -29.04 -28.72 13.52 28.63
EBIT 1 10.36 5.148 -34.76 -32.93 9.348 24.73
Operating Margin 1.55% 0.8% -7.59% -8.29% 1.77% 4.69%
Earnings before Tax (EBT) 1 20.64 8.482 -35.32 -31.72 7.545 22.52
Net income 1 19.09 8.313 -35.99 -23.25 9.258 20.75
Net margin 2.85% 1.3% -7.86% -5.85% 1.76% 3.93%
EPS 2 0.1277 0.0556 -0.2407 -0.1555 0.0619 0.1388
Free Cash Flow 1 3.09 -77.05 -13.11 4.937 23.54 3.263
FCF margin 0.46% -12.02% -2.86% 1.24% 4.47% 0.62%
FCF Conversion (EBITDA) 18.94% - - - 174.15% 11.39%
FCF Conversion (Net income) 16.19% - - - 254.24% 15.72%
Dividend per Share 2 0.0350 0.0100 - - 0.0140 0.0200
Announcement Date 22/02/19 21/02/20 19/02/21 25/02/22 24/02/23 22/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 89.9 156 189 193 164 147
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.511 x 13.67 x -6.505 x -6.738 x 12.11 x 5.123 x
Free Cash Flow 1 3.09 -77.1 -13.1 4.94 23.5 3.26
ROE (net income / shareholders' equity) 4.3% 1.86% -8.13% -5.21% 2.03% 4.47%
ROA (Net income/ Total Assets) 0.88% 0.42% -2.58% -2.34% 0.68% 1.88%
Assets 1 2,164 1,983 1,392 993.6 1,361 1,106
Book Value Per Share 2 2.990 3.010 2.910 3.050 3.040 3.160
Cash Flow per Share 2 0 0 0.0100 0.0300 0.1100 0.1600
Capex 1 4.35 5.3 3.73 1.25 3.09 5.59
Capex / Sales 0.65% 0.83% 0.82% 0.31% 0.59% 1.06%
Announcement Date 22/02/19 21/02/20 19/02/21 25/02/22 24/02/23 22/02/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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