Financials NFC

Equities

NFC

TH0586D10Z02

Agricultural Chemicals

End-of-day quote Thailand S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
2.82 THB -0.70% Intraday chart for NFC -4.08% -9.03%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,983 2,219 3,068 4,134 5,657 3,372
Enterprise Value (EV) 1 5,613 2,215 4,468 6,036 10,811 8,819
P/E ratio 116 x -64.4 x -350 x 11.7 x 37.6 x 18.6 x
Yield 0.78% - - - 3.46% -
Capitalization / Revenue 5.07 x 1.88 x 4.26 x 3.03 x 2.06 x 1.87 x
EV / Revenue 4.76 x 1.87 x 6.21 x 4.42 x 3.94 x 4.89 x
EV / EBITDA 41.5 x 23.2 x 63.6 x 163 x 54.1 x 18.9 x
EV / FCF 493 x 51.3 x -10.6 x -6.22 x 29 x 95.3 x
FCF Yield 0.2% 1.95% -9.43% -16.1% 3.45% 1.05%
Price to Book 5.91 x 2.37 x 3.31 x 3.23 x 3.97 x 2.39 x
Nbr of stocks (in thousands) 1,087,833 1,087,833 1,087,833 1,087,833 1,087,833 1,087,833
Reference price 2 5.500 2.040 2.820 3.800 5.200 3.100
Announcement Date 27/02/19 27/02/20 23/02/21 24/02/22 23/02/23 28/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,180 1,182 719.3 1,364 2,746 1,803
EBITDA 1 135.4 95.41 70.3 37.05 199.9 465.5
EBIT 1 27.38 -10.14 -13.58 -28.7 152.5 390.1
Operating Margin 2.32% -0.86% -1.89% -2.1% 5.55% 21.64%
Earnings before Tax (EBT) 1 40.07 1.179 -12.15 418.5 138.3 176.9
Net income 1 51.4 -34.49 -8.763 352.9 150.4 181
Net margin 4.36% -2.92% -1.22% 25.87% 5.47% 10.04%
EPS 2 0.0472 -0.0317 -0.008055 0.3244 0.1382 0.1664
Free Cash Flow 1 11.38 43.21 -421.3 -970.4 373.2 92.5
FCF margin 0.96% 3.66% -58.58% -71.14% 13.59% 5.13%
FCF Conversion (EBITDA) 8.41% 45.29% - - 186.74% 19.87%
FCF Conversion (Net income) 22.14% - - - 248.22% 51.09%
Dividend per Share 2 0.0430 - - - 0.1800 -
Announcement Date 27/02/19 27/02/20 23/02/21 24/02/22 23/02/23 28/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 1,400 1,902 5,154 5,447
Net Cash position 1 370 4.42 - - - -
Leverage (Debt/EBITDA) - - 19.91 x 51.35 x 25.79 x 11.7 x
Free Cash Flow 1 11.4 43.2 -421 -970 373 92.5
ROE (net income / shareholders' equity) 5.17% -3.59% -1% 32% 11.1% 12.8%
ROA (Net income/ Total Assets) 1.32% -0.48% -0.42% -0.55% 1.68% 3.16%
Assets 1 3,884 7,155 2,087 -64,384 8,971 5,727
Book Value Per Share 2 0.9300 0.8600 0.8500 1.180 1.310 1.300
Cash Flow per Share 2 0.2600 0.0800 0.1000 0.2100 0.5700 0.3300
Capex 1 21.3 89.4 808 419 396 231
Capex / Sales 1.81% 7.57% 112.4% 30.68% 14.42% 12.79%
Announcement Date 27/02/19 27/02/20 23/02/21 24/02/22 23/02/23 28/02/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA