Company Valuation: Nusasiri

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,216 7,800 13,742 3,920 2,483 3,267
Change - 251.99% 76.18% -71.48% -36.67% 31.62%
Enterprise Value (EV) 1 5,493 11,354 18,400 8,024 6,548 7,506
Change - 106.7% 62.06% -56.39% -18.39% 14.63%
P/E -2.39x -8.82x -29.5x -5.26x -1.23x -0.8x
PBR 0.45x 1.82x 1.51x 0.41x 0.35x 0.56x
PEG - 0.93x 0.5x -0.1x -0x -0x
Capitalization / Revenue 3.39x 4.91x 7.45x 3.09x 2.39x 3.7x
EV / Revenue 8.41x 7.14x 9.98x 6.32x 6.31x 8.51x
EV / EBITDA -19.7x -64.3x 247x -13.8x -3.43x -2.8x
EV / EBIT -13.1x -35.9x -464x -12.3x -3.32x -2.73x
EV / FCF -145x 346x -6.17x -44x -5.85x -9.69x
FCF Yield -0.69% 0.29% -16.2% -2.27% -17.1% -10.3%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.1215 -0.11 -0.04 -0.057 -0.154 -0.1878
Distribution rate - - - - - -
Net sales 1 653.3 1,589 1,844 1,270 1,038 882.3
EBITDA 1 -279 -176.7 74.44 -582.4 -1,910 -2,680
EBIT 1 -420.1 -316.4 -39.66 -654 -1,970 -2,749
Net income 1 -928.1 -889.1 -417.2 -708.9 -2,012 -2,935
Net Debt 1 3,277 3,554 4,659 4,104 4,066 4,238
Reference price 2 0.2900 0.9700 1.1800 0.3000 0.1900 0.1500
Nbr of stocks (in thousands) 7,641,083 8,041,083 11,645,714 13,066,222 13,066,222 21,783,239
Announcement Date 09/03/21 12/03/22 03/03/23 04/03/24 27/02/25 28/02/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 162M
60.45x - - - 64.84B
12.53x4.39x11.26x3.84% 39.66B
18.95x4.08x16.42x1.29% 29.2B
5.7x0.76x1.57x8.68% 27.72B
8.25x1.49x8.35x4.29% 27.48B
14.28x3.13x14.99x2.45% 26.31B
10x1.96x8.06x4.2% 20.11B
7.43x0.82x2.99x3.01% 18.99B
13.34x6.46x16.98x1.63% 19.09B
Average 16.77x 2.89x 10.08x 3.67% 27.36B
Weighted average by Cap. 23.14x 2.95x 10.24x 3.77%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Nusasiri

Historical PBR trend

Valuation ratios - PBR - Nusasiri

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Nusasiri

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Nusasiri