Company Valuation: Pacific Pipe

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,416 3,115 2,455 1,690 1,096 1,373
Change - 28.96% -21.19% -31.18% -35.16% 25.3%
Enterprise Value (EV) 1 3,889 4,903 4,102 3,079 2,545 2,717
Change - 26.06% -16.33% -24.93% -17.36% 6.79%
P/E 11.9x 5.62x -7.29x -30.1x -5.38x 17.1x
PBR 0.97x 1.06x 1.2x 0.84x 0.61x 0.73x
PEG - 0x 0x 0.4x -0x -0x
Capitalization / Revenue 0.33x 0.32x 0.25x 0.19x 0.15x 0.19x
EV / Revenue 0.53x 0.5x 0.42x 0.35x 0.34x 0.37x
EV / EBITDA 9.52x 5.74x -20.7x 40.9x -35.7x 12.6x
EV / EBIT 13.6x 6.62x -13.3x -133x -15.5x 20.9x
EV / FCF 75.9x -16.9x 5.1x 11.7x 1,028x 31x
FCF Yield 1.32% -5.93% 19.6% 8.52% 0.1% 3.22%
Dividend per Share 2 0.18 0.84 - - - 0.08
Rate of return 4.92% 17.8% - - - 3.85%
EPS 2 0.3076 0.8404 -0.51 -0.0851 -0.3087 0.1218
Distribution rate 58.5% 99.9% - - - 65.7%
Net sales 1 7,382 9,716 9,871 8,727 7,475 7,273
EBITDA 1 408.4 854 -197.9 75.27 -71.28 216
EBIT 1 287 740.1 -308.1 -23.2 -164.6 130
Net income 1 203 554.7 -335 -56.15 -203.8 80.38
Net Debt 1 1,474 1,788 1,647 1,390 1,449 1,345
Reference price 2 3.660 4.720 3.720 2.560 1.660 2.080
Nbr of stocks (in thousands) 660,000 660,000 660,000 660,000 660,000 660,000
Announcement Date 19/02/21 22/02/22 23/02/23 22/02/24 24/02/25 25/02/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 47.92M
20.62x1.8x9.82x0.55% 31.81B
10.82x0.43x4.04x5.23% 17.78B
29.92x2.34x13.24x0.22% 11.33B
77.35x6.35x35.83x0.38% 10.71B
10x - - - 10.03B
16.1x0.87x7.35x5.72% 9.56B
72.15x1.34x13.56x1.11% 9.04B
8.17x0.5x3.82x6.03% 8.33B
Average 30.64x 1.95x 12.52x 2.75% 12.07B
Weighted average by Cap. 27.54x 1.87x 11.59x 2.35%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. PAP Stock
  4. Valuation Pacific Pipe