Company Valuation: Sabina

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,880 8,097 8,948 7,054 5,699 5,317 - -
Change - 17.68% 10.52% -21.17% -19.21% -6.71% - -
Enterprise Value (EV) 7,215 8,351 9,295 7,256 5,597 5,317 5,317 5,317
Change - 15.74% 11.31% -21.94% -22.86% -5.01% 0% 0%
P/E 23.3x 19.4x 19.4x 15.1x 13.9x 12.6x 11.8x 11.2x
PBR 3.74x 4.34x 4.79x 3.84x 3.11x 2.88x 2.87x -
PEG - 0.5x 1.8x 20.08x -1.2x 4.96x 1.68x 1.93x
Capitalization / Revenue 2.61x 2.56x 2.61x 1.98x 1.71x 1.58x 1.51x 1.5x
EV / Revenue 0x 0x 0x 0x 0x 1.58x 1.51x 1.5x
EV / EBITDA 0x 0x 0x 0x 0x 9.02x 8.56x 7.98x
EV / EBIT - - - - - - 9,864,100x -
EV / FCF - - - - - - 11,894,295x -
FCF Yield - - - - - - 0% -
Dividend per Share 2 0.85 1.2 1.33 1.34 1.18 1.21 1.295 1.36
Rate of return 4.29% 5.15% 5.17% 6.6% 7.2% 7.91% 8.46% 8.89%
EPS 2 0.85 1.2 1.33 1.34 1.18 1.21 1.295 1.37
Distribution rate 100% 100% 100% 100% 100% 100% 100% 99.3%
Net sales 1 2,631 3,168 3,431 3,566 3,326 3,363 3,510 3,555
EBITDA 1 413.5 559.3 667.4 669.4 576 589.5 621 666
EBIT 373 520.1 586.4 591.7 499.4 - 539 -
Net income 1 294.2 417.2 462.5 464.4 410.8 423 444 475
Net Debt 335 254.1 346.9 201.8 -101.7 - - -
Reference price 2 19.80 23.30 25.75 20.30 16.40 15.30 15.30 15.30
Nbr of stocks (in thousands) 347,500 347,500 347,500 347,500 347,500 347,500 - -
Announcement Date 21/02/22 20/02/23 22/02/24 25/02/25 19/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.64x - - 7.91% 158M
17.75x2.68x8.86x3.31% 220B
30.64x7.64x16.86x1.48% 161B
24.9x3.99x14.06x2.31% 124B
65.27x4.65x43.42x0.4% 43.34B
11.54x1.74x6x4.01% 26.2B
19.25x2.53x12.83x1.08% 21.21B
18.84x3.6x8.88x3.1% 13.72B
10.25x1.16x7.56x7.13% 13.54B
Average 23.46x 3.50x 14.81x 3.41% 69.28B
Weighted average by Cap. 25.45x 4.30x 14.34x 2.47%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield