Company Valuation: Sappe

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,035 13,642 26,667 20,866 9,319 9,315 - -
Change - 69.78% 95.48% -21.75% -55.34% -0.04% - -
Enterprise Value (EV) 1 8,035 13,353 26,122 20,105 8,636 8,510 8,296 8,269
Change - 66.19% 95.62% -23.03% -57.05% -1.46% -2.51% -0.33%
P/E 19.6x 20.9x 24.8x 16.6x 12.2x 12.7x 11.1x 9.75x
PBR 2.77x 4.19x 6.99x 4.76x 2.19x 1.99x 1.83x 1.7x
PEG - 0.4x 0.4x 1x -0.3x -2.97x 0.8x 0.7x
Capitalization / Revenue 2.33x 2.99x 4.41x 3.08x 1.77x 1.65x 1.53x 1.42x
EV / Revenue 2.33x 2.92x 4.32x 2.97x 1.64x 1.51x 1.36x 1.26x
EV / EBITDA 10.8x 13.1x 16.9x 11.1x 7.12x 7.03x 6.15x 5.67x
EV / EBIT 14.7x 16.1x 19.1x 12.8x 8.97x 8.96x 7.55x 6.86x
EV / FCF - 19.1x 29.4x -249x 25.4x 14.5x 12.6x 8.81x
FCF Yield - 5.24% 3.4% -0.4% 3.94% 6.88% 7.95% 11.4%
Dividend per Share 2 1.1 - - - - 1.509 1.69 1.913
Rate of return 4.19% - - - - 4.91% 5.5% 6.22%
EPS 2 1.34 2.12 3.49 4.07 2.53 2.422 2.776 3.155
Distribution rate 82.1% - - - - 62.3% 60.9% 60.6%
Net sales 1 3,444 4,566 6,053 6,775 5,253 5,649 6,080 6,538
EBITDA 1 743.4 1,018 1,546 1,804 1,213 1,211 1,349 1,459
EBIT 1 545.5 830.5 1,368 1,567 962.6 950.2 1,099 1,205
Net income 1 410.8 653.2 1,074 1,253 776.2 745 852.3 969.1
Net Debt 1 - -288.4 -544.7 -760.7 -683.1 -805 -1,019 -1,046
Reference price 2 26.25 44.25 86.50 67.75 30.75 30.75 30.75 30.75
Nbr of stocks (in thousands) 306,087 308,289 308,289 307,987 303,055 302,925 - -
Announcement Date 24/02/22 28/02/23 27/02/24 24/02/25 27/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.81x8x22.89x2.46% 372B
14.71x2.12x10.84x4.66% 171B
37.8x8.39x27.17x-.--% 85.24B
20.41x2.29x12.62x2.47% 44.38B
18.93x2.69x10.45x3.04% 42.04B
15.5x1.45x7.18x4.03% 22.72B
17.44x1.54x9.65x2.64% 20.5B
16.42x1.43x7.06x4.99% 18.11B
43.57x5.76x24.98x0.43% 15.44B
Average 23.40x 3.74x 14.76x 2.74% 88.02B
Weighted average by Cap. 23.65x 5.62x 18.39x 2.77%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Sappe

Historical PBR trend

Valuation ratios - PBR - Sappe

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Sappe

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Sappe


Year-on-year evolution of the Yield

Valuation ratios - Yield - Sappe