Company Valuation: SCG Packaging

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 297,285 244,696 154,545 84,141 73,409 137,376 - -
Change - -17.69% -36.84% -45.56% -12.76% 87.14% - -
Enterprise Value (EV) 1 328,341 282,521 180,979 135,476 126,316 183,732 180,326 175,920
Change - -13.96% -35.94% -25.14% -6.76% 45.45% -1.85% -2.44%
P/E 35.9x 42.2x 29.5x 22.8x 18x 20.3x 18.9x 17.1x
PBR 3.07x 2.52x 2x 1.1x 0.81x 1.76x 1.65x 1.59x
PEG - -1.4x -3.06x -0.8x 1.7x 0.3x 2.52x 1.6x
Capitalization / Revenue 2.39x 1.68x 1.19x 0.63x 0.59x 1.04x 1x 0.96x
EV / Revenue 2.64x 1.93x 1.4x 1.02x 1.02x 1.39x 1.31x 1.24x
EV / EBITDA 15.5x 14.6x 10.9x 8.95x 7.25x 9.05x 8.67x 8.08x
EV / EBIT 25.6x 29.1x 24.3x 23.1x 20.6x 16.6x 15.9x 14.3x
EV / FCF -26.4x 80.4x 13.8x 16.3x 11.9x 18.1x 15.3x 13.7x
FCF Yield -3.79% 1.24% 7.25% 6.15% 8.4% 5.53% 6.55% 7.29%
Dividend per Share 2 0.65 0.6 0.55 0.55 - 0.7723 0.84 0.8954
Rate of return 0.94% 1.05% 1.53% 2.81% - 2.41% 2.62% 2.8%
EPS 2 1.93 1.35 1.22 0.86 0.95 1.575 1.693 1.875
Distribution rate 33.7% 44.4% 45.1% 64% - 49% 49.6% 47.8%
Net sales 1 124,223 146,068 129,398 132,784 124,374 132,436 137,241 142,393
EBITDA 1 21,150 19,402 16,646 15,132 17,424 20,294 20,800 21,762
EBIT 1 12,835 9,703 7,440 5,873 6,123 11,046 11,327 12,261
Net income 1 8,294 5,801 5,248 3,699 4,069 7,013 7,424 8,079
Net Debt 1 31,056 37,825 26,434 51,334 52,907 46,356 42,950 38,544
Reference price 2 69.25 57.00 36.00 19.60 17.10 32.00 32.00 32.00
Nbr of stocks (in thousands) 4,292,920 4,292,920 4,292,920 4,292,920 4,292,920 4,293,000 - -
Announcement Date 25/01/22 24/01/23 23/01/24 28/01/25 27/01/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.56x1.17x7.48x3.93% 24.56B
25.35x2.54x12.18x2.15% 22.23B
32.27x1.25x9.51x4.33% 21.95B
23.37x2.55x10.44x1.62% 7.26B
14.37x1.23x7.11x3.8% 5.58B
-170.55x0.91x8.28x2.12% 5.3B
18.34x2.23x13.26x3.71% 5B
8.49x1.35x9.65x1.12% 4.57B
14.88x1.11x7.44x3.73% 3.78B
Average -1.10x 1.59x 9.48x 2.94% 11.14B
Weighted average by Cap. 13.81x 1.64x 9.59x 3.21%

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