Company Valuation: SPCG

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 19,577 19,427 15,309 13,092 8,921 9,819
Change - -0.77% -21.2% -14.48% -31.85% 10.06%
Enterprise Value (EV) 1 21,307 20,782 14,275 10,205 5,930 8,393
Change - -2.46% -31.31% -28.51% -41.9% 41.54%
P/E 7.17x 7.75x 6.6x 7.12x 13.1x 26x
PBR 1.29x 1.16x 0.84x 0.68x 0.48x 0.61x
PEG - -0.5x -0.89x -0.3x -0.2x -0.6x
Capitalization / Revenue 3.98x 4.32x 3.51x 3.17x 4.35x 5.69x
EV / Revenue 4.33x 4.63x 3.28x 2.47x 2.89x 4.86x
EV / EBITDA 5.34x 5.54x 4.03x 3.49x 4.05x 7.87x
EV / EBIT 6.41x 6.72x 4.93x 4.48x 7.25x 20x
EV / FCF 8.06x -400x 5.6x 4.52x 5.31x 7.41x
FCF Yield 12.4% -0.25% 17.9% 22.1% 18.8% 13.5%
Dividend per Share 2 1.2 0.8 0.85 0.95 1.2 0.66
Rate of return 5.97% 4.35% 5.86% 7.66% 14.2% 7.1%
EPS 2 2.805 2.374 2.198 1.741 0.6464 0.3583
Distribution rate 42.8% 33.7% 38.7% 54.6% 186% 184%
Net sales 1 4,920 4,493 4,358 4,126 2,049 1,726
EBITDA 1 3,991 3,749 3,543 2,923 1,466 1,067
EBIT 1 3,322 3,092 2,893 2,278 817.9 420.5
Net income 1 2,732 2,479 2,320 1,838 682.5 378.3
Net Debt 1 1,730 1,356 -1,034 -2,886 -2,992 -1,426
Reference price 2 20.100 18.400 14.500 12.400 8.450 9.300
Nbr of stocks (in thousands) 973,990 1,055,790 1,055,790 1,055,790 1,055,790 1,055,790
Announcement Date 01/03/21 25/02/22 27/02/23 23/02/24 24/02/25 24/02/26
1THB in Million2THB
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 297M
-29.16x6.91x14.69x4.2% 12.09B
19.71x3.59x8.38x0.33% 7.96B
57.45x8.3x15.22x0.42% 6.97B
22.05x3.78x11.5x4.65% 5.67B
-16.52x118.67x-42.24x-.--% 4.85B
22.18x5.09x15.58x2.38% 1.27B
108.83x4.63x13.27x-.--% 1.01B
13.92x7.18x14.03x - 815M
5.96x - - - 656M
Average 22.71x 19.77x 6.30x 1.71% 4.16B
Weighted average by Cap. 9.77x 19.29x 6.28x 2.15%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA