Company Valuation: Starflex

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,141 2,444 2,835 2,220 2,356 2,287 - -
Change - -40.99% 16% -21.67% 6.1% -2.92% - -
Enterprise Value (EV) 4,141 2,444 2,835 2,832 2,913 2,287 2,287 2,287
Change - -40.99% 16% -0.1% 2.86% -21.49% 0% 0%
P/E 28.1x 42.6x 15.6x 7.94x 9.81x 9.63x 9.63x 9.33x
PBR - - 2.85x 1.96x 2.08x 2.01x 1.79x 1.74x
PEG - -0.7x 0x 0.1x -0.9x ∞x - 2.99x
Capitalization / Revenue 2.47x 1.46x 1.58x 1.19x 1.2x 1.1x 1.05x 0.99x
EV / Revenue 0x 0x 0x 0x 0x 1.1x 1.05x 0.99x
EV / EBITDA 0x 0x 0x 0x 0x 6.55x 6.27x 5.99x
EV / EBIT - - 0x 0x 0x 8.23x 7.86x 7.47x
EV / FCF -0x 0x 0x 0x 0x 10.9x 9.57x 20.6x
FCF Yield -3.15% 1.27% 6.65% 4.86% 12.6% 9.21% 10.5% 4.85%
Dividend per Share 2 0.085 - 0.075 0.133 0.104 0.11 0.11 0.11
Rate of return 1.68% - 2.09% 4.65% 3.31% 3.57% 3.57% 3.57%
EPS 2 0.18 0.07 0.23 0.36 0.32 0.32 0.32 0.33
Distribution rate 47.2% - 32.6% 36.9% 32.5% 34.4% 34.4% 33.3%
Net sales 1 1,674 1,669 1,795 1,869 1,963 2,081 2,176 2,306
EBITDA 1 222.9 124.2 265.2 332.5 332.6 349 365 382
EBIT 1 - - 207 266.2 261.9 278 291 306
Net income 1 149.8 55.07 184.3 280.8 243.2 251 257 260
Net Debt - - - 611.4 556.9 - - -
Reference price 2 5.050 2.980 3.580 2.860 3.140 3.080 3.080 3.080
Nbr of stocks (in thousands) 820,000 820,000 791,793 776,337 750,235 742,480 - -
Announcement Date 25/02/22 22/02/23 27/02/24 26/02/25 25/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.63x - - 3.57% 69.13M
17.73x1.48x10.26x1.29% 16.45B
19.02x1.83x11.19x2.19% 13.72B
16.25x1.32x8.61x1.16% 12.98B
18.09x2.14x10.25x1.57% 11.24B
29.04x1.09x8.14x2.85% 8.85B
15.63x - - 2.55% 4.57B
12.79x1.03x7.06x2.07% 4.3B
16.45x2.16x9.5x5.8% 2.99B
Average 17.18x 1.58x 9.29x 2.56% 8.35B
Weighted average by Cap. 18.62x 1.58x 9.64x 1.96%

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