Company Valuation: Supalai

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 44,223 47,459 36,327 35,546 32,070 30,018 - -
Change - 7.32% -23.46% -2.15% -9.78% -6.4% - -
Enterprise Value (EV) 1 62,487 47,459 58,780 64,609 66,269 61,914 62,553 62,866
Change - -24.05% 23.85% 9.92% 2.57% -6.57% 1.03% 0.5%
P/E 6.25x 5.8x 6.06x 5.74x 8.13x 6.96x 6.67x 6.06x
PBR 1.05x - 0.72x 0.67x 0.6x 0.54x 0.52x 0.5x
PEG - 0.4x -0.2x 1.76x -0.2x 0.81x 1.54x 0.6x
Capitalization / Revenue 1.52x 1.38x 1.17x 1.14x 1.33x 1.18x 1.17x 1.1x
EV / Revenue 2.14x 1.38x 1.89x 2.07x 2.75x 2.43x 2.43x 2.3x
EV / EBITDA 7.4x 4.99x 7.96x 8.43x 14.2x 11.8x 11.5x 10.6x
EV / EBIT 7.51x 5.06x 8.11x 8.66x 14.8x 13.2x 12.7x 11.4x
EV / FCF 15.9x - -227x -69.5x 93.1x 10.6x 15.5x 12.3x
FCF Yield 6.28% - -0.44% -1.44% 1.07% 9.45% 6.45% 8.12%
Dividend per Share 2 1 - 1.45 1.35 1.4 1.263 1.274 1.376
Rate of return 4.41% - 7.8% 7.42% 8.24% 7.99% 8.07% 8.71%
EPS 2 3.63 4.19 3.07 3.17 2.09 2.271 2.369 2.607
Distribution rate 27.5% - 47.2% 42.6% 67% 55.6% 53.8% 52.8%
Net sales 1 29,160 34,486 31,177 31,194 24,124 25,466 25,705 27,366
EBITDA 1 8,444 9,514 7,386 7,665 4,680 5,258 5,447 5,927
EBIT 1 8,321 9,387 7,249 7,462 4,467 4,693 4,911 5,499
Net income 1 7,070 8,173 5,989 6,190 4,015 4,400 4,585 5,042
Net Debt 1 18,264 - 22,453 29,064 34,200 31,896 32,535 32,848
Reference price 2 22.70 24.30 18.60 18.20 17.00 15.80 15.80 15.80
Nbr of stocks (in thousands) 1,948,141 1,953,054 1,953,054 1,953,054 1,886,454 1,899,871 - -
Announcement Date 22/02/22 21/02/23 20/02/24 25/02/25 25/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
58.93x - - - 63.19B
12.4x4.35x11.16x3.88% 39.25B
8.2x1.47x8.16x4.31% 27.32B
5.61x0.73x1.51x8.77% 27.43B
17.64x3.92x15.78x1.39% 27.17B
13.58x3.06x14.64x2.57% 25.01B
9.74x1.9x7.83x4.31% 19.58B
7.63x0.84x3.08x2.93% 19.51B
7.9x2.84x6.61x-.--% 18.7B
Average 15.74x 2.39x 8.60x 3.52% 29.68B
Weighted average by Cap. 22.06x 2.55x 8.99x 3.7%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Supalai

Historical PBR trend

Valuation ratios - PBR - Supalai

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Supalai

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Supalai


Year-on-year evolution of the Yield

Valuation ratios - Yield - Supalai