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 29,638 - -
Change - 7.32% -23.46% -2.15% -9.78% -7.58% - -
Enterprise Value (EV) 1 62,487 47,459 58,780 64,609 66,269 61,534 62,173 62,486
Change - -24.05% 23.85% 9.92% 2.57% -7.15% 1.04% 0.5%
P/E 6.25x 5.8x 6.06x 5.74x 8.13x 6.87x 6.58x 5.98x
PBR 1.05x - 0.72x 0.67x 0.6x 0.53x 0.51x 0.49x
PEG - 0.4x -0.2x 1.76x -0.2x 0.79x 1.51x 0.6x
Capitalization / Revenue 1.52x 1.38x 1.17x 1.14x 1.33x 1.16x 1.15x 1.08x
EV / Revenue 2.14x 1.38x 1.89x 2.07x 2.75x 2.42x 2.42x 2.28x
EV / EBITDA 7.4x 4.99x 7.96x 8.43x 14.2x 11.7x 11.4x 10.5x
EV / EBIT 7.51x 5.06x 8.11x 8.66x 14.8x 13.1x 12.7x 11.4x
EV / FCF 15.9x - -227x -69.5x 93.1x 10.5x 15.4x 12.2x
FCF Yield 6.28% - -0.44% -1.44% 1.07% 9.51% 6.49% 8.17%
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% 8.09% 8.17% 8.82%
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 15.60 15.60 15.60
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.($)
6.91x2.42x11.74x8.04% 888M
60.02x - - - 64.24B
12.8x4.47x11.46x3.76% 40.5B
8.33x1.48x8.23x4.24% 27.75B
5.56x0.72x1.48x8.85% 27.19B
17.15x3.86x15.54x1.43% 26.36B
13.35x3.04x14.53x2.62% 24.55B
8.64x3.06x7.14x-.--% 20.42B
10.03x1.96x8.09x4.19% 20.16B
7.65x0.85x3.08x2.92% 19.56B
Average 15.04x 2.43x 9.03x 4.01% 27.16B
Weighted average by Cap. 22.35x 2.60x 9.06x 3.67%

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