Company Valuation: Thaicom

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,386 15,784 14,469 13,920 9,481 11,728 - -
Change - 27.43% -8.33% -3.79% -31.89% 23.7% - -
Enterprise Value (EV) 1 13,323 12,092 12,925 13,429 9,879 12,424 15,588 11,728
Change - -9.24% 6.89% 3.9% -26.44% 25.77% 25.47% -24.76%
P/E 86.9x 360x 41.3x -635x 216x 54.9x 91.7x 45.5x
PBR 1.11x 1.5x 1.41x 1.39x 0.94x 1.17x 1.15x -
PEG - -5.2x 0x 6x -1x 0x -2.3x 0x
Capitalization / Revenue 3.75x 5.1x 5.51x 5.77x 3.83x 5.63x 4.01x 4.12x
EV / Revenue 4.03x 3.91x 4.92x 5.57x 3.99x 5.96x 5.33x 4.12x
EV / EBITDA 11.2x 10.9x 14.4x 23.2x 12.2x 16.3x 13.7x 7.17x
EV / EBIT 193x 24.9x 51.9x -637x 76x -55.2x 110x 19.9x
EV / FCF 11.6x 6.23x -27.8x -11x -6.86x -7.38x -5.79x 16.9x
FCF Yield 8.65% 16.1% -3.59% -9.06% -14.6% -13.5% -17.3% 5.9%
Dividend per Share 2 - 0.5 0.13 - - - 0.05 -
Rate of return - 3.47% 0.98% - - - 0.47% -
EPS 2 0.13 0.04 0.32 -0.02 0.04 0.195 0.1167 0.235
Distribution rate - 1,250% 40.6% - - - 42.9% -
Net sales 1 3,303 3,096 2,627 2,413 2,474 2,083 2,922 2,846
EBITDA 1 1,189 1,107 899 579.9 809.4 764 1,142 1,636
EBIT 1 69.19 486.3 249 -21.09 130 -225 142 589
Net income 1 143.6 42.21 353.6 -22.84 40 72.33 128.7 262
Net Debt 1 936.8 -3,692 -1,543 -491.6 397.3 696 3,860 -
Reference price 2 11.30 14.40 13.20 12.70 8.65 10.70 10.70 10.70
Nbr of stocks (in thousands) 1,096,102 1,096,102 1,096,102 1,096,102 1,096,102 1,096,102 - -
Announcement Date 04/02/22 10/02/23 08/02/24 07/02/25 10/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-550x6.12x16.69x0.64% 365M
8.38x1.41x5.12x5.24% 89.43B
2.48x2.48x16.77x-.--% 25.9B
-46.21x135.72x-84.46x-.--% 20.54B
54.4x7.27x13.76x1.26% 5.23B
23.45x4.68x11.26x2.1% 4.11B
-6.58x3.34x6.36x-.--% 2.8B
-14.66x2.37x5.49x9.33% 2.59B
-122.88x9.47x56.41x - 2.47B
Average -72.40x 19.21x 5.27x 2.32% 17.05B
Weighted average by Cap. -2.06x 20.05x -3.57x 3.37%

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