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 10,468 - -
Change - 27.43% -8.33% -3.79% -31.89% 10.4% - -
Enterprise Value (EV) 1 13,323 12,092 12,925 13,429 9,879 11,195 14,454 10,468
Change - -9.24% 6.89% 3.9% -26.44% 13.32% 29.11% -27.58%
P/E 86.9x 360x 41.3x -635x 216x 179x 110x 40.6x
PBR 1.11x 1.5x 1.41x 1.39x 0.94x 1.05x 1.04x -
PEG - -5.2x 0x 6x -1x 5.4x 1.8x 0x
Capitalization / Revenue 3.75x 5.1x 5.51x 5.77x 3.83x 5.07x 3.62x 3.68x
EV / Revenue 4.03x 3.91x 4.92x 5.57x 3.99x 5.42x 5x 3.68x
EV / EBITDA 11.2x 10.9x 14.4x 23.2x 12.2x 16.7x 13.9x 8.96x
EV / EBIT 193x 24.9x 51.9x -637x 76x -46.1x 187x 29.3x
EV / FCF 11.6x 6.23x -27.8x -11x -6.86x -11.1x -5.28x 15.1x
FCF Yield 8.65% 16.1% -3.59% -9.06% -14.6% -8.99% -19% 6.61%
Dividend per Share 2 - 0.5 0.13 - - - 0.05 -
Rate of return - 3.47% 0.98% - - - 0.52% -
EPS 2 0.13 0.04 0.32 -0.02 0.04 0.0533 0.0867 0.235
Distribution rate - 1,250% 40.6% - - - 57.7% -
Net sales 1 3,303 3,096 2,627 2,413 2,474 2,066 2,889 2,846
EBITDA 1 1,189 1,107 899 579.9 809.4 671.7 1,037 1,168
EBIT 1 69.19 486.3 249 -21.09 130 -243 77.5 357
Net income 1 143.6 42.21 353.6 -22.84 40 60.33 95.67 262
Net Debt 1 936.8 -3,692 -1,543 -491.6 397.3 727 3,986 -
Reference price 2 11.300 14.400 13.200 12.700 8.650 9.550 9.550 9.550
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.($)
179.07x5.42x16.67x-.--% 310M
700.68x41.01x82.35x - 2,018B
13.4x2.54x6.42x2.83% 158B
33.84x5.43x22.55x0.25% 161B
10.45x2.22x5.99x5.3% 141B
30.82x5.58x9.78x1.68% 130B
7.43x1.32x4.78x6.05% 77.55B
18.41x2.13x8.08x3.79% 70.86B
14.24x2.34x7.65x2.95% 68.74B
13.27x1.42x4.81x3.42% 36.43B
Average 102.16x 6.94x 16.91x 2.92% 286.17B
Weighted average by Cap. 499.82x 29.89x 61.01x 2.98%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Thaicom

Historical PBR trend

Valuation ratios - PBR - Thaicom

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Thaicom

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Thaicom


Year-on-year evolution of the Yield

Valuation ratios - Yield - Thaicom