Company Valuation: Triple i Logistics

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,249 9,141 7,813 4,383 3,120 3,780 - -
Change - -1.16% -14.54% -43.89% -28.83% 21.18% - -
Enterprise Value (EV) 1 9,697 9,254 8,037 4,714 3,560 4,169 4,064 3,704
Change - -4.57% -13.15% -41.35% -24.48% 17.11% -2.52% -8.85%
P/E 26.4x 11.8x 9.43x 9.93x 7.97x 9.65x 8.2x 8.07x
PBR 5.3x 3.42x 2.06x 1.12x 0.79x 0.95x 0.9x 0.85x
PEG - 0.1x -1.59x -0.2x -0.82x 70.21x 0.5x 4.84x
Capitalization / Revenue 3.15x 3.28x 4.43x 1.83x 1.26x 1.44x 1.23x 1.33x
EV / Revenue 3.3x 3.32x 4.55x 1.97x 1.44x 1.59x 1.32x 1.31x
EV / EBITDA 28.2x 25.9x 57.1x 36.7x 25.3x 23x 17.7x 17.7x
EV / EBIT 39.8x 34.5x 127x 94.3x 55.8x 48.8x 32.8x 31.7x
EV / FCF 104x 27.8x -31.9x 37.4x 24.8x 8.69x 9.31x 5.55x
FCF Yield 0.96% 3.59% -3.14% 2.67% 4.02% 11.5% 10.7% 18%
Dividend per Share 2 0.4 - 0.38 0.32 0.25 0.275 0.305 0.31
Rate of return 2.68% - 3.82% 5.71% 6.16% 5.59% 6.2% 6.3%
EPS 2 0.5634 1.121 1.055 0.5639 0.5093 0.51 0.6 0.61
Distribution rate 71% - 36% 56.7% 49.1% 53.9% 50.8% 50.8%
Net sales 1 2,939 2,789 1,764 2,398 2,478 2,622 3,068 2,833
EBITDA 1 344.1 357.7 140.6 128.3 141 181.5 229.5 209
EBIT 1 243.8 268.2 63.39 50 63.79 85.5 124 117
Net income 1 377.3 795.7 866.2 441.4 393.6 442.5 482.5 495
Net Debt 1 448.7 112.9 224.5 330.6 440.4 388.6 283.5 -76
Reference price 2 14.900 13.200 9.950 5.600 4.060 4.920 4.920 4.920
Nbr of stocks (in thousands) 620,710 692,532 785,181 782,753 768,356 768,356 - -
Announcement Date 23/02/22 21/02/23 21/02/24 19/02/25 27/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.45x1.56x22.55x5.71% 110M
15.63x1.11x8.1x6.92% 80.65B
15.95x0.97x7.14x3.55% 69.94B
14.25x0.86x7.63x2.02% 68.77B
28.28x1.18x10.12x0.6% 41.24B
12.56x9.22x28.57x5.43% 41.38B
25.56x1.2x12.8x2.97% 32.89B
24.81x1.86x17.73x0.8% 25.37B
14.18x0.41x4.06x2.94% 23.31B
10.48x1.52x5.6x4.03% 15.71B
Average 17.11x 1.99x 12.43x 3.5% 39.94B
Weighted average by Cap. 17.55x 1.92x 10.85x 3.62%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Triple i Logistics

Historical PBR trend

Valuation ratios - PBR - Triple i Logistics

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Triple i Logistics

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Triple i Logistics


Year-on-year evolution of the Yield

Valuation ratios - Yield - Triple i Logistics
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