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 3,458 - -
Change - -1.16% -14.54% -43.89% -28.83% 10.84% - -
Enterprise Value (EV) 1 9,697 9,254 8,037 4,714 3,560 3,846 3,741 3,382
Change - -4.57% -13.15% -41.35% -24.48% 8.04% -2.73% -9.61%
P/E 26.4x 11.8x 9.43x 9.93x 7.97x 8.82x 7.5x 7.38x
PBR 5.3x 3.42x 2.06x 1.12x 0.79x 0.87x 0.82x 0.78x
PEG - 0.1x -1.59x -0.2x -0.82x 64.17x 0.4x 4.43x
Capitalization / Revenue 3.15x 3.28x 4.43x 1.83x 1.26x 1.32x 1.13x 1.22x
EV / Revenue 3.3x 3.32x 4.55x 1.97x 1.44x 1.47x 1.22x 1.19x
EV / EBITDA 28.2x 25.9x 57.1x 36.7x 25.3x 21.2x 16.3x 16.2x
EV / EBIT 39.8x 34.5x 127x 94.3x 55.8x 45x 30.2x 28.9x
EV / FCF 104x 27.8x -31.9x 37.4x 24.8x 8.01x 8.57x 5.06x
FCF Yield 0.96% 3.59% -3.14% 2.67% 4.02% 12.5% 11.7% 19.8%
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% 6.11% 6.78% 6.89%
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 4.500 4.500 4.500
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.($)
8.51x1.42x20.51x6.34% 98.75M
18.65x1.23x8.96x6.01% 92.88B
15.29x0.87x7.72x1.81% 74.48B
16.52x0.99x7.3x3.41% 73.02B
33.44x1.39x12.07x0.48% 51.82B
12.71x9.21x28.8x5.4% 40.9B
25.8x1.21x12.94x3.04% 34.93B
23.41x1.8x18.45x0.76% 26.56B
15.52x0.46x4.58x2.66% 25.35B
10.23x1.43x5.3x4.11% 15.1B
Average 18.01x 2.00x 12.66x 3.4% 43.52B
Weighted average by Cap. 19.31x 1.89x 11.22x 3.32%

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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