Valuation TTW

Stocks

End-of-day quote Thailand S.E. 12/10/2026			5-day change	1st Jan Change
10.00 ^THB	0.00%		0.00%	+10.50%

08-27	TTW Public Company Limited Announces Cash Dividend for the Operating Period from January 1, 2026 to June 30, 2026, Payable on September 25, 2026	CI
08-12	TTW Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	45,486	35,910	36,508	36,309	36,110	39,900	-	-
Change	-	-21.05%	1.67%	-0.55%	-0.55%	10.5%	-	-
Enterprise Value (EV)	45,486	35,910	37,794	37,216	37,957	39,900	39,900	39,900
Change	-	-21.05%	5.25%	-1.53%	1.99%	5.12%	0%	0%
P/E	14.6x	12.2x	12.5x	13x	11x	12.7x	12.5x	12.5x
PBR	3.21x	2.44x	2.4x	2.32x	2.17x	2.31x	2.2x	-
PEG	-	-2.38x	-9.25x	-3.16x	0.6x	-3.47x	9.87x	-
Capitalization / Revenue	7.83x	6.31x	6.47x	7.12x	6.89x	7.45x	7.31x	6.96x
EV / Revenue	0x	0x	0x	0x	0x	7.45x	7.31x	6.96x
EV / EBITDA	0x	0x	0x	0x	0x	9.34x	9.12x	9.29x
EV / EBIT	-	-	0x	0x	0x	10.2x	9.99x	-
EV / FCF	-	-	0x	0x	-0x	12.5x	15.3x	-
FCF Yield	-	-	9.74%	8.71%	-0.14%	7.98%	6.55%	-
Dividend per Share ²	0.6	0.6	0.6	0.6	0.6	0.6	0.6	0.6
Rate of return	5.26%	6.67%	6.56%	6.59%	6.63%	6%	6%	6%
EPS ²	0.78	0.74	0.73	0.7	0.82	0.79	0.8	0.8
Distribution rate	76.9%	81.1%	82.2%	85.7%	73.2%	75.9%	75%	75%
Net sales ¹	5,806	5,691	5,644	5,098	5,238	5,356	5,461	5,731
EBITDA ¹	4,700	4,525	4,276	3,800	3,993	4,273	4,373	4,296
EBIT ¹	-	-	3,291	3,157	3,332	3,896	3,995	-
Net income ¹	3,104	2,967	2,932	2,791	3,266	3,123	3,177	3,319
Net Debt	-	-	1,285	907.1	1,847	-	-	-
Reference price ²	11.40	9.00	9.15	9.10	9.05	10.00	10.00	10.00
Nbr of stocks (in thousands)	3,990,000	3,990,000	3,990,000	3,990,000	3,990,000	3,990,000	-	-
Announcement Date	22/02/22	21/02/23	22/02/24	26/02/25	24/02/26	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TTW	12.66x	-	-	6%	1.19B
AMERICAN WATER WORKS COMPANY, INC.	21.37x	7.67x	13.45x	2.71%	25.84B
COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO - SABESP	18.11x	6.21x	10.52x	2.73%	22.83B
UNITED UTILITIES GROUP PLC	15.06x	7.62x	12.73x	3.83%	14.25B
SEVERN TRENT PLC	19.96x	6.71x	13.5x	4.15%	12.54B
ESSENTIAL UTILITIES, INC.	17.9x	8.16x	14.33x	3.59%	11.15B
COMPANHIA DE SANEAMENTO DE MINAS GERAIS	18.71x	3.87x	9.95x	2.99%	4.73B
EMIRATES CENTRAL COOLING SYSTEMS CORPORATION	14.47x	5.13x	10.71x	5.78%	4.17B
AMERICAN STATES WATER COMPANY	22.26x	-	-	2.54%	3.27B
CHENGDU XINGRONG ENVIRONMENT CO., LTD.	9.83x	-	-	-	3.15B
Average	17.03x	6.48x	12.17x	3.81%	10.31B
Weighted average by Cap.	18.41x	6.95x	12.46x	3.33%