Company Valuation: TTW

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 41,496 - -
Change - -21.05% 1.67% -0.55% -0.55% 14.92% - -
Enterprise Value (EV) 45,486 35,910 37,794 37,216 37,957 41,496 41,496 41,496
Change - -21.05% 5.25% -1.53% 1.99% 9.32% 0% 0%
P/E 14.6x 12.2x 12.5x 13x 11x 13x 13x 13x
PBR 3.21x 2.44x 2.4x 2.32x 2.17x 2.42x - -
PEG - -2.38x -9.25x -3.16x 0.6x -5.33x - -
Capitalization / Revenue 7.83x 6.31x 6.47x 7.12x 6.89x 7.69x 7.51x 7.24x
EV / Revenue 0x 0x 0x 0x 0x 7.69x 7.51x 7.24x
EV / EBITDA 0x 0x 0x 0x 0x 9.25x 9.29x 8.61x
EV / EBIT - - - - - - - -
EV / FCF - - 0x 0x -0x 16.5x - -
FCF Yield - - 9.74% 8.71% -0.14% 6.06% - -
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% 5.77% 5.77% 5.77%
EPS 2 0.78 0.74 0.73 0.7 0.82 0.8 0.8 0.8
Distribution rate 76.9% 81.1% 82.2% 85.7% 73.2% 75% 75% 75%
Net sales 1 5,806 5,691 5,644 5,098 5,238 5,396 5,524 5,731
EBITDA 1 4,700 4,525 4,276 3,800 3,993 4,485 4,469 4,819
EBIT - - 3,291 3,157 3,332 - - -
Net income 1 3,104 2,967 2,932 2,791 3,266 3,066 3,172 3,319
Net Debt - - 1,285 907.1 1,847 - - -
Reference price 2 11.40 9.00 9.15 9.10 9.05 10.40 10.40 10.40
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

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13x - - 5.77% 1.23B
22.13x7.88x13.66x2.62% 26.3B
11.04x3.01x5.68x5.86% 6.83B
18.37x3.92x9.38x2.66% 4.64B
13.45x4.19x13.08x7.59% 3.01B
22.76x5.67x13.97x2.76% 2.67B
8.2x2.21x5.39x4.48% 2.17B
6.43x5.8x8.49x6.16% 1.66B
387.56x3.74x7.3x0.58% 1.64B
Average 55.88x 4.55x 9.62x 4.28% 5.57B
Weighted average by Cap. 30.39x 6.02x 11.36x 3.58%

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