Financials Wattana Karnpaet

Equities

NEW

TH0575010002

Healthcare Facilities & Services

End-of-day quote Thailand S.E. 23:00:00 26/06/2024 BST 5-day change 1st Jan Change
88.25 THB +5.69% Intraday chart for Wattana Karnpaet +11.71% -19.77%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 652.5 530 600 502.5 1,180 1,100
Enterprise Value (EV) 1 695.7 545.2 622.7 492.8 1,113 997.2
P/E ratio 38.6 x 30.6 x 367 x 57.4 x 11.8 x 19.6 x
Yield 1.07% 0.38% - 0.7% 3.39% 2.09%
Capitalization / Revenue 1.78 x 1.41 x 1.92 x 1.51 x 2.25 x 2.28 x
EV / Revenue 1.9 x 1.45 x 1.99 x 1.48 x 2.13 x 2.07 x
EV / EBITDA 14.2 x 10.5 x 16.8 x 11.4 x 7.06 x 9.45 x
EV / FCF 52.2 x 23.7 x 18.6 x 19.3 x 16.6 x 14.8 x
FCF Yield 1.91% 4.23% 5.37% 5.17% 6.03% 6.75%
Price to Book 1.87 x 1.49 x 1.67 x 1.36 x 2.53 x 2.28 x
Nbr of stocks (in thousands) 10,000 10,000 10,000 10,000 10,000 10,000
Reference price 2 65.25 53.00 60.00 50.25 118.0 110.0
Announcement Date 28/02/19 02/03/20 01/03/21 28/02/22 27/02/23 29/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 365.7 374.9 312.6 333.2 523.4 482.4
EBITDA 1 48.92 51.88 37.09 43.3 157.6 105.5
EBIT 1 24.98 24.7 5.696 13.87 128.3 74.19
Operating Margin 6.83% 6.59% 1.82% 4.16% 24.52% 15.38%
Earnings before Tax (EBT) 1 21.48 21.63 1.788 10.34 125.3 70.77
Net income 1 16.88 17.34 1.636 8.752 100.1 56.19
Net margin 4.62% 4.62% 0.52% 2.63% 19.11% 11.65%
EPS 2 1.688 1.734 0.1636 0.8752 10.01 5.619
Free Cash Flow 1 13.32 23.04 33.44 25.5 67.13 67.33
FCF margin 3.64% 6.15% 10.7% 7.65% 12.83% 13.96%
FCF Conversion (EBITDA) 27.22% 44.41% 90.17% 58.89% 42.59% 63.83%
FCF Conversion (Net income) 78.87% 132.88% 2,044.86% 291.37% 67.1% 119.83%
Dividend per Share 2 0.7000 0.2000 - 0.3500 4.000 2.300
Announcement Date 28/02/19 02/03/20 01/03/21 28/02/22 27/02/23 29/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 43.2 15.2 22.7 - - -
Net Cash position 1 - - - 9.72 67.2 103
Leverage (Debt/EBITDA) 0.8839 x 0.2938 x 0.6111 x - - -
Free Cash Flow 1 13.3 23 33.4 25.5 67.1 67.3
ROE (net income / shareholders' equity) 4.92% 4.91% 0.46% 2.4% 24% 11.8%
ROA (Net income/ Total Assets) 3.25% 3.17% 0.7% 1.64% 14.2% 7.57%
Assets 1 519.6 547.1 234.3 534.7 707 742.5
Book Value Per Share 2 34.90 35.70 36.00 36.90 46.60 48.20
Cash Flow per Share 2 1.570 1.490 1.630 1.910 7.540 4.810
Capex 1 31.1 11.7 11.2 4.67 28.5 51.8
Capex / Sales 8.5% 3.11% 3.58% 1.4% 5.44% 10.74%
Announcement Date 28/02/19 02/03/20 01/03/21 28/02/22 27/02/23 29/02/24
1THB in Million2THB
Estimates
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