Company Valuation: Cal-Comp Electronics (Thailand)

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 21,736 105,545 47,234 89,348 - -
Change - 385.58% -55.25% 89.16% - -
Enterprise Value (EV) 1 21,736 118,219 60,552 102,319 101,620 97,809
Change - 443.88% -48.78% 68.98% -0.68% -3.75%
P/E 12.2x 40.4x 22.6x 32.4x 25.8x 22.9x
PBR - - 1.91x 3.5x 3.36x 3.17x
PEG - 0.9x -1.1x 1x 1x 1.8x
Capitalization / Revenue - 0.71x 0.39x 0.63x 0.58x 0.52x
EV / Revenue - 0.8x 0.5x 0.72x 0.66x 0.57x
EV / EBITDA - 20.1x 12.4x 16.9x 14.6x 12.8x
EV / EBIT - 35x 21.7x 27.6x 23.4x 20.5x
EV / FCF - 14.3x 126x 16.3x 25.4x 28.9x
FCF Yield - 6.98% 0.79% 6.12% 3.94% 3.46%
Dividend per Share 2 - 0.2 0.23 0.186 0.24 0.2367
Rate of return - 1.98% 5.09% 2.18% 2.81% 2.77%
EPS 2 0.17 0.25 0.2 0.264 0.332 0.3733
Distribution rate - 80% 115% 70.5% 72.3% 63.4%
Net sales 1 - 147,733 120,220 142,355 154,297 171,985
EBITDA 1 - 5,873 4,871 6,061 6,975 7,655
EBIT 1 - 3,373 2,788 3,708 4,344 4,772
Net income 1 1,116 2,603 2,044 2,948 3,607 4,117
Net Debt 1 - 12,674 13,318 12,972 12,272 8,461
Reference price 2 2.080 10.100 4.520 8.550 8.550 8.550
Nbr of stocks (in thousands) 10,450,003 10,450,003 10,450,003 10,450,003 - -
Announcement Date 2/27/24 A 2/27/25 A 2/26/26 A - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
32.39x0.72x16.88x2.18% 2.67B
23.02x1.58x14.67x0.63% 253B
57.13x14.19x38.59x0.39% 169B
20.68x1.66x8.72x1.25% 60.37B
15.84x0.34x6.24x2.04% 37.05B
23.19x3.74x14.15x1.42% 27.13B
35.29x18.86x25.79x1.46% 21.93B
12.49x0.54x6.59x4.24% 25.87B
50.36x - - 0.49% 19.91B
15.56x0.29x8.67x0.78% 19.76B
Average 28.60x 4.66x 15.59x 1.49% 63.71B
Weighted average by Cap. 32.10x 5.59x 19.99x 0.92%

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

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