Company Valuation: Lease IT

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 770.6 531.5 810.6 447.4 305.6 296.8
Change - -31.03% 52.51% -44.81% -31.68% -2.9%
Enterprise Value (EV) 1 2,158 1,574 1,188 713.7 600.3 697.4
Change - -27.08% -24.53% -39.91% -15.89% 16.16%
P/E 10.9x -5.57x -7.96x -3.8x -0.68x 27.4x
PBR 0.72x 0.57x 0.73x 0.45x 0.56x 0.54x
PEG - 0x 0.2x -0.2x -0x -0x
Capitalization / Revenue 3.16x -27.6x -26x -10.3x -0.95x 2.64x
EV / Revenue 8.86x -81.8x -38.1x -16.4x -1.86x 6.2x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 0.18 - - - - -
Rate of return 5.17% - - - - -
EPS 2 0.32 -0.4312 -0.23 -0.2655 -1.016 0.0245
Distribution rate 56.3% - - - - -
Net sales 1 243.7 -19.25 -31.2 -43.51 -323.1 112.5
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 71.24 -95.49 -100 -117.6 -449.9 10.84
Net Debt 1 1,388 1,042 377.3 266.4 294.7 400.6
Reference price 2 3.4800 2.4000 1.8300 1.0100 0.6900 0.6700
Nbr of stocks (in thousands) 221,449 221,449 442,931 442,931 442,931 442,931
Announcement Date 2/24/21 A 2/23/22 A 2/22/23 A 2/20/24 A 2/21/25 A 2/23/26 A
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.77x7.05x7.98x1% 23.64B
11.34x4.16x22.8x3.98% 11.92B
5.45x - - 5.59% 10.9B
10.97x - - 4.49% 10.1B
4.61x - - 6.83% 7.92B
8.58x3.16x27.99x3.89% 7.88B
15.81x13.82x33.72x1.45% 6.43B
Average 9.22x 7.05x 23.12x 3.89% 11.26B
Weighted average by Cap. 8.82x 6.62x 18.00x 3.45%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Lease IT

Historical PBR trend

Valuation ratios - PBR - Lease IT

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Lease IT

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Lease IT