Company Valuation: Leo Global Logistics

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,872 4,704 3,813 1,493 976.7 617.5
Change - 151.28% -18.94% -60.84% -34.6% -36.77%
Enterprise Value (EV) 1 1,544 4,904 3,730 1,783 1,640 1,419
Change - 217.7% -23.94% -52.19% -8.03% -13.47%
P/E 22.5x 23.7x 12.7x 17.9x 20.5x 70x
PBR 3.05x 6.1x 4.34x 1.64x 1.07x 0.72x
PEG - 0x 0.2x -0.2x -0.5x -0.9x
Capitalization / Revenue 1.66x 1.4x 0.85x 1.09x 0.6x 0.46x
EV / Revenue 1.37x 1.46x 0.83x 1.3x 1x 1.07x
EV / EBITDA 22.4x 21.4x 9.34x 12.9x 16.2x 17.3x
EV / EBIT 25x 22.2x 9.67x 14.6x 20x 28.3x
EV / FCF -30.4x -13.1x 7.8x -13.2x -12.2x -61.5x
FCF Yield -3.29% -7.65% 12.8% -7.56% -8.21% -1.63%
Dividend per Share 2 0.07 0.25 0.4 0.16 0.14 0.06
Rate of return 1.2% 1.7% 3.31% 3.38% 4.52% 3.06%
EPS 2 0.2601 0.6213 0.9549 0.2649 0.151 0.028
Distribution rate 26.9% 40.2% 41.9% 60.4% 92.7% 214%
Net sales 1 1,126 3,370 4,495 1,373 1,633 1,329
EBITDA 1 68.83 229.5 399.4 138.5 101.2 82.14
EBIT 1 61.71 220.8 385.6 122.1 81.82 50.21
Net income 1 56.88 198.8 304.6 83.46 47.56 8.782
Net Debt 1 -328.4 200.1 -83.09 290.1 663.6 801.9
Reference price 2 5.850 14.700 12.100 4.740 3.100 1.960
Nbr of stocks (in thousands) 320,000 320,000 315,148 315,062 315,062 315,062
Announcement Date 2/25/21 A 2/21/22 A 2/20/23 A 2/26/24 A 2/28/25 A 2/24/26 A
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 18.3M
35.78x1.54x12.88x0.45% 57.95B
22.57x1.04x11.02x3.45% 27.71B
9.66x0.44x4.67x2.82% 10.9B
21.12x0.69x6.5x1.99% 7.79B
16.23x1.05x3.99x6.13% 5.18B
10.26x1.9x15.28x2.49% 3.1B
15.39x1.49x8.78x4.47% 2.87B
Average 18.72x 1.17x 9.02x 3.11% 14.44B
Weighted average by Cap. 27.09x 1.25x 10.79x 1.91%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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