Company Valuation: Mida Leasing

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,033 1,501 1,193 862.5 532.4 500.5
Change - 45.36% -20.57% -27.68% -38.27% -6%
Enterprise Value (EV) 1 2,735 3,301 2,927 2,473 1,931 1,769
Change - 20.68% -11.31% -15.54% -21.91% -8.4%
P/E 10.5x 14.6x 11.4x -206x -6.38x -15.7x
PBR 0.52x 0.74x 0.56x 0.41x 0.26x 0.25x
PEG - 3.48x 6.52x 2x -0x 0.3x
Capitalization / Revenue 3.19x 4.83x 3x 3.28x 2.65x 2.39x
EV / Revenue 8.44x 10.6x 7.35x 9.4x 9.62x 8.46x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 0.0167 - - - - 0.037
Rate of return 5.16% - - - - 23.6%
EPS 2 0.0309 0.0322 0.0327 -0.001309 -0.0261 -0.00996
Distribution rate 54.1% - - - - -371%
Net sales 1 324 310.9 398.1 262.9 200.8 209
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 98.67 102.8 104.6 -4.183 -83.46 -31.82
Net Debt 1 1,702 1,799 1,735 1,610 1,398 1,268
Reference price 2 0.3233 0.4700 0.3733 0.2700 0.1667 0.1567
Nbr of stocks (in thousands) 3,194,392 3,194,392 3,194,392 3,194,392 3,194,393 3,194,393
Announcement Date 3/1/21 A 2/28/22 A 2/28/23 A 2/29/24 A 2/28/25 A 3/2/26 A
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.59x16.91x - 0.68% 69.84B
42.43x4.85x16.4x-.--% 39.81B
25.79x5.18x25.64x0.07% 33.36B
8.5x1.99x3.74x1.6% 26B
17.45x12.02x23.34x1.14% 25.94B
30.47x4.18x12.55x-.--% 23.53B
22.97x22.71x - 0.23% 16.75B
23.31x18.82x44.44x0.16% 16.63B
Average 24.56x 10.83x 21.02x 0.48% 31.48B
Weighted average by Cap. 25.81x 10.73x 19.63x 0.51%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA