Company Valuation: Minor International

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 149,896 170,119 165,076 147,419 137,502 127,115 - -
Change - 13.49% -2.96% -10.7% -6.73% -7.55% - -
Enterprise Value (EV) 1 256,679 170,119 253,374 226,718 221,205 212,915 204,280 208,518
Change - -33.72% 48.94% -10.52% -2.43% -3.75% -4.06% 2.07%
P/E -10.2x 60.8x 45.4x 24.5x 18.8x 13.4x 12.2x 10.9x
PBR 2.2x - 2.15x 1.68x 1.54x 1.36x 1.33x 1.28x
PEG - -1x 2x 0.4x 0.9x 0.4x 1.2x 0.9x
Capitalization / Revenue 2.16x 1.42x 1.11x 0.91x 0.86x 0.76x 0.73x 0.69x
EV / Revenue 3.69x 1.42x 1.7x 1.41x 1.38x 1.28x 1.17x 1.13x
EV / EBITDA 22.7x 4.85x 6.23x 5.22x 5.14x 4.84x 4.43x 4.34x
EV / EBIT -29.8x 10.8x 12.5x 12.6x 13.6x 9.95x 8.89x 8.31x
EV / FCF 29.7x - 8.67x 7.44x 9.31x 13.8x 8.19x 8.06x
FCF Yield 3.37% - 11.5% 13.4% 10.7% 7.25% 12.2% 12.4%
Dividend per Share 2 - - - - 0.7 0.7254 0.7935 0.8548
Rate of return - - - - 2.88% 3.21% 3.51% 3.78%
EPS 2 -2.83 0.53 0.65 1.06 1.29 1.682 1.857 2.079
Distribution rate - - - - 54.3% 43.1% 42.7% 41.1%
Net sales 1 69,481 119,929 149,340 161,352 160,619 166,600 174,456 184,625
EBITDA 1 11,323 35,073 40,673 43,394 42,999 43,971 46,064 48,015
EBIT 1 -8,619 15,798 20,273 17,936 16,260 21,406 22,971 25,083
Net income 1 -13,167 4,286 5,407 7,750 9,009 10,015 10,923 12,121
Net Debt 1 106,783 - 88,298 79,299 83,703 85,799 77,165 81,402
Reference price 2 28.75 32.25 29.50 26.00 24.30 22.60 22.60 22.60
Nbr of stocks (in thousands) 5,213,770 5,275,015 5,595,798 5,669,977 5,658,527 5,624,575 - -
Announcement Date 2/25/22 A 2/23/23 A 2/8/24 A 2/14/25 A 2/13/26 A - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.43x1.28x4.84x3.21% 3.89B
31.92x3.97x18.39x0.8% 92.93B
39x6.63x21.26x0.19% 73.51B
27.11x10.42x18.69x1.3% 23.55B
55.87x2.87x17.5x0.33% 17.03B
20.38x2.37x10.83x3.18% 12.36B
45.8x9.13x26.72x0.46% 10.91B
10.04x1.96x7.61x3.38% 4.39B
15.45x1.39x9.26x3.01% 3.87B
33.2x7.06x20.25x0.79% 3.59B
Average 29.22x 4.71x 15.54x 1.66% 24.6B
Weighted average by Cap. 34.34x 5.38x 18.68x 0.86%

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

  1. Stock Market
  2. Stocks
  3. MINT Stock
  4. Valuation Minor International