Company Valuation: SCG Packaging

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 297,285 244,696 154,545 84,141 73,409 130,936 - -
Change - -17.69% -36.84% -45.56% -12.76% 78.37% - -
Enterprise Value (EV) 1 328,341 282,521 180,979 135,476 126,316 177,292 173,886 169,480
Change - -13.96% -35.94% -25.14% -6.76% 40.36% -1.92% -2.53%
P/E 35.9x 42.2x 29.5x 22.8x 18x 19.4x 18x 16.3x
PBR 3.07x 2.52x 2x 1.1x 0.81x 1.67x 1.57x 1.51x
PEG - -1.4x -3.06x -0.8x 1.7x 0.3x 2.4x 1.5x
Capitalization / Revenue 2.39x 1.68x 1.19x 0.63x 0.59x 0.99x 0.95x 0.92x
EV / Revenue 2.64x 1.93x 1.4x 1.02x 1.02x 1.34x 1.27x 1.19x
EV / EBITDA 15.5x 14.6x 10.9x 8.95x 7.25x 8.74x 8.36x 7.79x
EV / EBIT 25.6x 29.1x 24.3x 23.1x 20.6x 16.1x 15.4x 13.8x
EV / FCF -26.4x 80.4x 13.8x 16.3x 11.9x 17.5x 14.7x 13.2x
FCF Yield -3.79% 1.24% 7.25% 6.15% 8.4% 5.73% 6.79% 7.56%
Dividend per Share 2 0.65 0.6 0.55 0.55 - 0.7723 0.84 0.8954
Rate of return 0.94% 1.05% 1.53% 2.81% - 2.53% 2.75% 2.94%
EPS 2 1.93 1.35 1.22 0.86 0.95 1.575 1.693 1.875
Distribution rate 33.7% 44.4% 45.1% 64% - 49% 49.6% 47.8%
Net sales 1 124,223 146,068 129,398 132,784 124,374 132,436 137,241 142,393
EBITDA 1 21,150 19,402 16,646 15,132 17,424 20,294 20,800 21,762
EBIT 1 12,835 9,703 7,440 5,873 6,123 11,046 11,327 12,261
Net income 1 8,294 5,801 5,248 3,699 4,069 7,013 7,424 8,079
Net Debt 1 31,056 37,825 26,434 51,334 52,907 46,356 42,950 38,544
Reference price 2 69.25 57.00 36.00 19.60 17.10 30.50 30.50 30.50
Nbr of stocks (in thousands) 4,292,920 4,292,920 4,292,920 4,292,920 4,292,920 4,293,000 - -
Announcement Date 1/25/22 A 1/24/23 A 1/23/24 A 1/28/25 A 1/27/26 A - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.73x1.21x7.77x3.74% 25.8B
25.73x2.57x12.36x2.1% 22.62B
32.5x1.24x9.42x4.41% 21.57B
23.28x2.54x10.41x1.6% 7.28B
14.73x1.26x7.29x3.68% 5.76B
-184.13x0.89x8.19x2.09% 5.27B
18.91x2.29x13.59x3.6% 5.17B
8.97x1.37x9.82x1.06% 4.83B
19.36x1.34x8.74x2.53% 3.95B
Average -1.66x 1.64x 9.73x 2.76% 11.36B
Weighted average by Cap. 14.17x 1.67x 9.74x 3.1%

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