Company Valuation: Thai Eastern Group

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027
Market Cap 1 5,119 3,024 3,866 3,240 3,499 -
Change - -40.93% 27.86% -16.2% 8% -
Enterprise Value (EV) 7,762 6,091 8,517 6,339 3,499 3,499
Change - -21.53% 39.83% -25.58% -44.8% 0%
P/E 6.08x - 6.88x 6.12x 6x 4.98x
PBR 1.58x 0.95x 1.06x 0.83x - -
PEG -0.1x - - -1.06x 0.6x 0.2x
Capitalization / Revenue 0.33x 0.25x 0.23x 0.16x 0.16x 0.16x
EV / Revenue 0x 0x 0x 0x 0.16x 0.16x
EV / EBITDA 0x 0x 0x 0x 2.87x 3.5x
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 0.26 0.1 0.21 0.22 0.22 0.26
Rate of return 5.49% 3.57% 5.87% 7.33% 6.79% 8.02%
EPS 2 0.78 - 0.52 0.49 0.54 0.65
Distribution rate 33.3% - 40.4% 44.9% 40.7% 40%
Net sales 1 15,403 12,143 16,844 19,980 21,754 22,465
EBITDA 1 1,124 668.2 1,142 1,632 1,219 1,000
EBIT 804.1 337.4 784.2 561.6 - -
Net income 1 684 214.9 556.3 533.4 583 707
Net Debt 2,643 3,067 4,651 3,099 - -
Reference price 2 4.740 2.800 3.580 3.000 3.240 3.240
Nbr of stocks (in thousands) 1,080,000 1,080,000 1,080,000 1,080,000 1,080,000 -
Announcement Date 2/27/23 A 2/28/24 A 2/28/25 A 2/28/26 A - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.04x - - 6.75% 104M
13.82x1.05x5.64x3.33% 31.63B
13.48x0.95x5.33x4.17% 24B
14.6x1.23x5.36x3.98% 8.03B
8.06x1.07x5.13x3.59% 6.48B
8.51x0.88x5.01x3.48% 5.43B
23.55x1.49x11.5x0.2% 5.27B
5.31x0.46x2.96x5.26% 5.22B
8.5x - - 3.05% 4.91B
15.22x - - 3.17% 4.89B
Average 11.71x 1.02x 5.85x 3.7% 9.6B
Weighted average by Cap. 12.97x 1.02x 5.65x 3.53%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Thai Eastern Group

Historical PBR trend

Valuation ratios - PBR - Thai Eastern Group

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Thai Eastern Group

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Thai Eastern Group


Year-on-year evolution of the Yield

Valuation ratios - Yield - Thai Eastern Group
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