Company Valuation: Thaicom

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,386 15,784 14,469 13,920 9,481 10,413 - -
Change - 27.43% -8.33% -3.79% -31.89% 9.83% - -
Enterprise Value (EV) 1 13,323 12,092 12,925 13,429 9,879 11,109 14,273 10,413
Change - -9.24% 6.89% 3.9% -26.44% 12.45% 28.48% -27.04%
P/E 86.9x 360x 41.3x -635x 216x 48.7x 65.5x 24.4x
PBR 1.11x 1.5x 1.41x 1.39x 0.94x 1.03x 1.02x -
PEG - -5.2x 0x 6x -1x 0x -2.6x 0x
Capitalization / Revenue 3.75x 5.1x 5.51x 5.77x 3.83x 4.73x 3.45x 3.48x
EV / Revenue 4.03x 3.91x 4.92x 5.57x 3.99x 5.05x 4.72x 3.48x
EV / EBITDA 11.2x 10.9x 14.4x 23.2x 12.2x 14.1x 11.9x 6.69x
EV / EBIT 193x 24.9x 51.9x -637x 76x -49.4x 101x 17.7x
EV / FCF 11.6x 6.23x -27.8x -11x -6.86x -6.6x -5.3x 15x
FCF Yield 8.65% 16.1% -3.59% -9.06% -14.6% -15.1% -18.9% 6.65%
Dividend per Share 2 - 0.5 0.13 - - - 0.05 -
Rate of return - 3.47% 0.98% - - - 0.53% -
EPS 2 0.13 0.04 0.32 -0.02 0.04 0.195 0.145 0.39
Distribution rate - 1,250% 40.6% - - - 34.5% -
Net sales 1 3,303 3,096 2,627 2,413 2,474 2,200 3,022 2,996
EBITDA 1 1,189 1,107 899 579.9 809.4 789.3 1,197 1,557
EBIT 1 69.19 486.3 249 -21.09 130 -225 142 589
Net income 1 143.6 42.21 353.6 -22.84 40 108.3 151.3 262
Net Debt 1 936.8 -3,692 -1,543 -491.6 397.3 696 3,860 -
Reference price 2 11.300 14.400 13.200 12.700 8.650 9.500 9.500 9.500
Nbr of stocks (in thousands) 1,096,102 1,096,102 1,096,102 1,096,102 1,096,102 1,096,102 - -
Announcement Date 2/4/22 A 2/10/23 A 2/8/24 A 2/7/25 A 2/10/26 A - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
48.72x5.05x14.07x-.--% 310M
1275.16x47.82x97.34x - 2,207B
43.89x6.32x26.23x0.19% 209B
13.57x2.56x6.48x2.79% 159B
9.41x2.33x6.23x5% 152B
28.22x5.15x9.02x1.84% 116B
6.92x1.28x4.65x6.42% 73.31B
19.09x2.18x8.28x3.65% 73.26B
14.45x2.36x7.73x2.91% 69.56B
13.07x1.41x4.78x3.46% 36.06B
Average 147.25x 7.65x 18.48x 2.92% 309.57B
Weighted average by Cap. 915.19x 35.10x 72.67x 2.84%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Thaicom

Historical PBR trend

Valuation ratios - PBR - Thaicom

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Thaicom

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Thaicom


Year-on-year evolution of the Yield

Valuation ratios - Yield - Thaicom