Valuation TTW

Stocks

End-of-day quote Thailand S.E. 14/10/2026			5-day change	1st Jan Change
9.900 ^THB	-1.00%		-1.00%	+9.39%

08-27	TTW Public Company Limited Announces Cash Dividend for the Operating Period from January 1, 2026 to June 30, 2026, Payable on September 25, 2026	CI
08-13	TTW Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	45,486	35,910	36,508	36,309	36,110	39,501	-	-
Change	-	-21.05%	1.67%	-0.55%	-0.55%	9.39%	-	-
Enterprise Value (EV)	45,486	35,910	37,794	37,216	37,957	39,501	39,501	39,501
Change	-	-21.05%	5.25%	-1.53%	1.99%	4.07%	0%	0%
P/E	14.6x	12.2x	12.5x	13x	11x	12.5x	12.4x	12.4x
PBR	3.21x	2.44x	2.4x	2.32x	2.17x	2.29x	2.18x	-
PEG	-	-2.38x	-9.25x	-3.16x	0.6x	-3.42x	9.8x	-
Capitalization / Revenue	7.83x	6.31x	6.47x	7.12x	6.89x	7.37x	7.23x	6.89x
EV / Revenue	0x	0x	0x	0x	0x	7.37x	7.23x	6.89x
EV / EBITDA	0x	0x	0x	0x	0x	9.25x	9.03x	9.19x
EV / EBIT	-	-	0x	0x	0x	10.1x	9.89x	-
EV / FCF	-	-	0x	0x	-0x	12.4x	15.1x	-
FCF Yield	-	-	9.74%	8.71%	-0.14%	8.07%	6.62%	-
Dividend per Share ²	0.6	0.6	0.6	0.6	0.6	0.6	0.6	0.6
Rate of return	5.26%	6.67%	6.56%	6.59%	6.63%	6.06%	6.06%	6.06%
EPS ²	0.78	0.74	0.73	0.7	0.82	0.79	0.8	0.8
Distribution rate	76.9%	81.1%	82.2%	85.7%	73.2%	75.9%	75%	75%
Net sales ¹	5,806	5,691	5,644	5,098	5,238	5,356	5,461	5,731
EBITDA ¹	4,700	4,525	4,276	3,800	3,993	4,273	4,373	4,296
EBIT ¹	-	-	3,291	3,157	3,332	3,896	3,995	-
Net income ¹	3,104	2,967	2,932	2,791	3,266	3,123	3,177	3,319
Net Debt	-	-	1,285	907.1	1,847	-	-	-
Reference price ²	11.400	9.000	9.150	9.100	9.050	9.900	9.900	9.900
Nbr of stocks (in thousands)	3,990,000	3,990,000	3,990,000	3,990,000	3,990,000	3,990,000	-	-
Announcement Date	2/22/22 A	2/21/23 A	2/22/24 A	2/26/25 A	2/24/26 A	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TTW	12.66x	-	-	6%	1.19B
AMERICAN WATER WORKS COMPANY, INC.	21.37x	7.67x	13.45x	2.71%	25.84B
COMPANHIA DE SANEAMENTO BÁSICO DO ESTADO DE SÃO PAULO - SABESP	18.11x	6.21x	10.52x	2.73%	22.83B
UNITED UTILITIES GROUP PLC	15.06x	7.62x	12.73x	3.83%	14.25B
SEVERN TRENT PLC	19.96x	6.71x	13.5x	4.15%	12.54B
ESSENTIAL UTILITIES, INC.	17.9x	8.16x	14.33x	3.59%	11.15B
GUANGDONG INVESTMENT LIMITED	11.79x	3.23x	6.13x	5.51%	7.43B
COMPANHIA DE SANEAMENTO DE MINAS GERAIS	18.71x	3.87x	9.95x	2.99%	4.73B
EMIRATES CENTRAL COOLING SYSTEMS CORPORATION	14.47x	5.13x	10.71x	5.78%	4.17B
AMERICAN STATES WATER COMPANY	22.26x	-	-	2.54%	3.27B
Average	17.23x	6.07x	11.42x	3.98%	10.74B
Weighted average by Cap.	18.20x	6.68x	12.00x	3.48%