Company Valuation: Ratchthani Leasing

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,804 23,558 14,724 9,967 10,839 13,954 - -
Change - -5.02% -37.5% -32.31% 8.75% 28.74% - -
Enterprise Value (EV) 24,804 23,558 14,724 9,967 10,839 13,954 13,954 13,954
Change - -5.02% -37.5% -32.31% 8.75% 28.74% 0% 0%
P/E 14.6x 13.4x 11.3x 12.3x 9.67x 10.4x 9.63x 9.08x
PBR 2.14x 1.91x 1.16x 0.75x 0.77x 0.94x 0.9x 0.86x
PEG - 4.02x -0.4x -0.3x 0.3x 0.5x 1.18x 1.49x
Capitalization / Revenue 7.49x 6.7x 4.3x 3.3x 3.95x 5.04x 4.79x 4.6x
EV / Revenue 0x 0x 0x 0x 0x 5.04x 4.79x 4.6x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 6.3x 5.99x 5.8x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.1546 0.1546 0.1546 0.07 0.11 0.1275 0.135 0.14
Rate of return 3.88% 4.09% 6.54% 4.38% 6.32% 5.69% 6.03% 6.25%
EPS 2 0.2727 0.2818 0.2091 0.13 0.18 0.215 0.2325 0.2467
Distribution rate 56.7% 54.8% 73.9% 53.8% 61.1% 59.3% 58.1% 56.8%
Net sales 1 3,313 3,518 3,426 3,019 2,742 2,768 2,914 3,033
EBITDA - - - - - - - -
EBIT 1 2,729 3,670 2,689 2,151 2,086 2,215 2,331 2,406
Net income 1 1,709 1,753 1,287 800.2 1,148 1,343 1,443 1,533
Net Debt - - - - - - - -
Reference price 2 3.982 3.782 2.364 1.600 1.740 2.240 2.240 2.240
Nbr of stocks (in thousands) 6,229,331 6,229,331 6,229,331 6,229,329 6,229,329 6,229,329 - -
Announcement Date 17/2/22 16/2/23 16/2/24 18/2/25 23/2/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.42x - - 5.69% 417M
27.65x17.7x - 0.63% 74.33B
25.95x4.41x14.77x-.--% 36.5B
25.21x5.13x25.91x0.07% 33.98B
17.55x12.06x23.42x1.14% 25.8B
8.05x1.9x3.57x1.69% 24.66B
27.19x3.99x12.08x-.--% 21.04B
23.38x18.88x44.54x0.15% 16.55B
22.59x22.62x - 0.23% 16.14B
Average 20.89x 10.84x 20.71x 1.07% 27.71B
Weighted average by Cap. 23.41x 11.13x 19.57x 0.52%

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

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  3. THANI Stock
  4. Valuation Ratchthani Leasing