Company Valuation: Supalai

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 44,223 47,459 36,327 35,546 32,070 29,051 - -
Change - 7.32% -23.46% -2.15% -9.78% -9.41% - -
Enterprise Value (EV) 1 62,487 47,459 58,780 64,609 66,269 59,150 60,062 58,191
Change - -24.05% 23.85% 9.92% 2.57% -10.74% 1.54% -3.12%
P/E Ratio 6.25x 5.8x 6.06x 5.74x 8.13x 6.67x 6.24x 5.66x
PBR 1.05x - 0.72x 0.67x 0.6x 0.52x 0.5x 0.48x
PEG - 0.4x -0.2x 1.76x -0.2x 0.6x 0.92x 0.5x
Capitalization / Revenue 1.52x 1.38x 1.17x 1.14x 1.33x 1.14x 1.11x 1.05x
EV / Revenue 2.14x 1.38x 1.89x 2.07x 2.75x 2.33x 2.28x 2.09x
EV / EBITDA 7.4x 4.99x 7.96x 8.43x 14.2x 10.7x 10.6x 9.47x
EV / EBIT 7.51x 5.06x 8.11x 8.66x 14.8x 12x 11.7x 10.4x
EV / FCF 15.9x - -227x -69.5x 93.1x 6.4x 13.3x 15.1x
FCF Yield 6.28% - -0.44% -1.44% 1.07% 15.6% 7.53% 6.62%
Dividend per Share 2 1 - 1.45 1.35 1.4 1.254 1.282 1.405
Rate of return 4.41% - 7.8% 7.42% 8.24% 8.14% 8.33% 9.12%
EPS 2 3.63 4.19 3.07 3.17 2.09 2.31 2.467 2.722
Distribution rate 27.5% - 47.2% 42.6% 67% 54.3% 52% 51.6%
Net sales 1 29,160 34,486 31,177 31,194 24,124 25,374 26,287 27,778
EBITDA 1 8,444 9,514 7,386 7,665 4,680 5,528 5,688 6,146
EBIT 1 8,321 9,387 7,249 7,462 4,467 4,932 5,116 5,594
Net income 1 7,070 8,173 5,989 6,190 4,015 4,483 4,779 5,228
Net Debt 1 18,264 - 22,453 29,064 34,200 30,099 31,011 29,139
Reference price 2 22.70 24.30 18.60 18.20 17.00 15.40 15.40 15.40
Nbr of stocks (in thousands) 1,948,141 1,953,054 1,953,054 1,953,054 1,886,454 1,886,454 - -
Announcement Date 22/2/22 21/2/23 20/2/24 25/2/25 25/2/26 - - -
1THB in Million2THB
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.67x2.33x10.7x8.14% 881M
14.77x4.62x12.67x3.39% 42.6B
9.32x1.55x7.76x3.83% 33.56B
22.67x4.41x18.52x1.12% 31.05B
5.48x0.52x1.05x9.26% 25.99B
15.51x3.18x15.71x2.26% 26.04B
11.8x1.78x15.12x3.2% 21.81B
9.31x2.24x7.72x3.99% 20.34B
15.04x6.62x18.77x1.26% 19.96B
Average 12.28x 3.03x 12.00x 4.05% 24.69B
Weighted average by Cap. 13.25x 3.15x 12.07x 3.56%

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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