Company Valuation: Tapaco

Data adjusted to current consolidation scope
Fiscal Period: October 2019 2020 2021 2022 2023 2024
Market Cap 1 2,965 1,211 1,738 1,318 543.7 214.2
Change - -59.17% 43.54% -24.17% -58.75% -60.61%
Enterprise Value (EV) 1 3,751 1,861 2,749 1,846 1,096 473.3
Change - -50.37% 47.7% -32.87% -40.63% -56.81%
P/E 37.9x -25.6x -144x 11.9x -7.09x -0.77x
PBR 2.91x 1.28x 1.91x 1.33x 0.63x 0.34x
PEG - 0x 1.9x -0x 0x -0x
Capitalization / Revenue 1.62x 0.69x 0.68x 0.49x 0.3x 0.15x
EV / Revenue 2.05x 1.05x 1.07x 0.69x 0.61x 0.32x
EV / EBITDA 19.5x 21.7x 23.5x 11.4x 30.8x -3.9x
EV / EBIT 32.6x -70.9x 72.6x 28.8x -23.6x -2.94x
EV / FCF -42.8x 10x -8.2x 7.12x 27.6x 1.05x
FCF Yield -2.34% 9.97% -12.2% 14% 3.63% 95.1%
Dividend per Share 2 0.06 0.01 0.01 0.02 0.04 -
Rate of return 0.83% 0.34% 0.24% 0.63% 3.03% -
EPS 2 0.19 -0.1149 -0.0292 0.2684 -0.1862 -0.6758
Distribution rate 31.6% -8.71% -34.2% 7.45% -21.5% -
Net sales 1 1,832 1,766 2,561 2,665 1,788 1,476
EBITDA 1 192.3 85.59 116.9 162 35.61 -121.3
EBIT 1 114.9 -26.24 37.89 64.05 -46.43 -160.9
Net income 1 79.23 -47.31 -12.04 110.5 -76.67 -278.4
Net Debt 1 785.3 650.6 1,011 527.7 552.2 259.2
Reference price 2 7.2000 2.9400 4.2200 3.2000 1.3200 0.5200
Nbr of stocks (in thousands) 411,864 411,864 411,864 411,864 411,864 411,864
Announcement Date 2/1/20 4/1/21 6/1/22 29/1/23 27/3/24 15/6/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 6.44M
64.28x - - - 69.66B
9.62x3.73x8.47x-.--% 22.67B
7.16x15.56x18.48x7.05% 17.6B
4.21x-0x-0.01x7.59% 14.35B
7.52x16.06x - 7.03% 7.46B
7.24x0.76x6.26x2.81% 5.47B
-1.26x1.51x-18281.27x-.--% 5.04B
4.42x13.28x19.26x6.48% 4.06B
8.67x0.55x6.93x4.31% 4.04B
Average 12.43x 6.43x -2,603.13x 4.41% 15.04B
Weighted average by Cap. 33.42x 6.77x -1,249.64x 4.27%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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