Company Valuation: Triple i Logistics

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,249 9,141 7,813 4,383 3,120 3,427 - -
Change - -1.16% -14.54% -43.89% -28.83% 9.85% - -
Enterprise Value (EV) 1 9,697 9,254 8,037 4,714 3,560 3,816 3,710 3,351
Change - -4.57% -13.15% -41.35% -24.48% 7.18% -2.76% -9.69%
P/E 26.4x 11.8x 9.43x 9.93x 7.97x 8.75x 7.43x 7.31x
PBR 5.3x 3.42x 2.06x 1.12x 0.79x 0.86x 0.81x 0.77x
PEG - 0.1x -1.59x -0.2x -0.82x 63.66x 0.4x 4.39x
Capitalization / Revenue 3.15x 3.28x 4.43x 1.83x 1.26x 1.31x 1.12x 1.21x
EV / Revenue 3.3x 3.32x 4.55x 1.97x 1.44x 1.46x 1.21x 1.18x
EV / EBITDA 28.2x 25.9x 57.1x 36.7x 25.3x 21x 16.2x 16x
EV / EBIT 39.8x 34.5x 127x 94.3x 55.8x 44.6x 29.9x 28.6x
EV / FCF 104x 27.8x -31.9x 37.4x 24.8x 7.95x 8.5x 5.02x
FCF Yield 0.96% 3.59% -3.14% 2.67% 4.02% 12.6% 11.8% 19.9%
Dividend per Share 2 0.4 - 0.38 0.32 0.25 0.275 0.305 0.31
Rate of return 2.68% - 3.82% 5.71% 6.16% 6.17% 6.84% 6.95%
EPS 2 0.5634 1.121 1.055 0.5639 0.5093 0.51 0.6 0.61
Distribution rate 71% - 36% 56.7% 49.1% 53.9% 50.8% 50.8%
Net sales 1 2,939 2,789 1,764 2,398 2,478 2,622 3,068 2,833
EBITDA 1 344.1 357.7 140.6 128.3 141 181.5 229.5 209
EBIT 1 243.8 268.2 63.39 50 63.79 85.5 124 117
Net income 1 377.3 795.7 866.2 441.4 393.6 442.5 482.5 495
Net Debt 1 448.7 112.9 224.5 330.6 440.4 388.6 283.5 -76
Reference price 2 14.900 13.200 9.950 5.600 4.060 4.460 4.460 4.460
Nbr of stocks (in thousands) 620,710 692,532 785,181 782,753 768,356 768,356 - -
Announcement Date 23/2/22 21/2/23 21/2/24 19/2/25 27/2/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.86x1.47x21.28x6.08% 103M
17.49x1.22x8.98x6.25% 90.26B
14.97x0.9x7.99x1.9% 72.68B
16.5x0.99x7.3x3.41% 72.59B
32.17x1.35x11.69x0.5% 49.62B
12.66x9.23x28.67x5.39% 41.15B
24.93x1.18x12.61x3.09% 33.46B
25.28x1.9x18.05x0.79% 25.95B
14.61x0.42x4.18x2.85% 24.03B
10.13x1.42x5.24x4.16% 14.96B
Average 17.76x 2.01x 12.60x 3.44% 42.48B
Weighted average by Cap. 18.78x 1.92x 11.19x 3.42%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Triple i Logistics

Historical PBR trend

Valuation ratios - PBR - Triple i Logistics

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Triple i Logistics

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Triple i Logistics


Year-on-year evolution of the Yield

Valuation ratios - Yield - Triple i Logistics
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