Company Valuation: TTW

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 37,306 - -
Change - -21.05% 1.67% -0.55% -0.55% 3.31% - -
Enterprise Value (EV) 1 45,486 35,910 37,794 37,216 37,957 40,214 40,018 37,306
Change - -21.05% 5.25% -1.53% 1.99% 5.95% -0.49% -6.77%
P/E 14.6x 12.2x 12.5x 13x 11x 11.7x 12.2x 11.7x
PBR 3.21x 2.44x 2.4x 2.32x 2.17x 2.23x - -
PEG - -2.38x -9.25x -3.16x 0.6x -4.8x -2.93x 2.69x
Capitalization / Revenue 7.83x 6.31x 6.47x 7.12x 6.89x 6.91x 6.92x 6.51x
EV / Revenue 7.83x 6.31x 6.7x 7.3x 7.25x 7.45x 7.43x 6.51x
EV / EBITDA 9.68x 7.94x 8.84x 9.79x 9.51x 8.97x 9.59x 7.74x
EV / EBIT - - 11.5x 11.8x 11.4x 13x 12.9x -
EV / FCF - - 10.6x 11.8x -759x 12.3x 9.8x -
FCF Yield - - 9.41% 8.5% -0.13% 8.15% 10.2% -
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% 6.42% 6.42% 6.42%
EPS 2 0.78 0.74 0.73 0.7 0.82 0.8 0.7667 0.8
Distribution rate 76.9% 81.1% 82.2% 85.7% 73.2% 75% 78.3% 75%
Net sales 1 5,806 5,691 5,644 5,098 5,238 5,396 5,389 5,731
EBITDA 1 4,700 4,525 4,276 3,800 3,993 4,485 4,173 4,819
EBIT 1 - - 3,291 3,157 3,332 3,087 3,101 -
Net income 1 3,104 2,967 2,932 2,791 3,266 3,066 3,052 3,319
Net Debt 1 - - 1,285 907.1 1,847 2,907 2,711 -
Reference price 2 11.400 9.000 9.150 9.100 9.050 9.350 9.350 9.350
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 22/2/22 21/2/23 22/2/24 26/2/25 24/2/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.57x7.53x13.09x2.82% 24.42B
10.76x2.95x5.61x6.01% 6.63B
16.69x3.65x8.77x2.53% 4.18B
13.51x4.21x13.17x7.5% 3.03B
20.15x5.24x12.91x3.11% 2.37B
8.3x2.23x5.44x4.42% 2.17B
6.83x5.99x8.68x5.78% 1.8B
368.78x3.65x7.15x0.61% 1.56B
Average 58.20x 4.43x 9.35x 4.1% 5.77B
Weighted average by Cap. 28.98x 5.74x 10.89x 3.69%

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

-40%: Exceptional extension
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