Company Valuation: U City

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 7,971 11,227 7,410 3,520 3,443 2,021
Change - 40.85% -34% -52.5% -2.19% -41.3%
Enterprise Value (EV) 1 31,931 26,651 23,915 20,993 19,284 15,675
Change - -16.53% -10.26% -12.22% -8.14% -18.72%
P/E -1.07x -0.55x -1.63x -0.76x -3.72x 2x
PBR 0.67x 0.86x 0.58x -1.69x -1.16x -0.78x
PEG - -0x 0x 0x 0x -0x
Capitalization / Revenue 3.27x 4.69x 1.39x 1.23x 0.67x 0.43x
EV / Revenue 13.1x 11.1x 4.48x 7.31x 3.73x 3.35x
EV / EBITDA -13.8x -29.6x 24.8x -59.2x 71.1x 18.4x
EV / EBIT -10.3x -17.3x 97.7x -17.5x -30.9x 252x
EV / FCF -8.88x -10.9x 7.39x 8.9x -147x 22.6x
FCF Yield -11.3% -9.13% 13.5% 11.2% -0.68% 4.43%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -1.324 -3.652 -0.8117 -0.6682 -0.1235 0.135
Distribution rate - - - - - -
Net sales 1 2,436 2,392 5,342 2,873 5,171 4,683
EBITDA 1 -2,316 -900.7 965 -354.4 271.3 852.1
EBIT 1 -3,093 -1,539 244.8 -1,199 -624.9 62.3
Net income 1 -6,611 88.16 1,209 -4,384 -903.6 1,013
Net Debt 1 23,959 15,424 16,505 17,473 15,841 13,654
Reference price 2 1.4200 2.0000 1.3200 0.5100 0.4600 0.2700
Nbr of stocks (in thousands) 5,613,717 5,613,718 5,613,718 6,901,722 7,484,280 7,484,280
Announcement Date 16/2/21 14/2/22 14/2/23 14/2/24 13/2/25 17/2/26
1THB in Million2THB
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.26x4.86x13.08x3.32% 43.43B
8.97x1.53x7.99x3.96% 31.01B
18.33x4.04x16.49x1.34% 27.94B
6.26x0.37x0.73x8.94% 26.9B
13.59x3.04x14.66x2.6% 24.61B
12.43x2.19x7.83x3.82% 21.45B
8.18x0.91x3.3x2.73% 20.93B
13.68x6.6x17.64x1.56% 19.77B
10.32x1.66x14.33x3.66% 18.8B
Average 11.89x 2.80x 10.67x 3.55% 26.09B
Weighted average by Cap. 12.17x 2.91x 10.70x 3.61%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA