Company Valuation: Wice Logistics

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,516 6,715 4,006 2,449 1,461 2,320 - -
Change - -46.35% -40.33% -38.88% -40.31% 58.77% - -
Enterprise Value (EV) 11,889 5,678 3,613 2,359 1,372 2,320 2,320 2,320
Change - -52.24% -36.36% -34.7% -41.85% 69.14% 0% 0%
P/E 23.4x 12.1x 24x 25.5x 12x 16.5x 14.5x 12.1x
PBR 8.33x 3.59x 2.72x 1.84x 1.07x 1.66x 1.61x 1.54x
PEG - 3.31x -0.3x -0.6x 0.5x 1x 1.1x 0.6x
Capitalization / Revenue 1.64x 0.95x 1.05x 0.6x 0.31x 0.4x 0.36x 0.31x
EV / Revenue 0x 0x 0x 0x 0x 0.4x 0.36x 0.31x
EV / EBITDA 0x 0x 0x 0x 0x 6.97x 5.93x 4.94x
EV / EBIT 0x 0x 0x 0x 0x 15.2x 13.3x 10.8x
EV / FCF 0x 0x 0x 0x 0x 12.4x 19.5x 12.5x
FCF Yield 1.15% 11.9% 3.74% 1.87% 17.4% 8.06% 5.13% 7.97%
Dividend per Share 2 0.23 0.23 0.24 0.14 0.14 0.16 0.18 0.22
Rate of return 1.2% 2.23% 3.84% 3.66% 6.14% 4.42% 4.97% 6.08%
EPS 2 0.82 0.85 0.26 0.15 0.19 0.22 0.25 0.3
Distribution rate 28% 27.1% 92.3% 93.3% 73.7% 72.7% 72% 73.3%
Net sales 1 7,637 7,103 3,798 4,099 4,656 5,754 6,504 7,390
EBITDA 1 821.5 848.5 375.2 279.7 315.4 333 391 470
EBIT 1 748.5 739.3 239 98.11 144.3 153 175 214
Net income 1 535.5 554.1 170.4 97.73 122.1 138 157 192
Net Debt -627.8 -1,037 -392.9 -89.29 -89.58 - - -
Reference price 2 19.200 10.300 6.250 3.820 2.280 3.620 3.620 3.620
Nbr of stocks (in thousands) 651,900 651,900 641,000 641,000 641,000 641,000 - -
Announcement Date 23/2/22 21/2/23 20/2/24 25/2/25 27/2/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.45x - - 4.42% 69.41M
17.18x1.18x8.65x6.29% 88.59B
16.94x1.03x7.59x3.42% 73.58B
15.17x0.9x8.03x1.71% 72.73B
24.36x1.78x16.9x0.98% 21.96B
21.56x0.79x8.98x-.--% 12.42B
25.79x2.46x9.31x-.--% 8.89B
8.91x0.34x6.61x6.17% 6.21B
15.34x0.7x7.92x3.41% 5.92B
27.41x0.54x7.95x-.--% 5.77B
Average 18.91x 1.08x 9.10x 2.64% 29.61B
Weighted average by Cap. 17.59x 1.10x 8.81x 3.42%

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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