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 1,974 - -
Change - -46.35% -40.33% -38.88% -40.31% 35.09% - -
Enterprise Value (EV) 11,889 5,678 3,613 2,359 1,372 1,974 1,974 1,974
Change - -52.24% -36.36% -34.7% -41.85% 43.91% 0% 0%
P/E 23.4x 12.1x 24x 25.5x 12x 14x 12.3x 10.3x
PBR 8.33x 3.59x 2.72x 1.84x 1.07x 1.41x 1.37x 1.31x
PEG - 3.31x -0.3x -0.6x 0.5x 0.9x 0.9x 0.5x
Capitalization / Revenue 1.64x 0.95x 1.05x 0.6x 0.31x 0.34x 0.3x 0.27x
EV / Revenue 0x 0x 0x 0x 0x 0.34x 0.3x 0.27x
EV / EBITDA 0x 0x 0x 0x 0x 5.93x 5.05x 4.2x
EV / EBIT 0x 0x 0x 0x 0x 12.9x 11.3x 9.23x
EV / FCF 0x 0x 0x 0x 0x 10.6x 16.6x 10.7x
FCF Yield 1.15% 11.9% 3.74% 1.87% 17.4% 9.47% 6.03% 9.37%
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% 5.19% 5.84% 7.14%
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 3.080 3.080 3.080
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.($)
14x - - 5.19% 59.2M
16.45x1.14x8.33x6.61% 84.28B
14.77x0.9x7.88x1.84% 71.86B
16.13x0.97x7.19x3.55% 71.12B
24.73x1.84x17.52x0.82% 24.82B
18.78x0.72x7.82x-.--% 11.04B
36.68x2.57x9.87x-.--% 9.1B
8.22x0.35x5.13x6.58% 6.16B
14.23x0.66x7.46x3.61% 5.68B
28x0.52x7.54x-.--% 5.27B
Average 19.20x 1.07x 8.75x 2.82% 28.94B
Weighted average by Cap. 17.38x 1.09x 8.65x 3.54%

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

  1. Stock Market
  2. Stocks
  3. WICE Stock
  4. Valuation Wice Logistics
-40%: Exceptional extension
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