Company Valuation: Cal-Comp Electronics (Thailand)

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 21,736 105,545 47,234 91,438 - -
Change - 385.58% -55.25% 93.58% - -
Enterprise Value (EV) 1 21,736 118,219 60,552 104,409 103,710 99,899
Change - 443.88% -48.78% 72.43% -0.67% -3.67%
P/E 12.2x 40.4x 22.6x 32x 25.5x 22.6x
PBR - - 1.91x 3.46x 3.32x 3.14x
PEG - 0.9x -1.1x 1x 1x 1.8x
Capitalization / Revenue - 0.71x 0.39x 0.64x 0.59x 0.53x
EV / Revenue - 0.8x 0.5x 0.73x 0.67x 0.58x
EV / EBITDA - 20.1x 12.4x 17.2x 14.9x 13.1x
EV / EBIT - 35x 21.7x 28.2x 23.9x 20.9x
EV / FCF - 14.3x 126x 16.7x 25.9x 29.5x
FCF Yield - 6.98% 0.79% 6% 3.86% 3.39%
Dividend per Share 2 - 0.2 0.23 0.186 0.24 0.2367
Rate of return - 1.98% 5.09% 2.2% 2.84% 2.8%
EPS 2 0.17 0.25 0.2 0.264 0.332 0.3733
Distribution rate - 80% 115% 70.5% 72.3% 63.4%
Net sales 1 - 147,733 120,220 142,355 154,297 171,985
EBITDA 1 - 5,873 4,871 6,061 6,975 7,655
EBIT 1 - 3,373 2,788 3,708 4,344 4,772
Net income 1 1,116 2,603 2,044 2,948 3,607 4,117
Net Debt 1 - 12,674 13,318 12,972 12,272 8,461
Reference price 2 2.080 10.100 4.520 8.450 8.450 8.450
Nbr of stocks (in thousands) 10,450,003 10,450,003 10,450,003 10,450,003 - -
Announcement Date 27/2/24 27/2/25 26/2/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
29.03x1.96x18.14x0.5% 320B
26.79x10.84x19.46x0.32% 209B
26.7x2.08x10.88x0.95% 79.21B
21.88x0.47x9.23x1.63% 55.17B
31.12x5.45x19.18x1.11% 39.07B
35.23x21.51x26.64x1.26% 36.3B
13.81x0.59x7.17x3.83% 28.62B
12.02x0.62x9.36x5.59% 21.67B
16.02x0.3x8.91x0.76% 20.36B
Average 23.62x 4.87x 14.33x 1.77% 89.86B
Weighted average by Cap. 26.79x 5.08x 16.74x 0.9%

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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  5. Valuation Cal-Comp Electronics (Thailand)