Company Valuation: G Capital

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 507 654 451.8 232.4 162.4 162.6
Change - 28.99% -30.91% -48.57% -30.11% 0.1%
Enterprise Value (EV) 1 2,131 1,907 1,311 900.6 652.4 633.2
Change - -10.52% -31.24% -31.31% -27.55% -2.95%
P/E 130x -11.2x -4.1x 14.4x -11.4x -2.39x
PBR 0.98x 1.43x 1.08x 0.48x 0.32x 0.38x
PEG - 0x -0.1x -0x 0x -0x
Capitalization / Revenue 3.56x 10.5x -21.3x 1.98x 1.85x 4.5x
EV / Revenue 15x 30.7x -61.9x 7.66x 7.43x 17.5x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 0.05 0.1 - - - -
Rate of return 2.96% 4.59% - - - -
EPS 2 0.013 -0.1952 -0.2948 0.0383 -0.0272 -0.1255
Distribution rate 385% -51.2% - - - -
Net sales 1 142.3 62.06 -21.19 117.5 87.86 36.15
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 3.901 -58.57 -100.6 14.82 -12.77 -67.66
Net Debt 1 1,624 1,253 859.2 668.2 490 470.6
Reference price 2 1.6900 2.1800 1.2100 0.5500 0.3100 0.3000
Nbr of stocks (in thousands) 300,000 300,000 373,407 422,495 523,897 541,897
Announcement Date 1/3/21 28/2/22 23/2/23 23/2/24 27/2/25 25/2/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 4.33M
7.78x7.03x7.95x1.01% 23.64B
11.44x4.17x22.84x3.94% 11.92B
5.33x - - 5.72% 10.9B
10.63x - - 4.63% 10.1B
4.77x - - 7.01% 7.92B
8.59x3.16x28x3.89% 7.88B
15.39x13.7x33.43x1.49% 6.43B
Average 9.13x 7.02x 23.06x 3.96% 9.85B
Weighted average by Cap. 8.76x 6.60x 17.97x 3.5%

Y-o-Y evolution of P/E

Valuation ratios - P/E - G Capital

Historical PBR trend

Valuation ratios - PBR - G Capital

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - G Capital

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - G Capital