Company Valuation: GFPT

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 16,049 16,049 14,419 11,974 13,291 12,476 - -
Change - 0% -10.16% -16.96% 10.99% -6.13% - -
Enterprise Value (EV) 1 19,417 19,402 16,197 14,298 13,611 11,996 10,653 9,277
Change - -0.08% -16.52% -11.73% -4.81% -11.87% -11.2% -12.92%
P/E 75.3x 7.85x 10.5x 6.08x 5.44x 5.8x 5.44x 5.31x
PBR 1.1x 0.97x 0.82x 0.62x 0.62x 0.53x 0.49x 0.46x
PEG - 0x -0.3x 0.1x 0.2x -0.5x 0.81x 2.19x
Capitalization / Revenue 1.16x 0.88x 0.76x 0.62x 0.71x 0.67x 0.64x 0.61x
EV / Revenue 1.41x 1.06x 0.85x 0.74x 0.72x 0.64x 0.54x 0.45x
EV / EBITDA 20x 7.37x 7.27x 5.16x 4.07x 3.62x 3.07x 2.58x
EV / EBIT -73.3x 14.8x 22.6x 13x 8.44x 8.01x 6.34x 5.74x
EV / FCF -24.2x 54.2x 18x 13x 8.83x 6.35x 4.39x 3.1x
FCF Yield -4.13% 1.84% 5.54% 7.7% 11.3% 15.7% 22.8% 32.2%
Dividend per Share 2 0.1 - - 0.2 - 0.1967 0.2314 0.2125
Rate of return 0.78% - - 2.09% - 1.98% 2.33% 2.14%
EPS 2 0.17 1.63 1.1 1.57 1.95 1.714 1.829 1.873
Distribution rate 58.8% - - 12.7% - 11.5% 12.7% 11.3%
Net sales 1 13,781 18,222 18,963 19,314 18,840 18,752 19,593 20,393
EBITDA 1 968.8 2,631 2,229 2,773 3,345 3,316 3,473 3,602
EBIT 1 -265 1,309 717.9 1,099 1,612 1,497 1,681 1,617
Net income 1 209.3 2,044 1,377 1,974 2,439 2,145 2,285 2,351
Net Debt 1 3,368 3,353 1,778 2,324 320 -480 -1,823 -3,199
Reference price 2 12.800 12.800 11.500 9.550 10.600 9.950 9.950 9.950
Nbr of stocks (in thousands) 1,253,821 1,253,821 1,253,821 1,253,821 1,253,821 1,253,821 - -
Announcement Date 22/2/22 21/2/23 20/2/24 20/2/25 20/2/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
5.8x0.64x3.62x1.98% 375M
20.67x2.82x14.05x4% 249B
19.61x2.47x14.73x3.34% 78.63B
17.15x1.78x10.08x3.65% 48.13B
15.66x0.56x10.17x2.47% 40.75B
21.31x3.23x13.12x3.28% 35.36B
36.62x3.17x18.24x1% 31.82B
-25.41x1.93x9.62x6.19% 30.68B
66.86x10.26x42.56x1.14% 29.33B
Average 19.81x 2.99x 15.13x 3% 60.44B
Weighted average by Cap. 20.69x 2.90x 14.97x 3.5%

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