Company Valuation: Samart Aviation Solutions

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 10,304 12,288 7,470 6,959 - -
Change - 19.25% -39.21% -6.84% - -
Enterprise Value (EV) 10,304 11,700 7,470 6,959 6,959 6,959
Change - 13.55% -36.16% -6.84% 0% 0%
P/E 35x 26.3x 13.8x 12.1x 11.1x 10.4x
PBR 8.08x 8.06x 5.43x 4.53x 4.24x 3.55x
PEG 1.1x 0.4x 0.8x 2.06x 1.25x 1.46x
Capitalization / Revenue 6.27x 7x 3.61x 3.52x 3.23x 2.95x
EV / Revenue 0x 0x 0x 3.52x 3.23x 2.95x
EV / EBITDA 0x 0x 0x 8.48x 7.65x 6.75x
EV / EBIT 0x 0x 0x 9.08x 8.28x -
EV / FCF 0x 0x 0x 13.4x 11.7x -
FCF Yield 2.94% 4.2% 8.79% 7.46% 8.53% -
Dividend per Share 2 0.75 1.1 0.9 0.7967 0.84 0.84
Rate of return 4.66% 5.73% 7.69% 7.31% 7.71% 7.71%
EPS 2 0.46 0.73 0.85 0.9 0.98 1.05
Distribution rate 163% 151% 106% 88.5% 85.7% 80%
Net sales 1 1,644 1,756 2,071 1,980 2,157 2,360
EBITDA 1 579.1 710 826.2 820.3 909.7 1,031
EBIT 1 514.8 642.5 753.3 766.5 840 -
Net income 1 271.6 464.3 545.8 567.3 628.3 675
Net Debt - -588 - - - -
Reference price 2 16.10 19.20 11.70 10.90 10.90 10.90
Nbr of stocks (in thousands) 640,000 640,000 638,425 638,425 - -
Announcement Date 21/2/24 19/2/25 27/2/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
46.53x13.37x23.66x1.28% 27.58B
19.68x3.13x9.81x1.6% 6.71B
22.49x4.37x10.97x3.14% 5.17B
13.12x5.35x8.26x5.98% 4.81B
140.5x - - 0.36% 4.78B
16x5.94x9.83x6.26% 3.85B
25.64x2.49x9.82x6.06% 3.13B
25.39x1.57x5.04x1.92% 3.03B
Average 38.67x 5.18x 11.06x 3.32% 7.38B
Weighted average by Cap. 42.08x 8.73x 16.56x 2.4%

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. SAV Stock
  4. SAV-R Stock
  5. Valuation Samart Aviation Solutions