Company Valuation: Supalai

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 44,223 47,459 36,327 35,546 32,070 29,617 - -
Change - 7.32% -23.46% -2.15% -9.78% -7.65% - -
Enterprise Value (EV) 1 62,487 47,459 58,780 64,609 66,269 59,716 60,628 58,757
Change - -24.05% 23.85% 9.92% 2.57% -9.89% 1.53% -3.09%
P/E Ratio 6.25x 5.8x 6.06x 5.74x 8.13x 6.8x 6.36x 5.77x
PBR 1.05x - 0.72x 0.67x 0.6x 0.53x 0.51x 0.49x
PEG - 0.4x -0.2x 1.76x -0.2x 0.6x 0.94x 0.6x
Capitalization / Revenue 1.52x 1.38x 1.17x 1.14x 1.33x 1.17x 1.13x 1.07x
EV / Revenue 2.14x 1.38x 1.89x 2.07x 2.75x 2.35x 2.31x 2.12x
EV / EBITDA 7.4x 4.99x 7.96x 8.43x 14.2x 10.8x 10.7x 9.56x
EV / EBIT 7.51x 5.06x 8.11x 8.66x 14.8x 12.1x 11.9x 10.5x
EV / FCF 15.9x - -227x -69.5x 93.1x 6.46x 13.4x 15.3x
FCF Yield 6.28% - -0.44% -1.44% 1.07% 15.5% 7.46% 6.55%
Dividend per Share 2 1 - 1.45 1.35 1.4 1.251 1.301 1.405
Rate of return 4.41% - 7.8% 7.42% 8.24% 7.97% 8.28% 8.95%
EPS 2 3.63 4.19 3.07 3.17 2.09 2.31 2.467 2.722
Distribution rate 27.5% - 47.2% 42.6% 67% 54.2% 52.7% 51.6%
Net sales 1 29,160 34,486 31,177 31,194 24,124 25,374 26,287 27,778
EBITDA 1 8,444 9,514 7,386 7,665 4,680 5,528 5,688 6,146
EBIT 1 8,321 9,387 7,249 7,462 4,467 4,932 5,116 5,594
Net income 1 7,070 8,173 5,989 6,190 4,015 4,483 4,779 5,228
Net Debt 1 18,264 - 22,453 29,064 34,200 30,099 31,011 29,139
Reference price 2 22.70 24.30 18.60 18.20 17.00 15.70 15.70 15.70
Nbr of stocks (in thousands) 1,948,141 1,953,054 1,953,054 1,953,054 1,886,454 1,886,454 - -
Announcement Date 22/2/22 21/2/23 20/2/24 25/2/25 25/2/26 - - -
1THB in Million2THB
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.88x2.37x10.87x7.87% 922M
15.33x4.76x13.05x3.26% 44.24B
9.12x1.53x7.66x3.91% 32.84B
23.47x4.51x18.92x1.08% 32.22B
5.94x0.67x1.35x8.55% 28.15B
15.84x3.21x15.88x2.21% 26.65B
11.81x1.78x15.13x3.2% 21.84B
9.61x2.32x7.98x3.87% 20.99B
15.98x6.81x19.31x1.19% 21.25B
14.73x0.94x6.21x2.53% 20.44B
Average 12.87x 2.89x 11.64x 3.77% 24.95B
Weighted average by Cap. 13.74x 3.06x 11.80x 3.38%

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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