Company Valuation: VGI

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 43,917 43,883 18,695 59,600 19,624 19,624 - -
Change - -0.08% -57.4% 218.8% -67.07% 0% - -
Enterprise Value (EV) 1 51,412 38,425 16,256 42,097 14,034 4,244 4,464 4,608
Change - -25.26% -57.7% 158.97% -66.66% -69.76% 5.18% 3.23%
P/E -364x -653x -5.35x 99.3x -18.6x 47.7x 62x 62x
PBR 1.51x 1.56x 0.8x 1.71x 0.56x 0.54x 0.54x 0.54x
PEG - 11.4x -0x -1x 0x -0x -2.7x -
Capitalization / Revenue 10.7x 8.98x 3.88x 11.4x 4.22x 4.1x 3.81x 3.66x
EV / Revenue 12.5x 7.86x 3.38x 8.07x 3.02x 0.89x 0.87x 0.86x
EV / EBITDA 95.4x 52.6x -27.6x 40.6x -207x -106x -46.5x -42.7x
EV / EBIT -187x -57.3x -15.2x 85.6x -22.3x 41.6x 24.5x 22.4x
EV / FCF -129x -70.8x -12.2x 252x -30.2x -3.51x -28.1x -67.8x
FCF Yield -0.77% -1.41% -8.21% 0.4% -3.32% -28.5% -3.56% -1.48%
Dividend per Share 2 0.04 0.08 - 0.013 - 0.01 0.01 0.01
Rate of return 0.78% 2.04% - 0.44% - 1.08% 1.08% 1.08%
EPS 2 -0.014 -0.006 -0.312 0.03 -0.05 0.0195 0.015 0.015
Distribution rate -286% -1,333% - 43.3% - 51.3% 66.7% 66.7%
Net sales 1 4,098 4,889 4,813 5,219 4,646 4,789 5,151 5,361
EBITDA 1 538.8 730.8 -588.9 1,037 -67.76 -40 -96 -108
EBIT 1 -275.3 -670.9 -1,068 491.5 -630.4 102 182 206
Net income 1 -120.3 -64.88 -3,489 501.2 -1,064 415 346.5 353
Net Debt 1 7,495 -5,457 -2,439 -17,503 -5,590 -15,380 -15,160 -15,016
Reference price 2 5.1000 3.9200 1.6700 2.9800 0.9300 0.9300 0.9300 0.9300
Nbr of stocks (in thousands) 8,611,166 11,194,518 11,194,520 20,000,000 21,101,285 21,101,285 - -
Announcement Date 25/5/22 25/5/23 27/5/24 30/5/25 25/5/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
47.69x0.89x-106.1x1.08% 583M
13.78x1.49x6.82x4.11% 26.81B
9.13x0.99x5.61x4.43% 20.49B
11.98x5.2x9.02x7.18% 10.18B
131.89x0.54x89.06x - 6.62B
16.4x1.35x4.66x2.82% 5.91B
11.1x0.77x4.86x-.--% 5.87B
16.95x0.73x4.39x3.93% 5.46B
-53.6x1.77x7.46x0% 5.09B
Average 22.81x 1.52x 2.86x 2.94% 9.67B
Weighted average by Cap. 17.94x 1.64x 11.90x 3.89%

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