Company Valuation: BEC World

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 28,200 20,200 9,760 7,800 3,780 3,660 - -
Change - -28.37% -51.68% -20.08% -51.54% -3.17% - -
Enterprise Value (EV) 1 26,482 18,240 8,944 5,384 280.8 813.4 3,660 3,660
Change - -31.12% -50.96% -39.8% -94.79% 189.68% 349.98% 0%
P/E 37.1x 33.7x 44.4x 78x 18.9x 23.9x 23.9x 30.5x
PBR 4.55x 3.24x 1.59x 1.28x 0.62x 0.58x 0.59x 0.59x
PEG - -1.6x -0.7x -1.4x 0x -1x - -1.4x
Capitalization / Revenue 4.96x 3.95x 2.1x 1.83x 0.95x 0.91x 1x 0.99x
EV / Revenue 4.66x 3.57x 1.92x 1.27x 0.07x 0.2x 1x 0.99x
EV / EBITDA 8.33x 6.66x 4.4x 3.25x 0.18x 0.55x 2.57x 2.88x
EV / EBIT 24.3x 22.1x 27x 34x 1.19x 5.21x 24.3x 49.5x
EV / FCF 7.39x 20.8x 4.69x 3.65x 0.2x 1.07x 3.98x 13.7x
FCF Yield 13.5% 4.82% 21.3% 27.4% 495% 93.3% 25.1% 7.3%
Dividend per Share 2 0.25 - 0.06 0.08 0.1 0.074 0.0533 0.03
Rate of return 1.77% - 1.23% 2.05% 5.29% 4.04% 2.91% 1.64%
EPS 2 0.38 0.3 0.11 0.05 0.1 0.0767 0.0767 0.06
Distribution rate 65.8% - 54.5% 160% 100% 96.5% 69.6% 50%
Net sales 1 5,680 5,115 4,653 4,251 3,980 4,019 3,663 3,698
EBITDA 1 3,179 2,739 2,035 1,655 1,587 1,473 1,424 1,270
EBIT 1 1,090 824.4 331.2 158.4 235.7 156 150.5 74
Net income 1 761.6 607 210 96.28 205.8 157.7 152.3 127
Net Debt 1 -1,718 -1,960 -815.8 -2,416 -3,499 -2,847 - -
Reference price 2 14.100 10.100 4.880 3.900 1.890 1.830 1.830 1.830
Nbr of stocks (in thousands) 20,00,000 20,00,000 20,00,000 20,00,000 20,00,000 20,00,000 - -
Announcement Date 18/02/22 24/02/23 23/02/24 21/02/25 20/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.76x0.2x0.53x4.79% 11Cr
19.63x2.28x10.23x1.35% 20TCr
11.03x1.52x6.55x0.88% 2.71TCr
9.08x2.16x7.01x4.01% 908.73Cr
18.12x1.93x20.61x1.67% 587.39Cr
16.26x0.76x6.08x7.33% 529.93Cr
5.16x2.01x5.62x4.49% 507.81Cr
13.09x1.1x8.32x1.5% 474.26Cr
7.53x0.97x3.11x4.07% 449.38Cr
44.21x - - 2.02% 406.89Cr
Average 16.59x 1.44x 7.56x 3.21% 2.61TCr
Weighted average by Cap. 18.04x 2.11x 9.62x 1.64%

Y-o-Y evolution of P/E

Valuation ratios - P/E - BEC World

Historical PBR trend

Valuation ratios - PBR - BEC World

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - BEC World

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - BEC World


Year-on-year evolution of the Yield

Valuation ratios - Yield - BEC World