BETAGRO |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 25.25 THB | 0.00% |
|
+7.91% | +5.21% |
| 10/05 | Betagro Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 23/04 | Betagro Public Company Limited Announces Board Changes | CI |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 65,783 | 46,435 | 48,854 | - | - |
| Enterprise Value (EV) 1 | 71,278 | 69,442 | 61,872 | 67,737 | 48,854 |
| P/E ratio | 6.73 x | -33.3 x | 19.7 x | 15 x | 14.1 x |
| Yield | 2.94% | 4.17% | 1.5% | 2.28% | 2.48% |
| Capitalization / Revenue | 0.58 x | 0.43 x | 0.42 x | 0.4 x | 0.38 x |
| EV / Revenue | 0.63 x | 0.64 x | 0.53 x | 0.55 x | 0.38 x |
| EV / EBITDA | 5.33 x | 18.1 x | 8.41 x | 7.84 x | 5.29 x |
| EV / FCF | 9.27 x | -59.4 x | 9.81 x | 31.7 x | 42.6 x |
| FCF Yield | 10.8% | -1.68% | 10.2% | 3.15% | 2.35% |
| Price to Book | 2.31 x | 1.85 x | 1.78 x | 1.65 x | 1.55 x |
| Nbr of stocks (in thousands) | 19,34,800 | 19,34,800 | 19,34,800 | - | - |
| Reference price 2 | 34.00 | 24.00 | 25.25 | 25.25 | 25.25 |
| Announcement Date | 28/02/23 | 27/02/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 1,12,626 | 1,08,638 | 1,16,231 | 1,22,853 | 1,28,739 |
| EBITDA 1 | - | 13,381 | 3,827 | 7,356 | 8,639 | 9,227 |
| EBIT 1 | - | 9,138 | -740.9 | 3,458 | 4,314 | 4,449 |
| Operating Margin | - | 8.11% | -0.68% | 2.98% | 3.51% | 3.46% |
| Earnings before Tax (EBT) 1 | - | 9,654 | -906.4 | 3,007 | 4,242 | 4,532 |
| Net income 1 | 1,011 | 7,938 | -1,398 | 2,471 | 3,495 | 3,481 |
| Net margin | - | 7.05% | -1.29% | 2.13% | 2.84% | 2.7% |
| EPS 2 | 1.535 | 5.050 | -0.7200 | 1.282 | 1.682 | 1.793 |
| Free Cash Flow 1 | - | 7,686 | -1,170 | 6,306 | 2,137 | 1,146 |
| FCF margin | - | 6.82% | -1.08% | 5.43% | 1.74% | 0.89% |
| FCF Conversion (EBITDA) | - | 57.44% | - | 85.72% | 24.73% | 12.42% |
| FCF Conversion (Net income) | - | 96.83% | - | 255.2% | 61.14% | 32.91% |
| Dividend per Share 2 | - | 1.000 | 1.000 | 0.3799 | 0.5752 | 0.6250 |
| Announcement Date | 22/02/22 | 28/02/23 | 27/02/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 |
|---|---|---|---|---|---|---|---|---|
| Net sales | 29,807 | 27,736 | 26,791 | 54,226 | 27,047 | 27,365 | 27,024 | - |
| EBITDA | 3,259 | - | - | - | 430.2 | 836 | 1,333 | - |
| EBIT | 2,142 | 562.2 | -291.8 | 270.4 | -721.3 | -384 | 126.6 | - |
| Operating Margin | 7.19% | 2.03% | -1.09% | 0.5% | -2.67% | -1.4% | 0.47% | - |
| Earnings before Tax (EBT) | 2,153 | - | -359.2 | - | -752.3 | -391.8 | 82.65 | - |
| Net income 1 | 1,796 | 392.8 | -350.6 | 42.19 | -784.1 | -656.3 | -124.1 | 450 |
| Net margin | 6.03% | 1.42% | -1.31% | 0.08% | -2.9% | -2.4% | -0.46% | - |
| EPS | - | 0.2000 | -0.1800 | 0.0200 | -0.4100 | -0.3400 | -0.0600 | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 28/02/23 | 12/05/23 | 11/08/23 | 11/08/23 | 14/11/23 | 27/02/24 | 10/05/24 | - |
1THB in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 5,495 | 23,007 | 13,018 | 18,883 | - |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.4107 x | 6.012 x | 1.77 x | 2.186 x | - |
| Free Cash Flow 1 | - | 7,686 | -1,170 | 6,306 | 2,137 | 1,146 |
| ROE (net income / shareholders' equity) | - | 35.9% | -5.21% | 8.5% | 11.4% | 11.4% |
| ROA (Net income/ Total Assets) | - | 12.9% | -2.19% | 4.45% | 4.93% | 5.23% |
| Assets 1 | - | 61,355 | 63,867 | 55,589 | 70,888 | 66,522 |
| Book Value Per Share 2 | - | 14.70 | 13.00 | 14.20 | 15.30 | 16.30 |
| Cash Flow per Share 2 | - | - | 1.670 | 3.990 | 4.410 | 4.900 |
| Capex 1 | - | 3,048 | 4,405 | 4,798 | 4,149 | 4,250 |
| Capex / Sales | - | 2.71% | 4.05% | 4.13% | 3.38% | 3.3% |
| Announcement Date | 22/02/22 | 28/02/23 | 27/02/24 | - | - | - |
1THB in Million2THB
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
25.25
THB
Average target price
24.83
THB
Spread / Average Target
-1.65%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +5.21% | 133.38Cr | |
| -5.22% | 27TCr | |
| -5.55% | 9.24TCr | |
| -3.14% | 4.35TCr | |
| +0.85% | 4.13TCr | |
| +6.81% | 4.07TCr | |
| +5.17% | 3.9TCr | |
| -16.06% | 3TCr | |
| -7.24% | 2.86TCr | |
| +15.00% | 2.57TCr |
- Stock Market
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- BTG Stock
- Financials Betagro
