Financials BJC Heavy Industries

Equities

BJCHI

TH4920A10Z02

Industrial Machinery & Equipment

End-of-day quote Thailand S.E. 03:30:00 21/05/2024 am IST 5-day change 1st Jan Change
1.3 THB -0.76% Intraday chart for BJC Heavy Industries +13.04% +19.27%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,959 3,081 2,538 3,767 2,783 1,744
Enterprise Value (EV) 1 1,818 2,397 1,945 1,904 1,719 857.6
P/E ratio -12.8 x 65.3 x -13.1 x 24.7 x 14.6 x 23.3 x
Yield 5.41% 6.74% 1.89% 2.12% 6.9% 7.34%
Capitalization / Revenue 3.25 x 1.53 x 1.26 x 2.81 x 1.03 x 0.5 x
EV / Revenue 2 x 1.19 x 0.97 x 1.42 x 0.63 x 0.25 x
EV / EBITDA -14.2 x 9.73 x -20.6 x 23.7 x 5.99 x 3.92 x
EV / FCF 31.2 x -7.67 x 7.33 x - -2.32 x -143 x
FCF Yield 3.21% -13% 13.6% - -43.1% -0.7%
Price to Book 0.78 x 0.84 x 0.78 x 1.12 x 0.8 x 0.52 x
Nbr of stocks (in thousands) 15,99,600 15,96,270 15,96,270 15,96,270 15,99,690 15,99,690
Reference price 2 1.850 1.930 1.590 2.360 1.740 1.090
Announcement Date 26/02/19 27/02/20 01/03/21 27/02/22 24/02/23 22/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 909.3 2,018 2,006 1,340 2,710 3,493
EBITDA 1 -127.6 246.2 -94.34 80.31 286.8 218.7
EBIT 1 -233.8 149.9 -194.8 -19.91 188.1 98.05
Operating Margin -25.71% 7.43% -9.71% -1.49% 6.94% 2.81%
Earnings before Tax (EBT) 1 -227.6 60.12 -193.7 151.3 184.7 68.12
Net income 1 -231.2 47.21 -193.9 152.7 189.8 74.71
Net margin -25.43% 2.34% -9.66% 11.4% 7% 2.14%
EPS 2 -0.1445 0.0295 -0.1215 0.0957 0.1188 0.0467
Free Cash Flow 1 58.31 -312.3 265.3 - -740.7 -6.006
FCF margin 6.41% -15.48% 13.22% - -27.33% -0.17%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.1000 0.1300 0.0300 0.0500 0.1200 0.0800
Announcement Date 26/02/19 27/02/20 01/03/21 27/02/22 24/02/23 22/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,141 684 593 1,863 1,065 886
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 58.3 -312 265 - -741 -6.01
ROE (net income / shareholders' equity) -5.92% 1.27% -5.59% 4.6% 5.52% 2.17%
ROA (Net income/ Total Assets) -3.59% 2.25% -2.96% -0.33% 2.82% 1.4%
Assets 1 6,442 2,095 6,551 -46,917 6,736 5,321
Book Value Per Share 2 2.370 2.290 2.050 2.110 2.190 2.110
Cash Flow per Share 2 0.5100 0.2400 0.3700 1.120 0.6500 0.5300
Capex 1 109 227 103 - 318 66.2
Capex / Sales 11.93% 11.27% 5.12% - 11.73% 1.89%
Announcement Date 26/02/19 27/02/20 01/03/21 27/02/22 24/02/23 22/02/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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