Company Valuation: Cal-Comp Electronics (Thailand)

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 21,736 1,05,545 47,234 94,050 - -
Change - 385.58% -55.25% 99.12% - -
Enterprise Value (EV) 1 21,736 1,18,219 60,552 1,06,360 1,05,415 1,02,812
Change - 443.88% -48.78% 75.65% -0.89% -2.47%
P/E 12.2x 40.4x 22.6x 31.6x 27.1x 23.3x
PBR - - 1.91x 3.6x 3.53x 3.33x
PEG - 0.9x -1.1x 0.7x 1.6x 1.4x
Capitalization / Revenue - 0.71x 0.39x 0.67x 0.6x 0.54x
EV / Revenue - 0.8x 0.5x 0.76x 0.68x 0.59x
EV / EBITDA - 20.1x 12.4x 17.6x 15.3x 13.5x
EV / EBIT - 35x 21.7x 28x 23.6x 20.5x
EV / FCF - 14.3x 126x 21.2x 24.8x 28.3x
FCF Yield - 6.98% 0.79% 4.72% 4.04% 3.53%
Dividend per Share 2 - 0.2 0.23 0.215 0.242 0.2467
Rate of return - 1.98% 5.09% 2.39% 2.69% 2.74%
EPS 2 0.17 0.25 0.2 0.285 0.332 0.3867
Distribution rate - 80% 115% 75.4% 72.9% 63.8%
Net sales 1 - 1,47,733 1,20,220 1,40,644 1,55,825 1,75,537
EBITDA 1 - 5,873 4,871 6,058 6,883 7,599
EBIT 1 - 3,373 2,788 3,792 4,469 5,024
Net income 1 1,116 2,603 2,044 2,962 3,615 4,249
Net Debt 1 - 12,674 13,318 12,310 11,365 8,762
Reference price 2 2.080 10.100 4.520 9.000 9.000 9.000
Nbr of stocks (in thousands) 1,04,50,003 1,04,50,003 1,04,50,003 1,04,50,003 - -
Announcement Date 27/02/24 27/02/25 26/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23x1.94x15.28x0.45% 36TCr
7.91x4.43x5.52x-.--% 25TCr
24.73x10.01x17.74x0.35% 19TCr
21.32x7.58x14.66x0.14% 15TCr
24.55x2.27x11.63x0.82% 9.2TCr
18.64x0.48x8.67x1.72% 5.43TCr
144.55x8.92x39.32x-.--% 4.67TCr
33.08x5.83x19.82x1.27% 4.24TCr
29.05x5.25x15.88x0.93% 4.44TCr
Average 36.32x 5.19x 16.50x 0.63% 13.69TCr
Weighted average by Cap. 25.08x 4.88x 14.12x 0.42%

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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  5. Valuation Cal-Comp Electronics (Thailand)