Financials Capital Nomura Securities PCL

Equities

CNS

TH0108010Z01

Investment Banking & Brokerage Services

End-of-day quote Thailand S.E.
- THB - Intraday chart for Capital Nomura Securities PCL

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 6,021 4,645 5,376 2,796 2,796 2,796
Enterprise Value (EV) 1 8,931 5,205 5,617 2,704 6,450 7,070
P/E ratio 12.7 x 26.2 x 41.7 x 8.13 x 6.19 x 10 x
Yield 7.5% 3.61% 2.24% 12.3% 12.3% 16%
Capitalization / Revenue 3.39 x 3.34 x 4.36 x 1.75 x 1.51 x 1.9 x
EV / Revenue 5.03 x 3.75 x 4.56 x 1.69 x 3.48 x 4.79 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.08 x 0.87 x 1.02 x 0.51 x 0.49 x 0.51 x
Nbr of stocks (in thousands) 21,50,469 21,50,469 21,50,469 21,50,469 21,50,469 21,50,469
Reference price 2 2.800 2.160 2.500 1.300 1.300 1.300
Announcement Date 23/02/18 22/02/19 26/02/20 19/03/21 01/03/23 01/03/23
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,777 1,390 1,233 1,596 1,854 1,475
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 590.3 217.7 157.3 438.1 564.4 362
Net income 1 475.4 177.5 128.8 353.4 451.7 289.9
Net margin 26.76% 12.77% 10.45% 22.15% 24.36% 19.66%
EPS 2 0.2211 0.0825 0.0599 0.1600 0.2100 0.1300
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.2100 0.0780 0.0560 0.1600 0.1600 0.2080
Announcement Date 23/02/18 22/02/19 26/02/20 19/03/21 01/03/23 01/03/23
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 2,910 560 241 - 3,654 4,275
Net Cash position 1 - - - 91.8 - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 8.6% 3.26% 2.44% 6.57% 8.13% 5.23%
ROA (Net income/ Total Assets) 4.1% 1.56% 1.44% 4.33% 4.15% 2.17%
Assets 1 11,598 11,409 8,963 8,169 10,888 13,334
Book Value Per Share 2 2.590 2.470 2.450 2.560 2.670 2.540
Cash Flow per Share 2 0.1300 0.1800 0.2400 0.2800 0.2900 0.3700
Capex 1 28 19.8 35.4 22.3 56 54.6
Capex / Sales 1.58% 1.42% 2.87% 1.4% 3.02% 3.7%
Announcement Date 23/02/18 22/02/19 26/02/20 19/03/21 01/03/23 01/03/23
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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