Financials Charn Issara Development

Equities

CI

TH0696010Z05

Real Estate Development & Operations

End-of-day quote Thailand S.E. 03:30:00 17/05/2024 am IST 5-day change 1st Jan Change
0.58 THB 0.00% Intraday chart for Charn Issara Development -1.69% +11.54%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,301 938.6 810.6 1,365 885.3 554.6
Enterprise Value (EV) 1 4,081 4,164 7,611 7,574 7,201 8,022
P/E ratio 13.4 x 3.47 x -2.47 x -30.6 x -4.43 x -2.5 x
Yield 2.62% 1.76% - - - -
Capitalization / Revenue 0.41 x 0.64 x 0.6 x 0.69 x 0.44 x 0.28 x
EV / Revenue 1.28 x 2.84 x 5.65 x 3.85 x 3.57 x 4.09 x
EV / EBITDA 17.2 x -9.17 x -46.7 x -127 x -221 x 155 x
EV / FCF 9.31 x -3.32 x -6.53 x 121 x 8.94 x -5.22 x
FCF Yield 10.7% -30.1% -15.3% 0.83% 11.2% -19.2%
Price to Book 0.74 x 0.47 x 0.52 x 0.93 x 0.46 x 0.35 x
Nbr of stocks (in thousands) 10,66,510 10,66,593 10,66,596 10,66,596 10,66,596 10,66,596
Reference price 2 1.220 0.8800 0.7600 1.280 0.8300 0.5200
Announcement Date 28/02/19 02/03/20 01/03/21 28/02/22 28/02/23 29/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,188 1,468 1,348 1,968 2,019 1,961
EBITDA 1 236.8 -454.3 -163 -59.81 -32.55 51.84
EBIT 1 169.9 -516.1 -224.3 -121.5 -151.7 -94.38
Operating Margin 5.33% -35.15% -16.64% -6.18% -7.51% -4.81%
Earnings before Tax (EBT) 1 164.9 172.8 -471.9 -121.8 -290.4 -202.2
Net income 1 82.41 270.6 -328.2 -44.61 -199.8 -221.6
Net margin 2.59% 18.43% -24.36% -2.27% -9.89% -11.3%
EPS 2 0.0912 0.2537 -0.3077 -0.0418 -0.1873 -0.2078
Free Cash Flow 1 438.5 -1,253 -1,166 62.78 805.6 -1,537
FCF margin 13.76% -85.34% -86.52% 3.19% 39.9% -78.35%
FCF Conversion (EBITDA) 185.16% - - - - -
FCF Conversion (Net income) 532.16% - - - - -
Dividend per Share 2 0.0320 0.0155 - - - -
Announcement Date 28/02/19 02/03/20 01/03/21 28/02/22 28/02/23 29/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,780 3,225 6,800 6,209 6,316 7,467
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 11.74 x -7.099 x -41.73 x -103.8 x -194 x 144.1 x
Free Cash Flow 1 439 -1,253 -1,166 62.8 806 -1,537
ROE (net income / shareholders' equity) 4.71% 6.55% -14.4% -4.11% -9.45% -10.9%
ROA (Net income/ Total Assets) 1.36% -3.92% -1.44% -0.72% -0.89% -0.49%
Assets 1 6,074 -6,899 22,816 6,167 22,500 45,031
Book Value Per Share 2 1.650 1.870 1.470 1.380 1.820 1.500
Cash Flow per Share 2 0.8400 0.5600 0.5300 0.3100 0.3700 0.2800
Capex - 193 343 292 54.8 45.9
Capex / Sales - 13.13% 25.48% 14.85% 2.71% 2.34%
Announcement Date 28/02/19 02/03/20 01/03/21 28/02/22 28/02/23 29/02/24
1THB in Million2THB
Estimates
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