Financials Chumporn Palm Oil Industry

Equities

CPI

TH0389010Z07

Food Processing

End-of-day quote Thailand S.E. 03:30:00 21/06/2024 am IST 5-day change 1st Jan Change
2.28 THB +0.88% Intraday chart for Chumporn Palm Oil Industry +1.79% -12.31%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 942.8 1,025 1,139 1,873 1,898 1,645
Enterprise Value (EV) 1 3,164 2,773 2,816 3,422 3,544 2,899
P/E ratio -6.76 x 11.4 x 7.16 x 6.41 x 5.76 x 10.9 x
Yield - 4.38% 6.11% 6.42% 7% 4.23%
Capitalization / Revenue 0.23 x 0.31 x 0.29 x 0.33 x 0.25 x 0.31 x
EV / Revenue 0.77 x 0.83 x 0.72 x 0.61 x 0.46 x 0.55 x
EV / EBITDA 16.9 x 7.68 x 6.95 x 6.68 x 6.15 x 7.56 x
EV / FCF 13.7 x 6.51 x 46.2 x 49.6 x -29.4 x 6.16 x
FCF Yield 7.31% 15.4% 2.16% 2.02% -3.4% 16.2%
Price to Book 0.53 x 0.55 x 0.58 x 0.86 x 0.73 x 0.62 x
Nbr of stocks (in thousands) 6,32,753 6,32,753 6,32,753 6,32,753 6,32,753 6,32,753
Reference price 2 1.490 1.620 1.800 2.960 3.000 2.600
Announcement Date 21/02/19 17/02/20 25/02/21 24/02/22 23/02/23 22/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,132 3,336 3,899 5,616 7,698 5,269
EBITDA 1 187.3 361 405 511.9 575.9 383.5
EBIT 1 -21.41 160.3 217.8 339.7 403.3 205.6
Operating Margin -0.52% 4.8% 5.59% 6.05% 5.24% 3.9%
Earnings before Tax (EBT) 1 -138.4 92.45 160.8 296.9 351.1 157.4
Net income 1 -139.4 90.14 159.1 292.3 329.5 151.2
Net margin -3.37% 2.7% 4.08% 5.2% 4.28% 2.87%
EPS 2 -0.2203 0.1424 0.2514 0.4619 0.5207 0.2390
Free Cash Flow 1 231.3 426.2 60.91 69.04 -120.4 470.8
FCF margin 5.6% 12.77% 1.56% 1.23% -1.56% 8.93%
FCF Conversion (EBITDA) 123.53% 118.06% 15.04% 13.49% - 122.76%
FCF Conversion (Net income) - 472.84% 38.29% 23.62% - 311.31%
Dividend per Share - 0.0710 0.1100 0.1900 0.2100 0.1100
Announcement Date 21/02/19 17/02/20 25/02/21 24/02/22 23/02/23 22/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,222 1,748 1,677 1,549 1,646 1,254
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 11.86 x 4.843 x 4.141 x 3.026 x 2.857 x 3.268 x
Free Cash Flow 1 231 426 60.9 69 -120 471
ROE (net income / shareholders' equity) -7.89% 4.98% 8.33% 14.1% 13.7% 5.75%
ROA (Net income/ Total Assets) -0.3% 2.34% 3.34% 4.98% 5.45% 2.76%
Assets 1 47,196 3,856 4,765 5,871 6,045 5,489
Book Value Per Share 2 2.790 2.930 3.100 3.460 4.140 4.170
Cash Flow per Share 2 0.2000 0.1100 0.1500 0.1700 0.1200 0.1100
Capex 1 141 74.5 57.5 94.2 90.1 159
Capex / Sales 3.41% 2.23% 1.47% 1.68% 1.17% 3.01%
Announcement Date 21/02/19 17/02/20 25/02/21 24/02/22 23/02/23 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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