Company Valuation: CMO

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 224.8 1,443 1,219 236 298.3 166.2
Change - 542.05% -15.52% -80.65% 26.4% -44.29%
Enterprise Value (EV) 1 595.1 1,827 1,551 682.3 554.6 339.3
Change - 206.96% -15.11% -56% -18.71% -38.82%
P/E -1.73x -12x -37.4x -1.39x -2.98x 5.08x
PBR 0.45x 3.8x 2.42x 0.83x 1.07x 0.53x
PEG - 1.65x 0.5x -0x 0x -0x
Capitalization / Revenue 0.31x 2.98x 1.03x 0.18x 0.24x 0.12x
EV / Revenue 0.83x 3.77x 1.3x 0.53x 0.44x 0.24x
EV / EBITDA -5.02x -23.8x 43.7x -10.4x 22.4x 2.49x
EV / EBIT -3.32x -15.7x -396x -6.92x -24.9x 3.55x
EV / FCF 34.2x 312x -19.6x -29.4x 3.75x 2.73x
FCF Yield 2.92% 0.32% -5.09% -3.4% 26.7% 36.7%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.5088 -0.4717 -0.1161 -0.6023 -0.2346 0.0768
Distribution rate - - - - - -
Net sales 1 718 484 1,189 1,277 1,257 1,421
EBITDA 1 -118.5 -76.8 35.51 -65.39 24.71 136.4
EBIT 1 -179.3 -116.1 -3.919 -98.66 -22.3 95.65
Net income 1 -130 -120.5 -31.39 -169.2 -97.95 32.73
Net Debt 1 370.3 383.4 331.3 446.3 256.3 173.1
Reference price 2 0.8800 5.6500 4.3400 0.8400 0.7000 0.3900
Nbr of stocks (in thousands) 2,55,463 2,55,463 2,80,963 2,80,963 4,26,175 4,26,175
Announcement Date 23/02/21 24/02/22 24/02/23 27/02/24 26/02/25 28/02/26
1THB in Million2THB
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 76.12L
28.68x14.62x20.78x0.75% 66TCr
35.39x6.49x23.02x1.02% 7.79TCr
-103.58x23.48x56.46x-.--% 6.47TCr
21.76x4.32x9.51x0.78% 6.23TCr
10.33x1.38x7.08x1.07% 4.49TCr
44.67x1.65x9.22x-.--% 4.44TCr
18.69x3.23x7.69x1.69% 3TCr
19.49x5.99x11.42x-.--% 2.55TCr
9.59x2.55x6.14x-.--% 2.4TCr
Average 9.44x 7.08x 16.81x 0.59% 10.33TCr
Weighted average by Cap. 19.42x 11.98x 20.46x 0.7%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA