Financials G-Able Thailand S.E.

Equities

GABLE-R

THB318010R16

IT Services & Consulting

End-of-day quote Thailand S.E. 03:30:00 23/05/2024 am IST 5-day change 1st Jan Change
4.4 THB 0.00% Intraday chart for G-Able +0.46% +0.46%

Valuation

Fiscal Period: December 2023 2024 2025 2026
Capitalization 1 3,066 3,080 - -
Enterprise Value (EV) 1 3,066 3,080 3,080 3,080
P/E ratio 11.2 x 11.1 x 9.46 x 18 x
Yield - 4.43% 5.45% 5.68%
Capitalization / Revenue 0.57 x 0.54 x 0.51 x 0.49 x
EV / Revenue 0.57 x 0.54 x 0.51 x 0.49 x
EV / EBITDA 7.99 x 7.66 x 6.88 x 6.67 x
EV / FCF - -11.9 x 432 x 77.3 x
FCF Yield - -8.43% 0.23% 1.29%
Price to Book - 1.39 x 1.36 x 1.32 x
Nbr of stocks (in thousands) 7,00,021 7,00,021 - -
Reference price 2 4.380 4.400 4.400 4.400
Announcement Date 21/02/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 - 5,338 5,717 6,034 6,326
EBITDA 1 - 383.7 402 448 462
EBIT 1 - 314.1 299 359 408
Operating Margin - 5.88% 5.23% 5.95% 6.45%
Earnings before Tax (EBT) 1 - 317.2 347.5 395.5 439.5
Net income 1 266.7 251.8 276 313 347
Net margin - 4.72% 4.83% 5.19% 5.49%
EPS 2 0.6200 0.3900 0.3950 0.4650 0.2450
Free Cash Flow 1 - - -259.7 7.13 39.87
FCF margin - - -4.54% 0.12% 0.63%
FCF Conversion (EBITDA) - - - 1.59% 8.63%
FCF Conversion (Net income) - - - 2.28% 11.49%
Dividend per Share 2 - - 0.1950 0.2400 0.2500
Announcement Date 20/03/23 21/02/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q3 2023 Q4 2024 Q1
Net sales 1 1,342 1,638 1,153
EBITDA 103 140.9 -
EBIT - - -
Operating Margin - - -
Earnings before Tax (EBT) 1 83.15 127.9 10.17
Net income 1 66.32 101.1 8.767
Net margin 4.94% 6.18% 0.76%
EPS 2 0.0900 0.1500 0.0100
Dividend per Share - - -
Announcement Date 14/11/23 21/02/24 14/05/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 - - -260 7.13 39.9
ROE (net income / shareholders' equity) - - 12.5% 13.8% 14.9%
ROA (Net income/ Total Assets) - - 5.17% 5.95% 6.4%
Assets 1 - - 5,338 5,261 5,422
Book Value Per Share 2 - - 3.170 3.250 3.350
Cash Flow per Share 2 - - 0.1500 0.2400 0.2900
Capex 1 - - 95 85 -
Capex / Sales - - 1.66% 1.41% -
Announcement Date 20/03/23 21/02/24 - - -
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
4.4 THB
Average target price
5.5 THB
Spread / Average Target
+25.00%
Consensus