Financials Matching Maximize Solution

Equities

MATCH

TH0703010Y00

Entertainment Production

End-of-day quote Thailand S.E. 03:30:00 26/06/2024 am IST 5-day change 1st Jan Change
1.5 THB +1.35% Intraday chart for Matching Maximize Solution +7.91% +4.17%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,641 1,227 1,212 1,462 1,532 1,126
Enterprise Value (EV) 1 1,728 1,317 1,426 1,611 1,710 1,278
P/E ratio -42.3 x -32 x -7.13 x -88.8 x -23.5 x 55.9 x
Yield - - - - - -
Capitalization / Revenue 3.36 x 2.56 x 4.85 x 4.17 x 4.46 x 2.5 x
EV / Revenue 3.54 x 2.75 x 5.71 x 4.59 x 4.98 x 2.84 x
EV / EBITDA 31.5 x 19.2 x -15.4 x 20.7 x 72.8 x 12.7 x
EV / FCF 70.9 x 765 x -39.8 x 23.1 x -305 x 362 x
FCF Yield 1.41% 0.13% -2.51% 4.34% -0.33% 0.28%
Price to Book 1.06 x 0.81 x 0.91 x 1.11 x 1.22 x 0.88 x
Nbr of stocks (in thousands) 7,81,629 7,81,629 7,81,629 7,81,629 7,81,629 7,81,629
Reference price 2 2.100 1.570 1.550 1.870 1.960 1.440
Announcement Date 22/02/19 21/02/20 22/02/21 23/02/22 22/02/23 22/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 488 479.2 249.7 350.8 343.1 450.8
EBITDA 1 54.93 68.56 -92.52 77.79 23.49 100.8
EBIT 1 -46.84 -28.17 -186.8 -7.237 -56.44 26.61
Operating Margin -9.6% -5.88% -74.81% -2.06% -16.45% 5.9%
Earnings before Tax (EBT) 1 -34.68 -37.68 -192.5 -14.66 -65.44 25.77
Net income 1 -38.74 -38.39 -169.9 -16.47 -65.26 20.13
Net margin -7.94% -8.01% -68.01% -4.69% -19.02% 4.47%
EPS 2 -0.0496 -0.0491 -0.2173 -0.0211 -0.0835 0.0258
Free Cash Flow 1 24.37 1.722 -35.85 69.88 -5.604 3.53
FCF margin 4.99% 0.36% -14.35% 19.92% -1.63% 0.78%
FCF Conversion (EBITDA) 44.37% 2.51% - 89.84% - 3.5%
FCF Conversion (Net income) - - - - - 17.53%
Dividend per Share - - - - - -
Announcement Date 22/02/19 21/02/20 22/02/21 23/02/22 22/02/23 22/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 86.6 90 215 149 178 153
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.577 x 1.313 x -2.32 x 1.919 x 7.559 x 1.515 x
Free Cash Flow 1 24.4 1.72 -35.9 69.9 -5.6 3.53
ROE (net income / shareholders' equity) -2.48% -1.95% -11.9% -1.24% -5.06% 1.59%
ROA (Net income/ Total Assets) -1.65% -1.01% -6.92% -0.28% -2.24% 1.08%
Assets 1 2,347 3,806 2,454 5,887 2,914 1,862
Book Value Per Share 2 1.980 1.930 1.710 1.690 1.610 1.630
Cash Flow per Share 2 0.0300 0.0900 0.0300 0.0900 0.0400 0.0400
Capex 1 50.8 95.1 31.8 29.9 35.3 63.2
Capex / Sales 10.41% 19.84% 12.71% 8.53% 10.29% 14.02%
Announcement Date 22/02/19 21/02/20 22/02/21 23/02/22 22/02/23 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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