Financials Pinthong Industrial Park

Equities

PIN

THA552010003

Real Estate Development & Operations

End-of-day quote Thailand S.E. 03:30:00 24/05/2024 am IST 5-day change 1st Jan Change
6.05 THB -0.82% Intraday chart for Pinthong Industrial Park -10.37% +16.35%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 4,663 3,967 6,032
Enterprise Value (EV) 1 6,853 7,665 7,503
P/E ratio 25.6 x 12.2 x 4.45 x
Yield 3.73% 4.39% 11.3%
Capitalization / Revenue 8.41 x 3.46 x 1.99 x
EV / Revenue 12.4 x 6.69 x 2.48 x
EV / EBITDA 36.3 x 15.1 x 4.73 x
EV / FCF -11,03,37,361 x -53,71,635 x 36,82,165 x
FCF Yield -0% -0% 0%
Price to Book 1.97 x 1.58 x 1.65 x
Nbr of stocks (in thousands) 11,60,000 11,60,000 11,60,000
Reference price 2 4.020 3.420 5.200
Announcement Date 25/02/22 24/02/23 23/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 801 1,075 554.6 1,146 3,029
EBITDA 1 222.2 437.5 189 506.5 1,588
EBIT 1 185.1 383 131.8 449.7 1,526
Operating Margin 23.1% 35.63% 23.77% 39.24% 50.37%
Earnings before Tax (EBT) 1 219.5 425.7 156.7 347.5 1,471
Net income 1 205.9 403.9 144 324.7 1,355
Net margin 25.71% 37.57% 25.97% 28.34% 44.72%
EPS 2 0.2367 0.4642 0.1570 0.2799 1.168
Free Cash Flow - -349.2 -62.11 -1,427 2,038
FCF margin - -32.48% -11.2% -124.51% 67.27%
FCF Conversion (EBITDA) - - - - 128.33%
FCF Conversion (Net income) - - - - 150.41%
Dividend per Share 2 0.1200 0.2000 0.1500 0.1500 0.5900
Announcement Date 19/04/21 08/11/21 25/02/22 24/02/23 23/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 1,221 1,503 2,189 3,697 1,471
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) 5.493 x 3.436 x 11.58 x 7.3 x 0.9266 x
Free Cash Flow - -349 -62.1 -1,427 2,038
ROE (net income / shareholders' equity) - 14.7% 5.47% 13.3% 43.8%
ROA (Net income/ Total Assets) - 5.05% 1.68% 4.81% 15%
Assets 1 - 7,996 8,593 6,752 9,023
Book Value Per Share 2 2.840 3.330 2.040 2.170 3.160
Cash Flow per Share 2 0.1800 0.1800 0.4200 0.1100 0.4300
Capex 1 16 79.6 75.8 137 116
Capex / Sales 2% 7.41% 13.67% 11.94% 3.84%
Announcement Date 19/04/21 08/11/21 25/02/22 24/02/23 23/02/24
1THB in Million2THB
Estimates
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