Company Valuation: Prinsiri

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,208 3,026 3,758 3,538 2,111 2,135
Change - 37.02% 24.19% -5.84% -40.34% 1.16%
Enterprise Value (EV) 1 5,503 6,919 8,697 9,190 7,939 7,737
Change - 25.72% 25.69% 5.67% -13.61% -2.54%
P/E 7.31x 10.5x 9.6x 13.9x 19.1x 68.6x
PBR 0.48x 0.62x 0.73x 0.67x 0.39x 0.39x
PEG - -2.21x 0.3x -0.4x -0.3x -1x
Capitalization / Revenue 0.92x 1.33x 1.5x 1.57x 1.04x 1.28x
EV / Revenue 2.3x 3.04x 3.48x 4.09x 3.93x 4.64x
EV / EBITDA 11.1x 13.2x 12.8x 18.2x 26.6x 37.6x
EV / EBIT 12.2x 14.4x 13.6x 19.8x 31x 45.9x
EV / FCF 4.15x 36.7x -239x -17.9x -167x 22.7x
FCF Yield 24.1% 2.73% -0.42% -5.59% -0.6% 4.4%
Dividend per Share 2 0.06 0.075 0.097 - - -
Rate of return 3.31% 3.02% 3.15% - - -
EPS 2 0.2477 0.236 0.321 0.2092 0.0907 0.0255
Distribution rate 24.2% 31.8% 30.2% - - -
Net sales 1 2,390 2,279 2,500 2,247 2,022 1,667
EBITDA 1 495.3 523.7 680.3 504.1 298.9 205.6
EBIT 1 450.8 479.5 638.2 464.2 255.9 168.4
Net income 1 302.2 287.9 391.6 255.2 110.7 31.12
Net Debt 1 3,295 3,893 4,939 5,651 5,828 5,602
Reference price 2 1.810 2.480 3.080 2.900 1.730 1.750
Nbr of stocks (in thousands) 12,20,012 12,20,012 12,20,012 12,20,012 12,20,012 12,20,012
Announcement Date 25/02/21 24/02/22 27/02/23 22/02/24 26/02/25 27/02/26
1THB in Million2THB
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 4.91Cr
59.38x - - - 6.37TCr
10.86x3.66x9.74x-.--% 2.23TCr
7.65x16.28x19.55x6.1% 2.04TCr
4.21x0.17x0.34x8.08% 1.47TCr
8.48x16.96x - 6.24% 833.74Cr
7.98x0.82x6.73x2.45% 585.47Cr
-2.09x1.77x130.3x-.--% 534.33Cr
5.45x13.79x20.52x5.83% 451.73Cr
Average 12.74x 7.64x 31.20x 4.1% 1.61TCr
Weighted average by Cap. 30.12x 7.78x 19.81x 4.12%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA