Financials SAAM Energy Development

Equities

SAAM

TH8891010002

Electric Utilities

End-of-day quote Thailand S.E. 03:30:00 17/05/2024 am IST 5-day change 1st Jan Change
7.5 THB +0.67% Intraday chart for SAAM Energy Development -3.23% -3.23%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 306 324 2,640 2,085 2,325
Enterprise Value (EV) 1 273 311.2 2,577 1,978 2,249
P/E ratio 18.5 x 13.3 x 95.7 x 28.8 x 37.8 x
Yield 7.35% 5.83% - - 0.77%
Capitalization / Revenue 4.17 x 4.42 x 36.2 x 27.9 x 19.6 x
EV / Revenue 3.72 x 4.24 x 35.3 x 26.5 x 19 x
EV / EBITDA 8.61 x 7.61 x 64.2 x 51.6 x 27.9 x
EV / FCF 20.1 x 12.1 x 44.9 x 31.8 x -79.6 x
FCF Yield 4.97% 8.29% 2.23% 3.15% -1.26%
Price to Book 1.05 x 1.1 x 8.63 x 5.66 x 5.64 x
Nbr of stocks (in thousands) 3,00,000 3,00,000 3,00,000 3,00,006 3,00,006
Reference price 2 1.020 1.080 8.800 6.950 7.750
Announcement Date 21/02/20 19/02/21 21/02/22 17/02/23 29/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 71.73 73.33 73.36 73.01 74.67 118.4
EBITDA 1 30.77 31.69 40.89 40.16 38.33 80.49
EBIT 1 25.36 25.94 34.52 33.87 28.35 74.31
Operating Margin 35.36% 35.37% 47.05% 46.39% 37.97% 62.78%
Earnings before Tax (EBT) 1 18.04 21.31 30.1 33.13 76.57 68.36
Net income 1 15.44 16.55 24.27 27.7 72.28 61.55
Net margin 21.53% 22.57% 33.09% 37.94% 96.81% 52.01%
EPS 2 0.0696 0.0552 0.0809 0.0920 0.2409 0.2050
Free Cash Flow 1 13.61 13.57 25.8 57.44 62.27 -28.27
FCF margin 18.98% 18.5% 35.17% 78.68% 83.4% -23.89%
FCF Conversion (EBITDA) 44.25% 42.81% 63.1% 143.02% 162.45% -
FCF Conversion (Net income) 88.16% 81.97% 106.3% 207.36% 86.15% -
Dividend per Share 2 0.0250 0.0750 0.0630 - - 0.0600
Announcement Date 13/02/19 21/02/20 19/02/21 21/02/22 17/02/23 29/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 32.6 33 12.8 62.7 107 76
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 13.6 13.6 25.8 57.4 62.3 -28.3
ROE (net income / shareholders' equity) 6.64% 5.62% 8.32% 9.25% 21.4% 15.8%
ROA (Net income/ Total Assets) 4.24% 3.83% 5.32% 5.05% 3.77% 9.13%
Assets 1 364.2 431.8 455.9 548.9 1,920 674.1
Book Value Per Share 2 0.9900 0.9700 0.9800 1.020 1.230 1.370
Cash Flow per Share 2 0.5500 0.1700 0.3400 0.2700 0.4200 0.4400
Capex 1 0.17 0.28 2.6 0.05 0.74 2.11
Capex / Sales 0.24% 0.38% 3.55% 0.07% 1% 1.79%
Announcement Date 13/02/19 21/02/20 19/02/21 21/02/22 17/02/23 29/02/24
1THB in Million2THB
Estimates
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