Financials SaintMed

Equities

SMD

THA320010004

Medical Equipment, Supplies & Distribution

End-of-day quote Thailand S.E. 03:30:00 13/05/2024 am IST 5-day change 1st Jan Change
5.75 THB -8.00% Intraday chart for SaintMed -12.88% -20.14%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 3,039 1,921 1,544
Enterprise Value (EV) 1 2,825 1,429 1,255
P/E ratio 8.4 x 6.48 x 20.3 x
Yield 3.52% 8.77% 4.17%
Capitalization / Revenue 1.87 x 0.96 x 1.87 x
EV / Revenue 1.74 x 0.71 x 1.52 x
EV / EBITDA 6.49 x 3.59 x 11 x
EV / FCF 39.9 x 3.52 x 196 x
FCF Yield 2.51% 28.4% 0.51%
Price to Book 3.38 x 1.87 x 1.72 x
Nbr of stocks (in thousands) 2,24,700 2,24,684 2,14,423
Reference price 2 13.52 8.550 7.200
Announcement Date 28/02/22 27/02/23 29/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 506 618.6 660.9 1,621 2,010 827.3
EBITDA 1 158.2 197.1 127.3 435.5 397.8 113.6
EBIT 1 137.2 170.8 105.3 413.8 373.8 90.01
Operating Margin 27.12% 27.61% 15.94% 25.52% 18.6% 10.88%
Earnings before Tax (EBT) 1 44.25 76.3 96.5 395.7 366.3 93.59
Net income 1 34.98 60.44 77.75 319.8 296.7 79.24
Net margin 6.91% 9.77% 11.76% 19.73% 14.76% 9.58%
EPS 2 0.2082 0.3597 0.4628 1.610 1.320 0.3539
Free Cash Flow 1 29.87 127.3 -31.83 70.85 406 6.406
FCF margin 5.9% 20.58% -4.82% 4.37% 20.2% 0.77%
FCF Conversion (EBITDA) 18.89% 64.59% - 16.27% 102.06% 5.64%
FCF Conversion (Net income) 85.41% 210.69% - 22.15% 136.85% 8.08%
Dividend per Share 2 0.0714 - 0.6762 0.4762 0.7500 0.3000
Announcement Date 13/02/21 13/02/21 16/06/21 28/02/22 27/02/23 29/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 196 105 252 - - -
Net Cash position 1 - - - 213 492 289
Leverage (Debt/EBITDA) 1.236 x 0.5325 x 1.983 x - - -
Free Cash Flow 1 29.9 127 -31.8 70.8 406 6.41
ROE (net income / shareholders' equity) 21.1% 30% 34.1% 57% 30.9% 8.22%
ROA (Net income/ Total Assets) 18.8% 23.4% 12% 25.6% 18.1% 4.91%
Assets 1 186 258.7 648.9 1,249 1,641 1,613
Book Value Per Share 2 1.070 1.340 1.330 4.000 4.570 4.200
Cash Flow per Share 2 0.1500 0.1600 0.2200 2.210 2.430 1.570
Capex 1 22.9 20.6 24.6 22.6 17.7 20.9
Capex / Sales 4.52% 3.33% 3.72% 1.4% 0.88% 2.53%
Announcement Date 13/02/21 13/02/21 16/06/21 28/02/22 27/02/23 29/02/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Chiffre d''affaires - Rate of surprise

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