Company Valuation: Sappe

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,035 13,642 26,667 20,866 9,319 10,375 - -
Change - 69.78% 95.48% -21.75% -55.34% 11.33% - -
Enterprise Value (EV) 1 8,035 13,353 26,122 20,105 8,636 9,503 9,345 9,320
Change - 66.19% 95.62% -23.03% -57.05% 10.04% -1.66% -0.27%
P/E 19.6x 20.9x 24.8x 16.6x 12.2x 13.4x 11.7x 10.7x
PBR 2.77x 4.19x 6.99x 4.76x 2.19x 2.22x 2.03x 1.89x
PEG - 0.4x 0.4x 1x -0.3x 13.56x 0.8x 1.13x
Capitalization / Revenue 2.33x 2.99x 4.41x 3.08x 1.77x 1.87x 1.75x 1.66x
EV / Revenue 2.33x 2.92x 4.32x 2.97x 1.64x 1.71x 1.58x 1.49x
EV / EBITDA 10.8x 13.1x 16.9x 11.1x 7.12x 7.64x 6.7x 6.34x
EV / EBIT 14.7x 16.1x 19.1x 12.8x 8.97x 9.72x 7.99x 7.75x
EV / FCF - 19.1x 29.4x -249x 25.4x 18.9x 14.5x 10.7x
FCF Yield - 5.24% 3.4% -0.4% 3.94% 5.28% 6.9% 9.33%
Dividend per Share 2 1.1 - - - - 1.577 1.778 1.945
Rate of return 4.19% - - - - 4.6% 5.19% 5.68%
EPS 2 1.34 2.12 3.49 4.07 2.53 2.555 2.937 3.215
Distribution rate 82.1% - - - - 61.7% 60.5% 60.5%
Net sales 1 3,444 4,566 6,053 6,775 5,253 5,554 5,924 6,251
EBITDA 1 743.4 1,018 1,546 1,804 1,213 1,243 1,394 1,470
EBIT 1 545.5 830.5 1,368 1,567 962.6 978.1 1,170 1,203
Net income 1 410.8 653.2 1,074 1,253 776.2 786.3 902.5 988.1
Net Debt 1 - -288.4 -544.7 -760.7 -683.1 -872.2 -1,030 -1,055
Reference price 2 26.25 44.25 86.50 67.75 30.75 34.25 34.25 34.25
Nbr of stocks (in thousands) 3,06,087 3,08,289 3,08,289 3,07,987 3,03,055 3,02,925 - -
Announcement Date 24/02/22 28/02/23 27/02/24 24/02/25 27/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
174x - - - 107.78Cr
13.21x1.68x7.52x4.67% 31Cr
Average 93.60x 1.68x 7.52x 4.67% 69.33Cr
Weighted average by Cap. 138.19x 1.68x 7.52x 4.67%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield