Company Valuation: Tapaco

Data adjusted to current consolidation scope
Fiscal Period: October 2020 2021 2022 2023 2024 2025
Market Cap 1 1,211 1,738 1,318 543.7 214.2 214.2
Change - 43.54% -24.17% -58.75% -60.61% 0%
Enterprise Value (EV) 1 1,861 2,749 1,846 1,096 473.3 407.8
Change - 47.7% -32.87% -40.63% -56.81% -13.84%
P/E -25.6x -144x 11.9x -7.09x -0.77x 2.89x
PBR 1.28x 1.91x 1.33x 0.63x 0.34x 0.3x
PEG - 1.9x -0x 0x -0x -0x
Capitalization / Revenue 0.69x 0.68x 0.49x 0.3x 0.15x 0.13x
EV / Revenue 1.05x 1.07x 0.69x 0.61x 0.32x 0.24x
EV / EBITDA 21.7x 23.5x 11.4x 30.8x -3.9x 3x
EV / EBIT -70.9x 72.6x 28.8x -23.6x -2.94x 4.28x
EV / FCF 10x -8.2x 7.12x 27.6x 1.05x 5.35x
FCF Yield 9.97% -12.2% 14% 3.63% 95.1% 18.7%
Dividend per Share 2 0.01 0.01 0.02 0.04 - -
Rate of return 0.34% 0.24% 0.63% 3.03% - -
EPS 2 -0.1149 -0.0292 0.2684 -0.1862 -0.6758 0.1802
Distribution rate -8.71% -34.2% 7.45% -21.5% - -
Net sales 1 1,766 2,561 2,665 1,788 1,476 1,679
EBITDA 1 85.59 116.9 162 35.61 -121.3 135.9
EBIT 1 -26.24 37.89 64.05 -46.43 -160.9 95.27
Net income 1 -47.31 -12.04 110.5 -76.67 -278.4 74.23
Net Debt 1 650.6 1,011 527.7 552.2 259.2 193.7
Reference price 2 2.9400 4.2200 3.2000 1.3200 0.5200 0.5200
Nbr of stocks (in thousands) 4,11,864 4,11,864 4,11,864 4,11,864 4,11,864 4,11,864
Announcement Date 04/01/21 06/01/22 29/01/23 27/03/24 15/06/26 15/09/26
1THB in Million2THB
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 63.84L
55.96x - - - 5.99TCr
12.5x4.38x11.24x3.85% 3.96TCr
18.39x4.02x16.15x1.33% 2.83TCr
8.47x1.51x8.48x4.18% 2.82TCr
5.69x0.76x1.57x8.7% 2.77TCr
14.1x3.11x14.9x2.48% 2.59TCr
9.88x1.93x7.95x4.25% 1.98TCr
8.09x2.89x6.75x-.--% 1.91TCr
7.45x0.82x3x3% 1.9TCr
Average 15.61x 2.43x 8.75x 3.47% 2.68TCr
Weighted average by Cap. 21.01x 2.60x 9.22x 3.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Tapaco

Historical PBR trend

Valuation ratios - PBR - Tapaco

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Tapaco

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Tapaco