Company Valuation: Wice Logistics

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,516 6,715 4,006 2,449 1,461 2,141 - -
Change - -46.35% -40.33% -38.88% -40.31% 46.49% - -
Enterprise Value (EV) 11,889 5,678 3,613 2,359 1,372 2,141 2,141 2,141
Change - -52.24% -36.36% -34.7% -41.85% 56.06% 0% 0%
P/E 23.4x 12.1x 24x 25.5x 12x 15.2x 13.4x 11.1x
PBR 8.33x 3.59x 2.72x 1.84x 1.07x 1.53x 1.48x 1.42x
PEG - 3.31x -0.3x -0.6x 0.5x 1x 1x 0.6x
Capitalization / Revenue 1.64x 0.95x 1.05x 0.6x 0.31x 0.37x 0.33x 0.29x
EV / Revenue 0x 0x 0x 0x 0x 0.37x 0.33x 0.29x
EV / EBITDA 0x 0x 0x 0x 0x 6.43x 5.48x 4.56x
EV / EBIT 0x 0x 0x 0x 0x 14x 12.2x 10x
EV / FCF 0x 0x 0x 0x 0x 11.4x 18x 11.6x
FCF Yield 1.15% 11.9% 3.74% 1.87% 17.4% 8.73% 5.56% 8.64%
Dividend per Share 2 0.23 0.23 0.24 0.14 0.14 0.16 0.18 0.22
Rate of return 1.2% 2.23% 3.84% 3.66% 6.14% 4.79% 5.39% 6.59%
EPS 2 0.82 0.85 0.26 0.15 0.19 0.22 0.25 0.3
Distribution rate 28% 27.1% 92.3% 93.3% 73.7% 72.7% 72% 73.3%
Net sales 1 7,637 7,103 3,798 4,099 4,656 5,754 6,504 7,390
EBITDA 1 821.5 848.5 375.2 279.7 315.4 333 391 470
EBIT 1 748.5 739.3 239 98.11 144.3 153 175 214
Net income 1 535.5 554.1 170.4 97.73 122.1 138 157 192
Net Debt -627.8 -1,037 -392.9 -89.29 -89.58 - - -
Reference price 2 19.200 10.300 6.250 3.820 2.280 3.340 3.340 3.340
Nbr of stocks (in thousands) 6,51,900 6,51,900 6,41,000 6,41,000 6,41,000 6,41,000 - -
Announcement Date 23/02/22 21/02/23 20/02/24 25/02/25 27/02/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.64x - - 4.97% 6.31Cr
17.43x1.2x8.74x6.23% 8.95TCr
16.02x0.97x8.46x1.63% 7.9TCr
16.4x0.98x7.23x3.49% 7.35TCr
24.49x1.82x17.34x0.83% 2.46TCr
20.56x0.8x8.66x-.--% 1.21TCr
28.98x2.49x9.39x-.--% 905.49Cr
8.96x0.34x6.65x6.77% 627.07Cr
14.82x0.68x7.75x3.48% 581.62Cr
28.91x0.53x7.72x-.--% 543.83Cr
Average 19.12x 1.09x 9.11x 2.74% 3.05TCr
Weighted average by Cap. 17.83x 1.12x 8.93x 3.36%

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

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