WORLD FLEX |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.62 THB | 0.00% |
|
-2.99% | -19.80% |
| 08/05 | World Flex Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 25/04 | World Flex Public Company Limited Approves Omission of Dividend for 2023 | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 |
|---|---|---|---|
| Capitalization 1 | 3,714 | 2,163 | 937.7 |
| Enterprise Value (EV) 1 | 3,205 | 2,213 | 1,172 |
| P/E ratio | 7.27 x | 10.9 x | -6.64 x |
| Yield | 5.81% | 4.51% | - |
| Capitalization / Revenue | 0.98 x | 0.58 x | 0.34 x |
| EV / Revenue | 0.85 x | 0.6 x | 0.43 x |
| EV / EBITDA | 5.8 x | 5.87 x | 26.6 x |
| EV / FCF | -54.4 x | -4.65 x | -33.4 x |
| FCF Yield | -1.84% | -21.5% | -2.99% |
| Price to Book | 1.82 x | 1.02 x | 0.5 x |
| Nbr of stocks (in thousands) | 4,64,200 | 4,64,200 | 4,64,200 |
| Reference price 2 | 8.000 | 4.660 | 2.020 |
| Announcement Date | 23/02/22 | 23/02/23 | 21/02/24 |
1THB in Million2THB
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,838 | 2,046 | 2,404 | 3,777 | 3,707 | 2,756 |
| EBITDA 1 | 80.72 | 94.14 | 145.4 | 552.8 | 377.1 | 44.07 |
| EBIT 1 | 24.71 | 33.03 | 76.57 | 482.2 | 255.1 | -117.2 |
| Operating Margin | 1.34% | 1.61% | 3.19% | 12.77% | 6.88% | -4.25% |
| Earnings before Tax (EBT) 1 | 21.85 | 17.61 | 60.22 | 435.1 | 238.7 | -139.2 |
| Net income 1 | 19.22 | 7.725 | 57.81 | 359.1 | 198.5 | -141.2 |
| Net margin | 1.05% | 0.38% | 2.41% | 9.51% | 5.35% | -5.12% |
| EPS 2 | 0.0624 | 0.0251 | 0.1877 | 1.100 | 0.4276 | -0.3042 |
| Free Cash Flow 1 | -47.18 | 68.07 | 45.27 | -58.9 | -476.3 | -35.06 |
| FCF margin | -2.57% | 3.33% | 1.88% | -1.56% | -12.85% | -1.27% |
| FCF Conversion (EBITDA) | - | 72.31% | 31.13% | - | - | - |
| FCF Conversion (Net income) | - | 881.18% | 78.3% | - | - | - |
| Dividend per Share | - | - | 0.1250 | 0.4650 | 0.2100 | - |
| Announcement Date | 25/08/21 | 25/08/21 | 25/08/21 | 23/02/22 | 23/02/23 | 21/02/24 |
1THB in Million2THB
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 532 | 443 | 370 | - | 49.4 | 234 |
| Net Cash position 1 | - | - | - | 509 | - | - |
| Leverage (Debt/EBITDA) | 6.585 x | 4.707 x | 2.546 x | - | 0.1309 x | 5.314 x |
| Free Cash Flow 1 | -47.2 | 68.1 | 45.3 | -58.9 | -476 | -35.1 |
| ROE (net income / shareholders' equity) | 3.65% | 1.43% | 8.42% | 25% | 9.52% | -7.04% |
| ROA (Net income/ Total Assets) | 1.11% | 1.49% | 3.14% | 13% | 5.39% | -2.64% |
| Assets 1 | 1,736 | 517.7 | 1,841 | 2,765 | 3,680 | 5,346 |
| Book Value Per Share 2 | 1.750 | 1.770 | 2.690 | 4.400 | 4.580 | 4.060 |
| Cash Flow per Share 2 | 0.0800 | 0.0300 | 0.0800 | 1.300 | 0.6300 | 0.0700 |
| Capex 1 | 42.6 | 43.3 | 145 | 533 | 494 | 87 |
| Capex / Sales | 2.32% | 2.11% | 6.03% | 14.12% | 13.32% | 3.16% |
| Announcement Date | 25/08/21 | 25/08/21 | 25/08/21 | 23/02/22 | 23/02/23 | 21/02/24 |
1THB in Million2THB
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +18.51% | 3.05TCr | |
| +14.91% | 2.9TCr | |
| +34.38% | 689.46Cr | |
| +27.56% | 426.49Cr | |
| -9.57% | 368.67Cr | |
| +0.72% | 368.23Cr | |
| +57.31% | 363.94Cr | |
| +19.91% | 310.84Cr | |
| +16.18% | 271.44Cr |
- Stock Market
- Equities
- WFX Stock
- WFX-R Stock
- Financials World Flex
