看來載入頁面時發生了錯誤.
我們的團隊已收到通知,但若此問題持續,請透過電郵支援widget工具聯絡我們。
Metrics | Range | Conclusion |
---|---|---|
Selected LTM EBIT Multiple | 35.4x - 39.1x | 37.3x |
Selected Fwd EBIT Multiple | 8.0x - 8.8x | 8.4x |
Fair Value | €0.045 - €0.071 | €0.058 |
Upside | 6.9% - 69.4% | 38.1% |
Benchmarks | Ticker | Full Ticker |
TTW Public Company Limited | TTW | SET:TTW |
WHA Utilities and Power Public Company Limited | WHAUP | SET:WHAUP |
Thachang Green Energy Public Company Limited | TGE | SET:TGE |
Artesian Resources Corporation | ARTN.B | OTCPK:ARTN.B |
Ratch Pathana Energy Public Company Limited | SCG | SET:SCG |
Eastern Water Resources Development and Management Public Company Limited | 7ES1 | DB:7ES1 |
- | - | - |
Select LTM EBIT Multiple | |||||||
Benchmark Companies | |||||||
TTW | WHAUP | TGE | ARTN.B | SCG | 7ES1 | ||
SET:TTW | SET:WHAUP | SET:TGE | OTCPK:ARTN.B | SET:SCG | DB:7ES1 | ||
Historical EBIT Growth | |||||||
5Y CAGR | -3.8% | 7.4% | 27.1% | 5.9% | -25.6% | -23.2% | |
3Y CAGR | -3.0% | 16.2% | 9.1% | 6.1% | -5.4% | -35.3% | |
Latest Twelve Months | -2.3% | -15.6% | 3.7% | 15.6% | -16.8% | 4.0% | |
Historical EBIT Profit Margin | |||||||
5 Year Average Margin | 59.2% | 22.4% | 27.8% | 30.5% | 2.0% | 21.9% | |
Prior Fiscal Year | 56.7% | 26.1% | 27.8% | 29.1% | 2.7% | 15.7% | |
Latest Fiscal Year | 62.0% | 24.2% | 29.3% | 31.0% | 1.9% | 9.3% | |
Latest Twelve Months | 62.4% | 22.5% | 26.0% | 31.5% | 2.9% | 11.8% | |
Current Trading Multiples | |||||||
EV / LTM Revenue | 5.63x | 4.40x | 3.62x | 4.73x | 2.11x | 4.49x | |
EV / LTM EBITDA | 7.5x | 11.0x | 9.1x | 10.8x | 11.6x | 11.3x | |
EV / LTM EBIT | 9.0x | 19.6x | 13.9x | 15.0x | 72.0x | 38.0x | |
Low | Mid | High | |||||
Benchmark EV / LTM EBIT | 9.0x | 15.0x | 72.0x | ||||
Historical EV / LTM EBIT | 16.8x | 20.5x | 60.0x | ||||
Selected EV / LTM EBIT | 35.4x | 37.3x | 39.1x | ||||
(x) LTM EBIT | 467 | 467 | 467 | ||||
(=) Implied Enterprise Value | 16,557 | 17,429 | 18,300 | ||||
(-) Non-shareholder Claims * | (14,245) | (14,245) | (14,245) | ||||
(=) Equity Value | 2,313 | 3,184 | 4,055 | ||||
(/) Shares Outstanding | 1,831.8 | 1,831.8 | 1,831.8 | ||||
Implied Value Range | 1.26 | 1.74 | 2.21 | ||||
FX Rate: THB/EUR | 38.0 | 38.0 | 38.0 | Market Price | |||
Implied Value Range (Trading Cur) | 0.03 | 0.05 | 0.06 | 0.04 | |||
Upside / (Downside) | -21.0% | 8.8% | 38.6% |
Equity Waterfall | |||||||
Benchmark Companies | |||||||
(in millions) | TTW | WHAUP | TGE | ARTN.B | SCG | 7ES1 | |
Enterprise Value | 28,921 | 12,811 | 3,735 | 522 | 7,077 | 17,170 | |
(+) Cash & Short Term Investments | 3,292 | 1,488 | 499 | 4 | 447 | 1,914 | |
(+) Investments & Other | 7,034 | 15,059 | 0 | 0 | 135 | 0 | |
(-) Debt | (3,494) | (16,429) | (617) | (179) | (4,621) | (16,018) | |
(-) Other Liabilities | (42) | (0) | (0) | 0 | (82) | (141) | |
(-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
(-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
Value of Common Equity | 35,711 | 12,929 | 3,617 | 346 | 2,956 | 2,926 | |
(/) Shares Outstanding | 3,990.0 | 3,825.0 | 2,511.7 | 10.3 | 1,163.7 | 1,831.8 | |
Implied Stock Price | 8.95 | 3.38 | 1.44 | 33.61 | 2.54 | 1.60 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 38.03 | |
Implied Stock Price (Trading Cur) | 8.95 | 3.38 | 1.44 | 33.61 | 2.54 | 0.04 | |
Trading Currency | THB | THB | THB | USD | THB | EUR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 38.03 |