ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
Metrics | Range | Conclusion |
---|---|---|
Selected LTM EBITDA Multiple | 17.2x - 19.0x | 18.1x |
Selected Fwd EBITDA Multiple | 11.0x - 12.2x | 11.6x |
Fair Value | $0.50 - $0.56 | $0.53 |
Upside | -20.0% - -11.6% | -15.8% |
Benchmarks | Ticker | Full Ticker |
Thai Beverage Public Company Limited | THAIBEV19 | SET:THAIBEV19 |
Haad Thip Public Company Limited | HTC | SET:HTC |
Carabao Group Public Company Limited | CBG | SET:CBG |
Sula Vineyards Limited | SULA | NSEI:SULA |
Hebei Hengshui Laobaigan Liquor Co., Ltd. | 600559 | SHSE:600559 |
Osotspa Public Company Limited | OSOP.F | OTCPK:OSOP.F |
- | - | - |
Select LTM EBITDA Multiple | |||||||
Benchmark Companies | |||||||
THAIBEV19 | HTC | CBG | SULA | 600559 | OSOP.F | ||
SET:THAIBEV19 | SET:HTC | SET:CBG | NSEI:SULA | SHSE:600559 | OTCPK:OSOP.F | ||
Historical EBITDA Growth | |||||||
5Y CAGR | 5.8% | 6.2% | 3.1% | 19.9% | 15.5% | -5.4% | |
3Y CAGR | 8.4% | 6.7% | 2.1% | 42.1% | 21.7% | -10.9% | |
Latest Twelve Months | 5.1% | 5.6% | 38.9% | -14.9% | 74.1% | -10.6% | |
Historical EBITDA Profit Margin | |||||||
5 Year Average Margin | 16.2% | 15.4% | 23.2% | 26.1% | 16.1% | 15.4% | |
Prior Fiscal Year | 14.7% | 13.0% | 17.4% | 29.5% | 16.5% | 14.2% | |
Latest Fiscal Year | 15.2% | 13.1% | 21.7% | 30.0% | 18.4% | 12.2% | |
Latest Twelve Months | 15.2% | 13.1% | 21.7% | 25.1% | 20.2% | 12.2% | |
Current Trading Multiples | |||||||
EV / LTM Revenue | 1.52x | 0.93x | 3.26x | 4.68x | 2.72x | 1.59x | |
EV / LTM EBITDA | 10.0x | 7.1x | 15.0x | 18.7x | 13.4x | 13.0x | |
EV / LTM EBIT | 11.9x | 10.0x | 18.0x | 23.1x | 15.9x | 21.7x | |
Low | Mid | High | |||||
Benchmark EV / LTM EBITDA | 7.1x | 13.4x | 18.7x | ||||
Historical EV / LTM EBITDA | 13.0x | 20.8x | 21.5x | ||||
Selected EV / LTM EBITDA | 17.2x | 18.1x | 19.0x | ||||
(x) LTM EBITDA | 3,314 | 3,314 | 3,314 | ||||
(=) Implied Enterprise Value | 56,887 | 59,881 | 62,875 | ||||
(-) Non-shareholder Claims * | (45) | (45) | (45) | ||||
(=) Equity Value | 56,843 | 59,837 | 62,831 | ||||
(/) Shares Outstanding | 3,390.3 | 3,390.3 | 3,390.3 | ||||
Implied Value Range | 16.77 | 17.65 | 18.53 | ||||
FX Rate: THB/USD | 33.8 | 33.8 | 33.8 | Market Price | |||
Implied Value Range (Trading Cur) | 0.50 | 0.52 | 0.55 | 0.63 | |||
Upside / (Downside) | -21.5% | -17.3% | -13.2% |
Equity Waterfall | |||||||
Benchmark Companies | |||||||
(in millions) | THAIBEV19 | HTC | CBG | SULA | 600559 | OSOP.F | |
Enterprise Value | 515,939 | 7,606 | 62,489 | 26,677 | 14,824 | 72,413 | |
(+) Cash & Short Term Investments | 55,629 | 91 | 1,384 | 151 | 2,425 | 2,190 | |
(+) Investments & Other | 75,695 | 4 | 100 | 0 | 69 | 695 | |
(-) Debt | (240,721) | (1,069) | (3,092) | (3,515) | (1) | (2,630) | |
(-) Other Liabilities | (79,847) | (0) | 119 | 0 | 0 | (299) | |
(-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
(-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
Value of Common Equity | 326,696 | 6,632 | 61,000 | 23,314 | 17,316 | 72,368 | |
(/) Shares Outstanding | 25,130.5 | 401.9 | 1,000.0 | 84.4 | 914.7 | 3,390.3 | |
Implied Stock Price | 13.00 | 16.50 | 61.00 | 276.20 | 18.93 | 21.35 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 33.81 | |
Implied Stock Price (Trading Cur) | 13.00 | 16.50 | 61.00 | 276.20 | 18.93 | 0.63 | |
Trading Currency | THB | THB | THB | INR | CNY | USD | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 33.81 |