SRI TRANG AGRO-INDUSTRY |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 24.1 THB | +6.17% |
|
+2.12% | +49.69% |
| May. 30 | Sri Trang Agro-Industry Swings to Attributable Loss in Q1 | MT |
| May. 09 | Sri Trang Agro-Industry Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 15,360 | 40,704 | 47,616 | 32,410 | 24,730 | 37,018 | - | - |
| Enterprise Value (EV) 1 | 41,915 | 40,704 | 65,838 | 48,746 | 24,730 | 66,554 | 64,717 | 37,018 |
| P/E ratio | -100 x | 4.27 x | 3 x | 6.76 x | -57.5 x | 20 x | 10.7 x | - |
| Yield | 3.5% | 8.49% | 13.4% | 9.48% | 6.21% | 4.37% | 5.84% | 5.35% |
| Capitalization / Revenue | 0.25 x | 0.54 x | 0.4 x | 0.29 x | 0.29 x | 0.35 x | 0.33 x | 0.29 x |
| EV / Revenue | 0.7 x | 0.54 x | 0.56 x | 0.44 x | 0.29 x | 0.64 x | 0.58 x | 0.29 x |
| EV / EBITDA | 15.1 x | 1.99 x | 2.04 x | 5.57 x | 6.65 x | 9.87 x | 8.09 x | 4.92 x |
| EV / FCF | - | - | 27.3 x | 9.41 x | - | -14.9 x | 9.34 x | - |
| FCF Yield | - | - | 3.66% | 10.6% | - | -6.69% | 10.7% | - |
| Price to Book | 0.64 x | 1.07 x | 1.02 x | 0.69 x | - | 0.65 x | 0.64 x | 0.68 x |
| Nbr of stocks (in thousands) | 1,536,000 | 1,536,000 | 1,536,000 | 1,536,000 | 1,536,000 | 1,536,000 | - | - |
| Reference price 2 | 10.00 | 26.50 | 31.00 | 21.10 | 16.10 | 24.10 | 24.10 | 24.10 |
| Announcement Date | 2/28/20 | 2/16/21 | 2/17/22 | 2/17/23 | 2/16/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 60,286 | 75,479 | 118,275 | 110,657 | 84,245 | 104,678 | 112,440 | 127,195 |
| EBITDA 1 | 2,770 | 20,505 | 32,199 | 8,744 | 3,717 | 6,743 | 8,004 | 7,530 |
| EBIT 1 | 283.8 | 17,704 | 29,193 | 5,558 | 99.78 | 3,158 | 4,736 | - |
| Operating Margin | 0.47% | 23.46% | 24.68% | 5.02% | 0.12% | 3.02% | 4.21% | - |
| Earnings before Tax (EBT) 1 | -67.65 | 17,064 | 28,718 | 6,167 | -527 | 2,048 | 3,709 | - |
| Net income 1 | -148.5 | 9,531 | 15,847 | 4,795 | -434.4 | 2,041 | 3,225 | 3,302 |
| Net margin | -0.25% | 12.63% | 13.4% | 4.33% | -0.52% | 1.95% | 2.87% | 2.6% |
| EPS 2 | -0.1000 | 6.210 | 10.32 | 3.120 | -0.2800 | 1.205 | 2.245 | - |
| Free Cash Flow 1 | - | - | 2,410 | 5,182 | - | -4,454 | 6,931 | - |
| FCF margin | - | - | 2.04% | 4.68% | - | -4.25% | 6.16% | - |
| FCF Conversion (EBITDA) | - | - | 7.48% | 59.27% | - | - | 86.59% | - |
| FCF Conversion (Net income) | - | - | 15.21% | 108.08% | - | - | 214.91% | - |
| Dividend per Share 2 | 0.3500 | 2.250 | 4.150 | 2.000 | 1.000 | 1.053 | 1.407 | 1.290 |
| Announcement Date | 2/28/20 | 2/16/21 | 2/17/22 | 2/17/23 | 2/16/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 28,406 | 28,000 | 27,973 | 29,359 | 25,325 | - | 21,227 | - | 21,709 | 23,678 | 25,678 | 27,219 | 30,185 |
| EBITDA | 3,512 | 3,148 | 2,714 | 2,640 | 1,506 | - | 1,269 | - | 629.7 | 1,003 | - | - | - |
| EBIT | 2,740 | - | 1,940 | 1,828 | 658.3 | - | 371.5 | - | -302.8 | 83.6 | - | - | - |
| Operating Margin | 9.65% | - | 6.94% | 6.22% | 2.6% | - | 1.75% | - | -1.39% | 0.35% | - | - | - |
| Earnings before Tax (EBT) | 2,609 | 2,204 | 1,670 | 1,301 | 992.3 | - | 101.8 | - | -564.3 | -292.7 | - | - | - |
| Net income 1 | 1,614 | 1,509 | 1,142 | 1,156 | 987.8 | 287.9 | 110 | -410.2 | -422 | -329.7 | 296 | 933 | 1,527 |
| Net margin | 5.68% | 5.39% | 4.08% | 3.94% | 3.9% | - | 0.52% | - | -1.94% | -1.39% | 1.15% | 3.43% | 5.06% |
| EPS | - | - | - | 0.7500 | - | 0.1900 | 0.0700 | -0.2700 | -0.2700 | -0.2100 | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/17/22 | 5/9/22 | 8/10/22 | 11/8/22 | 2/17/23 | 5/9/23 | 8/10/23 | 11/8/23 | 2/16/24 | 5/9/24 | - | - | - |
1THB in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 26,555 | - | 18,222 | 16,336 | - | 29,537 | 27,700 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 9.586 x | - | 0.5659 x | 1.868 x | - | 4.38 x | 3.461 x | - |
| Free Cash Flow 1 | - | - | 2,410 | 5,182 | - | -4,454 | 6,931 | - |
| ROE (net income / shareholders' equity) | -0.61% | 30.7% | 37.4% | 9.78% | - | 3.4% | 5.09% | 6.19% |
| ROA (Net income/ Total Assets) | -0.25% | 12.6% | 15.3% | 4.14% | - | 1.6% | 2.94% | - |
| Assets 1 | 58,364 | 75,723 | 103,822 | 115,804 | - | 127,562 | 109,881 | - |
| Book Value Per Share 2 | 15.70 | 24.80 | 30.40 | 30.40 | - | 36.90 | 37.60 | 35.30 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 4,004 | 2,495 | 11,755 | 10,490 | - | 4,481 | 4,488 | - |
| Capex / Sales | 6.64% | 3.31% | 9.94% | 9.48% | - | 4.28% | 3.99% | - |
| Announcement Date | 2/28/20 | 2/16/21 | 2/17/22 | 2/17/23 | 2/16/24 | - | - | - |
1THB in Million2THB
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
24.1
THB
Average target price
22.3
THB
Spread / Average Target
-7.47%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +49.69% | 1.01B | |
| +15.96% | 29.09B | |
| +13.08% | 28.88B | |
| +65.09% | 3.83B | |
| +14.17% | 3.79B | |
| -3.48% | 3.57B | |
| -15.71% | 3.44B | |
| +10.97% | 2.86B | |
| +16.02% | 2.69B | |
| +8.50% | 2.59B |
- Stock Market
- Equities
- STA Stock
- Financials Sri Trang Agro-Industry
