Financials I2 Enterprise

Equities

I2

THB453010001

Integrated Telecommunications Services

End-of-day quote Thailand S.E. 06:00:00 2024-07-16 pm EDT 5-day change 1st Jan Change
1.92 THB -0.52% Intraday chart for I2 Enterprise +1.05% -15.04%

Valuation

Fiscal Period: December 2023 2024 2025
Capitalization 1 949.2 806.4 -
Enterprise Value (EV) 1 1,521 1,480 1,530
P/E ratio 9.42 x 7.38 x 6.4 x
Yield 4.42% 6.77% 7.81%
Capitalization / Revenue 0.67 x 0.51 x 0.47 x
EV / Revenue 1.07 x 0.94 x 0.89 x
EV / EBITDA 11.9 x 11 x 9.75 x
EV / FCF -1.84 x -20 x 383 x
FCF Yield -54.4% -5% 0.26%
Price to Book 1.28 x 1.13 x 1.07 x
Nbr of stocks (in thousands) 420,000 420,000 -
Reference price 2 2.260 1.920 1.920
Announcement Date 2/20/24 - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025
Net sales 1 - 1,420 1,583 1,723
EBITDA 1 - 127.4 134 157
EBIT 1 - 120.8 125 148
Operating Margin - 8.51% 7.9% 8.59%
Earnings before Tax (EBT) 1 - 105.5 133 156
Net income 1 44.98 85.35 108 126
Net margin - 6.01% 6.82% 7.31%
EPS 2 0.1800 0.2400 0.2600 0.3000
Free Cash Flow 1 - -827.3 -74 4
FCF margin - -58.27% -4.67% 0.23%
FCF Conversion (EBITDA) - - - 2.55%
FCF Conversion (Net income) - - - 3.17%
Dividend per Share 2 - 0.1000 0.1300 0.1500
Announcement Date 8/7/23 2/20/24 - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q3 2023 Q4 2024 Q1
Net sales 1 376.1 581.8 343.3
EBITDA 42.06 - -
EBIT 1 40.39 43.54 32.08
Operating Margin 10.74% 7.48% 9.35%
Earnings before Tax (EBT) 1 38.37 36.47 24.07
Net income 1 31.36 29.55 19.13
Net margin 8.34% 5.08% 5.57%
EPS - - -
Dividend per Share - - -
Announcement Date 11/9/23 2/20/24 5/10/24
1THB in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025
Net Debt 1 - 571 674 724
Net Cash position 1 - - - -
Leverage (Debt/EBITDA) - 4.485 x 5.03 x 4.61 x
Free Cash Flow 1 - -827 -74 4
ROE (net income / shareholders' equity) - 19.7% 16.4% 17.2%
ROA (Net income/ Total Assets) - 5.98% 5.2% 5.9%
Assets 1 - 1,428 2,077 2,136
Book Value Per Share 2 - 1.770 1.700 1.800
Cash Flow per Share - - - -
Capex 1 - 1.04 3 -
Capex / Sales - 0.07% 0.19% -
Announcement Date 8/7/23 2/20/24 - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
1.92 THB
Average target price
3.08 THB
Spread / Average Target
+60.42%
Consensus

Quarterly revenue - Rate of surprise

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