Financials Nex Point

Equities

NEX

TH0825010Y01

Heavy Machinery & Vehicles

End-of-day quote Thailand S.E. 06:00:00 2024-07-08 pm EDT 5-day change 1st Jan Change
1.57 THB -4.85% Intraday chart for Nex Point -1.88% -84.30%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,033 32,652 30,642 20,218 3,133 - -
Enterprise Value (EV) 1 7,033 32,652 30,232 19,556 3,133 3,133 3,133
P/E ratio -27.8 x -305 x 166 x 27 x 4.62 x 4.13 x 3.88 x
Yield - - - - 6.37% 12.7% 19.1%
Capitalization / Revenue - 49 x 4.67 x 2.17 x 0.32 x 0.27 x 0.26 x
EV / Revenue - 49 x 4.67 x 2.17 x 0.32 x 0.27 x 0.26 x
EV / EBITDA - -859 x 139 x 36 x 7.42 x 6.84 x 5.95 x
EV / FCF - 108 x -70.5 x 2,184 x 12.3 x 4.94 x 4.18 x
FCF Yield - 0.93% -1.42% 0.05% 8.16% 20.2% 23.9%
Price to Book - 11.4 x 11.3 x 4.89 x 0.65 x 0.6 x 0.56 x
Nbr of stocks (in thousands) 1,674,453 1,674,453 1,674,453 2,021,827 1,995,550 - -
Reference price 2 4.200 19.50 18.30 10.00 1.570 1.570 1.570
Announcement Date 2/24/21 2/25/22 2/24/23 2/23/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 666.5 6,564 9,299 9,930 11,796 12,063
EBITDA 1 - -38.02 220.5 562.1 422 458 526.5
EBIT 1 - -123.5 120.7 465.7 306 327 381.5
Operating Margin - -18.53% 1.84% 5.01% 3.08% 2.77% 3.16%
Earnings before Tax (EBT) 1 - -124.2 158.6 552.8 406 459 537
Net income 1 -213.6 -106.9 208.4 725.3 677.5 777.5 845
Net margin - -16.04% 3.17% 7.8% 6.82% 6.59% 7%
EPS 2 -0.1510 -0.0640 0.1100 0.3700 0.3400 0.3800 0.4050
Free Cash Flow 1 - 303.4 -434.9 9.259 255.5 634 750
FCF margin - 45.52% -6.63% 0.1% 2.57% 5.37% 6.22%
FCF Conversion (EBITDA) - - - 1.65% 60.55% 138.43% 142.45%
FCF Conversion (Net income) - - - 1.28% 37.71% 81.54% 88.76%
Dividend per Share 2 - - - - 0.1000 0.2000 0.3000
Announcement Date 2/24/21 2/25/22 2/24/23 2/23/24 - - -
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 160.3 - - - - - - 2,085 -
EBITDA -3.919 - - - - - - - -
EBIT -27.03 - - - - - - - -
Operating Margin -16.86% - - - - - - - -
Earnings before Tax (EBT) -48.56 - - - - - - 140.6 -
Net income 1 -16.49 -59.42 7.947 322.6 152.1 352.5 66.15 154.5 49.3
Net margin -10.29% - - - - - - 7.41% -
EPS -0.0100 -0.0400 - - - - - - -
Dividend per Share - - - - - - - - -
Announcement Date 2/25/22 8/15/22 11/11/22 2/24/23 5/12/23 8/11/23 11/10/23 2/23/24 5/10/24
1THB in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - 410 662 - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 303 -435 9.26 256 634 750
ROE (net income / shareholders' equity) - -3.67% 7.03% 19% 15.3% 15.4% 15%
ROA (Net income/ Total Assets) - -2.84% 3.5% 7.63% 5.7% 5.9% 6.1%
Assets 1 - 3,765 5,952 9,510 11,886 13,178 13,852
Book Value Per Share 2 - 1.710 1.630 2.050 2.400 2.600 2.800
Cash Flow per Share 2 - 0.1800 -0.2000 0.0800 0.1000 0.6000 0.6000
Capex 1 - 32.8 57.7 149 154 158 158
Capex / Sales - 4.92% 0.88% 1.6% 1.55% 1.34% 1.31%
Announcement Date 2/24/21 2/25/22 2/24/23 2/23/24 - - -
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
HOLD
Number of Analysts
2
Last Close Price
1.57 THB
Average target price
4.45 THB
Spread / Average Target
+183.44%
Consensus

Annual profits - Rate of surprise