Financials Power Solution Technologies

Equities

PSTC

TH6075010Z06

Oil & Gas Refining and Marketing

End-of-day quote Thailand S.E. 06:00:00 2024-07-11 pm EDT 5-day change 1st Jan Change
0.52 THB -1.89% Intraday chart for Power Solution Technologies +1.96% -38.10%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,933 8,895 4,222 6,309 4,080 1,992
Enterprise Value (EV) 1 5,970 10,971 5,628 7,792 5,299 3,425
P/E ratio 46.9 x 1.97 x -4.2 x -9.4 x -38 x -11.2 x
Yield 3% 1.33% - - - -
Capitalization / Revenue 1.32 x 2.77 x 1.58 x 2.72 x 2.16 x 1.22 x
EV / Revenue 2 x 3.42 x 2.11 x 3.36 x 2.8 x 2.1 x
EV / EBITDA 16.9 x 42.8 x 26 x 50.8 x 71.5 x 45 x
EV / FCF -10.6 x -14.7 x 6.45 x -12.6 x 95.4 x 230 x
FCF Yield -9.43% -6.83% 15.5% -7.91% 1.05% 0.43%
Price to Book 1.26 x 1.29 x 0.73 x 1.24 x 0.76 x 0.37 x
Nbr of stocks (in thousands) 1,311,052 2,371,950 2,371,950 2,371,950 2,371,950 2,371,950
Reference price 2 3.000 3.750 1.780 2.660 1.720 0.8400
Announcement Date 2/27/19 2/25/20 2/25/21 2/28/22 2/28/23 2/29/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,985 3,211 2,672 2,318 1,892 1,633
EBITDA 1 353.3 256.4 216.1 153.4 74.09 76.08
EBIT 1 232.3 134.9 132.9 91.03 34.25 36.02
Operating Margin 7.78% 4.2% 4.97% 3.93% 1.81% 2.21%
Earnings before Tax (EBT) 1 138.1 3,394 -998.7 -108 -94.03 -74.57
Net income 1 84.64 3,129 -1,005 -671.5 -107.4 -178.3
Net margin 2.84% 97.43% -37.63% -28.96% -5.68% -10.92%
EPS 2 0.0640 1.906 -0.4239 -0.2831 -0.0453 -0.0752
Free Cash Flow 1 -562.9 -748.9 872.4 -616.2 55.54 14.89
FCF margin -18.86% -23.32% 32.65% -26.58% 2.94% 0.91%
FCF Conversion (EBITDA) - - 403.69% - 74.96% 19.57%
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.0900 0.0500 - - - -
Announcement Date 2/27/19 2/25/20 2/25/21 2/28/22 2/28/23 2/29/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,037 2,076 1,406 1,482 1,220 1,433
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.764 x 8.098 x 6.505 x 9.663 x 16.46 x 18.83 x
Free Cash Flow 1 -563 -749 872 -616 55.5 14.9
ROE (net income / shareholders' equity) 2.97% 57.7% -16.1% -1.71% -1.96% -1.57%
ROA (Net income/ Total Assets) 2.32% 0.99% 0.9% 0.72% 0.29% 0.31%
Assets 1 3,647 315,497 -111,607 -93,644 -37,624 -58,338
Book Value Per Share 2 2.390 2.910 2.430 2.150 2.260 2.300
Cash Flow per Share 2 0.2200 0.0600 0.0600 0.0300 0.0600 0.0400
Capex 1 838 212 148 554 49.9 25.3
Capex / Sales 28.09% 6.59% 5.54% 23.89% 2.64% 1.55%
Announcement Date 2/27/19 2/25/20 2/25/21 2/28/22 2/28/23 2/29/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. PSTC Stock
  4. Financials Power Solution Technologies