Financials Pre-Built

Equities

PREB

TH0871010003

Construction & Engineering

End-of-day quote Thailand S.E. 06:00:00 2024-07-08 pm EDT 5-day change 1st Jan Change
5.3 THB 0.00% Intraday chart for Pre-Built +1.92% -17.19%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,917 2,732 2,377 2,593 2,639 1,976
Enterprise Value (EV) 1 3,031 3,371 2,654 3,051 3,885 3,440
P/E ratio 7.59 x 10.1 x 14.3 x 10.7 x 7.44 x 11.7 x
Yield 8.47% 9.04% 5.19% 4.76% 5.85% 6.25%
Capitalization / Revenue 0.75 x 0.64 x 0.56 x 0.57 x 0.46 x 0.41 x
EV / Revenue 0.78 x 0.78 x 0.62 x 0.67 x 0.67 x 0.71 x
EV / EBITDA 6.05 x 10.5 x 10.9 x 8.15 x 8.03 x 13.1 x
EV / FCF -2.02 x -21.7 x 1.45 x -765 x -5.26 x -64.7 x
FCF Yield -49.4% -4.6% 69.1% -0.13% -19% -1.55%
Price to Book 1.29 x 1.24 x 1.08 x 1.12 x 1.05 x 0.78 x
Nbr of stocks (in thousands) 308,676 308,676 308,676 308,676 308,676 308,676
Reference price 2 9.450 8.850 7.700 8.400 8.550 6.400
Announcement Date 2/22/19 2/25/20 2/22/21 2/24/22 2/23/23 2/22/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,896 4,295 4,279 4,565 5,775 4,876
EBITDA 1 500.6 321.5 243 374.3 483.5 261.8
EBIT 1 468.9 282 201.9 334.6 444.9 224.5
Operating Margin 12.04% 6.57% 4.72% 7.33% 7.71% 4.6%
Earnings before Tax (EBT) 1 480.9 336.6 206.3 313.7 435.8 209.7
Net income 1 384.4 271.8 165.7 241.6 354.9 169.4
Net margin 9.87% 6.33% 3.87% 5.29% 6.15% 3.47%
EPS 2 1.245 0.8805 0.5367 0.7828 1.150 0.5487
Free Cash Flow 1 -1,499 -155.2 1,833 -3.986 -738.2 -53.18
FCF margin -38.46% -3.61% 42.82% -0.09% -12.78% -1.09%
FCF Conversion (EBITDA) - - 754.22% - - -
FCF Conversion (Net income) - - 1,106.21% - - -
Dividend per Share 2 0.8000 0.8000 0.4000 0.4000 0.5000 0.4000
Announcement Date 2/22/19 2/25/20 2/22/21 2/24/22 2/23/23 2/22/24
1THB in Million2THB
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2
Net sales 1 - 1,516
EBITDA 1 - 169.4
EBIT 1 - 149.1
Operating Margin - 9.83%
Earnings before Tax (EBT) 1 - 151.6
Net income 1 87.85 124.2
Net margin - 8.19%
EPS 2 0.2850 0.4020
Dividend per Share - -
Announcement Date 5/12/22 8/11/22
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 114 639 277 458 1,245 1,465
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.2272 x 1.989 x 1.14 x 1.224 x 2.576 x 5.595 x
Free Cash Flow 1 -1,499 -155 1,833 -3.99 -738 -53.2
ROE (net income / shareholders' equity) 17.5% 12.2% 7.54% 10.7% 14.7% 6.7%
ROA (Net income/ Total Assets) 6.27% 3.21% 2.12% 3.45% 4.44% 2.11%
Assets 1 6,136 8,463 7,801 7,006 7,990 8,013
Book Value Per Share 2 7.330 7.140 7.100 7.480 8.160 8.210
Cash Flow per Share 2 1.430 1.770 2.460 2.200 1.490 2.040
Capex 1 52.6 46.8 34.1 23.9 42.8 23.3
Capex / Sales 1.35% 1.09% 0.8% 0.52% 0.74% 0.48%
Announcement Date 2/22/19 2/25/20 2/22/21 2/24/22 2/23/23 2/22/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise