Financials Alucon

Equities

ALUCON

TH0164010009

Non-Paper Containers & Packaging

End-of-day quote Thailand S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
173.5 THB -0.57% Intraday chart for Alucon -2.80% -3.34%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 7,538 6,653 7,344 7,906 7,949 7,754
Enterprise Value (EV) 1 7,490 5,769 6,218 6,720 6,686 5,087
P/E ratio 10.5 x 12.5 x 11 x 11.2 x 12.1 x 15.3 x
Yield 5.73% 4.87% 5.88% 5.46% 5.43% 4.46%
Capitalization / Revenue 1.2 x 1.21 x 1.49 x 1.38 x 1.15 x 1.27 x
EV / Revenue 1.19 x 1.05 x 1.26 x 1.18 x 0.96 x 0.83 x
EV / EBITDA 5.31 x 5.08 x 5.04 x 5.59 x 5.94 x 5.3 x
EV / FCF 35.6 x 5.23 x 5.43 x -17.5 x 23.4 x 3.04 x
FCF Yield 2.81% 19.1% 18.4% -5.71% 4.27% 32.9%
Price to Book 1.36 x 1.19 x 1.23 x 1.26 x 1.22 x 1.18 x
Nbr of stocks (in thousands) 43,200 43,200 43,200 43,200 43,200 43,200
Reference price 2 174.5 154.0 170.0 183.0 184.0 179.5
Announcement Date 2/18/19 2/25/20 2/25/21 2/25/22 2/24/23 2/23/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 6,304 5,497 4,928 5,713 6,928 6,124
EBITDA 1 1,410 1,135 1,235 1,203 1,126 960.3
EBIT 1 878.1 688.7 797.9 788.1 734.6 591.5
Operating Margin 13.93% 12.53% 16.19% 13.8% 10.6% 9.66%
Earnings before Tax (EBT) 1 891.7 657.9 828.4 880.8 796 595.3
Net income 1 719.7 532.1 669 704.2 659.4 506.5
Net margin 11.42% 9.68% 13.58% 12.33% 9.52% 8.27%
EPS 2 16.66 12.32 15.49 16.30 15.26 11.72
Free Cash Flow 1 210.2 1,103 1,144 -383.8 285.5 1,675
FCF margin 3.33% 20.08% 23.22% -6.72% 4.12% 27.36%
FCF Conversion (EBITDA) 14.91% 97.21% 92.66% - 25.35% 174.46%
FCF Conversion (Net income) 29.21% 207.38% 171.05% - 43.3% 330.77%
Dividend per Share 2 10.00 7.500 10.00 10.00 10.00 8.000
Announcement Date 2/18/19 2/25/20 2/25/21 2/25/22 2/24/23 2/23/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 48.7 884 1,126 1,185 1,263 2,668
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 210 1,103 1,144 -384 285 1,675
ROE (net income / shareholders' equity) 13.3% 9.55% 11.6% 11.5% 10.3% 7.74%
ROA (Net income/ Total Assets) 8.36% 6.43% 7.44% 7.07% 6.34% 5.01%
Assets 1 8,606 8,277 8,995 9,966 10,400 10,117
Book Value Per Share 2 128.0 130.0 138.0 145.0 150.0 152.0
Cash Flow per Share 2 5.760 20.50 26.10 27.40 29.20 18.10
Capex 1 296 298 182 106 77.6 103
Capex / Sales 4.7% 5.42% 3.7% 1.86% 1.12% 1.68%
Announcement Date 2/18/19 2/25/20 2/25/21 2/25/22 2/24/23 2/23/24
1THB in Million2THB
Estimates