Financials Gratitude Infinite

Equities

GIFT

TH1058010Z07

Specialty Chemicals

End-of-day quote Thailand S.E. 06:00:00 2024-05-06 pm EDT 5-day change 1st Jan Change
4.74 THB +1.28% Intraday chart for Gratitude Infinite +4.87% +62.33%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,500 921.9 694.7 1,409 2,431 3,859
Enterprise Value (EV) 1 1,291 685.1 466.7 1,128 2,103 3,680
P/E ratio 14.4 x 8.37 x 63.6 x -47.9 x -214 x 78.4 x
Yield 5.35% - 2.38% 4.26% - -
Capitalization / Revenue 1.9 x 1.25 x 1.65 x 8.2 x 21.6 x 5.07 x
EV / Revenue 1.63 x 0.93 x 1.11 x 6.57 x 18.7 x 4.83 x
EV / EBITDA 9.35 x 4.61 x 17.5 x -47 x -177 x 26.7 x
EV / FCF 16.3 x 4.89 x 2.72 x 106 x 52.8 x -5.05 x
FCF Yield 6.12% 20.5% 36.7% 0.94% 1.89% -19.8%
Price to Book 1.94 x 1.16 x 1.15 x 2.75 x 4.82 x 3.6 x
Nbr of stocks (in thousands) 802,200 801,623 661,623 661,623 661,623 1,321,623
Reference price 2 1.870 1.150 1.050 2.130 3.675 2.920
Announcement Date 2/27/19 2/19/20 3/2/21 2/15/22 2/16/23 2/14/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 789.9 740.4 422.2 171.8 112.6 761.9
EBITDA 1 138.1 148.6 26.71 -24.01 -11.89 137.9
EBIT 1 128.1 139.1 17.59 -30.68 -17.62 132.5
Operating Margin 16.22% 18.79% 4.17% -17.86% -15.64% 17.39%
Earnings before Tax (EBT) 1 127.3 137.6 16.19 -30.6 -11.37 163.6
Net income 1 102.2 110.1 11.71 -31.13 -11.37 39.95
Net margin 12.94% 14.87% 2.77% -18.12% -10.09% 5.24%
EPS 2 0.1300 0.1373 0.0165 -0.0445 -0.0172 0.0372
Free Cash Flow 1 79.05 140.2 171.5 10.6 39.86 -729.2
FCF margin 10.01% 18.94% 40.61% 6.17% 35.39% -95.71%
FCF Conversion (EBITDA) 57.25% 94.34% 641.89% - - -
FCF Conversion (Net income) 77.36% 127.37% 1,464.4% - - -
Dividend per Share 2 0.1000 - 0.0250 0.0907 - -
Announcement Date 2/27/19 2/19/20 3/2/21 2/15/22 2/16/23 2/14/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 209 237 228 281 328 179
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 79.1 140 171 10.6 39.9 -729
ROE (net income / shareholders' equity) 14.1% 14% 1.67% -5.56% -2.24% 12.5%
ROA (Net income/ Total Assets) 8.03% 8.41% 1.32% -3.2% -2.07% 6.07%
Assets 1 1,273 1,309 884.7 972 549.3 658
Book Value Per Share 2 0.9600 0.9900 0.9200 0.7700 0.7600 0.8100
Cash Flow per Share 2 0.4900 0.4800 0.3800 0.3500 0.3000 0.2500
Capex 1 4.24 11.8 3.42 - 0.01 27.5
Capex / Sales 0.54% 1.59% 0.81% - 0.01% 3.61%
Announcement Date 2/27/19 2/19/20 3/2/21 2/15/22 2/16/23 2/14/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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