Financials Nation Broadcasting Corporation

Equities

KGEN

TH1021010000

Broadcasting

End-of-day quote Thailand S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.81 THB +1.25% Intraday chart for Nation Broadcasting Corporation +3.85% -11.96%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 246.3 257 674.7 1,237 2,271 1,151
Enterprise Value (EV) 1 127.6 273.5 590 1,362 1,902 1,254
P/E ratio -2.49 x 0.63 x 10.6 x -11.9 x -39 x -29.6 x
Yield - - - - - -
Capitalization / Revenue 0.58 x 0.52 x 0.74 x 2.67 x 14.4 x 2.36 x
EV / Revenue 0.3 x 0.56 x 0.65 x 2.94 x 12 x 2.57 x
EV / EBITDA 22.2 x -35.4 x 8.61 x -38.6 x -36 x 63.4 x
EV / FCF -1.83 x -5.38 x -52.7 x -7.12 x -17 x 8.13 x
FCF Yield -54.6% -18.6% -1.9% -14% -5.88% 12.3%
Price to Book 7.11 x 0.6 x 0.94 x 2.01 x 3.61 x 1.65 x
Nbr of stocks (in thousands) 535,437 535,437 1,124,417 1,124,417 1,124,417 1,250,814
Reference price 2 0.4600 0.4800 0.6000 1.100 2.020 0.9200
Announcement Date 5/16/19 2/25/20 2/18/21 2/21/22 2/24/23 3/1/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 423.2 492.5 911.5 462.6 157.9 488.4
EBITDA 1 5.756 -7.727 68.5 -35.28 -52.85 19.79
EBIT 1 -59.88 -72.72 -4.697 -110.4 -77.22 -120.1
Operating Margin -14.15% -14.76% -0.52% -23.87% -48.91% -24.59%
Earnings before Tax (EBT) 1 -76.01 405.2 32.13 -85.79 -77.68 -50.55
Net income 1 -98.79 405.2 43.07 -103.8 -58.25 -37.14
Net margin -23.34% 82.28% 4.73% -22.43% -36.89% -7.6%
EPS 2 -0.1845 0.7568 0.0568 -0.0923 -0.0518 -0.0311
Free Cash Flow 1 -69.63 -50.83 -11.2 -191.3 -111.9 154.3
FCF margin -16.45% -10.32% -1.23% -41.36% -70.85% 31.58%
FCF Conversion (EBITDA) - - - - - 779.68%
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 5/16/19 2/25/20 2/18/21 2/21/22 2/24/23 3/1/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 16.5 - 125 - 104
Net Cash position 1 119 - 84.7 - 369 -
Leverage (Debt/EBITDA) - -2.13 x - -3.545 x - 5.242 x
Free Cash Flow 1 -69.6 -50.8 -11.2 -191 -112 154
ROE (net income / shareholders' equity) -126% 174% 5.59% -12.9% -12.5% -5.19%
ROA (Net income/ Total Assets) -4.96% -6.48% -0.34% -6.91% -4.95% -6.88%
Assets 1 1,993 -6,255 -12,759 1,503 1,177 539.7
Book Value Per Share 2 0.0600 0.8100 0.6400 0.5500 0.5600 0.5600
Cash Flow per Share 2 0.2200 0.0500 0.1500 0.0200 0.5000 0.1200
Capex 1 9.49 46.7 94.9 10.1 4.4 64.4
Capex / Sales 2.24% 9.49% 10.41% 2.18% 2.79% 13.18%
Announcement Date 5/16/19 2/25/20 2/18/21 2/21/22 2/24/23 3/1/24
1THB in Million2THB
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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