PTT EXPLORATION AND

PTTEP
End-of-day quote. End-of-day quote  - 11/25
101THB +4.39%
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2019 2020
Net sales1 191 053158 772
EBITDA1 135 112106 572
Operating profit (EBIT)1 72 30142 014
Operating Margin 37,8%26,5%
Pre-Tax Profit (EBT)1 69 75437 475
Net income1 48 80323 999
Net margin 25,5%15,1%
EPS2 11,76,01
Dividend per Share2 6,003,22
Last update 01/30/202011/24/2020
1 THB in Million
2 THB
Estimates
Finances - Leverage
Fiscal Period: December 2019 2020
Net Debt1 -18 672
Net Cash position1 2 161-
Leverage (Debt / EBITDA) -0,02x0,18x
Free Cash Flow1 72 91210 132
ROE (Net Profit / Equities) 13,1%6,56%
Shareholders' equity1 373 562365 577
ROA (Net Profit / Asset) 7,48%3,61%
Assets1 652 275665 688
Book Value Per Share2 89,992,8
Cash Flow per Share2 26,223,0
Capex1 36 88378 397
Capex / Sales 19,3%49,4%
Last update 01/30/202011/17/2020
1 THB in Million
2 THB
Estimates
Balance Sheet Analysis
Financial Ratios
Size 2020e 2021e
Capitalization 400 969 M THB -
Entreprise Value (EV) 419 641 M THB 414 883 M THB
Valuation 2020e 2021e
P/E ratio (Price / EPS) 16,8x 16,7x
Capitalization / Revenue 2,53x 2,33x
EV / Revenue 2,64x 2,44x
EV / EBITDA 3,94x 3,67x
Yield (DPS / Price) 3,19% 3,21%
Price to book (Price / BVPS) 1,09x 1,06x
Profitability 2020e 2021e
Operating Margin (EBIT / Sales) 26,5% 24,9%
Operating Leverage (Delta EBIT / Delta Sales) -2,48x 0,24x
Net Margin (Net Profit / Revenue) 15,1% 13,8%
ROA (Net Profit / Asset) 3,61% 3,41%
ROE (Net Profit / Equities) 6,56% 6,27%
Rate of Dividend 53,6% 53,6%
Balance Sheet Analysis 2020e 2021e
CAPEX / Sales   49,4% 52,2%
Cash Flow / Sales 57,4% 57,2%
Capital Intensity (Assets / Sales) 4,19x 4,04x
Financial Leverage (Net Debt / EBITDA) 0,18x 0,12x
Price Earning Ratio
EPS & Dividend