PTT EXPLORATION AND

PTTEP
End-of-day quote. End-of-day quote  - 06/18
118THB -2.07%
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 160 401190 887
EBITDA1 109 753129 916
Operating profit (EBIT)1 44 50360 637
Operating Margin 27,7%31,8%
Pre-Tax Profit (EBT)1 41 42854 361
Net income1 22 66435 608
Net margin 14,1%18,7%
EPS2 5,658,83
Dividend per Share2 4,254,68
Last update 01/28/202106/11/2021
1 THB in Million
2 THB
Estimates
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 -27 262
Net Cash position1 4 310-
Leverage (Debt / EBITDA) -0,04x0,21x
Free Cash Flow1 51 5955 803
ROE (Net Profit / Equities) 6,37%9,92%
Shareholders' equity1 355 737359 078
ROA (Net Profit / Asset) 3,36%5,44%
Assets1 673 822654 844
Book Value Per Share2 89,394,9
Cash Flow per Share2 21,623,8
Capex1 35 079110 005
Capex / Sales 21,9%57,6%
Last update 01/28/202106/11/2021
1 THB in Million
2 THB
Estimates
Balance Sheet Analysis
Financial Ratios
Size 2021e 2022e
Capitalization 468 458 M THB -
Entreprise Value (EV) 495 720 M THB 477 039 M THB
Valuation 2021e 2022e
P/E ratio (Price / EPS) 13,4x 11,3x
Capitalization / Revenue 2,45x 2,16x
EV / Revenue 2,60x 2,29x
EV / EBITDA 3,82x 3,32x
Yield (DPS / Price) 3,96% 4,55%
Price to book (Price / BVPS) 1,24x 1,17x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 31,8% 32,6%
Operating Leverage (Delta EBIT / Delta Sales) 1,91x 1,21x
Net Margin (Net Profit / Revenue) 18,7% 19,6%
ROA (Net Profit / Asset) 5,44% 5,99%
ROE (Net Profit / Equities) 9,92% 10,9%
Rate of Dividend 53,0% 51,7%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   57,6% 43,3%
Cash Flow / Sales 49,4% 56,8%
Capital Intensity (Assets / Sales) 3,43x 3,27x
Financial Leverage (Net Debt / EBITDA) 0,21x 0,06x
Price Earning Ratio
EPS & Dividend