WICE LOGISTICS |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.2 THB | -0.95% |
|
+0.97% | -16.80% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,460 | 3,194 | 12,516 | 6,715 | 4,006 | 3,333 | - | - |
| Enterprise Value (EV) 1 | 1,460 | 3,194 | 11,889 | 5,678 | 4,006 | 3,205 | 3,200 | 3,333 |
| P/E ratio | 22.4 x | 15.8 x | 23.4 x | 12.1 x | 24 x | 16.5 x | 17 x | - |
| Yield | 4.02% | 2.86% | 1.2% | 2.23% | - | 5.1% | 4.55% | - |
| Capitalization / Revenue | 0.66 x | 0.8 x | 1.64 x | 0.95 x | 1.05 x | 0.74 x | 0.73 x | - |
| EV / Revenue | 0.66 x | 0.8 x | 1.56 x | 0.8 x | 1.05 x | 0.71 x | 0.7 x | - |
| EV / EBITDA | - | 8.27 x | 14.5 x | 6.69 x | 10.7 x | 6.61 x | 6.64 x | 6.92 x |
| EV / FCF | - | 12.5 x | 82.7 x | 7.11 x | - | 2.6 x | 7.81 x | - |
| FCF Yield | - | 7.99% | 1.21% | 14.1% | - | 38.5% | 12.8% | - |
| Price to Book | 1.84 x | 3.64 x | 8.33 x | 3.59 x | - | 2.12 x | 1.98 x | - |
| Nbr of stocks (in thousands) | 651,900 | 651,900 | 651,900 | 651,900 | 641,000 | 641,000 | - | - |
| Reference price 2 | 2.240 | 4.900 | 19.20 | 10.30 | 6.250 | 5.200 | 5.200 | 5.200 |
| Announcement Date | 2/28/20 | 2/24/21 | 2/23/22 | 2/21/23 | 2/20/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,221 | 3,996 | 7,637 | 7,103 | 3,798 | 4,518 | 4,597 | - |
| EBITDA 1 | - | 386.1 | 821.5 | 848.5 | 375.2 | 485 | 482 | 482 |
| EBIT 1 | - | 324.8 | 748.5 | 739.3 | 239 | 324 | 293 | - |
| Operating Margin | - | 8.13% | 9.8% | 10.41% | 6.29% | 7.17% | 6.37% | - |
| Earnings before Tax (EBT) 1 | - | 323.7 | 768.3 | 753.9 | 256.1 | 309 | 281 | - |
| Net income 1 | 61.97 | 201.1 | 535.5 | 554.1 | 170.4 | 207 | 203 | - |
| Net margin | 2.79% | 5.03% | 7.01% | 7.8% | 4.49% | 4.58% | 4.42% | - |
| EPS 2 | 0.1000 | 0.3100 | 0.8200 | 0.8500 | 0.2600 | 0.3150 | 0.3067 | - |
| Free Cash Flow 1 | - | 255.3 | 143.7 | 799 | - | 1,234 | 410 | - |
| FCF margin | - | 6.39% | 1.88% | 11.25% | - | 27.32% | 8.92% | - |
| FCF Conversion (EBITDA) | - | 66.11% | 17.49% | 94.16% | - | 254.43% | 85.06% | - |
| FCF Conversion (Net income) | - | 126.94% | 26.83% | 144.2% | - | 596.14% | 201.97% | - |
| Dividend per Share 2 | 0.0900 | 0.1400 | 0.2300 | 0.2300 | - | 0.2650 | 0.2367 | - |
| Announcement Date | 2/28/20 | 2/24/21 | 2/23/22 | 2/21/23 | 2/20/24 | - | - | - |
1THB in Million2THB
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 |
|---|---|---|---|---|---|---|---|
| Net sales | - | 2,379 | 2,155 | 2,063 | 1,610 | - | - |
| EBITDA | - | - | - | - | 226.3 | - | - |
| EBIT | - | 239.2 | 199.3 | 244 | 198.2 | - | - |
| Operating Margin | - | 10.06% | 9.25% | 11.83% | 12.31% | - | - |
| Earnings before Tax (EBT) | - | 249.4 | 194.4 | 239.2 | 192.6 | - | - |
| Net income 1 | 162.2 | 180.4 | 157.7 | 170.5 | 129.8 | 96.02 | 55.34 |
| Net margin | - | 7.58% | 7.32% | 8.26% | 8.06% | - | - |
| EPS | 0.2500 | 0.2800 | 0.2400 | 0.2600 | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 11/11/21 | 2/23/22 | 5/10/22 | 8/9/22 | 11/8/22 | 2/21/23 | 5/12/23 |
1THB in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | 628 | 1,037 | - | 128 | 133 | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 255 | 144 | 799 | - | 1,234 | 410 | - |
| ROE (net income / shareholders' equity) | 7.66% | 24.1% | 43.2% | 32.8% | - | 11.9% | 11.1% | - |
| ROA (Net income/ Total Assets) | - | 11.1% | 19.3% | 16.2% | - | 7% | 5.75% | - |
| Assets 1 | - | 1,810 | 2,770 | 3,414 | - | 2,957 | 3,530 | - |
| Book Value Per Share 2 | 1.220 | 1.350 | 2.300 | 2.870 | - | 2.460 | 2.630 | - |
| Cash Flow per Share 2 | - | 0.4200 | 0.9500 | 1.290 | - | 0.5000 | 0.6000 | - |
| Capex 1 | - | 19.4 | 65.6 | 38.9 | - | 661 | 186 | - |
| Capex / Sales | - | 0.48% | 0.86% | 0.55% | - | 14.63% | 4.05% | - |
| Announcement Date | 2/28/20 | 2/24/21 | 2/23/22 | 2/21/23 | 2/20/24 | - | - | - |
1THB in Million2THB
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
5.2
THB
Average target price
6.43
THB
Spread / Average Target
+23.65%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -16.80% | 90M | |
| -6.13% | 126B | |
| +5.09% | 65.42B | |
| -13.41% | 48.51B | |
| -10.93% | 16.08B | |
| +22.81% | 8.2B | |
| -10.03% | 7.24B | |
| -59.73% | 7.17B | |
| +30.89% | 5.68B | |
| -20.63% | 4.51B |
- Stock Market
- Equities
- WICE Stock
- Financials Wice Logistics
