100.3
Revenue฿M
120.3
128.9
140.7
149.8
163.1
176.0
192.1
207.6
225.7
245.7
108.2
8.54%
8.32%
61
23.18
Revenue growth%
7.45
6.74
6.32
8.73
8.32
7.28
5.82
4.96
5.42
2.89
29.10
5.42
6.53
51
6.77
Gross margin%
27.71
29.50
27.12
29.51
27.59
24.91
27.57
30.20
29.30
31.86
18.23
29.30
28.50
52
14.13
Operating margin%
13.05
12.36
13.14
11.12
11.29
9.06
11.28
8.67
7.12
9.59
2.98
9.06
11.20
60
22.22
Net margin%
24.08
23.88
22.10
23.41
22.13
20.68
18.95
16.84
19.47
19.64
22.34
19.47
21.39
25
24.79
P/E ratio (avg)x
43.53
40.40
35.60
32.72
32.12
29.78
25.99
26.24
28.15
25.57
16.45
26.24
30.95
84
21.95
EV/EBITx
7.769
8.316
7.564
6.973
6.354
6.855
7.029
7.665
6.965
7.216
10.16
7.029
7.123
94
3.24
FCF yield (avg)%
21.16
21.87
23.03
24.83
25.38
25.91
27.98
29.10
29.09
27.60
24.56
27.98
25.64
20
12.28
FCF margin%
1.23
0.40
2.04
4.64
3.09
3.45
0.89
3.64
3.18
5.61
29.73
3.45
3.13
6
0.353
FCF / Net incomex
2.270
2.224
2.480
2.526
2.522
2.530
2.603
2.577
2.889
3.352
0.171
2.603
2.528
60
8.79
ROIC%
13.91
15.96
17.84
16.79
18.25
19.17
18.13
20.45
23.43
25.05
7.99
20.45
18.19
13
22.72
Return on equity%
27.02
28.94
26.06
27.36
29.32
28.31
30.92
31.06
30.02
32.24
27.69
30.92
29.13
12
17.02
Return on assets%
33.85
35.83
32.95
33.78
34.49
32.56
31.37
31.35
28.84
30.38
28.03
31.35
32.75
63
0.11
EPS฿
0.44
0.44
0.49
0.58
0.58
0.69
0.66
0.70
0.71
0.75
0.12
5.04%
5.15%
—
11.72
EPS growth%
22.98
24.01
26.71
29.13
30.37
29.24
29.59
32.04
32.01
34.68
19.21
32.01
29.41
16
0.22
Bookvalue per sh฿
0.12
0.12
0.11
0.11
0.10
0.10
0.11
0.12
0.12
0.12
0.18
2.59%
(0.54%)
—
0.12
FCF per share฿
0.60
0.67
0.68
0.77
0.89
0.90
0.96
1.08
1.06
1.15
0.29
5.16%
8.58%
—
0.42
Dividend per sh฿
0.09
0.09
0.09
0.08
0.08
0.08
0.08
0.07
0.08
0.09
0.45
1.47%
0.41%
—
17.65
Div yield (avg)%
19.18
21.15
23.33
21.99
22.27
20.04
22.60
21.00
23.66
22.22
14.54
22.22
22.10
57
14.33
Payout ratio%
27.67
26.85
24.09
21.56
22.82
23.18
22.65
23.04
26.01
26.08
27.73
23.18
23.64
62
587.5
Shares (diluted)M
765.4
708.0
683.5
764.5
756.2
846.8
835.2
780.5
894.0
926.9
610.6
4.16%
3.32%
56
17.58
Buyback yield%
6.31
5.65
3.54
6.49
8.36
5.39
3.51
3.36
5.94
4.79
7.68
4.79
5.52
84
0.779
D/E ratiox
2.747
3.331
3.693
4.174
4.308
4.826
4.867
4.789
5.048
5.234
0.905
4.867
4.549
74
142.9
Enterprise value฿M
234.6
272.1
283.9
282.3
292.7
278.3
292.8
323.8
347.0
383.2
68.95
5.54%
4.62%
22
229.4
LT debt฿M
199.7
199.3
176.7
193.2
210.3
210.8
182.5
201.0
179.6
192.0
203.6
(1.81%)
(1.77%)
90
Revenue
฿245.7M
8.32%
1.00×
Cost of revenue
฿156.6M
8.44%
1.01×
Operating expenses
฿53.12M
7.78%
0.95×
Property and equipment
15.45%
Cash and investments
15.32%
Spread over hurdle
(3.52%)