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CP Axtra Public Company Limited Unsponsored ADR (SMKUY)
Key financial summary
Financials in THB| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | THB bn | 210 | 218 | 266 | 466 | 486 | 509 | 514 |
| Operating profit | THB bn | 19 | 19 | |||||
| Net profit | THB bn | 6 | 6 | 13 | 8 | 9 | 11 | 11 |
| EPS reported | THB | 0.98 | 1.00 | |||||
| Operating cashflow per share | THB | 2.23 | 2.08 | |||||
| Capex per share | THB | 1.25 | 1.54 | |||||
| FCF per share | THB | 0.98 | 0.54 | |||||
| Free cash flow | THB bn | 11 | 14 | |||||
| Net debt | THB bn | 79 | 91 | |||||
| Book value equity | THB bn | 298 | 297 | |||||
| Book value per share | THB | 27.49 | 27.44 | |||||
| Number of shares | m | 10,827.76 | 10,827.76 | |||||
| DPS (TTM paid) | THB | 0.18 | 14.67 |
Financial summary
Financials in THB| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 37.20 | - | |||||
| P/B LTM | x | 1.33 | 1.19 | |||||
| P/S LTM | x | 0.78 | 0.69 | |||||
| P/FCF LTM | x | 37.03 | 25.26 | |||||
| EV/EBITDA LTM | x | 14.24 | 12.01 | |||||
| EV/Sales LTM | x | 1.03 | 0.87 | |||||
| Earnings Yield LTM | % | 2.69% | 2.03% | |||||
| FCF Yield | % | 2.70% | 3.96% | |||||
| Quality | ||||||||
| ROE | % | 3.55% | 2.66% | |||||
| ROIC | % | 3.15% | 2.66% | |||||
| Operating margin | % | 3.66% | 3.58% | |||||
| Gross margin | % | 16.45% | 16.41% | |||||
| FCF/Sales | % | 2.09% | 1.22% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +19.51% | +9.89% | |||||
| Sales Growth YoY | % | +4.58% | +3.06% | |||||
| Net Income Growth YoY | % | +22.33% | +12.74% | |||||
| FCF Growth | % | -49.24% | -32.79% | |||||
| Operating Profit Growth | % | +11.53% | +8.67% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 1.53% | 42.49% | |||||
| Dividend Growth | % | -67.97% | - | |||||
| Payout Ratio | % | 57.06% | 17.64% | |||||
| FCF/Debt | x | 0.07 | 0.09 | |||||
| Net Debt/EBITDA | x | 3.56 | 3.35 | |||||
| EBIT/Net interest | x | 3.25 | 2.35 | |||||
| Net debt/market cap | % | 19.95% | 25.57% | |||||
| Net debt/Equity | x | 0.26 | 0.31 | |||||
| Gross debt/equity | x | 0.51 | 0.54 | |||||
Company overview
Siam Makro Public Company Limited is a retail enterprise primarily known for its Makro-branded cash-and-carry wholesale centers. The company's operations are diversified across several key segments: Cash and Carry, Retail, Mall Rental, and Food Services. These trade centers cater to a wide array of registered business members, supplying both food and non-food products. Its clientele encompasses small and medium-sized enterprises (SMEs), various retailers, catering services, professional organizations, and institutional buyers. Beyond its retail offerings, Siam Makro provides logistical solutions, including freight, delivery rental, and storage services. It also extends its expertise through marketing and consulting, alongside comprehensive import, export, trading, and distribution activities for food products. Furthermore, the company's portfolio includes technical and support services, the trade of non-food items, and investments in and management of retail businesses and mall rental operations. It is additionally engaged in the import and trade of frozen and chilled food, operates in the telecommunications sector, and manages restaurant and minimart establishments. As of the close of 2021 (December 31), Siam Makro managed a significant retail footprint, comprising 135 Makro stores and 7 specialized frozen food outlets. Established in 1988, the company maintains its headquarters in Bangkok, Thailand, and functions as a subsidiary of CP ALL Public Company Limited.
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CP Axtra Public Company Limited Unsponsored ADR (SMKUY)
Siam Makro Public Company Limited is a retail enterprise primarily known for its Makro-branded cash-and-carry wholesale centers. The company's operations are diversified across several key segments: Cash and Carry, Retail, Mall Rental, and Food Services. These trade centers cater to a wide array of registered business members, supplying both food and non-food products. Its clientele encompasses small and medium-sized enterprises (SMEs), various retailers, catering services, professional organizations, and institutional buyers. Beyond its retail offerings, Siam Makro provides logistical solutions, including freight, delivery rental, and storage services. It also extends its expertise through marketing and consulting, alongside comprehensive import, export, trading, and distribution activities for food products. Furthermore, the company's portfolio includes technical and support services, the trade of non-food items, and investments in and management of retail businesses and mall rental operations. It is additionally engaged in the import and trade of frozen and chilled food, operates in the telecommunications sector, and manages restaurant and minimart establishments. As of the close of 2021 (December 31), Siam Makro managed a significant retail footprint, comprising 135 Makro stores and 7 specialized frozen food outlets. Established in 1988, the company maintains its headquarters in Bangkok, Thailand, and functions as a subsidiary of CP ALL Public Company Limited.
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