Bangkok Expressway and Metro Public Company Limited (FRA:B4X)

FRA:B4X Statistics

Total Valuation

FRA:B4X has a market cap or net worth of EUR 2.28 billion. The enterprise value is 5.02 billion.

Market Cap	2.28B
Enterprise Value	5.02B

Important Dates

The last earnings date was Tuesday, November 18, 2025.

Earnings Date	Nov 18, 2025
Ex-Dividend Date	Mar 11, 2025

Share Statistics

Current Share Class	n/a
Shares Outstanding	n/a
Shares Change (YoY)	-4.58%
Shares Change (QoQ)	+8.69%
Owned by Insiders (%)	0.18%
Owned by Institutions (%)	15.17%
Float	7.24B

Valuation Ratios

The trailing PE ratio is 22.85 and the forward PE ratio is 21.25.

PE Ratio	22.85
Forward PE	21.25
PS Ratio	5.12
PB Ratio	2.37
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.62, with an EV/FCF ratio of -27.59.

EV / Earnings	50.43
EV / Sales	11.03
EV / EBITDA	20.62
EV / EBIT	26.94
EV / FCF	-27.59

Financial Position

The company has a current ratio of 0.55, with a Debt / Equity ratio of 2.84.

Current Ratio	0.55
Quick Ratio	0.53
Debt / Equity	2.84
Debt / EBITDA	11.46
Debt / FCF	-14.96
Interest Coverage	3.01

Financial Efficiency

Return on equity (ROE) is 10.38% and return on invested capital (ROIC) is 3.33%.

Return on Equity (ROE)	10.38%
Return on Assets (ROA)	3.10%
Return on Invested Capital (ROIC)	3.33%
Return on Capital Employed (ROCE)	6.50%
Revenue Per Employee	137,521
Profits Per Employee	30,802
Employee Count	3,233
Asset Turnover	0.12
Inventory Turnover	n/a

Taxes

In the past 12 months, FRA:B4X has paid 21.36 million in taxes.

Income Tax	21.36M
Effective Tax Rate	17.66%

Stock Price Statistics

The stock price has decreased by -28.42% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-28.42%
50-Day Moving Average	0.13
200-Day Moving Average	0.13
Relative Strength Index (RSI)	52.40
Average Volume (20 Days)	20

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, FRA:B4X had revenue of EUR 444.61 million and earned 99.58 million in profits. Earnings per share was 0.01.

Revenue	444.61M
Gross Profit	196.98M
Operating Income	181.95M
Pretax Income	120.95M
Net Income	99.58M
EBITDA	235.41M
EBIT	181.95M
Earnings Per Share (EPS)	0.01

Balance Sheet

The company has 42.69 million in cash and 2.72 billion in debt, giving a net cash position of -2.68 billion.

Cash & Cash Equivalents	42.69M
Total Debt	2.72B
Net Cash	-2.68B
Net Cash Per Share	n/a
Equity (Book Value)	959.78M
Book Value Per Share	0.06
Working Capital	-522.29M

Cash Flow

In the last 12 months, operating cash flow was -169.83 million and capital expenditures -12.22 million, giving a free cash flow of -182.06 million.

Operating Cash Flow	-169.83M
Capital Expenditures	-12.22M
Free Cash Flow	-182.06M
FCF Per Share	n/a

Margins

Gross margin is 44.30%, with operating and profit margins of 40.92% and 22.40%.

Gross Margin	44.30%
Operating Margin	40.92%
Pretax Margin	27.20%
Profit Margin	22.40%
EBITDA Margin	52.95%
EBIT Margin	40.92%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.00, which amounts to a dividend yield of 3.01%.

Dividend Per Share	0.00
Dividend Yield	3.01%
Dividend Growth (YoY)	12.98%
Years of Dividend Growth	2
Payout Ratio	59.21%
Buyback Yield	4.58%
Shareholder Yield	7.58%
Earnings Yield	4.38%
FCF Yield	-8.00%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

FRA:B4X has an Altman Z-Score of 0.8 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.8
Piotroski F-Score	4