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Page: Company Financials

Starflex Public Company Limited

Ticker: SFLEX.BK | Industry: Packaging & Containers | Sector: Consumer Cyclical
$3.22 +0.02 (0.63%)
As of: 2026-01-27

Master Data Export

Enterprise Value

Metric 2025 2024 2023 2022 2021 2020 2019 2018
Stock Price 2.83 3.18 3.70 3.62 5.50 4.90 1.92 1.94
Market Capitalization 2,179.78M 2,493.54M 2,941.29M 3,012.14M 4,507.96M 4,015.95M 1,264.95M 1,033.02M
(-) Cash & Equivalents 91.74M 90.66M 94.00M 118.39M 112.71M 200.55M 162.10M -0.88M
(+) Total Debt 697.68M 713.20M 379.32M 250.75M 146.61M 95.31M 187.51M 90.36M
Enterprise Value 2,785.72M 3,116.07M 3,226.61M 3,144.51M 4,541.86M 3,910.71M 1,290.36M 1,124.26M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
Revenue 1,925M 1,853M 1,869M 1,795M 1,669M 1,677M 1,398M 1,256M 1,361M 1,338M 1,170M 1,138M
Cost of Revenue 1,461M 1,389M 1,408M 1,365M 1,458M 1,414M 1,094M 1,037M 1,063M 1,051M 1,010M 1,019M
Gross Profit 464M 464M 461M 430M 211M 263M 304M 219M 298M 286M 161M 119M
Gross Profit Margin 24.1% 25.0% 24.7% 24.0% 12.6% 15.7% 21.8% 17.4% 21.9% 21.4% 13.7% 10.4%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 219M 220M 195M 223M 170M 152M 146M 127M 126M 103M 103M 90M
Operating Expenses 193M 208M 192M 197M 144M 102M 131M 111M 113M 89M 103M 90M
Operating Income (EBIT) 271M 256M 269M 233M 67M 161M 174M 108M 185M 197M 58M 29M
Operating Income Margin 14.1% 13.8% 14.4% 13.0% 4.0% 9.6% 12.4% 8.6% 13.6% 14.8% 4.9% 2.6%
Interest Income 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 24M 18M
Interest Expense 32M 33M 35M 10M 3M 4M 5M 14M 14M 16M 0M 0M
Net Interest Income -32M -33M -35M -10M -3M -4M -5M -14M -14M -16M 24M 18M
Unusual Items 17M 28M 50M 0M 0M 0M 2M 1M 0M 2M -36M -31M
EBT Excluding Unusual Items 240M 223M 234M 223M 64M 157M 169M 93M 171M 181M 82M 47M
Pre-Tax Income 256M 251M 285M 223M 65M 157M 171M 95M 171M 183M 47M 16M
Pre-Tax Margin 13.3% 13.6% 15.2% 12.4% 3.9% 9.4% 12.2% 7.5% 12.5% 13.7% 4.0% 1.4%
Income Tax Expense -1M 5M 4M 39M 10M 7M 28M 16M 35M 37M 13M 4M
Net Income 257M 248M 281M 184M 55M 149M 143M 79M 136M 147M 33M 13M
Net Income Margin 13.4% 13.4% 15.0% 10.3% 3.3% 8.9% 10.2% 6.3% 10.0% 11.0% 2.8% 1.1%
Depreciation & Amortization 70M 65M 66M 58M 57M 62M 59M 41M 36M 33M 37M 37M
EBITDA 342M 321M 336M 291M 124M 223M 232M 148M 221M 230M 95M 66M
EBITDA Margin 17.7% 17.3% 18.0% 16.2% 7.4% 13.3% 16.6% 11.8% 16.2% 17.2% 8.1% 5.8%
NOPAT 272M 250M 266M 192M 57M 153M 145M 89M 148M 158M 41M 23M
NOPAT Margin 14.2% 13.5% 14.2% 10.7% 3.4% 9.1% 10.4% 7.1% 10.8% 11.8% 3.5% 2.0%
Owner's Earnings 210M 247M 234M 185M -74M 36M 48M 74M 88M 126M 71M 49M
Owner's Earnings Margin 10.9% 13.3% 12.5% 10.3% -4.4% 2.1% 3.4% 5.9% 6.5% 9.4% 6.0% 4.3%
EPS (Basic) 0.33 0.32 0.36 0.23 0.07 0.18 0.17 0.13 0.23 0.29 0.02 0.01
EPS (Diluted) 0.33 0.32 0.36 0.23 0.07 0.18 0.17 0.13 0.23 0.18 0.02 0.01
Shares (Basic) 771M 788M 776M 801M 820M 820M 820M 610M 592M 505M 1,640M 1,640M
Shares (Diluted) 771M 788M 776M 796M 820M 820M 820M 610M 592M 820M 1,640M 1,640M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
Cash & Cash Equivalents 85.60M 85.06M 62.08M 80.78M 129.08M 74.83M 168.51M 471.17M 50.80M 53.43M 35.85M 27.66M
Short-Term Investments 0.02M 0.03M 0.63M 0.00M 0.18M 0.69M 0.24M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 85.62M 85.09M 62.70M 80.78M 129.26M 75.52M 168.75M 471.17M 50.80M 53.43M 35.85M 27.66M
Net Receivables 362.87M 329.84M 316.14M 321.56M 263.35M 345.54M 261.25M 236.57M 224.85M 269.90M 211.00M 341.76M
Inventory 333.63M 373.73M 398.49M 325.97M 333.36M 333.85M 228.28M 203.48M 204.18M 195.42M 191.80M 155.10M
Other Current Assets 42.14M 36.46M 39.65M 27.20M 42.59M 55.46M 25.53M 20.21M 15.27M 12.56M 7.62M 13.81M
Total Current Assets 824.25M 825.13M 816.99M 755.51M 768.55M 810.38M 683.81M 931.43M 495.09M 531.31M 446.28M 538.34M
Property, Plant & Equipment 845.81M 852.35M 851.31M 839.85M 797.95M 702.35M 573.07M 419.49M 388.97M 339.38M 358.33M 390.10M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 8.94M 8.65M 8.45M 3.49M 0.73M 2.13M 3.05M 4.09M 5.77M 5.60M 6.56M 7.46M
Long-Term Investments 505.78M 501.15M 496.86M 413.45M 36.83M 5.00M 5.00M 18.35M 8.59M 21.64M 63.89M 66.86M
Tax Assets 9.59M 7.36M 0.02M 11.21M 6.65M 8.96M 8.20M 8.64M 6.88M 5.80M 4.60M 0.00M
Other Non-Current Assets 18.66M 12.95M 13.03M 12.41M 12.35M 12.29M 12.23M 18.77M 18.68M 6.53M 6.00M 4.01M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 1,388.77M 1,382.46M 1,369.67M 1,280.41M 854.51M 730.73M 601.54M 469.34M 428.89M 378.94M 439.38M 468.42M
Total Assets 2,213.03M 2,207.59M 2,186.65M 2,035.92M 1,623.06M 1,541.11M 1,285.36M 1,400.77M 923.98M 910.26M 885.66M 1,006.76M
Accounts Payable 230.08M 221.47M 225.94M 231.97M 213.94M 235.60M 209.37M 242.10M 129.31M 246.42M 195.23M 247.33M
Short-Term Debt 403.04M 383.52M 324.44M 470.49M 106.06M 106.98M 27.43M 124.52M 143.16M 85.72M 126.98M 220.15M
Tax Payables 0.00M 0.00M 0.00M 14.97M 7.08M 3.52M 10.30M 8.16M 14.54M 24.29M 6.36M 1.11M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 62.80M 85.90M 66.56M 0.00M 46.23M 0.00M 1.11M
Other Current Liabilities 0.04M 0.60M 0.00M 62.99M 34.80M 32.74M 11.28M 48.27M 33.92M 24.29M 25.26M 1.76M
Total Current Liabilities 633.16M 605.59M 550.38M 780.41M 361.88M 441.64M 344.27M 489.62M 320.92M 426.94M 353.83M 471.46M
Long-Term Debt 287.94M 301.00M 341.49M 149.93M 157.09M 70.38M 0.00M 66.66M 98.83M 95.41M 144.20M 170.11M
Capital Lease Obligations 12.20M 14.13M 17.82M 27.84M 26.24M 27.58M 47.20M 41.65M 29.11M 32.66M 2.73M 2.41M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 72.56M 61.73M 56.76M 46.46M 42.69M 42.94M 33.65M 29.13M 17.94M 13.47M 9.74M 0.00M
Total Non-Current Liabilities 372.70M 376.86M 416.07M 224.22M 226.02M 140.89M 80.85M 137.45M 145.87M 141.53M 156.67M 172.52M
Total Liabilities 1,005.86M 982.45M 966.46M 1,004.63M 587.90M 582.53M 425.13M 627.07M 466.79M 568.47M 510.50M 643.99M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 410.00M 410.00M 410.00M 410.00M 410.00M 410.00M 410.00M 410.00M 300.00M 250.00M 250.00M 250.00M
Retained Earnings 357.30M 400.50M 399.60M 255.21M 239.37M 217.03M 140.80M 94.75M 128.41M 135.60M 125.16M 94.50M
Accumulated OCI 266.38M 256.89M 196.14M 132.35M 33.00M 30.29M 26.80M 22.09M 16.84M 6.86M 0.00M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 1,033.69M 1,067.40M 1,005.74M 797.56M 682.38M 657.31M 577.60M 526.84M 445.24M 392.46M 375.16M 344.50M
Total Equity 1,033.69M 1,067.40M 1,005.74M 797.56M 682.38M 657.31M 577.60M 526.84M 445.24M 392.46M 375.16M 344.50M
Total Liabilities & Equity 2,039.55M 2,049.85M 1,972.20M 1,802.19M 1,270.28M 1,239.84M 1,002.72M 1,153.91M 912.03M 960.93M 885.66M 988.49M
Tangible Assets 2,204.08M 2,198.94M 2,178.21M 2,032.44M 1,622.33M 1,538.98M 1,282.31M 1,396.68M 918.22M 904.66M 879.10M 999.30M
Tangible Equity 1,024.74M 1,058.75M 997.30M 794.07M 681.65M 655.18M 574.55M 522.75M 439.48M 386.87M 368.60M 337.05M
Tangible Book Value 1,024.74M 1,058.75M 997.30M 794.07M 681.65M 655.18M 574.55M 522.75M 439.48M 386.87M 368.60M 337.05M
Total Investments 505.80M 501.19M 497.49M 413.45M 37.01M 5.69M 5.24M 18.35M 8.59M 21.64M 63.89M 66.86M
Net Debt 605.38M 599.46M 603.86M 539.64M 134.08M 102.53M -141.08M -279.99M 191.19M 127.70M 235.33M 362.59M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
Working Capital 80.6M 133.6M 179.2M -65.3M 348.9M 356.9M 338.8M 487.0M 155.9M 149.4M 91.3M 48.6M
Total Capital 1,806.0M 1,844.7M 1,824.1M 1,648.8M 1,274.8M 1,165.2M 955.2M 1,062.7M 716.3M 606.3M 649.1M 739.8M
Capital Employed 1,469.4M 1,516.1M 1,548.9M 1,215.1M 1,203.4M 1,087.6M 940.3M 956.4M 584.8M 528.3M 530.7M 517.0M
Invested Capital 1,720.4M 1,759.6M 1,762.0M 1,568.0M 1,145.7M 1,090.4M 786.7M 591.5M 665.5M 552.8M 613.2M 712.1M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
Net Income 256.47M 249.96M 284.63M 184.25M 64.70M 156.91M 170.68M 94.62M 170.74M 183.19M 42.73M 12.61M
Depreciation & Amortization 70.16M 65.32M 66.28M 58.25M 56.52M 61.68M 58.59M 40.87M 35.80M 32.80M 0.00M 0.00M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -10.99M -52.04M -95.77M -75.47M 52.01M -133.08M -60.82M 91.00M -61.57M -22.22M 0.00M 0.00M
Accounts Receivable -52.89M -24.44M -2.70M -65.95M 69.98M -50.81M -24.93M -13.37M 45.32M -61.01M 0.00M 0.00M
Inventory 44.63M -48.62M -62.55M -2.58M 2.22M -105.76M -27.04M 5.59M -12.40M -2.88M 0.00M 0.00M
Accounts Payable -4.60M 38.43M -17.09M 50.02M -20.25M 20.59M -3.55M 103.41M -93.79M 46.60M 0.00M 0.00M
Other Working Capital 1.88M -17.42M -13.43M -56.96M 0.05M 2.90M -5.30M -4.63M -49.17M -19.34M 0.00M 0.00M
Other Non-Cash Items -16.68M 36.22M -39.58M 75.40M 1.85M -41.69M -16.94M -18.09M -36.67M -16.02M -42.73M -12.61M
Net Cash from Operating Activities 298.96M 247.71M 215.56M 242.43M 175.08M 43.81M 151.50M 208.41M 108.31M 177.76M 0.00M 0.00M
Capital Expenditures (PPE) -115.89M -63.14M -107.69M -85.26M -185.58M -175.29M -153.19M -45.88M -84.04M -53.80M 0.00M 0.00M
Acquisitions (Net) 0.00M -61.78M -62.25M 0.00M -31.62M 3.99M 0.20M 17.51M 0.64M 133.16M 0.00M 0.00M
Purchases of Investments 0.00M -418.04M 0.00M -376.83M -0.09M -0.06M -0.20M -0.10M -12.14M -0.53M 0.00M 0.00M
Sales / Maturities of Investments 0.19M 0.03M 0.00M 0.10M 0.00M -3.93M 7.33M -17.41M 0.00M 60.00M 0.00M 0.00M
Other Investing Activities 42.76M 4.58M 41.13M 2.45M 73.29M -20.49M -26.17M 7.65M 1.54M 54.88M 0.00M 0.00M
Net Cash from Investing Activities -72.93M -485.56M -128.81M -459.55M -144.00M -195.77M -172.04M -38.23M -82.50M 61.08M 0.00M 0.00M
Net Debt Issuance 8.40M 81.68M 31.97M 346.22M 65.93M 127.98M -123.75M -57.79M 4.99M -91.93M 0.00M 0.00M
Long-Term Debt Issuance -18.10M 177.58M 176.78M -7.26M 89.42M 102.88M -123.75M -37.61M 4.99M -55.30M 0.00M 0.00M
Short-Term Debt Issuance 26.50M 220.82M -144.80M 353.48M -23.49M 25.10M -64.08M -20.18M 49.90M -36.63M 0.00M 0.00M
Net Stock Issuance -70.24M -49.96M -49.96M -100.06M 0.00M 0.00M 0.00M 426.80M 0.00M 0.00M 0.00M 0.00M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 426.80M 50.00M 0.00M 0.00M 0.00M
Common Stock Repurchased -70.24M -49.96M -49.96M -100.06M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -146.96M -117.34M -82.21M -59.44M -36.90M -69.70M -94.30M -105.00M -133.33M -129.33M 0.00M 0.00M
Common Dividends Paid -146.96M -117.34M -82.21M -59.44M -36.90M -69.70M -94.30M -105.00M -133.33M -129.33M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -3.57M 310.85M -6.40M -5.86M -5.86M 0.00M -64.08M -13.81M 99.90M 0.00M 0.00M 0.00M
Net Cash from Financing Activities -212.36M 225.26M -106.60M 180.87M 23.17M 58.28M -282.13M 250.19M -28.44M -221.26M 0.00M 0.00M
Effect of FX on Cash 0.00M -10.90M 1.14M -12.04M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash 13.67M -23.49M -18.71M -48.30M 54.25M -93.68M -302.66M 420.38M -2.64M 17.58M 0.00M 0.00M
Cash at Beginning of Period 323.64M 404.84M 80.78M 129.08M 74.83M 168.51M 471.17M 50.80M 53.43M 35.85M 0.00M 0.00M
Cash at End of Period 337.31M 381.35M 62.08M 80.78M 129.08M 74.83M 168.51M 471.17M 50.80M 53.43M 0.00M 0.00M
Operating Cash Flow 298.96M 242.46M 215.56M 242.43M 175.08M 43.81M 151.50M 208.41M 108.31M 177.76M 0.00M 0.00M
Capital Expenditure -117.16M -66.89M -112.89M -57.18M -185.58M -175.29M -153.19M -45.88M -84.04M -53.80M 0.00M 0.00M
Free Cash Flow 181.80M 175.56M 102.67M 185.25M -10.50M -131.48M -1.69M 162.53M 24.27M 123.96M 0.00M 0.00M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31
EBITDA 315.14M 309.36M 332.47M 265.21M 96.92M 172.38M 216.90M 132.21M 207.91M 216.65M 95.26M 65.78M
(-) Tax Adjustment 0.00M 6.70M 4.52M 46.19M 14.43M 8.23M 35.42M 22.36M 42.17M 43.24M 27.36M 14.45M
(-) Change In Working Capital -10.99M -52.04M -95.77M -75.47M 52.01M -133.08M -60.82M 91.00M -61.57M -22.22M 0.00M 0.00M
(-) Capital Expenditure -117.16M -66.89M -112.89M -57.18M -185.58M -175.29M -153.19M -45.88M -84.04M -53.80M 0.00M 0.00M
Unlevered Free Cash Flow 208.96M 287.81M 310.83M 237.31M -155.10M 121.94M 89.10M -27.03M 143.27M 141.83M 67.90M 51.33M
(-) Net Interest Income After Taxes -31.82M -31.89M -34.53M -8.02M -2.49M -3.71M -3.85M -11.99M -11.38M -12.89M 17.45M 13.90M
Net Debt Issuance 8.40M 81.68M 31.97M 346.22M 65.93M 127.98M -123.75M -57.79M 4.99M -91.93M 0.00M 0.00M
Levered Free Cash Flow 249.18M 401.38M 377.34M 591.56M -86.68M 253.64M -30.79M -72.83M 159.64M 62.78M 50.45M 37.42M