Valuation Thai Beverage

Stocks

Market Closed - Singapore S.E. Other stock markets 05:07:00 2026-07-24 EDT			5-day change	1st Jan Change
0.4550 ^SGD	+1.11%		0.00%	-1.09%

07-21	Bank of America Working With Thai Beverage Over Potential Sale of Latter's KFC Franchise in Thailand	MT
07-17	Bank of America Working With Thai Beverage Over Potential Sale of Latter's KFC Franchise in Thailand	MT

Data adjusted to current consolidation scope

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	407,676	396,474	386,809	338,955	293,980	298,308	-	-
Change	-	-2.75%	-2.44%	-12.37%	-13.27%	1.47%	-	-
Enterprise Value (EV) ¹	592,999	556,888	550,339	525,552	477,513	464,313	450,732	440,698
Change	-	-6.09%	-1.18%	-4.5%	-9.14%	-2.76%	-2.92%	-2.23%
P/E	16.6x	13.2x	14.1x	12.5x	11.6x	11.1x	10.4x	9.8x
PBR	2.38x	1.93x	1.92x	2.27x	2.08x	1.96x	1.82x	1.69x
PEG	-	0.6x	-1.54x	-13.63x	-1.79x	2.02x	1.38x	1.74x
Capitalization / Revenue	1.69x	1.46x	1.39x	1x	0.88x	0.88x	0.85x	0.82x
EV / Revenue	2.47x	2.04x	1.97x	1.54x	1.43x	1.38x	1.28x	1.21x
EV / EBITDA	14.3x	12x	12.5x	9.37x	8.82x	8.41x	7.95x	7.5x
EV / EBIT	17.6x	14.4x	15.2x	11.5x	10.9x	10.3x	9.74x	9.07x
EV / FCF	20.7x	13.4x	20.2x	18.1x	14.5x	10.5x	10.9x	10.9x
FCF Yield	4.84%	7.48%	4.96%	5.54%	6.92%	9.57%	9.15%	9.18%
Dividend per Share ²	0.5	0.6	0.6	0.62	0.62	0.618	0.6315	0.6595
Rate of return	3.08%	3.8%	3.9%	4.6%	5.3%	5.21%	5.32%	5.56%
EPS ²	0.98	1.2	1.09	1.08	1.01	1.065	1.146	1.211
Distribution rate	51%	50%	55%	57.4%	61.4%	58%	55.1%	54.5%
Net sales ¹	240,543	272,359	279,085	340,289	333,286	337,115	351,695	365,387
EBITDA ¹	41,613	46,344	43,971	56,074	54,157	55,188	56,727	58,767
EBIT ¹	33,782	38,583	36,229	45,874	43,811	45,012	46,290	48,581
Net income ¹	24,645	30,106	27,434	27,216	25,361	27,067	28,882	30,364
Net Debt ¹	185,323	160,414	163,530	186,597	183,534	166,005	152,424	142,389
Reference price ²	16.23	15.78	15.40	13.49	11.70	11.87	11.87	11.87
Nbr of stocks (in thousands)	25,118,755	25,120,888	25,124,754	25,127,675	25,130,487	25,131,686	-	-
Announcement Date	11/26/21	11/25/22	11/22/23	11/21/24	11/25/25	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
THAI BEVERAGE	11.14x	1.38x	8.41x	5.21%	8.86B
DIAGEO PLC	13.42x	3.4x	10.49x	2.57%	46.36B
PERNOD RICARD	11.34x	2.75x	9.13x	7.42%	18.02B
BROWN-FORMAN CORPORATION	15.35x	3.54x	11.99x	3.65%	12.07B
RADICO KHAITAN LIMITED	69.73x	7.91x	44.4x	0.22%	5.69B
EMPERADOR INC.	40.87x	4.73x	25.45x	0.66%	4.01B
RÉMY COINTREAU	26.37x	3.18x	14.15x	2.04%	2.71B
ALLIED BLENDERS AND DISTILLERS LIMITED	54.4x	4.07x	28.79x	0.91%	1.8B
FEVERTREE DRINKS PLC	30.14x	2.13x	17.06x	2.26%	1.24B
Average	30.31x	3.67x	18.87x	2.77%	11.2B
Weighted average by Cap.	18.64x	3.42x	13.26x	3.54%