Valuation Thai Group Holdings

Stocks

End-of-day quote Thailand S.E. 2026-10-15			5-day change	1st Jan Change
10.40 ^THB	-2.80%		0.00%	-9.57%

08-13	Thai Group Holdings Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-14	Thai Group Holdings posts qtrly net profit of 225 million baht	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	24,443	18,727	15,192	12,334	9,552	8,649
Change	-	-23.38%	-18.88%	-18.81%	-22.56%	-9.45%
Enterprise Value (EV) ¹	37,817	32,214	30,471	29,475	25,636	23,259
Change	-	-14.82%	-5.41%	-3.27%	-13.02%	-9.27%
P/E	33.6x	-5.74x	10.2x	223x	24.8x	8.07x
PBR	1.78x	1.88x	1.62x	1.43x	0.95x	0.81x
PEG	-	0x	-0x	-2.3x	0x	0x
Capitalization / Revenue	1.05x	0.71x	0.77x	0.69x	0.54x	0.68x
EV / Revenue	1.62x	1.21x	1.53x	1.65x	1.46x	1.83x
EV / EBITDA	11.5x	-3.94x	9.63x	10.5x	7.4x	5.6x
EV / EBIT	24.7x	-3.22x	21.9x	33.9x	17.1x	11.4x
EV / FCF	-6.4x	-25.5x	-4x	-10.7x	-46.8x	94.4x
FCF Yield	-15.6%	-3.93%	-25%	-9.33%	-2.14%	1.06%
Dividend per Share ²	0.6	-	-	-	-	0.1
Rate of return	1.85%	-	-	-	-	0.87%
EPS ²	0.9686	-4.335	1.974	0.0736	0.5119	1.425
Distribution rate	61.9%	-	-	-	-	7.02%
Net sales ¹	23,300	26,531	19,859	17,855	17,614	12,736
EBITDA ¹	3,294	-8,186	3,164	2,806	3,462	4,153
EBIT ¹	1,534	-10,004	1,394	869.6	1,496	2,047
Net income ¹	728.4	-3,260	1,485	55.33	385	1,072
Net Debt ¹	13,374	13,486	15,278	17,141	16,084	14,610
Reference price ²	32.50	24.90	20.20	16.40	12.70	11.50
Nbr of stocks (in thousands)	752,098	752,098	752,098	752,098	752,098	752,098
Announcement Date	2/24/21	2/28/22	2/28/23	2/27/24	2/25/25	2/26/26

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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THAI GROUP HOLDINGS	-	-	-	-	233M
CHINA LIFE INSURANCE COMPANY LIMITED	3.92x	1.34x	-	4.63%	131B
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	6.4x	4.95x	-	5.54%	130B
AIA GROUP LIMITED	12.26x	-	-	2.94%	95.13B
MANULIFE FINANCIAL CORPORATION	15.28x	-	-	3.12%	72.65B
GENERALI	13.39x	1.02x	1.03x	4.34%	71.89B
FUBON FINANCIAL HOLDING CO., LTD.	14.55x	-	-	3.71%	68.99B
METLIFE, INC.	12.77x	-	-	2.34%	63.72B
AFLAC INCORPORATED	16.6x	3.13x	-	2.07%	59.18B
GREAT-WEST LIFECO INC.	17.46x	-	-	2.93%	57.83B
Average	12.51x	2.61x	1.03x	3.51%	75.05B
Weighted average by Cap.	11.19x	2.75x	1.03x	3.79%