Company Valuation: Thaifoods Group

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,430 29,118 22,197 19,641 25,974 56,399 - -
Change - 6.16% -23.77% -11.52% 32.24% 117.14% - -
Enterprise Value (EV) 1 44,052 49,640 43,576 33,842 40,026 71,147 69,003 65,137
Change - 12.68% -12.22% -22.34% 18.27% 77.75% -3.01% -5.6%
P/E 48.6x 6.13x -27.3x 6.26x 3.54x 7.48x 7.15x 6.28x
PBR 2.37x 1.87x 1.6x 1.2x 1.31x 2.37x 1.99x 1.68x
PEG - 0x 0x -0x 0x 9.42x 1.54x 0.5x
Capitalization / Revenue 0.77x 0.56x 0.4x 0.3x 0.36x 0.69x 0.62x 0.54x
EV / Revenue 1.24x 0.95x 0.78x 0.52x 0.55x 0.87x 0.76x 0.63x
EV / EBITDA 12.1x 5.06x 7.92x 3.51x 2.75x 5.14x 4.64x 3.94x
EV / EBIT 35.9x 7.67x 407x 7.65x 4.24x 7.68x 7.18x 6.2x
EV / FCF -8.66x 230x 55.8x 3.59x 3.98x 8.97x 8.95x 7.11x
FCF Yield -11.5% 0.43% 1.79% 27.8% 25.1% 11.2% 11.2% 14.1%
Dividend per Share 2 0.09 0.3 0.03 0.3 0.7 0.65 0.6533 0.7367
Rate of return 1.85% 5.83% 0.79% 8.88% 15.7% 6.84% 6.88% 7.75%
EPS 2 0.1 0.84 -0.14 0.54 1.26 1.27 1.329 1.513
Distribution rate 90% 35.7% -21.4% 55.6% 55.6% 51.2% 49.2% 48.7%
Net sales 1 35,506 52,323 55,871 65,482 72,810 81,848 91,317 103,704
EBITDA 1 3,652 9,806 5,505 9,632 14,540 13,849 14,864 16,544
EBIT 1 1,226 6,469 107.1 4,425 9,441 9,263 9,609 10,501
Net income 1 561.7 4,722 -812.5 3,144 7,441 7,578 7,957 9,058
Net Debt 1 16,623 20,522 21,378 14,202 14,052 14,747 12,603 8,738
Reference price 2 4.860 5.150 3.820 3.380 4.460 9.500 9.500 9.500
Nbr of stocks (in thousands) 5,643,955 5,654,057 5,810,820 5,810,820 5,823,683 5,936,785 - -
Announcement Date 2/24/22 2/22/23 2/21/24 2/21/25 2/23/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.52x0.87x5.16x6.81% 1.68B
21.75x2.94x14.46x3.77% 258B
19.4x2.49x14.84x3.3% 79.58B
16.55x1.72x9.76x3.79% 44.17B
14.46x0.52x9.3x2.67% 37.69B
19.94x3.05x12.39x3.51% 33.05B
34.98x3.03x17.65x1.06% 30.9B
26.02x5.48x17.46x3.22% 29.65B
-8.48x1.85x9.24x6.67% 28.53B
18x1.72x12.18x4.74% 27.4B
Average 17.01x 2.37x 12.24x 3.95% 57.1B
Weighted average by Cap. 19.64x 2.64x 13.62x 3.64%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Thaifoods Group

Historical PBR trend

Valuation ratios - PBR - Thaifoods Group

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Thaifoods Group

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Thaifoods Group


Year-on-year evolution of the Yield

Valuation ratios - Yield - Thaifoods Group
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