Valuation Thaitheparos OTC Markets

Stocks

Real-time OTC Markets			5-day change	1st Jan Change
- ^USD	-.--%		-.--%	-

08-13	Thaitheparos Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-14	Thaitheparos posts for Q1/2026, net profit of 209.77 million baht	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	9,090	11,520	10,440	13,950	13,680	13,950
Change	-	26.73%	-9.38%	33.62%	-1.94%	1.97%
Enterprise Value (EV) ¹	8,143	10,431	9,469	12,685	12,266	12,506
Change	-	28.1%	-9.22%	33.97%	-3.31%	1.96%
P/E	16.7x	18.6x	16.5x	18.9x	18.4x	17.7x
PBR	3.45x	4.11x	3.65x	4.61x	4.34x	4.24x
PEG	-	1.3x	7.77x	1.1x	32.08x	2.93x
Capitalization / Revenue	3.08x	3.68x	3.17x	3.93x	3.84x	3.92x
EV / Revenue	2.76x	3.33x	2.87x	3.58x	3.44x	3.52x
EV / EBITDA	10.4x	11.9x	10.7x	12.5x	12x	11.6x
EV / EBIT	12.2x	13.7x	12.2x	14x	13.3x	12.8x
EV / FCF	17.3x	23.6x	32.2x	17.9x	21.1x	25.1x
FCF Yield	5.78%	4.24%	3.1%	5.6%	4.74%	3.99%
Dividend per Share ²	1.25	1.6	1.65	1.72	1.79	1.81
Rate of return	4.95%	5%	5.69%	4.44%	4.71%	4.67%
EPS ²	1.509	1.719	1.756	2.054	2.066	2.191
Distribution rate	82.8%	93.1%	94%	83.7%	86.6%	82.6%
Net sales ¹	2,954	3,128	3,298	3,546	3,564	3,556
EBITDA ¹	780.1	873.9	887.4	1,012	1,023	1,079
EBIT ¹	665.8	760.3	778.8	907.1	923	978.8
Net income ¹	543.4	618.9	632.1	739.6	743.8	788.8
Net Debt ¹	-946.8	-1,089	-971.1	-1,265	-1,414	-1,444
Reference price ²	25.25	32.00	29.00	38.75	38.00	38.75
Nbr of stocks (in thousands)	360,000	360,000	360,000	360,000	360,000	360,000
Announcement Date	2/23/21	2/24/22	2/27/23	2/23/24	2/26/25	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.($)
FOSHAN HAITIAN FLAVOURING AND FOOD COMPANY LTD.	25.57x	5.37x	17.12x	3.28%	29.03B
INTERNATIONAL FLAVORS & FRAGRANCES INC.	48.51x	3.58x	17.17x	1.91%	21.45B
KIKKOMAN CORPORATION	23.57x	1.83x	12.88x	1.55%	10.12B
ANGEL YEAST CO., LTD	19.67x	2.05x	11.93x	1.52%	5.3B
KEWPIE CORPORATION	24.08x	1.08x	9.97x	1.42%	4.05B
TATE & LYLE PLC	18.68x	1.66x	8.27x	3.65%	3.33B
MEIHUA HOLDINGS GROUP CO.,LTD	12.59x	0.75x	5.77x	3.3%	3.22B
THE MARZETTI COMPANY	15.3x	-	-	4.09%	2.77B
Average	23.50x	2.33x	11.87x	2.59%	9.91B
Weighted average by Cap.	29.87x	3.59x	14.97x	2.52%