Fraser and Neave Ltd
OTC:FNEVF

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Fraser and Neave Ltd
OTC:FNEVF
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Price: 1.02 USD 4.83%
Market Cap: $1.5B

EV/OCF

11
Current
1%
Cheaper
vs 3-y average of 11.1

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
11
=
Enterprise Value
$2.6B
/
Operating Cash Flow
S$231.2m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
11
=
Enterprise Value
$2.6B
/
Operating Cash Flow
S$231.2m

Valuation Scenarios

Fraser and Neave Ltd is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (11.1), the stock would be worth $1.03 (1% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-20%
Maximum Upside
+4%
Average Downside
4%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 11 $1.02
0%
3-Year Average 11.1 $1.03
+1%
5-Year Average 11.1 $1.03
+1%
Industry Average 8.8 $0.82
-20%
Country Average 11.4 $1.06
+4%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
SG
Fraser and Neave Ltd
OTC:FNEVF
2.1B USD 11 15.1
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 324 870.4 540 752.8
CH
Nestle SA
SIX:NESN
205.8B CHF 15.7 23.2
US
Mondelez International Inc
NASDAQ:MDLZ
74B USD 20.3 30.2
FR
Danone SA
PAR:BN
43.6B EUR 13 23.8
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 19.4 12.8
US
Hershey Co
NYSE:HSY
39B USD 18.9 44.1
CN
Muyuan Foods Co Ltd
SZSE:002714
237.6B CNY 13.3 24.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
231.2B CNY 25.4 32.8
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 10.7 12.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.8B CHF 47.2 32.4

Market Distribution

In line with most companies in Singapore
Percentile
32st
Based on 497 companies
32st percentile
7.8
Low
0 — 7.6
Typical Range
7.6 — 20.2
High
20.2 —
Distribution Statistics
Singapore
Min 0
30th Percentile 7.6
Median 11.4
70th Percentile 20.2
Max 6 440.7

Fraser and Neave Ltd
Glance View

Fraser and Neave Ltd, often recognized simply as F&N, traces its origins back to the spirited entrepreneurial endeavors of John Fraser and David Chalmers Neave in the 19th century. Started in 1883 as a humble soda water manufacturing business in Singapore, F&N has masterfully navigated the evolving tides of consumer preferences and market dynamics to transform itself into a multifaceted conglomerate. Throughout its storied history, F&N has entrenched itself in the realms of food and beverage, incorporating an expansive portfolio of products ranging from beloved soft drinks to innovative dairy and ice cream solutions that resonate with diverse consumer palates across Asia. With strategic expansions and shrewd acquisitions, F&N has leveraged its deep-rooted brand reputation and established distribution networks to secure a robust footing in various competitive consumer markets. Today, F&N thrives primarily through its core divisions: Food & Beverage and Publishing & Printing. The food and beverage arm remains the heartbeat of the company, where it utilizes streamlined manufacturing processes, extensive market research, and agile marketing strategies to maintain and grow its market share across Southeast Asia and beyond. By forming strategic partnerships and collaborations, F&N remains adept at enhancing its product portfolio while ensuring sustainable revenue streams. On the other hand, although the publishing and printing division complements its broader business spectrum, the focus remains pivoted on maximizing efficiency and modernizing content delivery. Through this diversified business approach, F&N adeptly balances innovation with tradition, creating lasting value and securing its position as a stalwart in the Asian market landscape.

FNEVF Intrinsic Value
1.47 USD
Undervaluation 30%
Intrinsic Value
Price $1.02
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