Goodwill - Seafresh Industry PCL (SET:CFRESH)

Watchlist Manager

Watchlist

Price: 0.72 THB 2.86% Market Closed

Market Cap: ฿667.5m

Seafresh Industry PCL
Goodwill

Quarterly

Annual

Adjust for Inflation

Balance Sheet

Seafresh Industry PCL
Goodwill Peer Comparison

Company		Goodwill	CAGR 3Y	CAGR 5Y	CAGR 10Y
S	Seafresh Industry PCL SET:CFRESH	Goodwill ฿4.6m	CAGR 3-Years N/A	CAGR 5-Years N/A	CAGR 10-Years N/A
T	Thai Union Group PCL SET:TU	Goodwill ฿13.6B	CAGR 3-Years 1%	CAGR 5-Years 0%	CAGR 10-Years 0%
	Charoen Pokphand Foods PCL SET:CPF	Goodwill ฿57.8B	CAGR 3-Years -7%	CAGR 5-Years -8%	CAGR 10-Years -2%
T	Thai President Foods PCL SET:TFMAMA	Goodwill N/A	CAGR 3-Years N/A	CAGR 5-Years N/A	CAGR 10-Years N/A
T	Thaifoods Group PCL SET:TFG	Goodwill ฿77m	CAGR 3-Years 5%	CAGR 5-Years 5%	CAGR 10-Years N/A
B	Betagro PCL SET:BTG	Goodwill ฿35.6m	CAGR 3-Years -4%	CAGR 5-Years N/A	CAGR 10-Years N/A

Seafresh Industry PCL
Glance View

Market Cap

667.5m THB

Industry

Food Products

Seafresh Industry Public Co., Ltd. engages in the manufacturing, processing, distribution and export of frozen shrimp products under the brand names Seafresh, Sea Angel, GO-GO, Thai Chia, and Phoenix. The company is headquartered in Chumphon, Chumphon. The company produces and distributes frozen shrimp products and other seafood products, such as squid, scallops, salmon and others both domestically and internationally, covering regions around the world, including North America, Europe, Asia, and Oceania. Its value added shrimp includes Breaded, Battered, Tempura, Shrimp roll, Marinaded, Skewered, Marinaded skewered, Patty, and Twister. The company also provides shrimp powder and peeled head shrimp. The company distributes its products under the brand names Seafresh, Sea Angel, GO-GO, Thai Chia, Phoenix, C Angel and Ultra. Its subsidiaries include Seafresh Group (Holdings) Limited, Sea Farms Limited, Blue Earth Foods Limited, Sea Farms, Inc., Prochaete Innovation Limited, Sea Farms Nutrition Limited, and Sea Farms Nutrition, Inc.

View CFRESH Analysis

CFRESH Intrinsic Value

Undervaluation 83%

Intrinsic Value

Price

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

The AI Assistant may sometimes provide inaccurate information.

Make your own investment decisions or consult a licensed financial advisor.

Seafresh Industry PCL
SET:CFRESH

Seafresh Industry PCL
Goodwill

Seafresh Industry PCL
Goodwill Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Seafresh Industry PCL
Glance View

See Also

What is Seafresh Industry PCL's Goodwill?

Goodwill
4.6m THB

What is Seafresh Industry PCL's Goodwill growth rate?

Goodwill CAGR 1Y
0%

Company

Help

Tools

Stocks

52 Week Range	0.66 1.13
Price Target

Seafresh Industry PCL SET:CFRESH

Seafresh Industry PCL Goodwill

Seafresh Industry PCL Goodwill Peer Comparison

Competitors Analysis Latest Figures & CAGR of Competitors

Seafresh Industry PCL Glance View

See Also

What is Seafresh Industry PCL's Goodwill? Goodwill 4.6m THB

What is Seafresh Industry PCL's Goodwill growth rate? Goodwill CAGR 1Y 0%

Company

Help

Tools

Stocks

Seafresh Industry PCL
SET:CFRESH

Seafresh Industry PCL
Goodwill

Seafresh Industry PCL
Goodwill Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Seafresh Industry PCL
Glance View

What is Seafresh Industry PCL's Goodwill?

Goodwill
4.6m THB

What is Seafresh Industry PCL's Goodwill growth rate?

Goodwill CAGR 1Y
0%