M

Minor International PCL
SET:MINT

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Minor International PCL
SET:MINT
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Price: 21.6 THB Market Closed
Market Cap: ฿122.5B

EV/FCFF

11.5
Current
1%
Cheaper
vs 3-y average of 11.7

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
11.5
=
Enterprise Value
฿299.2B
/
Free Cash Flow to Firm
฿23.7B

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
11.5
=
Enterprise Value
฿299.2B
/
Free Cash Flow to Firm
฿23.7B

Valuation Scenarios

Minor International PCL is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (11.7), the stock would be worth ฿21.85 (1% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-11%
Maximum Upside
+9%
Average Upside
0%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 11.5 ฿21.6
0%
3-Year Average 11.7 ฿21.85
+1%
5-Year Average 11.8 ฿22.13
+2%
Industry Average 10.3 ฿19.26
-11%
Country Average 12.6 ฿23.59
+9%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
TH
Minor International PCL
SET:MINT
122.5B THB 11.5 16.8
CN
H World Group Ltd
BMV:HTHTN
2.7T MXN 137.7 206.7
US
Booking Holdings Inc
NASDAQ:BKNG
143.7B USD 15.8 26.6
US
Marriott International Inc
NASDAQ:MAR
97.6B USD 42.6 37.5
US
Airbnb Inc
NASDAQ:ABNB
87.3B USD 16 34.8
US
Hilton Worldwide Holdings Inc
NYSE:HLT
77.3B USD 45.7 53.1
US
Royal Caribbean Cruises Ltd
NYSE:RCL
71.9B USD 72.2 16.8
US
Carnival Corp
NYSE:CCL
37.6B USD 20.1 12.2
US
Viking Holdings Ltd
NYSE:VIK
36.5B USD 0 0
UK
Carnival PLC
LSE:CCL
26.3B GBP 21.5 12.4
CN
Trip.com Group Ltd
HKEX:9961
271.8B HKD 9 7.1

Market Distribution

In line with most companies in Thailand
Percentile
46th
Based on 323 companies
46th percentile
11.5
Low
0.2 — 8.8
Typical Range
8.8 — 17.3
High
17.3 —
Distribution Statistics
Thailand
Min 0.2
30th Percentile 8.8
Median 12.6
70th Percentile 17.3
Max 6 871.7

Minor International PCL
Glance View

Minor International PCL has carved its identity in the bustling heart of Southeast Asia's vibrant economic landscape, growing from humble beginnings into a formidable player in the global hospitality and lifestyle sectors. Founded by American-born entrepreneur William Heinecke in 1967, the company began its journey in food and hospitality, gradually expanding its footprint far beyond Thailand's borders. Today, Minor International's operations encompass a comprehensive portfolio that spans across hotels, restaurants, and lifestyle brands, marking its presence in over 60 countries. The conglomerate's backbone is its diverse collection of luxury and upscale properties under well-regarded brands such as Anantara, Avani, and Tivoli, each catering to distinct demographics and enriching the travel experiences of millions annually. The revenue engine of Minor International is powered by these multiple sectors in a finely-tuned symphony. In hospitality, strategic acquisitions and a focus on high-quality service drive consistent occupancy rates and customer loyalty, generating substantial revenues through room bookings and associated services. Meanwhile, the company’s restaurant group is a dining powerhouse in itself, where franchises like The Pizza Company, Swensen's, and Dairy Queen attract a steady flow of patrons across Asia, generating a robust stream of revenue. Furthermore, its lifestyle segment, which encompasses fashion and wellness brands, responds nimbly to evolving consumer trends. This diverse tapestry of business investments coalesces to position Minor International as a resilient entity, adept at navigating market fluctuations while steadily capturing growth opportunities across the globe.

MINT Intrinsic Value
49.1 THB
Undervaluation 56%
Intrinsic Value
Price ฿21.6
M
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