N

NR Instant Produce PCL
SET:NRF

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NR Instant Produce PCL
SET:NRF
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Price: 0.7 THB -2.78%
Market Cap: 992.4m THB

Relative Value

The Relative Value of one NRF stock under the Base Case scenario is 6.02 THB. Compared to the current market price of 0.7 THB, NR Instant Produce PCL is Undervalued by 88%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NRF Relative Value
Base Case
6.02 THB
Undervaluation 88%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
94
vs Industry
87
Median 3Y
2.6
Median 5Y
3.5
Industry
1
vs History
vs Industry
41
Median 3Y
24.7
Median 5Y
33.2
Industry
16.7
vs History
89
vs Industry
69
Median 3Y
41.1
Median 5Y
59.7
Industry
9.9
vs History
vs Industry
Median 3Y
-0.9
Median 5Y
-1.2
Industry
17.3
vs History
94
vs Industry
89
Median 3Y
2.5
Median 5Y
2.7
Industry
1.5
vs History
94
vs Industry
79
Median 3Y
3.4
Median 5Y
4
Industry
1.2
vs History
94
vs Industry
83
Median 3Y
9.1
Median 5Y
9.8
Industry
4.8
vs History
vs Industry
58
Median 3Y
18.7
Median 5Y
21.4
Industry
10.2
vs History
vs Industry
15
Median 3Y
29.1
Median 5Y
33
Industry
13.5
vs History
88
vs Industry
65
Median 3Y
54
Median 5Y
68.1
Industry
10.8
vs History
23
vs Industry
50
Median 3Y
-33.3
Median 5Y
-36.4
Industry
14.9
vs History
94
vs Industry
89
Median 3Y
1.6
Median 5Y
1.8
Industry
1.1

Multiples Across Competitors

NRF Competitors Multiples
NR Instant Produce PCL Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
NR Instant Produce PCL
SET:NRF
992.4m THB 0.3 -5.1 -28.5 -6.2
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8 186 542.5 318 284.3
CH
Nestle SA
SIX:NESN
181.1B CHF 2 17.6 12 14.9
US
Mondelez International Inc
NASDAQ:MDLZ
84.9B USD 2.3 23.6 17.1 22
FR
Danone SA
PAR:BN
45.9B EUR 1.7 22.8 10.9 14.5
ZA
Tiger Brands Ltd
JSE:TBS
47.3B Zac 0 0 0 0
US
Hershey Co
NYSE:HSY
38.7B USD 3.6 23.4 15.3 18.3
CN
Muyuan Foods Co Ltd
SZSE:002714
258.2B CNY 1.7 10.4 10.9 10.9
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
27.6B CHF 5 41.1 23.4 31.1
US
Kraft Heinz Co
NASDAQ:KHC
34.3B USD 1.3 12.9 8.4 9.9
ZA
Avi Ltd
JSE:AVI
31.1B Zac 0 0 0 0
P/E Multiple
Earnings Growth PEG
TH
N
NR Instant Produce PCL
SET:NRF
Average P/E: 67 613.1
Negative Multiple: -5.1
N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
540 752.8
N/A N/A
CH
Nestle SA
SIX:NESN
17.6
7%
2.5
US
Mondelez International Inc
NASDAQ:MDLZ
23.6
1%
23.6
FR
Danone SA
PAR:BN
22.8
13%
1.8
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
13%
N/A
US
Hershey Co
NYSE:HSY
23.4
-11%
N/A
CN
Muyuan Foods Co Ltd
SZSE:002714
10.4
20%
0.5
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
41.1
10%
4.1
US
Kraft Heinz Co
NASDAQ:KHC
12.9
7%
1.8
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
N
NR Instant Produce PCL
SET:NRF
Average EV/EBITDA: 23 330.1
Negative Multiple: -28.5
N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
12
3%
4
US
Mondelez International Inc
NASDAQ:MDLZ
17.1
-1%
N/A
FR
Danone SA
PAR:BN
10.9
5%
2.2
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
12%
N/A
US
Hershey Co
NYSE:HSY
15.3
-8%
N/A
CN
Muyuan Foods Co Ltd
SZSE:002714
10.9
33%
0.3
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.4
8%
2.9
US
Kraft Heinz Co
NASDAQ:KHC
8.4
-1%
N/A
ZA
A
Avi Ltd
JSE:AVI
Not Available
6%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
N
NR Instant Produce PCL
SET:NRF
Average EV/EBIT: 39 800.7
Negative Multiple: -6.2
N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
14.9
2%
7.4
US
Mondelez International Inc
NASDAQ:MDLZ
22
-2%
N/A
FR
Danone SA
PAR:BN
14.5
6%
2.4
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
15%
N/A
US
Hershey Co
NYSE:HSY
18.3
-10%
N/A
CN
Muyuan Foods Co Ltd
SZSE:002714
10.9
18%
0.6
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
31.1
9%
3.5
US
Kraft Heinz Co
NASDAQ:KHC
9.9
-1%
N/A
ZA
A
Avi Ltd
JSE:AVI
Not Available
6%
N/A