R

Royal Plus PCL
SET:PLUS

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Royal Plus PCL
SET:PLUS
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Price: 1.18 THB 0.85% Market Closed
Market Cap: 790.6m THB
Section:
 

Relative Value

The Relative Value of one PLUS stock under the Base Case scenario is 2.93 THB. Compared to the current market price of 1.18 THB, Royal Plus PCL is Undervalued by 60%.

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.

PLUS Relative Value
Base Case
2.93 THB
Undervaluation 60%
Relative Value
Price
R
Worst Case
Base Case
Best Case

Valuation Multiples

0.6
P/S
P/S
Price to Sales
0.6
vs History
95
vs Industry
22
Median 3Y
3.2
Median 5Y
3.1
Industry
1
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
12
Median 3Y
27
Median 5Y
26.1
Industry
16
More Details
4.1
P/OCF
P/OCF
Price to OCF
4.1
vs History
75
vs Industry
14
Median 3Y
23.5
Median 5Y
22.8
Industry
9.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
4
Median 3Y
-22.5
Median 5Y
-16.7
Industry
17.1
More Details
0.6
P/B
P/B
Price to Book Value
0.6
vs History
95
vs Industry
33
Median 3Y
3.2
Median 5Y
3.4
Industry
1.5
More Details
0.6
EV/S
EV/S
Enterprise Value to Sales
0.6
vs History
95
vs Industry
24
Median 3Y
2.9
Median 5Y
2.9
Industry
1.1
More Details
4.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
4.7
vs History
93
vs Industry
23
Median 3Y
11.3
Median 5Y
11.2
Industry
4.7
More Details
9.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
9.9
vs History
88
vs Industry
20
Median 3Y
18
Median 5Y
17.2
Industry
10
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
17
Median 3Y
22.3
Median 5Y
21
Industry
13.2
More Details
4.5
EV/OCF
EV/OCF
Enterprise Value to OCF
4.5
vs History
75
vs Industry
17
Median 3Y
21.6
Median 5Y
20.7
Industry
11.4
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
4
Median 3Y
-13.3
Median 5Y
-9.8
Industry
16.1
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
95
vs Industry
25
Median 3Y
3.4
Median 5Y
3.6
Industry
1.1
More Details

Multiples Across Competitors

PLUS Competitors Multiples
Royal Plus PCL Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Royal Plus PCL
SET:PLUS
790.6m THB 0.6 -26.2 9.9 -21.2
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
196.9B CHF 2.2 19.1 12.8 15.9
US
Mondelez International Inc
NASDAQ:MDLZ
70.5B USD 1.9 20 15.6 20.4
FR
Danone SA
PAR:BN
49.5B EUR 1.8 26.9 11.6 15.6
ZA
Tiger Brands Ltd
JSE:TBS
57.3B Zac 0 0 0 0
CN
Muyuan Foods Co Ltd
SZSE:002714
261.9B CNY 1.7 11.8 12.1 12.1
US
Hershey Co
NYSE:HSY
37.4B USD 3.3 27.5 16.6 20.7
ZA
Avi Ltd
JSE:AVI
34.4B Zac 0 0 0 0
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
26.8B CHF 4.7 41.7 24.3 33.1
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
219B CNY 7.8 32 29.1 29.1
P/E Multiple
Earnings Growth PEG
TH
R
Royal Plus PCL
SET:PLUS
Average P/E: 67 616.5
Negative Multiple: -26.2 		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
19.1
5%
3.8
US
Mondelez International Inc
NASDAQ:MDLZ
20
-1%
N/A
FR
Danone SA
PAR:BN
26.9
13%
2.1
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
5%
N/A
CN
Muyuan Foods Co Ltd
SZSE:002714
11.8
25%
0.5
US
Hershey Co
NYSE:HSY
27.5
-9%
N/A
ZA
A
Avi Ltd
JSE:AVI
Not Available
9%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
41.7
9%
4.6
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
32
9%
3.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
R
Royal Plus PCL
SET:PLUS
Average EV/EBITDA: 20 741.6
9.9
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
12.8
1%
12.8
US
Mondelez International Inc
NASDAQ:MDLZ
15.6
-2%
N/A
FR
Danone SA
PAR:BN
11.6
5%
2.3
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
11%
N/A
CN
Muyuan Foods Co Ltd
SZSE:002714
12.1
31%
0.4
US
Hershey Co
NYSE:HSY
16.6
-4%
N/A
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
24.3
8%
3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
29.1
16%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
R
Royal Plus PCL
SET:PLUS
Average EV/EBIT: 39 803.9
Negative Multiple: -21.2 		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
15.9
0%
N/A
US
Mondelez International Inc
NASDAQ:MDLZ
20.4
-3%
N/A
FR
Danone SA
PAR:BN
15.6
6%
2.6
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
12%
N/A
CN
Muyuan Foods Co Ltd
SZSE:002714
12.1
20%
0.6
US
Hershey Co
NYSE:HSY
20.7
-6%
N/A
ZA
A
Avi Ltd
JSE:AVI
Not Available
8%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
33.1
8%
4.1
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
29.1
11%
2.6

See Also

Summary
PLUS intrinsic value, competitors valuation, and company profile.
DCF Valuation
PLUS stock valuation using Discount Cash Flow valuation method.
Relative Valuation
PLUS stock valuation using valuation multiples.
Wall Street Estimates
PLUS price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
PLUS stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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