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Tropical Canning Thailand PCL
SET:TC

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Tropical Canning Thailand PCL
SET:TC
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Price: 5.4 THB -0.92% Market Closed
Market Cap: ฿1.8B

P/B

0.6
Current
23%
Cheaper
vs 3-y average of 0.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.6
=
Market Cap
฿1.8B
/
Total Equity
฿2.8B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.6
=
Market Cap
฿1.8B
/
Total Equity
฿2.8B

Valuation Scenarios

Tropical Canning Thailand PCL is trading below its 3-year average

If P/B returns to its 3-Year Average (0.8), the stock would be worth ฿6.98 (29% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+123%
Average Upside
62%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.6 ฿5.4
0%
3-Year Average 0.8 ฿6.98
+29%
5-Year Average 0.9 ฿7.36
+36%
Industry Average 1.4 ฿12.07
+123%
Country Average 1 ฿8.54
+58%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
TH
Tropical Canning Thailand PCL
SET:TC
1.8B THB 0.6 8.6
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 77 420.4 540 752.8
CH
Nestle SA
SIX:NESN
205.8B CHF 6.4 23.2
US
Mondelez International Inc
NASDAQ:MDLZ
73.8B USD 2.9 30.1
FR
Danone SA
PAR:BN
43.3B EUR 2.6 23.8
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 2.9 12.8
US
Hershey Co
NYSE:HSY
38.8B USD 8.4 44
CN
Muyuan Foods Co Ltd
SZSE:002714
237.6B CNY 3.1 24.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
231.2B CNY 5.6 32.8
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 5.9 12.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.8B CHF 4.8 32.4

Market Distribution

Lower than 73% of companies in Thailand
Percentile
27th
Based on 398 companies
27th percentile
0.6
Low
0.1 — 0.7
Typical Range
0.7 — 1.6
High
1.6 —
Distribution Statistics
Thailand
Min 0.1
30th Percentile 0.7
Median 1
70th Percentile 1.6
Max 30.3

Tropical Canning Thailand PCL
Glance View

Market Cap
1.8B THB
Industry
Food Products

Tropical Canning (Thailand) Public Co. Ltd. engages in the manufacturing and distribution of canned and pouched seafood products. The company is headquartered in Hat Yai, Songkhla. The firm's main products include canned and pouched tuna products, canned and pouched petfood, and canned and pouched seafood. The firm's product groups are divided into four main groups, such as the regular tuna products, canned shellfish products, ready-to-serve products, and pet food group. The regular tuna products range includes tuna in mineral water, tuna in brine, tuna in oil, salmon in mineral water, and salmon in brine salmon in oil. Its canned shellfish products have its main product, clams in brine and crab meat in brine. Its ready-to-serve products include sardines in tomato sauce, mackerel in tomato sauce, ready-to-eat processed tuna, and ready-to-eat processed salmon. Its pet food group include pet food from sardine raw materials, pet food, tuna ingredients, and pet food from animal offal.

TC Intrinsic Value
13.99 THB
Undervaluation 61%
Intrinsic Value
Price ฿5.4
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