T

Thai Union Feedmill PCL
SET:TFM

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Thai Union Feedmill PCL
SET:TFM
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Price: 4.86 THB -0.82% Market Closed
Market Cap: 4.9B THB

Relative Value

The Relative Value of one TFM stock under the Base Case scenario is 5.07 THB. Compared to the current market price of 4.86 THB, Thai Union Feedmill PCL is Undervalued by 4%.

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.

TFM Relative Value
Base Case
5.07 THB
Undervaluation 4%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
46
Median 3Y
0.4
Median 5Y
0.5
Industry
1
Forward
0.9
vs History
70
vs Industry
48
Median 3Y
15.5
Median 5Y
14.8
Industry
16.5
Forward
9.3
vs History
46
vs Industry
49
Median 3Y
6.6
Median 5Y
6.9
Industry
9.7
vs History
0
vs Industry
49
Median 3Y
3.6
Median 5Y
-2.7
Industry
17.1
vs History
4
vs Industry
34
Median 3Y
0.9
Median 5Y
1
Industry
1.5
vs History
4
vs Industry
58
Median 3Y
0.4
Median 5Y
0.4
Industry
1.1
Forward
0.8
vs History
51
vs Industry
45
Median 3Y
3.8
Median 5Y
3.8
Industry
4.7
vs History
57
vs Industry
50
Median 3Y
5.6
Median 5Y
5.7
Industry
10.2
Forward
5.4
vs History
68
vs Industry
47
Median 3Y
13.9
Median 5Y
13.9
Industry
13.4
Forward
6.7
vs History
48
vs Industry
58
Median 3Y
5.5
Median 5Y
5.8
Industry
10.8
vs History
19
vs Industry
48
Median 3Y
4.2
Median 5Y
3.5
Industry
14.8
vs History
4
vs Industry
24
Median 3Y
0.8
Median 5Y
0.9
Industry
1.1

Multiples Across Competitors

TFM Competitors Multiples
Thai Union Feedmill PCL Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Thai Union Feedmill PCL
SET:TFM
4.9B THB 0.9 8.6 5.4 6.8
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
198.9B CHF 2.2 18.3 12.6 15.5
US
Mondelez International Inc
NASDAQ:MDLZ
87.6B USD 2.4 24.3 17.6 22.5
FR
Danone SA
PAR:BN
43.9B EUR 1.6 21.8 10.5 13.9
ZA
Tiger Brands Ltd
JSE:TBS
46.1B Zac 0 0 0 0
MY
Ocb Bhd
KLSE:OCB
179.2B MYR 544.9 42 206.1 7 311.9 9 657.6
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
30.1B CHF 5.5 44.8 25.5 33.8
CN
Muyuan Foods Co Ltd
SZSE:002714
246.5B CNY 1.7 10 10.5 10.5
US
Hershey Co
NYSE:HSY
33.4B USD 3.1 20.3 13.4 16
US
Kraft Heinz Co
NASDAQ:KHC
33.1B USD 1.3 12.5 8.2 9.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
T
Thai Union Feedmill PCL
SET:TFM
Average EV/EBITDA: 19 395.8
5.4
5%
1.1
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
12.6
3%
4.2
US
Mondelez International Inc
NASDAQ:MDLZ
17.6
-1%
N/A
FR
Danone SA
PAR:BN
10.5
5%
2.1
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
12%
N/A
MY
O
Ocb Bhd
KLSE:OCB
7 311.9
N/A N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
25.5
8%
3.2
CN
Muyuan Foods Co Ltd
SZSE:002714
10.5
33%
0.3
US
Hershey Co
NYSE:HSY
13.4
-8%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
8.2
-1%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
T
Thai Union Feedmill PCL
SET:TFM
Average EV/EBIT: 32 807.1
6.8
7%
1
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
15.5
2%
7.8
US
Mondelez International Inc
NASDAQ:MDLZ
22.5
-2%
N/A
FR
Danone SA
PAR:BN
13.9
6%
2.3
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
15%
N/A
MY
O
Ocb Bhd
KLSE:OCB
9 657.6
N/A N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
33.8
9%
3.8
CN
Muyuan Foods Co Ltd
SZSE:002714
10.5
18%
0.6
US
Hershey Co
NYSE:HSY
16
-10%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
9.7
-1%
N/A