T

Thai Union Feedmill PCL
SET:TFM

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Thai Union Feedmill PCL
SET:TFM
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Price: 5.85 THB
Market Cap: 5.9B THB

Relative Value

The Relative Value of one TFM stock under the Base Case scenario is 6.15 THB. Compared to the current market price of 5.85 THB, Thai Union Feedmill PCL is Undervalued by 5%.

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
6.15 THB
Undervaluation 5%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
26
vs Industry
46
Median 3Y
0.8
Median 5Y
0.8
Industry
1
Forward
1
vs History
80
vs Industry
48
Median 3Y
14.5
Median 5Y
27.5
Industry
16.1
Forward
8.8
vs History
71
vs Industry
49
Median 3Y
8
Median 5Y
12.4
Industry
9.9
vs History
7
vs Industry
49
Median 3Y
6.3
Median 5Y
5.3
Industry
16.7
vs History
11
vs Industry
34
Median 3Y
1.7
Median 5Y
1.8
Industry
1.5
vs History
25
vs Industry
58
Median 3Y
0.7
Median 5Y
0.7
Industry
1.1
Forward
0.9
vs History
71
vs Industry
45
Median 3Y
4.9
Median 5Y
6.2
Industry
4.8
vs History
76
vs Industry
50
Median 3Y
7.3
Median 5Y
10.3
Industry
9.9
Forward
5.7
vs History
80
vs Industry
47
Median 3Y
12.5
Median 5Y
27.5
Industry
13.1
Forward
6.8
vs History
69
vs Industry
58
Median 3Y
6.8
Median 5Y
11.2
Industry
11.3
vs History
23
vs Industry
48
Median 3Y
7
Median 5Y
7
Industry
15.6
vs History
9
vs Industry
24
Median 3Y
1.6
Median 5Y
1.6
Industry
1.1

Multiples Across Competitors

TFM Competitors Multiples
Thai Union Feedmill PCL Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Thai Union Feedmill PCL
SET:TFM
5.9B THB 1 8.4 5.6 6.7
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 19.2 12.8 15.9
US
Mondelez International Inc
NASDAQ:MDLZ
69.4B USD 1.8 19.7 15.4 20.1
FR
Danone SA
PAR:BN
48.8B EUR 1.8 26.6 11.5 15.5
ZA
Tiger Brands Ltd
JSE:TBS
55.8B Zac 0 0 0 0
US
Hershey Co
NYSE:HSY
36.8B USD 3.2 27.1 16.4 20.4
CN
Muyuan Foods Co Ltd
SZSE:002714
258.6B CNY 1.7 11.7 12 12
ZA
Avi Ltd
JSE:AVI
33.8B Zac 0 0 0 0
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
26.4B CHF 4.7 41.1 23.9 32.6
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
212.7B CNY 7.6 31 28.3 28.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
T
Thai Union Feedmill PCL
SET:TFM
Average EV/EBITDA: 20 740.9
5.6
7%
0.8
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
15.4
-2%
N/A
FR
Danone SA
PAR:BN
11.5
5%
2.3
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
11%
N/A
US
Hershey Co
NYSE:HSY
16.4
-5%
N/A
CN
Muyuan Foods Co Ltd
SZSE:002714
12
31%
0.4
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.9
8%
3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
28.3
16%
1.8