T

Thai Union Feedmill PCL
SET:TFM

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Thai Union Feedmill PCL
SET:TFM
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Price: 4.62 THB Market Closed
Market Cap: 4.6B THB

Relative Value

The Relative Value of one TFM stock under the Base Case scenario is 4.87 THB. Compared to the current market price of 4.62 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
4.87 THB
Undervaluation 5%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
2
vs Industry
46
Median 3Y
0.4
Median 5Y
0.5
Industry
0.9
Forward
0.9
vs History
73
vs Industry
48
Median 3Y
15.8
Median 5Y
15.1
Industry
16.1
Forward
8.8
vs History
54
vs Industry
49
Median 3Y
6.6
Median 5Y
6.9
Industry
9.4
vs History
2
vs Industry
49
Median 3Y
-2.7
Median 5Y
-2.8
Industry
16.8
vs History
6
vs Industry
34
Median 3Y
0.9
Median 5Y
1
Industry
1.4
vs History
6
vs Industry
58
Median 3Y
0.4
Median 5Y
0.4
Industry
1.1
Forward
0.7
vs History
58
vs Industry
45
Median 3Y
3.8
Median 5Y
3.8
Industry
4.6
vs History
60
vs Industry
50
Median 3Y
5.7
Median 5Y
5.7
Industry
9.9
Forward
5.1
vs History
73
vs Industry
47
Median 3Y
14.1
Median 5Y
13.9
Industry
13.1
Forward
6.3
vs History
58
vs Industry
58
Median 3Y
5.5
Median 5Y
5.9
Industry
10.5
vs History
21
vs Industry
48
Median 3Y
4.2
Median 5Y
3.5
Industry
14.4
vs History
8
vs Industry
24
Median 3Y
0.8
Median 5Y
0.8
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
4.6B THB 0.9 8.2 5.1 6.4
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
204B CHF 2.2 18.7 12.9 15.9
US
Mondelez International Inc
NASDAQ:MDLZ
87.8B USD 2.4 24.4 17.6 22.6
FR
Danone SA
PAR:BN
44.8B EUR 1.6 22.2 10.7 14.2
ZA
Tiger Brands Ltd
JSE:TBS
50B Zac 0 0 0 0
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
30.4B CHF 5.6 45.2 25.8 34.2
US
Hershey Co
NYSE:HSY
33.8B USD 3.1 20.5 13.5 16.2
CN
Muyuan Foods Co Ltd
SZSE:002714
227.6B CNY 1.5 9.2 9.9 9.9
US
Kraft Heinz Co
NASDAQ:KHC
30.5B USD 1.2 11.5 7.8 9.2
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
214.9B CNY 7.8 32.4 26.2 26.2