T

Thanapiriya PCL
SET:TNP

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Thanapiriya PCL
SET:TNP
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Price: 2.8 THB 1.45%
Market Cap: 2.2B THB

Relative Value

The Relative Value of one TNP stock under the Base Case scenario is 4.07 THB. Compared to the current market price of 2.8 THB, Thanapiriya PCL is Undervalued by 31%.

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.

TNP Relative Value
Base Case
4.07 THB
Undervaluation 31%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
90
vs Industry
34
Median 3Y
1
Median 5Y
1.2
Industry
0.6
Forward
0.7
vs History
90
vs Industry
42
Median 3Y
16.9
Median 5Y
19
Industry
17.3
Forward
11.6
vs History
88
vs Industry
32
Median 3Y
13.2
Median 5Y
17.2
Industry
8.4
vs History
36
vs Industry
22
Median 3Y
28.4
Median 5Y
33.7
Industry
17.7
vs History
90
vs Industry
34
Median 3Y
2.5
Median 5Y
3
Industry
1.7
vs History
90
vs Industry
38
Median 3Y
1
Median 5Y
1.2
Industry
0.7
Forward
0.7
vs History
90
vs Industry
22
Median 3Y
6
Median 5Y
7
Industry
2.3
vs History
90
vs Industry
38
Median 3Y
10.6
Median 5Y
12.2
Industry
8.5
Forward
7
vs History
90
vs Industry
43
Median 3Y
13.4
Median 5Y
15.2
Industry
12.9
vs History
88
vs Industry
37
Median 3Y
13
Median 5Y
16.6
Industry
9.8
vs History
47
vs Industry
24
Median 3Y
29.1
Median 5Y
31.6
Industry
13.9
vs History
90
vs Industry
22
Median 3Y
2.4
Median 5Y
2.8
Industry
1.1

Multiples Across Competitors

TNP Competitors Multiples
Thanapiriya PCL Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Thanapiriya PCL
SET:TNP
2.2B THB 0.8 11.7 7.3 9.1
ZA
Shoprite Holdings Ltd
JSE:SHP
148.3B Zac 0 0 0 0
CA
Loblaw Companies Ltd
TSX:L
69.5B CAD 1.1 28.3 12.9 19.5
US
Kroger Co
NYSE:KR
48.6B USD 0.3 18.9 8.4 15.4
CA
Alimentation Couche-Tard Inc
TSX:ATD
66B CAD 0.7 18.6 9.9 15.4
UK
Tesco PLC
LSE:TSCO
28.5B GBP 0.4 17.6 7.6 12
NL
Koninklijke Ahold Delhaize NV
AEX:AD
32.5B EUR 0.4 17.5 6.6 15.1
JP
Seven & i Holdings Co Ltd
TSE:3382
5.2T JPY 0.4 25.7 6.9 16.4
IN
Avenue Supermarts Ltd
NSE:DMART
2.8T INR 4.6 104.1 62.2 77
ZA
Pick N Pay Stores Ltd
JSE:PIK
27.9B Zac 0 0 0 0
AU
Woolworths Group Ltd
ASX:WOW
39.4B AUD 0.6 24.2 17.4 17.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
T
Thanapiriya PCL
SET:TNP
Average EV/EBITDA: 15.5
7.3
9%
0.8
ZA
S
Shoprite Holdings Ltd
JSE:SHP
Not Available
10%
N/A
CA
Loblaw Companies Ltd
TSX:L
12.9
6%
2.2
US
Kroger Co
NYSE:KR
8.4
7%
1.2
CA
Alimentation Couche-Tard Inc
TSX:ATD
9.9
6%
1.6
UK
Tesco PLC
LSE:TSCO
7.6
2%
3.8
NL
Koninklijke Ahold Delhaize NV
AEX:AD
6.6
7%
0.9
JP
Seven & i Holdings Co Ltd
TSE:3382
6.9
-2%
N/A
IN
Avenue Supermarts Ltd
NSE:DMART
62.2
20%
3.1
ZA
P
Pick N Pay Stores Ltd
JSE:PIK
Not Available
9%
N/A
AU
Woolworths Group Ltd
ASX:WOW
17.4
60%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
T
Thanapiriya PCL
SET:TNP
Average EV/EBIT: 21.9
9.1
N/A N/A
ZA
S
Shoprite Holdings Ltd
JSE:SHP
Not Available
12%
N/A
CA
Loblaw Companies Ltd
TSX:L
19.5
12%
1.6
US
Kroger Co
NYSE:KR
15.4
10%
1.5
CA
Alimentation Couche-Tard Inc
TSX:ATD
15.4
5%
3.1
UK
Tesco PLC
LSE:TSCO
12
2%
6
NL
Koninklijke Ahold Delhaize NV
AEX:AD
15.1
14%
1.1
JP
Seven & i Holdings Co Ltd
TSE:3382
16.4
N/A N/A
IN
Avenue Supermarts Ltd
NSE:DMART
77
19%
4.1
ZA
P
Pick N Pay Stores Ltd
JSE:PIK
Not Available
35%
N/A
AU
Woolworths Group Ltd
ASX:WOW
17.4
30%
0.6