T

Thai Vegetable Oil PCL
SET:TVO

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Thai Vegetable Oil PCL
SET:TVO
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Price: 23.1 THB -0.43% Market Closed
Market Cap: 20.5B THB

Relative Value

The Relative Value of one TVO stock under the Base Case scenario is 28.16 THB. Compared to the current market price of 23.1 THB, Thai Vegetable Oil PCL is Undervalued by 18%.

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.

TVO Relative Value
Base Case
28.16 THB
Undervaluation 18%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
56
Median 3Y
0.6
Median 5Y
0.7
Industry
0.9
Forward
0.6
vs History
73
vs Industry
52
Median 3Y
13.4
Median 5Y
11.8
Industry
16
Forward
10.8
vs History
85
vs Industry
57
Median 3Y
10.8
Median 5Y
11.7
Industry
9.6
vs History
85
vs Industry
50
Median 3Y
32.3
Median 5Y
30
Industry
17
vs History
71
vs Industry
34
Median 3Y
2.1
Median 5Y
2.2
Industry
1.4
vs History
73
vs Industry
67
Median 3Y
0.6
Median 5Y
0.6
Industry
1.1
Forward
0.5
vs History
87
vs Industry
40
Median 3Y
8.9
Median 5Y
7.9
Industry
4.6
vs History
87
vs Industry
53
Median 3Y
10.1
Median 5Y
8.8
Industry
9.9
Forward
6.5
vs History
88
vs Industry
56
Median 3Y
11.8
Median 5Y
10.2
Industry
12.9
Forward
7
vs History
85
vs Industry
63
Median 3Y
10.8
Median 5Y
11
Industry
10.8
vs History
66
vs Industry
49
Median 3Y
7.6
Median 5Y
10.9
Industry
15
vs History
52
vs Industry
24
Median 3Y
1.8
Median 5Y
1.9
Industry
1.1

Multiples Across Competitors

TVO Competitors Multiples
Thai Vegetable Oil PCL Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Thai Vegetable Oil PCL
SET:TVO
20.5B THB 0.7 9.8 6.3 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
226.8B CHF 2.5 20.8 14.1 17.3
US
Mondelez International Inc
NASDAQ:MDLZ
88.5B USD 2.4 19.2 12.9 15.4
FR
Danone SA
PAR:BN
48.4B EUR 1.8 24 11.4 15.2
ZA
Tiger Brands Ltd
JSE:TBS
46.1B Zac 0 0 0 0
US
Hershey Co
NYSE:HSY
34.2B USD 3.2 20.7 13.7 16.4
US
Kraft Heinz Co
NASDAQ:KHC
33.7B USD 1.3 12.7 8.3 9.8
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
27.3B CHF 5 40.7 23.2 30.8
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
239.6B CNY 8.7 36.2 29.7 29.7
ZA
Avi Ltd
JSE:AVI
30.8B Zac 0 0 0 0
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
T
Thai Vegetable Oil PCL
SET:TVO
Average EV/EBITDA: 20 740.2
6.3
N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
14.1
4%
3.5
US
Mondelez International Inc
NASDAQ:MDLZ
12.9
-1%
N/A
FR
Danone SA
PAR:BN
11.4
5%
2.3
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
23%
N/A
US
Hershey Co
NYSE:HSY
13.7
-8%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
8.3
0%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.2
8%
2.9
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
29.7
17%
1.7
ZA
A
Avi Ltd
JSE:AVI
Not Available
6%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
T
Thai Vegetable Oil PCL
SET:TVO
Average EV/EBIT: 35 380.7
7
2%
3.5
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
17.3
2%
8.7
US
Mondelez International Inc
NASDAQ:MDLZ
15.4
-2%
N/A
FR
Danone SA
PAR:BN
15.2
6%
2.5
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
15%
N/A
US
Hershey Co
NYSE:HSY
16.4
-10%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
9.8
-1%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
30.8
9%
3.4
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
29.7
13%
2.3
ZA
A
Avi Ltd
JSE:AVI
Not Available
6%
N/A