Z

Zen Corporation Group PCL
SET:ZEN

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Zen Corporation Group PCL
SET:ZEN
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Price: 5.4 THB 0.93% Market Closed
Market Cap: ฿1.6B

P/B

1.2
Current
24%
Cheaper
vs 3-y average of 1.6

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.2
=
Market Cap
฿1.7B
/
Total Equity
฿1.3B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.2
=
Market Cap
฿1.7B
/
Total Equity
฿1.3B

Valuation Scenarios

Zen Corporation Group PCL is trading below its 3-year average

If P/B returns to its 3-Year Average (1.6), the stock would be worth ฿7.09 (31% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-15%
Maximum Upside
+81%
Average Upside
30%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.2 ฿5.4
0%
3-Year Average 1.6 ฿7.09
+31%
5-Year Average 2.2 ฿9.8
+81%
Industry Average 1.5 ฿6.6
+22%
Country Average 1 ฿4.56
-15%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
TH
Zen Corporation Group PCL
SET:ZEN
1.6B THB 1.2 35.1
US
McDonald's Corp
NYSE:MCD
213.2B USD -119 24.9
US
Starbucks Corp
NASDAQ:SBUX
112.4B USD -13.4 82.1
UK
Compass Group PLC
LSE:CPG
47.7B GBP 0.1 0.3
US
Yum! Brands Inc
NYSE:YUM
44.4B USD -6.1 28.5
US
Chipotle Mexican Grill Inc
NYSE:CMG
44.6B USD 15.8 29.1
CA
Restaurant Brands International Inc
NYSE:QSR
28B USD 7.7 36.1
IN
Eternal Ltd
NSE:ETERNAL
2.4T INR 7.5 1 002.3
US
Darden Restaurants Inc
NYSE:DRI
23.1B USD 11 20.9
CN
Yum China Holdings Inc
NYSE:YUMC
17.3B USD 3.2 18.6

Market Distribution

In line with most companies in Thailand
Percentile
58th
Based on 398 companies
58th percentile
1.2
Low
0.1 — 0.7
Typical Range
0.7 — 1.6
High
1.6 —
Distribution Statistics
Thailand
Min 0.1
30th Percentile 0.7
Median 1
70th Percentile 1.6
Max 30.3

Zen Corporation Group PCL
Glance View

Zen Corporation Group Pubic Co., Ltd. is a holding company, which engaged in restaurant business. The company is headquartered in Bangkok, Bangkok Metropolis. The company went IPO on 2019-02-20. The firm operates restaurants and other related businesses through the operations of its subsidiaries. The firm's subsidiaries include ZEN Restaurant Holding Company Limited (ZRH), AKA Interfood Company Limited (AKF), Gyu Grill Group Company Limited (GGG), Spice Synergy Company Limited (SYN), Tokyo Concept Company Limited (OTT), ZEN and Spicy Company Limited (ZPC) and ZEN Supply Chain Management Company Limited (ZSM), and Zen And Kosum Interfood Company Limited (ZKC). The firm and its subdsidiaries main business includes Restaurant businesses under the Group’s brands, Franchise businesses under the Group’s brands and Other related businesses. The firm operates other related businesses, such as delivery and catering, restaurant management, restaurant consultancy, and food retail business such as ready-to-cook and ready-to-eat products. The company operates Thai and Japanese restaurants in all 13 brands.

ZEN Intrinsic Value
8.9 THB
Undervaluation 39%
Intrinsic Value
Price ฿5.4
Z
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