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Thai Beverage PCL
SGX:Y92

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Thai Beverage PCL
SGX:Y92
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Price: 0.43 SGD Market Closed
Market Cap: S$10.8B

Gross Margin

31.1%
Current
Improving
by 0.9%
vs 3-y average of 30.1%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
31.1%
=
Gross Profit
฿103.5B
/
Revenue
฿333.3B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
31.1%
=
Gross Profit
S$103.5B
/
Revenue
฿333.3B

Peer Comparison

Country Company Market Cap Gross
Margin
TH
Thai Beverage PCL
SGX:Y92
10.8B SGD
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CN
Kweichow Moutai Co Ltd
SSE:600519
1.8T CNY
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CN
Wuliangye Yibin Co Ltd
SZSE:000858
396.2B CNY
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UK
Diageo PLC
LSE:DGE
32.1B GBP
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ZA
Distell Group Holdings Ltd
JSE:DGH
40.2B ZAR
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US
Constellation Brands Inc
NYSE:STZ
28.8B USD
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CN
Shanxi Xinghuacun Fen Wine Factory Co Ltd
SSE:600809
169.4B CNY
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CN
Luzhou Laojiao Co Ltd
SZSE:000568
150.9B CNY
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FR
Pernod Ricard SA
PAR:RI
16.4B EUR
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CN
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SZSE:002304
75.7B CNY
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IN
United Spirits Ltd
NSE:MCDOWELL-N
922.4B INR
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Market Distribution

In line with most companies in Thailand
Percentile
65th
Based on 889 companies
65th percentile
31.1%
Low
-1 953.8% — 15.7%
Typical Range
15.7% — 34.4%
High
34.4% — 757.3%
Distribution Statistics
Thailand
Min -1 953.8%
30th Percentile 15.7%
Median 23.9%
70th Percentile 34.4%
Max 757.3%

Thai Beverage PCL
Glance View

In the bustling world of the Southeast Asian beverage industry, Thai Beverage Public Company Limited (Thai Bev) stands as a towering figure. Established in 2003, but with roots tracing back to a century-old brewing heritage, the company swiftly cultivated a dynamic portfolio that includes beers, spirits, non-alcoholic beverages, and food. The key to Thai Bev's success lies in its strategic combination of tradition and innovation. Leveraging deep-rooted consumer loyalty to brands such as Chang Beer and SangSom Rum, Thai Bev has sustained a dominant market presence, all while dynamically expanding its offerings. Positioned as one of the largest beverage companies in the region, it maintains a deft balance in its core operations, achieving steady revenue streams through diversified yet synergistic product lines. Thai Bev's financial prowess is a product of its robust operational strategy, which harmonizes local expertise with a broadening international footprint. The company deftly maneuvers through the complexities of both local markets and global ambitions, focusing on producing high-quality products that cater to evolving consumer preferences. Its investments in state-of-the-art facilities and aggressive marketing campaigns have further solidified its market position. With cost-effective production processes and an extensive distribution network spanning local and regional markets, Thai Bev efficiently channels the lion's share of its revenue through domestic sales. This strategy, combined with selective acquisitions and partnerships, has bolstered its competitive edge both at home and abroad, steadily increasing shareholder value and cementing its status as a beverage behemoth.

Y92 Intrinsic Value
LOCKED
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
31.1%
=
Gross Profit
฿103.5B
/
Revenue
฿333.3B
What is Thai Beverage PCL's current Gross Margin?

The current Gross Margin for Thai Beverage PCL is 31.1%, which is above its 3-year median of 30.1%.

How has Gross Margin changed over time?

Over the last 3 years, Thai Beverage PCL’s Gross Margin has increased from 29.1% to 31.1%. During this period, it reached a low of 29.1% on Dec 31, 2022 and a high of 31.1% on Sep 30, 2025.

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