Sayfa yüklenirken bir hata oluştu.
Teknik ekibimiz bilgilendirildi, ancak sorunun devam etmesi durumunda lütfen e-posta destek widget ile bize ulaşın.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 7,0x - 7,7x | 7,3x |
| Selected Fwd EBITDA Multiple | 7,2x - 7,9x | 7,6x |
| Fair Value | ฿28 - ฿33,87 | ฿30,94 |
| Upside | 10,9% - 34,1% | 22,5% |
| Benchmarks | Ticker | Full Ticker |
| Thai Union Group Public Company Limited | TU | SET:TU |
| Thai Coconut Public Company Limited | COCOCO | SET:COCOCO |
| JBS S.A. | JBSS3 | BOVESPA:JBSS3 |
| Tyson Foods, Inc. | TSN | NYSE:TSN |
| Universal Robina Corporation | URC | PSE:URC |
| Charoen Pokphand Foods Public Company Limited | CPF | SET:CPF |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| TU | COCOCO | JBSS3 | TSN | URC | CPF | ||
| SET:TU | SET:COCOCO | BOVESPA:JBSS3 | NYSE:TSN | PSE:URC | SET:CPF | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 4.2% | 23.1% | 14.2% | -4.4% | 1.7% | 6.4% | |
| 3Y CAGR | -2.9% | 28.0% | -6.6% | -17.5% | 5.3% | 14.8% | |
| Latest Twelve Months | 5.1% | 18.8% | 145.3% | 63.2% | -9.7% | 80.6% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 7.8% | 15.6% | 8.8% | 8.7% | 15.4% | 9.4% | |
| Prior Fiscal Year | 7.4% | 17.2% | 4.0% | 3.9% | 14.9% | 6.1% | |
| Latest Fiscal Year | 7.7% | 14.4% | 8.5% | 5.9% | 13.1% | 11.1% | |
| Latest Twelve Months | 7.7% | 14.4% | 8.5% | 6.3% | 13.1% | 11.1% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 0.70x | 1.64x | 0.49x | 0.55x | 1.01x | 0.75x | |
| EV / LTM EBITDA | 9.1x | 11.4x | 5.7x | 8.6x | 7.7x | 6.8x | |
| EV / LTM EBIT | 13.5x | 14.5x | 8.5x | 14.2x | 9.9x | 11.7x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 5.7x | 8.6x | 11.4x | ||||
| Historical EV / LTM EBITDA | 6.4x | 7.5x | 10.8x | ||||
| Selected EV / LTM EBITDA | 7.0x | 7.3x | 7.7x | ||||
| (x) LTM EBITDA | 64,732 | 64,732 | 64,732 | ||||
| (=) Implied Enterprise Value | 451,555 | 475,321 | 499,087 | ||||
| (-) Non-shareholder Claims * | (228,931) | (228,931) | (228,931) | ||||
| (=) Equity Value | 222,623 | 246,389 | 270,155 | ||||
| (/) Shares Outstanding | 8,243.1 | 8,243.1 | 8,243.1 | ||||
| Implied Value Range | 27.01 | 29.89 | 32.77 | ||||
| FX Rate: THB/THB | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 27.01 | 29.89 | 32.77 | 25.25 | |||
| Upside / (Downside) | 7.0% | 18.4% | 29.8% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | TU | COCOCO | JBSS3 | TSN | URC | CPF | |
| Enterprise Value | 96,785 | 10,851 | 202,117 | 29,331 | 162,189 | 437,069 | |
| (+) Cash & Short Term Investments | 16,464 | 547 | 34,762 | 2,293 | 12,678 | 30,502 | |
| (+) Investments & Other | 9,626 | 0 | 237 | 109 | 293 | 282,647 | |
| (-) Debt | (70,252) | (1,697) | (134,927) | (9,806) | (21,912) | (494,897) | |
| (-) Other Liabilities | (7,678) | 1 | (5,590) | (124) | (1,347) | (47,183) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 44,946 | 9,702 | 96,599 | 21,803 | 151,901 | 208,137 | |
| (/) Shares Outstanding | 4,086.0 | 1,470.0 | 2,218.1 | 356.2 | 2,139.5 | 8,243.1 | |
| Implied Stock Price | 11.00 | 6.60 | 43.55 | 61.21 | 71.00 | 25.25 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 11.00 | 6.60 | 43.55 | 61.21 | 71.00 | 25.25 | |
| Trading Currency | THB | THB | BRL | USD | PHP | THB | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |