Valuation Thai Beverage OTC Markets

Stocks

Market Closed - OTC Markets 06:33:09 19/03/26 am AEDT			5-day change	1st Jan Change
0.3550 ^USD	+1.43%		+4.41%	+1.43%

14/08	ThaiBev's EBITDA Up 7.2% in Nine Months to June	MT
14/08	Thai Beverage logs rise in nine-month profit over lower costs, brand spending	RE

Data adjusted to current consolidation scope

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	407,676	396,474	386,809	338,955	293,980	306,018	-	-
Change	-	-2.75%	-2.44%	-12.37%	-13.27%	4.1%	-	-
Enterprise Value (EV) ¹	592,999	556,888	550,339	525,552	477,513	471,928	458,318	448,220
Change	-	-6.09%	-1.18%	-4.5%	-9.14%	-1.17%	-2.88%	-2.2%
P/E	16.6x	13.2x	14.1x	12.5x	11.6x	11.4x	10.6x	10x
PBR	2.38x	1.93x	1.92x	2.27x	2.08x	2.01x	1.87x	1.73x
PEG	-	0.6x	-1.54x	-13.63x	-1.79x	2x	1.43x	1.74x
Capitalization / Revenue	1.69x	1.46x	1.39x	1x	0.88x	0.91x	0.87x	0.84x
EV / Revenue	2.47x	2.04x	1.97x	1.54x	1.43x	1.4x	1.3x	1.23x
EV / EBITDA	14.3x	12x	12.5x	9.37x	8.82x	8.54x	8.08x	7.62x
EV / EBIT	17.6x	14.4x	15.2x	11.5x	10.9x	10.5x	9.9x	9.22x
EV / FCF	20.7x	13.4x	20.2x	18.1x	14.5x	10.6x	11.1x	11.1x
FCF Yield	4.84%	7.48%	4.96%	5.54%	6.92%	9.41%	9%	9.03%
Dividend per Share ²	0.5	0.6	0.6	0.62	0.62	0.618	0.6315	0.6595
Rate of return	3.08%	3.8%	3.9%	4.6%	5.3%	5.08%	5.19%	5.42%
EPS ²	0.98	1.2	1.09	1.08	1.01	1.067	1.147	1.213
Distribution rate	51%	50%	55%	57.4%	61.4%	57.9%	55.1%	54.4%
Net sales ¹	240,543	272,359	279,085	340,289	333,286	336,893	351,406	365,084
EBITDA ¹	41,613	46,344	43,971	56,074	54,157	55,278	56,739	58,798
EBIT ¹	33,782	38,583	36,229	45,874	43,811	45,102	46,303	48,615
Net income ¹	24,645	30,106	27,434	27,216	25,361	27,113	28,905	30,420
Net Debt ¹	185,323	160,414	163,530	186,597	183,534	165,910	152,300	142,202
Reference price ²	16.23	15.78	15.40	13.49	11.70	12.18	12.18	12.18
Nbr of stocks (in thousands)	25,118,755	25,120,888	25,124,754	25,127,675	25,130,487	25,131,686	-	-
Announcement Date	26/11/21	25/11/22	22/11/23	21/11/24	25/11/25	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
DIAGEO PLC	15.49x	3.74x	11.54x	2.24%	53.14B
PERNOD RICARD	12.59x	2.92x	9.71x	6.75%	20.15B
BROWN-FORMAN CORPORATION	16.99x	3.79x	13.02x	3.35%	13.12B
THAI BEVERAGE	11.41x	1.4x	8.54x	5.08%	9.24B
RADICO KHAITAN LIMITED	69.37x	8.97x	45.02x	0.22%	6.51B
EMPERADOR INC.	39.26x	4.56x	24.55x	0.68%	3.87B
RÉMY COINTREAU	27.67x	3.3x	14.69x	1.82%	2.9B
ALLIED BLENDERS AND DISTILLERS LIMITED	53.21x	3.96x	28.21x	0.95%	1.75B
Average	30.75x	4.08x	19.41x	2.64%	13.84B
Weighted average by Cap.	19.71x	3.73x	13.90x	3.23%