Valuation Thai Beverage

Stocks

Market Closed - Singapore S.E. Other stock markets 13:15:20 30/07/2026 +04			5-day change	1st Jan Change
0.4600 ^SGD	0.00%		+1.10%	-

07-21	Bank of America Working With Thai Beverage Over Potential Sale of Latter's KFC Franchise in Thailand	MT
07-17	Bank of America Working With Thai Beverage Over Potential Sale of Latter's KFC Franchise in Thailand	MT

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	302,551	-	-
Change	-	-2.75%	-2.44%	-12.37%	-13.27%	2.92%	-	-
Enterprise Value (EV) ¹	592,999	556,888	550,339	525,552	477,513	468,556	454,975	444,941
Change	-	-6.09%	-1.18%	-4.5%	-9.14%	-1.88%	-2.9%	-2.21%
P/E	16.6x	13.2x	14.1x	12.5x	11.6x	11.3x	10.5x	9.94x
PBR	2.38x	1.93x	1.92x	2.27x	2.08x	1.99x	1.84x	1.72x
PEG	-	0.6x	-1.54x	-13.63x	-1.79x	2.06x	1.39x	1.76x
Capitalization / Revenue	1.69x	1.46x	1.39x	1x	0.88x	0.9x	0.86x	0.83x
EV / Revenue	2.47x	2.04x	1.97x	1.54x	1.43x	1.39x	1.29x	1.22x
EV / EBITDA	14.3x	12x	12.5x	9.37x	8.82x	8.49x	8.02x	7.57x
EV / EBIT	17.6x	14.4x	15.2x	11.5x	10.9x	10.4x	9.83x	9.16x
EV / FCF	20.7x	13.4x	20.2x	18.1x	14.5x	10.5x	11x	11x
FCF Yield	4.84%	7.48%	4.96%	5.54%	6.92%	9.48%	9.06%	9.1%
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%	5.13%	5.25%	5.48%
EPS ²	0.98	1.2	1.09	1.08	1.01	1.065	1.146	1.211
Distribution rate	51%	50%	55%	57.4%	61.4%	58%	55.1%	54.5%
Net sales ¹	240,543	272,359	279,085	340,289	333,286	337,115	351,695	365,387
EBITDA ¹	41,613	46,344	43,971	56,074	54,157	55,188	56,727	58,767
EBIT ¹	33,782	38,583	36,229	45,874	43,811	45,012	46,290	48,581
Net income ¹	24,645	30,106	27,434	27,216	25,361	27,067	28,882	30,364
Net Debt ¹	185,323	160,414	163,530	186,597	183,534	166,005	152,424	142,389
Reference price ²	16.23	15.78	15.40	13.49	11.70	12.04	12.04	12.04
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.($)
THAI BEVERAGE	11.21x	1.38x	8.45x	5.17%	8.94B
DIAGEO PLC	14.36x	3.54x	10.93x	2.42%	49.28B
PERNOD RICARD	12.43x	2.89x	9.63x	6.83%	19.56B
BROWN-FORMAN CORPORATION	17.6x	3.93x	13.48x	3.22%	13.6B
RADICO KHAITAN LIMITED	67.48x	8.43x	42.83x	0.24%	6.12B
EMPERADOR INC.	40.61x	4.7x	25.3x	0.66%	4B
RÉMY COINTREAU	28.46x	3.37x	15.04x	1.86%	2.92B
FEVERTREE DRINKS PLC	31.3x	2.22x	17.85x	2.17%	1.28B
KUAIJISHAN SHAOXING RICE WINE CO., LTD.	23.5x	-	-	3.66%	1.05B
Average	27.44x	3.81x	17.94x	2.92%	11.86B
Weighted average by Cap.	18.86x	3.60x	13.39x	3.36%