Thai Beverage Public Company Limited

Y92.SI : Singapore Exchange

0.470

+1.08%

Share Price in SGD. As of 21 Jun 17:14:48 SGT

All

Chart

Key stats

  • 52-Week High
    SGD 0.615
  • 52-Week Low
    SGD 0.460
  • Market Cap
    SGD 12B
  • Avg Volume
    23M
  • P/E Ratio (TTM)
    11.75
  • Forward Dividend Yield
    4.8%

Share Price Performance

Y92.SI
Market
1 Day 0.00% -0.02%
5 Day -2.08% 0.26%
1 Month -6.00% -0.06%
6 Month -6.00% 6.22%
YTD -12.96% 2.36%
1 Year -17.54% 2.25%
5 Year -47.78% 6.42%
Include dividend return

Beansprout Analysis

Market Analysis

Consensus Share Price Target

Price Target: $0.653

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 21 Jun 2024

Analyst Ratings

  • CGS-CIMB

    03 Jan 2024

    Add

    0.670

  • DBS Research

    24 Nov 2023

    Buy

    0.720

    (prev 0.750)

  • OCBC Investment

    28 Nov 2023

    Buy

    0.760

    (prev 0.840)

  • Phillip Securities

    02 Jan 2024

    Buy

    0.670

  • RHB Invest

    24 Nov 2023

    Buy

    0.820

    (prev 0.870)

  • UOB Kay Hian

    15 Feb 2024

    Buy

    0.700

Valuation

Price to earnings (P/E) ratio

Current P/E
11.6
Historical Average P/E
0.7

Thai Beverage Public Company Limited's current P/E ratio of 11.6x is higher than its historical average P/E ratio of 0.7x.

Price to book (P/B) ratio

Current P/B
0.1
Historical Average P/B
0.2

Thai Beverage Public Company Limited's current P/B ratio of 0.1x is lower than its historical average P/B ratio of 0.2x.

Earnings

Earnings Highlights

2Q FY23/24 Results Summary

  • Revenue: SGD 71.63B

    Increased 6% Year-on-Year

    This was due to an increase in sales of beer business of 12.8%, non-alcoholic beverages business of 8.6%, food business of 4.5% and spirits business of 0.6%.

  • Net Profit: SGD 7B

    Decreased 5% Year-on-Year

    This was due to a decrease of net profit mainly from associated companies of 82.9% and food business of 528.6%.

  • Return on Equity (ROE): 3%

    Decreased 3% Year-on-Year

    This was due to a decrease in net profit for the period.

  • Dividend Per Share: SGD 0.15

    The Company's Board of Directors has approved interim dividend payment at the meeting held on May 13, 2024.

  • Debt to Equity Ratio: 86%

    Increased 2% Year-on-Year

    This was mainly due to a net increase in interest-bearing debts from bank and debentures and others of Baht 4,965 million.

Earnings per share (EPS)

The latest earnings per share is $0.04, which is lower than the earnings per share of $0.05 in 2022.

Financials

Financial Statements

13 May 2024

Second Quarter and/ or Half Yearly Results

For period ending 31 Mar 2024

09 May 2024

Second Quarter and/ or Half Yearly Results

For period ending 31 Mar 2024

28 Mar 2024

Full Yearly Results

For period ending 31 Dec 2023

13 Feb 2024

First Quarter Results

For period ending 31 Dec 2023

30 Jan 2024

Full Yearly Results

For period ending 31 Dec 2023

22 Nov 2023

Full Yearly Results

For period ending 30 Sep 2023

16 Nov 2023

Full Yearly Results

For period ending 30 Sep 2023

26 Oct 2023

Third Quarter Results

For period ending 30 Sep 2023

09 Aug 2023

Third Quarter Results

For period ending 30 Jun 2023

08 Aug 2023

Third Quarter Results

For period ending 30 Jun 2023

Annual Reports

09 Jan 2024

Annual Report

For period ending 30 Sep 2023

News

Profile

Company Description

Thai Beverage Public Company Limited is Thailand’s largest and leading beverage producer and distributor. Its operation is considered among the leading distillers and brewers and in Southeast Asia. ThaiBev leading products include a variety of well-established spirits brands, including its famous brew Chang Beer. In the non-alcoholic beverage category, key products include water, tonic soda, and RTD green tea. [Drafted: June 9, 2012] ThaiBev Group owns and operates 18 well-equipped and modernized distilleries in Thailand with the total production capacity of approximately 819 million liters per year. It also operates 3 state-of-the-art breweries with a total installed capacity of approximately 1,550 million liters per year. ThaiBev’s recognized spirits brands include Ruang Khao, SangSom, Mekhong, Hong Thong and Blend 285. Chang Beer, our most famous, signature beer, is very popular among the Thai beer drinkers. For non-alcoholic beverages, ThaiBev’s flagship, Oishi RTD green tea, is the best selling product in Thailand with market share of over 60%. Other than its domestic focus, our famous Chang Beer is also exported around the world. ThaiBev has an international presence and engages in overseas distilleries operations with five production facilities in Scotland and one in China. Recently, seven non-alcoholic beverages production facilities were added to ThaiBev umbrella, as a result of acquisition of Serm Suk Public Company Limited in late 2011.

FAQ

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