Price Target Changed • Jun 03
Price target decreased by 14% to ฿4.40 Down from ฿5.10, the current price target is provided by 1 analyst. New target price is 5.8% above last closing price of ฿4.16. Stock is down 2.3% over the past year. The company is forecast to post earnings per share of ฿0.72 for next year compared to ฿0.68 last year. Reported Earnings • May 19
First quarter 2026 earnings released: EPS: ฿0.21 (vs ฿0.20 in 1Q 2025) First quarter 2026 results: EPS: ฿0.21 (up from ฿0.20 in 1Q 2025). Revenue: ฿1.84b (up 1.0% from 1Q 2025). Net income: ฿206.0m (up 7.0% from 1Q 2025). Profit margin: 11% (in line with 1Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Food industry in Thailand. Upcoming Dividend • Apr 30
Upcoming dividend of ฿0.20 per share Eligible shareholders must have bought the stock before 07 May 2026. Payment date: 22 May 2026. Payout ratio is a comfortable 51% and the cash payout ratio is 100%. Trailing yield: 8.3%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (5.6%). Reported Earnings • Mar 01
Full year 2025 earnings released: EPS: ฿0.68 (vs ฿0.80 in FY 2024) Full year 2025 results: EPS: ฿0.68 (down from ฿0.80 in FY 2024). Revenue: ฿7.15b (down 2.7% from FY 2024). Net income: ฿673.9m (down 3.9% from FY 2024). Profit margin: 9.4% (in line with FY 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Food industry in Thailand. New Risk • Mar 01
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 114% Dividend yield: 10% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Announcement • Feb 27
Food Moments Public Company Limited, Annual General Meeting, Apr 28, 2026 Food Moments Public Company Limited, Annual General Meeting, Apr 28, 2026, at 10:00 SE Asia Standard Time. Location: eastin grand hotel sathorn, Thailand Major Estimate Revision • Jan 23
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ฿7.33b to ฿7.10b. EPS estimate also fell from ฿0.78 per share to ฿0.70 per share. Net income forecast to shrink 3.4% next year vs 8.7% growth forecast for Food industry in Thailand . Consensus price target down from ฿5.10 to ฿4.30. Share price was steady at ฿3.64 over the past week. Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: ฿0.17 (vs ฿0.17 in 3Q 2024) Third quarter 2025 results: EPS: ฿0.17 (up from ฿0.17 in 3Q 2024). Revenue: ฿1.70b (down 7.4% from 3Q 2024). Net income: ฿171.9m (up 8.0% from 3Q 2024). Profit margin: 10% (up from 8.7% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Food industry in Thailand. Price Target Changed • Oct 09
Price target decreased by 29% to ฿5.10 Down from ฿7.20, the current price target is provided by 1 analyst. New target price is 29% above last closing price of ฿3.94. Stock is down 9.6% over the past year. The company is forecast to post earnings per share of ฿0.78 for next year compared to ฿0.80 last year. Upcoming Dividend • Aug 21
Upcoming dividend of ฿0.15 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 09 September 2025. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 9.9%. Within top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (5.3%). Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: ฿0.19 (vs ฿0.30 in 2Q 2024) Second quarter 2025 results: EPS: ฿0.19 (down from ฿0.30 in 2Q 2024). Revenue: ฿1.86b (down 1.3% from 2Q 2024). Net income: ฿185.6m (down 23% from 2Q 2024). Profit margin: 10.0% (down from 13% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Food industry in Thailand. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: ฿0.19 (vs ฿0.15 in 1Q 2024) First quarter 2025 results: EPS: ฿0.19 (up from ฿0.15 in 1Q 2024). Revenue: ฿1.82b (up 4.7% from 1Q 2024). Net income: ฿192.4m (up 58% from 1Q 2024). Profit margin: 11% (up from 7.0% in 1Q 2024). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Food industry in Thailand. Announcement • Apr 25
Food Moments Public Company Limited Approves Cash Dividend for the Operating Period from 1 July 2024 to 31 December 2024, Payable on 20 May 2025 Food Moments Public Company Limited announced that at its AGM held on 25 April 2025, the meeting, with a majority vote of the shareholders attending the meeting and casting their votes, has resolved to approve the allocation of net profit for the year 2024 as a legal reserve in the amount of THB 31.75 million, representing 5% of net profit from the separate financial statements, and resolved to approve dividend payment for the year 2024 in the amount of THB 0.35 per share, representing the total dividend payment in the amount of THB 345.74 million, which is in accordance with the dividend payment policy of the Company. After deducting interim dividend payments from the first half of the operational results of the year 2024 (between 1 January 2024 30 June 2024) at the rate of THB 0.15 per share, amounted to THB 148.17 million, which has been paid out from net profit which was not exempted from tax and has been paid to the shareholders previously, there will be a remaining additional dividend payment for the second half of the operation results of the year 2024 (between 1 July 2024 31 December 2024) at the rate of THB 0.20 per share, amounting to THB 197.57 million. The aforementioned dividend payment is in accordance with the dividend payment policy of the Company, whereby the date to determine the list of shareholders who are entitled to receive dividend payment is 14 March 2025, and the dividend payment date is on 20 May 2025. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ฿3.98, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Food industry in Thailand. New Risk • Apr 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ฿3.40b (US$97.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Upcoming Dividend • Mar 06
Upcoming dividend of ฿0.20 per share Eligible shareholders must have bought the stock before 13 March 2025. Payment date: 20 May 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (5.0%). Reported Earnings • Mar 04
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: ฿0.80 (up from ฿0.30 in FY 2023). Revenue: ฿7.34b (up 27% from FY 2023). Net income: ฿701.6m (up 200% from FY 2023). Profit margin: 9.6% (up from 4.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Food industry in Thailand. Announcement • Feb 28
Food Moments Public Company Limited, Annual General Meeting, Apr 25, 2025 Food Moments Public Company Limited, Annual General Meeting, Apr 25, 2025, at 14:00 SE Asia Standard Time. Location: montien riverside hotel, Thailand Announcement • Feb 27
Food Moments Public Company Limited Proposes Cash Dividend for the Operating Period from 01 July 2024 to 31 December 2024, Payable on 20 May 2025 Food Moments Public Company Limited at its Annual General Meeting of Shareholders to be held on 25 April 2025, proposed cash dividend of THB 0.20 per share for the operating period from 01 July 2024 to 31 December 2024. Record date for the right to receive dividends is on 14 March 2025 with Ex-dividend date on 13 March 2025. Payment date is on 20 May 2025. New Risk • Jan 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ฿3.38b (US$97.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Announcement • Sep 06
Food Moments Public Company Limited Announces Cash Dividend for the Operating Period from January 1, 2024 to June 30, 2024, Payable on October 3, 2024 Food Moments Public Company Limited announced cash dividend of THB 0.15 per share for the operating period from January 1, 2024 to June 30, 2024. Par value: THB 2.00. Record date for the right to receive dividends: September 19, 2024. Ex-dividend date: September 18, 2024. Payment date: October 3, 2024. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ฿5.30, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Food industry in Thailand. Simply Wall St's valuation model estimates the intrinsic value at ฿2.34 per share. Reported Earnings • Jul 26
First quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.067 in 1Q 2023) First quarter 2024 results: EPS: ฿0.15 (up from ฿0.067 in 1Q 2023). Revenue: ฿1.74b (up 22% from 1Q 2023). Net income: ฿121.6m (up 129% from 1Q 2023). Profit margin: 7.0% (up from 3.7% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Food industry in Thailand. 
