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Thai Beverage Public Company Limited Stock Price

SGX:Y92 Community·S$10.8b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 45 Fair Values set on narratives written by author

Y92 Share Price Performance

S$0.43
-0.08 (-14.85%)
S$0.61
Fair Value
S$0.43
-0.08 (-14.85%)
29.1% undervalued intrinsic discount
S$0.61
Fair Value
Price S$0.43
AnalystHighTarget S$0.61
AnalystConsensusTarget S$0.53
AnalystLowTarget S$0.38

Y92 Community Narratives

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Fair Value S$0.61 29.1% undervalued intrinsic discount

Growing Southeast Asia Middle Class Will Fuel Premium Demand

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·
Fair Value S$0.53 18.3% undervalued intrinsic discount

Analysts Slightly Lower Thai Beverage Price Target Following Minor Valuation Adjustments

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·
Fair Value S$0.38 14.2% overvalued intrinsic discount

Demand Dips And Costs Will Cripple Spirits Yet Efficiency Lifts

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S$0.61
29.1% undervalued intrinsic discount
Revenue
6.64% p.a.
Profit Margin
8.16%
Future PE
14.63x
Price in 2029
S$0.75
S$0.38
14.2% overvalued intrinsic discount
Revenue
2.23% p.a.
Profit Margin
8.39%
Future PE
9.87x
Price in 2029
S$0.47
S$0.53
18.3% undervalued intrinsic discount
Revenue
3.2% p.a.
Profit Margin
8.36%
Future PE
13.25x
Price in 2029
S$0.66

Trending Discussion

Updated Narratives

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Y92: Updated Capital Structure Will Support Future Upside Potential

Fair Value: S$0.61 29.1% undervalued intrinsic discount
2 users have set this as their fair value
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Y92: Higher Margin Assumptions And Lower P/E Multiple Will Limit Future Upside

Fair Value: S$0.38 14.2% overvalued intrinsic discount
3 users have set this as their fair value
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Y92: Future Earnings Multiple Will Support Share Price Despite Softer Margins

Fair Value: S$0.53 18.3% undervalued intrinsic discount
20 users have set this as their fair value
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Snowflake Analysis

Undervalued established dividend payer.

2 Risks
3 Rewards

Thai Beverage Public Company Limited Key Details

฿334.7b

Revenue

฿229.8b

Cost of Revenue

฿104.9b

Gross Profit

฿79.6b

Other Expenses

฿25.4b

Earnings

Last Reported Earnings
Sep 30, 2025
Next Reporting Earnings
n/a
1.01
31.35%
7.58%
105.4%
View Full Analysis

About Y92

Founded
2003
Employees
n/a
CEO
Thapana Sirivadhanabhakdi
WebsiteView website
www.thaibev.com

Thai Beverage Public Company Limited, together with its subsidiaries, produces and distributes alcoholic and non-alcoholic beverages, and food products in Thailand, Vietnam, Malaysia, Myanmar, Singapore, and internationally. It operates through Spirits, Beer, Non-Alcoholic Beverages, Food, and Others segments. The company offers beer; malt and yeast; spirits; mineral, drinking, and soda water; coffee, energy drinks, tea, fruit flavored drinks, and dairy products; canned food; ice cream; rice cakes/cubes, cooking needs, instant dessert powders, pre-mix beverages, and bread spreads; and soft drinks, electrolyte drinks, isotonic, milk, soya, juices, and confectioneries. It also provides chilled and frozen food; beer concentrates; mechanical equipment; bricks and oak barrels; biogas; transportation by car; franchising; plastic packaging; investment and asset management; accounting; human resources and organization development; advertising and marketing; logistics; recycling; warehousing and storage; printing; education training; general and brands management; marketing management consulting; marketing research; treasury and financial; consultancy; public cold storage; machine repair; technical application; and digital and technology services. In addition, the company is involved in the publishing of trade directory, business information, education, library reference, and trade books; trading of molasses, fertilizers, feeds, bottles, procurement and supplies; production of plastic packaging; property investment, development, management, and rental; manufacture and installation of food manufacturing equipment; wholesale and retail of food, beverage, and tobacco; and operation of japanese restaurants, bakeries, and vending machines. Further, it engages in trademark holding; e-commerce; book and magazine distribution; and retail of books, stationery, magazines, and periodicals. Thai Beverage Public Company Limited was incorporated in 2003 and is based in Bangkok, Thailand.

Recent Y92 News & Updates

Y92: Updated Capital Structure Will Support Future Upside Potential

Analysts have maintained their SGD fair value estimate for Thai Beverage, citing only minor adjustments to revenue growth, profit margin and future P/E assumptions that do not materially change their overall price target view. What's in the News Thai Beverage updated Clause 4 of its Memorandum of Association to reflect existing registered capital of B25,169,999, divided into 25,169,999,999 ordinary shares with a par value of B1 each, replacing the previous wording on registered capital and share count (company filing).

Y92: Higher Margin Assumptions And Lower P/E Multiple Will Limit Future Upside

Analysts have trimmed their SGD price target on Thai Beverage, citing updated assumptions that combine a slightly lower fair value estimate and revenue growth outlook with a modestly higher profit margin and a reduced future P/E multiple. What's in the News Thai Beverage updated Clause 4 of its Memorandum of Association so that registered capital is Baht 25,169,999, divided into 25,169,999,999 shares with a par value of Baht 1 each, replacing the previous registered capital structure (Key Developments).

Y92: Cleaner Capital Structure Will Support Future Upside Potential

Analysts have trimmed their price target on Thai Beverage to reflect a slightly lower fair value of SGD0.61, with modest updates to revenue growth, profit margin and future P/E assumptions shaping the revised view. What's in the News Thai Beverage updated its Memorandum of Association so that registered capital is stated as Baht 25,169,999, divided into 25,169,999,999 shares with a par value of Baht 1 each, aligning legal documentation with the current capital structure (Key Developments).

Recent updates

No updates