GFPT Public Company Limited

SET:GFPT Stock Report

Market Cap: ฿13.8b

GFPT Valuation

Is GFPT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GFPT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GFPT (THB11) is trading below our estimate of fair value (THB35.04)

Significantly Below Fair Value: GFPT is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GFPT?

Key metric: As GFPT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GFPT. This is calculated by dividing GFPT's market cap by their current earnings.
What is GFPT's PE Ratio?
PE Ratio6.9x
Earnings฿2.00b
Market Cap฿13.79b

Price to Earnings Ratio vs Peers

How does GFPT's PE Ratio compare to its peers?

The above table shows the PE ratio for GFPT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.4x
SAUCE Thaitheparos
18.8xn/a฿14.2b
RBF R&B Food Supply
18.3x4.9%฿11.4b
TKN Taokaenoi Food & Marketing
14.8x6.8%฿12.8b
SNNP Srinanaporn Marketing
17.8x9.9%฿11.5b
GFPT GFPT
6.9x-5.5%฿13.8b

Price-To-Earnings vs Peers: GFPT is good value based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (17.4x).

Price to Earnings Ratio vs Industry

How does GFPT's PE Ratio compare vs other companies in the TH Food Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
GFPT 6.9xIndustry Avg. 13.7xNo. of Companies7PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GFPT is good value based on its Price-To-Earnings Ratio (6.9x) compared to the TH Food industry average (13.7x).

Price to Earnings Ratio vs Fair Ratio

What is GFPT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GFPT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.9x
Fair PE Ratio11.7x

Price-To-Earnings vs Fair Ratio: GFPT is good value based on its Price-To-Earnings Ratio (6.9x) compared to the estimated Fair Price-To-Earnings Ratio (11.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst GFPT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current฿11.00
฿13.95
+26.8%
15.9%฿18.00฿10.30n/a8
Nov ’25฿11.10
฿14.50
+30.6%
15.9%฿17.30฿10.30n/a8
Oct ’25฿12.00
฿15.99
+33.3%
9.9%฿17.60฿11.70n/a10
Sep ’25฿12.50
฿15.99
+27.9%
9.9%฿17.60฿11.70n/a10
Aug ’25฿13.10
฿15.43
+17.8%
9.5%฿17.00฿11.70n/a10
Jul ’25฿12.70
฿14.93
+17.6%
8.5%฿17.00฿11.70n/a10
Jun ’25฿13.40
฿14.85
+10.8%
8.7%฿17.00฿11.70n/a10
May ’25฿12.90
฿14.24
+10.4%
7.4%฿15.50฿11.70n/a9
Apr ’25฿12.40
฿13.83
+11.6%
10.4%฿15.50฿11.00n/a9
Mar ’25฿11.80
฿13.83
+17.2%
10.4%฿15.50฿11.00n/a9
Feb ’25฿11.60
฿13.53
+16.6%
11.1%฿15.50฿11.00n/a8
Jan ’25฿11.50
฿13.53
+17.6%
11.1%฿15.50฿11.00n/a8
Dec ’24฿10.60
฿13.35
+25.9%
11.1%฿15.50฿11.00n/a8
Nov ’24฿10.10
฿13.58
+34.4%
9.9%฿15.50฿11.50฿11.108
Oct ’24฿10.40
฿13.77
+32.4%
8.8%฿15.50฿12.30฿12.009
Sep ’24฿11.00
฿13.71
+24.6%
8.3%฿15.50฿12.30฿12.509
Aug ’24฿12.10
฿14.15
+16.9%
8.1%฿15.90฿12.70฿13.1010
Jul ’24฿12.80
฿13.87
+8.4%
8.7%฿15.90฿12.40฿12.7010
Jun ’24฿12.30
฿14.00
+13.8%
10.1%฿16.50฿12.40฿13.4010
May ’24฿10.70
฿14.84
+38.7%
12.1%฿18.00฿12.00฿12.9010
Apr ’24฿11.30
฿15.32
+35.6%
11.2%฿18.00฿12.70฿12.4010
Mar ’24฿12.00
฿16.02
+33.5%
14.4%฿20.00฿12.70฿11.8010
Feb ’24฿13.60
฿17.73
+30.4%
15.2%฿22.60฿13.90฿11.609
Jan ’24฿12.80
฿18.08
+41.2%
13.1%฿22.60฿14.20฿11.509
Dec ’23฿13.50
฿18.82
+39.4%
10.1%฿22.50฿15.80฿10.609
Nov ’23฿14.70
฿19.70
+34.0%
7.9%฿22.50฿17.00฿10.109

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

T.A.C. Consumer

฿2.8b

Engages in the manufacture and distribution of beverage in Thailand and internationally.

TACC-R

฿4.70

7D

-4.1%

1Y

10.3%

Thai Union Group

฿57.9b

Engages in the manufacture and sale of frozen, chilled, and canned seafood in Thailand and internationally.

TU-R

฿13.60

7D

-5.6%

1Y

-2.2%

Asian Alliance International

฿12.1b

Produces and sells pet food and ready-to-eat human food products in Thailand, the United States, the United Kingdom, Thailand, the Kingdom of Saudi Arabia, Japan, Italy, and internationally.

AAI

฿5.65

7D

-2.6%

1Y

44.1%