Osotspa Public Company Limited

SET:OSP Stock Report

Market Cap: ฿64.0b

Osotspa Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 OSP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: OSP (THB21.3) is trading below our estimate of fair value (THB32.65)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for OSP. This is calculated by dividing OSP's market cap by their current earnings.
What is OSP's PE Ratio?
PE Ratio42.5x
Earnings฿1.50b
Market Cap฿63.98b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for OSP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.2x
CBG Carabao Group
29.2x10.0%฿79.0b
SSC Sermsuk
41.4xn/a฿16.8b
HTC Haad Thip
11.2xn/a฿6.6b
TU Thai Union Group
11.2x9.7%฿58.7b
OSP Osotspa
42.5x29.2%฿64.0b

Price-To-Earnings vs Peers: OSP is expensive based on its Price-To-Earnings Ratio (42.5x) compared to the peer average (23.2x).

Price to Earnings Ratio vs Industry

How does OSP's PE Ratio compare vs other companies in the Asian Beverage Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
OSP 42.5xIndustry Avg. 18.9xNo. of Companies26PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: OSP is expensive based on its Price-To-Earnings Ratio (42.5x) compared to the Asian Beverage industry average (18.8x).

Price to Earnings Ratio vs Fair Ratio

What is OSP'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.

OSP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio42.5x
Fair PE Ratio25.7x

Price-To-Earnings vs Fair Ratio: OSP is expensive based on its Price-To-Earnings Ratio (42.5x) compared to the estimated Fair Price-To-Earnings Ratio (25.7x).

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 OSP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current฿21.30
฿26.81
+25.9%
12.4%฿33.00฿21.90n/a16
Nov ’25฿21.00
฿27.69
+31.9%
10.4%฿33.00฿23.00n/a16
Oct ’25฿23.20
฿28.19
+21.5%
10.5%฿34.00฿23.00n/a16
Sep ’25฿22.40
฿28.37
+26.7%
10.5%฿34.00฿23.00n/a15
Aug ’25฿23.80
฿27.88
+17.1%
12.1%฿34.00฿21.00n/a15
Jul ’25฿23.60
฿26.32
+11.5%
12.7%฿34.00฿21.00n/a14
Jun ’25฿22.80
฿26.92
+18.1%
14.6%฿34.40฿21.00n/a14
May ’25฿21.50
฿26.58
+23.6%
15.0%฿34.40฿21.00n/a14
Apr ’25฿20.80
฿26.79
+28.8%
14.4%฿34.40฿21.00n/a15
Mar ’25฿19.20
฿28.17
+46.7%
12.5%฿34.40฿23.25n/a15
Feb ’25฿20.60
฿28.55
+38.6%
12.4%฿34.40฿23.30n/a16
Jan ’25฿22.00
฿30.71
+39.6%
10.0%฿35.70฿24.00n/a15
Dec ’24฿22.80
฿30.91
+35.6%
8.8%฿35.70฿27.00n/a15
Nov ’24฿23.80
฿31.26
+31.3%
10.0%฿36.50฿25.00฿21.0015
Oct ’24฿25.00
฿32.30
+29.2%
11.9%฿42.00฿25.00฿23.2015
Sep ’24฿29.75
฿32.43
+9.0%
12.2%฿42.00฿25.00฿22.4015
Aug ’24฿29.25
฿32.43
+10.9%
12.2%฿42.00฿25.00฿23.8015
Jul ’24฿29.75
฿32.17
+8.1%
13.2%฿42.00฿25.00฿23.6015
Jun ’24฿29.00
฿32.11
+10.7%
13.7%฿42.00฿25.00฿22.8014
May ’24฿29.50
฿31.61
+7.1%
10.8%฿36.50฿25.00฿21.5014
Apr ’24฿30.75
฿32.29
+5.0%
10.8%฿36.50฿25.75฿20.8013
Mar ’24฿31.50
฿32.29
+2.5%
10.8%฿36.50฿25.75฿19.2013
Feb ’24฿28.25
฿29.50
+4.4%
11.0%฿34.50฿23.00฿20.6014
Jan ’24฿28.25
฿28.58
+1.2%
12.4%฿34.50฿23.00฿22.0013
Dec ’23฿28.25
฿30.57
+8.2%
19.9%฿45.00฿23.00฿22.8015
Nov ’23฿26.50
฿30.91
+16.6%
20.7%฿45.00฿23.00฿23.8017

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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