R&B Food Supply (SET:RBF) - Stock Price, News & Analysis

RBF Stock Overview

Manufactures and trades bread products, colors, fragrances, and chemicals that are used in food, beverage, and consumer product industries in Thailand. More details

RBF fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	4/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 18% below our estimate of its fair value

Earnings are forecast to grow 4.91% per year

Earnings have grown 9.3% per year over the past 5 years

Risk Analysis

Unstable dividend track record

R&B Food Supply Public Company Limited Competitors

Srinanaporn Marketing

SET:SNNP

฿11.5b

GFPT

SET:GFPT

฿13.8b

Kaset Thai International Sugar Corporation

SET:KTIS

฿11.4b

Taokaenoi Food & Marketing

SET:TKN

฿12.8b

Price History & Performance

Summary of all time highs, changes and price drops for R&B Food Supply
Historical stock prices
Current Share Price	฿5.70
52 Week High	฿14.60
52 Week Low	฿5.00
Beta	0.93
11 Month Change	0%
3 Month Change	2.70%
1 Year Change	-57.46%
33 Year Change	-72.33%
5 Year Change	20.76%
Change since IPO	30.73%

Recent updates

Shareholder Returns

	RBF	TH Food	TH Market
7D	9.6%	-1.8%	-0.3%
1Y	-57.5%	0.9%	2.0%

Return vs Industry: RBF underperformed the TH Food industry which returned 0.9% over the past year.

Return vs Market: RBF underperformed the TH Market which returned 2% over the past year.

Price Volatility

Is RBF's price volatile compared to industry and market?
RBF volatility
RBF Average Weekly Movement	6.0%
Food Industry Average Movement	4.0%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.5%

Stable Share Price: RBF has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: RBF's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1989	n/a	Somchai Ratanapoompinyo	www.rbfoodsupply.co.th

R&B Food Supply Public Company Limited, together with its subsidiaries, manufactures and trades bread products, colors, fragrances, and chemicals that are used in food, beverage, and consumer product industries in Thailand. The company was founded in 1989 and is headquartered in Bangkok, Thailand.

R&B Food Supply Public Company Limited Fundamentals Summary

How do R&B Food Supply's earnings and revenue compare to its market cap?
RBF fundamental statistics
Market cap	฿11.40b
Earnings (TTM)	฿623.11m
Revenue (TTM)	฿4.50b

18.3x

P/E Ratio

2.5x

P/S Ratio

Is RBF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RBF income statement (TTM)
Revenue	฿4.50b
Cost of Revenue	฿2.82b
Gross Profit	฿1.68b
Other Expenses	฿1.05b
Earnings	฿623.11m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.31
Gross Margin	37.28%
Net Profit Margin	13.85%
Debt/Equity Ratio	0%

How did RBF perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

56%

Payout Ratio

RBF Stock Overview

Rewards

Risk Analysis

R&B Food Supply Public Company Limited Competitors

SET:SNNP

฿11.5b

SET:GFPT

฿13.8b

SET:KTIS

฿11.4b

SET:TKN

฿12.8b

Price History & Performance

Recent News & Updates

Now 23% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 24%

New major risk - Share price stability

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued after recent price drop

New minor risk - Dividend sustainability

Recent updates

Now 23% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 24%

New major risk - Share price stability

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued after recent price drop

New minor risk - Dividend sustainability

Investor sentiment deteriorates as stock falls 15%

Price target decreased by 8.4% to ฿12.48

First quarter 2024 earnings released: EPS: ฿0.09 (vs ฿0.073 in 1Q 2023)

Now 22% undervalued after recent price drop

R&B Food Supply Public Company Limited Announces the Resignation Surachai Phartyanotai from the Position of Company Secretary

Upcoming dividend of ฿0.17 per share

Now 21% undervalued after recent price drop

Dividend of ฿0.17 announced

Full year 2023 earnings: EPS misses analyst expectations

R&B Food Supply Public Company Limited, Annual General Meeting, Apr 26, 2024

Price target increased by 7.5% to ฿14.05

Second quarter 2023 earnings: Revenues and EPS in line with analyst expectations

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 20%

First quarter 2023 earnings released: EPS: ฿0.07 (vs ฿0.081 in 1Q 2022)

Upcoming dividend of ฿0.10 per share at 0.9% yield

Price target decreased to ฿12.40

Consensus EPS estimates fall by 17%

Less than half of directors are independent

Price target decreased to ฿14.00

Consensus forecasts updated

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Price target decreased to ฿15.76

Price target decreased to ฿16.90

Now 20% undervalued after recent price drop

Consensus EPS estimates fall by 13%

Now 21% undervalued after recent price drop

First quarter 2022 earnings: EPS exceeds analyst expectations

Less than half of directors are independent

R&B Food Supply Public Company Limited Approves Dividend for the Year 2021, Payable on 11 May 2022

Upcoming dividend of ฿0.15 per share

Now 21% undervalued after recent price drop

Price target decreased to ฿20.24

R&B Food Supply Public Company Limited Proposes Dividend for the Performance of the Year 2021, Payable on 11 May 2022

Full year 2021 earnings: EPS misses analyst expectations

Now 21% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Price target increased to ฿22.24

Third quarter 2021 earnings released: EPS ฿0.066 (vs ฿0.07 in 3Q 2020)

Price target increased to ฿19.78

Second quarter 2021 earnings released: EPS ฿0.052 (vs ฿0.062 in 2Q 2020)

Price target decreased to ฿17.13

Consensus EPS estimates fall to ฿0.22

Consensus EPS estimates fall to ฿0.28

R&B Food Supply Public Company Limited and Premium Foods Company Limited Submit an Application of Narcotics Substance Category 5, Hemp Only to the Food and Drug Authority

R&B Food Supply Public Company Limited Announces Approval of Narcotics Substance Category 5, Hemp Only

R&B Food Supply Public Company Limited Reports Impairment Charges for the First Quarter Ended 31 March 2021

First quarter 2021 earnings released: EPS ฿0.04 (vs ฿0.074 in 1Q 2020)

Upcoming dividend of ฿0.15 per share

Consensus revenue estimates increase to ฿4.05b

Price target increased to ฿13.23

Investor sentiment improved over the past week