T.A.C. Consumer Public Company Limited

SET:TACC Stock Report

Market Cap: ฿2.8b

T.A.C. Consumer Valuation

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

Below Fair Value: TACC (THB4.7) is trading below our estimate of fair value (THB9.8)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TACC. This is calculated by dividing TACC's market cap by their current earnings.
What is TACC's PE Ratio?
PE Ratio11.3x
Earnings฿249.15m
Market Cap฿2.82b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TACC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average6.5x
TWPC Thai Wah
n/an/a฿2.6b
TC Tropical Canning (Thailand)
8.4xn/a฿2.3b
SUN Sunsweet
8.1xn/a฿3.1b
BRR Buriram Sugar
3.1xn/a฿3.8b
TACC T.A.C. Consumer
11.3x9.9%฿2.8b

Price-To-Earnings vs Peers: TACC is expensive based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (-6.3x).

Price to Earnings Ratio vs Industry

How does TACC'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
TACC 11.3xIndustry Avg. 13.7xNo. of Companies8PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TACC is good value based on its Price-To-Earnings Ratio (11.3x) compared to the TH Food industry average (13.7x).

Price to Earnings Ratio vs Fair Ratio

What is TACC'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.

TACC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.3x
Fair PE Ratio13.7x

Price-To-Earnings vs Fair Ratio: TACC is good value based on its Price-To-Earnings Ratio (11.3x) compared to the estimated Fair Price-To-Earnings Ratio (13.7x).

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 TACC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current฿4.70
฿6.63
+41.1%
10.5%฿7.60฿6.00n/a3
Nov ’25฿4.82
฿6.63
+37.6%
10.5%฿7.60฿6.00n/a3
Oct ’25฿4.96
฿6.63
+33.7%
10.5%฿7.60฿6.00n/a3
Sep ’25฿4.84
฿6.63
+37.1%
10.5%฿7.60฿6.00n/a3
Aug ’25฿4.74
฿6.63
+39.9%
10.5%฿7.60฿6.00n/a3
Jul ’25฿4.80
฿6.63
+38.2%
10.5%฿7.60฿6.00n/a3
Jun ’25฿4.96
฿6.86
+38.4%
6.9%฿7.60฿6.30n/a4
May ’25฿5.45
฿7.35
+34.9%
6.8%฿7.80฿6.65n/a3
Apr ’25฿4.86
฿7.35
+51.2%
6.8%฿7.80฿6.65n/a3
Mar ’25฿4.84
฿7.35
+51.9%
6.8%฿7.80฿6.65n/a3
Feb ’25฿4.30
฿6.62
+53.9%
0.4%฿6.65฿6.60n/a3
Jan ’25฿4.36
฿6.62
+51.8%
0.4%฿6.65฿6.60n/a3
Dec ’24฿4.24
฿6.62
+56.1%
0.4%฿6.65฿6.60n/a3
Nov ’24฿4.34
฿6.62
+52.5%
0.4%฿6.65฿6.60฿4.823
Oct ’24฿4.78
฿7.55
+57.9%
17.8%฿9.45฿6.60฿4.963
Sep ’24฿4.90
฿7.88
+60.9%
15.0%฿9.45฿6.60฿4.843
Aug ’24฿4.50
฿7.88
+75.2%
15.0%฿9.45฿6.60฿4.743
Jul ’24฿4.66
฿7.88
+69.2%
15.0%฿9.45฿6.60฿4.803
Jun ’24฿5.30
฿8.08
+52.5%
12.1%฿9.45฿7.20฿4.963
May ’24฿5.60
฿9.02
+61.0%
11.4%฿10.00฿7.60฿5.453
Apr ’24฿6.00
฿9.40
+56.7%
5.4%฿10.00฿8.75฿4.863
Mar ’24฿6.00
฿9.40
+56.7%
5.4%฿10.00฿8.75฿4.843
Feb ’24฿6.45
฿9.50
+47.3%
5.0%฿10.00฿8.75฿4.304
Jan ’24฿6.40
฿9.33
+45.8%
4.7%฿9.80฿8.75฿4.363
Dec ’23฿6.35
฿9.15
+44.1%
4.4%฿9.70฿8.75฿4.243
Nov ’23฿6.85
฿9.15
+33.6%
4.4%฿9.70฿8.75฿4.343

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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