Tropical Canning (Thailand) Public Company Limited

SET:TC-R Stock Report

Market Cap: ฿2.3b

Tropical Canning (Thailand) Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: TC-R (THB6.85) is trading above our estimate of fair value (THB2.06)

Significantly Below Fair Value: TC-R is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TC-R?

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

The above table shows the Price to Earnings ratio for TC-R. This is calculated by dividing TC-R's market cap by their current earnings.
What is TC-R's PE Ratio?
PE Ratio8.2x
Earnings฿274.64m
Market Cap฿2.26b

Price to Earnings Ratio vs Peers

How does TC-R's PE Ratio compare to its peers?

The above table shows the PE ratio for TC-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.7x
CHAO Chaosua Foods Industry
13.7x14.6%฿2.2b
SUN Sunsweet
8xn/a฿3.0b
TACC T.A.C. Consumer
11.1x9.9%฿2.8b
PQS Premier Quality Starch
5.9xn/a฿1.7b
TC-R Tropical Canning (Thailand)
8.2xn/a฿2.3b

Price-To-Earnings vs Peers: TC-R is good value based on its Price-To-Earnings Ratio (8.2x) compared to the peer average (9.7x).

Price to Earnings Ratio vs Industry

How does TC-R'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
TC-R 8.2xIndustry Avg. 13.4xNo. of Companies8PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TC-R is good value based on its Price-To-Earnings Ratio (8.2x) compared to the TH Food industry average (13.4x).

Price to Earnings Ratio vs Fair Ratio

What is TC-R'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.

TC-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TC-R's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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