Tropical Canning (Thailand) Public Company Limited

SET:TC Stock Report

Market Cap: ฿2.3b

Tropical Canning (Thailand) Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: TC (THB7) is trading above our estimate of fair value (THB2.06)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TC. This is calculated by dividing TC's market cap by their current earnings.
What is TC's PE Ratio?
PE Ratio8.4x
Earnings฿274.64m
Market Cap฿2.31b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.7x
TWPC Thai Wah
n/an/a฿2.6b
CHAO Chaosua Foods Industry
15.5x14.6%฿2.4b
SUN Sunsweet
8.1xn/a฿3.1b
TACC T.A.C. Consumer
11.3x9.9%฿2.8b
TC Tropical Canning (Thailand)
8.4xn/a฿2.3b

Price-To-Earnings vs Peers: TC is expensive based on its Price-To-Earnings Ratio (8.4x) compared to the peer average (-2.5x).

Price to Earnings Ratio vs Industry

How does TC'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 8.4xIndustry Avg. 13.7xNo. of Companies8PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TC is good value based on its Price-To-Earnings Ratio (8.4x) compared to the TH Food industry average (13.7x).

Price to Earnings Ratio vs Fair Ratio

What is TC'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 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TC'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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