Thaifoods Group (SET:TFG) - Stock Price, News & Analysis

TFG Stock Overview

Engages in the production and distribution of chicken and swine products in Thailand. More details

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

Rewards

Trading at 52.6% below our estimate of its fair value

Earnings are forecast to grow 27.34% per year

Risk Analysis

Interest payments are not well covered by earnings

Thaifoods Group Public Company Limited Competitors

Ichitan Group

SET:ICHI

฿19.2b

Sappe

SET:SAPPE

฿24.5b

Thai Coconut

SET:COCOCO

฿17.1b

Thai Vegetable Oil

SET:TVO

฿20.7b

Price History & Performance

Summary of all time highs, changes and price drops for Thaifoods Group
Historical stock prices
Current Share Price	฿3.76
52 Week High	฿4.84
52 Week Low	฿3.04
Beta	0.51
11 Month Change	-9.62%
3 Month Change	-9.62%
1 Year Change	16.05%
33 Year Change	-11.74%
5 Year Change	-19.31%
Change since IPO	96.86%

Recent updates

Shareholder Returns

	TFG	TH Food	TH Market
7D	-1.6%	-0.1%	0.3%
1Y	16.0%	1.5%	3.2%

Return vs Industry: TFG exceeded the TH Food industry which returned 1.5% over the past year.

Return vs Market: TFG exceeded the TH Market which returned 3.2% over the past year.

Price Volatility

Is TFG's price volatile compared to industry and market?
TFG volatility
TFG Average Weekly Movement	4.4%
Food Industry Average Movement	3.8%
Market Average Movement	4.6%
10% most volatile stocks in TH Market	10.0%
10% least volatile stocks in TH Market	2.4%

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

Volatility Over Time: TFG's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1987	n/a	Winai Teawsomboonkij	www.tfg.co.th

Thaifoods Group Public Company Limited, together with its subsidiaries, engages in the production and distribution of chicken and swine products in Thailand. It operates in five segments: Poultry, Swine, Feed Mill, Retail, and Other. The company offers broiler chicks and chicken products.

Thaifoods Group Public Company Limited Fundamentals Summary

How do Thaifoods Group's earnings and revenue compare to its market cap?
TFG fundamental statistics
Market cap	฿21.85b
Earnings (TTM)	฿1.40b
Revenue (TTM)	฿62.62b

15.6x

P/E Ratio

0.3x

P/S Ratio

Is TFG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TFG income statement (TTM)
Revenue	฿62.62b
Cost of Revenue	฿55.78b
Gross Profit	฿6.84b
Other Expenses	฿5.43b
Earnings	฿1.40b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.24
Gross Margin	10.92%
Net Profit Margin	2.24%
Debt/Equity Ratio	129.3%

How did TFG perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

4%

Payout Ratio

TFG Stock Overview

Rewards

Risk Analysis

Thaifoods Group Public Company Limited Competitors

SET:ICHI

฿19.2b

SET:SAPPE

฿24.5b

SET:COCOCO

฿17.1b

SET:TVO

฿20.7b

Price History & Performance

Recent News & Updates

Price target increased by 18% to ฿5.35

First half dividend increased to ฿0.075

Second quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.012 in 2Q 2023)

Thaifoods Group Public Company Limited Declares Interim Dividend for the Operating Period from January 1, 2024 to June 30, 2024, Payable on September 6, 2024

Price target increased by 8.3% to ฿4.42

New major risk - Financial position

Recent updates

Price target increased by 18% to ฿5.35

First half dividend increased to ฿0.075

Second quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.012 in 2Q 2023)

Thaifoods Group Public Company Limited Declares Interim Dividend for the Operating Period from January 1, 2024 to June 30, 2024, Payable on September 6, 2024

Price target increased by 8.3% to ฿4.42

New major risk - Financial position

First quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.08 in 1Q 2023)

Thaifoods Group Public Company Limited Approves Appointment of Audit Committee

Upcoming dividend of ฿0.01 per share

Thaifoods Group Public Company Limited has filed a Follow-on Equity Offering.

Final dividend reduced to ฿0.01

Thaifoods Group Public Company Limited, Annual General Meeting, Apr 23, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 57%

Consensus EPS estimates fall by 92%, revenue upgraded

Consensus EPS estimates increase by 1,856%

Third quarter 2023 earnings released: ฿0.08 loss per share (vs ฿0.31 profit in 3Q 2022)

Consensus EPS estimates fall from profit to ฿0.02 loss

Consensus EPS estimates fall by 57%

Second quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.22 in 2Q 2022)

Upcoming dividend of ฿0.02 per share at 11% yield

Consensus EPS estimates increase by 17%

Consensus EPS estimates fall by 21%, revenue upgraded

New minor risk - Shareholder dilution

First quarter 2023 earnings released: EPS: ฿0.08 (vs ฿0.11 in 1Q 2022)

Consensus EPS estimates fall by 12%

Upcoming dividend of ฿0.30 per share at 8.0% yield

Now 20% undervalued after recent price drop

Now 23% undervalued after recent price drop

Price target decreased by 9.0% to ฿8.17

Now 20% undervalued

Consensus forecasts updated

Insufficient new directors

Consensus forecasts updated

Upcoming dividend of ฿0.10 per share

Consensus EPS estimates increase by 33%

Thaifoods Group Public Company Limited Announces Interim Dividend for the Operating Period from 01-Jan-2022 to 30-Jun-2022, Payable Date 09-Sep-2022

Second quarter 2022 earnings released: EPS: ฿0.22 (vs ฿0.08 in 2Q 2021)

Consensus EPS estimates increase by 18%

Price target increased to ฿6.35

Investor sentiment improved over the past week

Insufficient new directors

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

Insufficient new directors

Upcoming dividend of ฿0.04 per share

Upcoming dividend of ฿0.04 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Thaifoods Group Public Company Limited Announces Cash Dividend for the Year 2021, Payable on May 13, 2022

Price target increased to ฿5.70

Price target increased to ฿5.70

Third quarter 2021 earnings released: ฿0.08 loss per share (vs ฿0.19 profit in 3Q 2020)

Upcoming dividend of ฿0.05 per share

Consensus forecasts updated

Second quarter 2021 earnings released: EPS ฿0.08 (vs ฿0.08 in 2Q 2020)

Price target decreased to ฿5.38

First quarter 2021 earnings released: EPS ฿0.08 (vs ฿0.11 in 1Q 2020)

Full year 2020 earnings released: EPS ฿0.46 (vs ฿0.27 in FY 2019)

Thaifoods Group Public Company Limited, Annual General Meeting, Apr 22, 2021

New 90-day high: ฿5.60