Tipco Foods (SET:TIPCO) - Stock Price, News & Analysis

TIPCO Stock Overview

Produces and distributes ready-to-drink mineral water in Thailand and internationally. More details

TIPCO fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	2/6

Rewards

Trading at 10.9% below our estimate of its fair value

Risk Analysis

Debt is not well covered by operating cash flow

Earnings have declined by 6.5% per year over past 5 years

Dividend of 7.59% is not well covered by earnings or free cash flows

Tipco Foods Public Company Limited Competitors

Thai Union Feedmill

SET:TFM

฿4.0b

Lam Soon (Thailand)

SET:LST

฿4.1b

KCG Corporation

SET:KCG

฿4.9b

TSTE

SET:TSTE

฿5.6b

Price History & Performance

Summary of all time highs, changes and price drops for Tipco Foods
Historical stock prices
Current Share Price	฿9.75
52 Week High	฿10.60
52 Week Low	฿8.90
Beta	0.88
11 Month Change	-0.51%
3 Month Change	-1.52%
1 Year Change	8.94%
33 Year Change	8.94%
5 Year Change	25.81%
Change since IPO	-0.94%

Recent updates

Shareholder Returns

	TIPCO	TH Food	TH Market
7D	0.5%	-0.01%	-0.7%
1Y	8.9%	0.7%	3.3%

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

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

Price Volatility

Is TIPCO's price volatile compared to industry and market?
TIPCO volatility
TIPCO Average Weekly Movement	1.1%
Food Industry Average Movement	4.1%
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: TIPCO has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: TIPCO's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1976	n/a	Pasit Akkaranunkorranich	www.tipco.net

Tipco Foods Public Company Limited produces and distributes ready-to-drink mineral water in Thailand and internationally. It operates through Products of Vegetable & Fruit, Beverage, and Other segments. The company offers processed fruit products that include canned pineapple, aseptic pineapple juice concentrate, crushed pineapple, and pineapple in retort pouch and plastic cup; tropical fruit salad in plastic cup; and aloe vera juice, as well as coconut products.

Tipco Foods Public Company Limited Fundamentals Summary

How do Tipco Foods's earnings and revenue compare to its market cap?
TIPCO fundamental statistics
Market cap	฿4.71b
Earnings (TTM)	-฿47.28m
Revenue (TTM)	฿2.58b

1.8x

P/S Ratio

-99.5x

P/E Ratio

Is TIPCO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TIPCO income statement (TTM)
Revenue	฿2.58b
Cost of Revenue	฿2.11b
Gross Profit	฿469.11m
Other Expenses	฿516.39m
Earnings	-฿47.28m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.098
Gross Margin	18.19%
Net Profit Margin	-1.83%
Debt/Equity Ratio	44.0%

How did TIPCO perform over the long term?

See historical performance and comparison

Dividends

7.6%

Current Dividend Yield

-643%

Payout Ratio

TIPCO Stock Overview

Rewards

Risk Analysis

Tipco Foods Public Company Limited Competitors

SET:TFM

฿4.0b

SET:LST

฿4.1b

SET:KCG

฿4.9b

SET:TSTE

฿5.6b

Price History & Performance

Recent News & Updates

New major risk - Financial position

Second quarter 2024 earnings released: ฿0.071 loss per share (vs ฿0.14 profit in 2Q 2023)

First quarter 2024 earnings released: ฿0.14 loss per share (vs ฿0.48 profit in 1Q 2023)

Upcoming dividend of ฿0.63 per share

Final dividend reduced to ฿0.63

Tipco Foods Public Company Limited Declares Cash Dividend for the Operating Period from January 1, 2023 to December 31, 2023, Payable on May 03, 2024

Recent updates

New major risk - Financial position

Second quarter 2024 earnings released: ฿0.071 loss per share (vs ฿0.14 profit in 2Q 2023)

First quarter 2024 earnings released: ฿0.14 loss per share (vs ฿0.48 profit in 1Q 2023)

Upcoming dividend of ฿0.63 per share

Final dividend reduced to ฿0.63

Tipco Foods Public Company Limited Declares Cash Dividend for the Operating Period from January 1, 2023 to December 31, 2023, Payable on May 03, 2024

Full year 2023 earnings released: EPS: ฿0.51 (vs ฿0.58 in FY 2022)

Tipco Foods Public Company Limited Announces Chief Financial Officer Changes, Effective 01 February 2024

High number of new directors

Upcoming dividend of ฿0.11 per share at 9.9% yield

Third quarter 2023 earnings released: EPS: ฿0.06 (vs ฿0.11 in 3Q 2022)

Tipco Foods Public Company Limited Announces Cash Dividend for the Operating Period from January 1, 2023 to September 30, 2023, Payable on December 12, 2023

Tipco Foods Public Company Limited Announces Resignation of Surachet Sapsakorn as Director and Nomination and Remuneration Committee

Tipco Foods Public Company Limited Announces Chief Financial Officer Changes

Second quarter 2023 earnings released: EPS: ฿0.14 (vs ฿0.18 in 2Q 2022)

Now 21% undervalued

Less than half of directors are independent

New minor risk - Share price stability

Investor sentiment improves as stock rises 21%

First quarter 2023 earnings released: EPS: ฿0.48 (vs ฿0.009 in 1Q 2022)

Upcoming dividend of ฿0.70 per share at 9.0% yield

Full year 2022 earnings released: EPS: ฿0.58 (vs ฿0.89 in FY 2021)

Upcoming dividend of ฿0.19 per share

Less than half of directors are independent

Tipco Foods Public Company Limited Announces Cash Dividend Payment for the Operating Period from 1 January 2022 to 30 September 2022, Payable on 9 December 2022

Tipco Foods Public Company Limited Announces CFO Changes

Second quarter 2022 earnings released: EPS: ฿0.18 (vs ฿0.34 in 2Q 2021)

Tipco Foods Public Company Limited Announces the Resignation of Sitilarb Supsakorn as the Director

Tipco Foods Public Company Limited Announces Board and Committee Changes

Tipco Foods Public Company Limited Announces the Resignation of Independent Director and the Audit Committee, Effective 1 June 2022

Tipco Foods Public Company Limited Announces Executive Changes

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

Upcoming dividend of ฿0.58 per share

Tipco Foods Public Company Limited Approves Dividend Payment for the Year 2021, Payable on May 5, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Tipco Foods Public Company Limited Proposes Dividend Payment for the Year 2021, Payable on May 5, 2022

Third quarter 2021 earnings released: EPS ฿0.21 (vs ฿0.70 in 3Q 2020)

Upcoming dividend of ฿0.19 per share

Second quarter 2021 earnings released: EPS ฿0.34 (vs ฿0.66 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.09 (vs ฿0.61 loss in 1Q 2020)

Upcoming dividend of ฿0.50 per share

Full year 2020 earnings released: EPS ฿1.00 (vs ฿0.43 in FY 2019)

Tipco Foods Public Company Limited, Annual General Meeting, Apr 09, 2021

Investor sentiment improved over the past week

New 90-day high: ฿8.75

New 90-day high: ฿7.80

Tipco Foods Public Company Limited Announces Board Changes

Third quarter 2020 earnings released: EPS ฿0.70

New 90-day low: ฿5.60

New 90-day low - ฿6.20

Earnings released

Shareholder Returns

Price Volatility

About the Company

Tipco Foods Public Company Limited Fundamentals Summary

1.8x

-99.5x

Earnings & Revenue