Taokaenoi Food & Marketing (SET:TKN) - Stock Price, News & Analysis

TKN Stock Overview

Engages in the manufacture and distribution of fried, grilled, and baked seaweed and seaweed snacks. More details

TKN fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	3/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 64.9% below our estimate of its fair value

Earnings are forecast to grow 6.85% per year

Earnings have grown 29.3% per year over the past 5 years

Analysts in good agreement that stock price will rise by 21.1%

Risk Analysis

High level of non-cash earnings

Dividend of 5.91% is not well covered by free cash flows

Taokaenoi Food & Marketing Public Company Limited Competitors

GFPT

SET:GFPT

฿13.8b

Kaset Thai International Sugar Corporation

SET:KTIS

฿11.4b

Srinanaporn Marketing

SET:SNNP

฿11.5b

R&B Food Supply

SET:RBF

฿11.4b

Price History & Performance

Summary of all time highs, changes and price drops for Taokaenoi Food & Marketing
Historical stock prices
Current Share Price	฿9.30
52 Week High	฿12.30
52 Week Low	฿8.80
Beta	1.18
11 Month Change	-18.42%
3 Month Change	-2.11%
1 Year Change	-9.71%
33 Year Change	22.37%
5 Year Change	-15.45%
Change since IPO	61.74%

Recent updates

Shareholder Returns

	TKN	TH Food	TH Market
7D	-7.9%	-1.8%	-0.3%
1Y	-9.7%	0.9%	2.0%

Return vs Industry: TKN underperformed the TH Food industry which returned 0.9% over the past year.

Return vs Market: TKN underperformed the TH Market which returned 2% over the past year.

Price Volatility

Is TKN's price volatile compared to industry and market?
TKN volatility
TKN Average Weekly Movement	6.2%
Food Industry Average Movement	4.0%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.5%

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

Volatility Over Time: TKN's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	n/a	Itthipat Peeradechapan	th.taokaenoiglobal.com

Taokaenoi Food & Marketing Public Company Limited engages in the manufacture and distribution of fried, grilled, and baked seaweed and seaweed snacks. The company operates through three segments: Snacks, Retailer, and Others. It also operates as a retailer of snacks, and food and beverage products.

Taokaenoi Food & Marketing Public Company Limited Fundamentals Summary

How do Taokaenoi Food & Marketing's earnings and revenue compare to its market cap?
TKN fundamental statistics
Market cap	฿13.25b
Earnings (TTM)	฿864.27m
Revenue (TTM)	฿5.60b

14.8x

P/E Ratio

2.3x

P/S Ratio

Is TKN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TKN income statement (TTM)
Revenue	฿5.60b
Cost of Revenue	฿3.59b
Gross Profit	฿2.01b
Other Expenses	฿1.15b
Earnings	฿864.27m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.63
Gross Margin	35.91%
Net Profit Margin	15.44%
Debt/Equity Ratio	35.4%

How did TKN perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

73%

Payout Ratio

TKN Stock Overview

Rewards

Risk Analysis

Taokaenoi Food & Marketing Public Company Limited Competitors

SET:GFPT

฿13.8b

SET:KTIS

฿11.4b

SET:SNNP

฿11.5b

SET:RBF

฿11.4b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: ฿0.10 (vs ฿0.16 in 3Q 2023)

Investor sentiment improves as stock rises 16%

Dividend increased to ฿0.30

Second quarter 2024 earnings released: EPS: ฿0.19 (vs ฿0.14 in 2Q 2023)

Price target decreased by 16% to ฿11.75

First quarter 2024 earnings released: EPS: ฿0.21 (vs ฿0.12 in 1Q 2023)

Recent updates

Third quarter 2024 earnings released: EPS: ฿0.10 (vs ฿0.16 in 3Q 2023)

Investor sentiment improves as stock rises 16%

Dividend increased to ฿0.30

Second quarter 2024 earnings released: EPS: ฿0.19 (vs ฿0.14 in 2Q 2023)

Price target decreased by 16% to ฿11.75

First quarter 2024 earnings released: EPS: ฿0.21 (vs ฿0.12 in 1Q 2023)

Upcoming dividend of ฿0.15 per share

Dividend increased to ฿0.15

Full year 2023 earnings: EPS exceeds analyst expectations

Taokaenoi Food & Marketing Public Company Limited, Annual General Meeting, Apr 22, 2024

Upcoming dividend of ฿0.10 per share at 3.9% yield

Third quarter 2023 earnings released: EPS: ฿0.16 (vs ฿0.13 in 3Q 2022)

Taokaenoi Food & Marketing Public Company Limited Announces Interim Cash Dividend for the Operating Period from 01 July, 2023 to 30 September, 2023, Payable on 07 December, 2023

Upcoming dividend of ฿0.21 per share at 2.2% yield

Second quarter 2023 earnings released: EPS: ฿0.14 (vs ฿0.051 in 2Q 2022)

Taokaenoi Food & Marketing Public Company Limited Approves Interim Dividend for the Period Ending June 30, 2023, Payable on September 6, 2023

New minor risk - Share price stability

Consensus EPS estimates increase by 25%

Price target increased by 13% to ฿13.00

Investor sentiment improves as stock rises 15%

Upcoming dividend of ฿0.12 per share at 1.7% yield

Investor sentiment improved over the past week

Price target increased to ฿11.00

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ฿0.14 (vs ฿0.014 in 3Q 2021)

Investor sentiment improved over the past week

Taokaenoi Food & Marketing Public Company Limited Declares Dividend for the Period 01 July 2022 to 30 September 2022, Payable on 07 December 2022

Upcoming dividend of ฿0.09 per share

Second quarter 2022 earnings released: EPS: ฿0.051 (vs ฿0.016 in 2Q 2021)

Taokaenoi Food & Marketing Public Company Limited Approves Interim Dividend for the Six-Month Periods Ended June 30, 2022, Payable on September 7, 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Consensus EPS estimates fall by 12%

Upcoming dividend of ฿0.09 per share

Taokaenoi Food & Marketing Public Company Limited, Annual General Meeting, Apr 20, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Third quarter 2021 earnings released: EPS ฿0.014 (vs ฿0.064 in 3Q 2020)

Price target decreased to ฿8.80

Upcoming dividend of ฿0.05 per share

Second quarter 2021 earnings released: EPS ฿0.016 (vs ฿0.064 in 2Q 2020)

Price target decreased to ฿10.84

Consensus EPS estimates fall to ฿0.25

First quarter 2021 earnings released: EPS ฿0.041 (vs ฿0.062 in 1Q 2020)

Investor sentiment deteriorated over the past week

Price target decreased to ฿11.88

Analysts lower revenue estimates to ฿4.59b

Upcoming Dividend of ฿0.10 Per Share

Taokaenoi Food & Marketing Public Company Limited, Annual General Meeting, Apr 21, 2021

Full year 2020 earnings released: EPS ฿0.18 (vs ฿0.27 in FY 2019)

Revenue and earnings miss expectations

Investor sentiment deteriorated over the past week

New 90-day low: ฿10.10

Taokaenoi Food & Marketing Clarifies the Rumor

Taokaenoi Food & Marketing Public Company Limited Announces Change of Company Secretary

New 90-day low: ฿10.30

Price target raised to ฿13.36

Revenue and earnings miss expectations

Third quarter 2020 earnings released: EPS ฿0.063

New 90-day high: ฿12.60