Taokaenoi Food & Marketing Valuation

Q: What is the Fair Price of TKN-F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

TKN-F (THB20.1) is trading above our estimate of [[fair value]] (THB15.47)

Is TKN-F 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 TKN-F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TKN-F (THB20.1) is trading above our estimate of fair value (THB15.47)

Significantly Below Fair Value: TKN-F is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TKN-F?

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

The above table shows the Price to Earnings ratio for TKN-F. This is calculated by dividing TKN-F's market cap by their current earnings.
What is TKN-F's PE Ratio?
PE Ratio	20.4x
Earnings	฿697.00m
Market Cap	฿14.21b

TKN-F key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.7x
Enterprise Value/EBITDA	15.4x
PEG Ratio	1.4x

Price to Earnings Ratio vs Peers

How does TKN-F's PE Ratio compare to its peers?

The above table shows the PE ratio for TKN-F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	16.9x
SAUCE Thaitheparos	19x	n/a	฿14.1b
GFPT GFPT	6.6x	-5.5%	฿13.3b
RBF R&B Food Supply	25.1x	11.2%	฿13.1b
SNNP Srinanaporn Marketing	17x	9.9%	฿11.0b
TKN-F Taokaenoi Food & Marketing	20.4x	15.0%	฿14.2b

Price-To-Earnings vs Peers: TKN-F is good value based on its Price-To-Earnings Ratio (20.4x) compared to the peer average (25.5x).

Price to Earnings Ratio vs Industry

How does TKN-F's PE Ratio compare vs other companies in the TH Food Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: TKN-F is expensive based on its Price-To-Earnings Ratio (20.4x) compared to the TH Food industry average (18.3x).

Price to Earnings Ratio vs Fair Ratio

What is TKN-F'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.

TKN-F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	20.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TKN-F'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.

Discover undervalued companies

Taokaenoi Food & Marketing

฿11.3b

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

TKN

฿8.20

-10.4%

-12.8%

Ichitan Group

฿18.9b

Together with its subsidiary Ichitan Power Co., Ltd., engages in the manufacture and sale of beverages in Thailand and internationally.

ICHI

฿14.50

-5.2%

-2.0%

Asian Alliance International

฿11.6b

Produces and sells pet food and ready-to-eat human food products in Thailand, the United States, the United Kingdom, Thailand, the Kingdom of Saudi Arabia, Japan, Italy, and internationally.

AAI

฿5.45

-3.5%

42.7%