OTCPK:TUFB.Y

Stock Analysis Report

Executive Summary

Thai Union Group Public Company Limited, together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally.

Snowflake

Fundamentals

Good value average dividend payer.

Share Price & News

How has Thai Union Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:TUFB.Y

1.5%

US Food

2.1%

US Market


1 Year Return

n/a

OTCPK:TUFB.Y

1.0%

US Food

-0.04%

US Market

No trading data on TUFB.Y.

No trading data on TUFB.Y.


Share holder returns

TUFB.YIndustryMarket
7 Day0%1.5%2.1%
30 Dayn/a-0.5%-3.2%
90 Dayn/a4.0%2.8%
1 Yearn/a4.0%1.0%2.2%-0.04%
3 Yearn/a-5.8%-14.0%41.5%32.3%
5 Year31.7%8.2%42.2%25.3%55.0%37.8%

Price Volatility Vs. Market

How volatile is Thai Union Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Thai Union Group undervalued based on future cash flows and its price relative to the stock market?

40%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Thai Union Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

Thai Union Group's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Thai Union Group is good value based on earnings compared to the US Food industry average.

Thai Union Group is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Thai Union Group is poor value based on expected growth next year.


Price Based on Value of Assets

Thai Union Group is good value based on assets compared to the US Food industry average.


Next Steps

Future Growth

How is Thai Union Group expected to perform in the next 1 to 3 years based on estimates from 18 analysts?

16.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Thai Union Group's revenue is expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).

Thai Union Group's earnings are expected to grow by 16.9% yearly, however this is not considered high growth (20% yearly).

Thai Union Group's revenue growth is positive but not above the United States of America market average.

Thai Union Group's earnings growth is expected to exceed the United States of America market average.

Thai Union Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Thai Union Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Thai Union Group performed over the past 5 years?

-3.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Thai Union Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Thai Union Group's 1-year earnings growth exceeds its 5-year average (3.4% vs -3.3%)

Thai Union Group's earnings growth has exceeded the US Food industry average in the past year (3.4% vs -19.4%).


Return on Equity

Thai Union Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Thai Union Group used its assets less efficiently than the US Food industry average last year based on Return on Assets.


Return on Capital Employed

Thai Union Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Thai Union Group's financial position?


Financial Position Analysis

Thai Union Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Thai Union Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Thai Union Group's level of debt (138.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (99.1% vs 138.8% today).

Debt is not well covered by operating cash flow (15.6%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 6.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.9x debt.


Next Steps

Dividend

What is Thai Union Group's current dividend yield, its reliability and sustainability?

3.79%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Thai Union Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Thai Union Group's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.4x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.8x coverage).


Next Steps

Management

What is the CEO of Thai Union Group's salary, the management and board of directors tenure and is there insider trading?

18.7yrs

Average board tenure


CEO

Thiraphong Chansiri (54yo)

0.0yrs

Tenure

0

Mr. Thiraphong Chansiri serves as the Chief Executive Officer and President of Thai Union Group Public Company Limited (formerly, Thai Union Frozen Products Public Company Limited). Mr. Chansiri serves as  ...


Board Age and Tenure

18.7yrs

Average Tenure

61.5yo

Average Age

The average tenure for the Thai Union Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Chuan Tangchansiri (74yo)

    Executive Director

    • Tenure: 31.4yrs
  • Chung Chan Shue (44yo)

    Group Human Resources Director & Executive Director

    • Tenure: 18.3yrs
  • Cheng Niruttinanon (77yo)

    Executive Chairman

    • Tenure: 0.0yrs
  • Thiraphong Chansiri (54yo)

    CEO, President & Director

    • Tenure: 0.0yrs
  • Kraisorn Chansiri (84yo)

    Chairman

    • Tenure: 0.0yrs
  • Rittirong Boonmechote (57yo)

    President of Global Frozen and Related Unit & Executive Director

    • Tenure: 21.6yrs
  • Yongyut Setthawiwat

    General Manager of Group Corporate Finance and Tax

    • Tenure: 0.0yrs
  • Paco Lee

    General Manager of Investor Relations

    • Tenure: 0.0yrs
  • Joerg Ayrle

    Group Chief Financial Officer

    • Tenure: 5.4yrs
  • Ludovic Garnier

    Head of Group Accounting and Control and General Manager of Corporate Accounts

    • Tenure: 0.0yrs

Board Members

  • Kirati Assakul (61yo)

    Independent Director

    • Tenure: 9.4yrs
  • Chuan Tangchansiri (74yo)

    Executive Director

    • Tenure: 31.4yrs
  • Chung Chan Shue (44yo)

    Group Human Resources Director & Executive Director

    • Tenure: 18.3yrs
  • Cheng Niruttinanon (77yo)

    Executive Chairman

    • Tenure: 0.0yrs
  • Sakdi Kiewkarnkha (84yo)

    Independent Director

    • Tenure: 19.0yrs
  • Thiraphong Chansiri (54yo)

    CEO, President & Director

    • Tenure: 0.0yrs
  • Kraisorn Chansiri (84yo)

    Chairman

    • Tenure: 0.0yrs
  • Rittirong Boonmechote (57yo)

    President of Global Frozen and Related Unit & Executive Director

    • Tenure: 21.6yrs
  • Thamnoon Ananthothai (62yo)

    Independent Director

    • Tenure: 9.4yrs
  • Sarbjit S Grewal (50yo)

    Non-Executive Director

    • Tenure: 8.8yrs

Company Information

Thai Union Group Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Thai Union Group Public Company Limited
  • Ticker: TUFB.Y
  • Exchange: OTCPK
  • Founded: 1977
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ฿84.461b
  • Listing Market Cap: ฿2.743b
  • Shares outstanding: 4.77b
  • Website: https://www.thaiunion.com

Location

  • Thai Union Group Public Company Limited
  • 72/1 Moo 7, Sethakit 1 Road
  • Tambon Tarsrai
  • Mueang Samut Sakhon
  • 74000
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TUSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBFeb 1995
TUFSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBFeb 1995
THYGDB (Deutsche Boerse AG)SHSDEEURApr 1998
TU-FTHAMSE (Bangkok-Alien Market Stock Exchange)SHSTHTHBApr 1998
TU-RSET (The Stock Exchange of Thailand)THB1(NVDR)THTHBAug 2001
TUFU.FOTCPK (Pink Sheets LLC)THB1(NVDR)USUSDAug 2001
NVAPDB (Deutsche Boerse AG)THB1(NVDR)DEEURAug 2001
TUFB.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDNov 2012

Biography

Thai Union Group Public Company Limited, together with its subsidiaries, manufactures and sells frozen, chilled, and canned seafood in Thailand and internationally. It operates through three segments: Ambi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 00:24
End of Day Share Price2019/08/08 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.