B

Betagro PCL
SET:BTG

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Betagro PCL
SET:BTG
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Price: 20.7 THB -0.96% Market Closed
Market Cap: 40.1B THB

Relative Value

The Relative Value of one BTG stock under the Base Case scenario is 37.53 THB. Compared to the current market price of 20.7 THB, Betagro PCL is Undervalued by 45%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BTG Relative Value
Base Case
37.53 THB
Undervaluation 45%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
63
vs Industry
75
Median 3Y
0.4
Median 5Y
0.4
Industry
0.9
Forward
0.3
vs History
19
vs Industry
34
Median 3Y
7.9
Median 5Y
7.9
Industry
15.8
Forward
13.1
vs History
30
vs Industry
33
Median 3Y
8.2
Median 5Y
8.2
Industry
9.8
vs History
19
vs Industry
25
Median 3Y
-11.3
Median 5Y
-11.3
Industry
17.4
vs History
80
vs Industry
42
Median 3Y
1.7
Median 5Y
1.7
Industry
1.5
vs History
50
vs Industry
68
Median 3Y
0.6
Median 5Y
0.6
Industry
1.1
Forward
0.5
vs History
53
vs Industry
48
Median 3Y
4.1
Median 5Y
4.1
Industry
4.7
vs History
53
vs Industry
48
Median 3Y
7.7
Median 5Y
7.7
Industry
9.9
Forward
6.9
vs History
30
vs Industry
28
Median 3Y
10.8
Median 5Y
10.8
Industry
12.7
Forward
14.3
vs History
30
vs Industry
23
Median 3Y
11.7
Median 5Y
11.7
Industry
10.8
vs History
0
vs Industry
3
Median 3Y
6.3
Median 5Y
6.3
Industry
15
vs History
76
vs Industry
45
Median 3Y
1.1
Median 5Y
1.1
Industry
1.1

Multiples Across Competitors

BTG Competitors Multiples
Betagro PCL Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Betagro PCL
SET:BTG
40.1B THB 0.4 16.2 6.9 15.5
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8 186 542.5 318 284.3
CH
Nestle SA
SIX:NESN
228.7B CHF 2.5 21 14.2 17.5
US
Mondelez International Inc
NASDAQ:MDLZ
86.2B USD 2.4 18.7 12.6 15
FR
Danone SA
PAR:BN
45.5B EUR 1.7 22.6 10.8 14.4
ZA
Tiger Brands Ltd
JSE:TBS
41.7B Zac 0 0 0 0
US
Kraft Heinz Co
NASDAQ:KHC
35.2B USD 1.4 12.8 8.4 9.9
US
Hershey Co
NYSE:HSY
34B USD 3 15.3 11.2 12.9
US
General Mills Inc
NYSE:GIS
32.1B USD 1.6 12.5 10.6 12.2
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
224.8B CNY 8.5 36.8 31.1 31.1
CN
Muyuan Foods Co Ltd
SZSE:002714
218.5B CNY 1.8 27.1 22.4 22.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
B
Betagro PCL
SET:BTG
Average EV/EBITDA: 18 667.1
6.9
4%
1.7
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
14.2
4%
3.5
US
Mondelez International Inc
NASDAQ:MDLZ
12.6
-1%
N/A
FR
Danone SA
PAR:BN
10.8
6%
1.8
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
23%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
8.4
0%
N/A
US
Hershey Co
NYSE:HSY
11.2
-8%
N/A
US
General Mills Inc
NYSE:GIS
10.6
-1%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
31.1
18%
1.7
CN
Muyuan Foods Co Ltd
SZSE:002714
22.4
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
B
Betagro PCL
SET:BTG
Average EV/EBIT: 31 843.5
15.5
11%
1.4
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
17.5
3%
5.8
US
Mondelez International Inc
NASDAQ:MDLZ
15
-2%
N/A
FR
Danone SA
PAR:BN
14.4
7%
2.1
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
15%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
9.9
0%
N/A
US
Hershey Co
NYSE:HSY
12.9
-10%
N/A
US
General Mills Inc
NYSE:GIS
12.2
-1%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
31.1
14%
2.2
CN
Muyuan Foods Co Ltd
SZSE:002714
22.4
N/A N/A