R

R&B Food Supply PCL
SET:RBF

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R&B Food Supply PCL
SET:RBF
Watchlist
Price: 3.8 THB 1.6% Market Closed
Market Cap: ฿7.6B

EV/EBITDA

8.7
Current
43%
Cheaper
vs 3-y median of 15.3

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
8.7
=
Enterprise Value
฿5.7B
/
EBITDA
฿810.4m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
8.7
=
Enterprise Value
฿5.7B
/
EBITDA
฿810.4m

Valuation Scenarios

R&B Food Supply PCL is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (15.3), the stock would be worth ฿6.68 (76% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-19%
Maximum Upside
+188%
Average Upside
61%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 8.7 ฿3.8
0%
3-Year Average 15.3 ฿6.68
+76%
5-Year Average 25.1 ฿10.96
+188%
Industry Average 7.1 ฿3.09
-19%
Country Average 8.6 ฿3.76
-1%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
฿5.7B
/
Oct 2025
฿810.4m
=
8.7
Current
฿5.7B
/
Dec 2025
฿827.9m
=
6.9
Forward
฿5.7B
/
Dec 2026
฿892.8m
=
6.4
Forward
฿5.7B
/
Dec 2027
฿950.8m
=
6
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
TH
R&B Food Supply PCL
SET:RBF
7.5B THB 8.7 17.4
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 186 542.5 540 752.8
CH
Nestle SA
SIX:NESN
206.1B CHF 13.3 20
US
Mondelez International Inc
NASDAQ:MDLZ
74.7B USD 18.5 30.5
FR
Danone SA
PAR:BN
47.7B EUR 11.2 25.9
ZA
Tiger Brands Ltd
JSE:TBS
55B ZAR 10.7 14.4
US
Hershey Co
NYSE:HSY
44.4B USD 24.7 50.3
ZA
Avi Ltd
JSE:AVI
38.1B ZAR 9.2 15.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
29.1B CHF 26.2 45.3
CN
Muyuan Foods Co Ltd
SZSE:002714
247.7B CNY 11 11.2
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
208.6B CNY 27.7 30.5

Market Distribution

In line with most companies in Thailand
Percentile
51th
Based on 406 companies
51th percentile
8.7
Low
0.2 — 6.6
Typical Range
6.6 — 11.4
High
11.4 —
Distribution Statistics
Thailand
Min 0.2
30th Percentile 6.6
Median 8.6
70th Percentile 11.4
Max 3 584.8

R&B Food Supply PCL
Glance View

Market Cap
7.6B THB
Industry
Food Products

R&B Food Supply Public Co., Ltd. manufactures and distributes food ingredients. The company is headquartered in Bangkok, Bangkok Metropolis. The company went IPO on 2019-10-24. The firm is engaged in manufacturing and trading of bread products, color, fragrances and chemicals, which are used in food, beverage and consumer product industries. Breadcrumbs are bread crackers or coatings for use in the food industry to enhance the taste bites of meat, seafood, vegetables and other. The firm manufactures and distributes of food ingredients to customers in the form of made-to-order and under its brands, including Uncle Barns, Best Odur and Kob Jung. The company customizes and create specialized breadcrumbs according to its customer’s satisfaction. The Company’s subsidiaries include R&B Food Supply Vietnam Limited Liability Company, Thai Flavour and Fragrance Co., Ltd., Premium Foods Co., Ltd., Best Odour Co., Ltd. and Guanghzhou Thai Delicious Food Co., Ltd.

RBF Intrinsic Value
5.21 THB
Undervaluation 27%
Intrinsic Value
Price
R