T

Thai Union Group PCL
SET:TU

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Thai Union Group PCL
SET:TU
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Price: 11.3 THB Market Closed
Market Cap: 50.3B THB

Relative Value

The Relative Value of one TU stock under the Base Case scenario is 26.61 THB. Compared to the current market price of 11.3 THB, Thai Union Group PCL is Undervalued by 58%.

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.

TU Relative Value
Base Case
26.61 THB
Undervaluation 58%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
75
Median 3Y
0.5
Median 5Y
0.5
Industry
0.9
Forward
0.3
vs History
63
vs Industry
50
Median 3Y
10.4
Median 5Y
10.7
Industry
15.8
Forward
9.2
vs History
98
vs Industry
61
Median 3Y
5.6
Median 5Y
5.5
Industry
9.8
vs History
79
vs Industry
50
Median 3Y
7.7
Median 5Y
8.6
Industry
17.4
vs History
79
vs Industry
58
Median 3Y
1.1
Median 5Y
1.2
Industry
1.5
vs History
98
vs Industry
62
Median 3Y
0.8
Median 5Y
0.8
Industry
1.1
Forward
0.6
vs History
98
vs Industry
54
Median 3Y
4.5
Median 5Y
4.6
Industry
4.7
vs History
98
vs Industry
47
Median 3Y
9
Median 5Y
9.3
Industry
9.9
Forward
6.7
vs History
95
vs Industry
39
Median 3Y
13.4
Median 5Y
14.2
Industry
12.7
Forward
10.1
vs History
98
vs Industry
52
Median 3Y
9.1
Median 5Y
9.1
Industry
10.8
vs History
84
vs Industry
42
Median 3Y
13.4
Median 5Y
13.4
Industry
15
vs History
95
vs Industry
64
Median 3Y
0.8
Median 5Y
0.8
Industry
1.1

Multiples Across Competitors

TU Competitors Multiples
Thai Union Group PCL Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Thai Union Group PCL
SET:TU
48.1B THB 0.3 10.3 7.2 11.2
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
T
Thai Union Group PCL
SET:TU
Average EV/EBITDA: 18 667.1
7.2
6%
1.2
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
T
Thai Union Group PCL
SET:TU
Average EV/EBIT: 31 843.1
11.2
8%
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