Fraser and Neave Ltd
SGX:F99

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Fraser and Neave Ltd Logo
Fraser and Neave Ltd
SGX:F99
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Price: 1.49 SGD 0.68% Market Closed
Market Cap: 2.2B SGD

Relative Value

The Relative Value of one F99 stock under the Base Case scenario is 1.67 SGD. Compared to the current market price of 1.49 SGD, Fraser and Neave Ltd is Undervalued by 11%.

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.

F99 Relative Value
Base Case
1.67 SGD
Undervaluation 11%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
28
vs Industry
45
Median 3Y
0.8
Median 5Y
0.9
Industry
1
Forward
1.4
vs History
6
vs Industry
42
Median 3Y
12.3
Median 5Y
12.8
Industry
16.1
Forward
3
vs History
33
vs Industry
37
Median 3Y
8.9
Median 5Y
8.9
Industry
10
vs History
vs Industry
22
Median 3Y
4.9
Median 5Y
4.9
Industry
17.3
vs History
3
vs Industry
72
Median 3Y
0.6
Median 5Y
0.6
Industry
1.5
vs History
41
vs Industry
44
Median 3Y
1.1
Median 5Y
1.1
Industry
1.1
Forward
1.7
vs History
39
vs Industry
54
Median 3Y
3.5
Median 5Y
3.5
Industry
4.8
vs History
50
vs Industry
43
Median 3Y
8.1
Median 5Y
8.1
Industry
10.1
Forward
8.5
vs History
69
vs Industry
39
Median 3Y
11.6
Median 5Y
12.5
Industry
13.3
Forward
11.5
vs History
49
vs Industry
34
Median 3Y
11.1
Median 5Y
11.1
Industry
11.5
vs History
vs Industry
19
Median 3Y
17.3
Median 5Y
14.7
Industry
16.1
vs History
3
vs Industry
76
Median 3Y
0.5
Median 5Y
0.5
Industry
1.1

Multiples Across Competitors

F99 Competitors Multiples
Fraser and Neave Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
Fraser and Neave Ltd
SGX:F99
2.2B SGD 0.9 15.4 8.2 11.3
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
190.7B CHF 2.1 18.5 12.5 15.5
US
Mondelez International Inc
NASDAQ:MDLZ
71.1B USD 1.9 20.1 15.7 20.5
ZA
Tiger Brands Ltd
JSE:TBS
59.5B Zac 0 0 0 0
FR
Danone SA
PAR:BN
49.4B EUR 1.8 26.9 11.6 15.6
CN
Muyuan Foods Co Ltd
SZSE:002714
271.8B CNY 1.8 12.3 12.5 12.5
US
Hershey Co
NYSE:HSY
38.3B USD 3.3 28.2 17 21.2
ZA
Avi Ltd
JSE:AVI
36.4B Zac 0 0 0 0
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
26.8B CHF 4.7 41.7 24.3 33.1
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
221.7B CNY 7.9 32.4 29.5 29.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
Fraser and Neave Ltd
SGX:F99
Average EV/EBITDA: 20 741.5
8.2
N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
12.5
1%
12.5
US
Mondelez International Inc
NASDAQ:MDLZ
15.7
-2%
N/A
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
11%
N/A
FR
Danone SA
PAR:BN
11.6
5%
2.3
CN
Muyuan Foods Co Ltd
SZSE:002714
12.5
31%
0.4
US
Hershey Co
NYSE:HSY
17
-4%
N/A
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
24.3
8%
3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
29.5
16%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
Fraser and Neave Ltd
SGX:F99
Average EV/EBIT: 35 382.6
11.3
N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
15.5
0%
N/A
US
Mondelez International Inc
NASDAQ:MDLZ
20.5
-3%
N/A
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
12%
N/A
FR
Danone SA
PAR:BN
15.6
6%
2.6
CN
Muyuan Foods Co Ltd
SZSE:002714
12.5
20%
0.6
US
Hershey Co
NYSE:HSY
21.2
-6%
N/A
ZA
A
Avi Ltd
JSE:AVI
Not Available
8%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
33.1
8%
4.1
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
29.5
11%
2.7