Thai Beverage PCL
SGX:Y92
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (9), the stock would be worth S$0.67 (58% upside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 5.7 | S$0.43 |
0%
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| 3-Year Average | 9 | S$0.67 |
+58%
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| 5-Year Average | 9 | S$0.68 |
+59%
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| Industry Average | 6.1 | S$0.46 |
+8%
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| Country Average | 6.6 | S$0.49 |
+16%
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Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| TH |
|
Thai Beverage PCL
SGX:Y92
|
10.7B SGD | 5.7 | 10.3 | |
| CN |
|
Kweichow Moutai Co Ltd
SSE:600519
|
1.8T CNY | 28.8 | 21.5 | |
| CN |
|
Wuliangye Yibin Co Ltd
SZSE:000858
|
392.7B CNY | 12.3 | 14 | |
| UK |
|
Diageo PLC
LSE:DGE
|
32.7B GBP | 8.5 | 13.5 | |
| ZA |
D
|
Distell Group Holdings Ltd
JSE:DGH
|
40.2B ZAR | 22.3 | 16.9 | |
| US |
|
Constellation Brands Inc
NYSE:STZ
|
27B USD | 10.1 | 16 | |
| CN |
|
Shanxi Xinghuacun Fen Wine Factory Co Ltd
SSE:600809
|
173.7B CNY | 18 | 14.2 | |
| CN |
|
Luzhou Laojiao Co Ltd
SZSE:000568
|
149.9B CNY | 9.1 | 11.9 | |
| FR |
|
Pernod Ricard SA
PAR:RI
|
16.5B EUR | 9.8 | 11.7 | |
| US |
|
Brown-Forman Corp
NYSE:BF.B
|
13B USD | 9.5 | 10.2 | |
| CN |
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SZSE:002304
|
75.4B CNY | 35.4 | 36.6 |
Market Distribution
| Min | 0.4 |
| 30th Percentile | 4.3 |
| Median | 6.6 |
| 70th Percentile | 9.7 |
| Max | 13 115.6 |
Other Multiples
Thai Beverage PCL
Glance View
In the bustling world of the Southeast Asian beverage industry, Thai Beverage Public Company Limited (Thai Bev) stands as a towering figure. Established in 2003, but with roots tracing back to a century-old brewing heritage, the company swiftly cultivated a dynamic portfolio that includes beers, spirits, non-alcoholic beverages, and food. The key to Thai Bev's success lies in its strategic combination of tradition and innovation. Leveraging deep-rooted consumer loyalty to brands such as Chang Beer and SangSom Rum, Thai Bev has sustained a dominant market presence, all while dynamically expanding its offerings. Positioned as one of the largest beverage companies in the region, it maintains a deft balance in its core operations, achieving steady revenue streams through diversified yet synergistic product lines. Thai Bev's financial prowess is a product of its robust operational strategy, which harmonizes local expertise with a broadening international footprint. The company deftly maneuvers through the complexities of both local markets and global ambitions, focusing on producing high-quality products that cater to evolving consumer preferences. Its investments in state-of-the-art facilities and aggressive marketing campaigns have further solidified its market position. With cost-effective production processes and an extensive distribution network spanning local and regional markets, Thai Bev efficiently channels the lion's share of its revenue through domestic sales. This strategy, combined with selective acquisitions and partnerships, has bolstered its competitive edge both at home and abroad, steadily increasing shareholder value and cementing its status as a beverage behemoth.