Thaifoods Group (TFG TB) - 2024E Earnings to Grow by 15%; Expecting a HoH Recovery in 2H23E
KTX has revised up our rating to Buy (fair value of Bt5.55, based on the earnings yield and a required rate of return of 9.0%).
546 Views
TFG : 4Q22 Earnings to Post Strong YoY but Soften QoQ
We keep our BUY rating with a target price of Bt8.50. Key growth catalysts include (1) a decent earnings prospect with stabilizing material costs;...
619 Views
TFG : Earnings Hit Another Record High
We keep our BUY rating with a target price of Bt8.50. We are upbeat on the 4Q22 earnings trend, with our BUY call reflecting:(1)healthy growth...
410 Views
TFG : Strong Earnings to Continue in 2H22
We maintain our BUY rating and raise TP by 42% to Bt8.50 derived from 10xPE’23E, the lowest level since listing and 12% discount from average...
257 Views
TFG: Expect Earnings Upturn from 4Q21 Onwards
Maintain HOLD rating, with TP of Bt5.30 (up 15% from previous TP), based on 22.8PE’22E which is Asia ex-Japan consumer staple. Recent product...
286 Views