
- Thai Beverage‘s total revenue for the fiscal year was reported at 333.29 billion baht, falling short of the estimated 349.18 billion baht and marking a decrease of 2.1% year-over-year.
- Revenue from the spirits segment was 118.60 billion baht, representing a decline of 1.8% compared to the previous year.
- The beer segment experienced a revenue drop of 2.5%, totaling 123.22 billion baht.
- Non-alcoholic beverages revenue fell by 1.6%, amounting to 64.77 billion baht.
- The food segment saw its revenue decrease by 1.7%, reaching 21.90 billion baht.
- Net income for the fiscal year decreased by 6.8%, recorded at 25.36 billion baht.
- Operating profit stood at 31.78 billion baht, a reduction of 5.6% from the previous year.
- Gross profit experienced a slight growth of 0.3%, totaling 103.51 billion baht, which was still below the estimated 105.37 billion baht.
- Market sentiment towards Thai Beverage remains somewhat positive, with 11 buy ratings, 3 holds, and no sell ratings.
Thai Beverage on Smartkarma
Analyst coverage of Thai Beverage on Smartkarma by Henry Soediarko highlights the potential undervaluation of Thai Beverage (THBEV) and upcoming catalysts that could boost its share price. Soediarko points out that despite THBEV’s share price being downtrodden, factors like government subsidies and the possibility of the alcohol sales ban being lifted could breathe new life into the company. The report suggests that THBEV offers an attractive investment opportunity with its low valuation metrics, strong dividend yield, high return on equity, and substantial free cash flow generation.
Henry Soediarko‘s research report on Thai Beverage (THBEV) projects a bullish sentiment, indicating optimism regarding the company’s future prospects. Highlighting the current undervaluation of THBEV and the potential catalysts on the horizon, the analysis suggests that the stock could see a resurgence in value. With factors like government support and changing regulatory environments in the alcohol industry, investors may view Thai Beverage as an appealing investment opportunity with the potential for significant upside in the coming period.
A look at Thai Beverage Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Thai Beverage Public Company Limited, known for its diverse portfolio of branded beer and spirits in Thailand, is positioned for a steady long-term outlook based on the Smartkarma Smart Scores. With favorable ratings across key factors, the company exhibits a balanced performance. While its Value score suggests a somewhat moderate valuation, Thai Beverage shines in areas such as Dividend, Growth, Resilience, and Momentum, each scoring well. This indicates a promising future for the company, showcasing its ability to generate consistent dividends, maintain resilience in challenging environments, and sustain growth momentum over time.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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