Risk factor
Strong & resilient to price shocks
Profitability factor
Greatly undervalued vs peers
About
Betagro Public Company Limited, founded in 1967 and headquartered in Bangkok, Thailand, is a multifaceted agribusiness with operations spanning Thailand, Southeast Asia, other Asian nations, and international markets. The company's core activities revolve around the production and distribution of animal feed and animal health products. Organized into nine distinct segments, Betagro's extensive portfolio encompasses a broad array of ventures. These include comprehensive livestock operations, such as raising swine and chicken, alongside the leasing of associated farms and other properties. The company also provides specialized biochemical analysis services and manages crucial infrastructure like swine slaughterhouses and chicken farms. Expanding beyond its foundational agricultural focus, Betagro is significantly involved in food manufacturing and distribution. This includes frozen chicken, concentrated soups, extracted oils from animal bones, and various prepared foods like udon, soba, pizza, flour, semi-cooked meals, instant foods, and bakery items. Furthermore, the company develops and supplies machinery and equipment for animal feed mills, along with pharmaceutical products, supplementary foods, and chemical solutions for animals, which are sold through its retail channels. Complementing these endeavors, Betagro also engages in the distribution of food and beverage products, computer and software integration services, operates training centers, provides research and development, and even runs restaurant businesses.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, underpriced
Target Price
The average target price of BTG.BK is 22 and suggests 11% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation