Risk factor
Low price volatility
Profitability factor
Undervalued vs peers
About
Thaifoods Group Public Company Limited operates as a prominent agro-industrial conglomerate focused on the integrated production and supply of poultry and pork products across Thailand and Vietnam. Its comprehensive operations are segmented across poultry, swine, animal feed manufacturing, and other related ventures. Within its poultry division, the company manages the entire lifecycle, from chicken breeding and the sale of day-old chicks and live birds, to the production and distribution of various chicken meat products, including whole carcasses, specific cuts (wings, breasts, legs, flippers, gizzards), and further-processed items, available both fresh and frozen. Similarly, its swine segment encompasses pig breeding, along with the sale of live pigs and fresh pork. A significant component is the feed mill business, dedicated to producing and selling animal feed for its own needs and for external customers. Beyond its primary meat production, the group's diverse activities include providing research facilities, manufacturing animal feed sacks, plastic agricultural equipment, and even sauce and seasoning beverages. It also contributes to animal health through cattle disease research and vaccine production, alongside offering equipment rental services and financial solutions like credits and guarantees. Its extensive client base spans brokers, retailers, slaughterhouses, industrial processors, modern trade outlets, and both domestic and international export channels. Established in 1987, Thaifoods Group PCL maintains its principal office in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, unde