Valuation Thai Union Group

Equities

End-of-day quote Thailand S.E. Other stock markets 11/07/2025			5-day change	1st Jan Change
9.700 ^THB	0.00%		-2.51%	-25.38%

05-17	Thai Union Group Public Company Limited, Q1 2025 Earnings Call, May 09, 2025
05-09	Thai Union Group Posts QTRLY Adjusted Net Profit 1,317 Million Baht	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	63,305	90,769	78,672	66,827	55,317	37,394	-	-
Change	-	43.38%	-13.33%	-15.06%	-17.22%	-32.4%	-	-
Enterprise Value (EV) ¹	115,434	152,087	126,000	118,365	55,317	92,324	90,147	88,417
Change	-	31.75%	-17.15%	-6.06%	-53.27%	66.9%	-2.36%	-1.92%
P/E ratio	10.8x	11.7x	11.5x	-4.76x	-	10.3x	8.98x	8.29x
PBR	1.24x	1.53x	0.98x	1.16x	-	0.84x	0.79x	0.8x
PEG	-	0.4x	-1x	0x	-	-	0.6x	1x
Capitalization / Revenue	0.48x	0.64x	0.51x	0.49x	-	0.28x	0.27x	0.26x
EV / Revenue	0.87x	1.08x	0.81x	0.87x	-	0.68x	0.65x	0.62x
EV / EBITDA	9.25x	12.2x	10.2x	10.7x	-	8.11x	7.38x	6.98x
EV / EBIT	13.5x	18.4x	15.7x	17.1x	-	13.2x	11.7x	10.8x
EV / FCF	12.1x	71.8x	237x	18.7x	-	9.94x	16.9x	17.8x
FCF Yield	8.3%	1.39%	0.42%	5.34%	-	10.1%	5.92%	5.61%
Dividend per Share ²	0.72	0.95	0.84	0.54	0.66	0.562	0.6208	0.6717
Rate of return	5.29%	4.87%	4.97%	3.6%	5.08%	5.79%	6.4%	6.93%
EPS ²	1.26	1.66	1.47	-3.15	-	0.9391	1.08	1.17
Distribution rate	57.1%	57.2%	57.1%	-17.1%	-	59.8%	57.5%	57.4%
Net sales ¹	132,402	141,048	155,586	136,153	-	135,045	138,908	141,827
EBITDA ¹	12,482	12,440	12,374	11,103	-	11,380	12,208	12,673
EBIT ¹	8,527	8,256	8,050	6,912	-	7,015	7,680	8,161
Net income ¹	6,246	8,013	7,138	-13,933	-	4,126	4,702	5,099
Net Debt ¹	52,129	61,318	47,328	51,538	-	54,930	52,753	51,022
Reference price ²	13.600	19.500	16.900	15.000	13.000	9.700	9.700	9.700
Nbr of stocks (in thousands)	4,654,815	4,654,815	4,655,133	4,455,133	4,255,133	3,855,094	-	-
Announcement Date	22/02/21	23/02/22	20/02/23	19/02/24	17/02/25	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THAI UNION GROUP	10.33x	0.68x	8.11x	5.79%	1.16B
MOWI ASA	15.27x	1.73x	7.14x	3.75%	9.66B
SALMAR ASA	21.67x	2.52x	9.07x	5.83%	5.43B
LEROY SEAFOOD	17.79x	1.08x	6.18x	5.67%	2.68B
AUSTEVOLL SEAFOOD ASA	11.21x	0.67x	3.56x	7.17%	1.81B
NISSUI CORPORATION	10.11x	0.54x	7.98x	3.39%	1.77B
Average	14.39x	1.20x	7.01x	5.27%	3.75B
Weighted average by Cap.	16.13x	1.61x	7.32x	4.83%