Thaifoods Group - 3Q24 Core Profit Grew 557% YoY and 11% QoQ, Better than Expected
The current fundamental value remains attractive, as the stock price has 20% upside from its fair value of Bt4.92 (using the earnings yield method...
268 Views
Thaifoods Group - 3Q24E Earnings Growth of 514% YoY
KTX has downgraded our rating Neutral (from Outperform), with the valuation metrics prompting a shift to a neutral tactical view (from very limited...
142 Views
Thaifoods Group - Solid 3Q24E Earnings; 2024-26E Core Profit Forecasts Revised Up
KTX maintains an Outperform rating, with a new fair value of Bt4.97 vs. Bt4.0 previously, based on the earnings yield and a required return of...
338 Views
Thaifoods Group - Upbeat 2Q24 Growth of 3.8x YoY and 11x QoQ
The better-than-expected 2Q24 earnings have led us to revise our 2024E core profit forecast upward by approximately 30% . This revision implies a...
139 Views
Thaifoods Group - 2Q24E Core Profit to Grow 205% YoY and 661% QoQ
The valuation metrics suggest that the current share price is below its fundamental value, and the tactical view has improved to neutral from...
138 Views