Earnings Alerts

Thai Beverage (THBEV) Earnings: 9M Revenue Hits 217.06B Baht with Strong Performance Across Segments

  • ThaiBev reported a 9-month revenue of 217.06 billion baht.
  • The company’s EBITDA for this period was 38.60 billion baht.
  • Revenue from spirits amounted to 92.79 billion baht.
  • Beer revenue was slightly higher, at 93.79 billion baht.
  • Revenue from non-alcoholic beverages totaled 15.55 billion baht.
  • Analysts’ recommendations include 10 buys, 4 holds, and 0 sells.

Thai Beverage on Smartkarma

Analysts on Smartkarma have provided mixed coverage on Thai Beverage. David Blennerhassett‘s bullish insight titled “Charoen Rearranges ThaiBev and TCC’s Deckchairs” suggests buying on significant dips due to a stake swap with TCC Assets. On the other hand, Devi Subhakesan‘s bearish view in “Thai Bev to Get F&N Stake from Promoters At Book Value than Fair Market Value” highlights concerns over the stake acquisition’s limited shareholder value.

Angus Mackintosh‘s optimistic report “Thai Beverage (THBEV SP) – Increasingly Streamlined SEA F&B Play” praises Thai Bev’s streamlined focus post-restructurings, deserving a higher valuation. Still, Devi Subhakesan‘s bearish standpoint in “Thai Bev (THBEV SP): Exits Property, Boosts F&N Stake. Deal Valuation Seem Excessive” questions the deal’s valuation and its impact on Thai Beverage shareholders. Analyst sentiment remains divided on the company’s strategic moves and valuation implications.


A look at Thai Beverage Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.4

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, a leading producer of branded beer and spirits in Thailand, is positioned for a promising long-term outlook based on Smartkarma Smart Scores. With a solid Dividend score of 4, investors can expect attractive returns through regular dividend payments. Additionally, the company’s strong Momentum score of 5 indicates positive market sentiment and potential for sustained growth in the future. Although the Value score is moderate at 2, the Growth and Resilience scores of 3 each suggest a stable performance and opportunities for expansion. Overall, Thai Beverage‘s favorable Smart Scores reflect a well-rounded outlook for the company’s future prospects.


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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