Earnings Alerts

Thai Beverage (THBEV) Earnings: FY Revenue Surpasses Estimates with 340.29 Billion Baht

By November 21, 2024 No Comments
“`html

  • ThaiBev’s fiscal year revenue surpassed expectations, totaling 340.29 billion baht compared to an estimate of 284.02 billion baht.
  • Net income for the fiscal year was reported at 27.22 billion baht.
  • The company achieved an operating profit of 33.67 billion baht.
  • The gross profit reached 103.21 billion baht, exceeding the estimated 89 billion baht.
  • Current market consensus includes 11 buy recommendations, 3 holds, and no sell recommendations.

“`


Thai Beverage on Smartkarma

Independent analysts on Smartkarma have provided varied coverage of Thai Beverage. David Blennerhassett‘s bullish sentiment sees potential in Thai Beverage‘s restructuring through stake swaps, with a focus on increased holdings in Fraser And Neave. Angus Mackintosh also leans bullish, highlighting Thai Bev’s streamlined focus on the F&B sector and recent positive restructurings. On the other hand, Devi Subhakesan‘s bearish view questions the valuation and benefits of Thai Bev’s proposed swap deal for F&N shares, suggesting limited value realization for shareholders. This range of perspectives reflects differing opinions on Thai Beverage‘s strategic moves and potential for growth.

From potential dips as buying opportunities to concerns about deal valuations, the analysts’ insights offer investors a comprehensive view of Thai Beverage‘s current positioning and future prospects. Whether viewing Thai Beverage as an increasingly attractive pure-play or raising doubts about the execution and outcomes of recent deals, investors can leverage this diverse analyst coverage on Smartkarma to make informed decisions regarding their investments in Thai Beverage.


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 prominent producer of branded beer and spirits in Thailand, is showing a promising long-term outlook based on the Smartkarma Smart Scores. With a solid score in dividend and momentum, the company appears well-positioned to provide attractive returns to investors seeking steady income and strong market performance. Additionally, Thai Beverage‘s resilience and growth scores indicate a level of stability and potential for expansion, further enhancing its appeal to long-term investors looking for a diversified portfolio.

In summary, Thai Beverage, known for its diverse range of branded beverages in Thailand, seems to present an enticing investment opportunity with its favorable Smart Scores. Investors may find the company appealing due to its strong dividend payouts, positive growth prospects, resilience in challenging market conditions, and impressive momentum in the market, highlighting its potential for long-term success and value creation.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars