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Chuwit Farm (2019) Public Company (CFARM) Fair Value & Analysis

Consumer Defensive · TH · Market cap 481M THB

CF Chuwit Farm (2019) Public Company CFARM · BK
Price0.8200 THB
Fair Value0.3936 THB
Upside-52.0%
Quality55/100
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Weak Growth
Thin margins · 5.6% net margin
Low debt · generates free cash flow
2.38% dividend yield
Mixed vs. peers (7/14)
Narrow moat 32/100
Evidence: High Range 0.2952 THB – 0.4920 THB Share as image

Fair value as of: Jul 17, 2026

From 22 valuation models · updated 24 days ago

Fair value updated Jul 17, 2026, revised from 0.3200 THB to 0.3936 THB (+23.0%) since Jul 15, 2026. Share price −2.4% over the past month.

A solid business, but screening 52% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.4920 THB). The favourable scenario is already priced in.
  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (2 years)

2.01 THB 0.5073 THB Fair Value 0.3936 THB Jun 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

26‑month range 0.5073 THB – 2.01 THB · fair‑value band 0.2952 THB – 0.4920 THB · the 0.8200 THB price screens above the 0.3936 THB fair value. Dashed = 300-day average. As of Jul 17, 2026.

Full chart & analysis →

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Analysis

Chuwit Farm (2019) Public Company (CFARM) currently trades at 0.8200 THB, while our model-based Fair Value estimate is 0.3936 THB, implying the stock looks roughly 52.0% overvalued today. The Quality Score stands at 55/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Chuwit Farm (2019) Public Company generated revenue of 213M THB at a net margin of 5.6%. Revenue grew 3.7% year over year. It earns a return on equity of 1.8%. Net debt stands at 1.6M THB. Fundamentals as of Jul 17, 2026

Our scenario range runs from 0.2952 THB (bear case) to 0.4920 THB (bull case); at 0.8200 THB, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 26% below its 52-week high and 56% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 102% fair-value upside, at -52%, CFARM screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 1.00 THB 1.23 THB 1.59 THB 80
Residual Income 0.7500 THB 0.6900 THB 0.4900 THB 76
Rev-Margin DCF 0.6000 THB 0.7000 THB 0.8300 THB 74
All 22 models by family
DCF Models
FCF DCF 0.9700 THB 1.22 THB 1.63 THB 38
Owner Earnings 0.8300 THB 1.04 THB 1.37 THB 31
5Y Revenue Exit 0.6000 THB 0.6800 THB 0.7900 THB 39
5Y EBITDA Exit 1.00 THB 1.37 THB 1.86 THB 41
5Y P/E Exit 0.6600 THB 0.7800 THB 0.9300 THB 38
10Y Revenue Exit 0.7600 THB 0.8300 THB 0.8900 THB 36
10Y EBITDA Exit 0.9800 THB 1.22 THB 1.46 THB 37
10Y P/E Exit 0.7900 THB 0.8900 THB 0.9700 THB 35
Earnings-Based
Graham-Dodd 0.1300 THB 0.1600 THB 0.1700 THB 54
EPV 0.2700 THB 0.2900 THB 0.3000 THB 59
Multiples
P/E Multiple 0.2800 THB 0.3700 THB 0.4700 THB 63
P/S Multiple 0.2400 THB 0.3200 THB 0.4000 THB 58
P/B Multiple 0.2400 THB 0.3200 THB 0.4000 THB 55
EV/EBIT 0.3900 THB 0.4600 THB 0.5300 THB 53
EV/EBITDA 1.16 THB 1.49 THB 1.81 THB 54
EV/Revenue 0.3200 THB 0.3800 THB 0.4400 THB 43
Asset-Based
NCAV (Graham) 0.5800 THB 0.7700 THB 1.15 THB 50
Growth DCF
Growth DCF 1.00 THB 1.23 THB 1.59 THB 80
Rev-Margin DCF 0.6000 THB 0.7000 THB 0.8300 THB 74
Economic Profit
Residual Income 0.7500 THB 0.6900 THB 0.4900 THB 76
ROIC Compounder 0.2700 THB 0.2900 THB 0.3000 THB 72
Growth Earnings
Growth-Adj P/E 0.2000 THB 0.2800 THB 0.3700 THB 68

Widest divergence: DCF Models (0.8900 THB) versus Earnings-Based (0.1600 THB). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 213M THB
Revenue growth (YoY) +3.7%
Net margin 5.6%
Return on equity 1.8%
Free cash flow 57.3M THB FY2025
P/E ratio 40.0
More key figures
Operating margin 11.0%
EPS (TTM) 0.0200 THB
Dividend yield 2.5%
EPS growth (YoY) +139%
Net debt 1.6M THB FY2024

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 60 · Market factors (momentum, volatility) 50

Profitability 19
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 94
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 60
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 51
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Chuwit Farm (2019) Public Company Limited engages in broiler farming business in Thailand. It is involved in contract broiler farming; sale of goods and by-products; and investment in the construction and improvement of poultry houses and farming equipment.

Full company description

Chuwit Farm (2019) Public Company Limited engages in broiler farming business in Thailand. It is involved in contract broiler farming; sale of goods and by-products; and investment in the construction and improvement of poultry houses and farming equipment. Chuwit Farm (2019) Public Company Limited was founded in 2000 and is headquartered in Buriram, Thailand.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Chuwit Farm (2019) Public Company reported revenue of 210M THB in FY2025 versus 225M THB in FY2022, a compound −2.3%/yr. Reported net income was 10.8M THB in FY2025, compounding −21.0%/yr from FY2022.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
210M THB
Latest YoY
−4.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.3%
Revenue −2.3%/yr
FY22 225M THB
FY23 238M THB
FY24 219M THB
FY25 210M THB
Net income −21.0%/yr
FY22 22.0M THB
FY23 30.5M THB
FY24 10.1M THB
FY25 10.8M THB

CFARM screens 52% overvalued. Compare with Muyuan Foods Group →

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Cite: Fair Value Calculator (2026). "Chuwit Farm (2019) Public Company Fair Value". https://www.fairvalue-calculator.com/stock/CFARM

Peer Group

Farm Products · 288 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 55 · Above median
Fair Value upside −52% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets 1% · Below median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 4% · Above median
Dividend yield (TTM) 2.4% · Above median
Debt / equity 0.15× · Higher than median

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 41.5× · Pricier than 75% of peers
P/B 0.72× · Cheaper than median
P/S (TTM) 2.26× · Pricier than 75% of peers
P/FCF 0.3× · Cheaper than median
EV/EBITDA 6.0× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 25
FUTURE 21 · sector 20
PAST 7 · sector 17
HEALTH 92 · sector 94
DIVIDEND 48 · sector 38

VALUE 0: the price sits above our fair-value range.

Insider activity: 30/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Farm Products stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.90 ¥48.19 +18%
Wens Foodstuff Group 300498 ¥14.51 ¥12.08 -17%
Mowi ASA MOWI kr 188.40 kr 262.59 +39%
PT Charoen Pokphand Indonesia Tbk, CPIN 3,120 IDR 7,076 IDR +127%
Charoen Pokphand Foods Public Company CPF 22.00 THB 55.71 THB +153%
PT Triputra Agro Persada Tbk TAPG 1,540 IDR 3,105 IDR +102%
PT FAP Agri Tbk FAPA 7,300 IDR 7,463 IDR +2%
PT Japfa Comfeed Indonesia Tbk JPFA 2,070 IDR 7,231 IDR +249%
Thaifoods Group TFGR 10.60 THB 23.53 THB +122%
PT Jhonlin Agro Raya Tbk JARR 1,845 IDR 610.80 IDR -67%

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Frequently asked questions

Is Chuwit Farm (2019) Public Company (CFARM) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 0.3936 THB versus a price of 0.8200 THB, about −52% (overvalued).
What is the fair value of CFARM?
Our model-based fair value for Chuwit Farm (2019) Public Company is 0.3936 THB (as of Jul 17, 2026), built from audited fundamentals. The current price is 0.8200 THB.
What is the quality score of CFARM?
Chuwit Farm (2019) Public Company has a Quality Score of 55/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Chuwit Farm (2019) Public Company (CFARM)?
Chuwit Farm (2019) Public Company reported trailing-twelve-month revenue of about 213M THB (latest available figure, as of Jul 17, 2026).
What is the net profit margin of CFARM?
The net profit margin of Chuwit Farm (2019) Public Company is about 5.6%, meaning it keeps roughly 5.6% of revenue as net income. Based on the latest reported figures.
Does Chuwit Farm (2019) Public Company pay a dividend?
Chuwit Farm (2019) Public Company currently shows a dividend yield of about 2.53% relative to its recent price (as of Jul 17, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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