Sappe Public Company Limited (SAPPE) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Sappe Public Company Limited THB 29.14, price THB 32.00, upside -8.9%, quality 58 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Sappe Public Company Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 18.95 THB – 94.58 THB · fair‑value band 17.94 THB – 44.79 THB · the 32.00 THB price screens above the 29.14 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Sappe Public Company in your weekly email
Every Wednesday you see whether Sappe Public Company is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Sappe Public Company Limited, together with its subsidiaries, manufactures and distributes health drinking, food, and coconut products in Thailand, Asia, Europe, the United States, and internationally. The company operates through two segments, Health Drinking Products and Coconut Products.
Show more
Sappe Public Company Limited, together with its subsidiaries, manufactures and distributes health drinking, food, and coconut products in Thailand, Asia, Europe, the United States, and internationally. The company operates through two segments, Health Drinking Products and Coconut Products. It offers ready-to-drink fruit juices, functional drinks, functional powders, snacks, supplements, jellies, distribution of candy and coffee products. In addition, the company offers provision of group management service and digital transformation products. The company sells its products under the Mogu Mogu, Sappe Aloe Vera, Maxtive, Preaw, Gumi Gumi Jelly, B'lue, all coco, and Sappe Beauty brand names. The company was formerly known as Sapanan General Food Company Limited and changed its name to Sappe Public Company Limited in September 2013. Sappe Public Company Limited was founded in 1973 and is headquartered in Bangkok, Thailand.
Stock analysis
Sappe Public Company Limited (SAPPE) currently trades at 32.00 THB, while our model-based Fair Value estimate is 29.14 THB, implying the stock looks roughly 9.8% fairly valued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 49.66 THB per share, and 11 of the 26 models we run sit above the 32.00 THB price.
Bear case: the Asset-Based group reads lowest at 9.59 THB, and 15 of the 26 models stay below the price. Evidence for this calculation is low.
Scenario range: 17.94 THB (bear) to 44.79 THB (bull), the price of 32.00 THB sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 58/100 (solid quality), in the Consumer Defensive sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Sappe Public Company Limited reported revenue of 5.3B THB in FY2025 versus 3.4B THB in FY2021, a compound +11.1%/yr. Reported net income was 776M THB in FY2025, compounding +17.2%/yr from FY2021.
Key figures
Market cap 9.8B THB (≈ $294M) · P/E ratio 13.4 · P/S ratio 1.98 · EPS (TTM) 2.39 THB · Dividend yield 5.5% · Net margin 14.8% · Return on equity 16.3% · Return on assets (EBIT) 19.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 13% below its 52-week high and 16% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at 10% fair-value upside, at −9%, SAPPE screens richer than that median.
Fair Value models
Bear 17.94 THBFair Value 29.14 THBBull 44.79 THB
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.4699 THB per share) are deliberately not added.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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.71/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−22.5%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.8%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+10.0%
Start year 2020 (pandemic). Over 10 years: +7.6% a year
Revenue growth 13 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+8.4%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in THB ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in THB: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+19.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+13.8%
Dividend (yield on the price)5.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.14% vs 7%, picking up
Profit margin 2021 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.16% → 16%
Start year 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+21.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+5.3%
Yearly sales growth analysts expect, extended to five years.
After inflation (Thailand: IMF forecast 1.2% a year to 2030, 1.1% from 2016 to 2025) that is about +20.5% a year for the price and +4.0% for the forecasts.
Compare Sappe Public Company Limited with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Beverages - Non-Alcoholic · 91 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score58 · Below median
Fair Value upside−9% · Below median
Profitability
Return on equity (TTM)16% · Above median
Return on assets9% · Above median
Net margin (TTM)13% · Top 25%
Operating margin (TTM)18% · Top 25%
Growth and dividend
Revenue growth12% · Above median
Dividend yield (TTM)5.5% · Top 25%
Valuation Multiplesvs Beverages - Non-Alcoholic median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Sappe Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/SAPPE
Frequently asked questions
Is Sappe Public Company Limited (SAPPE) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 29.14 THB versus a price of 32.00 THB, about −9% upside (fairly valued).
What is the fair value of SAPPE?
Our model-based fair value for Sappe Public Company Limited is 29.14 THB (as of Sep 24, 2026), built from audited fundamentals. The current price: 32.00 THB.
What is the quality score of SAPPE?
Sappe Public Company Limited has a Quality Score of 58/100. 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 price target for Sappe Public Company Limited (SAPPE)?
Our model-based price target is the fair value of 29.14 THB (as of Sep 24, 2026) from 26 valuation models. Cautious scenario 17.94 THB, optimistic scenario 44.79 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the Sappe Public Company Limited stock forecast for 2026?
Our models put fair value at 29.14 THB, about −9% upside versus a price of 32.00 THB (fairly valued). Cautious scenario 17.94 THB, optimistic scenario 44.79 THB. The calculation is refreshed regularly with new filings.
What is the revenue of Sappe Public Company Limited (SAPPE)?
Sappe Public Company Limited reported trailing-twelve-month revenue of about 5.5B THB (latest available figure, as of Sep 24, 2026).
Does Sappe Public Company Limited pay a dividend?
Sappe Public Company Limited currently shows a dividend yield of about 5.47% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Sappe Public Company Limited (SAPPE)?
For today's price to be fair in a discounted-cash-flow model, Sappe Public Company Limited would have to grow free cash flow by +21.9 % per year for five years (discount rate 13.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +10.0 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of SAPPE use?
Our models discount Sappe Public Company Limited at 13.1 %: a base by market capitalisation (small), country premium for Thailand. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Sappe Public Company Limited that is +21.9 % per year a year over ten years, using the same discount rate (13.1 %) and the same formula as our fair value.
How much growth has Sappe Public Company Limited (SAPPE) delivered so far?
Over the past 5 years revenue at Sappe Public Company Limited grew +10.0 % a year. The price currently implies +21.9 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Sappe Public Company Limited (SAPPE) growing?
The median revenue growth in the sector is +2.9 % a year. That is the yardstick for the growth priced into Sappe Public Company Limited (+21.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Sappe Public Company Limited (SAPPE)?
The free-cash-flow yield on the price is 3.49 %: that much free cash flow Sappe Public Company Limited produces per unit of market value. When it exceeds the discount rate of our models (13.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Sappe Public Company Limited (SAPPE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sappe Public Company Limited it is 29.14 THB per share (as of Sep 24, 2026), against a price of 32.00 THB. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Sappe Public Company Limited stock overvalued or undervalued in 2026?
As of Sep 24, 2026, SAPPE trades above its calculated fair value: price 32.00 THB, fair value 29.14 THB, a gap of about −9% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SAPPE?
No. The price is what the market pays today (32.00 THB); the fair value is what the company's own numbers justify (29.14 THB). For Sappe Public Company Limited the two are 2.86 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is Sappe Public Company Limited worth?
The market values Sappe Public Company Limited at about 9.8B THB (market capitalisation, as of Sep 24, 2026). Per share that is 32.00 THB; our models calculate a fair value of 29.14 THB per share.
What do the bullish and bearish scenarios say about SAPPE?
Our models span a range for Sappe Public Company Limited: cautious scenario 17.94 THB, base 29.14 THB, optimistic 44.79 THB per share (as of Sep 24, 2026, price 32.00 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SAPPE?
Sappe Public Company Limited trades at a price-to-earnings ratio of 13.4 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 29.14 THB is built from several models across several years. Other multiples: PEG 0.6, P/B 2.3, P/S 1.8, EV/EBITDA 7.9.
What is the PEG ratio of SAPPE?
The PEG ratio of Sappe Public Company Limited is 0.62 (P/E divided by earnings growth, as of Sep 24, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Sappe Public Company Limited (SAPPE)?
Balance-sheet figures for Sappe Public Company Limited (as of Sep 24, 2026): return on equity 16.3%. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is SAPPE from its 52-week high?
Sappe Public Company Limited trades at 32.00 THB, about 13% below its 52-week high of 36.82 THB and 16% above the low of 27.61 THB (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 29.14 THB is for.
Which stocks are comparable to Sappe Public Company Limited?
From the same area (Consumer Defensive) we also value The Coca-Cola Company, PepsiCo, Inc, Monster Beverage Corporation, Nongfu Spring Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Sappe Public Company Limited stock attractive at the current price?
The data as of Sep 24, 2026: price 32.00 THB, calculated fair value 29.14 THB (−9%), Quality Score 58/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SAPPE calculated?
We run Sappe Public Company Limited through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 29.14 THB, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0 % above its aggregate fair value. Sappe Public Company Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Sappe Public Company Limited (SAPPE)?
The closing price on Sep 24, 2026 was 32.00 THB. Our model-based fair value is 29.14 THB, about −9% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sappe Public Company Limited right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (17.94 THB to 44.79 THB) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Where does the earnings growth of Sappe Public Company Limited (SAPPE) come from?
Earnings per share at Sappe Public Company Limited grew +11.8 % a year from 2014 to 2025. Broken into its drivers: revenue per share +8.7 %, EBIT margin +2.7 %, tax rate +0.1 %, residual (interest, one-offs) +0.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Sappe Public Company Limited
How large is the market capitalisation of Sappe Public Company Limited (SAPPE)?
The market capitalisation of Sappe Public Company Limited is 9.8B THB (≈ $294M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Sappe Public Company Limited (SAPPE)?
The price-to-sales ratio of Sappe Public Company Limited is 1.98 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Sappe Public Company Limited (SAPPE)?
Earnings per share at Sappe Public Company Limited are 2.39 THB (price ÷ EPS = P/E 13.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Sappe Public Company Limited (SAPPE)?
The dividend yield of Sappe Public Company Limited is 5.5% (payout 73.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Sappe Public Company Limited (SAPPE)?
The net margin of Sappe Public Company Limited is 14.8% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Sappe Public Company Limited (SAPPE)?
The return on equity (ROE) of Sappe Public Company Limited is 16.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Sappe Public Company Limited (SAPPE)?
On an EBIT basis the return on assets of Sappe Public Company Limited is 19.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Sappe Public Company Limited (SAPPE)?
The operating margin of Sappe Public Company Limited is 17.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sappe Public Company Limited (SAPPE)?
Revenue at Sappe Public Company Limited is growing +11.7% versus a year earlier (3y avg +4.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Sappe Public Company Limited (SAPPE)?
Earnings per share at Sappe Public Company Limited are growing −18.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Sappe Public Company Limited (SAPPE) hold?
Sappe Public Company Limited holds more cash than debt, 582M THB net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Sappe Public Company Limited in the live analysis
One click puts Sappe Public Company Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
