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Srinanaporn Marketing Public Company (SNNP) Fair Value & Analysis

Consumer Defensive · TH · Market cap 6.2B THB

SM Srinanaporn Marketing Public Company SNNP · BK
Price7.05 THB
Fair Value6.31 THB
Upside-10.5%
Quality56/100
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Expensive Growth
Thin margins · 7.5% net margin
Low debt · negative free cash flow
8.69% dividend yield
Mixed vs. peers (8/14)
Moderate moat 47/100
Evidence: Medium Range 5.27 THB – 9.43 THB Share as image

Fair value as of: Jul 11, 2026

From 15 valuation models · updated 30 days ago

Share price +2.2% over the past month.

A solid business, but screening 11% overvalued on our models.

What matters now

  • Our model range runs from 5.27 THB (bear) to 9.43 THB (bull), base 6.31 THB. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 56/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

22.96 THB 6.45 THB Fair Value 6.31 THB Jul 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range 6.45 THB – 22.96 THB · fair‑value band 5.27 THB – 9.43 THB · the 7.05 THB price screens above the 6.31 THB fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Srinanaporn Marketing Public Company (SNNP) currently trades at 7.05 THB, while our model-based Fair Value estimate is 6.31 THB, implying the stock looks roughly 10.5% overvalued today. The Quality Score stands at 56/100 (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: medium).

Over the trailing twelve months, Srinanaporn Marketing Public Company generated revenue of 5.4B THB at a net margin of 7.5%. Revenue declined 14.1% year over year. It earns a return on equity of 13.6%. Net debt stands at 2.1B THB. Fundamentals as of Jul 11, 2026

Our scenario range runs from 5.27 THB (bear case) to 9.43 THB (bull case); at 7.05 THB, the current price sits within 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 28% below its 52-week high and 12% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at -11%, SNNP 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
Residual Income 3.41 THB 4.11 THB 9.43 THB 76
ROIC Compounder 5.03 THB 6.03 THB 7.11 THB 72
Gordon GGM 5.27 THB 6.31 THB 7.42 THB 70
All 15 models by family
DCF Models
Owner Earnings 4.42 THB 5.98 THB 9.06 THB 31
Earnings-Based
Graham-Dodd 3.92 THB 6.32 THB 7.62 THB 54
EPV 4.96 THB 5.80 THB 6.54 THB 59
Dividend Discount
Gordon GGM 5.27 THB 6.31 THB 7.42 THB 70
DDM Multi-Stage 5.27 THB 6.90 THB 8.87 THB 61
Multiples
P/E Multiple 9.07 THB 12.09 THB 15.12 THB 63
P/S Multiple 7.34 THB 9.79 THB 12.24 THB 58
P/B Multiple 7.34 THB 9.79 THB 12.24 THB 55
EV/EBIT 8.86 THB 11.95 THB 15.05 THB 53
EV/EBITDA 8.47 THB 11.43 THB 14.40 THB 54
EV/Revenue 6.14 THB 8.95 THB 11.76 THB 43
Asset-Based
NCAV (Graham) 1.35 THB 1.80 THB 2.69 THB 50
Economic Profit
Residual Income 3.41 THB 4.11 THB 9.43 THB 76
ROIC Compounder 5.03 THB 6.03 THB 7.11 THB 72
Growth Earnings
Growth-Adj P/E 6.41 THB 9.15 THB 11.90 THB 68

Widest divergence: Multiples (9.79 THB) versus Asset-Based (1.80 THB). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 5.4B THB
Revenue growth (YoY) -14.1%
Net margin 7.5%
Return on equity 13.6%
Free cash flow −23.1M THB FY2025
P/E ratio 14.3
More key figures
Operating margin 6.9%
EPS (TTM) 0.4600 THB
Dividend yield 9.0%
EPS growth (YoY) -63.3%
Net debt 2.1B THB FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 53 · Market factors (momentum, volatility) 44

Profitability 60
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 88
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 100
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

Srinanaporn Marketing Public Company Limited engages in the manufacture and distribution of snacks and beverages in Thailand. The company provides technical and administrative services.

Full company description

Srinanaporn Marketing Public Company Limited engages in the manufacture and distribution of snacks and beverages in Thailand. The company provides technical and administrative services. It also offers ready to drink jellies and carrageenan jelly products under the Jele, Daiyamoto, Cooly Kool, and Magic Farm brand names; other beverage products, such as grass jelly in syrup, coconut juice with coconut jelly, and vitamins water under the Magic Farm Fresh and Jele brand names; and fruit juice mixed with coconut jelly under the Magic X brand. In addition, the company provides baked squids, squid strips, and fish strips under the Bento brand name; molded snack products and bread sticks under the Dok Bua and Lotus brand names; wafer and biscuit products under the Chocky and Bakery House brand names; and animal-based products under the Dok Bua brand name. Further, it engages in the real estate business. The company offers its products through online. It also exports its products. Srinanaporn Marketing Public Company Limited was founded in 1972 and is headquartered in Bangkok, Thailand.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Srinanaporn Marketing Public Company reported revenue of 5.6B THB in FY2025 versus 4.4B THB in FY2021, a compound +6.6%/yr. Reported net income was 518M THB in FY2025, compounding +4.3%/yr from FY2021.

Growth Quality 36/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
5.6B THB
Latest YoY
−5.4%
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.
+0.4%
Avg. growth/yr (5Y) 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.
+5.1%
Avg. growth/yr (8Y) 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.
+1.4%
Revenue +6.6%/yr
FY21 4.4B THB
FY22 5.6B THB
FY23 6.0B THB
FY24 5.9B THB
FY25 5.6B THB
Net income +4.3%/yr
FY21 437M THB
FY22 516M THB
FY23 636M THB
FY24 651M THB
FY25 518M THB

SNNP screens 11% overvalued. Compare with Nestlé India Limited →

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Cite: Fair Value Calculator (2026). "Srinanaporn Marketing Public Company Fair Value". https://www.fairvalue-calculator.com/stock/SNNP

Peer Group

Packaged Foods · 649 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 56 · Above median
Fair Value upside −11% · Below median
Return on equity (TTM) 14% · Above median
Return on assets 6% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth -14% · Bottom 25%
Dividend yield (TTM) 8.7% · Top 25%
Debt / equity 0.21× · Higher than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 14.9× · Cheaper than median
P/B 2.55× · Pricier than median
P/S (TTM) 1.13× · Pricier than median
EV/EBITDA 9.5× · Pricier than median
PEG 0.46× · Cheaper than 75% of peers

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 19 · sector 28
FUTURE 0 · sector 20
PAST 55 · sector 27
HEALTH 89 · sector 96
DIVIDEND 100 · sector 47

Insider activity: 45/100

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 Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%

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Frequently asked questions

Is Srinanaporn Marketing Public Company (SNNP) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 6.31 THB versus a price of 7.05 THB, about −11% (overvalued).
What is the fair value of SNNP?
Our model-based fair value for Srinanaporn Marketing Public Company is 6.31 THB (as of Jul 11, 2026), built from audited fundamentals. The current price is 7.05 THB.
What is the quality score of SNNP?
Srinanaporn Marketing Public Company has a Quality Score of 56/100. 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 Srinanaporn Marketing Public Company (SNNP)?
Srinanaporn Marketing Public Company reported trailing-twelve-month revenue of about 5.4B THB (latest available figure, as of Jul 11, 2026).
What is the net profit margin of SNNP?
The net profit margin of Srinanaporn Marketing Public Company is about 7.5%, meaning it keeps roughly 7.5% of revenue as net income. Based on the latest reported figures.
Does Srinanaporn Marketing Public Company pay a dividend?
Srinanaporn Marketing Public Company currently shows a dividend yield of about 9.02% relative to its recent price (as of Jul 11, 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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