Thaifoods Group Public Company Limited (TFG) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Thaifoods Group Public Company Limited THB 9.94, price THB 9.95, upside -0.1%, quality 76 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Thaifoods Group 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 2.49 THB – 11.20 THB · fair‑value band 6.82 THB – 17.59 THB · the 9.95 THB price screens above the 9.94 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.
Follow Thaifoods Group Public Company in your weekly email
Every Wednesday you see whether Thaifoods Group 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.
Thaifoods Group Public Company Limited, together with its subsidiaries, engages in the production and distribution of chicken and swine products in Thailand, Vietnam, Japan, and internationally. It operates through five segments: Poultry Business, Swine Business, Feed Mill Business, Retail Business, and Other Businesses.
Show more
Thaifoods Group Public Company Limited, together with its subsidiaries, engages in the production and distribution of chicken and swine products in Thailand, Vietnam, Japan, and internationally. It operates through five segments: Poultry Business, Swine Business, Feed Mill Business, Retail Business, and Other Businesses. The company offers frozen chicken products; and processed foods, including jumbo cheese, chicken hotdog cheese, footlong chicken, chicken cocktail cheese, chicken garlic, cheese, smoked chicken, smoked crispy chicken, and jumbo smoked chicken sausages; chili chicken and chicken yor roll, chili chicken and chicken yor slide, chili bologna, bolognas, chicken meatball with crab stick, chicken tendon meat ball, and chicken meatball with seaweed. It also provides pork products comprising collar, shoulder, knuckle, spare rib, ham, tenderloin, belly, and head; and feed products. In addition, the company is involved in production and distribution of broiler chick, and sauce and seasoning products; research of cattle disease; manufacturing of vaccine, sack, and plastic sack; retail and real estate development businesses, as well as construction business and related services; breeding and distribution of pets; production and distribution of renewable energy; and operates as a consulting and service provider for logistics software. Further, it provides credit and leasing; and asset management services. Thaifoods Group Public Company Limited was founded in 1987 and is based in Bangkok, Thailand.
Stock analysis
Thaifoods Group Public Company Limited (TFG) currently trades at 9.95 THB, while our model-based Fair Value estimate is 9.94 THB, implying the stock looks roughly 0.1% fairly valued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 33.92 THB per share, and 22 of the 26 models we run sit above the 9.95 THB price.
Bear case: the Asset-Based group reads lowest at 2.27 THB, and 4 of the 26 models stay below the price. Evidence for this calculation is low.
Scenario range: 6.82 THB (bear) to 17.59 THB (bull), the price of 9.95 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 76/100 (high quality), in the Consumer Defensive sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Thaifoods Group Public Company Limited reported revenue of 72.8B THB in FY2025 versus 34.8B THB in FY2021, a compound +20.2%/yr. Reported net income was 7.4B THB in FY2025, compounding +90.8%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 58.9B THB (≈ $1.8B) · P/E ratio 8.0 · P/S ratio 0.81 · EPS (TTM) 1.25 THB · Dividend yield 7.1% · Net margin 10.2% · Return on equity 36.6% · Return on assets (EBIT) 9.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 146% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −19% fair-value upside, at 0%, TFG screens cheaper than that median.
Fair Value models
Bear 6.82 THBFair Value 9.94 THBBull 17.59 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 (0.3950 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.80/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+11.2%
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.
+11.6%
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.
+18.4%
Start year 2020 (pandemic). Over 10 years: +15.4% a year
Revenue growth 14 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.
+18.0%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in THB (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+35.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+28.7%
Dividend (yield on the price)7.1%
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.37% vs 16%, picking up
Profit margin 2020 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.12% → 13%
2025 sits 83% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less 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).
−5.7%
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.
+9.1%
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 −6.8% a year for the price and +7.8% for the forecasts.
Compare Thaifoods Group 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.Farm Products · 297 stocks
Beats the industry median on 9/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score76 · Top 25%
Fair Value upside0% · Below median
Profitability
Return on equity (TTM)37% · Top 25%
Return on assets12% · Top 25%
Net margin (TTM)10% · Top 25%
Operating margin (TTM)13% · Above median
Growth and dividend
Revenue growth−1% · Below median
Dividend yield (TTM)7.1% · Top 25%
Balance sheet
Debt / equity0.21× · Above median
Valuation Multiplesvs Farm Products 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). "Thaifoods Group Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/TFG
Frequently asked questions
Is Thaifoods Group Public Company Limited (TFG) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 9.94 THB versus a price of 9.95 THB, about −0% upside (fairly valued).
What is the fair value of TFG?
Our model-based fair value for Thaifoods Group Public Company Limited is 9.94 THB (as of Sep 24, 2026), built from audited fundamentals. The current price: 9.95 THB.
What is the quality score of TFG?
Thaifoods Group Public Company Limited has a Quality Score of 76/100. 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 Thaifoods Group Public Company Limited (TFG)?
Our model-based price target is the fair value of 9.94 THB (as of Sep 24, 2026) from 26 valuation models. Cautious scenario 6.82 THB, optimistic scenario 17.59 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the Thaifoods Group Public Company Limited stock forecast for 2026?
Our models put fair value at 9.94 THB, about −0% upside versus a price of 9.95 THB (fairly valued). Cautious scenario 6.82 THB, optimistic scenario 17.59 THB. The calculation is refreshed regularly with new filings.
What is the revenue of Thaifoods Group Public Company Limited (TFG)?
Thaifoods Group Public Company Limited reported trailing-twelve-month revenue of about 72.9B THB (latest available figure, as of Sep 24, 2026).
Does Thaifoods Group Public Company Limited pay a dividend?
Thaifoods Group Public Company Limited currently shows a dividend yield of about 7.14% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Thaifoods Group Public Company Limited (TFG)?
For today's price to be fair in a discounted-cash-flow model, Thaifoods Group Public Company Limited would have to grow free cash flow by -5.7 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +18.4 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of TFG use?
Our models discount Thaifoods Group Public Company Limited at 11.6 %: a base by market capitalisation (small), damped by beta 0.10, 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 Thaifoods Group Public Company Limited that is -5.7 % per year a year over ten years, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has Thaifoods Group Public Company Limited (TFG) delivered so far?
Over the past 5 years revenue at Thaifoods Group Public Company Limited grew +18.4 % a year. The price currently implies -5.7 % 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 Thaifoods Group Public Company Limited (TFG) growing?
The median revenue growth in the sector is +2.8 % a year. That is the yardstick for the growth priced into Thaifoods Group Public Company Limited (-5.7 % 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 Thaifoods Group Public Company Limited (TFG)?
The free-cash-flow yield on the price is 16.53 %: that much free cash flow Thaifoods Group Public Company Limited produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Thaifoods Group Public Company Limited (TFG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Thaifoods Group Public Company Limited it is 9.94 THB per share (as of Sep 24, 2026), against a price of 9.95 THB. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Thaifoods Group Public Company Limited stock overvalued or undervalued in 2026?
As of Sep 24, 2026, TFG trades above its calculated fair value: price 9.95 THB, fair value 9.94 THB, a gap of about −0% (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 TFG?
No. The price is what the market pays today (9.95 THB); the fair value is what the company's own numbers justify (9.94 THB). For Thaifoods Group Public Company Limited the two are 0.0060 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is Thaifoods Group Public Company Limited worth?
The market values Thaifoods Group Public Company Limited at about 58.9B THB (market capitalisation, as of Sep 24, 2026). Per share that is 9.95 THB; our models calculate a fair value of 9.94 THB per share.
What do the bullish and bearish scenarios say about TFG?
Our models span a range for Thaifoods Group Public Company Limited: cautious scenario 6.82 THB, base 9.94 THB, optimistic 17.59 THB per share (as of Sep 24, 2026, price 9.95 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TFG?
Thaifoods Group Public Company Limited trades at a price-to-earnings ratio of 8.0 (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 9.94 THB is built from several models across several years. Other multiples: PEG 4.0, P/B 2.9, P/S 0.8, EV/EBITDA 4.4.
What is the PEG ratio of TFG?
The PEG ratio of Thaifoods Group Public Company Limited is 4.02 (P/E divided by earnings growth, as of Sep 24, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Thaifoods Group Public Company Limited (TFG)?
Balance-sheet figures for Thaifoods Group Public Company Limited (as of Sep 24, 2026): return on equity 36.6%, debt of 0.21 per unit of equity. They feed the Quality Score of 76/100, which measures business quality independently of the share price.
How far is TFG from its 52-week high?
Thaifoods Group Public Company Limited trades at 9.95 THB, about 11% below its 52-week high of 11.20 THB and 146% above the low of 4.04 THB (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 9.94 THB is for.
Which stocks are comparable to Thaifoods Group Public Company Limited?
From the same area (Consumer Defensive) we also value Archer-Daniels-Midland Company, Muyuan Foods Group, Bunge Global SA, Tyson Foods, Inc, 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 Thaifoods Group Public Company Limited stock attractive at the current price?
The data as of Sep 24, 2026: price 9.95 THB, calculated fair value 9.94 THB (−0%), Quality Score 76/100, 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 TFG calculated?
We run Thaifoods Group 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 9.94 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 14.1 % above its aggregate fair value. Thaifoods Group 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 Thaifoods Group Public Company Limited (TFG)?
The closing price on Sep 23, 2026 was 9.95 THB. Our model-based fair value is 9.94 THB, about −0% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Thaifoods Group 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 (6.82 THB to 17.59 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 Thaifoods Group Public Company Limited (TFG) come from?
Earnings per share at Thaifoods Group Public Company Limited grew +13.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +10.8 %, EBIT margin +2.6 %, tax rate −1.0 %, residual (interest, one-offs) +0.5 %. 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 Thaifoods Group Public Company Limited
How large is the market capitalisation of Thaifoods Group Public Company Limited (TFG)?
The market capitalisation of Thaifoods Group Public Company Limited is 58.9B THB (≈ $1.8B). 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 Thaifoods Group Public Company Limited (TFG)?
The price-to-sales ratio of Thaifoods Group Public Company Limited is 0.81 (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 Thaifoods Group Public Company Limited (TFG)?
Earnings per share at Thaifoods Group Public Company Limited are 1.25 THB (price ÷ EPS = P/E 8.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Thaifoods Group Public Company Limited (TFG)?
The dividend yield of Thaifoods Group Public Company Limited is 7.1% (payout 56.8%). 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 Thaifoods Group Public Company Limited (TFG)?
The net margin of Thaifoods Group Public Company Limited is 10.2% (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 Thaifoods Group Public Company Limited (TFG)?
The return on equity (ROE) of Thaifoods Group Public Company Limited is 36.6% (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 Thaifoods Group Public Company Limited (TFG)?
On an EBIT basis the return on assets of Thaifoods Group Public Company Limited is 9.9% (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 Thaifoods Group Public Company Limited (TFG)?
The operating margin of Thaifoods Group Public Company Limited is 13.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Thaifoods Group Public Company Limited (TFG)?
Revenue at Thaifoods Group Public Company Limited is growing −0.8% versus a year earlier (3y avg +11.6%). 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 Thaifoods Group Public Company Limited (TFG)?
Earnings per share at Thaifoods Group Public Company Limited are growing −2.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Thaifoods Group Public Company Limited (TFG) carry?
The net debt of Thaifoods Group Public Company Limited is 18.0B THB (fiscal year 2025, ≈ 1.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Thaifoods Group Public Company Limited in the live analysis
One click puts Thaifoods Group 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.
