Thai President Foods Public Company Limited (TFMAMA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Thai President Foods Public Company Limited stock THB 161, price THB 181, that is 11.0% below the price, quality 62 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 7, 2026.
How to read this chart
60‑month range 171.52 THB – 224.65 THB · fair‑value band 110.23 THB – 227.85 THB · the 180.50 THB price screens above the 160.56 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Thai President Foods Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of instant noodles, semi-instant foods, and biscuits products in Thailand and internationally.
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It also offers fruit juices, wheat flour-related, and bakery products; and manufactures and distributes paper packaging and packaging printing products, as well as provides packaging services for consumable products.
In addition, the company is involved in the real estate investment and lending business; restaurant and drink business; and trading in rice bran. Thai President Foods Public Company Limited was founded in 1972 and is headquartered in Bangkok, Thailand.
Stock analysis
Thai President Foods Public Company Limited (TFMAMA) currently trades at 180.50 THB, while our model-based Fair Value estimate is 160.56 THB, 11% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 213.26 THB per share, and 9 of the 26 models we run sit above the 180.50 THB price.
Bear case: the Asset-Based group reads lowest at 50.56 THB, and 17 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 110.23 THB (bear) to 227.85 THB (bull), the price of 180.50 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 62/100 (solid quality), in the Consumer Defensive sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Thai President Foods Public Company Limited reported revenue of 27.6B THB in FY2025 versus 24.5B THB in FY2021, a compound +3.1%/yr. Reported net income was 3.7B THB in FY2025, compounding +0.9%/yr from FY2021.
Key figures
Market cap 59.5B THB (≈ $1.8B) Small · P/E ratio 16.5 · P/S ratio 2.82 · EPS (TTM) 10.96 THB · Dividend yield 2.5% · Net margin 13.4% · Return on equity 9.6% · Return on assets (EBIT) 10.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 55 out of 100 (low confidence).
What moves the price
The share trades about 5% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −1% fair-value upside, at −11%, TFMAMA screens richer than that median.
Fair Value models
Bear110.23 THBFair Value 160.56 THBBull227.85 THB
Price 180.50 THB · Downside -11.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (5.56 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.63/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−6.6%
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.
+1.4%
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.
+3.2%
Start year 2020 (pandemic). Over 10 years: +9.0% a year
Revenue growth 25 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.
+7.6%
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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.
+1.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−1.2%
Dividend (yield on the price)2.5%
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.−1.2% vs 0.6%, steady
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.23% → 16%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far.
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).
+0.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Thailand: IMF forecast 1.2% a year to 2030, 1.1% from 2016 to 2025) that is about −0.5% a year for the price.
Compare Thai President Foods Public Company Limited with another stock
Price, fair value, quality and upside side by side.
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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.Packaged Foods · 627 stocks
Beats the industry median on 7/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score62 · Above median
Fair Value upside−11.0% · Below median
Profitability
Return on equity (12 months)9.6% · Above median
Return on assets9.2% · Top 25%
Net margin (12 months)17.1% · Top 25%
Operating margin (12 months)16.6% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−3.4% · Bottom 25%
Dividend yield (12 months)2.5% · Below median
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Packaged Foods median · lower = cheaper
P/E (12 months)16.5× · Pricier than median
P/B1.64× · Pricier than median
P/S (12 months)2.82× · Priciest 25%
Price / free cash flow (fiscal year)18.6× · Pricier than median
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). "Thai President Foods Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/TFMAMA
Frequently asked questions
Is Thai President Foods Public Company Limited (TFMAMA) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 160.56 THB versus a price of 180.50 THB, about 11% lower (overvalued).
What is the fair value of TFMAMA?
Our model-based fair value for Thai President Foods Public Company Limited is 160.56 THB (as of Nov 7, 2026), built from audited fundamentals. The current price: 180.50 THB.
What is the quality score of TFMAMA?
Thai President Foods Public Company Limited has a Quality Score of 62/100. 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 Thai President Foods Public Company Limited (TFMAMA)?
Our model-based price target is the fair value of 160.56 THB (as of Nov 7, 2026) from 26 valuation models. Cautious scenario 110.23 THB, optimistic scenario 227.85 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the Thai President Foods Public Company Limited stock forecast for 2026?
Our models put fair value at 160.56 THB, about 11% lower versus a price of 180.50 THB (overvalued). Cautious scenario 110.23 THB, optimistic scenario 227.85 THB. The calculation is refreshed regularly with new filings.
What is the revenue of Thai President Foods Public Company Limited (TFMAMA)?
Thai President Foods Public Company Limited reported trailing-twelve-month revenue of about 26.9B THB (latest available figure, as of Nov 7, 2026).
Does Thai President Foods Public Company Limited pay a dividend?
Thai President Foods Public Company Limited currently shows a dividend yield of 2.47% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Thai President Foods Public Company Limited (TFMAMA) and when is the ex-dividend date?
Thai President Foods Public Company Limited pays a dividend of 4.45 THB per share a year, a dividend yield of 2.5%. The last ex-dividend date was Oct 1, 2026. A dividend has been paid every year since at least 2018. The payout ratio is 40.6% of earnings. Free cash flow covers the dividend 2.77 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Thai President Foods Public Company Limited (TFMAMA)?
For today's price to be fair in a discounted-cash-flow model, Thai President Foods Public Company Limited would have to grow free cash flow by +0.7 % 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 +3.2 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of TFMAMA use?
Our models discount Thai President Foods Public Company Limited at 11.6 %: a base by market capitalisation (small), damped by beta 0.03, 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 Thai President Foods Public Company Limited that is +0.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has Thai President Foods Public Company Limited (TFMAMA) delivered so far?
Over the past 5 years revenue at Thai President Foods Public Company Limited grew +3.2 % a year. The price currently implies free-cash-flow growth of +0.7 % per 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 Thai President Foods Public Company Limited (TFMAMA) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Thai President Foods Public Company Limited (+0.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Thai President Foods Public Company Limited (TFMAMA)?
The free-cash-flow yield on the price is 6.84 %: that much free cash flow Thai President Foods 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 Thai President Foods Public Company Limited (TFMAMA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Thai President Foods Public Company Limited it is 160.56 THB per share (as of Nov 7, 2026), against a price of 180.50 THB. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Thai President Foods Public Company Limited stock overvalued or undervalued in 2026?
As of Nov 7, 2026, TFMAMA trades above its calculated fair value: price 180.50 THB, fair value 160.56 THB, a gap of about −11% (overvalued). 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 TFMAMA?
No. The price is what the market pays today (180.50 THB); the fair value is what the company's own numbers justify (160.56 THB). For Thai President Foods Public Company Limited the two are 19.94 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is Thai President Foods Public Company Limited worth?
The market values Thai President Foods Public Company Limited at about 59.5B THB (market capitalisation, as of Nov 7, 2026). Per share that is 180.50 THB; our models calculate a fair value of 160.56 THB per share.
What do the bullish and bearish scenarios say about TFMAMA?
Our models span a range for Thai President Foods Public Company Limited: cautious scenario 110.23 THB, base 160.56 THB, optimistic 227.85 THB per share (as of Nov 7, 2026, price 180.50 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TFMAMA?
Thai President Foods Public Company Limited trades at a price-to-earnings ratio of 16.5 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 160.56 THB is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 16.4. Other multiples: PEG 0.7, P/B 1.6, P/S 2.8, EV/EBITDA 12.2.
What is the PEG ratio of TFMAMA?
The PEG ratio of Thai President Foods Public Company Limited is 0.68 (P/E divided by earnings growth, as of Nov 7, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Thai President Foods Public Company Limited (TFMAMA)?
Balance-sheet figures for Thai President Foods Public Company Limited (as of Nov 7, 2026): return on equity 9.6%, debt of 0.00 per unit of equity. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is TFMAMA from its 52-week high?
Thai President Foods Public Company Limited trades at 180.50 THB, about 5% below its 52-week high of 190.38 THB and at the low of 180.00 THB (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 160.56 THB is for.
Which stocks are comparable to Thai President Foods Public Company Limited?
From the same area (Consumer Defensive) we also value Nestlé S.A, Danone S.A, Foshan Haitian Flavouring and Food Company, The Kraft Heinz Company, 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 Thai President Foods Public Company Limited stock attractive at the current price?
The data as of Nov 7, 2026: price 180.50 THB, calculated fair value 160.56 THB (−11%), Quality Score 62/100, 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 TFMAMA calculated?
We run Thai President Foods Public Company Limited through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 160.56 THB builds on their evidence-weighted average, 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. Thai President Foods 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 Thai President Foods Public Company Limited (TFMAMA)?
The closing price on Nov 6, 2026 was 180.50 THB. Our model-based fair value is 160.56 THB, about 11% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Thai President Foods Public Company Limited right now?
A fairly wide model range (110.23 THB to 227.85 THB) leaves room in how you read the outcome. The price sits in the upper half of our model range, so the margin of safety is thin. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of Thai President Foods Public Company Limited (TFMAMA) come from?
Earnings per share at Thai President Foods Public Company Limited grew +1.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +2.9 %, EBIT margin +1.8 %, tax rate −1.2 %, residual (interest, one-offs) −2.0 %. 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 Thai President Foods Public Company Limited
How large is the market capitalisation of Thai President Foods Public Company Limited (TFMAMA)?
The market capitalisation of Thai President Foods Public Company Limited is 59.5B 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 Thai President Foods Public Company Limited (TFMAMA)?
The price-to-sales ratio of Thai President Foods Public Company Limited is 2.82 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Thai President Foods Public Company Limited (TFMAMA)?
Earnings per share at Thai President Foods Public Company Limited are 10.96 THB (price ÷ EPS = P/E 16.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Thai President Foods Public Company Limited (TFMAMA)?
The dividend yield of Thai President Foods Public Company Limited is 2.5% (payout 40.6%). 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 Thai President Foods Public Company Limited (TFMAMA)?
The net margin of Thai President Foods Public Company Limited is 13.4% (last twelve months). 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 Thai President Foods Public Company Limited (TFMAMA)?
The return on equity (ROE) of Thai President Foods Public Company Limited is 9.6% (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 Thai President Foods Public Company Limited (TFMAMA)?
On an EBIT basis the return on assets of Thai President Foods Public Company Limited is 10.6% (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 Thai President Foods Public Company Limited (TFMAMA)?
The operating margin of Thai President Foods Public Company Limited is 16.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Thai President Foods Public Company Limited (TFMAMA)?
Revenue at Thai President Foods Public Company Limited is growing −3.4% versus a year earlier (3y avg +1.4%). 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 Thai President Foods Public Company Limited (TFMAMA)?
Earnings per share at Thai President Foods Public Company Limited are growing +0.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Thai President Foods Public Company Limited (TFMAMA) hold?
Thai President Foods Public Company Limited holds more cash than debt, 6.0B THB net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 7, 2026