TBVPF (Thai Beverage) EV-to-EBIT: 11.47 (As of Jul. 26, 2026) — 24% Below Median

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TBVPF Thai Beverage PLC TBVPF
60 GF Score
Price $0.34
GF Value $0.39
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Thai Beverage EV-to-EBIT?

Thai Beverage TBVPF 60 EV-to-EBIT is 11.47 as of Jul. 26, 2026, which is 24% below its 10-year median of 15.00. GuruFocus rates TBVPF with a GF Score™ of 60/100 and a GF Value™ of $0.39 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 163 Beverages - Alcoholic companies, Thai Beverage ranks better than 60.12% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thai Beverage's Enterprise Value is $16,875 Mil. Thai Beverage's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,471 Mil. Therefore, Thai Beverage's EV-to-EBIT for today is 11.47.

The historical rank and industry rank for Thai Beverage's EV-to-EBIT or its related term are showing as below:

TBVPF' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.22   Med: 15   Max: 27.55
Current: 11.57

During the past 13 years, the highest EV-to-EBIT of Thai Beverage was 27.55. The lowest was 10.22. And the median was 15.00.

TBVPF's EV-to-EBIT is ranked better than
60.12% of 163 companies
in the Beverages - Alcoholic industry
Industry Median: 13.81 vs TBVPF: 11.57

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Thai Beverage's Enterprise Value for the quarter that ended in Mar. 2026 was $16,905 Mil. Thai Beverage's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,471 Mil. Thai Beverage's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.70%.


Thai Beverage  (OTCPK:TBVPF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Thai Beverage's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=1470.977/16905.2132632
=8.70 %

Thai Beverage's Enterprise Value for the quarter that ended in Mar. 2026 was $16,905 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Thai Beverage's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,471 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Thai Beverage EV-to-EBIT Related Terms


Thai Beverage EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Thai Beverage's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thai Beverage EV-to-EBIT Chart

Thai Beverage Annual Data
Trend Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.20 12.98 13.80 11.90 11.93

Thai Beverage Semi-Annual Data
Jun16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.02 11.90 0.00 11.93 0.00

TBVPF vs BF.B: EV-to-EBIT Comparison

For the Beverages - Wineries & Distilleries subindustry, Thai Beverage's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thai Beverage EV-to-EBIT vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thai Beverage's EV-to-EBIT falls into.


TBVPF
60GF Score
Thai Beverage PLC TBVPF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Beverage EV-to-EBIT Calculation

Thai Beverage's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=16874.586/1470.977
=11.47

Thai Beverage's current Enterprise Value is $16,875 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Thai Beverage's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,471 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 11.47 mean?
Thai Beverage (TBVPF) has a EV-to-EBIT of 11.47 as of Jul. 26, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thai Beverage and its competitors. This is 24% below median its historical median of 15.00. Over the past decade, Thai Beverage's EV-to-EBIT has ranged from 10.22 to 27.55. According to the industry distribution chart, Thai Beverage ranks #65 out of 163 companies in the Beverages - Alcoholic industry, placing it in the top 39.9%.
Is Thai Beverage's EV-to-EBIT too high?
Thai Beverage's current EV-to-EBIT of 11.47 is 24% below median its 10-year median of 15.00. Over the past 10 years, this metric has ranged from a low of 10.22 to a high of 27.55. The Beverages - Alcoholic industry median EV-to-EBIT is 13.81. Thai Beverage's value of 11.47 is 16.9% below this industry median. Based on the distribution chart, Thai Beverage ranks #65 out of 163 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Thai Beverage has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Beverage's EV-to-EBIT compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Thai Beverage ranks #65 out of 163 companies for EV-to-EBIT. This puts Thai Beverage in the upper half of its industry. The industry median EV-to-EBIT is 13.81. Thai Beverage's value of 11.47 is 16.9% below this benchmark. Historically, Thai Beverage's own EV-to-EBIT has ranged from 10.22 to 27.55 over the past decade. While the company's 10-year median is 15.00 vs. the industry median of 13.81, Thai Beverage has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Beverages - Alcoholic company?
The median EV-to-EBIT among Beverages - Alcoholic companies is 13.81, based on 163 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Beverage's current EV-to-EBIT of 11.47 is 16.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thai Beverage and its competitors. For the Beverages - Alcoholic industry, the median EV-to-EBIT is 13.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Beverage's current EV-to-EBIT is 11.47, which is 24% below median its own 10-year median of 15.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Beverage stock overvalued right now?
Based on GuruFocus' analysis, Thai Beverage (TBVPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.39, compared to a current price of $0.34 — trading 11.8% below its estimated fair value. The current EV-to-EBIT is 11.47, which is 24% below median its 10-year median of 15.00 and 16.9% below the Beverages - Alcoholic industry median of 13.81. Thai Beverage's overall GF Score™ is 60/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Thai Beverage (TBVPF), the current EV-to-EBIT is 11.47 as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thai Beverage (TBVPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Beverage stock appears to be undervalued. The current stock price of $0.34 is trading 11.8% below its estimated GF Value™ of $0.39. GuruFocus considers Thai Beverage to be Modestly Undervalued.

Key valuation signals for TBVPF:

  • EV-to-EBIT: 11.47 (24% below median its 10-year median of 15.00)
  • GF Value™: $0.39 vs. price of $0.34 (11.8% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 16.9% below the Beverages - Alcoholic median (#65 of 163)

No single metric tells the full story. See the TBVPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Beverage Business Description

Other Exchanges Y92:SingaporeT6W:Germany
Address 14 Vibhavadi Rangsit Road, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segments include Spirits; production and sales of branded spirits products and soda. Beer: production and sales of raw materials, branded beer products, Chang soda and Chang water. Non-alcoholic beverages: production and sales of branded water, ready-to-drink coffee, energy drink, green tea, fruit flavored drinks and dairy products. Food: restaurants and distribution of food and beverages; and Others: publishing and printing. Key revenue is generated from Beer. It operates in Thailand, which generates the majority of revenue, Vietnam, Malaysia, Myanmar, Singapore and others.
60GF Score

Get the complete analysis for TBVPF

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.34
Price
$0.39
GF Value