Thai Wah PCL (BKK:TWPC) EV-to-EBITDA: 5.41 (As of Sep. 11, 2026) — 27% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:TWPC Thai Wah PCL BKK:TWPC
74 GF Score
Price ฿2.66
GF Value ฿2.84
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Thai Wah PCL EV-to-EBITDA?

Thai Wah PCL BKK:TWPC -0.75% 74 EV-to-EBITDA is 5.41 as of Sep. 11, 2026, which is 27% below its 10-year median of 7.46. GuruFocus rates BKK:TWPC with a GF Score™ of 74/100 and a GF Value™ of ฿2.84 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,660 Consumer Packaged Goods companies, Thai Wah PCL ranks better than 78.73% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Thai Wah PCL's enterprise value is ฿4,039 Mil. Thai Wah PCL's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ฿746 Mil. Therefore, Thai Wah PCL's EV-to-EBITDA for today is 5.41.

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

BKK:TWPC' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.96   Med: 7.46   Max: 12.98
Current: 5.41

During the past 13 years, the highest EV-to-EBITDA of Thai Wah PCL was 12.98. The lowest was 3.96. And the median was 7.46.

BKK:TWPC's EV-to-EBITDA is ranked better than
78.73% of 1660 companies
in the Consumer Packaged Goods industry
Industry Median: 9.245 vs BKK:TWPC: 5.41

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-11), Thai Wah PCL's stock price is ฿2.66. Thai Wah PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.180. Therefore, Thai Wah PCL's PE Ratio (TTM) for today is 14.78.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Thai Wah PCL  (BKK:TWPC) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Thai Wah PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.66/0.180
=14.78

Thai Wah PCL's share price for today is ฿2.66.
Thai Wah PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.180.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Thai Wah PCL EV-to-EBITDA Related Terms


Thai Wah PCL EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thai Wah PCL's EV-to-EBITDA 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 Wah PCL EV-to-EBITDA Chart

Thai Wah PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.74 5.97 8.87 7.49 4.47

Thai Wah PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 4.59 4.15 4.47 4.63 5.62

BKK:TWPC vs KHC, GIS: EV-to-EBITDA Comparison

For the Packaged Foods subindustry, Thai Wah PCL's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 Wah PCL EV-to-EBITDA vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Wah PCL's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Thai Wah PCL's EV-to-EBITDA falls into.


BKK:TWPC
74GF Score
Thai Wah PCL BKK:TWPC
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Wah PCL EV-to-EBITDA Calculation

Thai Wah PCL's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=4038.790/746.375
=5.41

Thai Wah PCL's current Enterprise Value is ฿4,039 Mil.
Thai Wah PCL's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿746 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-EBITDA →
What does a EV-to-EBITDA of 5.41 mean?
Thai Wah PCL (BKK:TWPC) has a EV-to-EBITDA of 5.41 as of Sep. 11, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thai Wah PCL. This is 27% below median its historical median of 7.46. Over the past decade, Thai Wah PCL's EV-to-EBITDA has ranged from 3.96 to 12.98. According to the industry distribution chart, Thai Wah PCL ranks #353 out of 1660 companies in the Consumer Packaged Goods industry, placing it in the top 21.3%.
Is Thai Wah PCL's EV-to-EBITDA too high?
Thai Wah PCL's current EV-to-EBITDA of 5.41 is 27% below median its 10-year median of 7.46. Over the past 10 years, this metric has ranged from a low of 3.96 to a high of 12.98. The Consumer Packaged Goods industry median EV-to-EBITDA is 9.25. Thai Wah PCL's value of 5.41 is 41.5% below this industry median. Based on the distribution chart, Thai Wah PCL ranks #353 out of 1660 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Wah PCL has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Wah PCL's EV-to-EBITDA compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai Wah PCL ranks #353 out of 1660 companies for EV-to-EBITDA. This places Thai Wah PCL in the top 21% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.25. Thai Wah PCL's value of 5.41 is 41.5% below this benchmark. Historically, Thai Wah PCL's own EV-to-EBITDA has ranged from 3.96 to 12.98 over the past decade. While the company's 10-year median is 7.46 vs. the industry median of 9.25, Thai Wah PCL 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-EBITDA for a Consumer Packaged Goods company?
The median EV-to-EBITDA among Consumer Packaged Goods companies is 9.25, based on 1,660 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Wah PCL's current EV-to-EBITDA of 5.41 is 41.5% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thai Wah PCL. For the Consumer Packaged Goods industry, the median EV-to-EBITDA is 9.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Wah PCL's current EV-to-EBITDA is 5.41, which is 27% below median its own 10-year median of 7.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Wah PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Wah PCL (BKK:TWPC) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.84, compared to a current price of ฿2.66 — trading 6.3% below its estimated fair value. The current EV-to-EBITDA is 5.41, which is 27% below median its 10-year median of 7.46 and 41.5% below the Consumer Packaged Goods industry median of 9.25. Thai Wah PCL's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Thai Wah PCL (BKK:TWPC), the current EV-to-EBITDA is 5.41 as of Sep. 11, 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 Wah PCL (BKK:TWPC) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Wah PCL stock appears to be undervalued. The current stock price of ฿2.66 is trading 6.3% below its estimated GF Value™ of ฿2.84. GuruFocus considers Thai Wah PCL to be Fairly Valued.

Key valuation signals for BKK:TWPC:

  • EV-to-EBITDA: 5.41 (27% below median its 10-year median of 7.46)
  • GF Value™: ฿2.84 vs. price of ฿2.66 (6.3% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 41.5% below the Consumer Packaged Goods median (#353 of 1660)

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


Thai Wah PCL Business Description

Address South Sathorn Road, 21/11, 21/13 Thai Wah Tower 1 Building, 6th Floor, Tungmahamek, Sathorn, Bangkok, THA, 10120
Thai Wah PCL is engaged in the manufacture and distribution of vermicelli, tapioca starch and other food products. Its products include Starch & Starch-Related Products such as Tapioca Flour & Starch, Modified Starch, Glucose Syrup, Tapioca Pearl, Alpha Starch, Rice Flour & Starch, and Organic Products; Food Products such as Bean Vermicelli, Rice Noodles, Rice Vermicelli, Starch, Flour And Pearl, and Meal Kit And Instant Noodles. Its segments include the manufacture and distribution of starch, the manufacture and distribution of vermicelli and other food products, and the manufacture and distribution of other agricultural products.
74GF Score

Get the complete analysis for BKK:TWPC

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

฿2.66
Price
฿2.84
GF Value