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Thai BeverageTBVPF 60 EV-to-EBITDA is 9.43 as of Jul. 27, 2026, which is 27% below its 10-year median of 12.99. 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 169 Beverages - Alcoholic companies, Thai Beverage ranks better than 60.95% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Thai Beverage's enterprise value is $16,875 Mil.
Thai Beverage's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,789 Mil. Therefore, Thai Beverage's EV-to-EBITDA for today is 9.43.
The historical rank and industry rank for Thai Beverage's EV-to-EBITDA or its related term are showing as below:
TBVPF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.99 Med: 12.99 Max: 22.79
Current: 9.52
During the past 13 years, the highest EV-to-EBITDA of Thai Beverage was 22.79. The lowest was 8.99. And the median was 12.99.
TBVPF's EV-to-EBITDA is ranked better than 60.95% of 169
companies
in the Beverages - Alcoholic industry
Industry Median: 11.03
vs TBVPF: 9.52
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.
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 Beverage's PE Ratio (TTM) for today is calculated as:
Thai Beverage's share price for today is $0.34416.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Thai Beverage's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.031.
* 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).
The historical data trend for Thai Beverage'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.
For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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 Beverage EV-to-EBITDA vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Thai Beverage's EV-to-EBITDA falls into.
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 EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,789 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 (TBVPF) has a EV-to-EBITDA of 9.43 as of Jul. 27, 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 Beverage. This is 27% below median its historical median of 12.99. Over the past decade, Thai Beverage's EV-to-EBITDA has ranged from 8.99 to 22.79. According to the industry distribution chart, Thai Beverage ranks #66 out of 169 companies in the Beverages - Alcoholic industry, placing it in the top 39.1%.
Is Thai Beverage's EV-to-EBITDA too high?
Thai Beverage's current EV-to-EBITDA of 9.43 is 27% below median its 10-year median of 12.99. Over the past 10 years, this metric has ranged from a low of 8.99 to a high of 22.79. The Beverages - Alcoholic industry median EV-to-EBITDA is 11.03. Thai Beverage's value of 9.43 is 14.5% below this industry median. Based on the distribution chart, Thai Beverage ranks #66 out of 169 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-EBITDA compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Thai Beverage ranks #66 out of 169 companies for EV-to-EBITDA. This puts Thai Beverage in the upper half of its industry. The industry median EV-to-EBITDA is 11.03. Thai Beverage's value of 9.43 is 14.5% below this benchmark. Historically, Thai Beverage's own EV-to-EBITDA has ranged from 8.99 to 22.79 over the past decade. While the company's 10-year median is 12.99 vs. the industry median of 11.03, 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-EBITDA for a Beverages - Alcoholic company?
The median EV-to-EBITDA among Beverages - Alcoholic companies is 11.03, based on 169 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 Beverage's current EV-to-EBITDA of 9.43 is 14.5% 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 Beverage. For the Beverages - Alcoholic industry, the median EV-to-EBITDA is 11.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Beverage's current EV-to-EBITDA is 9.43, which is 27% below median its own 10-year median of 12.99. 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-EBITDA is 9.43, which is 27% below median its 10-year median of 12.99 and 14.5% below the Beverages - Alcoholic industry median of 11.03. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Thai Beverage (TBVPF), the current EV-to-EBITDA is 9.43 as of Jul. 27, 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-EBITDA: 9.43 (27% below median its 10-year median of 12.99)
GF Value™: $0.39 vs. price of $0.34 (11.8% below fair value)
Industry Position: 14.5% below the Beverages - Alcoholic median (#66 of 169)
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 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
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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