TBVPF (Thai Beverage) Enterprise Value: $16,644 Mil (As of Jun. 28, 2026) ***


TBVPF Thai Beverage PLC TBVPF
60 GF Score
Price $0.34
GF Value $0.39
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Thai Beverage Enterprise Value?

Thai Beverage TBVPF 60 Enterprise Value is $16,644 Mil as of Jun. 28, 2026. 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.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thai Beverage's Enterprise Value is $16,644 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 ratio for today is 11.32.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Thai Beverage's Enterprise Value is $16,644 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 ratio for today is 9.31.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Thai Beverage's Enterprise Value is $16,644 Mil. Thai Beverage's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $10,239 Mil. Therefore, Thai Beverage's EV-to-Revenue ratio for today is 1.63.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Thai Beverage's Enterprise Value is $16,644 Mil. Thai Beverage's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $1,557 Mil. Therefore, Thai Beverage's EV-to-OCF ratio for today is 10.69.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Thai Beverage's Enterprise Value is $16,644 Mil. Thai Beverage's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,133 Mil. Therefore, Thai Beverage's EV-to-FCF ratio for today is 14.69.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Thai Beverage  (OTCPK:TBVPF) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Thai Beverage's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=16644.163/1470.977
=11.32

Thai Beverage's current Enterprise Value is $16,644 Mil.
For company reported semi-annually or 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.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Thai Beverage's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=16644.163/1788.56
=9.31

Thai Beverage's current Enterprise Value is $16,644 Mil.
For company reported semi-annually or 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.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Thai Beverage's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=16644.163/10239.116
=1.63

Thai Beverage's current Enterprise Value is $16,644 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Thai Beverage's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $10,239 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Thai Beverage's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=16644.163/1556.973
=10.69

Thai Beverage's current Enterprise Value is $16,644 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Thai Beverage's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $1,557 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Thai Beverage's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=16644.163/1132.726
=14.69

Thai Beverage's current Enterprise Value is $16,644 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Thai Beverage's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,133 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 Enterprise Value Related Terms


Thai Beverage Enterprise Value Historical Data

* Premium members only.

The historical data trend for Thai Beverage's Enterprise Value 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 Enterprise Value Chart

Thai Beverage Annual Data
Trend Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,840.69 16,483.04 19,536.06 18,311.68 17,266.52

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
Enterprise Value 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 14,774.18 18,311.68 17,293.21 17,266.52 16,905.21

TBVPF vs BF.B: Enterprise Value Comparison

For the Beverages - Wineries & Distilleries subindustry, Thai Beverage's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Beverages - Alcoholic Industry

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

* The bar in red indicates where Thai Beverage's Enterprise Value falls into.


TBVPF
60GF Score
Thai Beverage PLC TBVPF
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Beverage Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Thai Beverage's Enterprise Value for the fiscal year that ended in Sep. 2025 is calculated as

Thai Beverage's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of $16,644 Mil mean?
Thai Beverage (TBVPF) has a Enterprise Value of $16,644 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thai Beverage and its competitors.
Is Thai Beverage's Enterprise Value too high?
Thai Beverage's current Enterprise Value is $16,644 Mil. 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 Enterprise Value compare to BF.B?
Thai Beverage's Enterprise Value of $16,644 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Beverages - Alcoholic company?
A good Enterprise Value depends on the Beverages - Alcoholic industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thai Beverage and its competitors. Thai Beverage's current Enterprise Value is $16,644 Mil. 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 13.9% below its estimated fair value. The current Enterprise Value is $16,644 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Thai Beverage (TBVPF), the current Enterprise Value is $16,644 Mil as of Jun. 28, 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 13.9% below its estimated GF Value™ of $0.39. GuruFocus considers Thai Beverage to be Modestly Undervalued.

Key valuation signals for TBVPF:

  • Enterprise Value: $16,644 Mil
  • GF Value™: $0.39 vs. price of $0.34 (13.9% below fair value)
  • GF Score™: 60/100 with 3 warning signs

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

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

$0.34
Price
$0.39
GF Value