Carabao Group PCL (BKK:CBG) EV-to-FCF: 18.59 (As of Jul. 08, 2026) — 35% Below Median


BKK:CBG Carabao Group PCL BKK:CBG
84 GF Score
Price ฿48.50
GF Value ฿76.68
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Carabao Group PCL EV-to-FCF?

Carabao Group PCL BKK:CBG -1.52% 84 EV-to-FCF is 18.59 as of Jul. 08, 2026, which is 35% below its 10-year median of 28.41. GuruFocus rates BKK:CBG with a GF Score™ of 84/100 and a GF Value™ of ฿76.68 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 79 Beverages - Non-Alcoholic companies, Carabao Group PCL ranks better than 58.23% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Carabao Group PCL's Enterprise Value is ฿48,719 Mil. Carabao Group PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿2,620 Mil. Therefore, Carabao Group PCL's EV-to-FCF for today is 18.59.

The historical rank and industry rank for Carabao Group PCL's EV-to-FCF or its related term are showing as below:

BKK:CBG' s EV-to-FCF Range Over the Past 10 Years
Min: -134.47   Med: 28.41   Max: 219.25
Current: 18.69

During the past 13 years, the highest EV-to-FCF of Carabao Group PCL was 219.25. The lowest was -134.47. And the median was 28.41.

BKK:CBG's EV-to-FCF is ranked better than
58.23% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 20.95 vs BKK:CBG: 18.69

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-07-08), Carabao Group PCL's stock price is ฿48.50. Carabao Group PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿2.170. Therefore, Carabao Group PCL's PE Ratio (TTM) for today is 22.35.


Carabao Group PCL  (BKK:CBG) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Carabao Group PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=48.50/2.170
=22.35

Carabao Group PCL's share price for today is ฿48.50.
Carabao Group PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿2.170.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Carabao Group PCL EV-to-FCF Related Terms


Carabao Group PCL EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Carabao Group PCL's EV-to-FCF 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.

Carabao Group PCL EV-to-FCF Chart

Carabao Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.17 61.08 28.58 19.11 16.99

Carabao Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 14.30 12.42 16.66 16.99 14.68

BKK:CBG vs KO, PEP, MNST: EV-to-FCF Comparison

For the Beverages - Non-Alcoholic subindustry, Carabao Group PCL's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Carabao Group PCL EV-to-FCF vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Carabao Group PCL's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Carabao Group PCL's EV-to-FCF falls into.


BKK:CBG
84GF Score
Carabao Group PCL BKK:CBG
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carabao Group PCL EV-to-FCF Calculation

Carabao Group PCL's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=48719.408/2620.211
=18.59

Carabao Group PCL's current Enterprise Value is ฿48,719 Mil.
Carabao Group PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿2,620 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-FCF →
What does a EV-to-FCF of 18.59 mean?
Carabao Group PCL (BKK:CBG) has a EV-to-FCF of 18.59 as of Jul. 08, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Carabao Group PCL and its competitors. This is 35% below median its historical median of 28.41. According to the industry distribution chart, Carabao Group PCL ranks #33 out of 79 companies in the Beverages - Non-Alcoholic industry, placing it in the top 41.8%.
Is Carabao Group PCL's EV-to-FCF too high?
Carabao Group PCL's current EV-to-FCF of 18.59 is 35% below median its 10-year median of 28.41. The Beverages - Non-Alcoholic industry median EV-to-FCF is 20.95. Carabao Group PCL's value of 18.59 is 11.3% below this industry median. Based on the distribution chart, Carabao Group PCL ranks #33 out of 79 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Carabao Group PCL has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carabao Group PCL's EV-to-FCF compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Carabao Group PCL ranks #33 out of 79 companies for EV-to-FCF. This puts Carabao Group PCL in the upper half of its industry. The industry median EV-to-FCF is 20.95. Carabao Group PCL's value of 18.59 is 11.3% below this benchmark. While the company's 10-year median is 28.41 vs. the industry median of 20.95, Carabao Group 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-FCF for a Beverages - Non-Alcoholic company?
The median EV-to-FCF among Beverages - Non-Alcoholic companies is 20.95, based on 79 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carabao Group PCL's current EV-to-FCF of 18.59 is 11.3% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Carabao Group PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median EV-to-FCF is 20.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carabao Group PCL's current EV-to-FCF is 18.59, which is 35% below median its own 10-year median of 28.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carabao Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Carabao Group PCL (BKK:CBG) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿76.68, compared to a current price of ฿48.50 — trading 36.8% below its estimated fair value. The current EV-to-FCF is 18.59, which is 35% below median its 10-year median of 28.41 and 11.3% below the Beverages - Non-Alcoholic industry median of 20.95. Carabao Group PCL's overall GF Score™ is 84/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Carabao Group PCL (BKK:CBG), the current EV-to-FCF is 18.59 as of Jul. 08, 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 Carabao Group PCL (BKK:CBG) Overvalued in 2026?

Based on GuruFocus' analysis, Carabao Group PCL stock appears to be undervalued. The current stock price of ฿48.50 is trading 36.8% below its estimated GF Value™ of ฿76.68. GuruFocus considers Carabao Group PCL to be Significantly Undervalued.

Key valuation signals for BKK:CBG:

  • EV-to-FCF: 18.59 (35% below median its 10-year median of 28.41)
  • GF Value™: ฿76.68 vs. price of ฿48.50 (36.8% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 11.3% below the Beverages - Non-Alcoholic median (#33 of 79)

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


Carabao Group PCL Business Description

Other Exchanges CBG-F:Thailand
Address Silom Road, 393 Silom Building, 393, 7th - 10th Floor, Silom, Bangrak, Bangkok, THA, 10500
Carabao Group PCL manufactures and distributes energy drinks, water, and coffee under different brand names through its subsidiaries. It operates in three reportable segments: Manufacture and distribution of drinks under Group's trademark, Distribution of OEM products under Group's trademark, and Distribution of other products. A majority of the company's revenue is generated from the Manufacture and distribution of drinks under Group's trademark segment, which manufactures and sells carbonated and non-carbonated energy drinks, coffee, sports drinks, and vitamin-C drinks through Carabao and Woody C plus brands. Geographically, the company generates maximum revenue from the domestic market, and the rest from overseas markets like the United Kingdom, and other regions.
84GF Score

Get the complete analysis for BKK:CBG

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

฿48.50
Price
฿76.68
GF Value