TBVPF (Thai Beverage) FCF Margin %: 12.23% (As of Mar. 2026) — Near Median


TBVPF Thai Beverage PLC TBVPF
58 GF Score
Price $0.34
GF Value $0.40
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Thai Beverage FCF Margin %?

Thai Beverage TBVPF 58 FCF Margin % is 12.23% as of Mar. 2026, which is 9% above its 10-year median of 11.26. GuruFocus rates TBVPF with a GF Score™ of 58/100 and a GF Value™ of $0.40 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 210 Beverages - Alcoholic companies, Thai Beverage ranks better than 74.76% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Thai Beverage's Free Cash Flow for the six months ended in Mar. 2026 was $657 Mil. Thai Beverage's Revenue for the six months ended in Mar. 2026 was $5,369 Mil. Therefore, Thai Beverage's FCF Margin % for the quarter that ended in Mar. 2026 was 12.23%.

As of today, Thai Beverage's current FCF Yield % is 13.40%.

The historical rank and industry rank for Thai Beverage's FCF Margin % or its related term are showing as below:

TBVPF' s FCF Margin % Range Over the Past 10 Years
Min: 6.46   Med: 11.26   Max: 15.24
Current: 11.06


During the past 13 years, the highest FCF Margin % of Thai Beverage was 15.24%. The lowest was 6.46%. And the median was 11.26%.

TBVPF's FCF Margin % is ranked better than
74.76% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 4.875 vs TBVPF: 11.06


Thai Beverage FCF Margin % Related Terms


Thai Beverage FCF Margin % Historical Data

* Premium members only.

The historical data trend for Thai Beverage's FCF Margin % 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 FCF Margin % Chart

Thai Beverage Annual Data
Trend Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.85 15.24 9.11 8.45 9.59

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
FCF Margin % 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 9.84 6.97 9.43 9.77 12.23

TBVPF vs BF.B: FCF Margin % Comparison

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

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

* The bar in red indicates where Thai Beverage's FCF Margin % falls into.


TBVPF
58GF Score
Thai Beverage PLC TBVPF
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Beverage FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=1000.014/10426.826
=9.59 %

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

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=656.845/5369.012
=12.23 %

* 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 FCF Margin % →
What does a FCF Margin % of 12.23% mean?
Thai Beverage (TBVPF) has a FCF Margin % of 12.23% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Thai Beverage and its competitors. This is near median its historical median of 11.26. Over the past decade, Thai Beverage's FCF Margin % has ranged from 6.46 to 15.24. According to the industry distribution chart, Thai Beverage ranks #53 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 25.2%.
Is Thai Beverage's FCF Margin % too high?
Thai Beverage's current FCF Margin % of 12.23% is near median its 10-year median of 11.26. Over the past 10 years, this metric has ranged from a low of 6.46 to a high of 15.24. The Beverages - Alcoholic industry median FCF Margin % is 4.88. Thai Beverage's value of 12.23% is 150.9% above this industry median. Based on the distribution chart, Thai Beverage ranks #53 out of 210 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Thai Beverage has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Beverage's FCF Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Thai Beverage ranks #53 out of 210 companies for FCF Margin %. This puts Thai Beverage in the upper half of its industry. The industry median FCF Margin % is 4.88. Thai Beverage's value of 12.23% is 150.9% above this benchmark. Historically, Thai Beverage's own FCF Margin % has ranged from 6.46 to 15.24 over the past decade. While the company's 10-year median is 11.26 vs. the industry median of 4.88, Thai Beverage has consistently been above 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 FCF Margin % for a Beverages - Alcoholic company?
The median FCF Margin % among Beverages - Alcoholic companies is 4.88, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Beverage's current FCF Margin % of 12.23% is 150.9% above 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Thai Beverage and its competitors. For the Beverages - Alcoholic industry, the median FCF Margin % is 4.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Beverage's current FCF Margin % is 12.23%, which is near median its own 10-year median of 11.26. 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 $0.40, compared to a current price of $0.34 — trading 16.1% below its estimated fair value. The current FCF Margin % is 12.23%, which is near median its 10-year median of 11.26 and 150.9% above the Beverages - Alcoholic industry median of 4.88. Thai Beverage's overall GF Score™ is 58/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Thai Beverage (TBVPF), the current FCF Margin % is 12.23% as of Mar. 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 16.1% below its estimated GF Value™ of $0.40. GuruFocus considers Thai Beverage to be Modestly Undervalued.

Key valuation signals for TBVPF:

  • FCF Margin %: 12.23% (near median its 10-year median of 11.26)
  • GF Value™: $0.40 vs. price of $0.34 (16.1% below fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 150.9% above the Beverages - Alcoholic median (#53 of 210)

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.
58GF Score

Get the complete analysis for TBVPF

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

$0.34
Price
$0.40
GF Value