Thai Beverage PCL Logo
TH0902010014
A0J2LZ
TBVPF

Thai Beverage PCL

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Forecast

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  • Fitch cuts outlook for Thai Beverage to negative, affirms BBB- rating

    Fitch has cut the outlook for Thai Beverage from stable to negative, but affirmed the issuer default rating (IDR) of BBB- and the national rating of AA(tha). The agency cites a higher debt level as the main reason: net debt/EBITDA rose to 4.1x and is expected to remain above the 3.5x threshold in 2026, weighed down by higher investments, weaker earnings and the planned purchase of additional Vinamilk shares. Fitch forecasts low single-digit revenue growth in 2026–2027, stable EBITDA margins of 22–23% and positive free cash flow of around 10 billion THB annually, but sees downgrade risk if leverage stays above 3.7x in 2026 or above 3.5x in 2027. » More on de.investing.com

Historical dividends Dividends

All dividend metrics All metrics
In 2026, Thai Beverage PCL has already paid €0.0128 in dividends. The last payout was in February.

Financials

In the last quarter, Thai Beverage PCL had revenue of €2.3B and net profit of €195.74M
(EUR) March 2026
YoY
Revenue 2.3B -
Gross profit 748.1M -
Net profit 195.74M -
EBITDA 439.68M -

Fundamentals

Metric Value
Market capitalization
€6.77B
Number of shares
25.13B
52-week high/low
€0.36 - €0.27
Dividend yield
4.28%
Dividends TTM
€0.0128
Beta
0.42
P/E ratio
10.89
PEG ratio
-5.72
P/B ratio
1.90
P/S ratio
0.85

Company profile

Thai Beverage Public Company Limited, together with its subsidiaries, produces and distributes alcoholic and non-alcoholic beverages, and food products in Thailand, Vietnam, and internationally. The company operates through Spirits, Beer, Non-Alcoholic Beverages, and Food segments. It offers liquor, beer, malt, and yeast products; spirits, including brown spirits, white spirits, herbs, and other products; and non-alcoholic beverages comprising drinking and soda water, electrolyte beverages, energy drinks, green and herbal tea, ready-to-drink coffee, carbonated soft drinks, isotonics, soya drinks, Asian and sparkling drinks, cordials, pasteurized milk, UHT milk, sterilized milk, yoghurt, canned milk, pasteurized juice, ready-to-drink juice, ice cream, and cereal bars. The company also provides chilled and frozen, and canned food products; and fertilizers and feeds, bricks, and oak barrels. In addition, it is involved in the trading of molasses; provision of transportation and distribution, logistics, advertising and marketing, consultancy, asset and brands management, public cold storage, and human resources and organization development services; operation of restaurants, bakeries, and social enterprise; and production and distribution of biogas. Further, the company is involved in the trading of bottles and supplies; wholesale and distribution of beverages; and production of cartons, and metal and plastic packaging businesses. Additionally, it engages in asset management activities; e-commerce business; development, rental, and investment in properties; mechanical equipment manufacturing; warehousing business; trading of chemical and packaging materials; manufacture of equipment used in food manufacturing; and installation and maintenance of machinery system and equipment. Thai Beverage Public Company Limited was founded in 2003 and is based in Bangkok, Thailand.

Name
Thai Beverage PCL
CEO
Thapana Sirivadhanabhakdi
Headquarters Bangkok, bm
Thailand
Website
Sector
Consumer Staples
Industry
Beverages
IPO
05/30/2006
Employees 52,347

Ticker symbols

Exchange Symbol
Pnk
TBVPF
Ses
Y92.SI
Frankfurt
T6W.F
Düsseldorf
T6W.DU
München
T6W.MU
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