Added to YB: 2025-02-11
Pitch date: 2025-02-09
HTC.BK [bullish]
Haad Thip Public Company Limited
+0.51%
current return
Author Info
Asian Century Stocks is a former buy-side investor in Asia that now focuses on researching value stocks in Asia and sharing them in his newsletter. Sign up for the newsletter.
Company Info
Haad Thip Public Company Limited, together with its subsidiaries, manufactures and distributes soft drinks in Thailand.
Market Cap
THB 6.5B
Pitch Price
THB 14.72
Price Target
N/A
Dividend
6.46%
EV/EBITDA
6.37
P/E
10.71
EV/Sales
0.91
Sector
Beverages
Category
dividend
Haad Thip (HTC TB)
HTC.BK: Coca-Cola bottler in S. Thailand, 84% mkt share. 4.4% CAGR, 70M cases/yr. 10x P/E, 7-8% div yield. Risks: sugar tax, health trends. Catalysts: tourism recovery, new products (no-sugar, alcoholic). CEO Patchara modernizing ops. Target: THB 15B rev by 2032, 35% mkt share in non-alc RTD.
Read full article (12 min)