Food Moments PCL
Food Moments Public Company Limited engages in the production and sale of butchered chicken and processed chicken products in Thailand. It operates through three segments: Production and Distribution of Chicken Parts; Production and Distribution of Processed Chicken Parts; and Other Businesses. The company offers raw whole chicken, chicken breast, chicken wings, chicken legs, chicken giblets, and… Read more
Food Moments PCL (FM) - Net Assets
Latest net assets as of March 2024: ฿2.02 Billion THB
Based on the latest financial reports, Food Moments PCL (FM) has net assets worth ฿2.02 Billion THB as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.44 Billion) and total liabilities (฿1.42 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿2.02 Billion |
| % of Total Assets | 58.71% |
| Annual Growth Rate | 4.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.06 |
Food Moments PCL - Net Assets Trend (2020–2023)
This chart illustrates how Food Moments PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Food Moments PCL (2020–2023)
The table below shows the annual net assets of Food Moments PCL from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿2.07 Billion | -12.33% |
| 2022-12-31 | ฿2.36 Billion | +18.47% |
| 2021-12-31 | ฿1.99 Billion | +10.58% |
| 2020-12-31 | ฿1.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Food Moments PCL's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 18768314700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿175.61 Million | 8.64% |
| Other Components | ฿1.86 Billion | 91.36% |
| Total Equity | ฿2.03 Billion | 100.00% |
Food Moments PCL Competitors by Market Cap
The table below lists competitors of Food Moments PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Saga Communications Inc
NASDAQ:SGA
|
$40.06 Million |
|
NextSource Materials Inc
OTCQB:NSRCF
|
$40.06 Million |
|
VANTIVA SA
PA:VANTI
|
$40.08 Million |
|
NGL Fine-Chem Limited
NSE:NGLFINE
|
$40.08 Million |
|
F&F Holdings Co. Ltd
KO:007700
|
$40.03 Million |
|
FitLife Brands, Inc. Common Stock
NASDAQ:FTLF
|
$39.98 Million |
|
Bixolon Co. Ltd
KQ:093190
|
$39.98 Million |
|
Envirosuite Limited
F:57P
|
$39.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Food Moments PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,312,480,728 to 2,031,951,394, a change of -280,529,334 (-12.1%).
- Net income of 253,362,316 contributed positively to equity growth.
- Dividend payments of 699,943,850 reduced retained earnings.
- Other factors increased equity by 166,052,200.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿253.36 Million | +12.47% |
| Dividends Paid | ฿699.94 Million | -34.45% |
| Other Changes | ฿166.05 Million | +8.17% |
| Total Change | ฿- | -12.13% |
Book Value vs Market Value Analysis
This analysis compares Food Moments PCL's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.91x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.19x to 1.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ฿1.79 | ฿3.92 | x |
| 2021-12-31 | ฿1.98 | ฿3.92 | x |
| 2022-12-31 | ฿2.34 | ฿3.92 | x |
| 2023-12-31 | ฿2.06 | ฿3.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Food Moments PCL utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.39%
- • Asset Turnover: 1.66x
- • Equity Multiplier: 1.71x
- Recent ROE (12.47%) is below the historical average (19.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 9.50% | 4.30% | 1.41x | 1.57x | ฿-9.72 Million |
| 2022 | 35.92% | 13.86% | 1.52x | 1.71x | ฿599.35 Million |
| 2023 | 12.47% | 4.39% | 1.66x | 1.71x | ฿50.17 Million |
Industry Comparison
This section compares Food Moments PCL's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $4,112,041,965
- Average return on equity (ROE) among peers: 3.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Food Moments PCL (FM) | ฿2.02 Billion | 9.50% | 0.70x | $40.04 Million |
| Ai Energy Public Company Limited (AIE) | $1.84 Billion | -3.93% | 0.07x | $14.62 Million |
| Agripure Holdings Public Company Limited (APURE) | $2.61 Billion | 10.67% | 0.16x | $10.13 Million |
| Bangkok Ranch PCL (BR) | $4.74 Billion | 2.56% | 1.22x | $25.27 Million |
| Betagro PCL (BTG) | $16.00 Billion | -6.68% | 1.82x | $368.54 Million |
| CHUWIT FARM (2019) PUBLIC COMPANY LIMITED (CFARM) | $425.82 Million | 5.16% | 0.81x | $3.25 Million |
| Chumporn Palm Oil Industry Public Company Limited (CPI) | $2.89 Billion | 11.09% | 0.38x | $27.76 Million |
| Lam Soon (Thailand) Public Company Limited (LST) | $3.09 Billion | 12.30% | 0.66x | $33.07 Million |
| PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED (PCE) | $3.37 Billion | -4.59% | 0.97x | $47.27 Million |
| Premier Quality Starch PCL (PQS) | $2.03 Billion | 6.68% | 0.23x | $9.66 Million |