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Ichitan Group Public Company Limited (ICHI-R.BK)
THB14.60
+0.20 (+1.39%)
TH SET Consumer Defensive Beverages - Non-Alcoholic
Address
No. 8 T-One Building 10110
Bangkok, TH
Bangkok, TH
CEO
Tanita Passakornnatee
Website
ichitangroup.com
IPO
2019-04-05
ISIN TH5048010R12
Also trades on
Stock Exchange of Thailand · ICHI-R.BK (THB)
Stock Exchange of Thailand · ICHI.BK (THB)
Description
Operating both within Thailand and across international markets, Ichitan Group Public Company Limited specializes in the production and marketing of various beverages. Its product range features the popular Ichitan Green Tea (a ready-to-drink green tea), the Yen Yen by Ichitan brand of herbal drinks, Ichitan Chew Chew (a distinctive green tea with chewy coconut jelly), and the Bireley's line of fruit juices and gelatin desserts. The company also supplies ready-to-drink black tea. Established in 2010, and headquartered in Bangkok, Thailand, the firm was formerly known as Mai Tan Company Limited.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
THB14.60
+0.20 (+1.39%)
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Volume Profile
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Liquidity & share structure
Average Volume
7M
Beta
0.40
Float Shares
677.09M
Free Float %
52.1%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.78% | +0.00% | +1.57% | -7.86% | +4.03% | +21.70% | +29.00% | -15.13% | +0.78% | +7.50% | -0.77% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
14.60
DCF (Unlevered)
24.10
+65.1%
DCF (Levered)
15.10
+3.4%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Quality scores
Altman Z-Score
10.34
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Beverages - Non-Alcoholic: +4.6%-5.9% Q1'26: +10.5% (vs Q1'25)
-
EPS growth Beverages - Non-Alcoholic: +9.3%+2.0% Q1'26: +15.8% (vs Q1'25)
-
FCF margin FCF growth · Beverages - Non-Alcoholic: +17.3%+10.2% Q1'26: +50.6% (vs Q1'25)
-
EBIT margin Beverages - Non-Alcoholic: +13.6%+16.5% ★ Q1'26: +16.5% (vs Q1'25)
-
ROIC Beverages - Non-Alcoholic: +11.1%+22.6% ★ Q1'26: +24.3% (vs Q1'25)
-
Share dilution Beverages - Non-Alcoholic: +0.1%+0.0% Q1'26: +0.7% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Beverages - Non-Alcoholic: -0.18×0.08× ★ Q1'26: 0.05× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 7 Rev. Ana. 1 EPS Ana. |
Dec 2027 6 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
6.34B
est: 6.34B (+0.0%)
|
5.34B
est: 5.36B (-0.4%)
|
5.69B
est: 5.74B (-0.9%)
|
5.20B
est: 5.17B (+0.7%)
|
5.33B
est: 5.33B (+0.0%)
|
5.10B
est: 5.10B (-0.1%)
|
5.23B
est: 5.19B (+0.7%)
|
6.34B
est: 6.17B (+2.7%)
|
8.05B
est: 8.00B (+0.6%)
|
8.59B
est: 8.72B (-1.5%)
|
8.09B
est: 8.49B (-4.8%)
|
8.99B
8.77B – 9.32B
+5.9% YoY
|
9.51B
9.18B – 10.09B
+5.8% YoY
|
| EBITDA |
1.43B
est: 1.49B (-4.0%)
|
917.39M
est: 1.26B (-27.2%)
|
914.99M
est: 1.35B (-32.2%)
|
594.16M
est: 1.21B (-51.1%)
|
1.00B
est: 1.25B (-20.1%)
|
1.15B
est: 1.20B (-4.3%)
|
1.17B
est: 1.22B (-4.3%)
|
1.39B
est: 1.45B (-4.0%)
|
1.94B
est: 1.88B (+3.2%)
|
2.28B
est: 2.41B (-5.3%)
|
1.93B
est: 2.35B (-17.7%)
|
2.48B
2.42B – 2.57B
+5.9% YoY
|
2.63B
2.54B – 2.79B
+5.8% YoY
|
| EBIT |
942.59M
est: 912.95M (+3.2%)
|
403.92M
est: 771.82M (-47.7%)
|
362.19M
est: 826.40M (-56.2%)
|
21.11M
est: 744.00M (-97.2%)
|
428.15M
est: 768.19M (-44.3%)
|
556.19M
est: 735.14M (-24.3%)
|
584.52M
est: 747.83M (-21.8%)
|
822.88M
est: 888.92M (-7.4%)
|
1.37B
est: 1.15B (+19.1%)
|
1.71B
est: 2.15B (-20.4%)
|
1.33B
est: 2.09B (-36.3%)
|
2.22B
2.16B – 2.30B
+5.9% YoY
|
2.34B
2.26B – 2.49B
+5.8% YoY
|
| Net Income |
812.74M
est: 845.96M (-3.9%)
|
368.48M
est: 383.21M (-3.8%)
|
315.09M
est: 297.02M (+6.1%)
|
43.84M
est: 52.00M (-15.7%)
|
407.45M
est: 383.50M (+6.2%)
|
515.53M
est: 528.63M (-2.5%)
|
546.77M
est: 546.00M (+0.1%)
|
641.64M
est: 601.64M (+6.6%)
|
1.10B
est: 1.08B (+1.6%)
|
1.31B
est: 1.38B (-5.5%)
|
1.33B
est: 1.26B (+5.6%)
|
1.36B
1.30B – 1.44B
+8.0% YoY
|
1.44B
1.39B – 1.53B
+6.3% YoY
|
| SGA |
1.15B
est: 379.34M (+203.2%)
|
917.54M
est: 320.69M (+186.1%)
|
811.40M
est: 343.37M (+136.3%)
|
640.59M
est: 309.13M (+107.2%)
|
553.44M
est: 319.19M (+73.4%)
|
313.89M
est: 305.45M (+2.8%)
|
292.68M
est: 310.72M (-5.8%)
|
319.48M
est: 369.35M (-13.5%)
|
526.89M
est: 478.93M (+10.0%)
|
565.73M
est: 546.08M (+3.6%)
|
609.13M
est: 531.47M (+14.6%)
|
562.87M
548.92M – 583.17M
+5.9% YoY
|
595.54M
574.35M – 631.51M
+5.8% YoY
|
| EPS |
0.63
est: 0.65 (-3.2%)
|
0.28
est: 0.29 (-5.0%)
|
0.24
est: 0.23 (+5.0%)
|
0.03
est: 0.04 (-15.8%)
|
0.31
est: 0.30 (+5.1%)
|
0.40
est: 0.41 (-1.6%)
|
0.42
est: 0.42 (+0.0%)
|
0.49
est: 0.46 (+5.9%)
|
0.85
est: 0.83 (+2.0%)
|
1.00
est: 1.06 (-6.0%)
|
1.02
est: 0.97 (+5.5%)
|
1.04
1.00 – 1.11
+8.0% YoY
|
1.11
1.07 – 1.18
+6.3% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-06-09 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-06-08 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-06-05 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-06-04 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-06-02 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-29 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-28 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-27 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-26 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-25 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-22 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-21 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-20 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-19 | A | 4/5 | 3/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-18 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 4/5 | 3/5 | 2/5 |
| 2026-05-15 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-14 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-13 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-12 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-11 | A | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-08 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-05-07 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-05-06 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-05-05 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-04-30 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-04-29 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-04-28 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-04-27 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-04-24 | A+ | 4/5 | 5/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-04-23 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-22 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-21 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-20 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-17 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-16 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 2/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
386.88M
OE per share TTM
0.31
Owner's Yield
2.31%
Maintenance CapEx ratio
22.03%
Maint CapEx / Avg PPE
65.4%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 10 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | WisdomTree Emerging Markets SmallCap Dividend Fund DGS | 0.12% | 2.05M | 0.58% |
| 2 | WisdomTree Emerging Markets High Dividend Fund DEM | 0.06% | 2.32M | 0.63% |
| 3 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.03% | 40.5K | 0.42% |
| 4 | Avantis Emerging Markets Equity UCITS ETF USD Acc AVEM.L | 0.01% | 31.8K | 0.35% |
| 5 | Dimensional - Emerging Markets ex China Core Equity ETF DEXC | 0.01% | 35.4K | 0.56% |
| 6 | Avantis Emerging Markets ex-China Equity ETF AVXC | 0.01% | 27.3K | 0.33% |
| 7 | Dimensional Emerging Markets Sustainability Core 1 ETF DFSE | 0.01% | 39.4K | 0.44% |
| 8 | Dimensional - Emerging Core Equity Market ETF DFAE | 0.00% | 422.5K | 0.29% |
| 9 | Dimensional - Emerging Markets Core Equity 2 ETF DFEM | 0.00% | 183.1K | 0.39% |
| 10 | Avantis Emerging Markets Equity ETF AVEM | 0.00% | 344.4K | 0.33% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
666.0K
Shares Outstanding
1.30B
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Passakornnatee | Senior EVice President & Executive Vice Chairman | 2M | female |
| Tanapan Khongnuntha | Executive Vice President of Beverage Business & Executive Director | 1M | male |
| Tanita Passakornnatee | President, Chief Executive Officer & Executive Director | 1M | male |
| Thiti Jiranonkan | Acting Executive Vice President of Manufacturing & Executive Director | 691.6K | male |
| Araya Panichayunont | Financial Director & Executive Director | 345.8K | female |
| Apichat Sukajirawat | Chief Financial Officer, Executive Vice President of Accounting & Finance and Executive Director | — | male |
| Wimolwan Saelao | Director of Accounting & Chief Accountant | — | female |
| Jaruwat Rattanapukdee | Head of Internal Audit | — | male |
| Jinda Songrod | Company Secretary & Associate Director - Office of President | — | female |
| Krit Pimparat | Head of Compliance Unit | — | male |
| Piyada Wasintapa | Head of Investor Relations | — | female |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
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Community Opinion for ICHI-R.BK
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
