BTG.BK
Unloved QualityBetagro Public Company Limited · Consumer Defensive · Thailand · $1.2B cap · $2.6M/day traded
THB 21.40 -2.3% · close 12 Nov · scored 13 Nov
Score down 1.9 since 12 Nov.
Unloved Quality: Strong and cheap, but the market has not warmed to it.
As of 13 Nov 2026, the MoatMap Score for Betagro Public Company Limited (BTG.BK) is 76/100, ranked against 25,000+ stocks in 38 markets (Quality 56, Value 72, Momentum 46, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT BETAGRO PUBLIC COMPANY LIMITED
Read
Betagro Public Company Limited operates through agro-industrial and food business in Thailand, Southeast Asia, the rest of Asia, and internationally. It operates through four segments: Agro Business, Consumer Food Business, Pet Business, and Others.
FINANCIAL SUMMARY (THB)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 112.6B | 108.6B | 114.2B | 122.4B | 2.8% | 119.9B | 125.8B | 130.7B | 3.3% |
| EPS (THB) | 5.05 | -0.72 | 1.27 | 3.46 | -11.8% | 2.00 | 2.43 | 2.88 | -8.8% |
| Shares | 1.9B | 1.9B | 1.9B | 1.9B | -0.9% | 1.9B | — | — | — |
| Debt | 23.7B | 24.6B | 27.7B | 19.2B | -6.8% | 24.8B | — | — | — |
| Equity | 28.5B | 25.1B | 27.1B | 32.2B | 4.2% | — | — | — | — |
| Op CF | 10.7B | 3.2B | 4.0B | 14.2B | 9.7% | 7.4B | — | — | — |
| Inv CF | -2.0B | -4.4B | -3.2B | -4.4B | — | — | — | — | — |
| Fin CF | -3.3B | -3.2B | 640.6M | -11.4B | — | — | — | — | — |
Above its 200-day average and 16% below its 52-week high.
The Momentum score still reads 46: it weighs six months of price and earnings revisions, so it trails a turn like this.
Calmer than 65% of stocks we rank over the past year (volatility 34% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend (this stock): It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Defensive, ranked by industry match, size, and score similarity. Cross-listings of BTG.BK are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| BTG.BK | Betagro Public Company Limited(you) | $1.2B | 76 |
| TFG.BK | Thaifoods Group Public Company Limited | $1.7B | 81 |
| UVAN.BK | Univanich Palm Oil Public Company Limited | $373M | 80 |
| TFM.BK | Thai Union Feedmill Public Company Limited | $182M | 81 |
| CPF.BK | Charoen Pokphand Foods Public Company Limited | $4.6B | 50 |
| LST.BK | Lam Soon (Thailand) Public Company Limited | $111M | 67 |
| FM.BK | Food Moments Public Company Limited | $120M | 96 |
| PCE.BK | Petchsrivichai Enterprise Public Company Limited | $170M | 49 |
| BR.BK | Bangkok Ranch Public Company Limited | $52M | 80 |
| CPI.BK | Chumporn Palm Oil Industry Public Company Limited | $66M | 62 |
Peer medians: ROE 11.1% · P/E 12.1x · Gross margin 20.2%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.