1. Thailand Stocks

  2. •

    Consumer Defensive

  3. •

    Agricultural Farm Products
Betagro Public Company Limited

Betagro Public Company Limited

BTG.BK
Betagro Public Company LimitedTH flagStock Exchange of Thailand
19.90
THB
- -
- -
38.14BMarket Cap
Betagro Public Company Limited
BTG.BK
(Stock Exchange of Thailand)

Recent

price

19.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
98.98
106.8
113.9
71.69
55.94
59.03
63.34
62.59
Revenue per Share
1.72
3.15
1.35
5.05
-0.72
1.27
3.46
3.01
Basic EPS, GAAP
4.14
6.34
-4.91
4.81
-0.64
0.28
6.05
5.9
Free Cash Flow per Basic Share
- -
0.8
9.8
7.16
1
0.25
0.5
0.5
Dividend per Share
20.26
22.46
20.46
8.82
5.38
6.31
9.06
9.51
Book Value per Share
18.9
21.44
19.42
17.68
12.63
13.73
16.34
16.36
Tangible Book Value per Share
750
750
750
1,571
1,942
1,935
1,932
1,924
Basic Weighted Avg Shares
74,232
80,102
85,424
112,626
108,638
114,232
122,370
120,429
Sales/Revenue/Turnover
1.85
4.02
1.12
8.72
-0.34
3.53
6.72
5.88
Operating Margin (%)
3,420
3,905
4,066
4,243
4,568
4,972
5,381
5,404
Depreciation Expense
1,292
2,361
1,011
7,938
-1,398
2,466
6,685
5,790
Net Income, GAAP
- -
14.04
19.86
16.05
- -
28.09
13.13
13.41
Effective Tax Rate (%)
1.74
2.95
1.18
7.05
-1.29
2.16
5.46
4.81
Profit Margin (%)
955
5,098
-101
11,146
6,232
8,281
12,843
14,557
Working Capital
9,000
11,757
10,606
8,064
9,690
10,389
10,701
11,193
LT Debt
15,393
17,146
15,522
28,664
25,312
27,288
33,114
33,128
Total Equity
- -
7.13
1.8
16.78
- -
5.53
13.3
10.94
Return on Invested Capital (%)
- -
7.3
3.9
19.88
- -
7.99
18.52
15.4
Return on Capital (%)
- -
14.74
6.28
54.36
-11.5
21.77
45.01
35.73
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
11,809
8,456
9,937
LT Borrowings
6,402
5,990
6,506
LT Finance Leases
4,839
4,711
4,687
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,933
1,917
1,917
Market Capitalization
35,868
35,287
46,948

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
36,027
32,392
35,337
Cash, Cash Equivalents & STI
5,628
1,270
3,973
Accounts Receivable, Net
7,080
7,351
7,282
Inventories
21,901
22,939
23,318
Total Current Liabilities
23,062
19,549
20,780
Payables & Accruals
11,254
11,093
10,843
ST Debt
11,809
8,456
9,937
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
18.53%
21.35%
Free Cash Flow
- -
259.51%
2,040.45%
Net Income, GAAP
- -
81.08%
171.05%
Sales/Revenue/Turnover
- -
9.44%
7.12%
Total Cash Common Dividend
- -
224.05%
100%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27,024
27,225
29,889
30,094
114,232
2025
30,308
31,542
30,583
29,937
122,370
2026
28,366
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
0.32
0.51
- -
1.27
2025
0.98
1.34
0.6
- -
3.46
2026
0.53
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.25
- -
- -
0.25
2025
- -
0.5
- -
- -
0.5
2026
- -
- -
- -
- -
- -
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Business
Betagro Public Company Limited (BTG.BK), founded in 1967 and headquartered in Bangkok, Thailand, operates as a leading integrated agro-industrial and food company with a vertically integrated model spanning upstream to downstream production. The company produces and distributes livestock and aquaculture feeds under brands including Betagro, BE-LAC, P-LAC, FARM, Balance, MASTER, BIO and Amina; animal health products such as veterinary medicines, pharmaceuticals and nutritional supplements; livestock including pigs, broilers and layers; protein products encompassing meat, chicken eggs, fish, processed foods like ready-to-eat, ready-to-cook and semi-cooked items, by-products and protein alternatives; and pet food products featuring snacks, supplementary food, medicine and shampoo for dogs and cats. Betagro maintains production and distribution facilities across all regions of Thailand, exports to over 30 international markets and extends operations to neighboring countries including Cambodia, Laos and Myanmar through investments in animal feed production, ranches and distribution channels. In recent developments, Betagro agreed to acquire Eggriculture Foods Ltd. (SEHK:8609) on August 15, 2024, to bolster its protein and egg production capabilities; Betagro Ventures participated in BiomEdit's Series B funding round on August 11, 2025, supporting innovative poultry bacteria products; and the company announced a THB 4.8 billion investment plan for 2025 expansion targeting 3-7% revenue growth, building on strong 2024 performance.