China Galaxy International's Rasmiman Sermprasert said in a research report that Betagro's net profit for the fourth fiscal quarter may have declined by 40%-50%. The analyst said the reason was lower pork prices and high seasonal sales, general, and administrative expenses, but the decline in biological asset returns and financial costs offset these effects to a certain extent. Betagro's valuation is higher than its peers, and the Thai agro-industrial and food company faces high costs, making its profitability highly sensitive to pig cycles and feed costs. The broker maintained the stock's holding rating, but raised its target price from 17.70 baht to 18.30 based on an expected price-earnings ratio of 7.7 times in 2026.

China Galaxy International's Rasmiman Sermprasert said in a research report that Betagro's net profit for the fourth fiscal quarter may have declined by 40%-50%. The analyst said the reason was lower pork prices and high seasonal sales, general, and administrative expenses, but the decline in biological asset returns and financial costs offset these effects to a certain extent. Betagro's valuation is higher than its peers, and the Thai agro-industrial and food company faces high costs, making its profitability highly sensitive to pig cycles and feed costs. The broker maintained the stock's holding rating, but raised its target price from 17.70 baht to 18.30 based on an expected price-earnings ratio of 7.7 times in 2026.