Research

F&B: Hot And Tasty

market-avatar

Algo Research Team


The content provided here is for informational purpose only. It is not an advise or recommendation. Please do your own research.
content-img

Key Summary:


  • China case study: Haidilao
  • Industry comparable and valuation
  • Indonesian market

The F&B (Food and Beverages) business is an interesting sector to analyze. Globally, there have been many players over the past decades. The old guards of F&B in the world had been McDonalds, KFC and Starbucks, whose market capitalization are USD200bn, USD64bn and USD100bn, respectively. These are mostly US companies, the nation whose influence had been followed in the past decades.


However, cultural and lifestyle influence led by the East have been growing rapidly all around the world such as the rise of Asian F&B (i.e. Bubble tea). One Chinese F&B player that has marked its name globally is Haidilao Hot Pot, a household name known for its the famous Chinese hotpot. It has a market cap of USD12bn, though was valued over USD53bn at one point in 2021.


How was our research?


DISCLAIMER: Algo is an independent research platform and is not affiliated with any financial institution. We are not a licensed securities dealer, financial advisor, broker, or investment bank. The contents shared across our website, and social media platforms are intended for informational purposes only and reflect our views and opinions. It is not meant to be construed as financial advice and/or a recommendation to buy or sell an asset. Past performance does not guarantee future results. As a research platform, our contents are made to provide data-driven information and research-based articles, and should not be used as a basis for making any investment decisions. We strongly encourage you to conduct your own research and consult with a licensed financial advisor before making any investment decisions. Algo is not regulated by OJK (Otoritas Jasa Keuangan) and does not provide any investment services. We are not responsible for any financial decisions you make based on the information provided. All content is presented with the intent of informing only.