Thai Oil PCL

Chart & Performance

D1W1MN

P/E

3.84

P/S

0.16

EPS

7.42

Div Yield, %

250.40%

Shrs. gr., 5y

1.77%

Rev. gr., 5y

3.80%

Revenues

469.24b

-7.21%

Net income

19.44b

-40.48%

CFO

28.09b

-35.06%

Dividend

Sep 12, 20240.0325488 EUR/sh

Earnings

Feb 12, 2025

Profile

Thai Oil Public Company Limited, together with its subsidiaries, engages in the oil refining and distribution, petrochemicals, lube base oil, and other businesses in Thailand and internationally. It operates through Oil Refinery, Lube Base Oil Refinery, Petrochemical, Power Generation, Marine Transportation Services, Solvent, Ethanol, and Others segments. The company produces gasoline, diesel/gas oil, jet fuel, kerosene, fuel oil, and liquefied petroleum gas; and petrochemical products, such as paraxylene, benzene, toluene, and mixed xylenes. It also produces and distributes lube base oil, bitumen/asphalt, and other by-products, as well as special products, such as treated distillate aromatics extract and slack wax; and hydrocarbon and chemical solvents, and other chemicals. In addition, the company operates natural gas-fired combined-cycle co-generation power plants that generate and sell electricity, steam, and utilities to industrial users, as well as invests in other power generating companies and related business. Further, it is involved in the marine transportation of petroleum, petrochemical, and liquid chemical products; production of ethanol; provision of marine transportation services for crew and utilities; and biogas power generation and distribution. Additionally, the company provides human resource management services; and manufactures and sells linear alkyl benzene and related products. Thai Oil Public Company Limited was founded in 1961 and is headquartered in Bangkok, Thailand.

URL

https://www.thaioilgroup.com//home/landing.aspx

IPO date

Oct 26, 2004

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title THB in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title THB in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	469,243,888 -7.21%	505,703,224 50.58%	335,827,481 38.29%
Cost of revenue	439,684,343	485,318,780	322,611,570
Unusual Expense (Income)
NOPBT	29,559,545	20,384,444	13,215,911
NOPBT Margin	6.30%	4.03%	3.94%
Operating Taxes	4,671,722	8,917,862	2,033,502
Tax Rate	15.80%	43.75%	15.39%
NOPAT	24,887,823	11,466,582	11,182,410
Net income	19,443,166 -40.48%	32,668,135 159.72%	12,578,026 -584.61%
Dividends	(5,248,900)	(8,546,849)	(2,651,901)
Dividend yield	4.37%	7.42%	2.63%
Proceeds from repurchase of equity		10,368,712
BB yield		-9.01%
Debt
Debt current	14,689,642	23,494,498	6,389,116
Long-term debt	190,636,773	195,273,113	207,140,977
Deferred revenue			5,172,188
Other long-term liabilities	8,617,904	9,482,731	3,473,359
Net debt	123,936,433	120,396,139	128,268,954
Cash flow
Cash from operating activities	28,087,769	43,250,757	10,503,767
CAPEX	(14,503,557)	(32,108,153)	(35,435,532)
Cash from investing activities	(19,691,942)	(9,049,146)	(43,336,611)
Cash from financing activities	(23,071,881)	(20,252,868)	8,245,448
FCF	4,928,124	(11,838,361)	(41,986,078)
Balance
Cash	34,376,160	43,576,052	27,974,052
Long term investments	47,013,822	54,795,421	57,287,088
Excess cash	57,927,788	73,086,312	68,469,765
Stockholders' equity	157,612,966	154,616,214	128,442,345
Invested Capital	303,237,485	290,430,052	258,893,814
ROIC	8.38%	4.17%	4.85%
ROCE	8.18%	5.61%	4.03%
EV
Common stock shares outstanding	2,234,000	2,046,469	2,040,000
Price	53.75 -4.44%	56.25 13.64%	49.50 -4.81%
Market cap	120,077,500 4.31%	115,113,864 14.00%	100,980,000 -5.11%
EV	246,757,864	238,133,073	231,462,290
EBITDA	37,359,007	28,128,775	20,640,253
EV/EBITDA	6.61	8.47	11.21
Interest	4,088,510	3,860,037	3,594,681
Interest/NOPBT	13.83%	18.94%	27.20%