Thai Oil PCL

Chart & Performance

D1W1MN

P/E

4.86

P/S

0.11

EPS

4.46

Div Yield, %

18.09%

Shrs. gr., 5y

1.77%

Rev. gr., 5y

4.71%

Revenues

455.86b

-2.85%

Net income

9.96b

-48.78%

CFO

39.35b

+40.11%

Dividend

Sep 12, 20240.0325488 EUR/sh

Earnings

May 07, 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	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	455,856,875 -2.85%	469,243,888 -7.21%	505,703,224 50.58%
Cost of revenue	453,884,301	439,684,343	485,318,780
Unusual Expense (Income)
NOPBT	1,972,574	29,559,545	20,384,444
NOPBT Margin	0.43%	6.30%	4.03%
Operating Taxes	2,283,366	4,671,722	8,917,862
Tax Rate	115.76%	15.80%	43.75%
NOPAT	(310,792)	24,887,823	11,466,582
Net income	9,958,628 -48.78%	19,443,166 -40.48%	32,668,135 159.72%
Dividends	(8,822,983)	(5,248,900)	(8,546,849)
Dividend yield	13.98%	4.37%	7.42%
Proceeds from repurchase of equity			10,368,712
BB yield			-9.01%
Debt
Debt current	9,346,423	14,689,642	23,494,498
Long-term debt	184,564,699	190,636,773	195,273,113
Deferred revenue
Other long-term liabilities	10,136,618	8,617,904	9,482,731
Net debt	110,747,676	123,936,433	120,396,139
Cash flow
Cash from operating activities	39,354,702	28,087,769	43,250,757
CAPEX	(9,190,621)	(14,503,557)	(32,108,153)
Cash from investing activities	(14,008,582)	(19,691,942)	(9,049,146)
Cash from financing activities	(24,627,138)	(23,071,881)	(20,252,868)
FCF	14,184,461	4,928,124	(11,838,361)
Balance
Cash	39,737,314	34,376,160	43,576,052
Long term investments	43,426,133	47,013,822	54,795,421
Excess cash	60,370,603	57,927,788	73,086,312
Stockholders' equity	170,060,543	157,612,966	154,616,214
Invested Capital	290,305,419	303,237,485	290,430,052
ROIC		8.38%	4.17%
ROCE	0.56%	8.18%	5.61%
EV
Common stock shares outstanding	2,234,000	2,234,000	2,046,469
Price	28.25 -47.44%	53.75 -4.44%	56.25 13.64%
Market cap	63,110,500 -47.44%	120,077,500 4.31%	115,113,864 14.00%
EV	176,596,740	246,757,864	238,133,073
EBITDA	10,078,498	37,359,007	28,128,775
EV/EBITDA	17.52	6.61	8.47
Interest	4,051,967	4,088,510	3,860,037
Interest/NOPBT	205.42%	13.83%	18.94%