Valuation Thai Oil

Stocks

End-of-day quote Thailand S.E. 2026-08-25			5-day change	1st Jan Change
60.25 ^THB	-3.98%		-4.74%	+67.36%

Aug. 14	Thai Oil Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
Jun. 22	Thai Oil Denies Involvement in Illicit Stockpiling Amid Hormuz Shipping Scrutiny	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	100,981	125,653	120,069	63,106	80,418	134,589	-	-
Change	-	24.43%	-4.44%	-47.44%	27.43%	67.36%	-	-
Enterprise Value (EV) ¹	269,433	257,808	269,900	197,723	145,510	213,216	221,656	215,037
Change	-	-4.31%	4.69%	-26.74%	-26.41%	46.53%	3.96%	-2.99%
P/E	8.02x	3.6x	6.18x	6.33x	5.51x	3.91x	8.81x	7.89x
PBR	0.84x	0.83x	0.73x	0.39x	0.47x	0.65x	0.62x	0.58x
PEG	-	0x	-0.1x	-0.1x	0.1x	0x	-0.2x	0.7x
Capitalization / Revenue	0.29x	0.24x	0.26x	0.14x	0.2x	0.27x	0.32x	0.28x
EV / Revenue	0.78x	0.49x	0.58x	0.42x	0.37x	0.44x	0.52x	0.45x
EV / EBITDA	8.89x	4.96x	7.22x	9.42x	8.23x	3.9x	6.69x	5.55x
EV / EBIT	11.8x	5.82x	9.13x	15.3x	15.1x	4.35x	9.71x	8.2x
EV / FCF	-10.9x	22.8x	19.9x	6.5x	3.79x	32.8x	76x	9.99x
FCF Yield	-9.15%	4.39%	5.03%	15.4%	26.4%	3.05%	1.32%	10%
Dividend per Share ²	2.6	4	3.4	1.9	1.8	4.721	2.804	3.716
Rate of return	5.25%	7.11%	6.33%	6.73%	5%	7.83%	4.65%	6.17%
EPS ²	6.17	15.63	8.7	4.46	6.53	15.41	6.841	7.639
Distribution rate	42.1%	25.6%	39.1%	42.6%	27.6%	30.6%	41%	48.6%
Net sales ¹	345,496	529,589	469,244	466,777	395,682	489,805	425,027	479,476
EBITDA ¹	30,309	52,014	37,359	20,999	17,686	54,619	33,124	38,749
EBIT ¹	22,885	44,270	29,560	12,893	9,621	49,005	22,822	26,213
Net income ¹	12,578	32,668	19,443	9,959	11,852	34,019	15,808	17,585
Net Debt ¹	168,451	132,155	149,832	134,617	65,092	78,628	87,068	80,449
Reference price ²	49.50	56.25	53.75	28.25	36.00	60.25	60.25	60.25
Nbr of stocks (in thousands)	2,040,028	2,233,836	2,233,836	2,233,836	2,233,836	2,233,836	-	-
Announcement Date	2/15/22	2/10/23	2/14/24	2/14/25	2/12/26	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THAI OIL	4.07x	0.45x	4.01x	7.52%	4.29B
EXXONMOBIL HOLDINGS CORPORATION	14.33x	1.71x	7.37x	2.53%	675B
RELIANCE INDUSTRIES LTD	20.4x	1.68x	9.78x	0.45%	185B
BP PLC	7.42x	0.59x	2.72x	4.68%	113B
MARATHON PETROLEUM CORPORATION	7.18x	0.77x	5.12x	1.13%	102B
VALERO ENERGY CORPORATION	8.46x	0.68x	5.27x	1.4%	99.62B
PHILLIPS 66	9.18x	0.66x	6.77x	2.1%	96.55B
CHINA PETROLEUM & CHEMICAL CORPORATION	11.3x	0.37x	5.92x	6.28%	91.06B
SUNCOR ENERGY INC.	9.43x	1.84x	4.75x	2.59%	78.89B
IMPERIAL OIL LIMITED	12.76x	1.51x	8.38x	1.8%	66.36B
Average	10.45x	1.03x	6.01x	3.05%	151.08B
Weighted average by Cap.	12.82x	1.34x	6.80x	2.45%