Valuation Thai Oil

Stocks

End-of-day quote Thailand S.E. Other stock markets 27/07/2026			5-day change	1st Jan Change
64.00 ^THB	+0.39%		+3.23%	+77.78%

06-22	Thai Oil Denies Involvement in Illicit Stockpiling Amid Hormuz Shipping Scrutiny	MT
05-11	Thai Oil Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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	142,965	-	-
Change	-	24.43%	-4.44%	-47.44%	27.43%	77.78%	-	-
Enterprise Value (EV) ¹	269,433	257,808	269,900	197,723	145,510	225,325	236,735	225,395
Change	-	-4.31%	4.69%	-26.74%	-26.41%	54.85%	5.06%	-4.79%
P/E	8.02x	3.6x	6.18x	6.33x	5.51x	6.02x	9.76x	8.82x
PBR	0.84x	0.83x	0.73x	0.39x	0.47x	0.72x	0.69x	0.66x
PEG	-	0x	-0.1x	-0.1x	0.1x	0.1x	-0.3x	0.8x
Capitalization / Revenue	0.29x	0.24x	0.26x	0.14x	0.2x	0.31x	0.33x	0.29x
EV / Revenue	0.78x	0.49x	0.58x	0.42x	0.37x	0.49x	0.55x	0.46x
EV / EBITDA	8.89x	4.96x	7.22x	9.42x	8.23x	5.02x	7.43x	6.04x
EV / EBIT	11.8x	5.82x	9.13x	15.3x	15.1x	6.5x	11x	9.27x
EV / FCF	-10.9x	22.8x	19.9x	6.5x	3.79x	-10.3x	-60x	11.6x
FCF Yield	-9.15%	4.39%	5.03%	15.4%	26.4%	-9.74%	-1.67%	8.61%
Dividend per Share ²	2.6	4	3.4	1.9	1.8	3.378	2.51	3.196
Rate of return	5.25%	7.11%	6.33%	6.73%	5%	5.28%	3.92%	4.99%
EPS ²	6.17	15.63	8.7	4.46	6.53	10.63	6.556	7.255
Distribution rate	42.1%	25.6%	39.1%	42.6%	27.6%	31.8%	38.3%	44.1%
Net sales ¹	345,496	529,589	469,244	466,777	395,682	464,575	432,062	489,529
EBITDA ¹	30,309	52,014	37,359	20,999	17,686	44,859	31,846	37,307
EBIT ¹	22,885	44,270	29,560	12,893	9,621	34,643	21,551	24,308
Net income ¹	12,578	32,668	19,443	9,959	11,852	24,925	15,124	16,591
Net Debt ¹	168,451	132,155	149,832	134,617	65,092	82,360	93,769	82,430
Reference price ²	49.50	56.25	53.75	28.25	36.00	64.00	64.00	64.00
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	15/2/22	10/2/23	14/2/24	14/2/25	12/2/26	-	-	-

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	6.41x	0.48x	5.01x	5.3%	4.23B
EXXONMOBIL HOLDINGS CORPORATION	13.78x	1.72x	7.26x	2.64%	650B
RELIANCE INDUSTRIES LTD	19.84x	1.65x	9.59x	0.46%	180B
BP PLC	8.1x	0.62x	2.83x	4.68%	113B
MARATHON PETROLEUM CORPORATION	7.28x	0.77x	5.41x	1.31%	90.28B
VALERO ENERGY CORPORATION	9.15x	0.67x	5.81x	1.59%	89.82B
PHILLIPS 66	9.05x	0.64x	6.69x	2.44%	82.9B
SUNCOR ENERGY INC.	10.09x	1.92x	4.94x	2.6%	77.85B
IMPERIAL OIL LIMITED	13.96x	1.54x	8.34x	1.9%	62.25B
OIL AND NATURAL GAS CORPORATION LIMITED	7.38x	0.67x	3.89x	4.98%	32.5B
Average	10.50x	1.07x	5.98x	2.79%	138.29B
Weighted average by Cap.	12.72x	1.40x	6.79x	2.39%