Valuation Indorama Ventures

Stocks

End-of-day quote Thailand S.E. 2026-09-04			5-day change	1st Jan Change
25.50 ^THB	+2.00%		+5.37%	+58.39%

08-18	Indorama Ventures Public Company Limited, Q2 2026 Earnings Call, Aug 11, 2026
08-14	Indorama Ventures Public Company Limited Announces an Interim Cash Dividend for the Operating Period from 01 April 2026 to 30 June 2026, Payable on 10 September 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	242,829	228,793	152,997	139,802	90,394	143,171	-	-
Change	-	-5.78%	-33.13%	-8.62%	-35.34%	58.39%	-	-
Enterprise Value (EV) ¹	450,600	461,362	388,646	384,702	326,544	371,544	349,840	332,763
Change	-	2.39%	-15.76%	-1.01%	-15.12%	13.78%	-5.84%	-4.88%
P/E	9.51x	7.56x	-13.2x	-6.82x	-12.3x	18.8x	17.5x	15.6x
PBR	1.53x	1.23x	0.93x	1.11x	0.77x	1.16x	1.07x	1.01x
PEG	-	0.4x	0x	-0.1x	0.2x	-0x	2.28x	1.3x
Capitalization / Revenue	0.52x	0.35x	0.28x	0.26x	0.2x	0.29x	0.29x	0.29x
EV / Revenue	0.96x	0.7x	0.72x	0.71x	0.73x	0.76x	0.72x	0.67x
EV / EBITDA	7.06x	6.17x	11.3x	9.37x	13.2x	7.89x	7.12x	6.44x
EV / EBIT	10.7x	9.41x	58.2x	29.4x	-382x	15.4x	15x	13x
EV / FCF	32.6x	8.81x	13.3x	20.2x	10.8x	36.1x	19.8x	13.9x
FCF Yield	3.07%	11.3%	7.49%	4.96%	9.24%	2.77%	5.05%	7.17%
Dividend per Share ²	1	1.45	0.925	0.7	0.7	0.7125	0.7883	0.83
Rate of return	2.31%	3.56%	3.39%	2.81%	4.35%	2.79%	3.09%	3.25%
EPS ²	4.55	5.39	-2.06	-3.65	-1.309	1.356	1.461	1.639
Distribution rate	22%	26.9%	-44.9%	-19.2%	-53.5%	52.5%	54%	50.7%
Net sales ¹	468,108	656,266	541,458	541,583	447,246	488,839	489,161	496,922
EBITDA ¹	63,825	74,772	34,373	41,078	24,681	47,088	49,138	51,635
EBIT ¹	42,089	49,050	6,675	13,089	-854.8	24,070	23,344	25,528
Net income ¹	26,288	31,006	-10,798	-19,262	-7,348	7,575	8,326	9,371
Net Debt ¹	207,771	232,569	235,649	244,900	236,150	228,373	206,669	189,592
Reference price ²	43.25	40.75	27.25	24.90	16.10	25.50	25.50	25.50
Nbr of stocks (in thousands)	5,614,552	5,614,552	5,614,552	5,614,552	5,614,552	5,614,552	-	-
Announcement Date	2/27/22	2/25/23	2/23/24	2/26/25	3/2/26	-	-	-

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.($)
INDORAMA VENTURES	18.8x	0.76x	7.89x	2.79%	4.35B
AIR LIQUIDE	27.5x	4.26x	13.69x	2.1%	126B
NAN YA PLASTICS CORPORATION	16.58x	5.97x	31.16x	2.87%	56.53B
SABIC	58.16x	1.35x	9.5x	5.97%	39.5B
WANHUA CHEMICAL GROUP CO., LTD.	12.64x	1.28x	6.88x	2.68%	36.21B
NINGXIA BAOFENG ENERGY GROUP CO., LTD.	10.09x	3.26x	7.66x	4.3%	26.43B
SOLAR INDUSTRIES INDIA LIMITED	75.6x	13.71x	49.9x	0.07%	20.55B
LYONDELLBASELL INDUSTRIES N.V.	8.68x	0.87x	5.34x	4.35%	20.52B
RONGSHENG PETROCHEMICAL CO., LTD.	19.54x	0.86x	6.57x	1.19%	20.5B
HENGLI PETROCHEMICAL CO.,LTD.	11.33x	1.02x	8.2x	3.7%	19.94B
Average	25.89x	3.33x	14.68x	3%	37.06B
Weighted average by Cap.	26.62x	3.78x	15.60x	2.9%