Valuation PTT

Stocks

End-of-day quote Thailand S.E. 2026-09-08			5-day change	1st Jan Change
42.25 ^THB	+1.81%		+1.81%	+32.03%

09-07	Adnoc in Talks with PTT for Refinery Stake in Thailand	MT
09-07	PTT Targets LNG Growth, Diversifies Crude Supply Amid Energy Risks	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	1,085,394	949,720	1,021,127	906,875	914,016	1,196,703	-	-
Change	-	-12.5%	7.52%	-11.19%	0.79%	30.93%	-	-
Enterprise Value (EV) ¹	1,609,372	1,803,259	1,651,392	1,479,267	1,497,004	1,761,255	1,680,640	1,605,936
Change	-	12.05%	-8.42%	-10.42%	1.2%	17.65%	-4.58%	-4.44%
P/E	10x	10.4x	9.12x	10.1x	10.2x	9.98x	11.2x	9.91x
PBR	1.08x	0.9x	0.91x	0.79x	0.8x	1.01x	0.97x	0.84x
PEG	-	-0.7x	0.4x	-0.5x	-	0.3x	-1x	0.8x
Capitalization / Revenue	0.48x	0.28x	0.32x	0.29x	0.34x	0.42x	0.42x	0.41x
EV / Revenue	0.71x	0.54x	0.53x	0.48x	0.56x	0.62x	0.59x	0.55x
EV / EBITDA	3.76x	3.67x	3.87x	3.73x	4.5x	3.91x	3.95x	3.65x
EV / EBIT	6.48x	6.25x	7.21x	6.5x	9.92x	6.32x	6.83x	6.36x
EV / FCF	8.82x	68.1x	7.56x	6.95x	11x	9.9x	10x	8.01x
FCF Yield	11.3%	1.47%	13.2%	14.4%	9.06%	10.1%	9.97%	12.5%
Dividend per Share ²	2	2	2	2.1	2.3	2.278	2.166	2.224
Rate of return	5.26%	6.02%	5.59%	6.61%	7.19%	5.39%	5.13%	5.26%
EPS ²	3.79	3.2	3.92	3.15	3.15	4.234	3.775	4.263
Distribution rate	52.8%	62.5%	51%	66.7%	73%	53.8%	57.4%	52.2%
Net sales ¹	2,258,818	3,367,203	3,144,551	3,090,453	2,662,145	2,852,043	2,831,863	2,906,747
EBITDA ¹	427,956	491,288	426,895	396,234	332,849	450,164	425,840	439,468
EBIT ¹	248,298	288,745	229,168	227,498	150,903	278,871	246,015	252,655
Net income ¹	108,363	91,175	112,024	90,072	90,166	121,025	107,961	113,113
Net Debt ¹	523,978	853,539	630,265	572,392	582,988	564,552	483,937	409,233
Reference price ²	38.00	33.25	35.75	31.75	32.00	42.25	42.25	42.25
Nbr of stocks (in thousands)	28,562,996	28,562,996	28,562,996	28,562,996	28,562,996	28,324,336	-	-
Announcement Date	2/17/22	2/16/23	2/15/24	2/20/25	2/19/26	-	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
PTT	9.8x	0.61x	3.87x	5.49%	35.74B
ARAMCO	13.66x	3.49x	6.57x	5.35%	1,672B
CHEVRON CORPORATION	13.58x	1.88x	6.12x	3.42%	409B
PETROCHINA COMPANY LIMITED	8.47x	0.61x	3.92x	6.15%	293B
SHELL PLC	8.35x	0.93x	4.06x	3.3%	271B
TOTALENERGIES SE	8.36x	1.06x	4.4x	4.56%	200B
CNOOC LIMITED	6.28x	1.76x	2.79x	7.03%	156B
PETROBRAS	3.98x	1.61x	3.03x	7.57%	126B
EQUINOR ASA	8.02x	0.86x	2.12x	3.66%	102B
ENI S.P.A.	8.41x	0.8x	3.97x	4.83%	78.66B
Average	8.89x	1.36x	4.09x	5.14%	334.34B
Weighted average by Cap.	11.40x	2.36x	5.42x	5.07%