Valuation Star Petroleum Refining

Stocks

End-of-day quote Thailand S.E. 2026-09-11			5-day change	1st Jan Change
13.40 ^THB	-0.74%		+0.75%	+127.12%

09-09	Innovest X Securities Upgrades Star Petroleum Refining to Outperform from Neutral; Price Target is THB16.70	MT
08-17	Daol Securities Downgrades Star Petroleum Refining to Hold from Buy; Price Target is THB12	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	42,492	46,394	35,771	28,400	25,582	58,101	-	-
Change	-	9.18%	-22.9%	-20.61%	-9.92%	127.12%	-	-
Enterprise Value (EV) ¹	47,601	56,049	48,346	37,279	27,712	50,595	50,167	45,314
Change	-	17.75%	-13.74%	-22.89%	-25.66%	82.58%	-0.85%	-9.67%
P/E	8.99x	6.05x	-29.5x	12.6x	10x	3.38x	10.3x	10.5x
PBR	1.24x	1.2x	0.98x	0.73x	0.67x	1.14x	1.1x	1.05x
PEG	-	0.1x	0x	-0x	0.7x	0x	-0.2x	-6.3x
Capitalization / Revenue	0.25x	0.16x	0.15x	0.1x	0.11x	0.21x	0.22x	0.21x
EV / Revenue	0.28x	0.2x	0.2x	0.14x	0.11x	0.18x	0.19x	0.17x
EV / EBITDA	5.42x	4.58x	31.6x	7.37x	4.59x	2.17x	4.59x	4.73x
EV / EBIT	7.76x	5.81x	-52.1x	15.6x	11.8x	2.72x	7.38x	7.32x
EV / FCF	12.9x	-457x	-74.3x	3.16x	4.61x	3.94x	8.54x	7.17x
FCF Yield	7.73%	-0.22%	-1.35%	31.7%	21.7%	25.4%	11.7%	14%
Dividend per Share ²	-	1.11	-	0.4	0.45	1.42	0.7977	0.7042
Rate of return	-	10.4%	-	6.11%	7.63%	10.6%	5.95%	5.26%
EPS ²	1.09	1.77	-0.28	0.52	0.59	3.969	1.295	1.274
Distribution rate	-	62.7%	-	76.9%	76.3%	35.8%	61.6%	55.3%
Net sales ¹	172,484	285,264	238,284	270,606	241,882	281,314	266,564	271,213
EBITDA ¹	8,781	12,243	1,531	5,059	6,043	23,283	10,928	9,587
EBIT ¹	6,137	9,640	-928.5	2,386	2,357	18,611	6,801	6,187
Net income ¹	4,746	7,674	-1,230	2,235	2,570	17,221	5,538	5,528
Net Debt ¹	5,109	9,655	12,575	8,878	2,130	-7,506	-7,934	-12,787
Reference price ²	9.80	10.70	8.25	6.55	5.90	13.40	13.40	13.40
Nbr of stocks (in thousands)	4,335,902	4,335,902	4,335,902	4,335,902	4,335,902	4,335,902	-	-
Announcement Date	2/22/22	2/24/23	2/20/24	2/19/25	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.($)
STAR PETROLEUM REFINING	3.38x	0.18x	2.17x	10.6%	1.76B
ORLEN SPÓLKA AKCYJNA	6.56x	0.67x	3.72x	5.07%	50.2B
HF SINCLAIR CORPORATION	6.22x	0.57x	4.35x	1.9%	19.17B
TÜRKIYE PETROL RAFINERILERI	11.05x	0.52x	5.34x	12.84%	16.39B
IDEMITSU KOSAN CO.,LTD.	14.57x	0.35x	8.58x	2.43%	12.86B
MOTOR OIL HELLAS CORINTH REFINERIES S.A.	4.6x	0.53x	3.24x	6.29%	8.41B
HELLENIQ ENERGY HOLDINGS S.A.	4.32x	0.49x	3.93x	3.92%	6.33B
CALUMET, INC.	-23.05x	1.39x	10.21x	-.--%	4.99B
CVR ENERGY, INC.	-81.41x	0.66x	7.83x	0.81%	4.99B
Average	-5.97x	0.59x	5.49x	4.87%	13.9B
Weighted average by Cap.	2.94x	0.60x	4.91x	5.06%