Valuation TPI Polene Thailand S.E.

Stocks

End-of-day quote Thailand S.E. 2025-01-03			5-day change	1st Jan Change
0.9900 ^THB	-20.80%		-.--%	-

09-25	TPI Polene Power to Lease Space from Parent for Solar Project	MT
09-24	TPI Polene Public Company Limited Enters into Lease Agreement with TPI Polene Power Public Company Limited	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	34,851	32,898	34,462	26,509	20,450	13,065
Change	-	-5.61%	4.76%	-23.08%	-22.86%	-36.11%
Enterprise Value (EV) ¹	87,190	95,372	95,163	93,340	91,488	88,268
Change	-	9.38%	-0.22%	-1.92%	-1.98%	-3.52%
P/E	23.2x	5.79x	4.92x	8.24x	14.2x	6.54x
PBR	0.8x	0.68x	0.65x	0.48x	0.38x	0.23x
PEG	-	0x	0.2x	-0.2x	-0.3x	0.2x
Capitalization / Revenue	1.02x	0.85x	0.72x	0.62x	0.57x	0.38x
EV / Revenue	2.54x	2.45x	1.98x	2.18x	2.56x	2.55x
EV / EBITDA	9.43x	7.99x	7.62x	10x	11.9x	9.6x
EV / EBIT	18.6x	10.5x	10.1x	15.1x	19.5x	14.6x
EV / FCF	-32.3x	-8.67x	48.6x	-23.8x	-46.7x	-26.1x
FCF Yield	-3.09%	-11.5%	2.06%	-4.2%	-2.14%	-3.83%
Dividend per Share ²	0.06	0.09	0.1	0.1	0.05	0.03
Rate of return	3.26%	5.23%	5.49%	7.14%	4.63%	4.35%
EPS ²	0.0793	0.2969	0.3699	0.1699	0.0762	0.1055
Distribution rate	75.7%	30.3%	27%	58.8%	65.6%	28.4%
Net sales ¹	34,276	38,920	48,133	42,807	35,770	34,628
EBITDA ¹	9,247	11,933	12,492	9,297	7,675	9,197
EBIT ¹	4,676	9,043	9,402	6,184	4,690	6,033
Net income ¹	1,498	5,671	7,008	3,218	1,442	1,999
Net Debt ¹	52,339	62,475	60,701	66,831	71,038	75,203
Reference price ²	1.8400	1.7200	1.8200	1.4000	1.0800	0.6900
Nbr of stocks (in thousands)	18,940,892	19,126,500	18,935,235	18,935,235	18,935,235	18,935,235
Announcement Date	2/22/21	2/23/22	2/14/23	2/27/24	2/14/25	2/24/26

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.($)
CRH PLC	14.31x	1.71x	8.31x	1.92%	54.99B
HOLCIM LTD	17.72x	2.44x	9.67x	2.9%	43.22B
MARTIN MARIETTA MATERIALS, INC.	33.46x	5.84x	17.38x	0.72%	34.48B
ULTRATECH CEMENT LIMITED	32.09x	3.33x	17.07x	0.98%	33.14B
VULCAN MATERIALS COMPANY	27.29x	4.3x	14.4x	0.86%	31.82B
HEIDELBERG MATERIALS AG	11.79x	1.41x	6.57x	2.61%	28.65B
CHINA JUSHI CO., LTD.	20.21x	6.3x	12.42x	2.15%	23.33B
GRASIM INDUSTRIES LIMITED	67.76x	4.24x	65.59x	0.34%	20.93B
AMRIZE AG	15.23x	1.92x	7.72x	1.44%	20.18B
Average	26.65x	3.50x	17.68x	1.54%	32.3B
Weighted average by Cap.	24.67x	3.31x	15.49x	1.64%