Valuation : TPI Polene Power

Market Cap 14.78B 449M 386M 363M 332M 619M 42.6B 622M 4.31B 1.67B 21.77B 1.69B 1.65B 69.29B P/E 2024
7.53x
P/E 2025 6.71x
Enterprise Value 40.29B 1.22B 1.05B 990M 904M 1.69B 116B 1.7B 11.74B 4.54B 59.33B 4.6B 4.5B 189B EV / Sales 2024
4.65x
EV / Sales 2025 4.49x
Free-Float
24.19%
Yield 2024
5.41%
Yield 2025 3.87%
08-07 TPI Polene Power Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
05-07 TPI Polene Power Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
04-17 TPI Polene Power Public Company Limited Approves the Amendment to the Company's Objectives in the Business Registration Certificate CI
03-12 TPI Polene Power Public Company Limited Announces Notification of the Amendment to the Land Lease Agreement CI
02-25 TPI Polene Power Public Company Limited announces Annual dividend, payable on May 08, 2026 CI
02-23 TPI Polene Power Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
02-19 TPI Polene Power posts FY profit attributable of 2.27 bln baht RE
12-12 TPI Polene Power Public Company Limited Announces Commercial Operation of Municipal Solid Waste-to-Energy Power Plant for Electricity Supply of 7.92 MW, at Koh Taeo Subdistrict, Muang District, Songkhla Province, on 8 December 2025 CI
11-06 TPI Polene Power posts qtrly profit 492 million Baht RE
11-06 TPI Polene Power Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
25-08-08 TPI Polene Power Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
25-08-08 TPI Polene Power posts qtrly profit 474 million baht RE
25-05-08 TPI Polene Power Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
1 year 1.78
Extreme 1.78
1.78
3 years 1.78
Extreme 1.78
1.78
5 years 1.78
Extreme 1.78
3.62
10 years 1.78
Extreme 1.78
7.15
Manager TitleAgeSince
Chief Executive Officer 82 1990-12-31
Director of Finance/CFO 43 2016-01-31
President 46 2016-01-31
Director TitleAgeSince
Director/Board Member 77 1990-12-31
Director/Board Member 75 1990-12-31
Director/Board Member 79 2015-12-31
Change 5-day change 1-year change 3-year change Capi.($)
-50.83%-.--% - - 449M
-0.74%-2.66%-6.28%+11.63% 2.02B
+0.27%-0.14%-10.86% - 1.95B
0.00%0.00%-20.72%-49.13% 449M
0.00%-0.76%-1.52%-23.98% 385M
+8.52%+35.23%+15.53%-74.63% 319M
0.00%-1.27%-19.59%-11.36% 206M
-0.47%-1.91%-19.65%-9.04% 197M
0.00%+22.64%+420.00%-90.71% 84.18M
Average -4.81%+5.80%+44.61%-35.32% 702.19M
Weighted average by Cap. -3.49%+1.27%-2.03%-11.84%

Financials

2024 2025
Net sales 10.75B 327M 281M 264M 241M 450M 30.97B 452M 3.13B 1.21B 15.83B 1.23B 1.2B 50.37B 9.07B 276M 237M 223M 203M 380M 26.12B 382M 2.64B 1.02B 13.35B 1.03B 1.01B 42.49B
Net income 3.3B 100M 86.3M 81.19M 74.09M 138M 9.52B 139M 962M 372M 4.86B 377M 369M 15.48B 2.27B 68.87M 59.21M 55.71M 50.84M 94.87M 6.53B 95.36M 660M 255M 3.34B 259M 253M 10.62B
Net Debt 25.09B 762M 656M 617M 563M 1.05B 72.29B 1.06B 7.31B 2.83B 36.95B 2.86B 2.8B 118B 25.5B 775M 666M 627M 572M 1.07B 73.49B 1.07B 7.43B 2.87B 37.56B 2.91B 2.85B 120B
Logo TPI Polene Power
TPI Polene Power Public Company Limited is a Thailand-based company, which is engaged in manufacturing, distributing electricity, and refuse derived fuel, organic waste and distributing diesel and natural gas to approximately 12 stations. It operates three types of power plants: waste heat recovery power plants, municipal solid waste-to-energy plants, and coal-fired power plants supplemented with additional renewable fuels. Its segments include Energy & Utilities and Petrol and Gas Stations. It has about eight petrol stations, one natural gas station, and three petrol and natural gas stations under the TPIPP brand, which are three stations located in Bangkok and six stations in provincial areas, consisting of three stations in Saraburi Province, one station in Ubon Ratchathani Province, one station in Nakhon Sawan Province, and one station in Samut Prakan Province. It procures fuel for gas stations from gas companies, such as Bangchak Corporation Public Company Limited and others.
Employees
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Annual profits - Rate of surprise

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