PTT Public Company Limited

SET-PTT

Basic

Market Cap
THB 906.88B
EV
THB 2,128.98B
Shares Out
28.56B
Revenue
THB 3,170.12B
Employees
—

Margins

Gross
11.84%
EBITDA
12.44%
Operating
7.58%
Pre-Tax
7.36%
Net
3.57%
FCF
6.37%

Returns (5Yr Avg)

ROA
3.01%
ROTA
6.53%
ROE
6.1%
ROCE
7.49%
ROIC
5.25%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
THB 37.32
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
THB 509.21B
Net Debt
THB 691.73B
Debt/Equity
0.7
EBIT/Interest
5.4

Growth (CAGR)

Rev 3Yr
25.34%
Rev 5Yr
6.13%
Rev 10Yr
1.15%
Dil EPS 3Yr
16.39%
Dil EPS 5Yr
0.92%
Dil EPS 10Yr
2.82%
Rev Fwd 2Yr
-0.39%
EBITDA Fwd 2Yr
1.37%
EPS Fwd 2Yr
-4.2%
EPS LT Growth Est
7.3%

Dividends

Yield
—
Payout
50.49%
DPS
THB 2
DPS Growth 3Yr
25.99%
DPS Growth 5Yr
—
DPS Growth 10Yr
4.4%
DPS Growth Fwd 2Yr
-1.2%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Impairment of Oil, Gas & Mineral Properties	—	—				2,368.7	12,912.2	6,763.9	1,178.3	2,070.5	2,650
Total Revenues						2,219,738.7	1,615,664.7	2,258,818.5	3,367,202.7	3,144,550.8	3,170,117
Total Revenues % Chg.						-5%	-27.2%	39.8%	49.1%	-6.6%	-5.8%
Cost of Goods Sold, Total						1,985,411.5	1,460,047.4	1,900,230	2,934,230.3	2,783,089.5	2,794,680.6
Gross Profit						234,327.2	155,617.3	358,588.5	432,972.4	361,461.3	375,436.4
Selling General & Admin Expenses, Total						92,576	95,990.8	110,290.5	144,227.2	132,293.2	133,166.7
Exploration / Drilling Costs, Total			—	—	—	—	—	—	—	—	—
Other Operating Expenses						-12,012.4	-15,817.4	15,469.1	57,892.6	-2,034.2	2,042.9
Other Operating Expenses, Total						80,563.6	80,173.4	125,759.6	202,119.9	130,258.9	135,209.6
Operating Income						153,763.6	75,443.8	232,829	230,852.5	231,202.3	240,226.8
Interest Expense, Total						-26,357	-27,893	-27,196	-35,016	-43,304	-44,458.5
Interest And Investment Income						8,220	4,553	2,979	4,388	14,409	17,296
Net Interest Expenses						-18,137	-23,340	-24,217	-30,628	-28,895	-27,162.5
Income (Loss) On Equity Invest.						6,008	4,177.7	9,010.1	5,849	3,012.6	2,450
Currency Exchange Gains (Loss)						15,312.8	9,269.5	-6,468.6	5,552.4	22,284.8	3,650.8
Other Non Operating Income (Expenses)						-1,614.5	-643.5	-967.3	-2,074.9	-2,079.4	-2,079.4
EBT, Excl. Unusual Items						155,332.9	64,907.6	210,186.2	209,551	225,525.4	217,085.6
Impairment of Goodwill			—	—	—	—	—	—	—	—	—
Gain (Loss) On Sale Of Investments						-221.3	-154.3	53	1,125	2,798	2,798
Gain (Loss) On Sale Of Assets	—	—	—	—		-31.2	-318	-1,275	1,886	6,110	11,202
Asset Writedown			—	—	—	—	—	—	—	—	—
Other Unusual Items		—	—	—	—	—	681	10,694	—	2,160	2,160
EBT, Incl. Unusual Items						155,080.5	65,116.3	219,658.2	212,562	236,593.4	233,245.6
Income Tax Expense						32,988.9	25,166.5	67,590.6	90,462.4	81,313.2	77,169.3
Earnings From Continuing Operations						122,091.6	39,949.8	152,067.6	122,099.7	155,280.2	156,076.3
Earnings Of Discontinued Operations	—				—	—	—	—	—	—	—
Minority Interest						-29,141	-2,184	-43,704.2	-30,924.8	-43,256.3	-42,939.8
Net Income						92,950.6	37,765.8	108,363.4	91,174.9	112,023.9	113,136.5
Preferred Dividend and Other Adjustments						1,491.7	154.6	225.5	-216.2	—	—
Net Income to Common Incl Extra Items						91,458.9	37,611.2	108,137.9	91,391.1	112,023.9	113,136.5
Net Income to Common Excl. Extra Items						91,458.9	37,611.2	108,137.9	91,391.1	112,023.9	113,136.5
Total Shares Outstanding						28,563	28,563	28,563	28,563	28,563	28,563
Weighted Avg. Shares Outstanding						28,563	28,563	28,563	28,563	28,563	28,563
Weighted Avg. Shares Outstanding Dil						28,563	28,563	28,563	28,563	28,563	28,563
EPS						3.2	1.3	3.8	3.2	3.9	4
EPS Diluted						3.2	1.3	3.8	3.2	3.9	4
EBITDA						287,005.4	216,183.7	375,652.7	383,957.4	386,764.9	394,252
Effective Tax Rate						21.3%	38.6%	30.8%	42.6%	34.4%	33.1%