Tipco Asphalt PCL Ratios and Metrics

Market cap in millions THB. Fiscal year is January - December.

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	20,361	21,624	28,568	25,885	26,674	28,568
Market Cap Growth	-23.21%	-24.31%	10.37%	-2.96%	-6.63%	3.43%
Enterprise Value	22,472	23,870	30,223	28,387	30,222	32,593
Last Close Price	12.90	13.50	15.94	13.60	13.10	13.22
PE Ratio	17.91	19.02	20.16	11.23	11.27	12.87
Forward PE	14.51	11.63	13.80	8.92	16.54	12.37
PS Ratio	0.75	0.80	1.01	0.83	0.79	1.05
PB Ratio	1.47	1.56	1.78	1.53	1.59	1.79
P/TBV Ratio	1.52	1.61	1.83	1.62	1.68	1.92
P/FCF Ratio	8.17	8.68	97.89	6.91	10.72	117.03
P/OCF Ratio	6.25	6.64	32.83	6.23	9.20	38.38
PEG Ratio	-	0.20	0.20	0.20	0.20	0.20
EV/Sales Ratio	0.83	0.88	1.07	0.91	0.90	1.20
EV/EBITDA Ratio	9.00	10.81	10.74	7.28	7.13	8.68
EV/EBIT Ratio	15.40	18.61	16.60	10.05	9.62	12.40
EV/FCF Ratio	9.02	9.58	103.56	7.58	12.14	133.51
Debt / Equity Ratio	0.27	0.27	0.21	0.16	0.22	0.24
Debt / EBITDA Ratio	1.59	1.59	1.13	0.68	0.86	1.00
Debt / FCF Ratio	1.48	1.48	11.35	0.73	1.51	15.76
Net Debt / Equity Ratio	0.14	0.14	0.09	-0.02	0.07	0.14
Net Debt / EBITDA Ratio	0.88	0.88	0.52	-0.07	0.27	0.61
Net Debt / FCF Ratio	0.78	0.78	5.03	-0.07	0.47	9.45
Asset Turnover	1.19	1.19	1.19	1.25	1.32	1.18
Inventory Turnover	4.48	4.48	4.59	5.48	5.00	3.76
Quick Ratio	1.05	1.05	1.22	1.46	1.25	0.82
Current Ratio	1.82	1.82	2.14	2.42	1.94	1.81
Return on Equity (ROE)	7.52%	7.52%	8.82%	13.80%	14.56%	14.55%
Return on Assets (ROA)	3.50%	3.50%	4.80%	7.07%	7.69%	7.12%
Return on Invested Capital (ROIC)	6.07%	6.02%	8.30%	13.06%	13.25%	11.85%
Return on Capital Employed (ROCE)	8.80%	8.80%	10.80%	15.90%	17.70%	15.50%
Earnings Yield	5.58%	5.26%	4.96%	8.91%	8.87%	7.77%
FCF Yield	12.24%	11.53%	1.02%	14.48%	9.33%	0.85%
Dividend Yield	7.75%	7.41%	5.65%	9.19%	9.54%	7.94%
Payout Ratio	235.99%	235.99%	111.36%	85.58%	70.00%	110.19%
Buyback Yield / Dilution	-	-	-	-	-	-0.03%
Total Shareholder Return	7.75%	7.41%	5.65%	9.19%	9.54%	7.91%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.