Thachang Green Energy 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 24, 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	3,014	3,466	5,016	6,380	3,894	-
Market Cap Growth	-19.41%	-30.90%	-21.38%	63.84%	-	-
Enterprise Value	3,581	3,482	5,400	6,857	4,345	-
PE Ratio	13.33	14.96	19.95	26.59	17.99	-
PS Ratio	2.46	2.83	5.01	7.00	4.15	-
PB Ratio	0.97	1.11	1.95	2.74	1.86	-
P/FCF Ratio	16.44	18.91	20.34	26.42	11.32	-
P/OCF Ratio	8.74	10.05	13.89	16.69	9.79	-
EV/Sales Ratio	2.92	2.84	5.40	7.53	4.63	-
EV/EBITDA Ratio	8.59	8.52	12.36	17.35	11.23	-
EV/EBIT Ratio	13.84	13.46	18.44	27.03	17.32	-
EV/FCF Ratio	19.53	19.00	21.89	28.40	12.63	-
Debt / Equity Ratio	0.26	0.26	0.27	0.39	0.54	1.40
Debt / EBITDA Ratio	1.94	1.94	1.55	2.24	2.87	4.32
Debt / FCF Ratio	4.42	4.42	2.77	3.71	3.27	9.11
Net Debt / Equity Ratio	0.18	0.18	0.12	0.18	0.25	1.35
Net Debt / EBITDA Ratio	1.39	1.39	0.71	1.06	1.36	4.21
Net Debt / FCF Ratio	3.09	3.09	1.25	1.74	1.53	8.78
Quick Ratio	0.63	0.63	1.73	2.03	2.51	0.82
Current Ratio	1.28	1.28	2.05	2.45	2.90	1.19
Asset Turnover	0.32	0.32	0.29	0.27	0.31	0.29
Return on Equity (ROE)	8.15%	8.15%	10.25%	10.85%	13.62%	20.59%
Return on Assets (ROA)	4.27%	4.27%	5.39%	4.71%	5.13%	5.18%
Return on Capital Employed (ROCE)	7.50%	7.50%	9.50%	8.30%	8.20%	9.30%
Earnings Yield	7.69%	6.69%	5.01%	3.76%	5.56%	-
FCF Yield	6.08%	5.29%	4.92%	3.79%	8.83%	-
Dividend Yield	0.27%	-	0.14%	0.09%	0.14%	-
Payout Ratio	3.45%	3.45%	2.27%	2.29%	169.94%	-
Buyback Yield / Dilution	-4.65%	-4.65%	-6.46%	-20.32%	-14.28%	-
Total Shareholder Return	-4.40%	-4.65%	-6.32%	-20.23%	-14.14%	-

Source: S&P Global Market Intelligence. Utility template. Financial Sources.