Thai Solar Energy PCL (BKK:TSE)

Thai Solar Energy PCL Ratios and Metrics

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

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	867	994	1,904	3,600	4,955	5,548
Market Cap Growth	-40.58%	-47.78%	-47.12%	-27.35%	-10.69%	5.64%
Enterprise Value	3,507	5,121	5,519	17,313	18,190	17,942
PE Ratio	20.50	21.27	-	-	6.85	11.26
PS Ratio	0.67	0.77	1.55	2.86	3.77	3.64
PB Ratio	0.28	0.32	0.64	0.99	0.77	0.87
P/FCF Ratio	11.65	13.36	-	-	-	-
P/OCF Ratio	2.50	2.87	5.10	4.14	-	10.68
EV/Sales Ratio	2.70	3.94	4.49	13.74	13.85	11.77
EV/EBITDA Ratio	5.90	9.65	15.71	-	35.19	36.61
EV/EBIT Ratio	12.67	24.02	120.75	-	85.09	179.32
EV/FCF Ratio	47.11	68.81	-	-	-	-
Debt / Equity Ratio	1.07	1.07	1.42	1.74	2.13	2.05
Debt / EBITDA Ratio	6.18	6.18	11.81	-	25.11	24.68
Debt / FCF Ratio	44.07	44.07	-	-	-	-
Net Debt / Equity Ratio	0.84	0.84	1.30	1.20	2.07	1.92
Net Debt / EBITDA Ratio	4.89	4.89	11.06	-13.77	25.84	24.87
Net Debt / FCF Ratio	34.88	34.88	-31.33	-4.22	-4.23	-9.76
Quick Ratio	0.57	0.57	0.31	0.82	0.55	0.49
Current Ratio	0.74	0.74	0.34	0.83	0.66	0.51
Asset Turnover	0.18	0.18	0.14	0.08	0.07	0.08
Return on Equity (ROE)	1.41%	1.41%	-15.17%	-20.58%	12.44%	8.04%
Return on Assets (ROA)	1.83%	1.83%	0.32%	-3.96%	0.66%	0.32%
Return on Capital Employed (ROCE)	4.10%	4.10%	0.80%	-14.80%	1.20%	0.60%
Earnings Yield	5.39%	4.70%	-26.33%	-82.80%	14.61%	8.88%
FCF Yield	8.58%	7.49%	-6.52%	-28.65%	-63.74%	-22.51%
Dividend Yield	-	-	-	8.56%	-	3.15%
Payout Ratio	-	-	-	-	10.24%	38.68%
Buyback Yield / Dilution	-11.89%	-10.39%	0.05%	-	-	-
Total Shareholder Return	-11.89%	-10.39%	0.05%	8.56%	-	3.15%

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