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Triple i Logistics Public Company Limited

Triple i Logistics Public Company Limited

III.BK
Triple i Logistics Public Company LimitedTH flagStock Exchange of Thailand
4.30
THB
-0.06
- -
2.77BMarket Cap
Triple i Logistics Public Company Limited
III.BK
(Stock Exchange of Thailand)

Recent

price

4.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.61
3.53
4.75
4.62
4.55
4.43
2.68
4.85
4.38
2.27
3.06
3.21
3.3
Revenue per Share
0.01
- -
0.2
0.26
0.25
0.27
0.27
0.6
1.25
1.11
0.56
0.51
0.49
Basic EPS, GAAP
0.09
0.19
0.25
-0.18
0.27
-0.09
0.08
0.15
0.52
0.11
0.16
0.19
0.25
Free Cash Flow per Basic Share
- -
- -
- -
0.26
0.11
0.17
0.15
0.2
0.44
0.59
0.3
0.3
0.3
Dividend per Share
-0.02
0.46
0.66
0.74
0.73
0.81
0.84
1.3
2.1
2
2.2
2.35
2.46
Book Value per Share
0.26
0.57
0.77
2.22
1.95
2.06
2.13
2.83
4.18
4.83
4.97
5.14
5.27
Tangible Book Value per Share
437
437
437
497
609
612
599
607
637
778
783
773
772
Basic Weighted Avg Shares
1,139
1,542
2,076
2,295
2,771
2,713
1,607
2,939
2,789
1,764
2,398
2,478
2,552
Sales/Revenue/Turnover
0.47
1.24
4.3
6.08
4.06
2.85
0.79
5.65
6.22
4.27
2.86
2.56
2.54
Operating Margin (%)
- -
- -
33
41
48
49
101
100
90
80
78
77
77
Depreciation Expense
2
-2
89
130
150
165
162
367
796
866
436
394
380
Net Income, GAAP
20.71
34.61
21.15
16.84
10.95
7.69
7.89
14.42
7.31
0.75
2.9
1.87
1.99
Effective Tax Rate (%)
0.22
-0.13
4.31
5.65
5.4
6.06
10.11
12.48
28.53
49.09
18.19
15.88
14.89
Profit Margin (%)
-56
4
92
794
615
123
-35
208
563
211
92
-137
-160
Working Capital
61
32
26
23
20
253
449
339
443
323
340
224
190
LT Debt
116
250
341
1,115
1,201
1,279
1,291
1,735
2,672
3,763
3,918
3,994
4,097
Total Equity
- -
4.13
18.62
14.31
8.19
4.94
0.64
6.42
5.61
1.96
1.53
1.38
1.4
Return on Invested Capital (%)
- -
-9.74
27.44
34.16
34.17
27.56
20.01
29.57
48.67
44.05
21.74
18.43
17.31
Return on Capital (%)
- -
- -
36.47
39.54
37
35.09
32.55
56.68
74.76
59.83
26.59
22.24
20.52
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
278
321
355
LT Borrowings
198
170
142
LT Finance Leases
53
53
48
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
769
769
769
Market Capitalization
3,639
3,143
3,012

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
473
586
525
Cash, Cash Equivalents & STI
51
105
106
Accounts Receivable, Net
317
358
293
Inventories
2
4
3
Total Current Liabilities
701
723
685
Payables & Accruals
385
396
301
ST Debt
278
321
355
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
41.39%
27.06%
1.95%
Free Cash Flow
-40.32%
70.07%
13.63%
Net Income, GAAP
-431.05%
38.42%
-9.79%
Sales/Revenue/Turnover
10.33%
16.05%
3.33%
Total Cash Common Dividend
- -
35.48%
-1.41%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
500
538
639
721
2,398
2025
531
643
614
690
2,478
2026
605
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.13
0.13
- -
0.56
2025
0.14
0.1
0.13
- -
0.51
2026
0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.18
0.12
- -
0.3
2025
- -
0.2
0.1
- -
0.3
2026
- -
- -
- -
- -
- -
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Business
Triple i Logistics Public Company Limited (III.BK), founded in 2008 and headquartered in Bangkok, Thailand, operates as a total logistics service provider offering domestic and international freight forwarding and integrated logistics solutions across air freight; sea and inland freight; logistics management; chemical and hazardous goods logistics; and other management services. The company provides wholesale air freight forwarding, general sales agent services for airlines, and airport cargo terminals; shipping line agencies, worldwide less than container load (LCL) services, and inland container transport; international logistics, warehouse management, and distribution; hazardous and dangerous goods logistics integration with packaging solutions; customs clearance, supply chain management, office rental, and packaging sales. Triple i Logistics serves general cargo and specialty sectors including e-commerce, chemicals, and pharmaceuticals, with operations centered in Thailand and expanded regionally in Southeast Asia through partnerships such as with Asia Network International for cargo GSA across 10 countries, SABUY SPEED and MAKESEND for digital parcel delivery, and recent joint ventures including a 50% stake in Around Logistics Management, a 55% stake in Pactra International Company Limited with Pactra International Co., Ltd. (Korea) for integrated services, and a capital increase in subsidiary Cross Border Carrier Co., Ltd. to THB 200 million for launching cargo airline operations targeted for 2026 under its Logistics & Beyond strategy and Synergy 360° framework.