1. Thailand Stocks

  2. •

    Basic Materials

  3. •

    Steel
Pacific Pipe Public Company Limited

Pacific Pipe Public Company Limited

PAP.BK
Pacific Pipe Public Company LimitedTH flagStock Exchange of Thailand
2.38
THB
- -
- -
1.57BMarket Cap
Pacific Pipe Public Company Limited
PAP.BK
(Stock Exchange of Thailand)

Recent

price

2.38

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.87
8.73
10.74
11.08
10.21
10.54
10.62
12.09
14.44
14.22
11.15
14.56
14.75
13.85
11.27
10.77
3.19
Revenue per Share
0.31
0.4
0.39
0.62
0.27
-0.07
0.83
0.44
0.14
0.11
0.31
0.84
-0.49
-0.09
-0.31
0.12
0.24
Basic EPS, GAAP
0.09
0.26
-0.34
1.68
-0.7
1.33
0.34
-0.53
-0.2
0.79
0.14
-0.29
1.05
0.41
-0.08
0.18
0.43
Free Cash Flow per Basic Share
0.12
0.18
0.27
0.25
0.39
0.17
- -
0.98
0.38
0.05
0.27
0.18
0.84
- -
- -
- -
- -
Dividend per Share
1.92
2.06
2.15
2.53
2.36
2.32
3
2.43
2.16
2.29
2.31
2.96
1.61
1.62
1.23
1.32
1.56
Book Value per Share
2.67
2.89
2.98
3.37
3.18
3.23
3.85
3.85
3.56
3.74
3.75
4.38
3.04
3.19
2.72
2.79
3.07
Tangible Book Value per Share
660
654
661
657
671
614
658
665
671
650
655
660
664
624
657
670
651
Basic Weighted Avg Shares
4,534
5,711
7,099
7,278
6,849
6,475
6,994
8,034
9,695
9,244
7,300
9,613
9,789
8,643
7,405
7,214
2,075
Sales/Revenue/Turnover
6.41
4.59
3.14
5.39
1.56
-1.59
7.56
2.78
-0.77
0.58
2.81
6.63
-3.15
-0.27
-2.22
1.8
9.68
Operating Margin (%)
107
96
102
106
100
119
128
123
131
134
138
131
127
115
110
102
102
Depreciation Expense
208
262
258
407
181
-43
546
292
94
72
203
555
-325
-56
-204
80
155
Net Income, GAAP
22.84
30.24
24.05
19.4
19.99
- -
15.9
19.57
20.71
21.62
19.96
20.18
- -
- -
- -
3.28
4.68
Effective Tax Rate (%)
4.58
4.58
3.63
5.6
2.64
-0.66
7.81
3.64
0.97
0.77
2.78
5.77
-3.32
-0.65
-2.75
1.11
7.48
Profit Margin (%)
655
780
900
1,223
994
1,033
1,204
783
684
766
870
1,382
591
601
487
633
778
Working Capital
5
1
- -
100
301
439
- -
- -
- -
- -
44
37
30
19
14
19
16
LT Debt
1,784
1,928
2,007
2,245
2,162
2,011
2,557
2,581
2,420
2,459
2,491
2,927
2,044
2,012
1,806
1,886
2,013
Total Equity
7.36
5.65
4.69
8.94
2.44
- -
13.66
4.51
-1.3
0.98
3.97
10.93
- -
- -
- -
3.6
5.25
Return on Invested Capital (%)
9.22
11.12
10.16
15.41
7.59
- -
21.45
10.25
3.85
3.42
7.34
15.75
- -
- -
- -
5.01
7.33
Return on Capital (%)
17.24
20.03
18.62
26.39
11.17
-2.86
32.12
16.3
6.13
4.86
13.51
32
-21.54
-5.4
-22.4
9.49
16.56
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,652
1,563
1,704
LT Borrowings
- -
- -
- -
LT Finance Leases
22
19
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
660
660
660
Market Capitalization
1,302
1,341
1,614

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,481
2,458
2,893
Cash, Cash Equivalents & STI
233
237
487
Accounts Receivable, Net
946
888
1,058
Inventories
1,157
1,180
1,209
Total Current Liabilities
1,852
1,825
2,115
Payables & Accruals
170
246
385
ST Debt
1,652
1,563
1,704
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.48%
-4%
4.45%
Free Cash Flow
-222.24%
-255.23%
-325.94%
Net Income, GAAP
-127.01%
11.06%
-139.45%
Sales/Revenue/Turnover
2.28%
0.98%
-2.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
7,405
2025
- -
- -
- -
- -
7,214
2026
2,075
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.04
-0.24
- -
-0.31
2025
0.08
0.04
0.03
- -
0.12
2026
0.19
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Pacific Pipe Public Company Limited engages in the manufacturing and distribution of steel pipes and related products. The company's core offerings include welded steel pipes, steel pipe fittings, galvanized steel pipes, and steel pipe accessories, which are used in industries such as construction, energy, waterworks, and industrial applications. Pacific Pipe operates primarily in Thailand but also extends its market reach in Southeast Asia. Founded in 1981 and headquartered in Bangkok, Thailand, the company supplies products under its own brand and caters to both domestic and international customers. In recent developments, Pacific Pipe has undertaken strategic expansions and product innovations to strengthen its market position. The company has enhanced its manufacturing capabilities and extended its product portfolio to include more advanced steel pipe solutions designed to meet evolving industrial standards. Additionally, Pacific Pipe has forged new partnerships and collaborations to support its growth ambitions and operational efficiency, reflecting a focus on sustainable and technologically advanced steel pipe production. Pacific Pipe operates in the steel manufacturing and industrial materials sector, serving construction companies, infrastructure projects, energy firms, and water management entities. Its strategic initiatives and continuous improvements underscore its commitment to quality and market responsiveness. The company remains a significant player in the regional steel pipe market with a legacy spanning over four decades, supported by a robust production network and an expanding regional footprint.