1. Thailand Stocks

  2. •

    Consumer Cyclical

  3. •

    Specialty Retail
PTG Energy Public Company Limited

PTG Energy Public Company Limited

PTG-R.BK
PTG Energy Public Company LimitedTH flagStock Exchange of Thailand
7.65
THB
+0.15
- -
12.78BMarket Cap
PTG Energy Public Company Limited
PTG-R.BK
(Stock Exchange of Thailand)

Recent

price

7.65

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
12.54
22.25
33.38
31.92
32.99
32.14
38.68
50.67
64.57
71.87
62.53
80.1
107.44
119.05
135.22
134.34
133.69
Revenue per Share
0.07
0.18
0.27
0.21
0.29
0.39
0.64
0.55
0.37
0.93
1.13
0.6
0.56
0.57
0.61
0.61
0.37
Basic EPS, GAAP
-0.01
0.27
0.21
-0.15
0.32
0.66
0.8
-0.36
0.92
0.89
0.47
1.73
1.52
1.84
-0.25
0.11
0.4
Free Cash Flow per Basic Share
- -
- -
- -
0.07
0.05
0.15
0.3
0.2
0.17
0.2
0.4
0.5
0.45
0.2
0.45
0.25
- -
Dividend per Share
0.61
0.78
1.09
1.33
1.42
1.65
1.98
2.3
2.48
3.2
3.94
4.04
4.15
4.53
4.69
5.07
4.94
Book Value per Share
0.6
0.74
1
1.98
1.9
1.88
1.86
1.53
1.4
1.97
4.61
4.71
4.71
5.11
4.93
5.65
5.51
Tangible Book Value per Share
1,250
1,250
1,250
1,495
1,670
1,670
1,670
1,670
1,670
1,670
1,670
1,670
1,670
1,670
1,670
1,670
1,674
Basic Weighted Avg Shares
15,681
27,817
41,724
47,716
55,101
53,678
64,591
84,625
107,829
120,027
104,423
133,759
179,422
198,811
225,813
224,341
223,767
Sales/Revenue/Turnover
1.19
1.13
0.97
0.85
1.12
1.49
1.92
1.15
0.68
1.66
2.66
1.39
1.25
0.96
0.84
0.8
0.59
Operating Margin (%)
136
191
241
410
627
851
1,289
1,811
2,475
3,011
2,880
3,024
3,185
3,340
3,617
4,367
4,588
Depreciation Expense
89
226
340
312
487
651
1,073
913
625
1,561
1,894
1,006
934
944
1,022
1,021
626
Net Income, GAAP
30.62
31.21
23.73
20.49
21.22
20.84
19.63
14.42
16.1
18.69
18.23
20.4
27.47
21.26
30.06
22.95
25.14
Effective Tax Rate (%)
0.57
0.81
0.82
0.65
0.88
1.21
1.66
1.08
0.58
1.3
1.81
0.75
0.52
0.47
0.45
0.46
0.28
Profit Margin (%)
-330
-1
-186
377
-171
-968
-2,237
-4,366
-6,955
-6,764
-4,627
-7,591
-8,475
-8,371
-12,829
-13,004
-13,503
Working Capital
110
514
725
744
488
879
2,684
4,406
4,373
4,073
25,241
23,238
22,582
21,037
20,731
23,031
22,965
LT Debt
822
1,032
1,371
3,188
3,599
4,001
4,589
5,119
5,476
6,707
7,980
8,200
8,275
8,926
9,282
11,097
10,939
Total Equity
8.27
12.54
13.27
9.22
10.76
12.37
13.99
7.59
4.44
10.45
8.36
3.92
4.32
4.11
3.55
3.4
2.41
Return on Invested Capital (%)
6
15.97
17.03
12.27
16.04
18.01
20.35
11.14
6.95
12.95
10.83
5.19
4.77
5.14
4.94
4.72
3.49
Return on Capital (%)
12.41
26.15
29.21
18.68
22.32
25.32
35.38
25.55
15.64
32.87
31.78
15.1
13.65
13.02
13.27
12.52
7.68
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
9,528
8,481
8,632
LT Borrowings
3,643
4,842
4,995
LT Finance Leases
18,064
18,188
17,970
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,670
1,670
1,670
Market Capitalization
15,576
12,020
14,478

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
7,863
8,405
9,250
Cash, Cash Equivalents & STI
2,702
3,111
3,858
Accounts Receivable, Net
1,047
999
979
Inventories
3,400
3,654
3,675
Total Current Liabilities
22,843
21,409
22,752
Payables & Accruals
13,315
12,553
14,120
ST Debt
9,528
8,481
8,632
Deferred Revenue
- -
374
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.98%
7.02%
19.56%
Free Cash Flow
-50.51%
4.32%
-144.88%
Net Income, GAAP
14.48%
-8.96%
-0.04%
Sales/Revenue/Turnover
16.3%
17.19%
-0.65%
Total Cash Common Dividend
20.93%
8%
-44.44%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
54,962
57,775
54,395
58,681
225,813
2025
57,407
56,496
53,706
56,733
224,341
2026
56,833
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.28
0.04
- -
0.61
2025
0.11
0.19
0.12
- -
0.61
2026
-0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.45
2025
- -
- -
- -
- -
0.25
2026
- -
- -
- -
- -
- -
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Business
PTG Energy Public Company Limited PTG Energy Public Company Limited (PTG-R.BK), headquartered in Bangkok, Thailand, and founded in 1988, operates as a diversified energy and retail group primarily in Thailand with eight core business segments: oil and retail business offering petroleum products including diesel, gasoline, and EV charging stations under the Elex by EGAT PT brand; LPG business providing cooking gas and household LPG; renewable energy and investment business encompassing biofuel production, waste-to-energy projects, and venture capital; logistics business handling transportation of fuels and goods; system and equipment management business for service station infrastructure; food and beverages business through brands such as Punthai Coffee, Coffee World, Thai Chef Express, Cream & Fudge, New York 5th Av. Deli, and the newly established Subway master franchise via subsidiary Go Luck; auto care and maintenance services including Autobacs centers and truck services; and electronic money business via PT Max Card ecosystem. The company serves commercial vehicle operators, retail consumers, logistics firms, and EV users through over 2,000 PT service stations, Max Mart convenience stores, Max Camp truck stops, and non-oil outlets nationwide, with additional offerings in consumables, engine lubricants under PT4 Maxnitron, cosmetics, medicines, and digital platforms like Max Enterprise Connect for fleet management. Recent developments include the 2024 acquisition of stakes in Paisan Capital for second-hand truck leasing and Thai Paiboon for waste management and Refuse Derived Fuel production, the launch of Max Card Plus EV membership for electric vehicle benefits, establishment of Go Luck as Subway master franchisee effective April 2024, and a February 2024 strategy emphasizing non-oil growth via PunThai Coffee while ranking 58th in the inaugural Fortune Southeast Asia 500 based on 2023 revenue.