1. Thailand Stocks

  2. •

    Consumer Cyclical

  3. •

    Specialty Retail
PTG Energy Public Company Limited

PTG Energy Public Company Limited

PTG.BK
PTG Energy Public Company LimitedTH flagStock Exchange of Thailand
7.65
THB
+0.15
- -
12.78BMarket Cap
PTG Energy Public Company Limited
PTG.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
- -
- -
- -
- -
- -
Similar Companies
Aldrees Petroleum and Transport Services Company (4200.SR)
Blackwell 3D Construction Corp. (BDCC)
RSE Archive, LLC - Membership Interests Series - 86 Fleer 1986-87 Fleer Basketball Wax Box Fund (REAQS)
JD.com, Inc. (013A.F)
Changyou Alliance Group Limited (1039.HK)
JRjr33, Inc. (JRJRQ)
Business
PTG Energy Public Company Limited (PTG.BK), founded in 1988 and headquartered in Bangkok, Thailand, operates as an integrated energy provider primarily engaged in the trading and distribution of petroleum products, liquefied petroleum gas (LPG), and related supplies and equipment across Thailand; it manages over 2,200 PT-branded service stations offering diesel fuels including high-speed diesel B7 and B20, benzene fuels such as octane-95, gasohol 95, gasohol 91, and gasohol E20, alongside engine lubricants under the PT4 Maxnitron brand; LPG for industrial, commercial, and household use; retail convenience stores via Max Mart; coffee shops under Punthai Coffee and Coffee World brands; food outlets including Cream & Fudge ice-cream shops, Thai Chef Express restaurants, New York 5th Av. Deli sandwiches, and Subway as master franchisee; automotive care through Autobacs centers and Max Service maintenance; renewable energy production and waste-to-energy initiatives; logistics and transportation services; electronic money via PT Max Card and Maxbit digital assets brokerage; system and equipment management for service stations; and venture capital investments. The company serves both B2B clients like commercial vehicle operators and logistics firms through platforms such as Max Enterprise Connect, and B2C customers via its extensive ecosystem including over 20 million PT Max Card and PT Max Card Plus members benefiting from e-wallets, EV charging at EleX by EGAT stations, roadside assistance, and loyalty rewards. Recent developments include a 2024 investment of 825 million baht for a 33.33% stake in Paisan Capital to enter second-hand truck leasing and financing; additional stakes in Thai Paiboon Equipment for up to 33.33% to expand waste management and Refuse Derived Fuel (RDF) production with a total potential value of 400 million baht; launch of Max Card Plus EV memberships at 599 baht annually offering EV charging discounts and fuel perks; establishment of Go Luck and Go Subway subsidiaries as Subway master franchisee effective April 2024; partnership with Atlas Energy in September 2025 to introduce all-in-one PT Max Rest service stations like Nakhon Chai Si 11; aggressive Punthai Coffee expansion targeting 5,000 outlets by 2027 with CBD locations and delivery platforms; and recognition as 58th in Fortune Southeast Asia 500 for 2023 revenues of 198.8 billion baht.