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    Producer manufacturing

  3. •

    Auto parts: OEM
Fortune Parts Industry Plc

Fortune Parts Industry Plc

1.59
THB
+0.03
(+1.92%)
0.21EPS
7.23P/E
2.27BMarket Cap
Fortune Parts Industry Plc
SET:FPI
(Stock Exchange of Thailand)

Recent

price

1.59

P/E

ratio

7.23

div

yld

5.03%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
THB
1.49
1.32
1.49
1.41
1.47
1.5
1.65
1.59
1.32
1.38
1.23
1.44
1.77
1.63
1.72
1.82
1.87
Revenue per Share
0.03
0.07
0.16
0.14
0.17
0.16
0.24
0.16
0.09
0.13
0.02
0.22
0.27
0.25
0.18
0.18
0.21
Basic EPS, GAAP
-0.01
0.03
-0.07
-0.05
-0.15
0.18
0.26
0.07
0.13
0.08
0.05
0.07
0.1
0.11
0.05
0.17
-0.12
Free Cash Flow per Basic Share
- -
0.06
0.08
- -
- -
0.11
0.13
0.16
0.08
0.09
0.04
0.09
0.15
0.14
0.08
0.08
0.08
Dividend per Share
0.29
0.34
0.51
0.58
0.74
0.78
0.89
1.04
1.11
1.1
1.09
1.23
1.4
1.51
1.6
1.7
1.78
Book Value per Share
0.29
0.34
0.51
0.58
0.74
0.78
0.89
1.04
1.11
1.09
1.08
1.22
1.39
1.5
1.6
1.69
1.76
Tangible Book Value per Share
803
928
1,004
1,180
1,199
1,210
1,215
1,241
1,437
1,490
1,473
1,473
1,491
1,513
1,513
1,513
1,513
Basic Weighted Avg Shares
1,197
1,226
1,500
1,660
1,763
1,819
2,010
1,979
1,893
2,055
1,806
2,118
2,638
2,472
2,598
2,755
2,834
Sales/Revenue/Turnover
6.3
10.31
15.54
14.63
14.83
15.3
18.3
13.6
8.48
12.04
9.31
17.83
22.55
23.14
18.19
18.63
17.53
Operating Margin (%)
134
130
129
145
164
182
202
210
214
211
226
213
200
212
232
251
254
Depreciation Expense
27
63
159
164
199
192
286
201
126
187
27
329
409
374
276
280
314
Net Income, GAAP
38.29
33.53
22.66
19.49
19.52
21.07
17.35
13.59
13.68
16.27
11.9
14.53
20.3
20.91
24.54
24.46
23.59
Effective Tax Rate (%)
2.22
5.17
10.6
9.86
11.3
10.58
14.22
10.16
6.63
9.09
1.51
15.53
15.49
15.13
10.63
10.15
11.07
Profit Margin (%)
-218
-230
-12
6
70
13
33
92
474
335
346
608
958
1,072
1,166
1,179
1,082
Working Capital
130
70
79
107
95
96
81
70
84
90
107
91
53
106
258
354
436
LT Debt
266
312
606
687
888
945
1,087
1,324
1,678
1,616
1,600
1,809
2,119
2,281
2,431
2,580
2,693
Total Equity
- -
9.61
17.43
14.49
11.74
9.81
15.39
9.65
6.49
9
2.89
13.64
14.71
12.93
9.14
8.35
8.99
Return on Invested Capital (%)
- -
9.78
17.61
14.47
13.83
11.41
15.43
10.11
6.33
8.67
2.04
13.39
14.69
12.87
9.03
8.26
8.98
Return on Capital (%)
- -
21.92
34.62
25.32
25.31
20.99
28.12
16.68
8.37
11.34
1.69
19.3
20.8
17
11.74
11.19
12.08
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
892
906
1,105
LT Borrowings
183
176
250
LT Finance Leases
171
182
186
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,513
1,513
1,513
Market Capitalization
2,481
2,527
2,270

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,630
2,648
2,848
Cash, Cash Equivalents & STI
551
369
441
Accounts Receivable, Net
1,352
1,455
1,560
Inventories
634
712
677
Total Current Liabilities
1,451
1,542
1,766
Payables & Accruals
452
480
505
ST Debt
892
906
1,105
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.94%
10.1%
6.12%
Free Cash Flow
26.59%
51.84%
216.04%
Net Income, GAAP
104.58%
220.24%
1.26%
Sales/Revenue/Turnover
4.77%
9.34%
6.07%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
557
665
681
694
2,598
2025
608
653
719
776
2,755
2026
602
737
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.07
- -
0.07
0.18
2025
0.05
0.04
0.07
0.03
0.18
2026
0.04
0.07
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.04
0.04
- -
0.08
2025
- -
0.04
0.04
- -
0.08
2026
- -
0.04
- -
- -
- -
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Business
Fortune Parts Industry Public Company Limited (FPI.BK) manufactures plastic automotive parts and provides one-stop manufacturing services for the automotive sector; core offerings include plastic injection molding with machines from 100 to 2,600 tons capacity, chrome plating for ABS surfaces up to 2 meters and 48 microns thick, 2K plastic painting, mold design and production, 3D printing up to 1,700mm, and environmental consulting through FPIS. Products encompass replacement equipment manufacturer (REM) items such as grilles, bumpers, headlamp doors, valance panels, side bumpers, automotive lamps, mirrors, spoilers, and skirt sets; original equipment manufacturer (OEM) components like front bumper guards, over-fenders, side cladding, head and tail lamp covers, mirror covers, and electrical parts; as well as engine and brake parts including disc brake pads, brake shoes, water pumps, starters, and alternators, plus cables and hoses. The company, founded in 1991 and headquartered at 11/22 Moo 20 Nimitmai Road, Lamlukka, Pathum Thani, Thailand, operates primarily in the auto parts industry targeting Japanese brands including Toyota, Nissan, Isuzu, Mazda, Mitsubishi, Hino, Honda, Suzuki, Hyundai, and Kia for pick-up trucks, trucks, and passenger cars, with international presence in Saudi Arabia, India via FPI Auto Parts India Private Limited, Ecuador through Fortune-Parts Industry Ecuador Cia. Ltda., and other markets. Recent developments feature commitment to Science Based Targets initiative (SBTi) as the first Thai and fourth Asian auto parts firm with verified short-term emissions targets, achieving 82% recycled plastic usage (6,400 tonnes annually, targeting 93% by 2027) including 98% recycled polypropylene in eco-designed front bumpers certified with Circular Mark label, 36% renewable energy from biomass and solar in production processes, zero hazardous waste to landfill via 7Rs framework (replace, reduce, reuse, recycle, repair, recover, remanufacture), mold remanufacturing and rental generating over THB 20 million in revenue, and extension of circular practices to subsidiaries in India and Saudi Arabia. FPI holds certifications including IATF 16949, ISO 9001, ISO 14001, ISO 50001, and ISO 45001, emphasizing sustainable growth across automotive, electrical appliances, and sanitary ware segments.