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Polyplex (Thailand) Public Co. Ltd.

Polyplex (Thailand) Public Co. Ltd.

13.70
THB
+0.10
(+0.74%)
0.85EPS
19.42P/E
13.32BMarket Cap
Nov 16Next Earn
Polyplex (Thailand) Public Co. Ltd.
SET:PTL
(Stock Exchange of Thailand)

Recent

price

13.70

P/E

ratio

19.42

div

yld

1.46%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
THB
13.91
12.62
11.48
13.31
14.89
15.35
13.09
14.08
16.38
15.61
16.83
23.94
29.27
23.19
24.82
22.64
23.54
Revenue per Share
4.83
1.69
0.5
-0.6
0.49
-0.15
1.55
1.3
2.58
2
3.3
3.94
2.33
0.33
1.28
-0.2
0.76
Basic EPS, GAAP
2.27
1.93
-6.13
-2.79
0.63
2
2.16
1.27
1
1.12
2.04
0.08
2.09
-0.63
-0.36
0.79
0.49
Free Cash Flow per Basic Share
0.76
1.69
0.17
0.14
- -
0.1
- -
0.55
0.68
0.69
0.83
1.43
0.91
0.32
0.39
0.2
0.2
Dividend per Share
10.36
10.38
10.13
10.61
9.48
10.19
10.71
11.68
12.87
14.32
16.97
19.81
21.23
22.38
21.63
21.43
22.09
Book Value per Share
10.36
10.37
10.12
10.58
9.46
10.18
10.71
11.68
12.86
14.31
16.97
19.8
21.22
22.38
21.62
21.43
22.08
Tangible Book Value per Share
804
804
804
804
800
800
882
900
900
900
900
900
900
900
900
900
900
Basic Weighted Avg Shares
11,183
10,143
9,230
10,703
11,913
12,278
11,539
12,673
14,746
14,051
15,144
21,545
26,341
20,867
22,337
20,372
21,189
Sales/Revenue/Turnover
34.67
14.33
2.13
-2.79
1.94
8.13
10.01
12.15
13.35
14.73
21.44
17.46
8.91
3.85
6.14
1.88
4.43
Operating Margin (%)
358
369
412
616
735
769
754
754
756
863
930
986
1,088
1,110
1,039
1,146
1,136
Depreciation Expense
3,883
1,358
402
-480
390
-123
1,366
1,170
2,324
1,803
2,970
3,550
2,096
301
1,155
-177
686
Net Income, GAAP
0.71
2.46
- -
- -
1.64
183.79
1.69
2.52
1.74
12.31
8.35
12.52
10.81
- -
17.33
- -
4.42
Effective Tax Rate (%)
34.72
13.38
4.36
-4.48
3.27
-1
11.84
9.23
15.76
12.83
19.61
16.48
7.96
1.44
5.17
-0.87
3.24
Profit Margin (%)
3,396
2,899
1,933
670
405
826
1,771
2,086
2,110
3,512
4,388
6,817
7,258
7,148
6,262
5,836
6,554
Working Capital
1,505
1,251
5,302
6,589
4,150
3,314
2,004
1,001
594
1,506
1,374
2,051
1,585
1,608
1,180
246
257
LT Debt
8,358
8,488
8,245
8,638
7,632
8,203
9,666
10,539
11,610
12,922
15,339
17,922
19,268
20,364
19,722
19,620
20,231
Total Equity
43.43
13.54
- -
- -
0.32
-3.77
8.4
11.33
13.89
12.48
18.11
18.18
10.21
- -
5.61
- -
3.86
Return on Invested Capital (%)
43.29
13.53
- -
- -
3.72
-2.2
11.13
9.67
17.43
12.51
18.27
18.27
9.8
- -
5.37
- -
3.36
Return on Capital (%)
58.28
16.28
4.88
-5.75
4.83
-1.56
15.32
11.61
21.04
14.74
21.09
21.45
11.35
1.53
5.83
-0.92
3.48
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
2,759
2,169
2,309
LT Borrowings
240
204
159
LT Finance Leases
50
41
98
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
900
900
900
Market Capitalization
7,560
9,450
13,320

Working Capital

THB

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
10,718
10,718
12,178
Cash, Cash Equivalents & STI
1,719
1,370
1,232
Accounts Receivable, Net
3,008
3,445
4,297
Inventories
5,238
5,231
5,878
Total Current Liabilities
5,056
4,882
5,624
Payables & Accruals
1,770
2,059
2,677
ST Debt
2,759
2,169
2,309
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.34%
5.27%
-0.52%
Free Cash Flow
184.96%
359.66%
-317.2%
Net Income, GAAP
-102.04%
12.34%
-115.36%
Sales/Revenue/Turnover
6.52%
8.4%
-8.8%
Total Cash Common Dividend
- -
-11.15%
-48.72%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5,804
5,690
5,439
5,404
22,337
2026
5,329
5,307
4,745
4,991
20,372
2027
6,146
- -
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.39
0.68
0.38
-0.17
1.28
2026
-0.4
0.05
0.1
0.06
-0.2
2027
0.56
- -
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.01
0.19
0.2
-0.01
0.39
2026
- -
0.2
- -
- -
0.2
2027
- -
- -
- -
- -
- -
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Business
Polyplex (Thailand) Public Company Limited (PTL.BK) manufactures and distributes biaxially oriented polyester (BOPET) films, metallized films, extrusion coated films, cast polypropylene (CPP) films, silicone coated films, blown polypropylene films, holographic films and PET resins; the company produces Sarafil (BOPET, BOPP, CPP, blown PP and sustainable films), Saracote and Saralam product ranges for packaging, electrical, lamination and industrial applications. A 51%-owned subsidiary of India's Polyplex Corporation Limited (with parent stake increased to 54.08%), PTL operates a primary manufacturing facility in Rayong province, Thailand, with subsidiaries including Polyplex Europa in Turkey (100%-owned, producing PET films, chips and metallized films), Polyplex (Americas) Inc. in the US (distribution) and a trading company in China; the company serves Asia-Pacific, US, Europe, Southeast Asia and South America markets from headquarters in Bangkok, Thailand, where it was incorporated in 2002. In recent developments, PTL pursues capacity expansions including a new BOPET film line and offline coater in the US (Decatur, Alabama, commissioning targeted FY2024-25, capex USD103-133 million funded internally), a second BOPET line and resin debottlenecking there, board approval for expansion in Turkey (up to USD30.1 million via subsidiary funding), a new recycling facility in Thailand for post-consumer PET/HDPE/polyolefin waste to produce Sarafil rPET films, and ongoing investments in value-added/specialty films (DPAC portfolio) alongside projects like a thick PET line, additional extrusion coating and blown PP lines.