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Thai O.P.P. Public Co. Ltd.

Thai O.P.P. Public Co. Ltd.

128.50
THB
-3.00
(-2.28%)
25.36EPS
5.46P/E
831.00MMarket Cap
Thai O.P.P. Public Co. Ltd.
SET:TOPP
(Stock Exchange of Thailand)

Recent

price

128.50

P/E

ratio

5.46

div

yld

3.44%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
THB
168.68
179.61
181.5
208.87
224.25
238.19
247.99
262.83
275.74
263
264.55
263.84
277.76
258.89
280.91
278.13
286.96
Revenue per Share
13.86
13.05
14.84
16.28
16.37
16.05
18.23
19.71
15.81
18.93
21.82
14.67
14.25
18.71
18.48
18.71
25.36
Basic EPS, GAAP
3.12
10.21
-6.51
7.53
8.48
20.35
3.83
-7.65
16.52
22.25
40.67
16.78
22.56
-20.63
9.02
29.67
7.77
Free Cash Flow per Basic Share
3
3.8
3.8
4.2
4.6
4.6
4.65
5.15
5.83
4.67
5.5
6.33
4.05
3.82
6.68
4.91
4.42
Dividend per Share
113.45
123.46
134.5
146.57
158.34
170.61
184.19
197.21
207.39
221.74
237.27
248
257.54
270.81
282.22
292.37
303.56
Book Value per Share
112.78
122.51
133.47
145.64
157.52
169.85
183.52
196.62
206.9
221.38
236.99
247.87
257.5
270.78
282.2
292.32
303.51
Tangible Book Value per Share
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
Basic Weighted Avg Shares
1,012
1,078
1,089
1,253
1,345
1,429
1,488
1,577
1,654
1,578
1,587
1,583
1,667
1,553
1,685
1,669
1,722
Sales/Revenue/Turnover
6.93
4.26
8.11
7.84
6.27
5.8
6.91
7.22
5.06
7.54
8.71
5.6
5.18
7.4
6.89
6.85
9.77
Operating Margin (%)
55
55
59
68
76
85
87
89
98
100
115
111
96
91
93
94
94
Depreciation Expense
83
78
89
98
98
96
109
118
95
114
131
88
86
112
111
112
152
Net Income, GAAP
13.79
9.18
5.66
6.4
8.5
8.53
8.51
9.87
10.38
7.8
5.87
4.56
5.81
10.92
10.2
14.77
16.06
Effective Tax Rate (%)
8.22
7.27
8.18
7.79
7.3
6.74
7.35
7.5
5.73
7.2
8.25
5.56
5.13
7.23
6.58
6.73
8.84
Profit Margin (%)
336
340
358
353
436
502
613
565
678
762
867
965
932
960
1,073
1,125
1,231
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
96
88
74
97
114
96
85
LT Debt
681
741
807
879
950
1,024
1,105
1,183
1,244
1,330
1,424
1,488
1,545
1,625
1,693
1,754
1,821
Total Equity
11.84
10.27
11.58
11.66
10.8
9.81
10.42
10.04
6.19
8.57
9.16
5.46
5.08
6.1
5.87
5.27
7.51
Return on Invested Capital (%)
12.76
11.02
11.5
11.58
10.73
9.76
10.28
10.34
7.81
8.82
9.54
5.98
5.61
6.93
6.5
6.31
8.3
Return on Capital (%)
12.76
11.02
11.5
11.58
10.73
9.76
10.28
10.34
7.81
8.82
9.51
6.05
5.64
7.08
6.68
6.51
8.65
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
20
20
21
LT Borrowings
- -
- -
- -
LT Finance Leases
96
91
85
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
864
810
831

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,311
1,350
1,431
Cash, Cash Equivalents & STI
652
682
593
Accounts Receivable, Net
476
472
552
Inventories
170
182
273
Total Current Liabilities
186
190
200
Payables & Accruals
163
170
179
ST Debt
20
20
21
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.54%
4.27%
3.6%
Free Cash Flow
-70.98%
-26.09%
229%
Net Income, GAAP
3.26%
-0.86%
1.25%
Sales/Revenue/Turnover
1.67%
1.14%
-0.99%
Total Cash Common Dividend
4.47%
4.35%
-26.5%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
403
408
438
435
1,685
2025
421
412
441
395
1,669
2026
409
477
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.72
4.21
4.03
4.53
18.48
2025
5.61
2.86
5.94
4.31
18.71
2026
4.53
10.6
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
6.68
- -
- -
6.68
2025
- -
4.91
- -
- -
4.91
2026
- -
4.42
- -
- -
- -
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Business
Thai O.P.P. Public Company Limited manufactures and distributes plastic films, stickers, laminate tubes, and packaging products in Thailand. Established in 1983 and headquartered in Bangkok, the company produces a wide range of plastic films including oriented polypropylene (OPP), polyolefin shrink films, cast polypropylene (CPP) films, metallized films, stretch films, films for lamination, skin vacuum films, blown linear low-density polyethylene films, CPP breathable films, and protection films; sticker labels and stretchable labels; laminate tubes; and related packaging solutions such as shrink machines for industries including food, cosmetics, medical products, consumer goods, and industrial packaging. It operates through three main segments: plastic films, stickers, and tubes, serving domestic markets with a focus on customized, high-performance, and sustainable packaging supported by ongoing research and development in thinner, stronger films and eco-friendly practices guided by the 5Rs principles of refuse, reduce, reuse, repurpose, and recycle. In December 2024, the company entered into related-party lease transactions for factory buildings in Chachoengsao Province to support warehouse operations and toothpaste tube production, with a total value of THB 3.45 million representing 0.21% of net tangible assets; it also proposed a cash dividend for the 2024 fiscal year payable in May 2025.