1. Thailand Stocks

  2. •

    Process industries

  3. •

    Containers/Packaging
Thai Packaging & Printing Public Co. Ltd.

Thai Packaging & Printing Public Co. Ltd.

12.70
THB
+0.10
(+0.79%)
1.93EPS
6.34P/E
457.50MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.88
7.8
7.12
7.17
6.54
8.05
8.72
6.37
6.41
7.1
5.69
6.51
7.21
7.74
Basic EPS, GAAP
0.57
0.73
0.38
0.32
0.45
0.15
0.96
-0.1
0.78
0.8
0.32
0.63
1.31
1.93
Free Cash Flow per Basic Share
0.17
1.12
-0.04
-0.2
-0.31
-1.23
1.85
0.81
0.16
1.15
1.11
0.5
0.84
1.37
Dividend per Share
0.3
0.34
0.4
0.3
0.3
0.34
0.22
0.6
1.41
1
0.5
0.22
0.45
0.99
Book Value per Share
21.06
21.45
21.41
21.42
21.57
23.27
24.01
23.47
24.42
23.98
24.61
24.92
25.74
25.75
Tangible Book Value per Share
21
21.4
21.38
21.4
21.55
23.25
24
23.38
24.33
23.87
24.46
24.79
25.61
25.64
Basic Weighted Avg Shares
38
38
38
38
38
38
38
38
38
38
38
38
38
38
Sales/Revenue/Turnover
335
293
267
269
245
302
327
239
240
266
213
244
270
290
Operating Margin (%)
10.45
2.45
-2.75
-0.76
-1.53
3.07
12.6
2.21
6.33
12.65
7.28
15.07
20.87
22.58
Depreciation Expense
13
14
14
16
16
16
14
15
16
14
13
13
12
12
Net Income, GAAP
22
27
14
12
17
6
36
-4
29
30
12
24
49
72
Effective Tax Rate (%)
21.97
20.05
19.28
24.77
11.47
35.02
20.94
- -
14.34
21.45
22.45
22.13
12.87
12.49
Profit Margin (%)
6.42
9.36
5.38
4.41
6.81
1.86
11.06
-1.61
12.13
11.22
5.62
9.67
18.17
24.87
Working Capital
193
209
258
243
253
254
284
258
399
387
373
388
420
404
LT Debt
9
5
3
1
3
2
3
4
5
3
1
1
4
3
Total Equity
790
805
803
804
809
873
901
880
916
899
923
935
965
966
Return on Invested Capital (%)
2.8
3.37
1.77
-0.19
-0.41
0.71
3.65
- -
3.25
3.27
1.33
2.56
5.16
7.59
Return on Capital (%)
3.02
3.53
1.88
1.51
2.09
0.68
4.08
- -
3.26
3.29
1.32
2.55
5.17
7.61
Return on Common Equity (%)
2.91
3.44
1.79
1.48
2.07
0.67
4.08
-0.43
3.25
3.29
1.32
2.54
5.17
7.62

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3
3
3
LT Borrowings
- -
- -
- -
LT Finance Leases
4
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
38
38
Market Capitalization
409
394
458

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
459
482
452
Cash, Cash Equivalents & STI
345
364
332
Accounts Receivable, Net
78
69
76
Inventories
23
29
25
Total Current Liabilities
40
52
49
Payables & Accruals
32
44
40
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.9%
1.89%
3.28%
Free Cash Flow
102.7%
105.27%
67.83%
Net Income, GAAP
-31.92%
-141.96%
108.04%
Sales/Revenue/Turnover
1.3%
3.33%
10.74%
Total Cash Common Dividend
- -
20.86%
104.54%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
56
61
61
65
244
2025
70
58
66
76
270
2026
73
75
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.18
0.35
0.06
0.63
2025
0.22
0.17
0.51
0.42
1.31
2026
0.56
0.44
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.22
2025
- -
0.45
- -
- -
0.45
2026
- -
0.99
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Pongsathust Asvinvichit
Full Time Employees
343
Sector
Process industries
Industry
Containers/Packaging
Address
9/9 Moo.6 King-Kaew Rd. Samut Prakan SP Thailand 10540
IPO Date
Nov 6, 1990
Website
tpppack.com
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Business
Thai Packaging & Printing Public Company Limited (TPP.BK) manufactures and distributes corrugated boxes and offset-printed white paper packaging products in Thailand; its core offerings include industrial packaging, prepress, press, and post-press services, as well as specific items such as food grade packaging, leaflet brochures and magazines, cup sleeves, corrugated master cartons, offset printing corrugated folding boxes, and offset printing folding boxes for sectors including automotive, electric, medical appliances, food and beverage, housewares, fast-moving consumer goods, toys, and miscellaneous industries. Founded in 1983 and headquartered in Samut Prakan at 9/9 Moo 6 King Kaew Road, Bang Phli, the company operates primarily in Thailand with approximately 343 employees and annual production capacity of 15,000 tons; through its subsidiary TPP International Company Limited, it also provides air cargo service agency and invests in non-listed companies. In recent developments, TPP reported strong financial performance for the first nine months of 2025, with revenue increasing to THB 199.31 million and net income rising to THB 33.5 million, alongside approval of a dividend for the year 2024 payable on May 7, 2025.