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Thoresen Thai Agencies Public Co. Ltd.

Thoresen Thai Agencies Public Co. Ltd.

5.15
THB
0.00
(0.00%)
0.40EPS
14.52P/E
8.52BMarket Cap
Nov 18Next Earn
2014 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
16.16
- -
12.49
7.5
7.35
7.65
8.47
7.04
12.14
16.09
13.16
17.67
16.44
15.19
Basic EPS, GAAP
0.77
- -
-6.61
-0.23
0.32
0.12
0.31
-1.07
2.12
1.79
0.67
0.73
0.83
0.33
Free Cash Flow per Basic Share
-3.15
- -
-0.41
0.98
-0.29
-0.01
0.46
-0.33
1.81
1.57
0.01
-0.11
0.89
2.31
Dividend per Share
- -
- -
0.22
0.05
0.05
0.08
0.05
0.06
0.02
0.22
0.22
0.18
0.22
0.25
Book Value per Share
18.22
18.81
11.86
11.45
10.83
10.72
9.98
8.86
11.67
14.47
14.72
15.6
15.69
16.45
Tangible Book Value per Share
17.28
17.88
11.79
11.4
10.7
10.51
9.79
8.73
11.51
13.5
13.06
13.58
12.32
13.18
Basic Weighted Avg Shares
1,326
1,304
1,715
1,822
1,822
1,822
1,822
1,822
1,822
1,822
1,822
1,822
1,819
1,783
Sales/Revenue/Turnover
21,431
- -
21,426
13,662
13,392
13,946
15,428
12,830
22,128
29,321
23,976
32,206
29,909
27,073
Operating Margin (%)
4.23
- -
-7
-2.01
2.74
-2.01
-3.12
-7.49
16.25
11.45
4.59
4.08
0.17
0.51
Depreciation Expense
1,859
- -
2,263
1,458
1,374
1,388
1,451
1,474
1,532
1,850
2,187
2,474
2,284
2,085
Net Income, GAAP
1,015
- -
-11,335
-418
588
210
563
-1,945
3,859
3,269
1,217
1,323
1,516
580
Effective Tax Rate (%)
16.21
- -
- -
- -
12.41
- -
39.97
- -
3.31
0.67
1.37
8.91
3.92
- -
Profit Margin (%)
4.74
- -
-52.9
-3.06
4.39
1.51
3.65
-15.16
17.44
11.15
5.08
4.11
5.07
2.14
Working Capital
6,265
6,353
9,898
8,224
4,673
6,913
8,406
6,841
12,143
9,570
10,346
12,554
6,948
8,621
LT Debt
9,332
9,742
7,142
7,032
4,084
7,491
6,707
6,078
7,634
5,090
7,439
9,604
6,397
7,530
Total Equity
31,442
32,474
26,988
26,495
25,054
24,587
22,599
19,191
24,400
29,559
30,105
31,923
31,555
33,015
Return on Invested Capital (%)
2.46
- -
- -
- -
2.1
- -
1.17
- -
12.61
9.7
4.66
5.01
4.31
- -
Return on Capital (%)
1.93
- -
- -
- -
2.33
- -
3.66
- -
13.89
10.19
4.54
4.19
4.87
- -
Return on Common Equity (%)
4.87
- -
-49.18
-1.97
2.9
1.07
2.98
-11.33
20.62
13.73
4.58
4.79
5.34
2.01

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,412
4,120
3,727
LT Borrowings
6,161
7,052
7,319
LT Finance Leases
236
212
211
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,806
1,806
1,806
Market Capitalization
7,656
8,920
8,523

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17,620
19,173
18,502
Cash, Cash Equivalents & STI
8,458
9,593
8,367
Accounts Receivable, Net
4,646
4,952
4,522
Inventories
1,504
1,510
2,066
Total Current Liabilities
10,672
10,175
9,881
Payables & Accruals
4,653
5,251
5,337
ST Debt
5,412
4,120
3,727
Deferred Revenue
119
274
393

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.27%
11%
-1.15%
Free Cash Flow
-754.35%
-598.63%
-913.19%
Net Income, GAAP
-103.22%
-70.64%
14.56%
Sales/Revenue/Turnover
7.36%
22.79%
-7.13%
Total Cash Common Dividend
- -
- -
22.21%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,523
9,542
8,776
7,365
32,206
2025
7,295
7,227
8,251
7,136
29,909
2026
6,087
5,598
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.61
0.24
-0.6
0.47
0.73
2025
0.47
0.05
0.28
0.04
0.83
2026
0.11
-0.11
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.18
- -
- -
0.18
2025
- -
0.22
- -
- -
0.22
2026
- -
0.25
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chalermchai Mahagitsiri
Full Time Employees
1,340
Sector
Transportation
Industry
Marine shipping
Address
26/26-27 Orakarn Building, 8th Floor, Soi Chidlom, Ploenchit Road Bangkok BM Thailand 10330
IPO Date
Sep 25, 1995
Website
thoresen.com
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Business
Thoresen Thai Agencies Public Company Limited (TTA.BK) operates as a strategic investment holding company with diversified interests across shipping, offshore services, agrochemicals, food and beverage, and other investments; it owns and operates dry bulk vessels for hauling mineral ores, coal, agricultural products, construction materials, and steel products; provides offshore services including diving, remotely operated vehicles (ROV), subsea and hydrographic surveys, decommissioning, and installation projects through subsidiaries like Mermaid Subsea Services; produces and distributes fertilizers and agrochemicals via entities such as Baconco in Vietnam; franchises and operates Pizza Hut (over 185 locations) and Taco Bell (over 25 locations) restaurants in Thailand; and pursues investments in sectors including energy, logistics, real estate, water management, electric vehicles (EV trucks and motorcycles via P80 Group), airlines (P80 Air and P80 Jet), liquefied petroleum gas (LPG) shipping (Petrolift), and digital assets. The company conducts operations geographically in Asia (primarily Thailand and Vietnam), Africa, Europe, the United States, Oceania, and the Middle East, serving industries such as maritime transport, oil and gas, agriculture, quick-service restaurants, and infrastructure. Founded in 1904 with headquarters in Bangkok, Thailand, TTA maintains subsidiaries and joint ventures including Thoresen Shipping Singapore, Siam Taco, PH Capital, V Ventures Technologies, Asia Infrastructure Management, and PM Thoresen Asia Holdings. Recent developments include the acquisition of a 2.117% stake in Valeura Energy Inc. through open-market purchases from December 2024 to January 2025 at an average price of C$6.86 per share for C$14.5 million; establishment of subsidiaries like Mermaid Decom for decommissioning services, P80 Air and P80 Jet for aviation, and Thoresen FSO for floating storage and offloading; expansion of EV offerings with launches such as the King Long Dracon electric pickup truck and BABOON BBN-400LAT motorcycle at Motor Expo 2024; ongoing fleet acquisitions including second-hand dry bulk vessels; and recognition as a member of the Thailand Sustainability Investment index in 2022 along with strong 9M/2025 financial performance showing EBITDA growth from improved offshore margins and gains from digital asset disposals.