Tipco Asphalt (TPY1) Stock Overview

Engages in the manufacture and distribution of asphalt and petroleum products in Thailand and internationally. More details

TPY1 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	4/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 29.1% below our estimate of its fair value

Earnings are forecast to grow 7.08% per year

Earnings grew by 49.1% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 6.52% is not well covered by free cash flows

TPY1 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

View Stock Community

Tipco Asphalt Public Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Tipco Asphalt
Historical stock prices
Current Share Price	฿0.38
52 Week High	฿0.54
52 Week Low	฿0.32
Beta	0.071
1 Month Change	7.95%
3 Month Change	0.53%
1 Year Change	-28.97%
3 Year Change	-18.80%
5 Year Change	-24.75%
Change since IPO	660.00%

Recent updates

Shareholder Returns

	TPY1	DE Basic Materials	DE Market
7D	10.5%	2.5%	1.7%
1Y	-29.0%	13.7%	10.9%

Return vs Industry: TPY1 underperformed the German Basic Materials industry which returned 11.4% over the past year.

Return vs Market: TPY1 underperformed the German Market which returned 10.1% over the past year.

Price Volatility

Is TPY1's price volatile compared to industry and market?
TPY1 volatility
TPY1 Average Weekly Movement	7.4%
Basic Materials Industry Average Movement	4.0%
Market Average Movement	5.0%
10% most volatile stocks in DE Market	12.3%
10% least volatile stocks in DE Market	2.6%

Stable Share Price: TPY1 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: TPY1's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1979	n/a	Chaiwat Srivalwat	www.tipcoasphalt.com

Tipco Asphalt Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of asphalt and petroleum products in Thailand and internationally. It operates through Manufacturing and Trading; and Construction Business segments. The company engages in manufacturing and trading of asphalt, petroleum oil, and asphalt concrete products.

Tipco Asphalt Public Company Limited Fundamentals Summary

How do Tipco Asphalt's earnings and revenue compare to its market cap?
TPY1 fundamental statistics
Market cap	€586.32m
Earnings (TTM)	€43.08m
Revenue (TTM)	€752.13m

13.6x

P/E Ratio

0.8x

P/S Ratio

Is TPY1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TPY1 income statement (TTM)
Revenue	฿27.94b
Cost of Revenue	฿25.09b
Gross Profit	฿2.85b
Other Expenses	฿1.25b
Earnings	฿1.60b

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	1.01
Gross Margin	10.20%
Net Profit Margin	5.73%
Debt/Equity Ratio	23.9%

How did TPY1 perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

88%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/11 23:02
End of Day Share Price	2025/12/11 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tipco Asphalt Public Company Limited is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Prasit Rattanakijkamol	Asia Plus Securities Company Limited
Suwat Sinsadok	CGS International
Sasikarn Udomvej	DBS Bank Ltd

Tipco Asphalt Public Company LimitedDB:TPY1 Stock Report