Indorama Ventures (IVL) Stock Overview
Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
IVL Community Fair Values
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Analyst Price Targets
Indorama Ventures Public Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ฿22.90 |
| 52 Week High | ฿26.25 |
| 52 Week Low | ฿14.60 |
| Beta | 0.62 |
| 1 Month Change | -1.29% |
| 3 Month Change | -6.53% |
| 1 Year Change | 8.02% |
| 3 Year Change | -35.04% |
| 5 Year Change | -43.80% |
| Change since IPO | 129.00% |
Recent News & Updates
Narrative Update • Jun 29
IVL: Higher Profitability Outlook Will Support A More Upbeat 2026 Prospective
Analysts have lifted their fair value estimate for Indorama Ventures from THB23.07 to THB26.71, citing updated assumptions for revenue growth, profit margins and a lower discount rate, along with a revised future P/E outlook. What's in the News for Indorama Ventures Indorama Ventures has scheduled a board meeting for May 15, 2026, to consider granting financial assistance of up to US$70 million by way of a guarantee or Standby Letter of Credit to Indo Rama Synthetics (India) Limited and/or its subsidiaries, which are connected persons of the company.
Narrative Update • Jun 15
IVL: Related Party Support And Margin Assumptions Will Guide Fairly Valued Shares
Analysts have lifted their price target for Indorama Ventures to THB21.34, reflecting slightly firmer profit margin expectations and a modestly higher assumed discount rate and future P/E multiple in their models. What's in the News A board meeting is scheduled for May 15, 2026, to consider granting financial assistance by way of a guarantee or Standby Letter of Credit of up to US$70 million to Indo Rama Synthetics (India) Limited and/or its subsidiaries, which are connected persons of Indorama Ventures (source: company event filing).Narrative Update • Jun 01
IVL: Financial Support Plans And Margin Outlook Will Shape Fairly Valued Shares
Analysts have lifted their price target on Indorama Ventures slightly to THB21.34 from THB21.00. This reflects updated views on a modestly smaller revenue decline, a slightly higher profit margin, a slightly lower discount rate, and a marginally lower assumed future P/E multiple.Recent updates
Narrative Update • Jun 29
IVL: Higher Profitability Outlook Will Support A More Upbeat 2026 Prospective
Analysts have lifted their fair value estimate for Indorama Ventures from THB23.07 to THB26.71, citing updated assumptions for revenue growth, profit margins and a lower discount rate, along with a revised future P/E outlook. What's in the News for Indorama Ventures Indorama Ventures has scheduled a board meeting for May 15, 2026, to consider granting financial assistance of up to US$70 million by way of a guarantee or Standby Letter of Credit to Indo Rama Synthetics (India) Limited and/or its subsidiaries, which are connected persons of the company.Narrative Update • Jun 15
IVL: Related Party Support And Margin Assumptions Will Guide Fairly Valued Shares
Analysts have lifted their price target for Indorama Ventures to THB21.34, reflecting slightly firmer profit margin expectations and a modestly higher assumed discount rate and future P/E multiple in their models. What's in the News A board meeting is scheduled for May 15, 2026, to consider granting financial assistance by way of a guarantee or Standby Letter of Credit of up to US$70 million to Indo Rama Synthetics (India) Limited and/or its subsidiaries, which are connected persons of Indorama Ventures (source: company event filing).Narrative Update • Jun 01
IVL: Financial Support Plans And Margin Outlook Will Shape Fairly Valued Shares
Analysts have lifted their price target on Indorama Ventures slightly to THB21.34 from THB21.00. This reflects updated views on a modestly smaller revenue decline, a slightly higher profit margin, a slightly lower discount rate, and a marginally lower assumed future P/E multiple.
Narrative Update • May 09
IVL: Lower Discount Rate And Higher Future P/E Will Support Upside
Analysts have raised their price target on Indorama Ventures from THB 28.0 to THB 31.1 as they update their views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Board meeting scheduled for February 27, 2026 to consider convening the Annual General Meeting of Shareholders, which can shape upcoming decisions on dividends, capital allocation, and governance (Key Developments).Narrative Update • Apr 23
IVL: Higher Future P/E Assumptions Will Constrain Share Price Upside
Analysts have raised their price target for Indorama Ventures from THB17.54 to THB21.00, citing updated assumptions on the discount rate, revenue trajectory, profit margin, and future P/E multiples as key drivers of the change. What's in the News Board meeting scheduled for Feb 27, 2026, to consider convening the Annual General Meeting of Shareholders, which may shed light on upcoming resolutions and corporate priorities (Key Developments).Narrative Update • Apr 08
IVL: Higher Assumed P/E And Softer Margins Will Restrain Future Returns
Analysts now set their price target for Indorama Ventures at about THB17.54, compared with the prior fair value estimate of about THB14.82. This reflects updated views on a lower discount rate, a smaller expected revenue decline, slightly softer profit margins, and a higher assumed future P/E multiple.Narrative Update • Mar 25
IVL: Green Chemistry And AI Will Shape Balanced Prospects Into 2026
Indorama Ventures' analyst price target has been adjusted slightly to THB 23.07 from THB 23.03, with analysts pointing to updated assumptions that include a different discount rate, higher modeled revenue growth, a lower profit margin, and a higher future P/E multiple. What's in the News Board meeting scheduled for Feb 27, 2026, with the agenda to consider convening the Annual General Meeting of Shareholders (Key Developments).Narrative Update • Mar 10
IVL: Lower Discount Rate And Higher Future P/E Will Support Upside
Analysts have nudged their fair value estimate for Indorama Ventures slightly lower from THB 28.10 to THB 28.00, reflecting updated views around a reduced discount rate, higher assumed revenue growth, a slimmer profit margin, and a higher future P/E multiple. What's in the News Board meeting scheduled for Feb 27, 2026 to consider convening the Annual General Meeting of Shareholders, which can set the timetable for key shareholder decisions (Key Developments).Narrative Update • Feb 23
IVL: Green Chemistry And AI Will Support Measured Future Return Potential
Analysts have trimmed their 12 month price target for Indorama Ventures slightly to THB23.03 from THB23.39, reflecting refreshed assumptions around the discount rate, revenue growth, profit margin and future P/E that point to only modest tweaks in their valuation views. What's in the News Indorama Ventures held an Analyst/Investor Day, which gave the market an opportunity to hear updated views and priorities directly from management (Key Developments).Narrative Update • Feb 08
IVL: Lower Future P/E Multiple Will Limit Share Price Upside
Analysts have trimmed their price target for Indorama Ventures to approximately US$14.82 from about US$15.30, citing updated assumptions around discount rates, slightly different revenue expectations, improved profit margin forecasts, and a lower future P/E multiple. Valuation Changes Fair Value: Trimmed slightly from US$15.30 to about US$14.82 per share.Narrative Update • Jan 25
IVL: Green Chemistry And AI Will Support Future Upside Potential
Analysts have slightly reduced their price target for Indorama Ventures to US$23.39 from about US$23.54, reflecting updated assumptions for more moderate revenue growth, a marginally lower profit margin outlook, and a slightly higher future P/E multiple, while keeping the discount rate unchanged. Valuation Changes Fair Value: reduced slightly from US$23.54 to US$23.39 per share.Narrative Update • Jan 10
IVL: Stronger Margins And Lower P/E Will Support Upside Potential
Analysts have trimmed their price target for Indorama Ventures to $28.10, reflecting slightly softer revenue growth assumptions, together with a modestly higher profit margin outlook and a lower forward P/E multiple. Valuation Changes Fair Value: Unchanged at THB 28.10 per share, indicating no adjustment to the overall valuation anchor.Narrative Update • Dec 26
IVL: Sustainability Breakthroughs In Fragrance Solubilization Will Support Stronger Profit Margins
Analysts have modestly reduced their price target for Indorama Ventures from THB 29.0 to THB 28.1, citing a higher required discount rate despite stronger expectations for revenue growth and profit margins in the future. What's in the News Indorama Ventures unit Indovinya launched an Open Innovation Challenge targeting sustainable fragrance solubilization solutions for the personal care market, in partnership with AEVO (Key Developments).Narrative Update • Dec 12
IVL: Higher Required Returns And Lower Margins Will Temper Future Upside
Analysts have trimmed their fair value estimate for Indorama Ventures from about $18.00 to roughly $15.30 per share. They cite a higher required discount rate, weaker expected profit margins, and a richer future earnings multiple that together temper the upside case despite slightly improved revenue trends.Narrative Update • Nov 27
IVL: Green Chemistry and AI Solutions Will Accelerate Market Leadership
Analysts have revised their price target for Indorama Ventures slightly downward from $24.18 to $23.54. This change is based on updated expectations for revenue growth and profit margins.Narrative Update • Nov 11
IVL: Sustainable Solutions Drive Renewed Confidence Amid Market Opportunity
Analysts have lowered their price target for Indorama Ventures from $24.64 to $24.18. They cited revised growth assumptions and a slightly higher discount rate in their updated models.
New Narrative • Dec 16
Indovinya And Indovida IPOs Plus PET Recycling Expansion To Boost Profits And Margins
Asset rationalization and restructuring initiatives aim to improve profitability by reducing costs and boosting operational efficiency.Shareholder Returns
| IVL | TH Chemicals | TH Market | |
|---|---|---|---|
| 7D | -0.9% | 0.7% | 0.7% |
| 1Y | 8.0% | 32.2% | 45.9% |
Return vs Industry: IVL underperformed the TH Chemicals industry which returned 32.2% over the past year.
Return vs Market: IVL underperformed the TH Market which returned 45.9% over the past year.
Price Volatility
| IVL volatility | |
|---|---|
| IVL Average Weekly Movement | 4.6% |
| Chemicals Industry Average Movement | 4.6% |
| Market Average Movement | 4.0% |
| 10% most volatile stocks in TH Market | 10.0% |
| 10% least volatile stocks in TH Market | 1.9% |
Stable Share Price: IVL has not had significant price volatility in the past 3 months compared to the TH market.
Volatility Over Time: IVL's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | n/a | Aloke Lohia | www.indoramaventures.com |
Indorama Ventures Public Company Limited, together with its subsidiaries, manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally. It operates through four segments: Combined PET, Indovida, Indovinya, and Fibers. The Combined PET segment manufactures and distributes polyethylene terephthalate (PET) value chain comprising paraxylene, purified terephthalic acid, PET, and recycling; and specialty PET-related chemicals, such as purified isophthalic acid and naphthalene dicarboxylate.
Indorama Ventures Public Company Limited Fundamentals Summary
| IVL fundamental statistics | |
|---|---|
| Market cap | ฿128.57b |
| Earnings (TTM) | -฿9.77b |
| Revenue (TTM) | ฿441.80b |
0.3x
P/S Ratio-13.2x
P/E RatioIs IVL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IVL income statement (TTM) | |
|---|---|
| Revenue | ฿441.80b |
| Cost of Revenue | ฿390.09b |
| Gross Profit | ฿51.71b |
| Other Expenses | ฿61.47b |
| Earnings | -฿9.77b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 11, 2026
| Earnings per share (EPS) | -1.74 |
| Gross Margin | 11.70% |
| Net Profit Margin | -2.21% |
| Debt/Equity Ratio | 192.2% |
How did IVL perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield-30%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/11 19:02 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Indorama Ventures Public Company Limited is covered by 22 analysts. 14 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 |
|---|---|
| Komsun Suksumrun | BofA Global Research |
| Suppata Srisuk | Bualuang Securities PCL |
| Amornrat Cheevavichawalkul | CGS International |