TPIPP-R Stock Overview

Generates and distributes electricity, refuse derived fuel, and organics waste in Thailand. More details

TPIPP-R fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	1/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 4.8% below our estimate of its fair value

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 19% per year for the next 3 years

Debt is not well covered by operating cash flow

Dividend of 7.05% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

TPI Polene Power Public Company Limited Competitors

CK Power

SET:CKP

฿25.5b

Gunkul Engineering

SET:GUNKUL

฿19.1b

Absolute Clean Energy

SET:ACE

฿13.1b

Energy Absolute

SET:EA

฿14.8b

Price History & Performance

Summary of share price highs, lows and changes for TPI Polene Power
Historical stock prices
Current Share Price	฿2.98
52 Week High	฿3.44
52 Week Low	฿2.70
Beta	0.55
1 Month Change	-0.67%
3 Month Change	-2.61%
1 Year Change	-12.35%
3 Year Change	-28.37%
5 Year Change	-31.96%
Change since IPO	-55.52%

Recent updates

Shareholder Returns

	TPIPP-R	TH Renewable Energy	TH Market
7D	1.4%	-0.6%	0.1%
1Y	-12.4%	-5.4%	-1.2%

Return vs Industry: TPIPP-R underperformed the TH Renewable Energy industry which returned -5.4% over the past year.

Return vs Market: TPIPP-R underperformed the TH Market which returned -1.2% over the past year.

Price Volatility

Is TPIPP-R's price volatile compared to industry and market?
TPIPP-R volatility
TPIPP-R Average Weekly Movement	1.7%
Renewable Energy Industry Average Movement	4.3%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.8%
10% least volatile stocks in TH Market	2.1%

Stable Share Price: TPIPP-R has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: TPIPP-R's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1991	n/a	Pakorn Leopairut	www.tpipolenepower.co.th

TPI Polene Power Public Company Limited generates and distributes electricity, refuse derived fuel, and organics waste in Thailand. It operates in two segments, Energy and Utilities, and Petrol and Gas Stations. The company operates coal-fired; waste fuel plants; and waste-to-energy and waste-heat recovery power plants with a total installed power generation capacity of approximately 440 megawatts.

TPI Polene Power Public Company Limited Fundamentals Summary

How do TPI Polene Power's earnings and revenue compare to its market cap?
TPIPP-R fundamental statistics
Market cap	฿25.03b
Earnings (TTM)	฿3.22b
Revenue (TTM)	฿10.63b

7.8x

P/E Ratio

2.4x

P/S Ratio

Is TPIPP-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TPIPP-R income statement (TTM)
Revenue	฿10.63b
Cost of Revenue	฿6.91b
Gross Profit	฿3.72b
Other Expenses	฿491.70m
Earnings	฿3.22b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.38
Gross Margin	34.95%
Net Profit Margin	30.33%
Debt/Equity Ratio	77.3%

How did TPIPP-R perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

55%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 19:16
End of Day Share Price	2024/12/26 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

TPI Polene Power Public Company Limited is covered by 6 analysts. 1 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
Suwat Sinsadok	BNP Paribas Securities (Asia)
Suwat Sinsadok	CGS International
Jesada Techahusdin	Maybank Research Pte. Ltd.