Thai Oil's earnings are forecast to decline at 27.3% per annum while its annual revenue is expected to grow at 9.6% per year. EPS is expected to decline by 28.4% per annum. Return on equity is forecast to be 8% in 3 years.
Key information
-27.3%
Earnings growth rate
-28.41%
EPS growth rate
Oil and Gas earnings growth
10.9%
Revenue growth rate
9.6%
Future return on equity
7.98%
Analyst coverage
Good
Last updated
30 Jun 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
OTCPK:TOIP.Y - Analysts future estimates and past financials data (THB Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
494,741
15,865
20,953
26,821
12
12/31/2027
426,500
14,251
-4,712
23,178
17
12/31/2026
437,655
19,072
-19,993
18,468
16
3/31/2026
346,613
30,562
46,611
61,043
N/A
12/31/2025
330,943
14,584
38,111
48,809
N/A
9/30/2025
340,036
14,893
34,962
42,666
N/A
6/30/2025
371,127
8,528
23,797
30,398
N/A
3/31/2025
395,207
7,599
22,080
29,041
N/A
12/31/2024
407,951
9,959
30,034
39,355
N/A
9/30/2024
436,862
10,136
-15,624
-1,422
N/A
6/30/2024
449,879
25,182
-873
14,043
N/A
3/31/2024
435,021
20,752
-28,137
-13,304
N/A
12/31/2023
432,309
19,443
-15,440
-841
N/A
9/30/2023
441,752
16,646
26,826
40,459
N/A
6/30/2023
445,447
5,830
7,632
33,774
N/A
3/31/2023
492,164
30,040
28,121
57,126
N/A
12/31/2022
496,227
32,668
11,162
43,251
N/A
9/30/2022
458,331
37,551
-5,626
29,047
N/A
6/30/2022
412,494
39,602
4,684
32,739
N/A
3/31/2022
336,937
16,427
-12,430
20,127
N/A
12/31/2021
291,326
12,641
-24,890
10,504
N/A
9/30/2021
238,723
14,890
-34,588
9,236
N/A
6/30/2021
214,973
13,607
-38,248
4,393
N/A
3/31/2021
185,549
13,981
-40,951
3,081
N/A
12/31/2020
188,024
-3,088
-46,215
2,435
N/A
9/30/2020
217,816
-7,966
-36,405
3,682
N/A
6/30/2020
242,535
-9,428
-38,917
3,541
N/A
3/31/2020
284,703
-11,387
-33,688
5,185
N/A
12/31/2019
298,744
6,693
N/A
13,087
N/A
9/30/2019
311,028
-519
N/A
17,937
N/A
6/30/2019
329,777
4,722
N/A
15,776
N/A
3/31/2019
334,412
8,949
N/A
14,569
N/A
12/31/2018
334,853
10,149
N/A
18,313
N/A
9/30/2018
323,731
21,888
N/A
19,282
N/A
6/30/2018
302,243
24,935
N/A
29,706
N/A
3/31/2018
285,097
23,390
N/A
31,964
N/A
12/31/2017
280,464
24,856
N/A
34,417
N/A
9/30/2017
276,249
23,732
N/A
28,258
N/A
6/30/2017
264,430
19,067
N/A
26,286
N/A
3/31/2017
256,745
23,571
N/A
23,507
N/A
12/31/2016
225,939
21,222
N/A
23,182
N/A
9/30/2016
231,976
19,169
N/A
26,445
N/A
6/30/2016
238,221
13,933
N/A
32,199
N/A
3/31/2016
244,889
12,409
N/A
32,059
N/A
12/31/2015
259,464
12,181
N/A
31,708
N/A
9/30/2015
298,528
1,988
N/A
34,117
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TOIP.Y's earnings are forecast to decline over the next 3 years (-27.3% per year).
Earnings vs Market: TOIP.Y's earnings are forecast to decline over the next 3 years (-27.3% per year).
High Growth Earnings: TOIP.Y's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TOIP.Y's revenue (9.6% per year) is forecast to grow slower than the US market (12.7% per year).
High Growth Revenue: TOIP.Y's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TOIP.Y's Return on Equity is forecast to be low in 3 years time (8%).
Discover growth companies
7D
1Y
7D
1Y
7D
1Y
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/07 10:38
End of Day Share Price
2026/06/16 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.
* 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
Thai Oil Public Company Limited is covered by 35 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.