Tipco Asphalt Public Company Limited Logo

Tipco Asphalt Public Company Limited

TASCO.BK

(3.2)
Stock Price

18,20 THB

12.36% ROA

13.87% ROE

8.13x PER

Market Cap.

25.885.104.000,00 THB

26.25% DER

7.62% Yield

7.41% NPM

Tipco Asphalt Public Company Limited Stock Analysis

Tipco Asphalt Public Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Tipco Asphalt Public Company Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (20.7%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a minimal amount of debt (19%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

5 PBV

The stock's PBV ratio (1.77x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

7 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

8 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

9 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (197), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

10 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Tipco Asphalt Public Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Tipco Asphalt Public Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Buy

Tipco Asphalt Public Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Tipco Asphalt Public Company Limited Revenue
Year Revenue Growth
2002 4.452.440.410
2003 4.556.000.250 2.27%
2004 5.088.659.771 10.47%
2005 7.436.505.679 31.57%
2006 9.642.055.372 22.87%
2007 10.556.234.613 8.66%
2008 9.587.347.428 -10.11%
2009 14.193.265.564 32.45%
2010 26.298.267.344 46.03%
2011 22.303.811.809 -17.91%
2012 37.663.155.183 40.78%
2013 33.934.919.398 -10.99%
2014 45.727.305.483 25.79%
2015 37.136.767.523 -23.13%
2016 24.037.769.819 -54.49%
2017 28.260.329.614 14.94%
2018 27.631.919.678 -2.27%
2019 36.892.972.824 25.1%
2020 26.155.271.615 -41.05%
2021 27.052.779.580 3.32%
2022 33.400.539.568 19%
2023 28.217.480.000 -18.37%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Tipco Asphalt Public Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Tipco Asphalt Public Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 606.319.070
2003 596.940.299 -1.57%
2004 361.958.576 -64.92%
2005 0 0%
2006 0 0%
2007 0 0%
2008 539.047.201 100%
2009 488.470.134 -10.35%
2010 555.765.089 12.11%
2011 589.158.621 5.67%
2012 594.138.146 0.84%
2013 658.427.546 9.76%
2014 643.827.963 -2.27%
2015 944.622.404 31.84%
2016 1.045.427.861 9.64%
2017 1.177.877.983 11.24%
2018 1.180.074.246 0.19%
2019 1.087.117.374 -8.55%
2020 1.209.277.202 10.1%
2021 1.184.005.519 -2.13%
2022 1.153.911.525 -2.61%
2023 975.192.000 -18.33%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Tipco Asphalt Public Company Limited EBITDA
Year EBITDA Growth
2002 360.413.230
2003 130.891.141 -175.35%
2004 280.497.157 53.34%
2005 523.335.644 46.4%
2006 762.659.114 31.38%
2007 707.598.031 -7.78%
2008 201.548.189 -251.08%
2009 1.251.513.214 83.9%
2010 1.813.524.690 30.99%
2011 1.228.973.662 -47.56%
2012 1.808.313.126 32.04%
2013 1.482.373.971 -21.99%
2014 719.122.800 -106.14%
2015 6.100.872.978 88.21%
2016 3.898.826.288 -56.48%
2017 4.299.665.252 9.32%
2018 3.007.552.735 -42.96%
2019 3.358.385.170 10.45%
2020 4.621.601.649 27.33%
2021 5.060.981.061 8.68%
2022 5.224.421.021 3.13%
2023 2.684.228.000 -94.63%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Tipco Asphalt Public Company Limited Gross Profit
Year Gross Profit Growth
2002 850.019.116
2003 579.370.344 -46.71%
2004 497.305.845 -16.5%
2005 881.837.970 43.61%
2006 1.201.389.187 26.6%
2007 1.073.498.799 -11.91%
2008 672.499.187 -59.63%
2009 1.798.525.418 62.61%
2010 2.113.010.919 14.88%
2011 1.539.436.822 -37.26%
2012 1.908.441.318 19.34%
2013 1.663.202.792 -14.74%
2014 910.889.087 -82.59%
2015 6.495.938.319 85.98%
2016 4.088.958.245 -58.87%
2017 4.151.548.023 1.51%
2018 3.144.111.345 -32.04%
2019 3.470.727.962 9.41%
2020 4.752.677.121 26.97%
2021 4.926.087.794 3.52%
2022 5.041.320.630 2.29%
2023 2.650.600.000 -90.2%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Tipco Asphalt Public Company Limited Net Profit
Year Net Profit Growth
2002 -91.038.717
2003 -5.366.304 -1596.49%
2004 30.155.210 117.8%
2005 214.028.845 85.91%
2006 343.412.059 37.68%
2007 306.161.110 -12.17%
2008 -1.182.142.365 125.9%
2009 488.135.667 342.17%
2010 1.007.665.231 51.56%
2011 735.572.228 -36.99%
2012 642.273.946 -14.53%
2013 831.449.384 22.75%
2014 1.200.434.337 30.74%
2015 5.078.764.042 76.36%
2016 3.110.133.633 -63.3%
2017 2.537.110.873 -22.59%
2018 564.465.981 -349.47%
2019 3.123.280.231 81.93%
2020 3.591.824.102 13.04%
2021 2.219.712.251 -61.81%
2022 2.366.511.142 6.2%
2023 806.760.000 -193.34%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Tipco Asphalt Public Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 -1 0%
2009 0 0%
2010 1 0%
2011 0 0%
2012 0 0%
2013 1 0%
2014 1 0%
2015 3 100%
2016 2 -50%
2017 2 -100%
2018 0 0%
2019 2 100%
2020 2 50%
2021 1 -100%
2022 2 0%
2023 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Tipco Asphalt Public Company Limited Free Cashflow
Year Free Cashflow Growth
2002 -263.463.235
2003 -302.879.646 13.01%
2004 60.315.052 602.16%
2005 -593.530.626 110.16%
2006 -409.655.163 -44.89%
2007 285.105.562 243.69%
2008 -1.637.263.963 117.41%
2009 -2.866.782.599 42.89%
2010 2.052.409.892 239.68%
2011 -857.507.502 339.35%
2012 -4.094.628.457 79.06%
2013 -924.692.010 -342.81%
2014 5.902.132.572 115.67%
2015 6.690.385.203 11.78%
2016 3.591.602.494 -86.28%
2017 1.050.870.530 -241.77%
2018 -3.211.219.005 132.72%
2019 4.975.766.844 164.54%
2020 4.845.814.451 -2.68%
2021 233.138.910 -1978.51%
2022 2.481.021.849 90.6%
2023 -290.961.000 952.7%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Tipco Asphalt Public Company Limited Operating Cashflow
Year Operating Cashflow Growth
2002 62.512.403
2003 128.700.684 51.43%
2004 82.995.055 -55.07%
2005 -196.311.074 142.28%
2006 -95.291.301 -106.01%
2007 485.667.798 119.62%
2008 -1.325.578.897 136.64%
2009 -2.366.497.095 43.99%
2010 2.579.285.581 191.75%
2011 -230.942.490 1216.85%
2012 -3.352.363.702 93.11%
2013 -78.126.617 -4190.94%
2014 6.763.711.317 101.16%
2015 8.359.305.505 19.09%
2016 4.835.259.517 -72.88%
2017 2.354.906.062 -105.33%
2018 -2.620.736.174 189.86%
2019 6.322.735.238 141.45%
2020 5.552.917.087 -13.86%
2021 744.314.842 -646.04%
2022 2.900.064.089 74.33%
2023 -145.364.000 2095.04%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Tipco Asphalt Public Company Limited Capital Expenditure
Year Capital Expenditure Growth
2002 325.975.638
2003 431.580.330 24.47%
2004 22.680.003 -1802.91%
2005 397.219.552 94.29%
2006 314.363.862 -26.36%
2007 200.562.236 -56.74%
2008 311.685.066 35.65%
2009 500.285.504 37.7%
2010 526.875.689 5.05%
2011 626.565.012 15.91%
2012 742.264.755 15.59%
2013 846.565.393 12.32%
2014 861.578.745 1.74%
2015 1.668.920.302 48.38%
2016 1.243.657.023 -34.19%
2017 1.304.035.532 4.63%
2018 590.482.831 -120.84%
2019 1.346.968.394 56.16%
2020 707.102.636 -90.49%
2021 511.175.932 -38.33%
2022 419.042.240 -21.99%
2023 145.597.000 -187.81%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Tipco Asphalt Public Company Limited Equity
Year Equity Growth
2002 1.913.127.814
2003 3.195.980.809 40.14%
2004 1.701.151.564 -87.87%
2005 2.416.558.952 29.6%
2006 2.816.856.741 14.21%
2007 2.921.894.984 3.59%
2008 1.721.193.567 -69.76%
2009 2.224.484.306 22.63%
2010 3.046.148.578 26.97%
2011 3.849.950.157 20.88%
2012 4.424.665.998 12.99%
2013 5.241.706.538 15.59%
2014 5.955.321.564 11.98%
2015 10.328.869.046 42.34%
2016 12.154.440.595 15.02%
2017 12.800.986.056 5.05%
2018 12.537.101.054 -2.1%
2019 13.578.658.477 7.67%
2020 15.020.639.125 9.6%
2021 15.937.282.256 5.75%
2022 16.792.194.443 5.09%
2023 16.900.596.000 0.64%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Tipco Asphalt Public Company Limited Assets
Year Assets Growth
2002 5.370.952.103
2003 5.774.860.509 6.99%
2004 4.989.085.959 -15.75%
2005 6.266.949.973 20.39%
2006 7.421.991.348 15.56%
2007 7.035.299.496 -5.5%
2008 8.915.365.369 21.09%
2009 12.513.825.767 28.76%
2010 10.748.611.056 -16.42%
2011 15.520.507.539 30.75%
2012 18.669.754.601 16.87%
2013 20.273.518.704 7.91%
2014 15.145.117.649 -33.86%
2015 16.869.301.643 10.22%
2016 19.502.616.177 13.5%
2017 19.512.697.950 0.05%
2018 24.253.466.175 19.55%
2019 25.261.902.971 3.99%
2020 21.334.457.582 -18.41%
2021 24.800.902.026 13.98%
2022 26.257.182.937 5.55%
2023 25.631.908.000 -2.44%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Tipco Asphalt Public Company Limited Liabilities
Year Liabilities Growth
2002 3.381.660.633
2003 2.463.216.643 -37.29%
2004 3.147.310.912 21.74%
2005 3.639.849.149 13.53%
2006 4.371.090.744 16.73%
2007 3.892.069.003 -12.31%
2008 6.548.414.935 40.56%
2009 9.660.629.863 32.22%
2010 7.120.600.605 -35.67%
2011 11.077.572.471 35.72%
2012 13.627.062.241 18.71%
2013 14.382.582.014 5.25%
2014 9.020.101.478 -59.45%
2015 6.304.815.210 -43.07%
2016 7.237.544.907 12.89%
2017 6.583.458.402 -9.94%
2018 11.716.365.121 43.81%
2019 11.683.244.494 -0.28%
2020 6.313.818.457 -85.04%
2021 8.863.619.770 28.77%
2022 9.464.988.494 6.35%
2023 8.731.312.000 -8.4%

Tipco Asphalt Public Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
22.19
Net Income per Share
2.02
Price to Earning Ratio
8.13x
Price To Sales Ratio
0.75x
POCF Ratio
6.01
PFCF Ratio
6.68
Price to Book Ratio
1.56
EV to Sales
0.81
EV Over EBITDA
5.02
EV to Operating CashFlow
6.58
EV to FreeCashFlow
7.18
Earnings Yield
0.12
FreeCashFlow Yield
0.15
Market Cap
25,89 Bil.
Enterprise Value
27,83 Bil.
Graham Number
21.86
Graham NetNet
1.09

Income Statement Metrics

Net Income per Share
2.02
Income Quality
1.05
ROE
0.19
Return On Assets
0.1
Return On Capital Employed
0.17
Net Income per EBT
0.8
EBT Per Ebit
0.96
Ebit per Revenue
0.1
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.13
Operating Profit Margin
0.1
Pretax Profit Margin
0.09
Net Profit Margin
0.07

Dividends

Dividend Yield
0.08
Dividend Yield %
7.62
Payout Ratio
0.76
Dividend Per Share
1.25

Operating Metrics

Operating Cashflow per Share
2.73
Free CashFlow per Share
2.5
Capex to Operating CashFlow
-0.08
Capex to Revenue
-0.01
Capex to Depreciation
-0.3
Return on Invested Capital
0.17
Return on Tangible Assets
0.12
Days Sales Outstanding
70.27
Days Payables Outstanding
22.42
Days of Inventory on Hand
78.39
Receivables Turnover
5.19
Payables Turnover
16.28
Inventory Turnover
4.66
Capex per Share
-0.23

Balance Sheet

Cash per Share
1,51
Book Value per Share
10,53
Tangible Book Value per Share
10.68
Shareholders Equity per Share
10.53
Interest Debt per Share
2.86
Debt to Equity
0.26
Debt to Assets
0.17
Net Debt to EBITDA
0.35
Current Ratio
2.01
Tangible Asset Value
16,57 Bil.
Net Current Asset Value
7,06 Bil.
Invested Capital
0.26
Working Capital
7,95 Bil.
Intangibles to Total Assets
0.01
Average Receivables
7,09 Bil.
Average Payables
2,01 Bil.
Average Inventory
5615853000
Debt to Market Cap
0.17

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Tipco Asphalt Public Company Limited Dividends
Year Dividends Growth
2006 0
2007 0 0%
2008 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 100%
2021 2 0%
2022 1 0%
2023 1 0%

Tipco Asphalt Public Company Limited Profile

About Tipco Asphalt Public Company Limited

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 offers asphalt cement, polymer modified asphalt, cutback asphalt, asphalt emulsion, modified asphalt emulsion, and premium grade asphalt products; special products, including premixes, joint sealers, joint primers, and coating applications; and lubricant products, which include engine oil, transmission fluid, hydraulic coil, as well as naphtha, and gas and fuel oil products. It also engages in shipping management and agency, and marine transportation activities. The company owns, operates, and manages a fleet of eight asphalt tankers. Tipco Asphalt Public Company Limited was founded in 1979 and is headquartered in Bangkok, Thailand.

CEO
Mr. Chaiwat Srivalwat
Employee
0
Address
Tipco Tower 1
Bangkok, 10400

Tipco Asphalt Public Company Limited Executives & BODs

Tipco Asphalt Public Company Limited Executives & BODs
# Name Age
1 Mr. Christophe Bernard Voy
Deputy MD of Line of Trades & Foreign Operations and Chief Operating Officer of International Business
70
2 Mr. Thanapol Laosiripong
Company Secretary and Manager of Corporate Affairs & Planning
70
3 Mr. Jacques Louis Yves Marie Marechal
Deputy Chief Financial Officer of International Finance, Insurance & Legal
70
4 Ms. Udomporn Punpatch
Chief People Officer
70
5 Mr. Soranard Nantamontry
Chief Operating Officer of Thailand Business
70
6 Mr. Jacques Marcel Pastor
Executive Director
70
7 Ms. Orn-A-Nong Witchucharn
Chief Financial Officer
70
8 Mr. Chaiwat Srivalwat
Chief Executive Officer & Executive Director
70
9 Mr. Frederic Jacques Maurice Roussel
Executive Director
70
10 Mr. Thierry Alain Simon Defrene
Senior Executive Vice President of Logistics Management Division, Procurement & Foreign Trade
70

Tipco Asphalt Public Company Limited Competitors