Obermatt

Rojana Industrial Park

SET:ROJNA · TH0477010Y01
Electric UtilitiesMedium

360

95
EV / EBIT77
Price / Owner Earnings47
Owner Earnings Yield100
Dividend Yield68
Price/Sales80
EV / Gross Profit78
Price/Book95
Return on Capital20
Cash Return on Capital98
Return on Equity58
EBIT Margin43
Gross Profitability15
Cash Conversion14
Accruals55
Owner Earnings Margin92
Sales growth18
Profit Growth13
Long-Term EPS Growth23
Owner Earnings Growth73
Reinvestment78
Price momentum76
Debt load62
Refinancing94
Debt Payback92
Liquidity41
Analyst ratings24
Opinion Changes50
Price Target Upside82
Market mood28
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Rojana Industrial Park clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryThailand
IndustryElectric Utilities
SizeMedium
TypePublic Company
ExchangeSET
Founded1994
Employees5
Websiterojana.com
ISINTH0477010Y01
Last UpdateApr 2, 2026
Themes
Clean EnergyCleanTechUtility Scale SolarWater PurificationSmart Water Networks (SWN)Electrical DistributionReal EstateWaste Management

Description

Rojana Industrial Park Public Company Limited, together with its subsidiaries, engages in the manufacture and sale of electricity from solar cell system in Thailand. The company operates through Real Estate Development and Related Service, Electricit…

Analysis

Bargain bin

Rojana Industrial Park Public Company Limited falls in the bargain bin: the price is low relative to peers, but the business metrics give reason to pause.

The price is attractive. You pay 2.9× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone.

The trajectory is moderate and the balance sheet is sturdy. The company scores 10/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
74
2026

All-time high

85

Mar 2026

All-time low

74

Jun 2026

Average rank

80

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
80
Price/Earnings
88
Price/Book
95
Dividend Yield
68
Value (overall)
98

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →