Thoresen Thai Agencies
SET:TTA · TH0535010Z05
Industrial ConglomeratesMedium
EV / EBIT67
Price / Owner Earnings34
Owner Earnings Yield72
Dividend Yield91
Price/Sales85
EV / Gross Profit71
Price/Book95
Return on Capital14
Cash Return on Capital43
Return on Equity20
EBIT Margin15
Gross Profitability26
Cash Conversion88
Accruals95
Owner Earnings Margin43
Profit Growth16
Long-Term EPS Growth10
Refinancing68
Debt Payback58
Opinion Changes50
Price Target Upside11
Value Creation8/20·creating 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
Thoresen Thai Agencies clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.
Profile
CountryThailand
IndustryIndustrial Conglomerates
SizeMedium
TypePublic Company
ExchangeSET
Founded1994
Employees94
ISINTH0535010Z05
Last UpdateApr 2, 2026
ThemesEnergyInfrastructureTransportation
Analysis
Middle-of-the-road
Thoresen Thai Agencies Public Company Limited is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.
The price is attractive. You pay 12.3× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone.
The trajectory is tepid and the balance sheet is sturdy. The company scores 8/20 on our value-creation score: creating some value.
What to watch: Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
20232026
Average rank
82
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
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