Obermatt

Flags

Financial distress

TPI Polene

SET:TPIPL · TH0212A10Z07
Construction MaterialsLarge

360

4
Medium confidence — indicative
EV / EBIT29
Price / Owner Earnings86
Owner Earnings Yield1
Dividend Yield1
Price/Sales82
EV / Gross Profit10
Price/Book95
Return on Capital17
Cash Return on Capital15
Return on Equity28
EBIT Margin89
Gross Profitability8
Cash Conversion77
Accruals41
Owner Earnings Margin6
Sales growth57
Profit Growth29
Long-Term EPS Growth42
Reinvestment24
Price momentum43
Debt load13
Refinancing96
Debt Payback1
Liquidity31
Analyst ratings100
Expectations trend50
Market mood32
Value Creation8/20creating 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

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

Profile

CountryThailand
IndustryConstruction Materials
SizeLarge
TypePublic Company
ExchangeSET
Founded1994
Employees100
ISINTH0212A10Z07
Last UpdateApr 2, 2026
Themes
AgriTechDisposal and RecyclingEnergy StorageBio-based and Renewable MaterialsBuilding MaterialFuelManufacturing

Description

TPI Polene Public Company Limited manufactures and distributes cement products and mortar cement under the TPIPL brand name. Business Segments The company operates through Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and A…

Analysis

Middle-of-the-road

TPI Polene Public Company Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

Valuation data is not available for this company.

Growth is moderate; the safety picture is fragile. The company scores 8/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
29
2023202420252026

All-time high

70

Jan 2024

All-time low

15

Jan 2023

Average rank

38

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
82
73
73
59
Price/Earnings
93
88
86
53
Price/Book
95
90
92
88
Dividend Yield
1
95
88
75
Value (overall)
74
91
87
67

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

Similar Stocks

The companies this stock is ranked against.

Compare TPI Polene with its peers
Diamond Building Products
SET:DRT
75
CountryThailand
IndustryConstruction Materials
SizeSmall
Full Stock Analysis →
Siam City Cement
SET:SCCC
93
CountryThailand
IndustryConstruction Materials
SizeLarge
Full Stock Analysis →
Avia Avian
JKT:AVIA
91
CountryIndonesia
IndustryChemicals
SizeMedium
Full Stock Analysis →
AKR Corporindo
JKT:AKRA
99
CountryIndonesia
IndustryOil, Gas & Consumable Fuels
SizeLarge
Full Stock Analysis →
Barito Pacific
JKT:BRPT
6
CountryIndonesia
IndustryChemicals
SizeLarge
Full Stock Analysis →
Siam Cement
SET:SCC
17
CountryThailand
IndustryConstruction Materials
SizeLarge
Full Stock Analysis →

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 →