Obermatt

Thai Vegetable Oil

SET:TVO · TH0209010Z07
Food ProductsMedium

360

80
EV / EBIT72
Price / Owner Earnings50
Owner Earnings Yield83
Dividend Yield89
Price/Sales48
EV / Gross Profit23
Price/Book37
Return on Capital86
Cash Return on Capital90
Return on Equity84
EBIT Margin71
Gross Profitability32
Cash Conversion10
Accruals31
Owner Earnings Margin85
Sales growth54
Profit Growth48
Long-Term EPS Growth14
Owner Earnings Growth52
Reinvestment41
Price momentum78
Debt load100
Refinancing41
Debt Payback100
Liquidity99
Analyst ratings42
Opinion Changes50
Price Target Upside14
Market mood1
Value Creation16/20strong value creator
  • 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

Thai Vegetable Oil generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryThailand
IndustryFood Products
SizeMedium
TypePublic Company
ExchangeSET
Founded1994
Employees35
ISINTH0209010Z07
Last UpdateApr 2, 2026
Themes
Food and BeverageFood ProcessingService Industry

Description

Analysis

Middle-of-the-road

Thai Vegetable Oil Public Company Limited is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is attractive. You pay 9.6× 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 16/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
50
2023202420252026

All-time high

84

Jan 2025

All-time low

43

Jan 2024

Average rank

62

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
48
65
71
66
Price/Earnings
43
53
40
55
Price/Book
37
36
47
40
Dividend Yield
89
81
67
83
Value (overall)
42
61
57
61

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 →