Obermatt

Pinthong Industrial Park

SET:PIN · THA552010003
Real Estate Management & DevelopmentSmall

360

94
EV / EBIT67
Price / Owner Earnings52
Owner Earnings Yield83
Dividend Yield100
Price/Sales47
EV / Gross Profit51
Price/Book65
Return on Capital93
Cash Return on Capital90
Return on Equity93
EBIT Margin98
Gross Profitability91
Cash Conversion41
Accruals50
Owner Earnings Margin92
Sales growth100
Profit Growth48
Long-Term EPS Growth23
Owner Earnings Growth28
Reinvestment100
Price momentum31
Debt load25
Refinancing92
Debt Payback61
Liquidity87
Analyst ratings100
Opinion Changes50
Price Target Upside49
Market mood1
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

Pinthong 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
IndustryReal Estate Management & Development
SizeSmall
TypePublic Company
ExchangeSET
Founded2016
ISINTHA552010003
Last UpdateApr 2, 2026
Themes
Clean EnergyCleanTechReal Estate TechnologyUtility Scale Solar

Description

Pinthong Industrial Park Public Company Limited engages in the development of real estate projects, primarily focuses on industrial estates, utility services, and renewable energy provisions. The company operates several subsidiaries, each contributi…

Analysis

Quality compounder

Pinthong Industrial Park Public Company Limited earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is attractive. The owner-earnings multiple stands at 6.6×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is sturdy. The company scores 10/20 on our value-creation score: creating some value.

Flags to be aware of: 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
100
2026

All-time high

100

Jun 2026

All-time low

97

Mar 2026

Average rank

99

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
47
Price/Earnings
94
Price/Book
65
Dividend Yield
100
Value (overall)
100

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 →