TOIPF (Thai Oil PCL) EV-to-EBIT: 4.14 (As of Jul. 06, 2026) — 53% Below Median


TOIPF Thai Oil PCL TOIPF
72 GF Score
Price $1.25
GF Value $1.84
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Thai Oil PCL EV-to-EBIT?

Thai Oil PCL TOIPF 72 EV-to-EBIT is 4.14 as of Jul. 06, 2026, which is 53% below its 10-year median of 8.81. GuruFocus rates TOIPF with a GF Score™ of 72/100 and a GF Value™ of $1.84 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 689 Oil & Gas companies, Thai Oil PCL ranks better than 85.49% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thai Oil PCL's Enterprise Value is $5,200 Mil. Thai Oil PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,257 Mil. Therefore, Thai Oil PCL's EV-to-EBIT for today is 4.14.

The historical rank and industry rank for Thai Oil PCL's EV-to-EBIT or its related term are showing as below:

TOIPF' s EV-to-EBIT Range Over the Past 10 Years
Min: -29.04   Med: 8.81   Max: 227.69
Current: 4.33

During the past 13 years, the highest EV-to-EBIT of Thai Oil PCL was 227.69. The lowest was -29.04. And the median was 8.81.

TOIPF's EV-to-EBIT is ranked better than
85.49% of 689 companies
in the Oil & Gas industry
Industry Median: 11.49 vs TOIPF: 4.33

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Thai Oil PCL's Enterprise Value for the quarter that ended in Mar. 2026 was $6,878 Mil. Thai Oil PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,257 Mil. Thai Oil PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.28%.


Thai Oil PCL  (OTCPK:TOIPF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Thai Oil PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=1257.004/6877.6042
=18.28 %

Thai Oil PCL's Enterprise Value for the quarter that ended in Mar. 2026 was $6,878 Mil.
Thai Oil PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,257 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Thai Oil PCL EV-to-EBIT Related Terms


Thai Oil PCL EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Thai Oil PCL's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thai Oil PCL EV-to-EBIT Chart

Thai Oil PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.61 6.18 9.62 12.29 8.22

Thai Oil PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.94 12.48 8.83 8.22 4.25

TOIPF vs VLO, MPC, PSX: EV-to-EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Thai Oil PCL's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thai Oil PCL EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Thai Oil PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thai Oil PCL's EV-to-EBIT falls into.


TOIPF
72GF Score
Thai Oil PCL TOIPF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Oil PCL EV-to-EBIT Calculation

Thai Oil PCL's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5199.783/1257.004
=4.14

Thai Oil PCL's current Enterprise Value is $5,200 Mil.
Thai Oil PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,257 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 4.14 mean?
Thai Oil PCL (TOIPF) has a EV-to-EBIT of 4.14 as of Jul. 06, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thai Oil PCL and its competitors. This is 53% below median its historical median of 8.81. According to the industry distribution chart, Thai Oil PCL ranks #100 out of 689 companies in the Oil & Gas industry, placing it in the top 14.5%.
Is Thai Oil PCL's EV-to-EBIT too high?
Thai Oil PCL's current EV-to-EBIT of 4.14 is 53% below median its 10-year median of 8.81. The Oil & Gas industry median EV-to-EBIT is 11.49. Thai Oil PCL's value of 4.14 is 64% below this industry median. Based on the distribution chart, Thai Oil PCL ranks #100 out of 689 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Oil PCL has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Oil PCL's EV-to-EBIT compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Thai Oil PCL ranks #100 out of 689 companies for EV-to-EBIT. This places Thai Oil PCL in the top 15% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 11.49. Thai Oil PCL's value of 4.14 is 64% below this benchmark. While the company's 10-year median is 8.81 vs. the industry median of 11.49, Thai Oil PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.49, based on 689 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Oil PCL's current EV-to-EBIT of 4.14 is 64% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thai Oil PCL and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Oil PCL's current EV-to-EBIT is 4.14, which is 53% below median its own 10-year median of 8.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Oil PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Oil PCL (TOIPF) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.84, compared to a current price of $1.25 — trading 32.1% below its estimated fair value. The current EV-to-EBIT is 4.14, which is 53% below median its 10-year median of 8.81 and 64% below the Oil & Gas industry median of 11.49. Thai Oil PCL's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Thai Oil PCL (TOIPF), the current EV-to-EBIT is 4.14 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thai Oil PCL (TOIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Oil PCL stock appears to be undervalued. The current stock price of $1.25 is trading 32.1% below its estimated GF Value™ of $1.84. GuruFocus considers Thai Oil PCL to be Significantly Undervalued.

Key valuation signals for TOIPF:

  • EV-to-EBIT: 4.14 (53% below median its 10-year median of 8.81)
  • GF Value™: $1.84 vs. price of $1.25 (32.1% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 64% below the Oil & Gas median (#100 of 689)

No single metric tells the full story. See the TOIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Oil PCL Business Description

Industry EnergyOil & Gas
Address Vibhavadi Rangsit Road, 555/1 Energy Complex, 11th Floor, Building A, Chatuchak Subdistrict, Chatuchak District, Bangkok, THA, 10900
Thai Oil PCL operates an integrated business in oil refining and petrochemicals business. The company is engaged in oil refinery and distribution, petrochemicals, lube base oil and other businesses in domestic and overseas. It operates in the following reportable segments: Oil refinery, Lube base oil refinery, Aromatics and LAB, Solvent, Power generation, Ethanol, Olefins, and Others. The majority of the company's revenue is derived from the Oil refinery segment. Geographically, it generates the maximum revenue from Thailand, followed by Indonesia and other countries.
72GF Score

Get the complete analysis for TOIPF

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.25
Price
$1.84
GF Value