Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thai Oil PCL's Enterprise Value is $4,936 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 ratio for today is 3.93.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Thai Oil PCL's Enterprise Value is $4,936 Mil.
Thai Oil PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,511 Mil. Therefore, Thai Oil PCL's EV-to-EBITDA ratio for today is 3.27.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Thai Oil PCL's Enterprise Value is $4,936 Mil.
Thai Oil PCL's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $12,554 Mil. Therefore, Thai Oil PCL's EV-to-Revenue ratio for today is 0.39.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Thai Oil PCL's Enterprise Value is $4,936 Mil.
Thai Oil PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,453 Mil. Therefore, Thai Oil PCL's EV-to-FCF ratio for today is 3.40.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Thai Oil PCL (OTCPK:TOIPF) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Thai Oil PCL's current Enterprise Value is $4,936 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.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Thai Oil PCL's current Enterprise Value is $4,936 Mil.
Thai Oil PCL's EBITDA 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 $1,511 Mil.
Thai Oil PCL's current Enterprise Value is $4,936 Mil.
Thai Oil PCL's Revenue 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 $12,554 Mil.
Thai Oil PCL's current Enterprise Value is $4,936 Mil.
Thai Oil PCL's Cash Flow from Operations 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 $1,904 Mil.
Thai Oil PCL's current Enterprise Value is $4,936 Mil.
Thai Oil PCL's Free Cash Flow 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 $1,453 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 Enterprise Value Related Terms
Thai Oil PCL Enterprise Value Historical Data
* Premium members only.
The historical data trend for Thai Oil PCL's Enterprise Value 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.
TOIPF vs VLO, MPC, PSX: Enterprise Value Comparison
For the Oil & Gas Refining & Marketing subindustry, Thai Oil PCL's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Thai Oil PCL's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Thai Oil PCL's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Thai Oil PCL's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (TOIPF) has a Enterprise Value of $4,936 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thai Oil PCL and its competitors.
Is Thai Oil PCL's Enterprise Value too high?
Thai Oil PCL's current Enterprise Value is $4,936 Mil. Overall, Thai Oil PCL has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Oil PCL's Enterprise Value compare to VLO and MPC?
Thai Oil PCL's Enterprise Value of $4,936 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thai Oil PCL and its competitors. Thai Oil PCL's current Enterprise Value is $4,936 Mil. 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 $1.85, compared to a current price of $1.25 — trading 32.4% below its estimated fair value. The current Enterprise Value is $4,936 Mil. Thai Oil PCL's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Thai Oil PCL (TOIPF), the current Enterprise Value is $4,936 Mil as of Jun. 24, 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 32.4% below its estimated GF Value™ of $1.85.
GuruFocus considers Thai Oil PCL to be Significantly Undervalued.
Key valuation signals for TOIPF:
Enterprise Value: $4,936 Mil
GF Value™: $1.85 vs. price of $1.25 (32.4% below fair value)
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 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.
76GF Score
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