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Indorama Ventures (INDOY) Stock Price & Analysis
INDOY Stock Chart & Stats
- Day’s Range
- $7.57 - $7.57
- 52-Week Range
- $4.66 - $9.01
- Previous Close
- $7.55
- Volume
- N/A
- Average Volume (3M)
- 0
- Market Cap
- $4.24B
- Enterprise Value
- $11.36B
- Total Cash (Recent Filing)
- $39.04B
- Total Debt (Recent Filing)
- $280.59B
- Price to Earnings (P/E)
- ―
- Beta
- 0.27
- Next Earnings
- Nov 17, 2026 (Est.)
- EPS Estimate
- N/A
- Last Dividend Ex-Date
- Aug 28, 2026
- Dividend Yield
- 3.23%
Bulls Say, Bears Say
Bulls Say
Integrated Global Polyester Value Chain
Vertical integration across intermediates, polymers, fibers and packaging allows Indorama Ventures to capture value at multiple production stages. Its global manufacturing footprint and customer base can support regional servicing, reduce logistics constraints, and help balance weakness across end markets.
Improving Operating Performance
Improving revenue and operating margins indicate that the business is recovering beyond simple cost control, with EBIT returning to positive territory and EBITDA expanding. If sustained, this operating progress can strengthen earnings capacity across its diversified polyester and petrochemical activities.
Strong Free Cash Flow Momentum
A 47% increase in free cash flow provides a constructive foundation for funding operations and supporting financial obligations. Although cash generation remains modest relative to debt, stronger internal cash production improves resilience and could support gradual balance-sheet repair if operating conditions hold.
Bears Say
Persistent Net Losses
Recurring net losses show that the improvement in operating profitability has not yet translated into sustainable bottom-line earnings. This weakens retained capital generation, limits financial flexibility, and leaves the company more exposed to adverse changes in petrochemical and polyester market conditions.
Elevated And Rising Leverage
Debt of roughly 2.4 times equity creates a meaningful fixed financial burden for a cyclical chemicals producer, particularly while returns on equity remain negative. Higher leverage can constrain investment and capital allocation, while reducing the company's ability to absorb prolonged industry weakness.
Limited Cash Coverage Of Debt
Even with stronger free cash flow, the pack indicates that cash generation remains modest compared with outstanding debt. This limits the pace at which Indorama Ventures can reduce leverage internally and increases sensitivity to weaker demand, margins, or cash conversion across its businesses.
Indorama Ventures News
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Indorama Ventures Stock Smart Score
Company Description
Indorama Ventures
Indorama Ventures Public Company Limited functions as a global manufacturer and distributor of a wide array of chemical and fiber products. Its extensive product range includes polyethylene terephthalate (PET), purified terephthalic acid (PTA), paraxylene, purified isophthalic acid, and naphthalene dicarboxylate (NDC). The company also develops integrated purified ethylene oxide and ethylene glycol, alongside various fibers such as polyester, rayon, nylon, polypropylene, composites, and worsted wool. Operations are organized into five primary segments: Integrated PET, Specialty Chemicals, Packaging, Integrated Oxides and Derivatives, and Fibers. The company provides a comprehensive selection of PET resins, encompassing specialized grades like hot-fill, high and low intrinsic viscosity, quick heat, and general-purpose types. These resins are instrumental in producing containers for beverages, food, pharmaceuticals, and household goods, as well as industrial packaging. Additionally, it manufactures clear and colored preforms, bottles, and closures. Within its chemical portfolio, Indorama Ventures offers ethylene glycol, a crucial raw material for polyester fibers, antifreeze, liquid coolants, and solvents. Monoethylene glycol (MEG) is supplied as a feedstock for PET and polyester fiber production. Diethylene glycol (DEG) plays a key role in the creation of polyester polyols, unsaturated polyester resins, buffet heaters, paints, coatings, plasticizers, liquid laundry detergents, and for cement grinding processes. Triethylene glycol (TEG) is specifically used for natural gas dehydration. The company further supplies surfactants, linear alkylbenzene (LAB), and ethanolamines, which are vital components in detergents, homecare items, soaps, toothpastes, shampoos, hair conditioners, and various foaming products. Regarding fibers, Indorama Ventures delivers polyester fibers and yarns suitable for diverse applications, including apparel, home textiles, automotive parts, and non-woven materials. Its fiber offerings also extend to bicomponent fibers, worsted wool yarns for garments like suits and sweaters, and specialized tire cord yarns for airbags and tire reinforcement. The company maintains a significant international footprint, conducting operations across Thailand, North America, Europe, and other global markets. Founded in 2003, Indorama Ventures Public Company Limited is headquartered in Bangkok, Thailand, and operates as a subsidiary of Indorama Resources Limited.
- Sector
- Basicmaterials
- Industry
- Chemicals
- CEO
- Aloke Lohia
- Employees
- 22,027
- Website
- www.indoramaventures.com
- Address
- 75/102, Ocean Tower 2, Bangkok, BM, 10110, TH
Indorama Ventures (INDOY) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 9 | 1 | 12 |
| Technical Analysis | 6 | 1 | 3 |
| Moving Averages | 3 | 0 | 9 |







