Thai Group Holdings Public Co Ltd(TH:TGH)
฿11.00+0.90 (+10.00%)
TH:TGH
Thai Group Holdings Public Co Ltd financials statements
฿11.00
At close:+0.90 (+10.00%)
Thai Group Holdings Public Co Ltd (TGH) Ratios
Thai Group Holdings Public Co Ltd Ratios
TH:TGH's free cash flow for Q2 2026 was ฿469.80M. For the 2026 fiscal year, TH:TGH's free cash flow was decreased by ฿-1.07B and operating cash flow was ฿1.54B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.93 | 1.46 | 1.04 | 1.05 | 0.92 |
| Quick Ratio | 0.91 | 1.44 | 1.01 | 1.03 | 0.91 |
| Cash Ratio | 0.45 | 0.20 | 0.11 | 0.13 | 0.08 |
| Solvency Ratio | 0.04 | 0.03 | 0.03 | 0.04 | -0.02 |
| Operating Cash Flow Ratio | 0.60 | 0.24 | 0.05 | 0.04 | -0.14 |
| Short-Term Operating Cash Flow Coverage | 0.35 | 0.59 | 0.08 | 0.08 | -0.38 |
| Net Current Asset Value | ฿ -73.82B | ฿ -52.32B | ฿ -49.33B | ฿ -46.77B | ฿ -50.91B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.20 | 0.22 | 0.23 | 0.22 | 0.17 |
| Debt-to-Equity Ratio | 1.72 | 1.94 | 2.33 | 1.98 | 1.61 |
| Debt-to-Capital Ratio | 0.63 | 0.66 | 0.70 | 0.66 | 0.62 |
| Long-Term Debt-to-Capital Ratio | 0.28 | 0.54 | 0.32 | 0.27 | 0.26 |
| Financial Leverage Ratio | 8.69 | 8.73 | 9.99 | 8.98 | 9.17 |
| Debt Service Coverage Ratio | 0.26 | 0.42 | 0.17 | 0.28 | -0.09 |
| Interest Coverage Ratio | 1.76 | -1.06 | -1.79 | -0.49 | -28.20 |
| Debt to Market Cap | 2.10 | 1.97 | 1.56 | 1.15 | 0.82 |
| Interest Debt Per Share | 25.37 | 27.00 | 27.61 | 25.39 | 21.88 |
| Net Debt to EBITDA | 3.47 | 4.77 | 6.13 | 3.86 | -10.23 |
| Profitability Margins | |||||
| Gross Profit Margin | 25.58% | 14.61% | 12.17% | 4.81% | -30.64% |
| EBIT Margin | 16.32% | 9.16% | 5.46% | 12.08% | -12.96% |
| EBITDA Margin | 32.65% | 22.00% | 17.81% | 21.91% | -5.38% |
| Operating Profit Margin | 10.40% | -5.88% | -7.73% | -1.42% | -50.57% |
| Pretax Profit Margin | 10.40% | 3.63% | 1.14% | 9.18% | -14.75% |
| Net Profit Margin | 8.31% | 2.52% | 0.35% | 8.24% | -13.43% |
| Continuous Operations Profit Margin | 8.12% | 2.81% | 0.66% | 9.72% | -13.84% |
| Net Income Per EBT | 79.89% | 69.19% | 31.06% | 89.83% | 91.03% |
| EBT Per EBIT | 100.00% | -61.79% | -14.69% | -645.56% | 29.16% |
| Return on Assets (ROA) | 1.16% | 0.44% | 0.06% | 1.76% | -3.56% |
| Return on Equity (ROE) | 10.07% | 3.83% | 0.64% | 15.84% | -32.67% |
| Return on Capital Employed (ROCE) | 1.59% | -1.28% | -2.04% | -0.44% | -21.12% |
| Return on Invested Capital (ROIC) | 1.06% | -0.89% | -0.95% | -0.36% | -16.42% |
| Return on Tangible Assets | 1.16% | 0.45% | 0.07% | 1.80% | -3.63% |
| Earnings Yield | 12.39% | 4.03% | 0.45% | 9.77% | -17.41% |
| Efficiency Ratios | |||||
| Receivables Turnover | 3.23 | 2.99 | 3.35 | 4.44 | 4.53 |
| Payables Turnover | 46.18 | 24.90 | 16.01 | 9.85 | 16.18 |
| Inventory Turnover | 57.24 | 52.46 | 13.59 | 54.33 | 205.69 |
| Fixed Asset Turnover | 0.72 | 0.90 | 0.93 | 1.08 | 1.57 |
| Asset Turnover | 0.14 | 0.17 | 0.18 | 0.21 | 0.27 |
| Working Capital Turnover Ratio | 3.55 | 3.40 | 13.07 | -23.13 | 1.65 |
| Cash Conversion Cycle | 111.30 | 114.26 | 112.99 | 51.91 | 59.78 |
| Days of Sales Outstanding | 112.83 | 121.96 | 108.93 | 82.26 | 80.57 |
| Days of Inventory Outstanding | 6.38 | 6.96 | 26.86 | 6.72 | 1.77 |
| Days of Payables Outstanding | 7.90 | 14.66 | 22.80 | 37.07 | 22.56 |
| Operating Cycle | 119.21 | 128.92 | 135.79 | 88.98 | 82.34 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 6.58 | 5.49 | 1.67 | 1.50 | -6.00 |
| Free Cash Flow Per Share | 0.84 | 1.79 | -1.18 | -2.15 | -9.21 |
| Dividend Paid and CapEx Coverage Ratio | 1.15 | 1.48 | 0.59 | 0.41 | -1.58 |
| Capital Expenditure Coverage Ratio | 1.15 | 1.48 | 0.59 | 0.41 | -1.87 |
| Operating Cash Flow Coverage Ratio | 0.27 | 0.21 | 0.06 | 0.06 | -0.28 |
| Operating Cash Flow to Sales Ratio | 0.38 | 0.27 | 0.08 | 0.06 | -0.19 |
| Free Cash Flow Yield | 7.31% | 14.06% | -7.24% | -10.65% | -37.00% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 8.04 | 24.90 | 221.47 | 10.25 | -5.57 |
| Price-to-Sales (P/S) Ratio | 0.67 | 0.62 | 0.78 | 0.84 | 0.77 |
| Price-to-Book (P/B) Ratio | 0.81 | 0.95 | 1.42 | 1.62 | 1.88 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 13.69 | 7.11 | -13.81 | -9.39 | -2.70 |
| Price-to-Operating Cash Flow Ratio | 1.75 | 2.31 | 9.74 | 13.47 | -4.15 |
| Price-to-Earnings Growth (PEG) Ratio | 0.04 | 0.04 | -2.30 | -0.07 | 0.01 |
| Enterprise Value Multiple | 5.52 | 7.61 | 10.52 | 7.71 | -24.57 |
| Enterprise Value | 23.25B | 25.62B | 29.39B | 30.44B | 32.09B |
| EV to EBITDA | 5.52 | 7.61 | 10.52 | 7.71 | -24.57 |
| EV to Sales | 1.80 | 1.67 | 1.87 | 1.69 | 1.32 |
| EV to Free Cash Flow | 36.78 | 19.08 | -33.11 | -18.81 | -4.63 |
| EV to Operating Cash Flow | 4.70 | 6.21 | 23.36 | 26.98 | -7.11 |
| Tangible Book Value Per Share | 14.26 | 11.88 | 9.88 | 10.71 | 11.15 |
| Shareholders’ Equity Per Share | 14.16 | 13.36 | 11.45 | 12.47 | 13.27 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.22 | 0.23 | 0.42 | -0.06 | 0.06 |
| Revenue Per Share | 17.15 | 20.35 | 20.86 | 23.95 | 32.29 |
| Net Income Per Share | 1.43 | 0.51 | 0.07 | 1.97 | -4.34 |
| Tax Burden | 0.80 | 0.69 | 0.31 | 0.90 | 0.91 |
| Interest Burden | 0.64 | 0.40 | 0.21 | 0.76 | 1.14 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 4.72 | 10.72 | 22.74 | 0.64 | 1.34 |
Currency in THB
