TOA Paint (Thailand) Public Company Limited(TH:TOA)
฿15.60-0.30 (-1.89%)
TH:TOA
TOA Paint (Thailand) Public Company Limited financials statements
฿15.60
At close:-0.30 (-1.89%)
TOA Paint (Thailand) Public Company Limited (TOA) Ratios
TOA Paint (Thailand) Public Company Limited Ratios
TH:TOA's free cash flow for Q2 2026 was ฿799.86M. For the 2026 fiscal year, TH:TOA's free cash flow was decreased by ฿-108.28M and operating cash flow was ฿908.14M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 3.03 | 2.87 | 3.00 | 3.04 | 3.00 |
| Quick Ratio | 2.45 | 2.22 | 2.43 | 2.30 | 2.43 |
| Cash Ratio | 0.76 | 0.71 | 0.69 | 0.50 | 0.66 |
| Solvency Ratio | 0.58 | 0.42 | 0.51 | 0.36 | 0.43 |
| Operating Cash Flow Ratio | 0.81 | 0.58 | 0.77 | 0.31 | 0.55 |
| Short-Term Operating Cash Flow Coverage | 20.91 | 15.09 | 25.13 | 12.60 | 8.52 |
| Net Current Asset Value | ฿ 8.81B | ฿ 7.73B | ฿ 8.34B | ฿ 7.68B | ฿ 7.71B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.05 | 0.06 | 0.07 | 0.06 | 0.08 |
| Debt-to-Equity Ratio | 0.08 | 0.09 | 0.10 | 0.10 | 0.12 |
| Debt-to-Capital Ratio | 0.07 | 0.09 | 0.09 | 0.09 | 0.11 |
| Long-Term Debt-to-Capital Ratio | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Financial Leverage Ratio | 1.48 | 1.52 | 1.51 | 1.51 | 1.51 |
| Debt Service Coverage Ratio | 16.35 | 11.44 | 17.54 | 14.59 | 7.77 |
| Interest Coverage Ratio | 88.28 | 48.39 | 80.46 | 56.77 | 67.40 |
| Debt to Market Cap | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Interest Debt Per Share | 0.62 | 0.66 | 0.74 | 0.63 | 0.74 |
| Net Debt to EBITDA | -0.58 | -0.65 | -0.48 | -0.37 | -0.50 |
| Profitability Margins | |||||
| Gross Profit Margin | 37.75% | 34.55% | 33.88% | 29.08% | 32.71% |
| EBIT Margin | 17.63% | 12.65% | 15.16% | 9.32% | 14.17% |
| EBITDA Margin | 21.07% | 16.27% | 18.41% | 12.57% | 17.67% |
| Operating Profit Margin | 17.63% | 12.65% | 15.16% | 10.50% | 13.35% |
| Pretax Profit Margin | 16.88% | 12.39% | 14.98% | 9.14% | 13.97% |
| Net Profit Margin | 13.51% | 9.08% | 11.55% | 6.86% | 11.13% |
| Continuous Operations Profit Margin | 13.65% | 9.34% | 11.86% | 6.94% | 10.96% |
| Net Income Per EBT | 80.05% | 73.30% | 77.14% | 75.09% | 79.66% |
| EBT Per EBIT | 95.72% | 97.93% | 98.76% | 87.06% | 104.60% |
| Return on Assets (ROA) | 13.55% | 9.25% | 12.07% | 7.33% | 10.57% |
| Return on Equity (ROE) | 20.12% | 14.05% | 18.26% | 11.08% | 15.91% |
| Return on Capital Employed (ROCE) | 23.04% | 16.89% | 20.63% | 14.56% | 16.87% |
| Return on Invested Capital (ROIC) | 18.19% | 12.45% | 15.99% | 10.87% | 12.83% |
| Return on Tangible Assets | 13.82% | 9.47% | 12.41% | 7.57% | 10.75% |
| Earnings Yield | 11.02% | 6.37% | 5.58% | 2.07% | 3.01% |
| Efficiency Ratios | |||||
| Receivables Turnover | 6.76 | 6.69 | 5.94 | 5.82 | 5.59 |
| Payables Turnover | 5.07 | 4.97 | 5.12 | 5.53 | 4.18 |
| Inventory Turnover | 4.63 | 4.36 | 5.21 | 4.45 | 4.51 |
| Fixed Asset Turnover | 4.11 | 4.01 | 4.17 | 4.39 | 4.34 |
| Asset Turnover | 1.00 | 1.02 | 1.05 | 1.07 | 0.95 |
| Working Capital Turnover Ratio | 2.23 | 2.22 | 2.35 | 2.26 | 2.01 |
| Cash Conversion Cycle | 60.76 | 64.84 | 60.28 | 78.78 | 58.80 |
| Days of Sales Outstanding | 54.02 | 54.60 | 61.44 | 62.77 | 65.24 |
| Days of Inventory Outstanding | 78.80 | 83.67 | 70.10 | 82.06 | 80.86 |
| Days of Payables Outstanding | 72.05 | 73.42 | 71.27 | 66.05 | 87.30 |
| Operating Cycle | 132.81 | 138.26 | 131.54 | 144.83 | 146.11 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.07 | 1.42 | 1.88 | 0.68 | 1.25 |
| Free Cash Flow Per Share | 1.71 | 1.09 | 1.34 | 0.40 | 1.06 |
| Dividend Paid and CapEx Coverage Ratio | 2.28 | 1.48 | 1.68 | 0.94 | 1.63 |
| Capital Expenditure Coverage Ratio | 5.74 | 4.23 | 3.47 | 2.44 | 6.51 |
| Operating Cash Flow Coverage Ratio | 3.47 | 2.24 | 2.63 | 1.11 | 1.72 |
| Operating Cash Flow to Sales Ratio | 0.19 | 0.13 | 0.17 | 0.07 | 0.14 |
| Free Cash Flow Yield | 12.56% | 7.23% | 5.90% | 1.18% | 3.30% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 9.07 | 15.63 | 17.87 | 48.21 | 33.33 |
| Price-to-Sales (P/S) Ratio | 1.23 | 1.42 | 2.07 | 3.32 | 3.70 |
| Price-to-Book (P/B) Ratio | 1.83 | 2.20 | 3.27 | 5.35 | 5.28 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 7.96 | 13.82 | 16.95 | 84.81 | 30.32 |
| Price-to-Operating Cash Flow Ratio | 6.58 | 10.55 | 12.07 | 49.99 | 25.67 |
| Price-to-Earnings Growth (PEG) Ratio | 0.16 | -0.64 | 0.22 | -1.78 | -8.33 |
| Enterprise Value Multiple | 5.24 | 8.11 | 10.78 | 26.01 | 20.42 |
| Enterprise Value | 23.86B | 27.89B | 44.11B | 67.51B | 63.39B |
| EV to EBITDA | 5.24 | 8.11 | 10.78 | 26.01 | 20.42 |
| EV to Sales | 1.11 | 1.32 | 1.98 | 3.27 | 3.61 |
| EV to Free Cash Flow | 7.18 | 12.80 | 16.23 | 83.61 | 29.61 |
| EV to Operating Cash Flow | 5.93 | 9.77 | 11.56 | 49.28 | 25.06 |
| Tangible Book Value Per Share | 7.59 | 6.92 | 7.02 | 6.34 | 5.99 |
| Shareholders’ Equity Per Share | 7.45 | 6.80 | 6.93 | 6.31 | 6.06 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.19 | 0.25 | 0.21 | 0.24 | 0.22 |
| Revenue Per Share | 11.09 | 10.53 | 10.96 | 10.18 | 8.66 |
| Net Income Per Share | 1.50 | 0.96 | 1.27 | 0.70 | 0.96 |
| Tax Burden | 0.80 | 0.73 | 0.77 | 0.75 | 0.80 |
| Interest Burden | 0.96 | 0.98 | 0.99 | 0.98 | 0.99 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.21 | 0.21 | 0.20 | 0.19 | 0.20 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.38 | 1.09 | 1.49 | 0.73 | 1.03 |
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