TQM Alpha Public Company Limited(TH:TQM)
฿14.50+0.20 (+1.40%)
TH:TQM
TQM Alpha Public Company Limited financials statements
฿14.50
At close:+0.20 (+1.40%)
TQM Alpha Public Company Limited (TQM) Ratios
TQM Alpha Public Company Limited Ratios
TH:TQM's free cash flow for Q2 2026 was ฿257.30M. For the 2026 fiscal year, TH:TQM's free cash flow was decreased by ฿-4.71M and operating cash flow was ฿262.01M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.55 | 2.22 | 2.45 | 2.22 | 2.73 |
| Quick Ratio | 0.55 | 2.22 | 2.45 | 2.21 | 3.06 |
| Cash Ratio | 0.55 | 0.61 | 0.66 | 0.66 | 1.10 |
| Solvency Ratio | 0.36 | 0.46 | 0.48 | 0.60 | 0.75 |
| Operating Cash Flow Ratio | 0.31 | 0.28 | 0.58 | 0.38 | 1.20 |
| Short-Term Operating Cash Flow Coverage | 0.53 | 0.48 | 1.20 | 1.05 | 0.00 |
| Net Current Asset Value | ฿ -1.55B | ฿ 1.43B | ฿ 1.10B | ฿ 715.71M | ฿ 562.79M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.27 | 0.24 | 0.24 | 0.17 | 0.12 |
| Debt-to-Equity Ratio | 0.57 | 0.48 | 0.48 | 0.32 | 0.19 |
| Debt-to-Capital Ratio | 0.36 | 0.32 | 0.32 | 0.24 | 0.16 |
| Long-Term Debt-to-Capital Ratio | 0.03 | 0.00 | 0.06 | 0.00 | 0.00 |
| Financial Leverage Ratio | 2.11 | 1.98 | 2.01 | 1.91 | 1.66 |
| Debt Service Coverage Ratio | 0.83 | 1.12 | 1.66 | 2.78 | 477.97 |
| Interest Coverage Ratio | 19.93 | 18.48 | 43.83 | -632.14 | -489.06 |
| Debt to Market Cap | 0.19 | 0.06 | 0.05 | 0.02 | 0.00 |
| Interest Debt Per Share | 2.86 | 2.41 | 2.21 | 1.36 | 0.86 |
| Net Debt to EBITDA | 0.43 | 0.27 | 0.31 | 0.06 | -0.21 |
| Profitability Margins | |||||
| Gross Profit Margin | 100.00% | 51.29% | 53.50% | 53.32% | 54.58% |
| EBIT Margin | 26.26% | 28.75% | 29.72% | 30.72% | 34.55% |
| EBITDA Margin | 31.85% | 34.40% | 35.90% | 37.06% | 39.57% |
| Operating Profit Margin | 24.45% | 28.46% | 29.59% | -30.05% | -33.84% |
| Pretax Profit Margin | 25.03% | 27.21% | 29.05% | 30.67% | 34.48% |
| Net Profit Margin | 18.88% | 20.49% | 21.87% | 22.34% | 25.19% |
| Continuous Operations Profit Margin | 20.09% | 21.78% | 23.03% | 24.44% | 27.98% |
| Net Income Per EBT | 75.42% | 75.29% | 75.30% | 72.82% | 73.04% |
| EBT Per EBIT | 102.40% | 95.59% | 98.15% | -102.08% | -101.91% |
| Return on Assets (ROA) | 12.02% | 14.22% | 14.95% | 16.51% | 20.07% |
| Return on Equity (ROE) | 25.34% | 28.13% | 30.07% | 31.49% | 33.27% |
| Return on Capital Employed (ROCE) | 23.41% | 27.86% | 26.82% | -28.70% | -32.27% |
| Return on Invested Capital (ROIC) | 14.24% | 17.72% | 18.07% | -20.21% | -25.48% |
| Return on Tangible Assets | 13.09% | 15.78% | 16.92% | 19.28% | 24.19% |
| Earnings Yield | 10.68% | 5.30% | 4.57% | 3.46% | 3.06% |
| Efficiency Ratios | |||||
| Receivables Turnover | 1.52 | 3.91 | 3.93 | 2.85 | 4.88 |
| Payables Turnover | 53.01 | 119.73 | 74.44 | 58.84 | 105.76 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 335.02 | -6.72 |
| Fixed Asset Turnover | 9.41 | 8.08 | 6.41 | 7.38 | 6.28 |
| Asset Turnover | 0.64 | 0.69 | 0.68 | 0.74 | 0.80 |
| Working Capital Turnover Ratio | 7.13 | 2.00 | 2.27 | 2.78 | 2.54 |
| Cash Conversion Cycle | 233.71 | 90.28 | 88.04 | 122.96 | 16.94 |
| Days of Sales Outstanding | 240.60 | 93.33 | 92.94 | 128.07 | 74.74 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 1.09 | -54.35 |
| Days of Payables Outstanding | 6.89 | 3.05 | 4.90 | 6.20 | 3.45 |
| Operating Cycle | 240.60 | 93.33 | 92.94 | 129.16 | 20.40 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.07 | 0.77 | 1.29 | 0.70 | 1.46 |
| Free Cash Flow Per Share | 1.03 | 0.71 | 1.14 | 0.60 | 1.42 |
| Dividend Paid and CapEx Coverage Ratio | 0.92 | 0.68 | 0.99 | 0.48 | 1.03 |
| Capital Expenditure Coverage Ratio | 26.30 | 12.83 | 8.53 | 6.93 | 31.24 |
| Operating Cash Flow Coverage Ratio | 0.39 | 0.33 | 0.60 | 0.51 | 1.71 |
| Operating Cash Flow to Sales Ratio | 0.16 | 0.12 | 0.21 | 0.12 | 0.25 |
| Free Cash Flow Yield | 8.96% | 2.79% | 3.85% | 1.53% | 2.92% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 9.35 | 18.89 | 21.88 | 28.89 | 32.77 |
| Price-to-Sales (P/S) Ratio | 1.77 | 3.87 | 4.78 | 6.46 | 8.23 |
| Price-to-Book (P/B) Ratio | 2.37 | 5.31 | 6.58 | 9.10 | 10.87 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 11.16 | 35.87 | 26.00 | 65.38 | 34.24 |
| Price-to-Operating Cash Flow Ratio | 10.73 | 33.07 | 23.01 | 55.95 | 33.15 |
| Price-to-Earnings Growth (PEG) Ratio | -1.05 | -25.69 | 29.53 | -3.29 | 1.24 |
| Enterprise Value Multiple | 5.98 | 11.51 | 13.63 | 17.49 | 20.59 |
| Enterprise Value | 7.43B | 15.67B | 18.27B | 23.49B | 28.81B |
| EV to EBITDA | 5.98 | 11.51 | 13.63 | 17.49 | 20.59 |
| EV to Sales | 1.90 | 3.96 | 4.89 | 6.48 | 8.15 |
| EV to Free Cash Flow | 12.02 | 36.74 | 26.61 | 65.62 | 33.90 |
| EV to Operating Cash Flow | 11.56 | 33.87 | 23.55 | 56.16 | 32.82 |
| Tangible Book Value Per Share | 4.92 | 4.82 | 4.40 | 4.09 | 3.76 |
| Shareholders’ Equity Per Share | 4.85 | 4.80 | 4.52 | 4.28 | 4.46 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.20 | 0.20 | 0.21 | 0.20 | 0.19 |
| Revenue Per Share | 6.51 | 6.60 | 6.22 | 6.04 | 5.89 |
| Net Income Per Share | 1.23 | 1.35 | 1.36 | 1.35 | 1.48 |
| Tax Burden | 0.75 | 0.75 | 0.75 | 0.73 | 0.73 |
| Interest Burden | 0.95 | 0.95 | 0.98 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.24 | 0.24 | 0.25 | 0.25 | 0.24 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 0.87 | 0.54 | 0.95 | 0.47 | 0.98 |
Currency in THB
