Varopakorn Public Co., Ltd.(TH:VARO)
฿5.25-0.05 (-0.94%)
TH:VARO
Varopakorn Public Co., Ltd. financials statements
฿5.25
At close:-0.05 (-0.94%)
Varopakorn Public Co., Ltd. (VARO) Ratios
Varopakorn Public Co., Ltd. Ratios
TH:VARO's free cash flow for Q2 2026 was ฿324.95M. For the 2026 fiscal year, TH:VARO's free cash flow was decreased by ฿-24.71M and operating cash flow was ฿349.66M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.27 | 1.14 | 1.05 | 1.11 | 1.10 |
| Quick Ratio | 0.63 | 0.57 | 0.45 | 0.48 | 0.36 |
| Cash Ratio | 0.03 | 0.05 | 0.00 | 0.03 | 0.01 |
| Solvency Ratio | 0.14 | 0.14 | 0.00 | 0.03 | 0.05 |
| Operating Cash Flow Ratio | 0.25 | 0.01 | 0.05 | 0.30 | -0.34 |
| Short-Term Operating Cash Flow Coverage | 0.34 | 0.01 | 0.07 | 0.40 | -0.51 |
| Net Current Asset Value | ฿ 224.13M | ฿ 124.49M | ฿ -64.42M | ฿ -19.60M | ฿ 30.18M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.37 | 0.44 | 0.48 | 0.46 | 0.50 |
| Debt-to-Equity Ratio | 0.81 | 1.23 | 1.31 | 1.23 | 1.82 |
| Debt-to-Capital Ratio | 0.45 | 0.55 | 0.57 | 0.55 | 0.64 |
| Long-Term Debt-to-Capital Ratio | 0.01 | 0.04 | 0.07 | 0.09 | 0.13 |
| Financial Leverage Ratio | 2.18 | 2.78 | 2.72 | 2.66 | 3.64 |
| Debt Service Coverage Ratio | 0.22 | 0.25 | 0.05 | 0.07 | 0.09 |
| Interest Coverage Ratio | 2.21 | 3.39 | -1.06 | 0.22 | 2.38 |
| Debt to Market Cap | 1.76 | 2.42 | 2.51 | 1.59 | 2.09 |
| Interest Debt Per Share | 8.54 | 11.64 | 10.66 | 11.24 | 14.34 |
| Net Debt to EBITDA | 4.20 | 3.68 | 19.29 | 13.99 | 11.83 |
| Profitability Margins | |||||
| Gross Profit Margin | 6.75% | 8.19% | 1.40% | 2.57% | 4.55% |
| EBIT Margin | 3.43% | 6.21% | -2.25% | -0.60% | 0.75% |
| EBITDA Margin | 6.68% | 9.44% | 2.09% | 1.98% | 4.62% |
| Operating Profit Margin | 3.43% | 6.21% | -2.25% | 0.23% | 1.53% |
| Pretax Profit Margin | 2.43% | 4.38% | -4.36% | -1.62% | 0.11% |
| Net Profit Margin | 2.50% | 4.37% | -4.32% | -1.57% | 0.15% |
| Continuous Operations Profit Margin | 2.50% | 4.37% | -4.32% | -1.57% | 0.15% |
| Net Income Per EBT | 102.63% | 99.87% | 99.06% | 96.84% | 136.16% |
| EBT Per EBIT | 70.95% | 70.53% | 194.33% | -715.04% | 7.23% |
| Return on Assets (ROA) | 3.17% | 5.20% | -5.17% | -2.52% | 0.14% |
| Return on Equity (ROE) | 6.92% | 14.46% | -14.06% | -6.69% | 0.50% |
| Return on Capital Employed (ROCE) | 8.85% | 18.66% | -6.27% | 0.82% | 4.21% |
| Return on Invested Capital (ROIC) | 5.09% | 8.97% | -3.02% | 0.40% | 1.76% |
| Return on Tangible Assets | 3.18% | 5.21% | -5.17% | -2.52% | 0.14% |
| Earnings Yield | 15.11% | 28.51% | -27.02% | -8.65% | 0.57% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.16 | 3.82 | 4.72 | 6.73 | 3.93 |
| Payables Turnover | 10.73 | 8.82 | 14.54 | 16.61 | 5.73 |
| Inventory Turnover | 3.68 | 3.17 | 3.42 | 4.46 | 1.76 |
| Fixed Asset Turnover | 3.63 | 3.84 | 3.01 | 4.19 | 3.45 |
| Asset Turnover | 1.27 | 1.19 | 1.20 | 1.61 | 0.91 |
| Working Capital Turnover Ratio | 10.84 | 21.43 | 24.78 | 23.28 | 15.29 |
| Cash Conversion Cycle | 153.02 | 169.32 | 158.95 | 114.01 | 236.01 |
| Days of Sales Outstanding | 87.75 | 95.67 | 77.39 | 54.21 | 92.83 |
| Days of Inventory Outstanding | 99.29 | 115.05 | 106.66 | 81.79 | 206.90 |
| Days of Payables Outstanding | 34.02 | 41.40 | 25.10 | 21.98 | 63.72 |
| Operating Cycle | 187.04 | 210.72 | 184.06 | 135.99 | 299.73 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.74 | 0.11 | 0.65 | 3.93 | -6.57 |
| Free Cash Flow Per Share | 2.54 | -0.30 | 0.17 | 3.48 | -6.92 |
| Dividend Paid and CapEx Coverage Ratio | 14.27 | 0.26 | 1.35 | 8.66 | -18.52 |
| Capital Expenditure Coverage Ratio | 14.27 | 0.26 | 1.35 | 8.66 | -18.52 |
| Operating Cash Flow Coverage Ratio | 0.34 | 0.01 | 0.06 | 0.36 | -0.46 |
| Operating Cash Flow to Sales Ratio | 0.10 | 0.00 | 0.03 | 0.10 | -0.25 |
| Free Cash Flow Yield | 55.31% | -6.57% | 4.21% | 51.12% | -101.79% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 6.57 | 3.50 | -3.69 | -11.53 | 175.26 |
| Price-to-Sales (P/S) Ratio | 0.17 | 0.15 | 0.16 | 0.18 | 0.26 |
| Price-to-Book (P/B) Ratio | 0.46 | 0.51 | 0.52 | 0.77 | 0.87 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 1.81 | -15.21 | 23.77 | 1.96 | -0.98 |
| Price-to-Operating Cash Flow Ratio | 1.68 | 43.20 | 6.19 | 1.73 | -1.04 |
| Price-to-Earnings Growth (PEG) Ratio | -0.14 | -0.02 | -0.04 | 0.01 | -1.70 |
| Enterprise Value Multiple | 6.68 | 5.31 | 26.96 | 23.13 | 17.54 |
| Enterprise Value | 1.24B | 1.49B | 1.41B | 1.72B | 2.09B |
| EV to EBITDA | 6.68 | 5.31 | 26.96 | 23.13 | 17.54 |
| EV to Sales | 0.45 | 0.50 | 0.56 | 0.46 | 0.81 |
| EV to Free Cash Flow | 4.88 | -49.66 | 83.60 | 4.95 | -3.02 |
| EV to Operating Cash Flow | 4.54 | 141.04 | 21.76 | 4.38 | -3.18 |
| Tangible Book Value Per Share | 10.04 | 9.02 | 7.71 | 8.78 | 7.80 |
| Shareholders’ Equity Per Share | 10.04 | 9.03 | 7.72 | 8.79 | 7.81 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.03 | 0.00 | 0.01 | 0.03 | -0.36 |
| Revenue Per Share | 27.85 | 29.86 | 25.12 | 37.58 | 25.78 |
| Net Income Per Share | 0.70 | 1.31 | -1.09 | -0.59 | 0.04 |
| Tax Burden | 1.03 | 1.00 | 0.99 | 0.97 | 1.36 |
| Interest Burden | 0.71 | 0.71 | 1.94 | 2.71 | 0.15 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 3.94 | 0.08 | -0.60 | -6.47 | -230.61 |
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