IRPC Public Company Limited (IRPSY)
POSITIVEFundamental
68
Preço
$2.42
Capitalização de Mercado
$51.43B
Parte 1 · Quanto vale a empresa
Visão Geral
IRPC refines crude oil into fuels and turns some of that output into petrochemicals, at an integrated site in Thailand that is the country's second-largest refinery, with capacity of about 215,000 barrels a day. It also sells lubricants, asphalt and plastics such as polyethylene and polypropylene. The company is majority-linked to Thailand's national oil company PTT, which owns roughly 45% of it and supplies its crude oil.
Como gera receita
Revenue comes from selling refined fuels, petrochemicals and related products at market prices, so profit depends on the spread between the cost of crude oil and the price of what comes out the other end — a margin that swings with global oil and petrochemical markets rather than being set by the company. PTT supplies essentially all of its crude, but at market price rather than at a discount, so ownership does not translate into a lower input cost.
Vantagem competitiva
Nenhuma vantagem identificada · NenhumaIRPC buys its main input, crude oil, at market price even from its own parent company, and sells fuels and basic petrochemicals that are largely undifferentiated commodities priced on global markets. Being Thailand's second-largest refiner gives it local scale, but not a cost or pricing advantage over other refiners exposed to the same crude and product prices.
O que impulsiona a procura
CíclicoAs a refiner and petrochemical producer, results move with global crude oil prices and refining margins, which swing with the broader economy, energy demand and regional refining capacity — not with any steady, non-discretionary consumption pattern.
Os argumentos a favor
Buyers argue that being tied to PTT, Thailand's national oil company and a roughly 45% owner, gives IRPC funding support and credit-rating uplift in stressed periods, and that its position as the country's second-largest, fully integrated refining-and-petrochemical complex is not easily replicated.
Os argumentos contra
Sellers fear that buying crude at market price even from its own parent leaves IRPC with no cost advantage, that refining and petrochemical margins are set by volatile global markets outside its control, and that a commodity business with no pricing power offers little protection when those margins compress.
Written by the editors, published on 18 de agosto de 2026
Direct competitors
Who this company fights with for the same customers
No editorial profile for this company yet
No competitor list for this company yet.
Balanço & Liquidez
Receita
$283.23B
Últimos 12 meses até o último trimestre divulgado — estimativa a partir de métricas por ação
Resultado Líquido
$5.52B
Últimos 12 meses até o último trimestre divulgado — estimativa a partir de métricas por ação
Fluxo de Caixa Livre
$20.46B
Capital Próprio Total
$76.40B
Passivo Total
$67.55B
Rácio de Liquidez
1.36
Cobertura de Juros
-
Dívida/EBITDA
2.77
Resultados Por Ação
Receita & Resultado Líquido
Fluxo de Caixa Livre
Decomposição dos Resultados
Demonstração histórica
Margens ao longo do tempo
A dívida ao longo do tempo
Quanto pesa a dívida
Grelha do crescimento
Crescimento — Receitas
Estimativa de Valor Justo
Valor Justo
$5.93
Preço Atual
$2.42
Margem de Segurança
+59.2%
Intervalo de Valor Justo
$3.86 - $8.01
Métodos de Estimativa
Métricas de Avaliação
Rácio P/E
9.32
ROE
14.8%
Rácio P/B
0.70
P/FCF
2.51
Margem Bruta
5.8%
ROIC
4.9%
Radar de Rentabilidade
Value Creation (Economic Moat)
ROIC
4.9%
WACC
5.9%
ROIC − WACC
-1.0 pp
ROIC is roughly in line with the cost of capital — the company is barely covering its capital cost.
Critérios de Análise Fundamental
Aprovado (12)
- P/FCF 2.51
- P/B Ratio 0.70
- Debt/Equity ratio
- Positive Free Cash Flow
- Current Ratio
- Debt/EBITDA
- Price below Graham Number
- DCF valuation (Undervalued)
- ROE 8.1%
- Revenue Growth 5Y 9.9%
- Earnings Surprise avg 37.9%
- Net Margin Trend -1.3% vs -1.6%
Reprovado (7)
- Price CAGR -7.06%
- ROIC 4.9%
- Gross Margin 5.8%
- Operating Margin 3.0%
- CapEx intensity
- Analyst Consensus 11% Buy
- Piotroski F-Score 2/9
Indisponível (8)
- EPS data insufficient
- Dividend Payout NaN%
- Interest Coverage
- Return on Tangible Assets
- Low reliance on intangibles
- PEG Ratio (need PE > 0 and growth > 0)
- Earnings Quality (OCF/Net Income)
- Share Dilution (missing shares data)
Piotroski F-Score
Preocupações financeiras graves
Qualidade dos Resultados
Baixa qualidade: investigar a contabilidade
Diluição de Ações
A recomprar ações. Favorável ao acionista
Governação
Equipa Executiva
| Nome | Cargo | Idade |
|---|---|---|
| Mr. Terdkiat Prommool | President, CEO, Secretary & Director | 58 |
| Ms. Torsang Chaipravat | Senior EVP of Corporate Accounting & Finance | 49 |
| Mr. Lersak Thongruang | Senior Executive Vice President of Operation | 58 |
| Ms. Wanida Utaisomnapa | Senior Executive Vice President of Corporate Commercial & Marketing | 59 |
| Mr. Kraisit Anukoolutaiwong | Executive VP of Corporate People & Organization Effectiveness | 63 |
| Mr. Thammasak Panyowatkool | Executive Vice President of Corporate Organization Effectiveness | 58 |
| Mr. Rathapol Unakanporn | Executive VP of Infrastructure Logistics & Operation Excellence | 62 |
| Mr. Pranarch Kosayanont | Senior Executive Vice President of Corporate Strategy Planning & Business Development | 58 |
| Mr. Poramet Junwichit | Senior Executive Vice President of Corporate Organization Effectiveness | 60 |
| Mr. Apichit Wongpanit | Acting Senior Executive Vice President of Corporate Organization Effectiveness and Digital | - |
Parte 2 · O preço e o momento de entrar
Esta parte não serve para saber se a empresa vale: serve para escolher quando comprá-la, depois que os fundamentos te convenceram. Dentro: análise técnica, potencial, quedas históricas, exposição gama.
Latest News
Recent headlines for IRPSY, sourced from Markets Gazette.