Polyplex Stocks

THB 9.05Last Updated 27.04.2026

Issuer Rating

3/7
Performance

Modest

Risk

Considerable

Recommendation

Sell

Market Cap

THB 254.30M

Buy
Review
Evaluation
Target price
Dynamics
Performance
Growth
Dividends
Risks
THB 9.05
Key Takeaways

Risk factor

Weak & very vulnerable to price shocks

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Data is available to registered users only

Profitability factor

Very weak growth

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Polyplex (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes polyester films and chips, metalized films, extrusion coated films, cast polypropylene films, silicone coated films, and PET resins in Thailand and internationally. The company offers Sarafil range of plastic films, such as BOPET, bi-oriented polypropylene, cast polypropylene, blown polypropylene, and sustainable films for use in packaging, electrical, industrial, pressure sensitive, and other applications. It also provides Saracote range of silicone coated films for use in labels, tapes, roofing shingles, and peel and stick underlayments. In addition, the company offers Saralam range of extrusion coated film products comprising reflective insulation films; decorative lamination films; thin and thick gauge polyester thermal lamination films; and polypropylene, polyester, nylon, and UV polyester thermal lamination films for use in book covers, identity cards, carton lamination, wide format commercial films, etc. Further, it manufactures and distributes recycled plastic products. The company was incorporated in 2002 and is headquartered in Bangkok, Thailand.

Company Valuation

Overvalued
2/7

Considering past and projected metrics, the stock is 'expensive' compared to its peers. Specifically, the stock is overvalued on EV/EBITDA, overpriced on P/FC.

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
    Data is available to registered users only
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