Risk factor
Low price volatility
Profitability factor
Slightly undervalued vs peers
About
PTT Public Company Limited is a global energy and petrochemical conglomerate that, through its subsidiaries, operates across Thailand, various Asian countries, Europe, the United States, and other international markets. Its diverse operations are organized into three primary segments: Upstream Petroleum and Natural Gas, Downstream Petroleum, and New Business and Infrastructure. The company's core activities include the exploration and production of petroleum, alongside the comprehensive natural gas value chain encompassing procurement, pipeline transmission, distribution, and separation. PTT also engages in the exploration, production, and distribution of coal. In the downstream sector, PTT manages the marketing of petroleum products and lubricants, overseeing their procurement, storage, and distribution networks, which extend to operating retail service stations. The company is also active in the import and export of petroleum, petrochemicals, and related commodities, and generates and supplies electricity, steam, and industrial water. A broad spectrum of services is provided by PTT, covering project management, human resources, specialized petroleum technology, and various consulting services—from technical advice for electricity businesses to management for petrol stations and convenience stores. It also offers factory maintenance, engineering, oil and gas, safety, environmental, and general business services, in addition to liquid chemical storage and handling. Further expanding its portfolio, PTT strategically invests in the liquefied natural gas (LNG) business. Its diversified ventures include producing and distributing chilled water, constructing and installing electricity generation systems, and developing power production projects. PTT is deeply involved in the development, marketing, and distribution of polymers and related products, as well as the manufacturing and distribution of biochemicals, paraxylene, and industrial coatings and additives. Additionally, it develops real estate properties, operates vocational schools, and handles the transportation, warehousing, and packaging management of polyethylene. Established in 1978, PTT Public Company Limited is headquartered in Bangkok, Thailand.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on E