Thai Vegetable Oil PCL (TVO.BK) Stock Price

Thai Vegetable Oil PCL Price

CLOSED
28.25
​
Market closed

Over the last 19 years Thai Vegetable Oil PCL grew revenue by 3.2% annually, reaching 27.79 B THB. Earnings per share have grown at 7.0% per year over the last 19 years. For Thai Vegetable Oil PCL, the net margin of 7.9% is up versus 6.6% a few years ago. At today's price the dividend yield works out to roughly 6.12%. The payout ratio is around 70% of earnings. The dividend has grown at 9.2% per year over the past 19 years. The consensus 12-month price target for Thai Vegetable Oil PCL is 26.39 THB, about 6.6% below where the stock trades today. Of 6 analysts, 4 rate the stock a buy — an overall Buy consensus.

Thai Vegetable Oil PCL stock price

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Thai Vegetable Oil PCL business model & stock analysis

Thai Vegetable Oil PCL is a leading manufacturer of vegetable oils in Thailand and worldwide. Founded in 1978, the company has a long history of over 40 years and has become one of the largest and fastest-growing companies in its industry during this time. The business model of Thai Vegetable Oil PCL is based on the production of vegetable oils from various sources such as palm oil, sunflower oil, soybean oil, and other plant oils. The company offers a wide range of products that can be used for various applications such as cooking, baking, frying, salad dressings, sauces, mayonnaise, and other food products. Thai Vegetable Oil PCL has several divisions in which it operates. The divisions include palm oil refining, soybean oil extraction, edible oil, food ingredients, and packaging. Each division has its own products and services tailored to the needs and requirements of customers. The palm oil refining division specializes in the production of palm oil and palm oil derivatives from palm fruits. The company uses modern technologies to produce high-quality products that meet customer requirements. The soybean oil extraction division specializes in the extraction of soybean oil from soybeans. Soybean oil is one of the most commonly used ingredients in the food industry, and Thai Vegetable Oil PCL produces high-quality soybean oil that meets the standards. The edible oil division produces a wide range of vegetable oils that can be used for various applications. This division ensures that all products are of the highest quality and meet consumer requirements. The food ingredients division produces various ingredients that can be used in the food industry. Examples include emulsifiers, stabilizers, binders, and other ingredients needed to manufacture food products. The packaging division produces various types of packaging suitable for the different products of Thai Vegetable Oil PCL. These include aluminum packaging, plastic packaging, and can packaging. Thai Vegetable Oil PCL emphasizes sustainability and environmental protection. The company is committed to implementing sustainable production practices to conserve the environment. In 2011, the company built its own biogas-powered power plant that largely meets its electricity needs from alternative energy sources. Overall, Thai Vegetable Oil PCL is a leading manufacturer of high-quality vegetable oils and other products in the food industry. The company is committed to continuously expanding its product range and continually evolving with the latest technologies and best practices in the industry.

Frequently asked questions about Thai Vegetable Oil PCL

The business model of Thai Vegetable Oil PCL focuses on the production and distribution of vegetable oil products. As one of the leading companies in the industry, Thai Vegetable Oil PCL operates through various divisions and subsidiaries, engaging in activities such as refining, packaging, and selling a wide range of edible oil products. With a commitment to quality and innovation, the company strives to meet the growing demand for vegetable oil both domestically and internationally. Thai Vegetable Oil PCL's business model is centered around delivering superior products and value to its customers while maintaining sustainable and profitable operations in the vegetable oil market.

Thai Vegetable Oil PCL is primarily active in the food processing industry.

The main competitors of Thai Vegetable Oil PCL in the market are other vegetable oil manufacturers and distributors.

Thai Vegetable Oil PCL, established in 1944, is a leading vegetable oil producer based in Thailand. With over 75 years of expertise, the company has evolved from a small-scale oil manufacturer to a renowned industry player. Thai Vegetable Oil PCL specializes in the production and distribution of high-quality cooking oils, including palm oil, soybean oil, and sunflower oil. Throughout its history, the company has continuously expanded its production facilities, implemented advanced technologies, and maintained stringent quality control measures. With a strong commitment to sustainability and environmental responsibility, Thai Vegetable Oil PCL has garnered a reputable position within the industry for delivering premium and healthy cooking oils to its customers worldwide.

Thai Vegetable Oil PCL has achieved several significant milestones over the years. One important achievement was the establishment of the company in 1977, which laid the foundation for its success in the vegetable oil industry. Additionally, the company attained ISO 9001 certification, demonstrating its commitment to quality management. Thai Vegetable Oil PCL has also expanded its operations by establishing a palm oil refinery, allowing it to meet the increasing demand for vegetable oil products. Moreover, the company has successfully built a strong market presence and reputation both domestically and internationally, further contributing to its achievements in the industry.

Thai Vegetable Oil PCL is primarily present in Thailand.

Thai Vegetable Oil PCL represents values of integrity, sustainability, and innovation. As a leading player in the edible oil industry, the company is committed to ensuring the highest standards of quality and ethical business practices. Thai Vegetable Oil PCL embraces a corporate philosophy centered on delivering products that are not only healthy but also environmentally friendly. With a focus on research and development, the company constantly seeks innovative solutions to meet the evolving needs of its customers. By upholding these values and corporate philosophy, Thai Vegetable Oil PCL establishes itself as a trusted provider of high-quality edible oil products.

Analysts currently set an average price target of 26.39 THB for the Thai Vegetable Oil PCL stock (median: 26.39 THB), implying -6.6 % versus the latest price. The consensus is based on 6 analyst ratings.

6 analysts currently rate the Thai Vegetable Oil PCL stock: 4 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Thai Vegetable Oil PCL to generate revenue of 31.14 B THB and earnings per share of 2.99 THB.

Converted at the current exchange rate, the Thai Vegetable Oil PCL share trades at 0.75 EUR (28.25 THB).

Thai Vegetable Oil PCL is a leading provider of high-quality vegetable oils for both private and industrial use. The company specializes in processing palm oil and offers a wide range of products and services. These include palm oil, soybean oil, sunflower oil, rapeseed oil, and coconut oil, among others. In addition to selling raw oil, Thai Vegetable Oil PCL also provides products such as margarine, shortening, frying oils, and baking fats to the food industry. The company is also involved in research and development of new plant oil products, aiming to offer innovative and healthier options to customers. It is also engaged in the production of biofuels, believing in the importance of utilizing renewable energy resources for a cleaner and more environmentally friendly future. Thai Vegetable Oil PCL is committed to customer satisfaction, high-quality products, and sustainable business practices. It has earned a strong reputation in the industry and strives to maintain a leading position in the market for vegetable oils and biofuels.

The expected revenue of Thai Vegetable Oil PCL is 31.14 B THB. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Thai Vegetable Oil PCL is 2.66 B THB. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Thai Vegetable Oil PCL is currently 9.44. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Thai Vegetable Oil PCL stock.

The price-to-sales ratio (P/S) of Thai Vegetable Oil PCL is currently 0.81. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Thai Vegetable Oil PCL stock.

The Eulerpool Quality Score for Thai Vegetable Oil PCL is 3/10.

The ISIN of Thai Vegetable Oil PCL is TH0209010Z07. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Thai Vegetable Oil PCL is TVO.BK. The ticker symbol is used to trade Thai Vegetable Oil PCL shares on the stock exchange.

Fair ValueTerminal
24.29 THB
Over-/UndervaluationTerminal
Fairly valued
Industry
Food Products
Number of shares
Employees
Revenue per Employee
29.85 M THB
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website tvothai.com
Country
Thailand
Currency
THB
Initial public offering
Nov 14, 1990
ISIN
TH0209010Z07
Cusip
Y9013V167
Sedol
6397706
Market capitalization
25.13 B THBLarge Cap
52-Week Range
PEG
-12.54
P/E ratio
P/Ee 2026
9.44
P/Ee 2027
10.47
P/Ee 2028
9.70
P/S
P/Se
0.81
EV/EBIT
9.26
P/B Ratio
2.17
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
18.92 %
Dividend
Dividend yield
6.12 %
Est. Dividend Yield
7.33 %
Payout Ratio
70.30 %
Dividend growth Ø5Y
15.25 %
Dividend payments per year
2
Dividend paid since
35 years
Dividend not reduced since
3 years
Dividend increased since
2 years
Dividend withholding tax
10.00 %
Last updated Oct 13, 2026, 5:41 PM