Valuation Indorama Ventures

Stocks

End-of-day quote Thailand S.E. Other stock markets 25/06/2026			5-day change	1st Jan Change
21.00 ^THB	0.00%		-5.41%	+30.43%

06-01	Indorama Ventures Public Company Limited, Q1 2026 Earnings Call, May 15, 2026
05-15	Indorama Ventures Public Company Limited Announces Cash Dividend for the Operating Period from January 1, 2025 to December 31, 2025, Payable on June 12, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	242,829	228,793	152,997	139,802	90,394	117,906	-	-
Change	-	-5.78%	-33.13%	-8.62%	-35.34%	30.43%	-	-
Enterprise Value (EV) ¹	450,600	461,362	388,646	384,702	326,544	342,898	323,142	302,390
Change	-	2.39%	-15.76%	-1.01%	-15.12%	5.01%	-5.76%	-6.42%
P/E	9.51x	7.56x	-13.2x	-6.82x	-12.3x	19x	14.4x	13.4x
PBR	1.53x	1.23x	0.93x	1.11x	0.77x	0.95x	0.88x	0.81x
PEG	-	0.4x	0x	-0.1x	0.2x	-0x	0.5x	1.67x
Capitalization / Revenue	0.52x	0.35x	0.28x	0.26x	0.2x	0.24x	0.23x	0.24x
EV / Revenue	0.96x	0.7x	0.72x	0.71x	0.73x	0.7x	0.64x	0.61x
EV / EBITDA	7.06x	6.17x	11.3x	9.37x	13.2x	7.36x	6.46x	6.03x
EV / EBIT	10.7x	9.41x	58.2x	29.4x	-382x	16x	14.2x	12.2x
EV / FCF	32.6x	8.81x	13.3x	20.2x	10.8x	23.9x	15.1x	12x
FCF Yield	3.07%	11.3%	7.49%	4.96%	9.24%	4.19%	6.61%	8.34%
Dividend per Share ²	1	1.45	0.925	0.7	0.7	0.7	0.6889	0.6548
Rate of return	2.31%	3.56%	3.39%	2.81%	4.35%	3.33%	3.28%	3.12%
EPS ²	4.55	5.39	-2.06	-3.65	-1.309	1.108	1.456	1.573
Distribution rate	22%	26.9%	-44.9%	-19.2%	-53.5%	63.2%	47.3%	41.6%
Net sales ¹	468,108	656,266	541,458	541,583	447,246	486,520	505,431	497,938
EBITDA ¹	63,825	74,772	34,373	41,078	24,681	46,617	50,011	50,185
EBIT ¹	42,089	49,050	6,675	13,089	-854.8	21,441	22,727	24,804
Net income ¹	26,288	31,006	-10,798	-19,262	-7,348	5,910	7,952	9,008
Net Debt ¹	207,771	232,569	235,649	244,900	236,150	224,993	205,236	184,484
Reference price ²	43.25	40.75	27.25	24.90	16.10	21.00	21.00	21.00
Nbr of stocks (in thousands)	5,614,552	5,614,552	5,614,552	5,614,552	5,614,552	5,614,552	-	-
Announcement Date	27/02/22	25/02/23	23/02/24	26/02/25	02/03/26	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
INDORAMA VENTURES	18.95x	0.7x	7.36x	3.33%	3.53B
AIR LIQUIDE	27.34x	4.21x	13.59x	2.06%	122B
SABIC	52.81x	1.37x	8.45x	5.96%	42.71B
NAN YA PLASTICS CORPORATION	16.52x	4.32x	24.6x	3.87%	38.97B
WANHUA CHEMICAL GROUP CO., LTD.	12.62x	1.23x	6.91x	2.42%	34.36B
NINGXIA BAOFENG ENERGY GROUP CO., LTD.	10.37x	3.02x	7.48x	4.29%	23.95B
RESONAC HOLDINGS CORPORATION	34.12x	2.7x	15.27x	0.37%	19.9B
GANFENG LITHIUM GROUP CO., LTD.	21.37x	3.26x	12.45x	0.56%	20.29B
HENGLI PETROCHEMICAL CO.,LTD.	11.44x	0.95x	8.43x	3.46%	19.07B
ZHEJIANG JUHUA CO., LTD.	23.4x	-	-	1.7%	20.12B
Average	22.90x	2.42x	11.62x	2.8%	34.53B
Weighted average by Cap.	25.48x	3.07x	12.74x	2.82%