TPED Stock Fair Value – PTT EXPLORATION & PRODUCTION PCL Reports Q2 FY2023 Earnings Results
August 11, 2023
☀️Earnings Overview
PTT EXPLORATION & PRODUCTION PCL ($SGX:TPED) released its earnings results for the second quarter of FY2023, which concluded on June 30 2023. A total revenue of THB 67.5 billion was recorded, a drop of 18.8% compared to the same period in the previous year. Net income however, showed an increase of 2.1% year over year, with a figure of THB 21.0 billion.
Share Price
The stock opened at 6.2 SGD and closed at the same price, indicating a slight increase of 0.8% from the prior closing price of 6.2 SGD. This is a promising result and signals a potential improvement in the company’s performance in the coming quarters. The results are an indication of the positive trajectory PTT EXPLORATION & PRODUCTION PCL has been on since the beginning of the financial year. This along with the gradual increase in share value shows that investors are confident in the future of the company’s operations.
It remains to be seen how the company will fare in the rest of the year, but these reports are encouraging for both investors and potential investors alike. With its strong financial foundation and well-structured business model, PTT EXPLORATION & PRODUCTION PCL looks set to remain a leader in the exploration and production industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for TPED. More…
| Total Revenues | Net Income | Net Margin |
| 323.09k | 78.38k | 26.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for TPED. More…
| Operations | Investing | Financing |
| 170.26k | -87.44k | -71.76k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for TPED. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 866.11k | 365.12k | 126.17 |
Key Ratios Snapshot
Some of the financial key ratios for TPED are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.1% | 37.4% | 48.3% |
| FCF Margin | ROE | ROA |
| 27.3% | 19.9% | 11.3% |
Analysis – TPED Stock Fair Value
At GoodWhale, we have conducted an analysis of PTT EXPLORATION & PRODUCTION PCL’s financials. Based on our proprietary Valuation Line, we estimate that the fair value of the company’s share is around SG$5.9. Currently, PTT EXPLORATION & PRODUCTION PCL stock is trading at SG$6.2, indicating a fair price that is overvalued by 4.2%. More…
Summary
PTT EXPLORATION & PRODUCTION PCL reported its second quarter FY2023 results with a total revenue of THB 67.5 billion, a decrease of 18.8% year over year. Net income, however, was THB 21.0 billion, a 2.1% increase compared to the same period the previous year. It is therefore advisable for investors to carefully weigh the pros and cons before making any long-term investments in the company.
It should be noted that while there has been a decrease in revenue, the company is still showing an increase in net income. Investors should also consider the sectoral trends and any potential factors that could impact the company’s performance in the future.
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