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Triple i Logistics Public Company (III) Fair Value & Analysis

Industrials · TH · Market cap 3.2B THB

TI Triple i Logistics Public Company III · BK
Price4.24 THB
Fair Value6.14 THB
Upside+44.8%
Quality95/100
Evidence: High Range 4.63 THB – 8.06 THB

Fair value as of: Jun 24, 2026

From 25 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from 5.26 THB to 6.14 THB (+16.7%) since Jun 23, 2026. Share price −1.4% over the past month.

Price vs Fair Value (12 months)

4.99 THB 3.74 THB Fair Value 6.14 THB Jun 2025 Jun 2026

12‑month range 3.74 THB – 4.99 THB · fair‑value band 4.63 THB – 8.06 THB · the 4.24 THB price screens below the 6.14 THB fair value. As of Jun 24, 2026.

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Analysis

Triple i Logistics Public Company (III) currently trades at 4.24 THB, while our model-based Fair Value estimate is 6.14 THB — implying the stock looks roughly 44.8% undervalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Triple i Logistics Public Company generated revenue of 2.6B THB at a net margin of 14.9%. Revenue grew 13.8% year over year. It earns a return on equity of 9.4%. Net debt stands at 494M THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 2.6B THB
Revenue growth (YoY) +13.8%
Net margin 14.9%
Return on equity 9.4%
Free cash flow 239M THB FY2025
P/E ratio 8.5
More key figures
Operating margin 1.4%
EPS (TTM) 0.4900 THB
Dividend yield 6.0%
EPS growth (YoY) -11.9%
Net debt 494M THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Triple i Logistics Public Company Limited, together with its subsidiaries, provides domestic and international freight forwarding, and integrated logistics services in Thailand and internationally. The company operates through Air Freight; Sea and In-Land Freight; Logistics Management; Chemical and Hazardous Goods Logistics; and Other Management Services segments. It offers wholesale air freight forwarder, general sales agent for airlines, and airport cargo terminal; shipping line agencies, worldwide less than container load service, and inland container transport; international logistics and warehouse and distribution services; and hazardous and dangerous goods logistics integrator, and dangerous goods packaging solution provider. The company also is involved in the other management services, as well as packaging services; and sells packages. The company was founded in 2008 and is headquartered in Bangkok, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Triple i Logistics Public Company reported revenue of 2.5B THB in FY2025 versus 2.9B THB in FY2021, a compound −4.2%/yr. Reported net income was 394M THB in FY2025, compounding +1.8%/yr from FY2021.

Revenue −4.2%/yr
FY21 2.9B THB
FY22 2.8B THB
FY23 1.8B THB
FY24 2.4B THB
FY25 2.5B THB
Net income +1.8%/yr
FY21 367M THB
FY22 796M THB
FY23 866M THB
FY24 441M THB
FY25 394M THB

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6 more Integrated Freight & Logistics stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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United Parcel Service, Inc UPS $107.24 $104.49 -3%
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Frequently asked questions

Is Triple i Logistics Public Company (III) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 6.14 THB versus a price of 4.24 THB — about +45% (undervalued). Model-based estimate, not financial advice.
What is the fair value of III?
Our 21-model fair value for Triple i Logistics Public Company is 6.14 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 4.24 THB.
What is the quality score of III?
Triple i Logistics Public Company has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Triple i Logistics Public Company (III)?
Triple i Logistics Public Company reported trailing-twelve-month revenue of about 2.6B THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of III?
The net profit margin of Triple i Logistics Public Company is about 14.9%, meaning it keeps roughly 14.9% of revenue as net income. Based on the latest reported figures.
Does Triple i Logistics Public Company pay a dividend?
Triple i Logistics Public Company currently shows a dividend yield of about 6.04% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.