EN DE
Watch TOA Paint (Thailand) Public Company Limited for free: we tell you when fair value or trend changes.
Data-driven stock valuation

TOA Paint (Thailand) Public Company Limited (TOA) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of TOA Paint (Thailand) Public Company Limited stock THB 15.97, price THB 15.30, upside +4.4%, quality 82 out of 100. Rating: fairly valued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Basic Materials TH · ISIN TH8193010007

TP TOA Paint (Thailand) Public Company Limited logo Thin data Nov 6, 2026

TOA Paint (Thailand) Public Company Limited

TOA · BK
Meets all rules: fair value rule, strong quality, uptrend

The stock costs about what our calculation considers fair.

Quality 82/100
Healthy Growth (revenue 5y +5.8 %/yr in THB)
Solidly profitable · 14.6% net margin (TTM)
Low debt
Generates free cash flow
5.0% dividend yield · Well covered
Ranks above peers (12/14)
Costs just 9.4 times its yearly profit.
Fair value 15.97 THB · Fairly valued (+4.4%)
Wide moat 71/100 · thin data
Thin data
⟳ Cyclical⚠ Small free float
Watch TOA Paint (Thailand) Public Company Limited for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

32.40 THB 8.79 THB Fair Value 15.97 THB May 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.

How to read this chart

60‑month range 8.79 THB – 32.40 THB · fair‑value band 12.82 THB – 20.67 THB · the 15.30 THB price screens below the 15.97 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.

Follow TOA Paint (Thailand) Public Company in your weekly email

Every Wednesday you see whether TOA Paint (Thailand) Public Company is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

TOA Paint (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes paints and chemicals in Thailand, Vietnam, Laos, Myanmar, Cambodia, Indonesia, and Malaysia.

Show moreShow less

It offers construction chemicals, special paints, gypsum, hardware and power tools, and tile products, as well as decorative, metal, wood, and heavy-duty coatings.

The company also provides painting services and calibration services for general laboratory instruments and specialized instruments for paint testing. In addition, it manufactures and distributes skim coat products. The company was founded in 1964 and is headquartered in Bang Sao Thong, Thailand.

Stock analysis

TOA Paint (Thailand) Public Company Limited (TOA) currently trades at 15.30 THB, while our model-based Fair Value estimate is 15.97 THB, so the stock looks roughly fairly valued today (gap 4.2%).

Show more

Valuation

Bull case: the Multiples group reads highest at a median of 23.14 THB per share, and 20 of the 24 models we run sit above the 15.30 THB price.

Bear case: the Asset-Based group reads lowest at 4.19 THB, and 4 of the 24 models stay below the price. Data coverage for this calculation is low.

Scenario range: 12.82 THB (bear) to 20.67 THB (bull), the price of 15.30 THB sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 82/100 (high quality), in the Basic Materials sector.

Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.

TOA Paint (Thailand) Public Company Limited reported revenue of 21.6B THB in FY2025 versus 17.6B THB in FY2021, a compound +5.3%/yr. Reported net income was 2.9B THB in FY2025, compounding +10.5%/yr from FY2021.

Key figures

Market cap 29.7B THB (≈ $884M) Small · P/E ratio 9.4 · P/S ratio 1.35 · EPS (TTM) 1.63 THB · Dividend yield 5.0% · Net margin 14.6% · Return on equity 21.2% · Return on assets (EBIT) 14.1% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 71 out of 100 (low confidence).

What moves the price

The share trades about 8% below its 52-week high and 32% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at 4%, TOA screens cheaper than that median.

Fair Value models

Bear 12.82 THB Fair Value 15.97 THB Bull 20.67 THB
Price 15.30 THB · Upside +4.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.7351 THB per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF 16.23 THB 20.48 THB 25.48 THB 82
Growth DCF 16.49 THB 20.41 THB 24.85 THB 80
Owner Earnings 15.11 THB 19.03 THB 23.63 THB 78
All 24 models by family
DCF Models
FCF DCF 16.23 THB 20.48 THB 25.48 THB 82
Owner Earnings 15.11 THB 19.03 THB 23.63 THB 78
5Y Revenue Exit 14.27 THB 19.30 THB 25.34 THB 74
5Y EBITDA Exit 16.76 THB 23.64 THB 31.16 THB 76
5Y P/E Exit 17.54 THB 25.00 THB 32.26 THB 71
10Y Revenue Exit 14.75 THB 19.01 THB 23.97 THB 68
10Y EBITDA Exit 16.39 THB 21.60 THB 27.68 THB 70
10Y P/E Exit 16.82 THB 22.41 THB 28.38 THB 65
Earnings-Based
Graham-Dodd 10.23 THB 21.30 THB 26.94 THB 66
EPV 14.16 THB 15.75 THB 17.07 THB 74
Dividend Discount
Gordon GGM 4.09 THB 5.61 THB 6.97 THB 69
DDM Multi-Stage 4.09 THB 5.43 THB 6.74 THB 67
Multiples
P/E Multiple 19.19 THB 25.58 THB 31.98 THB 63
P/S Multiple 12.53 THB 16.70 THB 20.88 THB 58
P/B Multiple 16.34 THB 21.79 THB 27.24 THB 55
EV/EBIT 21.64 THB 28.51 THB 35.38 THB 66
EV/EBITDA 18.62 THB 24.49 THB 30.35 THB 67
EV/Revenue 12.71 THB 17.72 THB 22.73 THB 54
Asset-Based
NCAV (Graham) 2.77 THB 4.19 THB 5.24 THB 55
Growth DCF
Growth DCF 16.49 THB 20.41 THB 24.85 THB 80
Rev-Margin DCF 14.27 THB 19.57 THB 25.17 THB 74
Economic Profit
Residual Income 8.01 THB 9.77 THB 13.09 THB 76
ROIC Compounder 14.47 THB 16.47 THB 18.37 THB 72
Growth Earnings
Growth-Adj P/E 14.23 THB 20.33 THB 26.42 THB 67

The fair value above starts from this blend and is adjusted for a cyclical peak year.

Open the full fair value analysis →

Quality Score breakdown

Overall quality 82/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 71
How much profit the company makes from its sales and capital
Quality Growth 68
Are margins and returns getting better?
Cashflow 68
Do the profits arrive as real cash?
Financial strength 92
Debt, balance sheet and risk of trouble
Investment 85
Does it invest with discipline instead of growing at any price?
Low Volatility 79
How calm the share price moves, does not count
Price momentum 57
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 70
Distance to the 52-week high, does not count
New shares 91
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 81/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+2.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.8%
Start year 2020 (pandemic). Over 10 years: +2.6% a year
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.3%
What shareholders gained per year (last 5 years), in THB (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in THB: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+13.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.4%
Dividend (yield on the price)5.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.8.4% vs 7.7%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.16% → 18%
2025 sits 57% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2020 (pandemic)

Growth Forecast

Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−7.6%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+2.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (Thailand: IMF forecast 1.2% a year to 2030, 1.1% from 2016 to 2025) that is about −8.7% a year for the price and +1.6% for the forecasts.
Forecast 2026 (sales)+2.8%
Forecast 2027 (sales)+3.0%
Projected 2028 (sales)+2.9%
Projected 2029 (sales)+2.8%
Projected 2030 (sales)+2.6%

Watch TOA, get fair value alerts →

Compare TOA Paint (Thailand) Public Company Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Chemicals · 727 stocks

Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 82 · Top 25%
Fair Value upside +4.4% · Above median
Profitability
Return on equity (12 months) 21.2% · Top 25%
Return on assets 13.6% · Top 25%
Net margin (12 months) 14.6% · Top 25%
Operating margin (12 months) 18.3% · Top 25%
Growth and dividend
Revenue growth (quarter YoY) 4.0% · Below median
Dividend yield (12 months) 5.0% · Top 25%
Balance sheet
Debt / equity 0.01× · Lowest 25%

Valuation Multiplesvs Specialty Chemicals median · lower = cheaper

P/E (12 months) 9.4× · Cheapest 25%
P/B 2.05× · Pricier than median
P/S (12 months) 1.35× · Cheaper than median
Price / free cash flow (fiscal year) 8.9× · Cheapest 25%
EV/EBITDA 5.8× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)39 · sector 0
FUTURE (revenue growth)20 · sector 67
PAST (return on equity)85 · sector 26
HEALTH (low debt)100 · sector 95
DIVIDEND (yield)100 · sector 30

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Nan Ya Plastics Corporation 1303 239.50 TWD 383.20 TWD +60% vs TOA
Wanhua Chemical Group 600309 ¥72.65 ¥68.03 −6% vs TOA
Linde plc LIN $515.25 $446.62 −13% vs TOA
PPG Industries, Inc PPG $122.38 $77.68 −37% vs TOA
DSM-Firmenich AG DSFIR CHF 100.50 CHF 57.70 −43% vs TOA
The Sherwin-Williams Company SHW $344.10 $146.37 −57% vs TOA
Givaudan SA GIVN CHF 4,054 CHF 1,554 −62% vs TOA
EMS-CHEMIE HOLDING AG EMSN CHF 848.50 CHF 284.63 −66% vs TOA
Ecolab Inc ECL $300.68 $96.56 −68% vs TOA
Air Products and Chemicals, Inc APD $304.84 $82.92 −73% vs TOA

Explore undervalued stocks

More undervalued Basic Materials stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

TOA Paint (Thailand) Public Company Limited: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "TOA Paint (Thailand) Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/TOA

Frequently asked questions

Is TOA Paint (Thailand) Public Company Limited (TOA) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 15.97 THB versus a price of 15.30 THB, about +4% upside (fairly valued).
What is the fair value of TOA?
Our model-based fair value for TOA Paint (Thailand) Public Company Limited is 15.97 THB (as of Nov 6, 2026), built from audited fundamentals. The current price: 15.30 THB.
What is the quality score of TOA?
TOA Paint (Thailand) Public Company Limited has a Quality Score of 82/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for TOA Paint (Thailand) Public Company Limited (TOA)?
Our model-based price target is the fair value of 15.97 THB (as of Nov 6, 2026) from 24 valuation models. Cautious scenario 12.82 THB, optimistic scenario 20.67 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the TOA Paint (Thailand) Public Company Limited stock forecast for 2026?
Our models put fair value at 15.97 THB, about +4% upside versus a price of 15.30 THB (fairly valued). Cautious scenario 12.82 THB, optimistic scenario 20.67 THB. The calculation is refreshed regularly with new filings.
What is the revenue of TOA Paint (Thailand) Public Company Limited (TOA)?
TOA Paint (Thailand) Public Company Limited reported trailing-twelve-month revenue of about 22.0B THB (latest available figure, as of Nov 6, 2026).
Does TOA Paint (Thailand) Public Company Limited pay a dividend?
TOA Paint (Thailand) Public Company Limited currently shows a dividend yield of 5.03% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of TOA Paint (Thailand) Public Company Limited (TOA) and when is the ex-dividend date?
TOA Paint (Thailand) Public Company Limited pays a dividend of 0.77 THB per share a year, a dividend yield of 5.0%. The last ex-dividend date was Aug 27, 2026. A dividend has been paid every year since at least 2018. The payout ratio is 47.2% of earnings. Free cash flow covers the dividend 2.23 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into TOA Paint (Thailand) Public Company Limited (TOA)?
For today's price to be fair in a discounted-cash-flow model, TOA Paint (Thailand) Public Company Limited would have to grow free cash flow by -7.6 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.8 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of TOA use?
Our models discount TOA Paint (Thailand) Public Company Limited at 11.6 %: a base by market capitalisation (small), damped by beta 0.30, country premium for Thailand. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For TOA Paint (Thailand) Public Company Limited that is -7.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has TOA Paint (Thailand) Public Company Limited (TOA) delivered so far?
Over the past 5 years revenue at TOA Paint (Thailand) Public Company Limited grew +5.8 % a year. The price currently implies free-cash-flow growth of -7.6 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of TOA Paint (Thailand) Public Company Limited (TOA) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into TOA Paint (Thailand) Public Company Limited (-7.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of TOA Paint (Thailand) Public Company Limited (TOA)?
The free-cash-flow yield on the price is 11.21 %: that much free cash flow TOA Paint (Thailand) Public Company Limited produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of TOA Paint (Thailand) Public Company Limited (TOA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For TOA Paint (Thailand) Public Company Limited it is 15.97 THB per share (as of Nov 6, 2026), against a price of 15.30 THB. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is TOA Paint (Thailand) Public Company Limited stock overvalued or undervalued in 2026?
As of Nov 6, 2026, TOA trades below its calculated fair value: price 15.30 THB, fair value 15.97 THB, a gap of about +4% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TOA?
No. The price is what the market pays today (15.30 THB); the fair value is what the company's own numbers justify (15.97 THB). For TOA Paint (Thailand) Public Company Limited the two are 0.6662 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is TOA Paint (Thailand) Public Company Limited worth?
The market values TOA Paint (Thailand) Public Company Limited at about 29.7B THB (market capitalisation, as of Nov 6, 2026). Per share that is 15.30 THB; our models calculate a fair value of 15.97 THB per share.
What do the bullish and bearish scenarios say about TOA?
Our models span a range for TOA Paint (Thailand) Public Company Limited: cautious scenario 12.82 THB, base 15.97 THB, optimistic 20.67 THB per share (as of Nov 6, 2026, price 15.30 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TOA?
TOA Paint (Thailand) Public Company Limited trades at a price-to-earnings ratio of 9.4 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 15.97 THB is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings: 33.2. Other multiples: P/B 2.1, P/S 1.3, EV/EBITDA 5.8.
How solid is the balance sheet of TOA Paint (Thailand) Public Company Limited (TOA)?
Balance-sheet figures for TOA Paint (Thailand) Public Company Limited (as of Nov 6, 2026): return on equity 21.2%, debt of 0.01 per unit of equity. They feed the Quality Score of 82/100, which measures business quality independently of the share price.
How far is TOA from its 52-week high?
TOA Paint (Thailand) Public Company Limited trades at 15.30 THB, about 8% below its 52-week high of 16.60 THB and 32% above the low of 11.63 THB (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 15.97 THB is for.
Which stocks are comparable to TOA Paint (Thailand) Public Company Limited?
From the same area (Basic Materials) we also value Linde plc, Ecolab Inc, The Sherwin-Williams Company, Nan Ya Plastics Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is TOA Paint (Thailand) Public Company Limited stock attractive at the current price?
The data as of Nov 6, 2026: price 15.30 THB, calculated fair value 15.97 THB (+4%), Quality Score 82/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TOA calculated?
We run TOA Paint (Thailand) Public Company Limited through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 15.97 THB builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. TOA Paint (Thailand) Public Company Limited currently trades 4% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of TOA Paint (Thailand) Public Company Limited (TOA)?
The closing price on Nov 6, 2026 was 15.30 THB. Our model-based fair value is 15.97 THB, about +4% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with TOA Paint (Thailand) Public Company Limited right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Where does the earnings growth of TOA Paint (Thailand) Public Company Limited (TOA) come from?
Earnings per share at TOA Paint (Thailand) Public Company Limited grew +3.0 % a year from 2014 to 2025. Broken into its drivers: revenue per share +2.2 %, EBIT margin +0.3 %, tax rate +0.2 %, residual (interest, one-offs) +0.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of TOA Paint (Thailand) Public Company Limited

How large is the market capitalisation of TOA Paint (Thailand) Public Company Limited (TOA)?
The market capitalisation of TOA Paint (Thailand) Public Company Limited is 29.7B THB (≈ $884M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of TOA Paint (Thailand) Public Company Limited (TOA)?
The price-to-sales ratio of TOA Paint (Thailand) Public Company Limited is 1.35 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of TOA Paint (Thailand) Public Company Limited (TOA)?
Earnings per share at TOA Paint (Thailand) Public Company Limited are 1.63 THB (price ÷ EPS = P/E 9.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of TOA Paint (Thailand) Public Company Limited (TOA)?
The dividend yield of TOA Paint (Thailand) Public Company Limited is 5.0% (payout 47.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of TOA Paint (Thailand) Public Company Limited (TOA)?
The net margin of TOA Paint (Thailand) Public Company Limited is 14.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of TOA Paint (Thailand) Public Company Limited (TOA)?
The return on equity (ROE) of TOA Paint (Thailand) Public Company Limited is 21.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of TOA Paint (Thailand) Public Company Limited (TOA)?
On an EBIT basis the return on assets of TOA Paint (Thailand) Public Company Limited is 14.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of TOA Paint (Thailand) Public Company Limited (TOA)?
The operating margin of TOA Paint (Thailand) Public Company Limited is 18.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at TOA Paint (Thailand) Public Company Limited (TOA)?
Revenue at TOA Paint (Thailand) Public Company Limited is growing +4.0% versus a year earlier (3y avg +1.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at TOA Paint (Thailand) Public Company Limited (TOA)?
Earnings per share at TOA Paint (Thailand) Public Company Limited are growing +10.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does TOA Paint (Thailand) Public Company Limited (TOA) hold?
TOA Paint (Thailand) Public Company Limited holds more cash than debt, 2.0B THB net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch TOA Paint (Thailand) Public Company Limited in the live analysis

One click puts TOA Paint (Thailand) Public Company Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.