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Thai Poly Acrylic Public Company (TPA) Fair Value & Analysis

Basic Materials · TH · Market cap 328M THB

TP Thai Poly Acrylic Public Company TPA · BK
Price2.60 THB
Fair Value1.56 THB
Upside-40.0%
Quality47/100
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Evidence: Low Range 1.46 THB – 1.68 THB

Fair value as of: Jul 14, 2026

From 2 valuation models · updated today

Share price −1.5% over the past month.

Price vs Fair Value (12 months)

3.20 THB 1.95 THB Fair Value 1.56 THB Mar 2025 Jul 2026

12‑month range 1.95 THB – 3.20 THB · fair‑value band 1.46 THB – 1.68 THB · the 2.60 THB price screens above the 1.56 THB fair value. As of Jul 14, 2026.

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Analysis

Thai Poly Acrylic Public Company (TPA) currently trades at 2.60 THB, while our model-based Fair Value estimate is 1.56 THB — implying the stock looks roughly 40.0% overvalued today. We read business quality at 47/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Over the trailing twelve months, Thai Poly Acrylic Public Company generated revenue of 565M THB at a net margin of -1.3%. Revenue declined 36.1% year over year. It earns a return on equity of -2.1%. The balance sheet holds a net cash position of 66.8M THB. Fundamentals as of Jul 14, 2026

Our scenario range runs from 1.46 THB (bear case) to 1.68 THB (bull case); at 2.60 THB, the current price sits above that range. The share trades about 21% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -57% fair-value upside — at -40%, TPA screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 565M THB
Revenue growth (YoY) -36.1%
Net margin -1.3%
Return on equity -2.1%
Free cash flow −3.6M THB FY2025
Operating margin 2.4%
More key figures
EPS (TTM) -0.0600 THB
EPS growth (YoY) +617%
Net cash 66.8M THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 14, 2026. TTM = trailing twelve months.

About the company

Thai Poly Acrylic Public Company Limited manufactures and distributes acrylic sheets and acrylonitrile butadiene styrene, high impact polystyrene sheets, and other extruded plastic sheets in Thailand and internationally. The company provides range of cast acrylic sheets, which includes general purpose, LED block, magic colors, micarle-1, light guide panel, diffusion, sanitary ware, and texture. It also offers heat block, UV block, and heat and UV block series products. In addition, it serves architecture and construction, lighting, home appliance and fridge, packaging, automotive and transportation, hygiene and safety, sanitary ware, trophies and premium, signage and advertisement, interior design and decoration, and retail display and POP applications. The company was incorporated in 1985 and is headquartered in Nakhon Pathom, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Thai Poly Acrylic Public Company reported revenue of 632M THB in FY2025 versus 894M THB in FY2021, a compound −8.3%/yr. Reported net income was −14.0M THB in FY2025.

Revenue −8.3%/yr
FY21 894M THB
FY22 759M THB
FY23 794M THB
FY24 795M THB
FY25 632M THB
Net income
FY21 18.2M THB
FY22 −20.5M THB
FY23 11.9M THB
FY24 −22.5M THB
FY25 −14.0M THB

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Cite: Fair Value Calculator (2026). "Thai Poly Acrylic Public Company Fair Value". https://www.fairvalue-calculator.com/stock/TPA

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Frequently asked questions

Is Thai Poly Acrylic Public Company (TPA) undervalued?
As of Jul 14, 2026, our model estimates a fair value of 1.56 THB versus a price of 2.60 THB — about −40% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TPA?
Our model-based fair value for Thai Poly Acrylic Public Company is 1.56 THB (as of Jul 14, 2026), built from audited fundamentals. The current price is 2.60 THB.
What is the quality score of TPA?
Thai Poly Acrylic Public Company has a Quality Score of 47/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Thai Poly Acrylic Public Company (TPA)?
Thai Poly Acrylic Public Company reported trailing-twelve-month revenue of about 565M THB (latest available figure, as of Jul 14, 2026).
What is the net profit margin of TPA?
The net profit margin of Thai Poly Acrylic Public Company is about -1.3%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

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