PTT Exploration & Production PCL (TPED) Fair Value & Analysis
Energy · SG · Market cap 20.4B SGD
Fair value as of: Aug 13, 2026
From 18 valuation models · updated 4 days ago
Share price +2.5% over the past month.
A solid business, screening 43% undervalued on our models.
What matters now
- The price is below even our cautious bear case (6.12 SGD). The market is more pessimistic than our downside scenario.
- Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
Price vs Fair Value (3 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
39‑month range 3.49 SGD – 6.37 SGD · fair‑value band 6.12 SGD – 10.20 SGD · the 5.71 SGD price screens below the 8.16 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
PTT Exploration & Production PCL (TPED) currently trades at 5.71 SGD, while our model-based Fair Value estimate is 8.16 SGD, implying the stock looks roughly 42.9% undervalued today. The Quality Score stands at 57/100 (solid quality), in the Energy 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, PTT Exploration & Production PCL generated revenue of 8.9B SGD at a net margin of 19.4%. Revenue grew 14.7% year over year. It earns a return on equity of 10.8%. Net debt stands at 17.5B SGD. Fundamentals as of Aug 13, 2026
Our scenario range runs from 6.12 SGD (bear case) to 10.20 SGD (bull case); at 5.71 SGD, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 10% below its 52-week high and 47% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at -35% fair-value upside, at 43%, TPED screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 18 models by family
Widest divergence: Multiples (8.16 SGD) versus Growth DCF (3.34 SGD). Highest evidence: Growth DCF (80).
Notify me when TPED reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 54 · Market factors (momentum, volatility) 69
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
PTT Exploration and Production Public Company Limited, together with its subsidiaries, engages in the exploration, development, and production of petroleum in Thailand, rest of Southeast Asia, the Middle East, Africa, and internationally. It operates through Exploration and Production; and Other Businesses and Corporate segments.
Full company description
PTT Exploration and Production Public Company Limited, together with its subsidiaries, engages in the exploration, development, and production of petroleum in Thailand, rest of Southeast Asia, the Middle East, Africa, and internationally. It operates through Exploration and Production; and Other Businesses and Corporate segments. The company is also involved in the gas pipeline transportation and solar power businesses, as well as renewable energy and related activities. In addition, it provides petroleum-related technology, human resource support, and technology and innovation services. The company was founded in 1985 and is based in Bangkok, Thailand. PTT Exploration and Production Public Company Limited is a subsidiary of PTT Public Company Limited.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2025 · reported fiscal years
PTT Exploration & Production PCL reported revenue of 281B SGD in FY2025 versus 331B SGD in FY2022, a compound −5.3%/yr. Reported net income was 60.3B SGD in FY2025, compounding −5.3%/yr from FY2022.
Watch TPED: get an alert when its fair value changes →
Peer Group
Oil & Gas E&P · 318 stocks
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.
Valuation Multiples vs Oil & Gas E&P median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Oil & Gas E&P stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| CNOOC Limited 600938 | ¥32.85 | ¥32.55 | -1% |
| ConocoPhillips explores for, COP | $126.78 | $90.15 | -29% |
| Canadian Natural Resources Limited CNQ | $47.57 | $31.14 | -35% |
| EOG Resources, Inc EOG | $143.14 | $130.19 | -9% |
| Occidental Petroleum Corporation OXY | $58.55 | $30.06 | -49% |
| Diamondback Energy, Inc FANG | $201.71 | $105.24 | -48% |
| Devon Energy Corporation DVN | $44.86 | $27.06 | -40% |
| Woodside Energy Group WDS | A$32.55 | A$20.71 | -36% |
| EQT Corporation EQT | $54.06 | $42.85 | -21% |
| Texas Pacific Land Corporation TPL | $342.77 | $77.26 | -77% |
Compare PTT Exploration & Production PCL with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Energy stocks →
Frequently asked questions
Is PTT Exploration & Production PCL (TPED) overvalued or undervalued?
What is the fair value of TPED?
What is the quality score of TPED?
What is the revenue of PTT Exploration & Production PCL (TPED)?
What is the net profit margin of TPED?
Does PTT Exploration & Production PCL pay a dividend?
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.
Track PTT Exploration & Production PCL and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.