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Tirathai Public Company (TRT) Fair Value & Analysis

Industrials · TH · Market cap 3.3B THB

TP Tirathai Public Company TRT · BK
Price13.20 THB
Fair Value7.43 THB
Upside-43.7%
Quality94/100
Evidence: High Range 4.91 THB – 9.77 THB

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 5 days ago

Share price +71.1% over the past month.

Price vs Fair Value (12 months)

13.20 THB 2.84 THB Fair Value 7.43 THB Jun 2025 Jun 2026

12‑month range 2.84 THB – 13.20 THB · fair‑value band 4.91 THB – 9.77 THB · the 13.20 THB price screens above the 7.43 THB fair value. As of Jun 24, 2026.

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Analysis

Tirathai Public Company (TRT) currently trades at 13.20 THB, while our model-based Fair Value estimate is 7.43 THB — implying the stock looks roughly 43.7% overvalued today. We read business quality at 94/100 (high quality), in the Industrials 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: high).

Over the trailing twelve months, Tirathai Public Company generated revenue of 2.2B THB at a net margin of 10.7%. Revenue grew 16.8% year over year. It earns a return on equity of 16.9%. Net debt stands at 815M THB. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 2.2B THB
Revenue growth (YoY) +16.8%
Net margin 10.7%
Return on equity 16.9%
Free cash flow 148M THB FY2025
P/E ratio 14.4
More key figures
Operating margin 29.4%
EPS (TTM) 0.7500 THB
Dividend yield 1.9%
EPS growth (YoY) +250%
Net debt 815M THB FY2025

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

About the company

Tirathai Public Company Limited, together with its subsidiaries, manufactures, repairs, maintains, and sells transformer equipment in Thailand and internationally. The company offers power, distribution, and special transformers; and provides erection and installation of transformers, oil filling, transformer maintenance, modification and repairs, testing, and transformer rental services. It also engages in aerial/digger derrick crane; contractual for welding and assembling of steel fabrication work; welding of general steel fabrication; engineering, procurement, and construction project; construction; operation and maintenance of conveyor systems; and coal conveyor system service. In addition, the company is involved in the distribution, installation, and maintenance of electrical power equipment, vehicle with installed machinery, and transformer; and general custom metal work services. It serves turbine buildings for biomass or waste power plants, warehouse buildings, office build…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tirathai Public Company reported revenue of 2.0B THB in FY2025 versus 2.0B THB in FY2021, a compound +0.3%/yr. Reported net income was 115M THB in FY2025, compounding +12.1%/yr from FY2021.

Revenue +0.3%/yr
FY21 2.0B THB
FY22 1.7B THB
FY23 2.1B THB
FY24 2.8B THB
FY25 2.0B THB
Net income +12.1%/yr
FY21 72.6M THB
FY22 −94.9M THB
FY23 130M THB
FY24 223M THB
FY25 115M THB

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Similar stocks

6 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co CYATY $22.68 $11.92 -47%
ABB Ltd ABLZF $107.67 $35.93 -67%
Delta Group DELTA 335.00 THB 34.23 THB -90%
Vertiv Holdings VRT $357.96 $89.54 -75%
Mitsubishi Electric Corporation MIELY $68.31 $29.03 -58%
LG Energy Solution, Ltd 373220 385,500 KRW 7,302 KRW -98%

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Frequently asked questions

Is Tirathai Public Company (TRT) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 7.43 THB versus a price of 13.20 THB — about −44% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TRT?
Our 21-model fair value for Tirathai Public Company is 7.43 THB (as of Jun 24, 2026), built from audited fundamentals. The current price is 13.20 THB.
What is the quality score of TRT?
Tirathai Public Company has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Tirathai Public Company (TRT)?
Tirathai Public Company reported trailing-twelve-month revenue of about 2.2B THB (latest available figure, as of Jun 24, 2026).
What is the net profit margin of TRT?
The net profit margin of Tirathai Public Company is about 10.7%, meaning it keeps roughly 10.7% of revenue as net income. Based on the latest reported figures.
Does Tirathai Public Company pay a dividend?
Tirathai Public Company currently shows a dividend yield of about 1.94% 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.