Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Page: Earnings Power Value

TOA Paint (Thailand) Public Company Limited

Ticker: TOA.BK | Industry: Chemicals - Specialty | Sector: Basic Materials
$14.60 +0.60 (4.29%)
As of: 2026-01-27

Master Data Export


Valuation Snapshot

Intrinsic Range$12.53 — $16.64
Selected Value (Mid)$14.59
Live Price$13.50
Upside / Downside8.04%

EPV Per Share Breakdown

MetricLowMidHigh
EPV Per Share$12.53$14.59$16.64

Normalized EBIT Margin

ScenarioMargin
Low13.08%
Mid15.39%
High17.70%

Normalized Tax Rate

MetricValue
Tax Rate20.85%

Adjusted Earnings (NOPAT)

ScenarioValue
Low2,204,701,181
Mid2,593,766,095
High2,982,831,009

Capital Structure

ComponentValue
Net Debt-1,804,503,000
Shares Outstanding1,998,585,000
WACC9.48%

Reverse EPV (Market Implied)

If "Implied" > "Actual", market expects profitability to improve.

MetricActual (LTM)Market Implied
EBIT Margin15.39%15.41%
NOPAT (Earnings)2,593,766,0952,596,441,443
Enterprise Value27,346,631,23527,374,838,000

Valuation Details

MetricLowMidHigh
Enterprise Value23,244,636,55027,346,631,23531,448,625,920
(-) Net Debt-1,804,503,000-1,804,503,000-1,804,503,000
(=) Equity Value25,049,139,55029,151,134,23533,253,128,920
(/) Shares Outstanding1,998,585,0001,998,585,0001,998,585,000
(=) Fair Value$12.53$14.59$16.64
Live Price$13.50$13.50$13.50
Upside %-7.16%8.04%23.25%

High-Upside EPV Screener

US Market Global Market
« 5
Ticker Company Price EPV Upside
0JW2.L M&T Bank Corporation $211.44 $257.65 21.86%
HGTY Hagerty, Inc. $12.98 $15.81 21.79%
EGY VAALCO Energy, Inc. $3.60 $4.38 21.78%
CQP Cheniere Energy Partners, L.P. $52.76 $64.22 21.72%
SFD SMITHFIELD FOODS INC $21.72 $26.44 21.71%
GL Globe Life Inc. $139.64 $169.81 21.61%
BOTJ Bank of the James Financial Group, Inc. $18.39 $22.35 21.53%
MSDL Morgan Stanley Direct Lending Fund $16.75 $20.35 21.51%
BLW BlackRock Limited Duration Income Trust $13.69 $16.63 21.49%
JPI Nuveen Preferred Securities & Income Opportunities Fund $20.33 $24.69 21.43%
UBFO United Security Bancshares $10.12 $12.25 21.04%
MNP Western Asset Municipal Partners Fund Inc. $10.58 $12.77 20.70%
CZNC Citizens & Northern Corporation $20.19 $24.35 20.61%
MPAA Motorcar Parts of America, Inc. $12.71 $15.32 20.52%
HNVR Hanover Bancorp, Inc. $22.82 $27.49 20.47%
VZ Verizon Communications Inc. $40.30 $48.53 20.41%
SOJE Southern Company (The) Series 2 $18.12 $21.77 20.13%
TCBI Texas Capital Bancshares, Inc. $95.08 $114.15 20.05%
BXSL Blackstone Secured Lending Fund $26.57 $31.80 19.69%
DCOM Dime Community Bancshares, Inc. $29.85 $35.66 19.47%
RDN Radian Group Inc. $35.95 $42.95 19.47%
FRAF Franklin Financial Services Corporation $49.24 $58.81 19.43%
BAH Booz Allen Hamilton Holding Corporation $90.04 $107.04 18.88%
IMXI International Money Express, Inc. $15.44 $18.35 18.87%
UBSI United Bankshares, Inc. $39.30 $46.71 18.87%
FVCB FVCBankcorp, Inc. $13.59 $16.15 18.81%
STRT Strattec Security Corporation $74.97 $88.79 18.44%
INGR Ingredion Incorporated $111.34 $131.72 18.30%
FULT Fulton Financial Corporation $19.98 $23.63 18.25%
TBNK Territorial Bancorp Inc. $8.33 $9.83 18.06%
THW Abrdn World Healthcare Fund $12.83 $15.13 17.90%
UVV Universal Corporation $52.86 $62.25 17.77%
STEL Stellar Bancorp, Inc. $31.44 $37.00 17.70%
EPD Enterprise Products Partners L.P. $31.73 $37.27 17.46%
THFF First Financial Corporation $60.91 $71.49 17.37%
OBEGX Oberweis Global Opportunities Fund Investor Class $32.44 $38.05 17.28%
WES Western Midstream Partners, LP $39.57 $46.37 17.18%
CNBKA Century Bancorp, Inc. $115.29 $134.52 16.68%
RYN Rayonier Inc. $21.82 $25.45 16.61%
MSGM Motorsport Games Inc. $3.09 $3.60 16.56%
0K0X.L MetLife, Inc. $80.92 $94.26 16.49%
DIAX Nuveen Dow 30 Dynamic Overwrite Fund $15.60 $18.17 16.48%
WEYS Weyco Group, Inc. $30.49 $35.51 16.47%
0QAH.L Merck & Co., Inc. $109.13 $126.64 16.04%
0M2A.L Adeia Inc. $13.20 $15.29 15.83%
SAIC Science Applications International Corporation $108.80 $125.79 15.61%
SAFT Safety Insurance Group, Inc. $75.20 $86.85 15.49%
BSRR Sierra Bancorp $33.51 $38.65 15.34%
MCI Barings Corporate Investors $18.58 $21.42 15.30%
CWBC Community West Bancshares $22.64 $26.05 15.06%