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T

Thai Mitsuwa PCL TMW.BK · THB

Materials · SET · 🇹🇭 Thailand

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55.25

+0.45%

Close of 9 Nov 2026, in THB

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in THB, from our data supplier.

FY2026

Revenue

THB 4.19bn

FY2017FY2026

Net income

THB 540.4m

FY2017FY2026

Free cash flow

THB 216.8m

FY2017FY2026

Shareholders' equity

THB 3.93bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
RevenueTHB 4.19bnTHB 3.89bnTHB 4.06bnTHB 3.69bnTHB 3.06bnTHB 2.47bnTHB 2.91bnTHB 3.28bnTHB 2.95bnTHB 2.45bn
Gross profitTHB 957.6mTHB 925.7mTHB 958.9mTHB 578.0mTHB 445.9mTHB 453.6mTHB 565.5mTHB 689.3mTHB 646.4mTHB 439.6m
Operating incomeTHB 623.0mTHB 595.0mTHB 607.5mTHB 250.5mTHB 147.1mTHB 82.5mTHB 272.0mTHB 391.5mTHB 413.7mTHB 217.7m
Net incomeTHB 540.4mTHB 479.0mTHB 551.6mTHB 224.9mTHB 119.0mTHB 60.8mTHB 235.6mTHB 370.6mTHB 334.0mTHB 174.9m
Diluted earnings per share13.5412.0013.835.642.981.535.909.298.374.38

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assetsTHB 4.92bnTHB 4.30bnTHB 4.04bnTHB 3.58bnTHB 3.24bnTHB 3.29bnTHB 3.33bnTHB 3.10bnTHB 3.02bnTHB 2.53bn
Cash and short-term investmentsTHB 1.21bnTHB 1.12bnTHB 971.0mTHB 665.1mTHB 395.5mTHB 416.9mTHB 344.2mTHB 429.7mTHB 857.2mTHB 717.9m
Total liabilitiesTHB 994.9mTHB 766.0mTHB 824.8mTHB 839.5mTHB 690.7mTHB 844.2mTHB 874.9mTHB 754.6mTHB 941.7mTHB 743.5m
DebtTHB 71.4mTHB 25.4mTHB 588,426THB 1.4mTHB 41.4mTHB 153.8mTHB 230.9mTHB 78.9mTHB 180.9mTHB 236.0m
Shareholders' equityTHB 3.93bnTHB 3.53bnTHB 3.22bnTHB 2.74bnTHB 2.55bnTHB 2.45bnTHB 2.46bnTHB 2.34bnTHB 2.07bnTHB 1.79bn
Shares outstanding40m40m40m40m40m40m40m40m40m40m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operationsTHB 604.0mTHB 789.0mTHB 680.6mTHB 485.7mTHB 364.1mTHB 302.8mTHB 483.3mTHB 471.0mTHB 474.0mTHB 360.1m
Capital spending−THB 387.2m−THB 486.1m−THB 284.6m−THB 119.8m−THB 253.2m−THB 72.9m−THB 606.7m−THB 691.7m−THB 227.1m−THB 301.0m
Free cash flowTHB 216.8mTHB 302.9mTHB 396.0mTHB 365.9mTHB 110.9mTHB 229.9m−THB 123.4m−THB 220.7mTHB 246.9mTHB 59.2m
Dividends paid−THB 144.0m−THB 165.6m−THB 67.8m−THB 35.9m−THB 18.4m−THB 71.0m−THB 111.7m−THB 101.7m−THB 52.7m−THB 41.9m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTHB 1.05bnTHB 977.0mTHB 1.06bnTHB 1.10bnTHB 1.06bnTHB 858.7mTHB 947.7mTHB 1.09bn
Gross profitTHB 230.4mTHB 173.6mTHB 248.3mTHB 282.5mTHB 264.5mTHB 178.8mTHB 229.0mTHB 283.9m
Operating incomeTHB 154.7mTHB 94.5mTHB 158.5mTHB 205.3mTHB 176.9mTHB 95.4mTHB 164.1mTHB 169.9m
Net incomeTHB 124.3mTHB 83.0mTHB 135.4mTHB 167.4mTHB 154.6mTHB 76.3mTHB 131.2mTHB 137.4m
Diluted earnings per share3.122.083.394.203.881.913.293.45
Cash from operationsTHB 223.0mTHB 175.0mTHB 89.0mTHB 155.0mTHB 184.0mTHB 211.0mTHB 183.0mTHB 135.0m
Capital spending−THB 147.0m−THB 58.0m−THB 103.0m−THB 114.0m−THB 111.0m−THB 156.0m−THB 64.0m−THB 142.0m
Free cash flowTHB 76.0mTHB 117.0m−THB 14.0mTHB 41.0mTHB 73.0mTHB 55.0mTHB 119.0m−THB 7.0m
Total assetsTHB 4.98bnTHB 4.92bnTHB 4.65bnTHB 4.56bnTHB 4.57bnTHB 4.30bnTHB 4.15bnTHB 4.12bn
Cash and short-term investments—THB 1.21bnTHB 1.10bnTHB 1.07bnTHB 1.18bnTHB 1.12bnTHB 1.04bnTHB 923.7m
Debt—THB 29.7mTHB 48.5mTHB 9.0mTHB 18.0mTHB 8.9m—THB 12,000
Shareholders' equityTHB 4.05bnTHB 3.93bnTHB 3.84bnTHB 3.71bnTHB 3.68bnTHB 3.53bnTHB 3.46bnTHB 3.32bn

Financial ratios

Data as of 28 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin22.8%23.8%23.6%15.7%14.6%18.3%
Operating margin14.9%15.3%15.0%6.8%4.8%3.3%
Net margin12.9%12.3%13.6%6.1%3.9%2.5%
Return on equity13.8%13.6%17.1%8.2%4.7%2.5%
Return on assets11.0%11.1%13.6%6.3%3.7%1.8%
Free cash flow yield45.0%57.8%43.8%27.5%28.0%17.2%
Revenue growth7.7%-4.2%10.0%20.5%23.8%-15.0%
Earnings growth12.8%-13.2%145.3%89.0%95.6%-74.2%
Current ratio2.93x3.19x2.88x2.27x2.19x1.77x
Debt to equity0.01x0.01x0.00x0.00x0.02x0.05x
Equity ratio79.8%82.2%79.6%76.5%78.7%74.4%
Interest coverage412.65x10904.48x1753.91x350.60x45.89x13.25x
Buybacks as a share of market value0.0%-0.0%0.0%0.0%-0.7%0.8%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue4.3%11.1%6.8%
Operating income35.5%49.8%15.4%
Net income34.0%54.8%14.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin23.3%21.6%20.2%20.0%
Operating margin15.1%13.1%10.8%10.7%
Net margin12.6%11.3%9.2%9.2%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings4.14.74.59.012.825.66.04.17.813.0
Price to sales0.50.60.60.60.50.60.50.50.90.9

Dividends and splits

Per share, in the currency the company pays

Paid for 22 years. Last went ex-dividend on 25 Jul 2025.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year3.614.151.700.900.461.782.802.55

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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