ATLASATLAS fair value
THB 68.18
Close to fair value · 1% discount
Range: THB 51–THB 90Fair valuePrice
Thai Oil (TOP.BK)
Thai Oil stock price today, ATLAS forecast and fair value
Energy · Oil & Gas Refining & Marketing · Stock Exchange of Thailand · Thailand
THB 67.50▼ -1.10%
Prices as of Oct 27, 2026 · THB
Chance of rising in 1 month
49%
that it ends higher than today in 21 sessions
0%coin flip 50%100%
This is just the summary. See everything on Thai Oil in ATLAS
ATLAS's own quantitative analysis, all in one place.
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
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- Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
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On Thai Oil
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
- Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
- NewsThe latest on the company, in one place.
And for you
- ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
- AlertsWe let you know when something changes in your stocks.
- Crisis simulatorHow your portfolio would do in a crash like 2008.
- Practice risk-free$10,000 in virtual money to invest at real prices.
- Global screenerSearch US stocks and stocks from 47 countries with filters.
Plans from €3.99 a month.
ATLAS estimates Thai Oil's fair value at about THB 68.18 per share (reasonable range: THB 50.86 to THB 90.47). At THB 67.50, the stock trades within 8% of that figure: close to fair value.
It is calculated with valuation multiples of comparable companies. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.
ATLAS's model gives Thai Oil a 49% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.
In half of the simulated outcomes the price ends between THB 62.27 and THB 72.77; in 9 out of 10, between THB 54.24 and THB 83.56. Estimated annual volatility is 47%.
Price, last 12 months (weekly close)
Key numbers
- Market cap
- THB 164B
- Market cap (USD)
- $4.9B
- P/E ratio
- 4.7
- Dividend yield
- 1.43%
- 52-week high
- THB 79.00
- 52-week low
- THB 33.00
- Revenue (12 months)
- THB 382B
- Gross margin
- 13.8%
- Operating margin
- 9.5%
- Net margin
- 8.5%
- Beta
- 0.69
What this means
These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Thai Oil sits close to fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.
Over the last 52 weeks TOP.BK has traded between THB 33.00 and THB 79.00. Today it is 14.6% below that high and 105% above its low.
On the business: net margin is 8.5%; it trades at 4.7 times earnings.
Its beta is 0.69: it tends to move less than the market.
About the company
Thai Oil Public Company Limited, together with its subsidiaries, engages in the oil refining and distributions, petrochemicals, lube base oil, and other businesses in Thailand, Indonesia, and internationally.
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Comparable companies
Other companies in the same line of business:
Frequently asked questions
What is Thai Oil (TOP.BK) fair value?
About THB 68.18 per share according to ATLAS (reasonable range: THB 50.86 to THB 90.47). With the stock at THB 67.50, it is close to that value.
What is the chance TOP.BK goes up next month?
49%: close to a coin flip. In half of the simulated outcomes, TOP.BK ends the month between THB 62.27 and THB 72.77.
How big is Thai Oil and what is its P/E ratio?
Thai Oil's market capitalization is THB 164B. Its price-to-earnings (P/E) ratio is 4.7: you pay THB 4.73 for each THB 1.00 of yearly earnings.
Does Thai Oil pay a dividend?
Yes. TOP.BK's current dividend yield is 1.43% at today's price (THB 67.50).
Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer