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Indorama Ventures PCL
SET:IVL

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Indorama Ventures PCL
SET:IVL
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Price: 22.9 THB 3.15% Market Closed
Market Cap: ฿128.6B

Gross Margin

12.4%
Current
Declining
by 0.4%
vs 3-y average of 12.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
12.4%
=
Gross Profit
฿58.2B
/
Revenue
฿467.3B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
12.4%
=
Gross Profit
฿58.2B
/
Revenue
฿467.3B

Peer Comparison

Country Company Market Cap Gross
Margin
TH
Indorama Ventures PCL
SET:IVL
128.6B THB
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SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR
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ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD
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ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
627.2T IDR
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CN
Hengli Petrochemical Co Ltd
SSE:600346
180.8B CNY
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US
Dow Inc
NYSE:DOW
23.6B USD
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CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
147.5B CNY
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TW
Nan Ya Plastics Corp
TWSE:1303
624.9B TWD
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UK
LyondellBasell Industries NV
NYSE:LYB
18.7B USD
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KR
LG Chem Ltd
KRX:051910
26.3T KRW
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CN
Zhejiang Juhua Co Ltd
SSE:600160
107.8B CNY
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Market Distribution

Lower than 77% of companies in Thailand
Percentile
23nd
Based on 889 companies
23nd percentile
12.4%
Low
-1 953.8% — 15.7%
Typical Range
15.7% — 34.4%
High
34.4% — 757.3%
Distribution Statistics
Thailand
Min -1 953.8%
30th Percentile 15.7%
Median 23.9%
70th Percentile 34.4%
Max 757.3%

Indorama Ventures PCL
Glance View

Market Cap
128.6B THB
Industry
Chemicals

Indorama Ventures PCL stands as a formidable entity in the global chemical industry, weaving a narrative of strategic growth and diversification that reflects its ambitious trajectory. Originating from its headquarters in Thailand, Indorama Ventures has cemented its reputation through expansive operations in the areas of polyethylene terephthalate (PET), integrated oxide and derivatives (IOD), and fibers. At the core of its business model lies the formidable production and distribution of PET, the material widely used in packaging, from soda bottles to food containers. By leveraging an integrated supply chain, the company transforms raw materials like purified terephthalic acid (PTA) and monoethylene glycol (MEG) into finished PET products, enabling it to capture value at various stages of the production process. Driving its financial engine is a well-orchestrated global footprint that ensures robust revenue streams and risk diversification. With plants strategically located across different continents, Indorama Ventures capitalizes on regional market demands while mitigating geopolitical risks. Moreover, the company's expansion into fibers enhances its portfolio, reaching into automotive, hygiene, and apparel markets. Through such diversified revenue sources, Indorama Ventures not only mitigates industry cyclicality but also taps into global trends, such as increasing demand for recyclable packaging and sustainable fiber solutions. As the company continues to innovate and adapt within its sectors, its agile approach ensures sustainable growth, firmly anchoring its position in the competitive landscape of the chemical industry.

IVL Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
12.4%
=
Gross Profit
฿58.2B
/
Revenue
฿467.3B
What is Indorama Ventures PCL's current Gross Margin?

The current Gross Margin for Indorama Ventures PCL is 12.4%, which is below its 3-year median of 12.8%.

How has Gross Margin changed over time?

Over the last 3 years, Indorama Ventures PCL’s Gross Margin has decreased from 19.3% to 12.4%. During this period, it reached a low of 11.2% on Sep 30, 2023 and a high of 19.3% on Sep 30, 2022.

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