T

Tata Steel Thailand PCL
SET:TSTH

Watchlist Manager
Tata Steel Thailand PCL
SET:TSTH
Watchlist
Price: 0.75 THB -1.32%
Market Cap: ฿6.3B
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-17%
5Y
+32%
10Y
+52%
Operating Income
+
3Y
+167%
5Y
+429%
10Y
-
Net Income
+
3Y
+128%
5Y
+480%
10Y
-

Earnings Waterfall
Tata Steel Thailand PCL

Income Statement
Tata Steel Thailand PCL

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Income Statement
Currency: THB
Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025 Dec-2025
Revenue
Interest Expense
610
583
566
564
552
543
529
520
531
549
568
531
481
85
252
229
293
268
259
251
241
222
200
173
151
149
176
216
254
283
288
278
285
298
311
330
355
370
380
372
353
328
302
280
252
228
202
173
155
133
122
113
101
101
96
93
88
83
81
75
77
79
78
79
69
52
44
38
39
43
41
40
37
35
33
31
30
32
31
31
32
30
30
30
30
29
0
0
0
Revenue
10 176
N/A
11 967
+18%
13 156
+10%
15 613
+19%
16 639
+7%
18 166
+9%
19 735
+9%
18 784
-5%
18 043
-4%
16 787
-7%
17 108
+2%
17 916
+5%
18 854
+5%
6 149
-67%
21 442
+249%
23 516
+10%
27 132
+15%
31 139
+15%
36 546
+17%
38 921
+6%
35 425
-9%
29 353
-17%
22 704
-23%
18 968
-16%
19 997
+5%
22 422
+12%
24 085
+7%
25 125
+4%
25 422
+1%
26 762
+5%
28 122
+5%
28 481
+1%
27 590
-3%
26 223
-5%
24 567
-6%
23 876
-3%
25 074
+5%
25 015
0%
25 070
+0%
25 309
+1%
25 045
-1%
25 363
+1%
25 409
+0%
24 184
-5%
23 160
-4%
21 355
-8%
19 772
-7%
18 529
-6%
17 418
-6%
16 733
-4%
16 913
+1%
17 336
+3%
18 107
+4%
19 701
+9%
19 714
+0%
20 876
+6%
21 982
+5%
22 246
+1%
23 081
+4%
23 118
+0%
22 850
-1%
22 222
-3%
22 200
0%
21 453
-3%
20 464
-5%
20 125
-2%
19 296
-4%
19 107
-1%
20 035
+5%
22 017
+10%
25 317
+15%
28 325
+12%
31 012
+9%
32 590
+5%
33 424
+3%
33 155
-1%
31 964
-4%
30 698
-4%
28 174
-8%
26 629
-5%
25 213
-5%
24 689
-2%
25 322
+3%
25 174
-1%
25 357
+1%
24 981
-1%
24 984
+0%
26 437
+6%
26 544
+0%
Gross Profit
Cost of Revenue
(8 927)
(10 202)
(11 123)
(13 063)
(13 721)
(15 331)
(16 916)
(16 396)
(16 091)
(15 596)
(15 796)
(16 277)
(16 957)
(5 384)
(18 779)
(20 929)
(24 067)
(26 602)
(29 591)
(30 818)
(29 928)
(28 257)
(23 576)
(21 054)
(20 302)
(21 715)
(23 062)
(24 633)
(25 614)
(26 859)
(28 253)
(28 783)
(27 871)
(26 629)
(25 153)
(24 323)
(25 054)
(24 725)
(24 700)
(24 488)
(23 951)
(24 237)
(24 151)
(23 155)
(22 358)
(20 789)
(19 234)
(17 911)
(16 772)
(15 785)
(15 657)
(15 880)
(16 251)
(17 745)
(18 114)
(19 210)
(20 273)
(20 675)
(21 489)
(21 769)
(21 977)
(21 620)
(21 628)
(20 975)
(19 936)
(19 379)
(18 491)
(18 186)
(19 006)
(20 533)
(23 040)
(25 205)
(27 338)
(29 106)
(30 209)
(30 830)
(30 322)
(29 286)
(27 351)
(25 930)
(24 556)
(24 250)
(24 867)
(24 813)
(24 873)
(24 297)
(23 873)
(24 101)
(23 632)
Gross Profit
1 249
N/A
1 764
+41%
2 032
+15%
2 550
+25%
2 918
+14%
2 835
-3%
2 819
-1%
2 389
-15%
1 952
-18%
1 191
-39%
1 313
+10%
1 638
+25%
1 897
+16%
765
-60%
2 662
+248%
2 587
-3%
3 065
+18%
4 537
+48%
6 954
+53%
8 102
+17%
5 497
-32%
1 095
-80%
(872)
N/A
(2 086)
-139%
(305)
+85%
707
N/A
1 022
+45%
491
-52%
(193)
N/A
(97)
+50%
(132)
-36%
(303)
-130%
(282)
+7%
(406)
-44%
(587)
-45%
(448)
+24%
19
N/A
290
+1 426%
370
+28%
820
+122%
1 093
+33%
1 126
+3%
1 256
+12%
1 029
-18%
802
-22%
566
-29%
540
-5%
619
+15%
647
+5%
948
+47%
1 256
+33%
1 456
+16%
1 856
+27%
1 956
+5%
1 599
-18%
1 665
+4%
1 708
+3%
1 572
-8%
1 591
+1%
1 348
-15%
872
-35%
603
-31%
572
-5%
478
-16%
528
+10%
746
+41%
805
+8%
921
+14%
1 029
+12%
1 484
+44%
2 277
+53%
3 121
+37%
3 674
+18%
3 483
-5%
3 215
-8%
2 325
-28%
1 642
-29%
1 412
-14%
823
-42%
699
-15%
657
-6%
439
-33%
455
+4%
361
-21%
484
+34%
684
+41%
1 112
+62%
2 336
+110%
2 912
+25%
Operating Income
Operating Expenses
(773)
(816)
(853)
(864)
(812)
(818)
(803)
(918)
(940)
(854)
(846)
(856)
(600)
(218)
(584)
(670)
(1 000)
(1 037)
(1 090)
(970)
(943)
(734)
(1 858)
(641)
(539)
(660)
(694)
(682)
(674)
(663)
(638)
(668)
(668)
(678)
(686)
(673)
(612)
(596)
(4 169)
(4 186)
(4 263)
(725)
(764)
(774)
(768)
(765)
(739)
(712)
(651)
(663)
(667)
(638)
(772)
(897)
(1 441)
(1 503)
(1 520)
(924)
(817)
(746)
(752)
(676)
(673)
(658)
(573)
(604)
(615)
(584)
(587)
(688)
(778)
(839)
(862)
(803)
(846)
(812)
(768)
(650)
(616)
(626)
(626)
(602)
(302)
(279)
(304)
(566)
(319)
(345)
(574)
Selling, General & Administrative
(791)
(844)
(880)
(926)
(232)
(888)
(876)
(870)
(237)
(882)
(873)
(852)
(246)
(44)
(974)
(1 020)
(1 040)
(219)
(1 088)
(1 015)
(979)
(769)
(696)
(682)
(590)
(701)
(750)
(719)
(699)
(713)
(684)
(737)
(740)
(766)
(764)
(762)
(776)
(777)
(749)
(749)
(746)
(783)
(822)
(818)
(810)
(779)
(771)
(754)
(735)
(731)
(751)
(775)
(818)
(931)
(942)
(1 001)
(1 006)
(964)
(931)
(862)
(872)
(753)
(763)
(748)
(688)
(692)
(662)
(684)
(696)
(755)
(790)
(785)
(803)
(818)
(807)
(790)
(750)
(672)
(640)
(646)
(648)
(682)
(665)
(643)
(642)
(596)
(635)
(663)
(670)
Depreciation & Amortization
0
0
0
0
(388)
0
0
0
(387)
0
0
0
(281)
(70)
0
0
0
(281)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
18
27
26
61
(193)
70
73
(48)
(316)
28
27
(4)
(73)
(104)
390
350
40
(536)
(2)
47
37
36
(1 162)
42
52
41
56
36
24
50
46
70
73
88
79
90
164
181
(3 420)
(3 437)
(3 517)
57
59
44
42
15
31
42
85
68
84
137
46
33
(498)
(501)
(512)
40
115
118
120
77
91
91
115
88
47
100
109
67
12
(54)
(59)
14
(39)
(23)
(18)
22
24
20
22
80
363
365
338
30
316
318
96
Operating Income
476
N/A
949
+99%
1 180
+24%
1 685
+43%
2 106
+25%
2 016
-4%
2 015
0%
1 470
-27%
1 012
-31%
338
-67%
467
+38%
784
+68%
1 297
+65%
547
-58%
2 078
+280%
1 916
-8%
2 065
+8%
3 501
+70%
5 865
+68%
7 133
+22%
4 553
-36%
362
-92%
(2 731)
N/A
(2 728)
+0%
(844)
+69%
47
N/A
328
+598%
(192)
N/A
(869)
-353%
(761)
+12%
(771)
-1%
(972)
-26%
(950)
+2%
(1 084)
-14%
(1 273)
-17%
(1 120)
+12%
(592)
+47%
(306)
+48%
(3 799)
-1 142%
(3 366)
+11%
(3 170)
+6%
400
N/A
493
+23%
255
-48%
35
-86%
(198)
N/A
(200)
-1%
(93)
+54%
(5)
+95%
285
N/A
589
+107%
817
+39%
1 083
+33%
1 059
-2%
158
-85%
163
+3%
189
+16%
648
+243%
775
+20%
603
-22%
121
-80%
(73)
N/A
(101)
-38%
(180)
-78%
(45)
+75%
142
N/A
190
+34%
336
+77%
442
+31%
796
+80%
1 499
+88%
2 281
+52%
2 812
+23%
2 680
-5%
2 369
-12%
1 512
-36%
874
-42%
762
-13%
207
-73%
73
-65%
31
-57%
(163)
N/A
153
N/A
83
-46%
180
+117%
118
-34%
792
+571%
1 991
+151%
2 339
+17%
Pre-Tax Income
Interest Income Expense
(427)
(401)
(389)
(394)
(554)
(542)
(526)
(513)
(523)
(533)
(507)
(456)
(398)
(75)
(293)
(287)
(259)
(213)
(210)
(216)
(257)
(256)
(225)
(164)
(95)
(91)
(97)
(201)
(267)
(300)
(324)
(266)
(252)
(266)
(286)
(286)
(312)
(313)
(336)
(340)
(321)
(317)
(274)
(257)
(231)
(187)
(185)
(149)
(79)
(62)
(49)
(112)
(100)
(81)
(97)
(94)
(89)
(62)
(81)
(75)
(76)
(75)
(78)
(79)
(69)
(31)
(44)
(38)
(39)
9
(41)
(40)
(37)
1
(33)
(31)
(60)
(32)
(62)
(56)
(29)
36
(16)
(46)
(12)
39
6
34
10
Non-Reccuring Items
0
0
0
0
(52)
(52)
(52)
0
(23)
(30)
(30)
0
0
0
0
0
0
0
0
(1 192)
(2 255)
0
0
0
1 063
0
0
0
0
0
0
0
0
0
0
0
0
(3 600)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(537)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(117)
0
0
0
(81)
0
0
0
(49)
0
0
0
220
0
0
260
260
0
0
0
Total Other Income
0
0
0
0
0
0
0
0
0
(2)
(2)
(2)
(1)
0
2
2
1
(1)
0
0
1
0
1
1
0
0
0
0
0
0
0
0
(1)
0
(1)
0
1
0
1
0
0
1
0
0
0
0
0
0
(1)
0
(2)
(2)
(1)
0
0
0
0
0
(1)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Pre-Tax Income
49
N/A
548
+1 018%
791
+44%
1 291
+63%
1 500
+16%
1 422
-5%
1 437
+1%
957
-33%
466
-51%
(227)
N/A
(72)
+68%
326
N/A
898
+175%
472
-47%
1 787
+279%
1 631
-9%
1 807
+11%
3 287
+82%
5 655
+72%
5 725
+1%
2 042
-64%
106
-95%
(2 955)
N/A
(2 891)
+2%
124
N/A
(44)
N/A
231
N/A
(393)
N/A
(1 136)
-189%
(1 061)
+7%
(1 095)
-3%
(1 238)
-13%
(1 203)
+3%
(1 350)
-12%
(1 560)
-16%
(1 406)
+10%
(903)
+36%
(4 219)
-367%
(4 134)
+2%
(3 706)
+10%
(3 491)
+6%
84
N/A
219
+161%
(2)
N/A
(196)
-9 700%
(386)
-97%
(385)
+0%
(242)
+37%
(85)
+65%
223
N/A
538
+141%
703
+31%
982
+40%
441
-55%
61
-86%
69
+13%
100
+45%
585
+485%
693
+18%
527
-24%
44
-92%
(148)
N/A
(179)
-21%
(258)
-45%
(114)
+56%
111
N/A
146
+32%
298
+104%
403
+35%
688
+71%
1 458
+112%
2 241
+54%
2 776
+24%
2 600
-6%
2 335
-10%
1 482
-37%
814
-45%
681
-16%
145
-79%
17
-88%
2
-90%
93
+5 326%
137
+48%
36
-74%
427
+1 074%
417
-2%
798
+91%
2 025
+154%
2 348
+16%
Net Income
Tax Provision
(100)
(158)
(196)
(264)
(301)
(299)
(279)
(188)
(115)
(60)
(96)
(149)
(190)
(80)
(257)
(210)
(204)
(584)
(1 253)
(1 284)
(487)
(27)
742
710
(38)
(13)
(91)
85
151
80
88
41
(261)
(236)
(229)
(284)
(330)
(336)
(331)
(346)
(68)
(53)
(58)
(37)
(30)
(225)
(233)
(241)
(250)
(69)
(178)
(198)
(213)
(227)
(111)
(126)
(146)
(131)
(138)
(105)
(40)
(41)
(33)
(26)
(55)
(63)
(77)
(74)
(78)
(57)
(31)
(25)
(9)
6
6
15
10
6
7
(2)
4
3
(1)
(2)
(48)
(84)
(181)
(391)
(466)
Income from Continuing Operations
(51)
389
595
1 027
1 199
1 123
1 158
769
350
(287)
(168)
177
709
392
1 529
1 420
1 603
2 704
4 401
4 440
1 553
79
(2 215)
(2 183)
84
(56)
140
(308)
(984)
(980)
(1 006)
(1 196)
(1 463)
(1 586)
(1 788)
(1 689)
(1 232)
(4 555)
(4 465)
(4 052)
(3 559)
31
161
(39)
(226)
(611)
(618)
(483)
(335)
154
361
506
770
214
(49)
(56)
(45)
454
556
422
3
(189)
(212)
(285)
(169)
47
69
224
324
632
1 426
2 216
2 766
2 606
2 341
1 497
824
687
152
15
6
96
137
35
380
333
617
1 634
1 882
Income to Minority Interest
10
4
0
(2)
(1)
(1)
(1)
(1)
(1)
0
0
0
0
0
0
0
(1)
(2)
(6)
(5)
(1)
2
5
4
1
2
1
2
4
4
3
3
4
5
6
6
4
10
9
8
7
0
0
0
0
1
1
1
1
0
0
0
0
1
1
1
1
0
0
0
0
1
1
1
1
1
1
0
0
(1)
(3)
(4)
(5)
(4)
0
(1)
(0)
(1)
(0)
(0)
0
(0)
(0)
(0)
(0)
(0)
(1)
(2)
(2)
Net Income (Common)
(42)
N/A
273
N/A
415
+52%
724
+74%
868
+20%
823
-5%
852
+4%
569
-33%
262
-54%
(247)
N/A
(123)
+50%
183
N/A
654
+257%
392
-40%
1 445
+269%
1 387
-4%
1 602
+16%
2 701
+69%
4 426
+64%
4 436
+0%
1 553
-65%
81
-95%
(2 209)
N/A
(2 178)
+1%
85
N/A
(54)
N/A
141
N/A
(305)
N/A
(979)
-221%
(976)
+0%
(1 002)
-3%
(1 193)
-19%
(1 459)
-22%
(1 581)
-8%
(1 783)
-13%
(1 684)
+6%
(1 229)
+27%
(4 545)
-270%
(4 455)
+2%
(4 043)
+9%
(3 551)
+12%
31
N/A
161
+419%
(39)
N/A
(226)
-479%
(610)
-170%
(617)
-1%
(482)
+22%
(334)
+31%
154
N/A
360
+133%
505
+40%
769
+52%
214
-72%
(48)
N/A
(55)
-15%
(44)
+20%
455
N/A
556
+22%
422
-24%
3
-99%
(188)
N/A
(212)
-12%
(284)
-34%
(168)
+41%
48
N/A
70
+46%
224
+220%
324
+45%
631
+94%
1 423
+126%
2 212
+55%
2 761
+25%
2 602
-6%
2 339
-10%
1 496
-36%
824
-45%
686
-17%
152
-78%
15
-90%
6
-63%
96
+1 613%
137
+42%
35
-75%
379
+990%
333
-12%
616
+85%
1 632
+165%
1 880
+15%
EPS (Diluted)
-0.01
N/A
0.05
N/A
0.08
+60%
0.15
+87%
0.18
+20%
0.17
-6%
0.18
+6%
0.12
-33%
0.05
-58%
-0.04
N/A
-0.02
+50%
0.02
N/A
0.09
+350%
0.05
-44%
0.19
+280%
0.19
N/A
0.21
+11%
0.35
+67%
0.53
+51%
0.56
+6%
0.2
-64%
0.01
-95%
-0.27
N/A
-0.27
N/A
0.01
N/A
-0.01
N/A
0.02
N/A
-0.04
N/A
-0.12
-200%
-0.12
N/A
-0.12
N/A
-0.14
-17%
-0.18
-29%
-0.19
-6%
-0.22
-16%
-0.21
+5%
-0.15
+29%
-0.56
-273%
-0.55
+2%
-0.46
+16%
-0.44
+4%
0
N/A
0.01
N/A
-0.01
N/A
-0.03
-200%
-0.07
-133%
-0.07
N/A
-0.05
+29%
-0.03
+40%
0.02
N/A
0.06
+200%
0.07
+17%
0.1
+43%
0.03
-70%
-0.01
N/A
-0.01
N/A
-0.01
N/A
0.05
N/A
0.07
+40%
0.06
-14%
0.01
-83%
-0.02
N/A
-0.02
N/A
-0.03
-50%
-0.02
+33%
0.01
N/A
0.02
+100%
0.04
+100%
0.05
+25%
0.07
+40%
0.17
+143%
0.26
+53%
0.33
+27%
0.31
-6%
0.28
-10%
0.18
-36%
0.1
-44%
0.08
-20%
0.02
-75%
0
N/A
0
N/A
0.01
N/A
0.02
+100%
0
N/A
0.05
N/A
0.04
-20%
0.07
+75%
0.19
+171%
0.22
+16%

See Also

Summary
TSTH intrinsic value, competitors valuation, and company profile.
DCF Valuation
TSTH stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TSTH stock valuation using valuation multiples.
Wall Street Estimates
TSTH price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TSTH stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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