Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
SPRC.BK
Strong BuyFull HouseAPPROVEStar Petroleum Refining Public Company Limited · Energy · Thailand · $1.8B · Avg Vol: $13M/d
Star Petroleum Refining benefits directly from the structural re-rating of geopolitical risk in the Middle East. As Brent crude sustains above $100/bbl and regional supply chains remain volatile, refining margins are protected by scarcity-driven premiums. The company acts as a vital fuel security hub in Southeast Asia, providing defensible, high-margin utility-like cash flows during supply-constrained energy regimes.
COMPANY DESCRIPTION
Star Petroleum Refining Public Company Limited engages in refinery and petroleum product distribution in Thailand and internationally. It offers petroleum products, including liquefied petroleum gas, gasoline, jet fuel, diesel, fuel oil, asphalt, and other products.
FINANCIAL SUMMARY (THB)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 281.3B | 261.9B | 266.0B | 241.3B | -5.0% | 254.5B | 280.6B | 265.9B | 5.0% |
| EPS (THB) | 1.77 | -0.28 | 0.52 | 0.59 | -30.7% | 3.90 | 3.90 | 1.41 | 54.5% |
| Shares | 4.3B | 4.3B | 4.3B | 4.3B | 0.0% | 4.3B | — | — | — |
| Debt | 9.7B | 14.2B | 9.5B | 5.6B | -16.9% | 5.2B | — | — | — |
| Equity | 38.7B | 42.8B | 39.1B | 37.9B | -0.7% | — | — | — | — |
| Op CF | 155.6M | 7.5B | 12.9B | 8.3B | 277.1% | 14.4B | — | — | — |
| Inv CF | -278.3M | -1.2B | -7.0B | -2.1B | — | — | — | — | — |
| Fin CF | -3.3B | -5.2B | -6.6B | -5.9B | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of SPRC.BK are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| SPRC.BK | Star Petroleum Refining Public Company Limited(you) | $1.8B | 100 | Strong Buy |
| IRPC.BK | IRPC Public Company Limited | $2.0B | 93 | Strong Buy |
| BCP.BK | Bangchak Corporation Public Company Limited | $2.6B | 93 | Strong Buy |
| TOP.BK | Thai Oil Public Company Limited | $4.5B | 89 | Strong Buy |
| SGP.BK | Siamgas and Petrochemicals Public Company Limited | $492M | 84 | Strong Buy |
| SUSCO.BK | Susco Public Company Limited | $76M | 95 | Strong Buy |
| OR.BK | PTT Oil and Retail Business Public Company Limited | $4.6B | 32 | Sell |
| SEAOIL.BK | Sea Oil Public Company Limited | $77M | 58 | Hold |
| PRM.BK | Prima Marine Public Company Limited | $666M | 82 | Strong Buy |
| LANNA.BK | Lanna Resources Public Company Limited | $238M | 94 | Strong Buy |
Peer medians: ROE 12.1% · P/E 8.0x · Gross margin 11.8%