Bangchak Corporation (BCP) Stock Price, Fundamentals & Analysis

Bangchak Corporation (BCP) is a Thai energy company headquartered in Bangkok, listed on the Stock Exchange of Thailand. Its core business is refining and marketing petroleum products, and it also produces green electricity, biofuels, and operates in areas such as solar power, ethanol, battery-swapping for electric motorcycles, and synthetic biology through precision fermentation. The company operates across Thailand, Singapore, Norway, Korea, Laos, and internationally, and is a constituent of the SET50 index.

What BCP does

Bangchak runs a diversified energy model built around several segments: Refinery and Oil Trading, Marketing, Electricity, Bio-Based Product, and Natural Resource. The refining and marketing of petroleum products remains the backbone, with products sold through oil traders. Beyond conventional oil and gas, the company invests in alternative energy — solar power plants and rooftop businesses, hydropower, and green electricity generation — as well as oil terminals, seaports, district cooling systems, and real estate for lease. This mix makes it a hybrid of a traditional refiner and a broader energy group, sitting alongside peers such as Thai Oil (TOP), PTT Oil and Retail Business (OR), and PTT Exploration and Production (PTTEP).

Key numbers explained

• Market cap of 80.46B THB — the total market value of the company's shares, placing it among Thailand's larger listed energy firms.
• P/E ratio of 3.7 (trailing) and 5.4 (forward) — the share price divided by earnings per share; a low figure means investors pay relatively little per unit of current earnings, though refiners often trade at low multiples.
• EPS of 14.91 THB over the trailing 12 months — the profit attributable to each share.
• Dividend yield of 7.36% — annual dividends relative to the share price; a high yield, though only 7% of earnings are paid out, suggesting the payout could vary with results.
• Beta of 0.28 — historically the stock has moved much less than the overall market.
• 52-week range of 24.2 – 60.75 THB with a 76% gain over the year — the price has risen sharply, now at 55 THB (down 2.22% today).
• Revenue of 573.18B THB, up 45.9% year over year, with a 3.8% profit margin — typical of refining, where large revenues come with thin margins.
• Return on equity of 25.5% and a price-to-book of 0.97 — the company earns strongly on shareholder capital, and the shares trade near book value; note the 150.5% debt-to-equity ratio.

What to watch

Refining businesses are cyclical: margins depend on the gap between crude oil costs and refined product prices, so results can swing widely. Energy prices, global supply and demand, and refining capacity in Asia all influence profitability. The company's green energy and bio-based segments add growth options but also execution risk. Its high leverage means interest costs matter. The next earnings date is Nov 5, 2026, and the ex-dividend date is Sep 7, 2026 — both are routine events investors typically track. Regional peers such as ConocoPhillips (COP) and CNOOC Limited (600938) offer context for how energy companies trade globally.