Country Group Development PCL (BKK:CGD-R) Capex-to-Operating-Cash-Flow: 0.59 (As of Jun. 2026) — 38% Below Median

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What is Country Group Development PCL Capex-to-Operating-Cash-Flow?

Country Group Development PCL BKK:CGD-R Capex-to-Operating-Cash-Flow is 0.59 as of Jun. 2026, which is 38% below its 10-year median of 0.95. The stock has 4 warning signs investors should review. Among 729 Real Estate companies, Country Group Development PCL ranks worse than 95.2% on this metric.

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Country Group Development PCL's Capital Expenditure for the three months ended in Jun. 2026 was ฿-174.31 Mil. Its Cash Flow from Operations for the three months ended in Jun. 2026 was ฿294.57 Mil.

Hence, Country Group Development PCL's Capex-to-Operating-Cash-Flow for the three months ended in Jun. 2026 was 0.59.


Country Group Development PCL  (BKK:CGD-R) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Country Group Development PCL Capex-to-Operating-Cash-Flow Related Terms


Country Group Development PCL Capex-to-Operating-Cash-Flow Historical Data

* Premium members only.

The historical data trend for Country Group Development PCL's Capex-to-Operating-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Country Group Development PCL Capex-to-Operating-Cash-Flow Chart

Country Group Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.09 0.83 5.13

Country Group Development PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 1.46 0.59

Country Group Development PCL Capex-to-Operating-Cash-Flow Competitor Comparison

For the Real Estate - Development subindustry, Country Group Development PCL's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Country Group Development PCL Capex-to-Operating-Cash-Flow vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Country Group Development PCL's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Country Group Development PCL's Capex-to-Operating-Cash-Flow falls into.



Country Group Development PCL Capex-to-Operating-Cash-Flow Calculation

Country Group Development PCL's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-683.494) / 133.294
=5.13

Country Group Development PCL's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2026 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-174.314) / 294.574
=0.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Capex-to-Operating-Cash-Flow of 0.59 mean?
Country Group Development PCL (BKK:CGD-R) has a Capex-to-Operating-Cash-Flow of 0.59 as of Jun. 2026. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Country Group Development PCL and its competitors. This is 38% below median its historical median of 0.95. Over the past decade, Country Group Development PCL's Capex-to-Operating-Cash-Flow has ranged from 0.09 to 5.13. According to the industry distribution chart, Country Group Development PCL ranks #694 out of 729 companies in the Real Estate industry, placing it in the top 95.2%.
Is Country Group Development PCL's Capex-to-Operating-Cash-Flow too high?
Country Group Development PCL's current Capex-to-Operating-Cash-Flow of 0.59 is 38% below median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 5.13. The Real Estate industry median Capex-to-Operating-Cash-Flow is 0.09. Country Group Development PCL's value of 0.59 is 555.6% above this industry median. Based on the distribution chart, Country Group Development PCL ranks #694 out of 729 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Country Group Development PCL's Capex-to-Operating-Cash-Flow compare to competitors?
According to the Real Estate industry distribution chart, Country Group Development PCL ranks #694 out of 729 companies for Capex-to-Operating-Cash-Flow. This places Country Group Development PCL in the lower half of its industry. The industry median Capex-to-Operating-Cash-Flow is 0.09. Country Group Development PCL's value of 0.59 is 555.6% above this benchmark. Historically, Country Group Development PCL's own Capex-to-Operating-Cash-Flow has ranged from 0.09 to 5.13 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.09, Country Group Development PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Cash-Flow for a Real Estate company?
The median Capex-to-Operating-Cash-Flow among Real Estate companies is 0.09, based on 729 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Country Group Development PCL's current Capex-to-Operating-Cash-Flow of 0.59 is 555.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Cash-Flow mean?
A high Capex-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Country Group Development PCL and its competitors. For the Real Estate industry, the median Capex-to-Operating-Cash-Flow is 0.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Country Group Development PCL's current Capex-to-Operating-Cash-Flow is 0.59, which is 38% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Country Group Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Country Group Development PCL (BKK:CGD-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.10 — trading 150% above its estimated fair value. The current Capex-to-Operating-Cash-Flow is 0.59, which is 38% below median its 10-year median of 0.95 and 555.6% above the Real Estate industry median of 0.09. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Cash-Flow calculated?
Capex-to-Operating-Cash-Flow is calculated from a company's financial statements. For Country Group Development PCL (BKK:CGD-R), the current Capex-to-Operating-Cash-Flow is 0.59 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Country Group Development PCL Business Description

Other Exchanges CGD:Thailand
Address Ploenchit Road, Lumpini, 898 Ploenchit Tower, 20th floor, PathumWan, Bangkok, THA, 10330
Country Group Development PCL is a holding company investing in real estate. It operates in the business segments of Real estate development and investment property. The company's project includes Elements Srinakarin, Four Seasons private residences, Four Seasons Hotel, Capella, Anchorage Point, Rama III Residence, Chao Phraya Estate Project, and others. The firm derives its revenue from the Real estate development segment.