Tipco Asphalt PCLBKK:TASCO-F 83 Capex-to-Operating-Cash-Flow is 0.54 as of Mar. 2026, which is 125% above its 10-year median of 0.24. GuruFocus rates BKK:TASCO-F with a GF Score™ of 83/100 and a GF Value™ of ฿14.14. The stock has 6 warning signs investors should review. Among 272 Building Materials companies, Tipco Asphalt PCL ranks better than 81.99% 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.
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.
Tipco Asphalt PCL Capex-to-Operating-Cash-Flow Related Terms
Tipco Asphalt PCL Capex-to-Operating-Cash-Flow Historical Data
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The historical data trend for Tipco Asphalt 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.
BKK:TASCO-F vs CRH, VMC, MLM: Capex-to-Operating-Cash-Flow Comparison
For the Building Materials subindustry, Tipco Asphalt 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.
Tipco Asphalt PCL Capex-to-Operating-Cash-Flow vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Capex-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Tipco Asphalt PCL's Capex-to-Operating-Cash-Flow falls into.
* 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 0.54 mean?
Tipco Asphalt PCL (BKK:TASCO-F) has a Capex-to-Operating-Cash-Flow of 0.54 as of Mar. 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 Tipco Asphalt PCL and its competitors. This is 125% above median its historical median of 0.24. Over the past decade, Tipco Asphalt PCL's Capex-to-Operating-Cash-Flow has ranged from 0.10 to 0.69. According to the industry distribution chart, Tipco Asphalt PCL ranks #49 out of 272 companies in the Building Materials industry, placing it in the top 18%.
Is Tipco Asphalt PCL's Capex-to-Operating-Cash-Flow too high?
Tipco Asphalt PCL's current Capex-to-Operating-Cash-Flow of 0.54 is 125% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.69. The Building Materials industry median Capex-to-Operating-Cash-Flow is 0.47. Tipco Asphalt PCL's value of 0.54 is 16.1% above this industry median. Based on the distribution chart, Tipco Asphalt PCL ranks #49 out of 272 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Tipco Asphalt PCL has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's Capex-to-Operating-Cash-Flow compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tipco Asphalt PCL ranks #49 out of 272 companies for Capex-to-Operating-Cash-Flow. This places Tipco Asphalt PCL in the top 18% of its industry — outperforming the majority of peers. The industry median Capex-to-Operating-Cash-Flow is 0.47. Tipco Asphalt PCL's value of 0.54 is 16.1% above this benchmark. Historically, Tipco Asphalt PCL's own Capex-to-Operating-Cash-Flow has ranged from 0.10 to 0.69 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.47, Tipco Asphalt 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 Building Materials company?
The median Capex-to-Operating-Cash-Flow among Building Materials companies is 0.47, based on 272 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. Tipco Asphalt PCL's current Capex-to-Operating-Cash-Flow of 0.54 is 16.1% 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 Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median Capex-to-Operating-Cash-Flow is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current Capex-to-Operating-Cash-Flow is 0.54, which is 125% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-F) has a current Capex-to-Operating-Cash-Flow of 0.54. The stock's GF Value™ is ฿14.14, compared to a current price of ฿14.00 — trading 1% below its estimated fair value. The current Capex-to-Operating-Cash-Flow is 0.54, which is 125% above median its 10-year median of 0.24 and 16.1% above the Building Materials industry median of 0.47. Tipco Asphalt PCL's overall GF Score™ is 83/100 with 6 warning signs to review. 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 Tipco Asphalt PCL (BKK:TASCO-F), the current Capex-to-Operating-Cash-Flow is 0.54 as of Mar. 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.
Is Tipco Asphalt PCL (BKK:TASCO-F) Overvalued in 2026?
Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be undervalued.
The current stock price of ฿14.00 is trading 1% below its estimated GF Value™ of ฿14.14.
Key valuation signals for BKK:TASCO-F:
Capex-to-Operating-Cash-Flow: 0.54 (125% above median its 10-year median of 0.24)
GF Value™: ฿14.14 vs. price of ฿14.00 (1% below fair value)
Industry Position: 16.1% above the Building Materials median (#49 of 272)
No single metric tells the full story. See the BKK:TASCO-F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
83GF Score
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Capex-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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