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Techno Medical PCLBKK:TM-R 76 Capex-to-Operating-Cash-Flow is 0.03 as of Mar. 2026, which is 77% below its 10-year median of 0.13. GuruFocus rates BKK:TM-R with a GF Score™ of 76/100 and a GF Value™ of ฿2.99. The stock has 6 warning signs investors should review. Among 70 Medical Distribution companies, Techno Medical PCL ranks better than 98.57% 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.
Hence, Techno Medical PCL's Capex-to-Operating-Cash-Flow for the
three
months ended in Mar. 2026 was 0.03.
Techno Medical PCL (BKK:TM-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.
Techno Medical PCL Capex-to-Operating-Cash-Flow Related Terms
Techno Medical PCL Capex-to-Operating-Cash-Flow Historical Data
* Premium members only.
The historical data trend for Techno Medical 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.
Techno Medical PCL Capex-to-Operating-Cash-Flow Chart
BKK:TM-R vs MCK, CAH, COR: Capex-to-Operating-Cash-Flow Comparison
For the Medical Distribution subindustry, Techno Medical 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.
Techno Medical PCL Capex-to-Operating-Cash-Flow vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Techno Medical PCL's Capex-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Techno Medical 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 0.03 mean?
Techno Medical PCL (BKK:TM-R) has a Capex-to-Operating-Cash-Flow of 0.03 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 Techno Medical PCL and its competitors. This is 77% below median its historical median of 0.13. Over the past decade, Techno Medical PCL's Capex-to-Operating-Cash-Flow has ranged from 0.01 to 8.25. According to the industry distribution chart, Techno Medical PCL ranks #1 out of 70 companies in the Medical Distribution industry, placing it in the top 1.4%.
Is Techno Medical PCL's Capex-to-Operating-Cash-Flow too high?
Techno Medical PCL's current Capex-to-Operating-Cash-Flow of 0.03 is 77% below median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 8.25. The Medical Distribution industry median Capex-to-Operating-Cash-Flow is 0.28. Techno Medical PCL's value of 0.03 is 89.3% below this industry median. Based on the distribution chart, Techno Medical PCL ranks #1 out of 70 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Techno Medical PCL has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Techno Medical PCL's Capex-to-Operating-Cash-Flow compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, Techno Medical PCL ranks #1 out of 70 companies for Capex-to-Operating-Cash-Flow. This places Techno Medical PCL in the top 1% of its industry — outperforming the majority of peers. The industry median Capex-to-Operating-Cash-Flow is 0.28. Techno Medical PCL's value of 0.03 is 89.3% below this benchmark. Historically, Techno Medical PCL's own Capex-to-Operating-Cash-Flow has ranged from 0.01 to 8.25 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.28, Techno Medical PCL has consistently been below 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 Medical Distribution company?
The median Capex-to-Operating-Cash-Flow among Medical Distribution companies is 0.28, based on 70 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. Techno Medical PCL's current Capex-to-Operating-Cash-Flow of 0.03 is 89.3% below 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 Techno Medical PCL and its competitors. For the Medical Distribution industry, the median Capex-to-Operating-Cash-Flow is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Medical PCL's current Capex-to-Operating-Cash-Flow is 0.03, which is 77% below median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Medical PCL stock overvalued right now?
Techno Medical PCL (BKK:TM-R) has a current Capex-to-Operating-Cash-Flow of 0.03. The stock's GF Value™ is ฿2.99, compared to a current price of ฿2.32 — trading 22.4% below its estimated fair value. The current Capex-to-Operating-Cash-Flow is 0.03, which is 77% below median its 10-year median of 0.13 and 89.3% below the Medical Distribution industry median of 0.28. Techno Medical PCL's overall GF Score™ is 76/100 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 Techno Medical PCL (BKK:TM-R), the current Capex-to-Operating-Cash-Flow is 0.03 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 Techno Medical PCL (BKK:TM-R) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Medical PCL stock appears to be undervalued.
The current stock price of ฿2.32 is trading 22.4% below its estimated GF Value™ of ฿2.99.
Key valuation signals for BKK:TM-R:
Capex-to-Operating-Cash-Flow: 0.03 (77% below median its 10-year median of 0.13)
GF Value™: ฿2.99 vs. price of ฿2.32 (22.4% below fair value)
Industry Position: 89.3% below the Medical Distribution median (#1 of 70)
No single metric tells the full story. See the BKK:TM-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Medical PCL is a Thailand-based company engaged in the trading business of medical supplies, tools, and equipment. The business activity of the group is import and distribution of operating instruments and disposable supplies, central sterile supply department products, instrument and supply used in laboratory and blood bank, and equipment and tools for heart surgery. Its segments consist of Disposable Equipment and Supplies, Sales of Medical Equipment and Instruments and Services related to Nursing Care. Maximum of revenue is Sales of Disposable Equipment and Supplies.
76GF Score
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