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WHA PCLBKK:WHA-R 82 Capex-to-Operating-Cash-Flow is 0.43 as of Jun. 2026, which is 22% below its 10-year median of 0.55. GuruFocus rates BKK:WHA-R with a GF Score™ of 82/100 and a GF Value™ of ฿3.84. The stock has 8 warning signs investors should review. Among 722 Real Estate companies, WHA PCL ranks worse than 91.83% 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.
WHA PCL Capex-to-Operating-Cash-Flow Related Terms
WHA PCL Capex-to-Operating-Cash-Flow Historical Data
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The historical data trend for WHA 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:WHA-R vs CBRE, BEKE, JLL: Capex-to-Operating-Cash-Flow Comparison
For the Real Estate Services subindustry, WHA 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.
WHA PCL Capex-to-Operating-Cash-Flow vs Real Estate Industry
For the Real Estate industry and Real Estate sector, WHA PCL's Capex-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where WHA 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 0.43 mean?
WHA PCL (BKK:WHA-R) has a Capex-to-Operating-Cash-Flow of 0.43 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 WHA PCL and its competitors. This is 22% below median its historical median of 0.55. Over the past decade, WHA PCL's Capex-to-Operating-Cash-Flow has ranged from 0.18 to 1.58. According to the industry distribution chart, WHA PCL ranks #663 out of 722 companies in the Real Estate industry, placing it in the top 91.8%.
Is WHA PCL's Capex-to-Operating-Cash-Flow too high?
WHA PCL's current Capex-to-Operating-Cash-Flow of 0.43 is 22% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.58. The Real Estate industry median Capex-to-Operating-Cash-Flow is 0.09. WHA PCL's value of 0.43 is 377.8% above this industry median. Based on the distribution chart, WHA PCL ranks #663 out of 722 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, WHA PCL has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does WHA PCL's Capex-to-Operating-Cash-Flow compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, WHA PCL ranks #663 out of 722 companies for Capex-to-Operating-Cash-Flow. This places WHA PCL in the lower half of its industry. The industry median Capex-to-Operating-Cash-Flow is 0.09. WHA PCL's value of 0.43 is 377.8% above this benchmark. Historically, WHA PCL's own Capex-to-Operating-Cash-Flow has ranged from 0.18 to 1.58 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.09, WHA 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 722 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. WHA PCL's current Capex-to-Operating-Cash-Flow of 0.43 is 377.8% 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 WHA 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. WHA PCL's current Capex-to-Operating-Cash-Flow is 0.43, which is 22% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA PCL stock overvalued right now?
WHA PCL (BKK:WHA-R) has a current Capex-to-Operating-Cash-Flow of 0.43. The stock's GF Value™ is ฿3.84, compared to a current price of ฿4.19 — trading 9.1% above its estimated fair value. The current Capex-to-Operating-Cash-Flow is 0.43, which is 22% below median its 10-year median of 0.55 and 377.8% above the Real Estate industry median of 0.09. WHA PCL's overall GF Score™ is 82/100 with 8 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 WHA PCL (BKK:WHA-R), the current Capex-to-Operating-Cash-Flow is 0.43 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.
Is WHA PCL (BKK:WHA-R) Overvalued in 2026?
Based on GuruFocus' analysis, WHA PCL stock appears to be overvalued.
The current stock price of ฿4.19 is trading 9.1% above its estimated GF Value™ of ฿3.84.
Key valuation signals for BKK:WHA-R:
Capex-to-Operating-Cash-Flow: 0.43 (22% below median its 10-year median of 0.55)
GF Value™: ฿3.84 vs. price of ฿4.19 (9.1% above fair value)
Industry Position: 377.8% above the Real Estate median (#663 of 722)
No single metric tells the full story. See the BKK:WHA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WHA Corp PCL is engaged in providing rent and sale of lands, buildings, factories, warehouses, and other properties; developing and managing properties in industrial estates and industrial zones; providing public utilities, facilities, and other related services; and providing digital services, data center, Internet connection, and other IT services. The company operates in four segments domestically: Real Estate, Power, Water, and Others; and three segments internationally: Real Estate, Water, and Others. It generates the majority of its revenue from the Real Estate segment in the form of leases & services, and sales. Geographically, it operates in the domestic market and the overseas market.
82GF 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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