Aapico Hitech PCL (BKK:AH-R) Capex-to-Operating-Income: 5.11 (As of Jun. 2026) — 140% Above Median

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BKK:AH-R Aapico Hitech PCL BKK:AH-R
84 GF Score
Price ฿15.66
GF Value ฿15.12
! 5 Warning Signs
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What is Aapico Hitech PCL Capex-to-Operating-Income?

Aapico Hitech PCL BKK:AH-R -1.56% 84 Capex-to-Operating-Income is 5.11 as of Jun. 2026, which is 140% above its 10-year median of 2.13. GuruFocus rates BKK:AH-R with a GF Score™ of 84/100 and a GF Value™ of ฿15.12. The stock has 5 warning signs investors should review. Among 830 Vehicles & Parts companies, Aapico Hitech PCL ranks worse than 90.6% on this metric.

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Aapico Hitech PCL's Capital Expenditure for the three months ended in Jun. 2026 was ฿-483.82 Mil. Its Operating Income for the three months ended in Jun. 2026 was ฿94.68 Mil.

Hence, Aapico Hitech PCL's Capex-to-Operating-Income for the three months ended in Jun. 2026 was 5.11.


Aapico Hitech PCL  (BKK:AH-R) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Aapico Hitech PCL Capex-to-Operating-Income Related Terms


Aapico Hitech PCL Capex-to-Operating-Income Historical Data

* Premium members only.

The historical data trend for Aapico Hitech PCL's Capex-to-Operating-Income 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.

Aapico Hitech PCL Capex-to-Operating-Income Chart

Aapico Hitech PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 0.66 0.53 2.10 2.43

Aapico Hitech 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-Income 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 4.01 3.36 5.82 1.84 5.11

BKK:AH-R vs ORLY, AZO: Capex-to-Operating-Income Comparison

For the Auto Parts subindustry, Aapico Hitech PCL's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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.


Aapico Hitech PCL Capex-to-Operating-Income vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aapico Hitech PCL's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Aapico Hitech PCL's Capex-to-Operating-Income falls into.


BKK:AH-R
84GF Score
Aapico Hitech PCL BKK:AH-R
Capex-to-Operating-Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Aapico Hitech PCL Capex-to-Operating-Income Calculation

Aapico Hitech PCL's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1237.647) / 509.808
=2.43

Aapico Hitech PCL's Capex-to-Operating-Income for the quarter that ended in Jun. 2026 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-483.824) / 94.679
=5.11

* 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-Income of 5.11 mean?
Aapico Hitech PCL (BKK:AH-R) has a Capex-to-Operating-Income of 5.11 as of Jun. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Aapico Hitech PCL and its competitors. This is 140% above median its historical median of 2.13. Over the past decade, Aapico Hitech PCL's Capex-to-Operating-Income has ranged from 0.53 to 13.59. According to the industry distribution chart, Aapico Hitech PCL ranks #752 out of 830 companies in the Vehicles & Parts industry, placing it in the top 90.6%.
Is Aapico Hitech PCL's Capex-to-Operating-Income too high?
Aapico Hitech PCL's current Capex-to-Operating-Income of 5.11 is 140% above median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 13.59. The Vehicles & Parts industry median Capex-to-Operating-Income is 0.74. Aapico Hitech PCL's value of 5.11 is 590.5% above this industry median. Based on the distribution chart, Aapico Hitech PCL ranks #752 out of 830 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Aapico Hitech PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Aapico Hitech PCL's Capex-to-Operating-Income compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Aapico Hitech PCL ranks #752 out of 830 companies for Capex-to-Operating-Income. This places Aapico Hitech PCL in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.74. Aapico Hitech PCL's value of 5.11 is 590.5% above this benchmark. Historically, Aapico Hitech PCL's own Capex-to-Operating-Income has ranged from 0.53 to 13.59 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 0.74, Aapico Hitech 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-Income for a Vehicles & Parts company?
The median Capex-to-Operating-Income among Vehicles & Parts companies is 0.74, based on 830 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aapico Hitech PCL's current Capex-to-Operating-Income of 5.11 is 590.5% 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-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Aapico Hitech PCL and its competitors. For the Vehicles & Parts industry, the median Capex-to-Operating-Income is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aapico Hitech PCL's current Capex-to-Operating-Income is 5.11, which is 140% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aapico Hitech PCL stock overvalued right now?
Aapico Hitech PCL (BKK:AH-R) has a current Capex-to-Operating-Income of 5.11. The stock's GF Value™ is ฿15.12, compared to a current price of ฿15.66 — trading 3.6% above its estimated fair value. The current Capex-to-Operating-Income is 5.11, which is 140% above median its 10-year median of 2.13 and 590.5% above the Vehicles & Parts industry median of 0.74. Aapico Hitech PCL's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For Aapico Hitech PCL (BKK:AH-R), the current Capex-to-Operating-Income is 5.11 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 Aapico Hitech PCL (BKK:AH-R) Overvalued in 2026?

Based on GuruFocus' analysis, Aapico Hitech PCL stock appears to be overvalued. The current stock price of ฿15.66 is trading 3.6% above its estimated GF Value™ of ฿15.12.

Key valuation signals for BKK:AH-R:

  • Capex-to-Operating-Income: 5.11 (140% above median its 10-year median of 2.13)
  • GF Value™: ฿15.12 vs. price of ฿15.66 (3.6% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 590.5% above the Vehicles & Parts median (#752 of 830)

No single metric tells the full story. See the BKK:AH-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aapico Hitech PCL Business Description

Other Exchanges AH:Thailand
Address Tambol Ban Lane, 99 Moo 1 Hitech Industrial Estate, Ampur Bang Pa-in, Ayutthya, THA, 13160
Aapico Hitech PCL is a manufacturing company. The business activity of the firm is organized into business units based on their products and services and has three reported segments which are the Manufacture of auto parts; Sales of automobiles and the provision of automobile repair service; and Others. It manufactures products such as Jigs, Stamping dies, and Original equipment manufacturing auto parts, including Floor parts, Cross members, Pillars, Brackets, Clips, and Fuel tanks. Geographically the firm has its presence in the region of Thailand, China, Malaysia, and Portugal from which it derives the majority of its revenue from Thailand. The majority of its revenue is derived from the Manufacture of automobile assembly tools and parts segment.
84GF Score

Get the complete analysis for BKK:AH-R

Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿15.66
Price
฿15.12
GF Value