Bangkok Expressway (BKK:BECL-R) Capex-to-Operating-Income: 0.55 (As of Sep. 2015)

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What is Bangkok Expressway Capex-to-Operating-Income?

Bangkok Expressway BKK:BECL-R Capex-to-Operating-Income is 0.55 as of Sep. 2015. The stock has 2 warning signs investors should review.

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

Bangkok Expressway's Capital Expenditure for the three months ended in Sep. 2015 was ฿-1,150.86 Mil. Its Operating Income for the three months ended in Sep. 2015 was ฿2,092.36 Mil.

Hence, Bangkok Expressway's Capex-to-Operating-Income for the three months ended in Sep. 2015 was 0.55.


Bangkok Expressway  (BKK:BECL-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.


Bangkok Expressway Capex-to-Operating-Income Related Terms


Bangkok Expressway Capex-to-Operating-Income Historical Data

* Premium members only.

The historical data trend for Bangkok Expressway'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.

Bangkok Expressway Capex-to-Operating-Income Chart

Bangkok Expressway Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.05 0.02 0.89 0.00

Bangkok Expressway Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 1.88 0.00 2.23 3.62 0.55

BKK:BECL-R vs GVA, PRIM: Capex-to-Operating-Income Comparison

For the Engineering & Construction subindustry, Bangkok Expressway'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.


Bangkok Expressway Capex-to-Operating-Income vs Construction Industry

For the Construction industry and Industrials sector, Bangkok Expressway's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Bangkok Expressway's Capex-to-Operating-Income falls into.



Bangkok Expressway Capex-to-Operating-Income Calculation

Bangkok Expressway's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2014 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-6659.783) / 0
=N/A

Bangkok Expressway's Capex-to-Operating-Income for the quarter that ended in Sep. 2015 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1150.856) / 2092.356
=0.55

* 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 0.55 mean?
Bangkok Expressway (BKK:BECL-R) has a Capex-to-Operating-Income of 0.55 as of Sep. 2015. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Bangkok Expressway and its competitors.
Is Bangkok Expressway's Capex-to-Operating-Income too high?
Bangkok Expressway's current Capex-to-Operating-Income is 0.55. The Construction industry median Capex-to-Operating-Income is 0.33. Bangkok Expressway's value of 0.55 is 66.7% above this industry median.
How does Bangkok Expressway's Capex-to-Operating-Income compare to GVA and PRIM?
Bangkok Expressway's Capex-to-Operating-Income of 0.55 can be compared against companies in the Construction industry. The industry median Capex-to-Operating-Income is 0.33. Bangkok Expressway's value of 0.55 is 66.7% above this benchmark. 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 Construction company?
The median Capex-to-Operating-Income among Construction companies is 0.33, based on 976 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. Bangkok Expressway's current Capex-to-Operating-Income of 0.55 is 66.7% 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 Bangkok Expressway and its competitors. For the Construction industry, the median Capex-to-Operating-Income is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Expressway's current Capex-to-Operating-Income is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Expressway stock overvalued right now?
Bangkok Expressway (BKK:BECL-R) has a current Capex-to-Operating-Income of 0.55. The current Capex-to-Operating-Income is 0.55 and 66.7% above the Construction industry median of 0.33. 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 Bangkok Expressway (BKK:BECL-R), the current Capex-to-Operating-Income is 0.55 as of Sep. 2015. 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.

Bangkok Expressway Business Description

Bangkok Expressway Public Company Limited engages in the design, construction, management, and operation of expressways in Thailand. The Company is engaged in the construction and management of Si Rat Expressway (Second Stage Expressway Project) and other extensions, including related businesses under the Second Stage Expressway agreement with the Expressway Authority of Thailand (EXAT); and the Udon Ratthaya Expressway under the Bang Pa-in-Pak Kret Expressway agreement entered into between EXAT and the Company.