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Pan Asia Footwear PCLBKK:PAF-R +1.68%48 Capex-to-Operating-Income is 0.25 as of Jun. 2026, which is 75% below its 10-year median of 0.99. GuruFocus rates BKK:PAF-R with a GF Score™ of 48/100 and a GF Value™ of ฿0.86 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 465 Manufacturing - Apparel & Accessories companies, Pan Asia Footwear PCL ranks better than 53.55% 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.
Pan Asia Footwear PCL (BKK:PAF-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.
Pan Asia Footwear PCL Capex-to-Operating-Income Related Terms
Pan Asia Footwear PCL Capex-to-Operating-Income Historical Data
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The historical data trend for Pan Asia Footwear 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.
Pan Asia Footwear PCL Capex-to-Operating-Income Chart
BKK:PAF-R vs NKE, DECK, ONON: Capex-to-Operating-Income Comparison
For the Footwear & Accessories subindustry, Pan Asia Footwear 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.
Pan Asia Footwear PCL Capex-to-Operating-Income vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pan Asia Footwear PCL's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Pan Asia Footwear PCL's Capex-to-Operating-Income 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-Income of 0.25 mean?
Pan Asia Footwear PCL (BKK:PAF-R) has a Capex-to-Operating-Income of 0.25 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 Pan Asia Footwear PCL and its competitors. This is 75% below median its historical median of 0.99. Over the past decade, Pan Asia Footwear PCL's Capex-to-Operating-Income has ranged from 0.16 to 2.42. According to the industry distribution chart, Pan Asia Footwear PCL ranks #216 out of 465 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 46.5%.
Is Pan Asia Footwear PCL's Capex-to-Operating-Income too high?
Pan Asia Footwear PCL's current Capex-to-Operating-Income of 0.25 is 75% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 2.42. The Manufacturing - Apparel & Accessories industry median Capex-to-Operating-Income is 0.47. Pan Asia Footwear PCL's value of 0.25 is 46.8% below this industry median. Based on the distribution chart, Pan Asia Footwear PCL ranks #216 out of 465 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Pan Asia Footwear PCL has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pan Asia Footwear PCL's Capex-to-Operating-Income compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Pan Asia Footwear PCL ranks #216 out of 465 companies for Capex-to-Operating-Income. This puts Pan Asia Footwear PCL in the upper half of its industry. The industry median Capex-to-Operating-Income is 0.47. Pan Asia Footwear PCL's value of 0.25 is 46.8% below this benchmark. Historically, Pan Asia Footwear PCL's own Capex-to-Operating-Income has ranged from 0.16 to 2.42 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.47, Pan Asia Footwear 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-Income for a Manufacturing - Apparel & Accessories company?
The median Capex-to-Operating-Income among Manufacturing - Apparel & Accessories companies is 0.47, based on 465 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. Pan Asia Footwear PCL's current Capex-to-Operating-Income of 0.25 is 46.8% 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-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 Pan Asia Footwear PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Capex-to-Operating-Income is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan Asia Footwear PCL's current Capex-to-Operating-Income is 0.25, which is 75% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Asia Footwear PCL stock overvalued right now?
Based on GuruFocus' analysis, Pan Asia Footwear PCL (BKK:PAF-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.86, compared to a current price of ฿0.99 — trading 15.1% above its estimated fair value. The current Capex-to-Operating-Income is 0.25, which is 75% below median its 10-year median of 0.99 and 46.8% below the Manufacturing - Apparel & Accessories industry median of 0.47. Pan Asia Footwear PCL's overall GF Score™ is 48/100 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-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For Pan Asia Footwear PCL (BKK:PAF-R), the current Capex-to-Operating-Income is 0.25 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 Pan Asia Footwear PCL (BKK:PAF-R) Overvalued in 2026?
Based on GuruFocus' analysis, Pan Asia Footwear PCL stock appears to be overvalued.
The current stock price of ฿0.99 is trading 15.1% above its estimated GF Value™ of ฿0.86.
GuruFocus considers Pan Asia Footwear PCL to be Modestly Overvalued.
Key valuation signals for BKK:PAF-R:
Capex-to-Operating-Income: 0.25 (75% below median its 10-year median of 0.99)
GF Value™: ฿0.86 vs. price of ฿0.99 (15.1% above fair value)
Industry Position: 46.8% below the Manufacturing - Apparel & Accessories median (#216 of 465)
No single metric tells the full story. See the BKK:PAF-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pan Asia Footwear PCL is engaged in Organic farming business, Manufacture, distribution and export of footwear and Distribution. Its segments include manufacture and distribution of footwear and bag, manufacture of soles and parts for footwear, Production support business, consisting of plastic parts injection, molds manufacture and repair, fabric manufacture and dyeing, and cutting board and eyelet, The organic farming business and others, and Distribution. It derives the majority of the revenue from manufacture and distribution of footwear and bag segment. It operates in geographical segments by selling both in local and oversea.
48GF Score
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Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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