Panjawattana Plastic PCL (BKK:PJW-R) Capex-to-Operating-Income: 1.83 (As of Jun. 2026) — 43% Above Median

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BKK:PJW-R Panjawattana Plastic PCL BKK:PJW-R
76 GF Score
Price ฿2.02
GF Value ฿2.96
Valuation Possible Value Trap
! 3 Warning Signs
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What is Panjawattana Plastic PCL Capex-to-Operating-Income?

Panjawattana Plastic PCL BKK:PJW-R 76 Capex-to-Operating-Income is 1.83 as of Jun. 2026, which is 43% above its 10-year median of 1.28. GuruFocus rates BKK:PJW-R with a GF Score™ of 76/100 and a GF Value™ of ฿2.96 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 243 Packaging & Containers companies, Panjawattana Plastic PCL ranks worse than 75.31% 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.

Panjawattana Plastic PCL's Capital Expenditure for the three months ended in Jun. 2026 was ฿-77.34 Mil. Its Operating Income for the three months ended in Jun. 2026 was ฿42.25 Mil.

Hence, Panjawattana Plastic PCL's Capex-to-Operating-Income for the three months ended in Jun. 2026 was 1.83.


Panjawattana Plastic PCL  (BKK:PJW-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.


Panjawattana Plastic PCL Capex-to-Operating-Income Related Terms


Panjawattana Plastic PCL Capex-to-Operating-Income Historical Data

* Premium members only.

The historical data trend for Panjawattana Plastic 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.

Panjawattana Plastic PCL Capex-to-Operating-Income Chart

Panjawattana Plastic 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 0.80 1.18 1.20 1.66 1.35

Panjawattana Plastic 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 1.59 0.82 2.30 2.01 1.83

BKK:PJW-R vs SW, AMCR, PKG: Capex-to-Operating-Income Comparison

For the Packaging & Containers subindustry, Panjawattana Plastic 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.


Panjawattana Plastic PCL Capex-to-Operating-Income vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Panjawattana Plastic PCL's Capex-to-Operating-Income distribution charts can be found below:

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


BKK:PJW-R
76GF Score
Panjawattana Plastic PCL BKK:PJW-R
Capex-to-Operating-Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panjawattana Plastic PCL Capex-to-Operating-Income Calculation

Panjawattana Plastic 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
=- (-343.432) / 254.225
=1.35

Panjawattana Plastic 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
=- (-77.34) / 42.246
=1.83

* 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 1.83 mean?
Panjawattana Plastic PCL (BKK:PJW-R) has a Capex-to-Operating-Income of 1.83 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 Panjawattana Plastic PCL and its competitors. This is 43% above median its historical median of 1.28. Over the past decade, Panjawattana Plastic PCL's Capex-to-Operating-Income has ranged from 0.80 to 10.76. According to the industry distribution chart, Panjawattana Plastic PCL ranks #183 out of 243 companies in the Packaging & Containers industry, placing it in the top 75.3%.
Is Panjawattana Plastic PCL's Capex-to-Operating-Income too high?
Panjawattana Plastic PCL's current Capex-to-Operating-Income of 1.83 is 43% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 10.76. The Packaging & Containers industry median Capex-to-Operating-Income is 0.69. Panjawattana Plastic PCL's value of 1.83 is 165.2% above this industry median. Based on the distribution chart, Panjawattana Plastic PCL ranks #183 out of 243 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Panjawattana Plastic PCL has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Panjawattana Plastic PCL's Capex-to-Operating-Income compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Panjawattana Plastic PCL ranks #183 out of 243 companies for Capex-to-Operating-Income. This places Panjawattana Plastic PCL in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.69. Panjawattana Plastic PCL's value of 1.83 is 165.2% above this benchmark. Historically, Panjawattana Plastic PCL's own Capex-to-Operating-Income has ranged from 0.80 to 10.76 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.69, Panjawattana Plastic 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 Packaging & Containers company?
The median Capex-to-Operating-Income among Packaging & Containers companies is 0.69, based on 243 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. Panjawattana Plastic PCL's current Capex-to-Operating-Income of 1.83 is 165.2% 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 Panjawattana Plastic PCL and its competitors. For the Packaging & Containers industry, the median Capex-to-Operating-Income is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panjawattana Plastic PCL's current Capex-to-Operating-Income is 1.83, which is 43% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panjawattana Plastic PCL stock overvalued right now?
Based on GuruFocus' analysis, Panjawattana Plastic PCL (BKK:PJW-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.96, compared to a current price of ฿2.02 — trading 31.8% below its estimated fair value. The current Capex-to-Operating-Income is 1.83, which is 43% above median its 10-year median of 1.28 and 165.2% above the Packaging & Containers industry median of 0.69. Panjawattana Plastic PCL's overall GF Score™ is 76/100 with 3 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 Panjawattana Plastic PCL (BKK:PJW-R), the current Capex-to-Operating-Income is 1.83 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 Panjawattana Plastic PCL (BKK:PJW-R) Overvalued in 2026?

Based on GuruFocus' analysis, Panjawattana Plastic PCL stock appears to be undervalued. The current stock price of ฿2.02 is trading 31.8% below its estimated GF Value™ of ฿2.96. GuruFocus considers Panjawattana Plastic PCL to be Possible Value Trap.

Key valuation signals for BKK:PJW-R:

  • Capex-to-Operating-Income: 1.83 (43% above median its 10-year median of 1.28)
  • GF Value™: ฿2.96 vs. price of ฿2.02 (31.8% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 165.2% above the Packaging & Containers median (#183 of 243)

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


Panjawattana Plastic PCL Business Description

Other Exchanges PJW:Thailand
Address Ekachai Road, No. 19 and 21 Soi Ekachai 63, Kwang Klong Bangbon, Khet Bangbon, Bangkok, THA, 10150
Panjawattana Plastic PCL is manufacturer and distributor of packaging for consumer product, Agro chemical, automotive parts and materials from plastic imitation. The company operates its business through the following segments, Samuthsakhon Plant, Chonburi Plant, Bangkok Plant, Jiangsu Plant, Tianjin Plant, Service, and the Business trading segment. It produces and supplies plastic containers and closures such as lubricant packaging, milk and yoghurt packaging, consumer goods packaging and chemicals liquid packaging, and plastic automotive parts of high quality and with custom designs according to clients' requirements for each of their specific brands.
76GF Score

Get the complete analysis for BKK:PJW-R

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

฿2.02
Price
฿2.96
GF Value