Salee Industry PCL (BKK:SALEE-R) Capex-to-Operating-Income: 0.23 (As of Jun. 2026) — 90% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SALEE-R Salee Industry PCL BKK:SALEE-R
50 GF Score
Price ฿0.56
GF Value ฿0.48
! 2 Warning Signs
View Full Analysis

What is Salee Industry PCL Capex-to-Operating-Income?

Salee Industry PCL BKK:SALEE-R -1.11% 50 Capex-to-Operating-Income is 0.23 as of Jun. 2026, which is 90% below its 10-year median of 2.29. GuruFocus rates BKK:SALEE-R with a GF Score™ of 50/100 and a GF Value™ of ฿0.48. The stock has 2 warning signs investors should review. Among 920 Chemicals companies, Salee Industry PCL ranks worse than 50.43% 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.

Salee Industry PCL's Capital Expenditure for the three months ended in Jun. 2026 was ฿-7.44 Mil. Its Operating Income for the three months ended in Jun. 2026 was ฿32.31 Mil.

Hence, Salee Industry PCL's Capex-to-Operating-Income for the three months ended in Jun. 2026 was 0.23.


Salee Industry PCL  (BKK:SALEE-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.


Salee Industry PCL Capex-to-Operating-Income Related Terms


Salee Industry PCL Capex-to-Operating-Income Historical Data

* Premium members only.

The historical data trend for Salee Industry 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.

Salee Industry PCL Capex-to-Operating-Income Chart

Salee Industry 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 0.00 0.72 3.27 0.00 1.56

Salee Industry 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 2.53 0.00 1.67 0.46 0.23

BKK:SALEE-R vs LIN, SHW, ECL: Capex-to-Operating-Income Comparison

For the Specialty Chemicals subindustry, Salee Industry 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.


Salee Industry PCL Capex-to-Operating-Income vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Salee Industry PCL's Capex-to-Operating-Income distribution charts can be found below:

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


BKK:SALEE-R
50GF Score
Salee Industry PCL BKK:SALEE-R
Capex-to-Operating-Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salee Industry PCL Capex-to-Operating-Income Calculation

Salee Industry 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
=- (-50.014) / 32.043
=1.56

Salee Industry 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
=- (-7.437) / 32.305
=0.23

* 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 0.23 mean?
Salee Industry PCL (BKK:SALEE-R) has a Capex-to-Operating-Income of 0.23 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 Salee Industry PCL and its competitors. This is 90% below median its historical median of 2.29. Over the past decade, Salee Industry PCL's Capex-to-Operating-Income has ranged from 0.61 to 4.92. According to the industry distribution chart, Salee Industry PCL ranks #464 out of 920 companies in the Chemicals industry, placing it in the top 50.4%.
Is Salee Industry PCL's Capex-to-Operating-Income too high?
Salee Industry PCL's current Capex-to-Operating-Income of 0.23 is 90% below median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 4.92. The Chemicals industry median Capex-to-Operating-Income is 0.60. Salee Industry PCL's value of 0.23 is 61.7% below this industry median. Based on the distribution chart, Salee Industry PCL ranks #464 out of 920 companies in the Chemicals industry, which is below the industry midpoint. Overall, Salee Industry PCL has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Salee Industry PCL's Capex-to-Operating-Income compare to LIN and SHW?
According to the Chemicals industry distribution chart, Salee Industry PCL ranks #464 out of 920 companies for Capex-to-Operating-Income. This places Salee Industry PCL in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.60. Salee Industry PCL's value of 0.23 is 61.7% below this benchmark. Historically, Salee Industry PCL's own Capex-to-Operating-Income has ranged from 0.61 to 4.92 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 0.60, Salee Industry 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 Chemicals company?
The median Capex-to-Operating-Income among Chemicals companies is 0.60, based on 920 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. Salee Industry PCL's current Capex-to-Operating-Income of 0.23 is 61.7% 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 Salee Industry PCL and its competitors. For the Chemicals industry, the median Capex-to-Operating-Income is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salee Industry PCL's current Capex-to-Operating-Income is 0.23, which is 90% below median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salee Industry PCL stock overvalued right now?
Salee Industry PCL (BKK:SALEE-R) has a current Capex-to-Operating-Income of 0.23. The stock's GF Value™ is ฿0.48, compared to a current price of ฿0.56 — trading 17.4% above its estimated fair value. The current Capex-to-Operating-Income is 0.23, which is 90% below median its 10-year median of 2.29 and 61.7% below the Chemicals industry median of 0.60. Salee Industry PCL's overall GF Score™ is 50/100 with 2 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 Salee Industry PCL (BKK:SALEE-R), the current Capex-to-Operating-Income is 0.23 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 Salee Industry PCL (BKK:SALEE-R) Overvalued in 2026?

Based on GuruFocus' analysis, Salee Industry PCL stock appears to be overvalued. The current stock price of ฿0.56 is trading 17.4% above its estimated GF Value™ of ฿0.48.

Key valuation signals for BKK:SALEE-R:

  • Capex-to-Operating-Income: 0.23 (90% below median its 10-year median of 2.29)
  • GF Value™: ฿0.48 vs. price of ฿0.56 (17.4% above fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 61.7% below the Chemicals median (#464 of 920)

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


Salee Industry PCL Business Description

Other Exchanges SALEE:Thailand
Address No. 18 Moo 10, Tumbol Klong Si, Amphur Klong Luang, Pathumthani, THA, 12120
Salee Industry PCL, along with its subsidiaries, is engaged in the manufacturing and distribution of plastic containers, parts, tools, equipment, and household plastic supplies by using vacuum forming and injection molding methods. Additionally, it offers label printing services. The Group's reportable operating segments are: Label printing service, which generates maximum revenue, Manufacture and distribution of plastic parts, Manufacture and distribution of household plastic supplies, and Manufacture and distribution of religious supplies.
50GF Score

Get the complete analysis for BKK:SALEE-R

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

฿0.56
Price
฿0.48
GF Value