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Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
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.
Sahamit Machinery PCL Capex-to-Operating-Income Related Terms
Sahamit Machinery PCL Capex-to-Operating-Income Historical Data
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The historical data trend for Sahamit Machinery 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.
BKK:SMIT-R vs NUE, STLD, RS: Capex-to-Operating-Income Comparison
For the Steel subindustry, Sahamit Machinery 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.
Sahamit Machinery PCL Capex-to-Operating-Income vs Steel Industry
For the Steel industry and Basic Materials sector, Sahamit Machinery PCL's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Sahamit Machinery 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 0.07 mean?
Sahamit Machinery PCL (BKK:SMIT-R) has a Capex-to-Operating-Income of 0.07 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 Sahamit Machinery PCL and its competitors. This is 65% below median its historical median of 0.20. Over the past decade, Sahamit Machinery PCL's Capex-to-Operating-Income has ranged from 0.09 to 0.59. According to the industry distribution chart, Sahamit Machinery PCL ranks #74 out of 291 companies in the Steel industry, placing it in the top 25.4%.
Is Sahamit Machinery PCL's Capex-to-Operating-Income too high?
Sahamit Machinery PCL's current Capex-to-Operating-Income of 0.07 is 65% below median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.59. The Steel industry median Capex-to-Operating-Income is 0.61. Sahamit Machinery PCL's value of 0.07 is 88.5% below this industry median. Based on the distribution chart, Sahamit Machinery PCL ranks #74 out of 291 companies in the Steel industry, which is above the industry midpoint. Overall, Sahamit Machinery PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Sahamit Machinery PCL's Capex-to-Operating-Income compare to NUE and STLD?
According to the Steel industry distribution chart, Sahamit Machinery PCL ranks #74 out of 291 companies for Capex-to-Operating-Income. This puts Sahamit Machinery PCL in the upper half of its industry. The industry median Capex-to-Operating-Income is 0.61. Sahamit Machinery PCL's value of 0.07 is 88.5% below this benchmark. Historically, Sahamit Machinery PCL's own Capex-to-Operating-Income has ranged from 0.09 to 0.59 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.61, Sahamit Machinery 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 Steel company?
The median Capex-to-Operating-Income among Steel companies is 0.61, based on 291 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. Sahamit Machinery PCL's current Capex-to-Operating-Income of 0.07 is 88.5% 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 Sahamit Machinery PCL and its competitors. For the Steel industry, the median Capex-to-Operating-Income is 0.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sahamit Machinery PCL's current Capex-to-Operating-Income is 0.07, which is 65% below median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahamit Machinery PCL stock overvalued right now?
Sahamit Machinery PCL (BKK:SMIT-R) has a current Capex-to-Operating-Income of 0.07. The stock's GF Value™ is ฿3.68, compared to a current price of ฿3.60 — trading 2.2% below its estimated fair value. The current Capex-to-Operating-Income is 0.07, which is 65% below median its 10-year median of 0.20 and 88.5% below the Steel industry median of 0.61. Sahamit Machinery PCL's overall GF Score™ is 74/100 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 Sahamit Machinery PCL (BKK:SMIT-R), the current Capex-to-Operating-Income is 0.07 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 Sahamit Machinery PCL (BKK:SMIT-R) Overvalued in 2026?
Based on GuruFocus' analysis, Sahamit Machinery PCL stock appears to be undervalued.
The current stock price of ฿3.60 is trading 2.2% below its estimated GF Value™ of ฿3.68.
Key valuation signals for BKK:SMIT-R:
Capex-to-Operating-Income: 0.07 (65% below median its 10-year median of 0.20)
GF Value™: ฿3.68 vs. price of ฿3.60 (2.2% below fair value)
Industry Position: 88.5% below the Steel median (#74 of 291)
No single metric tells the full story. See the BKK:SMIT-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sahamit Machinery PCL is engaged in the distribution of industrial machinery and equipment. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others consisting of Pulp & paper, Electrical engineering and Machineries and equipment for wood industry. The company mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.
74GF Score
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