S & P Syndicate PCL (BKK:SNP-R) Capex-to-Operating-Income: 2.00 (As of Mar. 2026) — 141% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BKK:SNP-R S & P Syndicate PCL BKK:SNP-R
65 GF Score
Price ฿9.45
GF Value ฿11.24
! 3 Warning Signs
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What is S & P Syndicate PCL Capex-to-Operating-Income?

S & P Syndicate PCL BKK:SNP-R 65 Capex-to-Operating-Income is 2.00 as of Mar. 2026, which is 141% above its 10-year median of 0.83. GuruFocus rates BKK:SNP-R with a GF Score™ of 65/100 and a GF Value™ of ฿11.24. The stock has 3 warning signs investors should review. Among 182 Restaurants companies, S & P Syndicate PCL ranks worse than 68.68% 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.

S & P Syndicate PCL's Capital Expenditure for the three months ended in Mar. 2026 was ฿-63.48 Mil. Its Operating Income for the three months ended in Mar. 2026 was ฿31.67 Mil.

Hence, S & P Syndicate PCL's Capex-to-Operating-Income for the three months ended in Mar. 2026 was 2.00.


S & P Syndicate PCL  (BKK:SNP-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.


S & P Syndicate PCL Capex-to-Operating-Income Related Terms


S & P Syndicate PCL Capex-to-Operating-Income Historical Data

* Premium members only.

The historical data trend for S & P Syndicate 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.

S & P Syndicate PCL Capex-to-Operating-Income Chart

S & P Syndicate 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 0.61 0.54 0.56 0.98

S & P Syndicate PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.44 2.25 0.84 0.46 2.00

BKK:SNP-R vs MCD, SBUX, YUM: Capex-to-Operating-Income Comparison

For the Restaurants subindustry, S & P Syndicate 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.


S & P Syndicate PCL Capex-to-Operating-Income vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, S & P Syndicate PCL's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where S & P Syndicate PCL's Capex-to-Operating-Income falls into.


BKK:SNP-R
65GF Score
S & P Syndicate PCL BKK:SNP-R
Capex-to-Operating-Income is just one metric. See GF Score™, valuation, warning signs, and more.
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S & P Syndicate PCL Capex-to-Operating-Income Calculation

S & P Syndicate 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
=- (-248.639) / 255.132
=0.97

S & P Syndicate PCL's Capex-to-Operating-Income for the quarter that ended in Mar. 2026 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-63.478) / 31.67
=2.00

* 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 2.00 mean?
S & P Syndicate PCL (BKK:SNP-R) has a Capex-to-Operating-Income of 2.00 as of Mar. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on S & P Syndicate PCL and its competitors. This is 141% above median its historical median of 0.83. Over the past decade, S & P Syndicate PCL's Capex-to-Operating-Income has ranged from 0.54 to 1.31. According to the industry distribution chart, S & P Syndicate PCL ranks #125 out of 182 companies in the Restaurants industry, placing it in the top 68.7%.
Is S & P Syndicate PCL's Capex-to-Operating-Income too high?
S & P Syndicate PCL's current Capex-to-Operating-Income of 2.00 is 141% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 1.31. The Restaurants industry median Capex-to-Operating-Income is 0.65. S & P Syndicate PCL's value of 2.00 is 207.7% above this industry median. Based on the distribution chart, S & P Syndicate PCL ranks #125 out of 182 companies in the Restaurants industry, which is below the industry midpoint. Overall, S & P Syndicate PCL has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does S & P Syndicate PCL's Capex-to-Operating-Income compare to MCD and SBUX?
According to the Restaurants industry distribution chart, S & P Syndicate PCL ranks #125 out of 182 companies for Capex-to-Operating-Income. This places S & P Syndicate PCL in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.65. S & P Syndicate PCL's value of 2.00 is 207.7% above this benchmark. Historically, S & P Syndicate PCL's own Capex-to-Operating-Income has ranged from 0.54 to 1.31 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.65, S & P Syndicate 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 Restaurants company?
The median Capex-to-Operating-Income among Restaurants companies is 0.65, based on 182 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. S & P Syndicate PCL's current Capex-to-Operating-Income of 2.00 is 207.7% 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 S & P Syndicate PCL and its competitors. For the Restaurants industry, the median Capex-to-Operating-Income is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S & P Syndicate PCL's current Capex-to-Operating-Income is 2.00, which is 141% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S & P Syndicate PCL stock overvalued right now?
S & P Syndicate PCL (BKK:SNP-R) has a current Capex-to-Operating-Income of 2.00. The stock's GF Value™ is ฿11.24, compared to a current price of ฿9.45 — trading 15.9% below its estimated fair value. The current Capex-to-Operating-Income is 2.00, which is 141% above median its 10-year median of 0.83 and 207.7% above the Restaurants industry median of 0.65. S & P Syndicate PCL's overall GF Score™ is 65/100 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 S & P Syndicate PCL (BKK:SNP-R), the current Capex-to-Operating-Income is 2.00 as of Mar. 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 S & P Syndicate PCL (BKK:SNP-R) Overvalued in 2026?

Based on GuruFocus' analysis, S & P Syndicate PCL stock appears to be undervalued. The current stock price of ฿9.45 is trading 15.9% below its estimated GF Value™ of ฿11.24.

Key valuation signals for BKK:SNP-R:

  • Capex-to-Operating-Income: 2.00 (141% above median its 10-year median of 0.83)
  • GF Value™: ฿11.24 vs. price of ฿9.45 (15.9% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 207.7% above the Restaurants median (#125 of 182)

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


S & P Syndicate PCL Business Description

Other Exchanges SNP:Thailand
Address New Petchburi Road, No 2034/100-103, 23 Floor, Italthai Tower, Bangkapi, Huaykwang, Bangkok, THA, 10310
S & P Syndicate PCL is engaged in the operations of a nationwide and international chain of restaurants and bakery shops, the production of bakery, frozen foods and other food products and food service-related businesses such as outside catering. Its products under Bakery include Pound Cake, Packaged Cake, Frozen Cake, Pastry, Sandwich and Bread, Cookies, Moon Cake, Thai Dessert, and Snack; Food Product include Thai Food, Frozen Quick Meal, Jelio Jelly, International Food, and Healthy Food; and Beverage Product include Coffee and Tea Bluecup, Drink Bottled Beverages, Fruit Juice, Fruit Juice (UHT), and Smoothie. Its segments include Domestic restaurants and bakery shops, Domestic Packaged food and bakery trading business, Overseas restaurants, and Others.
65GF Score

Get the complete analysis for BKK:SNP-R

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

฿9.45
Price
฿11.24
GF Value