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Thai Mui PCLBKK:THMUI-R 48 Capex-to-Operating-Income is 0.46 as of Jun. 2026, which is 45% below its 10-year median of 0.83. GuruFocus rates BKK:THMUI-R with a GF Score™ of 48/100 and a GF Value™ of ฿0.50. The stock has 2 warning signs investors should review. Among 108 Industrial Distribution companies, Thai Mui PCL ranks better than 65.74% 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.
Thai Mui PCL (BKK:THMUI-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.
Thai Mui PCL Capex-to-Operating-Income Related Terms
Thai Mui PCL Capex-to-Operating-Income Historical Data
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The historical data trend for Thai Mui 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:THMUI-R vs GWW, FAST, FERG: Capex-to-Operating-Income Comparison
For the Industrial Distribution subindustry, Thai Mui 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.
Thai Mui PCL Capex-to-Operating-Income vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Thai Mui PCL's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Thai Mui 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 0.46 mean?
Thai Mui PCL (BKK:THMUI-R) has a Capex-to-Operating-Income of 0.46 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 Thai Mui PCL and its competitors. This is 45% below median its historical median of 0.83. Over the past decade, Thai Mui PCL's Capex-to-Operating-Income has ranged from 0.09 to 2.51. According to the industry distribution chart, Thai Mui PCL ranks #37 out of 108 companies in the Industrial Distribution industry, placing it in the top 34.3%.
Is Thai Mui PCL's Capex-to-Operating-Income too high?
Thai Mui PCL's current Capex-to-Operating-Income of 0.46 is 45% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 2.51. The Industrial Distribution industry median Capex-to-Operating-Income is 0.25. Thai Mui PCL's value of 0.46 is 84% above this industry median. Based on the distribution chart, Thai Mui PCL ranks #37 out of 108 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Thai Mui PCL has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Thai Mui PCL's Capex-to-Operating-Income compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Thai Mui PCL ranks #37 out of 108 companies for Capex-to-Operating-Income. This puts Thai Mui PCL in the upper half of its industry. The industry median Capex-to-Operating-Income is 0.25. Thai Mui PCL's value of 0.46 is 84% above this benchmark. Historically, Thai Mui PCL's own Capex-to-Operating-Income has ranged from 0.09 to 2.51 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.25, Thai Mui 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 an Industrial Distribution company?
The median Capex-to-Operating-Income among Industrial Distribution companies is 0.25, based on 108 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. Thai Mui PCL's current Capex-to-Operating-Income of 0.46 is 84% 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 Thai Mui PCL and its competitors. For the Industrial Distribution industry, the median Capex-to-Operating-Income is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Mui PCL's current Capex-to-Operating-Income is 0.46, which is 45% below 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 Thai Mui PCL stock overvalued right now?
Thai Mui PCL (BKK:THMUI-R) has a current Capex-to-Operating-Income of 0.46. The stock's GF Value™ is ฿0.50, compared to a current price of ฿0.32 — trading 36% below its estimated fair value. The current Capex-to-Operating-Income is 0.46, which is 45% below median its 10-year median of 0.83 and 84% above the Industrial Distribution industry median of 0.25. Thai Mui PCL's overall GF Score™ is 48/100 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 Thai Mui PCL (BKK:THMUI-R), the current Capex-to-Operating-Income is 0.46 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 Thai Mui PCL (BKK:THMUI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Mui PCL stock appears to be undervalued.
The current stock price of ฿0.32 is trading 36% below its estimated GF Value™ of ฿0.50.
Key valuation signals for BKK:THMUI-R:
Capex-to-Operating-Income: 0.46 (45% below median its 10-year median of 0.83)
GF Value™: ฿0.50 vs. price of ฿0.32 (36% below fair value)
Industry Position: 84% above the Industrial Distribution median (#37 of 108)
No single metric tells the full story. See the BKK:THMUI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Mui Corp PCL is engaged in the retail and wholesale of ironware, wire rope, saw, and pipe, and provides loop wire rope and equipment installation and inspection, plumbing contractor project, and construction of a water quality improvement business for shrimp farm. Its products include Wire rope, Skate, Soft sling, Hook, etc. The company's segments are Sales and service and Project work. The key revenue is derived from the sale of wire rope and lifting equipment, including replacement and installation, and providing technical inspection, testing, and analysis equipment activity. The group operates in Thailand.
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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