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Thai Nam Plastic PCLBKK:TNPC-R 40 Capex-to-Operating-Income is 0.52 as of Jun. 2026, which is 20% below its 10-year median of 0.65. GuruFocus rates BKK:TNPC-R with a GF Score™ of 40/100 and a GF Value™ of ฿0.87 (Fairly Valued). The stock has 5 warning signs investors should review. Among 832 Vehicles & Parts companies, Thai Nam Plastic PCL ranks worse than 120192.19% 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 Nam Plastic PCL (BKK:TNPC-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 Nam Plastic PCL Capex-to-Operating-Income Related Terms
Thai Nam Plastic PCL Capex-to-Operating-Income Historical Data
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The historical data trend for Thai Nam 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.
Thai Nam Plastic PCL Capex-to-Operating-Income Chart
BKK:TNPC-R vs ORLY, AZO: Capex-to-Operating-Income Comparison
For the Auto Parts subindustry, Thai Nam 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.
Thai Nam Plastic PCL Capex-to-Operating-Income vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Nam Plastic PCL's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Thai Nam Plastic 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 0.52 mean?
Thai Nam Plastic PCL (BKK:TNPC-R) has a Capex-to-Operating-Income of 0.52 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 Nam Plastic PCL and its competitors. This is 20% below median its historical median of 0.65. Over the past decade, Thai Nam Plastic PCL's Capex-to-Operating-Income has ranged from 0.16 to 1.30. According to the industry distribution chart, Thai Nam Plastic PCL ranks #999999 out of 832 companies in the Vehicles & Parts industry.
Is Thai Nam Plastic PCL's Capex-to-Operating-Income too high?
Thai Nam Plastic PCL's current Capex-to-Operating-Income of 0.52 is 20% below median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.30. The Vehicles & Parts industry median Capex-to-Operating-Income is 0.75. Thai Nam Plastic PCL's value of 0.52 is 30.2% below this industry median. Based on the distribution chart, Thai Nam Plastic PCL ranks #999999 out of 832 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Thai Nam Plastic PCL has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Nam Plastic PCL's Capex-to-Operating-Income compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thai Nam Plastic PCL ranks #999999 out of 832 companies for Capex-to-Operating-Income. This places Thai Nam Plastic PCL in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.75. Thai Nam Plastic PCL's value of 0.52 is 30.2% below this benchmark. Historically, Thai Nam Plastic PCL's own Capex-to-Operating-Income has ranged from 0.16 to 1.30 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.75, Thai Nam Plastic 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 Vehicles & Parts company?
The median Capex-to-Operating-Income among Vehicles & Parts companies is 0.75, based on 832 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 Nam Plastic PCL's current Capex-to-Operating-Income of 0.52 is 30.2% 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 Thai Nam Plastic PCL and its competitors. For the Vehicles & Parts industry, the median Capex-to-Operating-Income is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Nam Plastic PCL's current Capex-to-Operating-Income is 0.52, which is 20% below median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Nam Plastic PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Nam Plastic PCL (BKK:TNPC-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.87, compared to a current price of ฿0.93 — trading 6.9% above its estimated fair value. The current Capex-to-Operating-Income is 0.52, which is 20% below median its 10-year median of 0.65 and 30.2% below the Vehicles & Parts industry median of 0.75. Thai Nam Plastic PCL's overall GF Score™ is 40/100 with 5 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 Nam Plastic PCL (BKK:TNPC-R), the current Capex-to-Operating-Income is 0.52 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 Nam Plastic PCL (BKK:TNPC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Nam Plastic PCL stock appears to be overvalued.
The current stock price of ฿0.93 is trading 6.9% above its estimated GF Value™ of ฿0.87.
GuruFocus considers Thai Nam Plastic PCL to be Fairly Valued.
Key valuation signals for BKK:TNPC-R:
Capex-to-Operating-Income: 0.52 (20% below median its 10-year median of 0.65)
GF Value™: ฿0.87 vs. price of ฿0.93 (6.9% above fair value)
Industry Position: 30.2% below the Vehicles & Parts median (#999999 of 832)
No single metric tells the full story. See the BKK:TNPC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Nam Plastic PCL engages in the production and distribution of flexible plastic, synthetic leather, and car mats. The Group's main business operations are the manufacture and distribution of semi-finished plastic products, synthetic leather, and film/sheet for the industries of Automotive, sports shoes, furniture, and fashionable leather, and flexible film/sheet for applications in household, civil engineering, and agricultural functions. The company has domestic and international areas, with the majority of revenue from Domestic.
40GF Score
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