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Tirathai PCLBKK:TRT-R 57 Capex-to-Operating-Income is 0.25 as of Jun. 2026, which is 7% below its 10-year median of 0.27. GuruFocus rates BKK:TRT-R with a GF Score™ of 57/100 and a GF Value™ of ฿0.86. The stock has 4 warning signs investors should review. Among 1,806 Industrial Products companies, Tirathai PCL ranks worse than 56.15% 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.
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.
Tirathai PCL Capex-to-Operating-Income Related Terms
Tirathai PCL Capex-to-Operating-Income Historical Data
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The historical data trend for Tirathai 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:TRT-R vs VRT, BE: Capex-to-Operating-Income Comparison
For the Electrical Equipment & Parts subindustry, Tirathai 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.
Tirathai PCL Capex-to-Operating-Income vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tirathai PCL's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Tirathai 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 0.25 mean?
Tirathai PCL (BKK:TRT-R) has a Capex-to-Operating-Income of 0.25 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 Tirathai PCL and its competitors. This is near median its historical median of 0.27. Over the past decade, Tirathai PCL's Capex-to-Operating-Income has ranged from 0.08 to 2.70. According to the industry distribution chart, Tirathai PCL ranks #1014 out of 1806 companies in the Industrial Products industry, placing it in the top 56.1%.
Is Tirathai PCL's Capex-to-Operating-Income too high?
Tirathai PCL's current Capex-to-Operating-Income of 0.25 is near median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 2.70. The Industrial Products industry median Capex-to-Operating-Income is 0.47. Tirathai PCL's value of 0.25 is 46.8% below this industry median. Based on the distribution chart, Tirathai PCL ranks #1014 out of 1806 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tirathai PCL has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Tirathai PCL's Capex-to-Operating-Income compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tirathai PCL ranks #1014 out of 1806 companies for Capex-to-Operating-Income. This places Tirathai PCL in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.47. Tirathai PCL's value of 0.25 is 46.8% below this benchmark. Historically, Tirathai PCL's own Capex-to-Operating-Income has ranged from 0.08 to 2.70 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.47, Tirathai 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 an Industrial Products company?
The median Capex-to-Operating-Income among Industrial Products companies is 0.47, based on 1,806 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. Tirathai PCL's current Capex-to-Operating-Income of 0.25 is 46.8% 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 Tirathai PCL and its competitors. For the Industrial Products industry, the median Capex-to-Operating-Income is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirathai PCL's current Capex-to-Operating-Income is 0.25, which is near median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirathai PCL stock overvalued right now?
Tirathai PCL (BKK:TRT-R) has a current Capex-to-Operating-Income of 0.25. The stock's GF Value™ is ฿0.86, compared to a current price of ฿3.52 — trading 309.3% above its estimated fair value. The current Capex-to-Operating-Income is 0.25, which is near median its 10-year median of 0.27 and 46.8% below the Industrial Products industry median of 0.47. Tirathai PCL's overall GF Score™ is 57/100 with 4 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 Tirathai PCL (BKK:TRT-R), the current Capex-to-Operating-Income is 0.25 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 Tirathai PCL (BKK:TRT-R) Overvalued in 2026?
Based on GuruFocus' analysis, Tirathai PCL stock appears to be overvalued.
The current stock price of ฿3.52 is trading 309.3% above its estimated GF Value™ of ฿0.86.
Key valuation signals for BKK:TRT-R:
Capex-to-Operating-Income: 0.25 (near median its 10-year median of 0.27)
GF Value™: ฿0.86 vs. price of ฿3.52 (309.3% above fair value)
Industry Position: 46.8% below the Industrial Products median (#1014 of 1806)
No single metric tells the full story. See the BKK:TRT-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tirathai PCL is a Thailand-based company mainly involved in the business of manufacturing, repairing, and maintenance services of transformers and the sales of transformer equipment. In addition, it is also involved in general custom metalwork services. It offers Power transformers, Distribution transformers, and Special transformers. The company's operations are located in Thailand and other countries, of which key revenue is derived from Thailand.
57GF Score
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