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Zen Group PCLBKK:ZEN-R 85 Capex-to-Operating-Income is 0.39 as of Jun. 2026, which is 58% below its 10-year median of 0.92. GuruFocus rates BKK:ZEN-R with a GF Score™ of 85/100 and a GF Value™ of ฿6.39 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 187 Restaurants companies, Zen Group PCL ranks better than 55.08% 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.
Zen Group PCL (BKK:ZEN-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.
Zen Group PCL Capex-to-Operating-Income Related Terms
Zen Group PCL Capex-to-Operating-Income Historical Data
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The historical data trend for Zen Group 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:ZEN-R vs MCD, SBUX, CMG: Capex-to-Operating-Income Comparison
For the Restaurants subindustry, Zen Group 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.
Zen Group PCL Capex-to-Operating-Income vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Zen Group PCL's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Zen Group 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 0.39 mean?
Zen Group PCL (BKK:ZEN-R) has a Capex-to-Operating-Income of 0.39 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 Zen Group PCL and its competitors. This is 58% below median its historical median of 0.92. Over the past decade, Zen Group PCL's Capex-to-Operating-Income has ranged from 0.56 to 2.38. According to the industry distribution chart, Zen Group PCL ranks #84 out of 187 companies in the Restaurants industry, placing it in the top 44.9%.
Is Zen Group PCL's Capex-to-Operating-Income too high?
Zen Group PCL's current Capex-to-Operating-Income of 0.39 is 58% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 2.38. The Restaurants industry median Capex-to-Operating-Income is 0.64. Zen Group PCL's value of 0.39 is 39.1% below this industry median. Based on the distribution chart, Zen Group PCL ranks #84 out of 187 companies in the Restaurants industry, which is above the industry midpoint. Overall, Zen Group PCL has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zen Group PCL's Capex-to-Operating-Income compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Zen Group PCL ranks #84 out of 187 companies for Capex-to-Operating-Income. This puts Zen Group PCL in the upper half of its industry. The industry median Capex-to-Operating-Income is 0.64. Zen Group PCL's value of 0.39 is 39.1% below this benchmark. Historically, Zen Group PCL's own Capex-to-Operating-Income has ranged from 0.56 to 2.38 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.64, Zen Group 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 Restaurants company?
The median Capex-to-Operating-Income among Restaurants companies is 0.64, based on 187 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. Zen Group PCL's current Capex-to-Operating-Income of 0.39 is 39.1% 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 Zen Group PCL and its competitors. For the Restaurants industry, the median Capex-to-Operating-Income is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zen Group PCL's current Capex-to-Operating-Income is 0.39, which is 58% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zen Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Zen Group PCL (BKK:ZEN-R) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿6.39, compared to a current price of ฿5.36 — trading 16.1% below its estimated fair value. The current Capex-to-Operating-Income is 0.39, which is 58% below median its 10-year median of 0.92 and 39.1% below the Restaurants industry median of 0.64. Zen Group PCL's overall GF Score™ is 85/100 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 Zen Group PCL (BKK:ZEN-R), the current Capex-to-Operating-Income is 0.39 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 Zen Group PCL (BKK:ZEN-R) Overvalued in 2026?
Based on GuruFocus' analysis, Zen Group PCL stock appears to be undervalued.
The current stock price of ฿5.36 is trading 16.1% below its estimated GF Value™ of ฿6.39.
GuruFocus considers Zen Group PCL to be Modestly Undervalued.
Key valuation signals for BKK:ZEN-R:
Capex-to-Operating-Income: 0.39 (58% below median its 10-year median of 0.92)
GF Value™: ฿6.39 vs. price of ฿5.36 (16.1% below fair value)
Industry Position: 39.1% below the Restaurants median (#84 of 187)
No single metric tells the full story. See the BKK:ZEN-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zen Corp Group PCL is engaged in providing management services to its subsidiaries and restaurants. It offers Japanese food, ranging from premium sushi and Yakiniku restaurants to contemporary Japanese cafes. The company operates ZEN Japanese Restaurant, Musha, AKA, On the Table, and Sushi Cyu. The company operates in only one segment which is the Food business. The majority of the revenue is generated from the sales of food and beverages in Thailand.
85GF Score
Get the complete analysis for BKK:ZEN-R
Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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