2S Metal PCL (BKK:2S) Current Ratio: 4.08 (As of Mar. 2026) — Near Median

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BKK:2S 2S Metal PCL BKK:2S
69 GF Score
Price ฿3.08
GF Value ฿2.99
Valuation Fairly Valued
! 4 Warning Signs
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What is 2S Metal PCL Current Ratio?

2S Metal PCL BKK:2S 69 Current Ratio is 4.08 as of Mar. 2026, which is 2% above its 10-year median of 3.99. GuruFocus rates BKK:2S with a GF Score™ of 69/100 and a GF Value™ of ฿2.99 (Fairly Valued). The stock has 4 warning signs investors should review. Among 634 Steel companies, 2S Metal PCL ranks better than 82.81% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. 2S Metal PCL's current ratio for the quarter that ended in Mar. 2026 was 4.08.

2S Metal PCL has a current ratio of 4.08. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for 2S Metal PCL's Current Ratio or its related term are showing as below:

BKK:2S' s Current Ratio Range Over the Past 10 Years
Min: 1.83   Med: 3.99   Max: 12.97
Current: 4.08

During the past 13 years, 2S Metal PCL's highest Current Ratio was 12.97. The lowest was 1.83. And the median was 3.99.

BKK:2S's Current Ratio is ranked better than
82.81% of 634 companies
in the Steel industry
Industry Median: 1.63 vs BKK:2S: 4.08

2S Metal PCL  (BKK:2S) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


2S Metal PCL Current Ratio Related Terms


2S Metal PCL Current Ratio Historical Data

* Premium members only.

The historical data trend for 2S Metal PCL's Current Ratio 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.

2S Metal PCL Current Ratio Chart

2S Metal PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.74 6.88 11.45 12.34 5.83

2S Metal PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio 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 3.67 5.49 4.10 5.83 4.08

BKK:2S vs NUE, STLD, RS: Current Ratio Comparison

For the Steel subindustry, 2S Metal PCL's Current Ratio, along with its competitors' market caps and Current Ratio 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.


2S Metal PCL Current Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, 2S Metal PCL's Current Ratio distribution charts can be found below:

* The bar in red indicates where 2S Metal PCL's Current Ratio falls into.


BKK:2S
69GF Score
2S Metal PCL BKK:2S
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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2S Metal PCL Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

2S Metal PCL's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=1690.964/289.938
=5.83

2S Metal PCL's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=2063.042/505.138
=4.08

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 4.08 mean?
2S Metal PCL (BKK:2S) has a Current Ratio of 4.08 as of Mar. 2026. This is near median its historical median of 3.99. Over the past decade, 2S Metal PCL's Current Ratio has ranged from 1.83 to 12.97. According to the industry distribution chart, 2S Metal PCL ranks #109 out of 634 companies in the Steel industry, placing it in the top 17.2%.
Is 2S Metal PCL's Current Ratio too high?
2S Metal PCL's current Current Ratio of 4.08 is near median its 10-year median of 3.99. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 12.97. The Steel industry median Current Ratio is 1.63. 2S Metal PCL's value of 4.08 is 150.3% above this industry median. Based on the distribution chart, 2S Metal PCL ranks #109 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, 2S Metal PCL has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 2S Metal PCL's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, 2S Metal PCL ranks #109 out of 634 companies for Current Ratio. This places 2S Metal PCL in the top 17% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.63. 2S Metal PCL's value of 4.08 is 150.3% above this benchmark. Historically, 2S Metal PCL's own Current Ratio has ranged from 1.83 to 12.97 over the past decade. While the company's 10-year median is 3.99 vs. the industry median of 1.63, 2S Metal 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 Current Ratio for a Steel company?
The median Current Ratio among Steel companies is 1.63, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 2S Metal PCL's current Current Ratio of 4.08 is 150.3% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 2S Metal PCL's current Current Ratio is 4.08, which is near median its own 10-year median of 3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2S Metal PCL stock overvalued right now?
Based on GuruFocus' analysis, 2S Metal PCL (BKK:2S) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.99, compared to a current price of ฿3.08 — trading 3% above its estimated fair value. The current Current Ratio is 4.08, which is near median its 10-year median of 3.99 and 150.3% above the Steel industry median of 1.63. 2S Metal PCL's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For 2S Metal PCL (BKK:2S), the current Current Ratio is 4.08 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 2S Metal PCL (BKK:2S) Overvalued in 2026?

Based on GuruFocus' analysis, 2S Metal PCL stock appears to be overvalued. The current stock price of ฿3.08 is trading 3% above its estimated GF Value™ of ฿2.99. GuruFocus considers 2S Metal PCL to be Fairly Valued.

Key valuation signals for BKK:2S:

  • Current Ratio: 4.08 (near median its 10-year median of 3.99)
  • GF Value™: ฿2.99 vs. price of ฿3.08 (3% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 150.3% above the Steel median (#109 of 634)

No single metric tells the full story. See the BKK:2S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


2S Metal PCL Business Description

Address No. 8/5 Moo 14, Thachang Subdistrict, Bangklam District, Songkhla Province, Songkhla, THA, 90110
2S Metal PCL is a Thailand-based company engaged in the manufacture, distribution, and trade of steel products. It is mainly engaged in manufacturing steel pipes, steel plates, light lip channels, and steel wire mesh, and trading steel products. The company's operating segments are the trading of steel products, including raw materials, and the production and distribution of steel products. The majority of its revenue is generated from the production and distribution of steel products. Geographically, it derives maximum revenue from the local market and the rest from the Lao People's Democratic Republic.
69GF Score

Get the complete analysis for BKK:2S

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿3.08
Price
฿2.99
GF Value