Thai Mui PCL (BKK:THMUI) Current Ratio: 1.97 (As of Mar. 2026) — 22% Below Median


BKK:THMUI Thai Mui Corp PCL BKK:THMUI
50 GF Score
Price ฿0.31
GF Value ฿0.63
Valuation Possible Value Trap
! 2 Warning Signs
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What is Thai Mui PCL Current Ratio?

Thai Mui PCL BKK:THMUI 50 Current Ratio is 1.97 as of Mar. 2026, which is 22% below its 10-year median of 2.51. GuruFocus rates BKK:THMUI with a GF Score™ of 50/100 and a GF Value™ of ฿0.63 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 156 Industrial Distribution companies, Thai Mui PCL ranks worse than 50.64% 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. Thai Mui PCL's current ratio for the quarter that ended in Mar. 2026 was 1.97.

Thai Mui PCL has a current ratio of 1.97. It generally indicates good short-term financial strength.

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

BKK:THMUI' s Current Ratio Range Over the Past 10 Years
Min: 1.71   Med: 2.51   Max: 6.99
Current: 1.97

During the past 12 years, Thai Mui PCL's highest Current Ratio was 6.99. The lowest was 1.71. And the median was 2.51.

BKK:THMUI's Current Ratio is ranked worse than
50.64% of 156 companies
in the Industrial Distribution industry
Industry Median: 1.98 vs BKK:THMUI: 1.97

Thai Mui PCL  (BKK:THMUI) 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.


Thai Mui PCL Current Ratio Related Terms


Thai Mui PCL Current Ratio Historical Data

* Premium members only.

The historical data trend for Thai Mui 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.

Thai Mui PCL Current Ratio Chart

Thai Mui 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 2.56 2.40 2.25 1.81 1.81

Thai Mui 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 1.78 1.84 1.84 1.81 1.97

BKK:THMUI vs GWW, FAST, FERG: Current Ratio Comparison

For the Industrial Distribution subindustry, Thai Mui 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.


Thai Mui PCL Current Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Thai Mui PCL's Current Ratio distribution charts can be found below:

* The bar in red indicates where Thai Mui PCL's Current Ratio falls into.


BKK:THMUI
50GF Score
Thai Mui Corp PCL BKK:THMUI
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Mui 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.

Thai Mui 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 )
=449.267/247.657
=1.81

Thai Mui 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 )
=415.415/211.258
=1.97

* 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 1.97 mean?
Thai Mui PCL (BKK:THMUI) has a Current Ratio of 1.97 as of Mar. 2026. This is 22% below median its historical median of 2.51. Over the past decade, Thai Mui PCL's Current Ratio has ranged from 1.71 to 6.99. According to the industry distribution chart, Thai Mui PCL ranks #79 out of 156 companies in the Industrial Distribution industry, placing it in the top 50.6%.
Is Thai Mui PCL's Current Ratio too high?
Thai Mui PCL's current Current Ratio of 1.97 is 22% below median its 10-year median of 2.51. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 6.99. The Industrial Distribution industry median Current Ratio is 1.98. Thai Mui PCL's value of 1.97 is 0.5% below this industry median. Based on the distribution chart, Thai Mui PCL ranks #79 out of 156 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Thai Mui PCL has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thai Mui PCL's Current Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Thai Mui PCL ranks #79 out of 156 companies for Current Ratio. This places Thai Mui PCL in the lower half of its industry. The industry median Current Ratio is 1.98. Thai Mui PCL's value of 1.97 is 0.5% below this benchmark. Historically, Thai Mui PCL's own Current Ratio has ranged from 1.71 to 6.99 over the past decade. While the company's 10-year median is 2.51 vs. the industry median of 1.98, Thai Mui 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 Current Ratio for an Industrial Distribution company?
The median Current Ratio among Industrial Distribution companies is 1.98, based on 156 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. Thai Mui PCL's current Current Ratio of 1.97 is 0.5% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Distribution industry, the median Current Ratio is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Mui PCL's current Current Ratio is 1.97, which is 22% below median its own 10-year median of 2.51. 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?
Based on GuruFocus' analysis, Thai Mui PCL (BKK:THMUI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.31 — trading 50.8% below its estimated fair value. The current Current Ratio is 1.97, which is 22% below median its 10-year median of 2.51 and 0.5% below the Industrial Distribution industry median of 1.98. Thai Mui PCL's overall GF Score™ is 50/100 with 2 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 Thai Mui PCL (BKK:THMUI), the current Current Ratio is 1.97 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 Thai Mui PCL (BKK:THMUI) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Mui PCL stock appears to be undervalued. The current stock price of ฿0.31 is trading 50.8% below its estimated GF Value™ of ฿0.63. GuruFocus considers Thai Mui PCL to be Possible Value Trap.

Key valuation signals for BKK:THMUI:

  • Current Ratio: 1.97 (22% below median its 10-year median of 2.51)
  • GF Value™: ฿0.63 vs. price of ฿0.31 (50.8% below fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 0.5% below the Industrial Distribution median (#79 of 156)

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


Thai Mui PCL Business Description

Address 759 Chareonkrung Road, Taladnoi, Sumphantawong, Krung Thep Maha Nakhon, Bangkok, THA, 10100
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.
50GF Score

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

฿0.31
Price
฿0.63
GF Value