Union Petrochemical PCL (BKK:UKEM) Current Ratio: 1.42 (As of Mar. 2026) — 24% Below Median

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BKK:UKEM Union Petrochemical PCL BKK:UKEM
48 GF Score
Price ฿1.17
GF Value ฿0.71
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Union Petrochemical PCL Current Ratio?

Union Petrochemical PCL BKK:UKEM -1.68% 48 Current Ratio is 1.42 as of Mar. 2026, which is 24% below its 10-year median of 1.88. GuruFocus rates BKK:UKEM with a GF Score™ of 48/100 and a GF Value™ of ฿0.71 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,607 Chemicals companies, Union Petrochemical PCL ranks worse than 68.08% 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. Union Petrochemical PCL's current ratio for the quarter that ended in Mar. 2026 was 1.42.

Union Petrochemical PCL has a current ratio of 1.42. It generally indicates good short-term financial strength.

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

BKK:UKEM' s Current Ratio Range Over the Past 10 Years
Min: 1.26   Med: 1.88   Max: 2.26
Current: 1.42

During the past 13 years, Union Petrochemical PCL's highest Current Ratio was 2.26. The lowest was 1.26. And the median was 1.88.

BKK:UKEM's Current Ratio is ranked worse than
68.08% of 1607 companies
in the Chemicals industry
Industry Median: 1.88 vs BKK:UKEM: 1.42

Union Petrochemical PCL  (BKK:UKEM) 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.


Union Petrochemical PCL Current Ratio Related Terms


Union Petrochemical PCL Current Ratio Historical Data

* Premium members only.

The historical data trend for Union Petrochemical 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.

Union Petrochemical PCL Current Ratio Chart

Union Petrochemical 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 1.84 1.91 1.74 1.33 1.32

Union Petrochemical 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 1.26 1.27 1.31 1.32 1.42

BKK:UKEM vs DOW: Current Ratio Comparison

For the Chemicals subindustry, Union Petrochemical 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.


Union Petrochemical PCL Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Union Petrochemical PCL's Current Ratio distribution charts can be found below:

* The bar in red indicates where Union Petrochemical PCL's Current Ratio falls into.


BKK:UKEM
48GF Score
Union Petrochemical PCL BKK:UKEM
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Union Petrochemical 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.

Union Petrochemical 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 )
=1113.573/843.722
=1.32

Union Petrochemical 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 )
=1256.957/887.612
=1.42

* 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 1.42 mean?
Union Petrochemical PCL (BKK:UKEM) has a Current Ratio of 1.42 as of Mar. 2026. This is 24% below median its historical median of 1.88. Over the past decade, Union Petrochemical PCL's Current Ratio has ranged from 1.26 to 2.26. According to the industry distribution chart, Union Petrochemical PCL ranks #1094 out of 1607 companies in the Chemicals industry, placing it in the top 68.1%.
Is Union Petrochemical PCL's Current Ratio too high?
Union Petrochemical PCL's current Current Ratio of 1.42 is 24% below median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 2.26. The Chemicals industry median Current Ratio is 1.88. Union Petrochemical PCL's value of 1.42 is 24.5% below this industry median. Based on the distribution chart, Union Petrochemical PCL ranks #1094 out of 1607 companies in the Chemicals industry, which is below the industry midpoint. Overall, Union Petrochemical PCL has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Petrochemical PCL's Current Ratio compare to DOW?
According to the Chemicals industry distribution chart, Union Petrochemical PCL ranks #1094 out of 1607 companies for Current Ratio. This places Union Petrochemical PCL in the lower half of its industry. The industry median Current Ratio is 1.88. Union Petrochemical PCL's value of 1.42 is 24.5% below this benchmark. Historically, Union Petrochemical PCL's own Current Ratio has ranged from 1.26 to 2.26 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.88, Union Petrochemical 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 a Chemicals company?
The median Current Ratio among Chemicals companies is 1.88, based on 1,607 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. Union Petrochemical PCL's current Current Ratio of 1.42 is 24.5% 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 Chemicals industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Petrochemical PCL's current Current Ratio is 1.42, which is 24% below median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Petrochemical PCL stock overvalued right now?
Based on GuruFocus' analysis, Union Petrochemical PCL (BKK:UKEM) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.71, compared to a current price of ฿1.17 — trading 64.8% above its estimated fair value. The current Current Ratio is 1.42, which is 24% below median its 10-year median of 1.88 and 24.5% below the Chemicals industry median of 1.88. Union Petrochemical PCL's overall GF Score™ is 48/100 with 5 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 Union Petrochemical PCL (BKK:UKEM), the current Current Ratio is 1.42 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 Union Petrochemical PCL (BKK:UKEM) Overvalued in 2026?

Based on GuruFocus' analysis, Union Petrochemical PCL stock appears to be overvalued. The current stock price of ฿1.17 is trading 64.8% above its estimated GF Value™ of ฿0.71. GuruFocus considers Union Petrochemical PCL to be Significantly Overvalued.

Key valuation signals for BKK:UKEM:

  • Current Ratio: 1.42 (24% below median its 10-year median of 1.88)
  • GF Value™: ฿0.71 vs. price of ฿1.17 (64.8% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 24.5% below the Chemicals median (#1094 of 1607)

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


Union Petrochemical PCL Business Description

Address 728 Boromratchonnee Road, Union House Building, Kwang Bangbumru, Khet Bang Phalt, Bangkok, THA, 10700
Union Petrochemical PCL is principally engaged in the import and distribution of chemical products. The company is organized into three reportable segments: Commodity Chemicals segment, Specialty Chemicals segment, and Other segment. Some of its products are Methanol, Isopropyl alcohol, isobutyl alcohol, N-Butanol, Solvents 3040, Toluene, Mixed Xylene, Solvesso 100 Fluid, Solvesso 150 fluid, Solvesso 150 fluid, Butyl Acetate, Ethyl Acetate and Butyl, among others. The company has diversified into the logistics and storage sector. The group operates solely in Thailand and derives key revenue from the Commodity chemicals segment. The Group's business is operated in Thailand.
48GF Score

Get the complete analysis for BKK:UKEM

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

฿1.17
Price
฿0.71
GF Value