Starflex PCL (BKK:SFLEX) Debt-to-Equity: 0.63 (As of Jun. 2026) — 97% Above Median

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BKK:SFLEX Starflex PCL BKK:SFLEX
84 GF Score
Price ฿3.22
GF Value ฿3.49
Valuation Fairly Valued
! 5 Warning Signs
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What is Starflex PCL Debt-to-Equity?

Starflex PCL BKK:SFLEX 84 Debt-to-Equity is 0.63 as of Jun. 2026, which is 97% above its 10-year median of 0.32. GuruFocus rates BKK:SFLEX with a GF Score™ of 84/100 and a GF Value™ of ฿3.49 (Fairly Valued). The stock has 5 warning signs investors should review. Among 365 Packaging & Containers companies, Starflex PCL ranks worse than 57.26% on this metric.

Starflex PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿512 Mil. Starflex PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿249 Mil. Starflex PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿1,216 Mil. Starflex PCL's debt to equity for the quarter that ended in Jun. 2026 was 0.63.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Starflex PCL's Debt-to-Equity or its related term are showing as below:

BKK:SFLEX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.32   Max: 0.73
Current: 0.63

During the past 10 years, the highest Debt-to-Equity Ratio of Starflex PCL was 0.73. The lowest was 0.07. And the median was 0.32.

BKK:SFLEX's Debt-to-Equity is ranked worse than
57.26% of 365 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs BKK:SFLEX: 0.63

Starflex PCL  (BKK:SFLEX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Starflex PCL Debt-to-Equity Related Terms


Starflex PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Starflex PCL's Debt-to-Equity 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.

Starflex PCL Debt-to-Equity Chart

Starflex PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.29 0.65 0.60 0.57

Starflex PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity 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 0.61 0.64 0.57 0.54 0.63

BKK:SFLEX vs SW, PKG, IP: Debt-to-Equity Comparison

For the Packaging & Containers subindustry, Starflex PCL's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Starflex PCL Debt-to-Equity vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Starflex PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Starflex PCL's Debt-to-Equity falls into.


BKK:SFLEX
84GF Score
Starflex PCL BKK:SFLEX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Starflex PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Starflex PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Starflex PCL's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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 Debt-to-Equity →
What does a Debt-to-Equity of 0.63 mean?
Starflex PCL (BKK:SFLEX) has a Debt-to-Equity of 0.63 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Starflex PCL and its competitors. This is 97% above median its historical median of 0.32. Over the past decade, Starflex PCL's Debt-to-Equity has ranged from 0.07 to 0.73. According to the industry distribution chart, Starflex PCL ranks #209 out of 365 companies in the Packaging & Containers industry, placing it in the top 57.3%.
Is Starflex PCL's Debt-to-Equity too high?
Starflex PCL's current Debt-to-Equity of 0.63 is 97% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.73. The Packaging & Containers industry median Debt-to-Equity is 0.43. Starflex PCL's value of 0.63 is 46.5% above this industry median. Based on the distribution chart, Starflex PCL ranks #209 out of 365 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Starflex PCL has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starflex PCL's Debt-to-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Starflex PCL ranks #209 out of 365 companies for Debt-to-Equity. This places Starflex PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Starflex PCL's value of 0.63 is 46.5% above this benchmark. Historically, Starflex PCL's own Debt-to-Equity has ranged from 0.07 to 0.73 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.43, Starflex 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 Debt-to-Equity for a Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Starflex PCL's current Debt-to-Equity of 0.63 is 46.5% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Starflex PCL and its competitors. For the Packaging & Containers industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starflex PCL's current Debt-to-Equity is 0.63, which is 97% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starflex PCL stock overvalued right now?
Based on GuruFocus' analysis, Starflex PCL (BKK:SFLEX) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.49, compared to a current price of ฿3.22 — trading 7.7% below its estimated fair value. The current Debt-to-Equity is 0.63, which is 97% above median its 10-year median of 0.32 and 46.5% above the Packaging & Containers industry median of 0.43. Starflex PCL's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Starflex PCL (BKK:SFLEX), the current Debt-to-Equity is 0.63 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 Starflex PCL (BKK:SFLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Starflex PCL stock appears to be undervalued. The current stock price of ฿3.22 is trading 7.7% below its estimated GF Value™ of ฿3.49. GuruFocus considers Starflex PCL to be Fairly Valued.

Key valuation signals for BKK:SFLEX:

  • Debt-to-Equity: 0.63 (97% above median its 10-year median of 0.32)
  • GF Value™: ฿3.49 vs. price of ฿3.22 (7.7% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 46.5% above the Packaging & Containers median (#209 of 365)

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


Starflex PCL Business Description

Address 189 / 48-49 Moo.3, Theparak Road, T. Bangpreang, A. Bangbo, Samutprakan, Bangkok, THA, 10560
Starflex PCL is engaged in the manufacture and distribution of flexible packaging. The company provides packaging for home and personal products, medical products, and food industries. There are three operating business segments: Packaging products for food, Packaging products for non-food, and Other segment. The Non-food packaging segment generates a vast majority of the revenues. The company operates in Thailand only.
84GF Score

Get the complete analysis for BKK:SFLEX

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

฿3.22
Price
฿3.49
GF Value