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Tropical Canning (Thailand) PCLBKK:TC +0.63%76 Debt-to-Equity is 0.21 as of Jun. 2026, which is 110% above its 10-year median of 0.10. GuruFocus rates BKK:TC with a GF Score™ of 76/100 and a GF Value™ of ฿6.73 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,746 Consumer Packaged Goods companies, Tropical Canning (Thailand) PCL ranks better than 67.18% on this metric.
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 Tropical Canning (Thailand) PCL's Debt-to-Equity or its related term are showing as below:
BKK:TC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.3
Current: 0.21
During the past 13 years, the highest Debt-to-Equity Ratio of Tropical Canning (Thailand) PCL was 0.30. The lowest was 0.01. And the median was 0.10.
BKK:TC's Debt-to-Equity is ranked better than 67.18% of 1746
companies
in the Consumer Packaged Goods industry
Industry Median: 0.415
vs BKK:TC: 0.21
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.
Tropical Canning (Thailand) PCL Debt-to-Equity Related Terms
Tropical Canning (Thailand) PCL Debt-to-Equity Historical Data
* 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.
For the Packaged Foods subindustry, Tropical Canning (Thailand) 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.
Tropical Canning (Thailand) PCL Debt-to-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tropical Canning (Thailand) PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tropical Canning (Thailand) PCL's Debt-to-Equity 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.
Tropical Canning (Thailand) PCL (BKK:TC) has a Debt-to-Equity of 0.21 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tropical Canning (Thailand) PCL and its competitors. This is 110% above median its historical median of 0.10. Over the past decade, Tropical Canning (Thailand) PCL's Debt-to-Equity has ranged from 0.01 to 0.30. According to the industry distribution chart, Tropical Canning (Thailand) PCL ranks #573 out of 1746 companies in the Consumer Packaged Goods industry, placing it in the top 32.8%.
Is Tropical Canning (Thailand) PCL's Debt-to-Equity too high?
Tropical Canning (Thailand) PCL's current Debt-to-Equity of 0.21 is 110% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.30. The Consumer Packaged Goods industry median Debt-to-Equity is 0.42. Tropical Canning (Thailand) PCL's value of 0.21 is 49.4% below this industry median. Based on the distribution chart, Tropical Canning (Thailand) PCL ranks #573 out of 1746 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Tropical Canning (Thailand) PCL has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tropical Canning (Thailand) PCL's Debt-to-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tropical Canning (Thailand) PCL ranks #573 out of 1746 companies for Debt-to-Equity. This puts Tropical Canning (Thailand) PCL in the upper half of its industry. The industry median Debt-to-Equity is 0.42. Tropical Canning (Thailand) PCL's value of 0.21 is 49.4% below this benchmark. Historically, Tropical Canning (Thailand) PCL's own Debt-to-Equity has ranged from 0.01 to 0.30 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.42, Tropical Canning (Thailand) 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 Debt-to-Equity for a Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.42, based on 1,746 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. Tropical Canning (Thailand) PCL's current Debt-to-Equity of 0.21 is 49.4% 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 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 Tropical Canning (Thailand) PCL and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tropical Canning (Thailand) PCL's current Debt-to-Equity is 0.21, which is 110% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tropical Canning (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Tropical Canning (Thailand) PCL (BKK:TC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.73, compared to a current price of ฿8.00 — trading 18.9% above its estimated fair value. The current Debt-to-Equity is 0.21, which is 110% above median its 10-year median of 0.10 and 49.4% below the Consumer Packaged Goods industry median of 0.42. Tropical Canning (Thailand) PCL's overall GF Score™ is 76/100 with 10 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 Tropical Canning (Thailand) PCL (BKK:TC), the current Debt-to-Equity is 0.21 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 Tropical Canning (Thailand) PCL (BKK:TC) Overvalued in 2026?
Based on GuruFocus' analysis, Tropical Canning (Thailand) PCL stock appears to be overvalued.
The current stock price of ฿8.00 is trading 18.9% above its estimated GF Value™ of ฿6.73.
GuruFocus considers Tropical Canning (Thailand) PCL to be Modestly Overvalued.
Key valuation signals for BKK:TC:
Debt-to-Equity: 0.21 (110% above median its 10-year median of 0.10)
GF Value™: ฿6.73 vs. price of ฿8.00 (18.9% above fair value)
Industry Position: 49.4% below the Consumer Packaged Goods median (#573 of 1746)
No single metric tells the full story. See the BKK:TC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tropical Canning (Thailand) PCL is engaged in the manufacturing and trading of canned and pouched seafood products. Its products are grouped as Domestic product groups, Tuna product group, Ready-to-eat processed product group, and Pet food group. Geographically, it operates in the Asia continent, excluding Thailand, the America continent, the European continent, the Australia continent, the Africa continent, and Thailand. The Asia continent, excluding Thailand segment, derives the majority of the revenue.
76GF Score
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