Thai Future PCLBKK:TFI-R 12 Debt-to-Equity is 0.21 as of Mar. 2026, which is 62% above its 10-year median of 0.13. GuruFocus rates BKK:TFI-R with a GF Score™ of 12/100 and a GF Value™ of ฿0.14. The stock has 3 warning signs investors should review. Among 357 Packaging & Containers companies, Thai Future PCL ranks better than 67.79% 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 Thai Future PCL's Debt-to-Equity or its related term are showing as below:
BKK:TFI-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: -17.99 Med: 0.13 Max: 64.46
Current: 0.21
During the past 13 years, the highest Debt-to-Equity Ratio of Thai Future PCL was 64.46. The lowest was -17.99. And the median was 0.13.
BKK:TFI-R's Debt-to-Equity is ranked better than 67.79% of 357
companies
in the Packaging & Containers industry
Industry Median: 0.42
vs BKK:TFI-R: 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.
Thai Future PCL Debt-to-Equity Related Terms
Thai Future PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Thai Future 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.
BKK:TFI-R vs SW, PKG, IP: Debt-to-Equity Comparison
For the Packaging & Containers subindustry, Thai Future 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.
Thai Future PCL Debt-to-Equity vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thai Future PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Thai Future 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.
Thai Future PCL (BKK:TFI-R) has a Debt-to-Equity of 0.21 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Thai Future PCL and its competitors. This is 62% above median its historical median of 0.13. According to the industry distribution chart, Thai Future PCL ranks #115 out of 357 companies in the Packaging & Containers industry, placing it in the top 32.2%.
Is Thai Future PCL's Debt-to-Equity too high?
Thai Future PCL's current Debt-to-Equity of 0.21 is 62% above median its 10-year median of 0.13. The Packaging & Containers industry median Debt-to-Equity is 0.42. Thai Future PCL's value of 0.21 is 50% below this industry median. Based on the distribution chart, Thai Future PCL ranks #115 out of 357 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thai Future PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thai Future PCL's Debt-to-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Future PCL ranks #115 out of 357 companies for Debt-to-Equity. This puts Thai Future PCL in the upper half of its industry. The industry median Debt-to-Equity is 0.42. Thai Future PCL's value of 0.21 is 50% below this benchmark. While the company's 10-year median is 0.13 vs. the industry median of 0.42, Thai Future 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 Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.42, based on 357 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. Thai Future PCL's current Debt-to-Equity of 0.21 is 50% 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 Thai Future PCL and its competitors. For the Packaging & Containers 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. Thai Future PCL's current Debt-to-Equity is 0.21, which is 62% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Future PCL stock overvalued right now?
Thai Future PCL (BKK:TFI-R) has a current Debt-to-Equity of 0.21. The stock's GF Value™ is ฿0.14, compared to a current price of ฿0.10 — trading 28.6% below its estimated fair value. The current Debt-to-Equity is 0.21, which is 62% above median its 10-year median of 0.13 and 50% below the Packaging & Containers industry median of 0.42. Thai Future PCL's overall GF Score™ is 12/100 with 3 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 Thai Future PCL (BKK:TFI-R), the current Debt-to-Equity is 0.21 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 Future PCL (BKK:TFI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Future PCL stock appears to be undervalued.
The current stock price of ฿0.10 is trading 28.6% below its estimated GF Value™ of ฿0.14.
Key valuation signals for BKK:TFI-R:
Debt-to-Equity: 0.21 (62% above median its 10-year median of 0.13)
GF Value™: ฿0.14 vs. price of ฿0.10 (28.6% below fair value)
Industry Position: 50% below the Packaging & Containers median (#115 of 357)
No single metric tells the full story. See the BKK:TFI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Future Inc PCL is engaged in manufacturing of packaging film. The company's products include biaxially oriented polypropylene (BOPP) films, polyester film, cast polypropylene (CPP) films and metallized films to supply domestic and overseas export. The one main reportable operating segment of the company is engaged in mainly in manufacturing of packaging film and the several geographical regions area of their operations is Thailand, Asia, Europe, America and others.
12GF Score
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