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Tong Hua Holdings PCLBKK:TH 66 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates BKK:TH with a GF Score™ of 66/100 and a GF Value™ of ฿0.62 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 169 Diversified Financial Services companies, Tong Hua Holdings PCL ranks worse than 591715.38% 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 Tong Hua Holdings PCL's Debt-to-Equity or its related term are showing as below:
BKK:TH's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.18 * Ranked among companies with meaningful Debt-to-Equity only.
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.
Tong Hua Holdings PCL Debt-to-Equity Related Terms
Tong Hua Holdings PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Tong Hua Holdings 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.
For the Financial Conglomerates subindustry, Tong Hua Holdings 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.
Tong Hua Holdings PCL Debt-to-Equity vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Tong Hua Holdings PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tong Hua Holdings 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.
Tong Hua Holdings PCL (BKK:TH) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tong Hua Holdings PCL and its competitors. According to the industry distribution chart, Tong Hua Holdings PCL ranks #999999 out of 169 companies in the Diversified Financial Services industry.
Is Tong Hua Holdings PCL's Debt-to-Equity too high?
Tong Hua Holdings PCL's current Debt-to-Equity is 0.00. Based on the distribution chart, Tong Hua Holdings PCL ranks #999999 out of 169 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Tong Hua Holdings PCL has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tong Hua Holdings PCL's Debt-to-Equity compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Tong Hua Holdings PCL ranks #999999 out of 169 companies for Debt-to-Equity. This places Tong Hua Holdings PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.18. 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 Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 169 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. 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 Tong Hua Holdings PCL and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Hua Holdings PCL's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Hua Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Tong Hua Holdings PCL (BKK:TH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.62, compared to a current price of ฿0.49 — trading 21% below its estimated fair value. The current Debt-to-Equity is 0.00. Tong Hua Holdings PCL's overall GF Score™ is 66/100 with 4 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 Tong Hua Holdings PCL (BKK:TH), the current Debt-to-Equity is 0.00 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 Tong Hua Holdings PCL (BKK:TH) Overvalued in 2026?
Based on GuruFocus' analysis, Tong Hua Holdings PCL stock appears to be undervalued.
The current stock price of ฿0.49 is trading 21% below its estimated GF Value™ of ฿0.62.
GuruFocus considers Tong Hua Holdings PCL to be Modestly Undervalued.
Key valuation signals for BKK:TH:
Debt-to-Equity: 0.00
GF Value™: ฿0.62 vs. price of ฿0.49 (21% below fair value)
No single metric tells the full story. See the BKK:TH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tong Hua Holdings PCL operates as an investment company. The company's business segments are divided into five segments: i) Producing and distributing newspaper, publishing and providing printing services, ii) Space rental for trading and service business, iii) Investment business, iv) Providing short - term funds in the form of factoring, loans, and v) Asset Management Business. Geographically, it operates mainly in Thailand.
66GF Score
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