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Thai Mui PCLBKK:THMUI 53 Debt-to-Equity is 0.50 as of Mar. 2026, which is 11% above its 10-year median of 0.45. GuruFocus rates BKK:THMUI with a GF Score™ of 53/100 and a GF Value™ of ฿0.63 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 148 Industrial Distribution companies, Thai Mui PCL ranks worse than 50.68% 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 Mui PCL's Debt-to-Equity or its related term are showing as below:
BKK:THMUI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.45 Max: 0.57
Current: 0.5
During the past 12 years, the highest Debt-to-Equity Ratio of Thai Mui PCL was 0.57. The lowest was 0.02. And the median was 0.45.
BKK:THMUI's Debt-to-Equity is ranked worse than 50.68% of 148
companies
in the Industrial Distribution industry
Industry Median: 0.49
vs BKK:THMUI: 0.50
Thai Mui PCL (BKK:THMUI) Debt-to-Equity Explanation
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 Mui PCL Debt-to-Equity Related Terms
Thai Mui PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Thai Mui 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:THMUI vs GWW, FAST, FERG: Debt-to-Equity Comparison
For the Industrial Distribution subindustry, Thai Mui 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 Mui PCL Debt-to-Equity vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Thai Mui PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Thai Mui 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 Mui PCL (BKK:THMUI) has a Debt-to-Equity of 0.50 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Thai Mui PCL and its competitors. This is 11% above median its historical median of 0.45. Over the past decade, Thai Mui PCL's Debt-to-Equity has ranged from 0.02 to 0.57. According to the industry distribution chart, Thai Mui PCL ranks #75 out of 148 companies in the Industrial Distribution industry, placing it in the top 50.7%.
Is Thai Mui PCL's Debt-to-Equity too high?
Thai Mui PCL's current Debt-to-Equity of 0.50 is 11% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.57. The Industrial Distribution industry median Debt-to-Equity is 0.49. Thai Mui PCL's value of 0.50 is 2% above this industry median. Based on the distribution chart, Thai Mui PCL ranks #75 out of 148 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Thai Mui PCL has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thai Mui PCL's Debt-to-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Thai Mui PCL ranks #75 out of 148 companies for Debt-to-Equity. This places Thai Mui PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.49. Thai Mui PCL's value of 0.50 is 2% above this benchmark. Historically, Thai Mui PCL's own Debt-to-Equity has ranged from 0.02 to 0.57 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.49, Thai Mui 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 an Industrial Distribution company?
The median Debt-to-Equity among Industrial Distribution companies is 0.49, based on 148 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 Mui PCL's current Debt-to-Equity of 0.50 is 2% 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 Thai Mui PCL and its competitors. For the Industrial Distribution industry, the median Debt-to-Equity is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Mui PCL's current Debt-to-Equity is 0.50, which is 11% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Mui PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Mui PCL (BKK:THMUI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.30 — trading 52.4% below its estimated fair value. The current Debt-to-Equity is 0.50, which is 11% above median its 10-year median of 0.45 and 2% above the Industrial Distribution industry median of 0.49. Thai Mui PCL's overall GF Score™ is 53/100 with 2 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 Mui PCL (BKK:THMUI), the current Debt-to-Equity is 0.50 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 Mui PCL (BKK:THMUI) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Mui PCL stock appears to be undervalued.
The current stock price of ฿0.30 is trading 52.4% below its estimated GF Value™ of ฿0.63.
GuruFocus considers Thai Mui PCL to be Possible Value Trap.
Key valuation signals for BKK:THMUI:
Debt-to-Equity: 0.50 (11% above median its 10-year median of 0.45)
GF Value™: ฿0.63 vs. price of ฿0.30 (52.4% below fair value)
Industry Position: 2% above the Industrial Distribution median (#75 of 148)
No single metric tells the full story. See the BKK:THMUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Mui Corp PCL is engaged in the retail and wholesale of ironware, wire rope, saw, and pipe, and provides loop wire rope and equipment installation and inspection, plumbing contractor project, and construction of a water quality improvement business for shrimp farm. Its products include Wire rope, Skate, Soft sling, Hook, etc. The company's segments are Sales and service and Project work. The key revenue is derived from the sale of wire rope and lifting equipment, including replacement and installation, and providing technical inspection, testing, and analysis equipment activity. The group operates in Thailand.
53GF Score
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