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Thai Parcels PCLBKK:TPL +2.13%30 Debt-to-Equity is 0.54 as of Jun. 2026, which is 157% above its 10-year median of 0.21. GuruFocus rates BKK:TPL with a GF Score™ of 30/100 and a GF Value™ of ฿0.56 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 911 Transportation companies, Thai Parcels PCL ranks worse than 50.49% 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 Parcels PCL's Debt-to-Equity or its related term are showing as below:
BKK:TPL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.21 Max: 0.66
Current: 0.54
During the past 5 years, the highest Debt-to-Equity Ratio of Thai Parcels PCL was 0.66. The lowest was 0.10. And the median was 0.21.
BKK:TPL's Debt-to-Equity is ranked worse than 50.49% of 911
companies
in the Transportation industry
Industry Median: 0.53
vs BKK:TPL: 0.54
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 Parcels PCL Debt-to-Equity Related Terms
Thai Parcels PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Thai Parcels 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:TPL vs UPS, FDX, JBHT: Debt-to-Equity Comparison
For the Integrated Freight & Logistics subindustry, Thai Parcels 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 Parcels PCL Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Thai Parcels PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Thai Parcels 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 Parcels PCL (BKK:TPL) has a Debt-to-Equity of 0.54 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Thai Parcels PCL and its competitors. This is 157% above median its historical median of 0.21. Over the past decade, Thai Parcels PCL's Debt-to-Equity has ranged from 0.10 to 0.66. According to the industry distribution chart, Thai Parcels PCL ranks #460 out of 911 companies in the Transportation industry, placing it in the top 50.5%.
Is Thai Parcels PCL's Debt-to-Equity too high?
Thai Parcels PCL's current Debt-to-Equity of 0.54 is 157% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.66. The Transportation industry median Debt-to-Equity is 0.53. Thai Parcels PCL's value of 0.54 is 1.9% above this industry median. Based on the distribution chart, Thai Parcels PCL ranks #460 out of 911 companies in the Transportation industry, which is below the industry midpoint. Overall, Thai Parcels PCL has a GF Score™ of 30/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Parcels PCL's Debt-to-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Thai Parcels PCL ranks #460 out of 911 companies for Debt-to-Equity. This places Thai Parcels PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.53. Thai Parcels PCL's value of 0.54 is 1.9% above this benchmark. Historically, Thai Parcels PCL's own Debt-to-Equity has ranged from 0.10 to 0.66 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.53, Thai Parcels 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 911 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 Parcels PCL's current Debt-to-Equity of 0.54 is 1.9% 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 Parcels PCL and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Parcels PCL's current Debt-to-Equity is 0.54, which is 157% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Parcels PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Parcels PCL (BKK:TPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.56, compared to a current price of ฿0.48 — trading 14.3% below its estimated fair value. The current Debt-to-Equity is 0.54, which is 157% above median its 10-year median of 0.21 and 1.9% above the Transportation industry median of 0.53. Thai Parcels PCL's overall GF Score™ is 30/100 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 Thai Parcels PCL (BKK:TPL), the current Debt-to-Equity is 0.54 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 Thai Parcels PCL (BKK:TPL) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Parcels PCL stock appears to be undervalued.
The current stock price of ฿0.48 is trading 14.3% below its estimated GF Value™ of ฿0.56.
GuruFocus considers Thai Parcels PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPL:
Debt-to-Equity: 0.54 (157% above median its 10-year median of 0.21)
GF Value™: ฿0.56 vs. price of ฿0.48 (14.3% below fair value)
Industry Position: 1.9% above the Transportation median (#460 of 911)
No single metric tells the full story. See the BKK:TPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Parcels PCL is engaged in the provision of freight transportation, cargo handling, and warehousing services. The Group also provides various forms of passenger transportation services catering to both industrial and tourism sectors. Its segments include the core business of transportation and handling services for goods, as well as warehousing, which generates the maximum revenue. In addition, the Company provides various types of non-scheduled passenger transportation services specifically focused on the tourism sector, as well as non-scheduled passenger transportation services that cater exclusively to the industrial sector. The Company operates in Thailand only.
30GF Score
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