Absolute Clean Energy PCL (BKK:ACE) EV-to-OCF: 7.92 (As of Aug. 28, 2026) — 48% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ACE Absolute Clean Energy PCL BKK:ACE
84 GF Score
Price ฿1.30
GF Value ฿1.38
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Absolute Clean Energy PCL EV-to-OCF?

Absolute Clean Energy PCL BKK:ACE -0.76% 84 EV-to-OCF is 7.92 as of Aug. 28, 2026, which is 48% below its 10-year median of 15.31. GuruFocus rates BKK:ACE with a GF Score™ of 84/100 and a GF Value™ of ฿1.38 (Fairly Valued). The stock has 5 warning signs investors should review. Among 450 Utilities - Independent Power Producers companies, Absolute Clean Energy PCL ranks better than 60.22% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Absolute Clean Energy PCL's Enterprise Value is ฿19,686 Mil. Absolute Clean Energy PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ฿2,486 Mil. Therefore, Absolute Clean Energy PCL's EV-to-OCF for today is 7.92.

The historical rank and industry rank for Absolute Clean Energy PCL's EV-to-OCF or its related term are showing as below:

BKK:ACE' s EV-to-OCF Range Over the Past 10 Years
Min: 7.84   Med: 15.31   Max: 30.79
Current: 7.96

During the past 12 years, the highest EV-to-OCF of Absolute Clean Energy PCL was 30.79. The lowest was 7.84. And the median was 15.31.

BKK:ACE's EV-to-OCF is ranked better than
60.22% of 450 companies
in the Utilities - Independent Power Producers industry
Industry Median: 9.76 vs BKK:ACE: 7.96

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-28), Absolute Clean Energy PCL's stock price is ฿1.30. Absolute Clean Energy PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.100. Therefore, Absolute Clean Energy PCL's PE Ratio (TTM) for today is 13.00.


Absolute Clean Energy PCL  (BKK:ACE) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Absolute Clean Energy PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.30/0.100
=13.00

Absolute Clean Energy PCL's share price for today is ฿1.30.
Absolute Clean Energy PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.100.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Absolute Clean Energy PCL EV-to-OCF Related Terms


Absolute Clean Energy PCL EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Absolute Clean Energy PCL's EV-to-OCF 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.

Absolute Clean Energy PCL EV-to-OCF Chart

Absolute Clean Energy PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.17 20.96 9.20 10.88 8.36

Absolute Clean Energy PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.49 9.21 8.36 8.04 7.88

Absolute Clean Energy PCL EV-to-OCF Competitor Comparison

For the Utilities - Renewable subindustry, Absolute Clean Energy PCL's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Absolute Clean Energy PCL EV-to-OCF vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Absolute Clean Energy PCL's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Absolute Clean Energy PCL's EV-to-OCF falls into.


BKK:ACE
84GF Score
Absolute Clean Energy PCL BKK:ACE
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Absolute Clean Energy PCL EV-to-OCF Calculation

Absolute Clean Energy PCL's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=19685.941/2485.885
=7.92

Absolute Clean Energy PCL's current Enterprise Value is ฿19,686 Mil.
Absolute Clean Energy PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿2,486 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 7.92 mean?
Absolute Clean Energy PCL (BKK:ACE) has a EV-to-OCF of 7.92 as of Aug. 28, 2026. This is 48% below median its historical median of 15.31. Over the past decade, Absolute Clean Energy PCL's EV-to-OCF has ranged from 7.84 to 30.79. According to the industry distribution chart, Absolute Clean Energy PCL ranks #179 out of 450 companies in the Utilities - Independent Power Producers industry, placing it in the top 39.8%.
Is Absolute Clean Energy PCL's EV-to-OCF too high?
Absolute Clean Energy PCL's current EV-to-OCF of 7.92 is 48% below median its 10-year median of 15.31. Over the past 10 years, this metric has ranged from a low of 7.84 to a high of 30.79. The Utilities - Independent Power Producers industry median EV-to-OCF is 9.76. Absolute Clean Energy PCL's value of 7.92 is 18.9% below this industry median. Based on the distribution chart, Absolute Clean Energy PCL ranks #179 out of 450 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Absolute Clean Energy PCL has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Absolute Clean Energy PCL's EV-to-OCF compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Absolute Clean Energy PCL ranks #179 out of 450 companies for EV-to-OCF. This puts Absolute Clean Energy PCL in the upper half of its industry. The industry median EV-to-OCF is 9.76. Absolute Clean Energy PCL's value of 7.92 is 18.9% below this benchmark. Historically, Absolute Clean Energy PCL's own EV-to-OCF has ranged from 7.84 to 30.79 over the past decade. While the company's 10-year median is 15.31 vs. the industry median of 9.76, Absolute Clean Energy 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 EV-to-OCF for an Utilities - Independent Power Producers company?
The median EV-to-OCF among Utilities - Independent Power Producers companies is 9.76, based on 450 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Absolute Clean Energy PCL's current EV-to-OCF of 7.92 is 18.9% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median EV-to-OCF is 9.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Absolute Clean Energy PCL's current EV-to-OCF is 7.92, which is 48% below median its own 10-year median of 15.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absolute Clean Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Absolute Clean Energy PCL (BKK:ACE) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.38, compared to a current price of ฿1.30 — trading 5.8% below its estimated fair value. The current EV-to-OCF is 7.92, which is 48% below median its 10-year median of 15.31 and 18.9% below the Utilities - Independent Power Producers industry median of 9.76. Absolute Clean Energy PCL's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Absolute Clean Energy PCL (BKK:ACE), the current EV-to-OCF is 7.92 as of Aug. 28, 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 Absolute Clean Energy PCL (BKK:ACE) Overvalued in 2026?

Based on GuruFocus' analysis, Absolute Clean Energy PCL stock appears to be undervalued. The current stock price of ฿1.30 is trading 5.8% below its estimated GF Value™ of ฿1.38. GuruFocus considers Absolute Clean Energy PCL to be Fairly Valued.

Key valuation signals for BKK:ACE:

  • EV-to-OCF: 7.92 (48% below median its 10-year median of 15.31)
  • GF Value™: ฿1.38 vs. price of ฿1.30 (5.8% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 18.9% below the Utilities - Independent Power Producers median (#179 of 450)

No single metric tells the full story. See the BKK:ACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Absolute Clean Energy PCL Business Description

Other Exchanges ACE-F:Thailand
Address Silom Road, 140/6 ITF Tower, 7th Floor, Suriyawong, Bang Rak District, Bangkok, THA, 10500
Absolute Clean Energy PCL operates biomass, municipal solid waste, natural gas, and solar energy power plants. The company operates in four reportable segments: biomass, natural gas, municipal solid waste, and solar energy power plants. The company operates only in Thailand. It generates the majority of its revenue from the Biomass power plants segment.
84GF Score

Get the complete analysis for BKK:ACE

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.30
Price
฿1.38
GF Value