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Applicad PCLBKK:APP -0.67%89 EV-to-OCF is 2.08 as of Aug. 16, 2026, which is 66% below its 10-year median of 6.05. GuruFocus rates BKK:APP with a GF Score™ of 89/100 and a GF Value™ of ฿2.65 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,877 Software companies, Applicad PCL ranks better than 62.32% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Applicad PCL's Enterprise Value is ฿365 Mil.
Applicad PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ฿176 Mil. Therefore, Applicad PCL's EV-to-OCF for today is 2.08.
The historical rank and industry rank for Applicad PCL's EV-to-OCF or its related term are showing as below:
BKK:APP'
s EV-to-OCF Range Over the Past 10 Years
Min: 0.24 Med: 6.05 Max: 37.7
Current: 2.08
During the past 10 years, the highest EV-to-OCF of Applicad PCL was 37.70. The lowest was 0.24. And the median was 6.05.
BKK:APP's EV-to-OCF is ranked better than 62.32% of 2877
companies
in the Software industry
Industry Median: 7.08
vs BKK:APP: 2.08
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.
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.
Applicad PCL's PE Ratio (TTM) for today is calculated as:
Applicad PCL's share price for today is ฿2.98.
Applicad PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.330.
* 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.
Applicad PCL EV-to-OCF Related Terms
Applicad PCL EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Applicad 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.
For the Software - Application subindustry, Applicad 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.
Applicad PCL EV-to-OCF vs Software Industry
For the Software industry and Technology sector, Applicad PCL's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Applicad PCL's EV-to-OCF falls into.
Applicad PCL's current Enterprise Value is ฿365 Mil.
Applicad PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿176 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.
Applicad PCL (BKK:APP) has a EV-to-OCF of 2.08 as of Aug. 16, 2026. This is 66% below median its historical median of 6.05. Over the past decade, Applicad PCL's EV-to-OCF has ranged from 0.24 to 37.70. According to the industry distribution chart, Applicad PCL ranks #1084 out of 2877 companies in the Software industry, placing it in the top 37.7%.
Is Applicad PCL's EV-to-OCF too high?
Applicad PCL's current EV-to-OCF of 2.08 is 66% below median its 10-year median of 6.05. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 37.70. The Software industry median EV-to-OCF is 7.08. Applicad PCL's value of 2.08 is 70.6% below this industry median. Based on the distribution chart, Applicad PCL ranks #1084 out of 2877 companies in the Software industry, which is above the industry midpoint. Overall, Applicad PCL has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applicad PCL's EV-to-OCF compare to QH and SHOP?
According to the Software industry distribution chart, Applicad PCL ranks #1084 out of 2877 companies for EV-to-OCF. This puts Applicad PCL in the upper half of its industry. The industry median EV-to-OCF is 7.08. Applicad PCL's value of 2.08 is 70.6% below this benchmark. Historically, Applicad PCL's own EV-to-OCF has ranged from 0.24 to 37.70 over the past decade. While the company's 10-year median is 6.05 vs. the industry median of 7.08, Applicad 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 a Software company?
The median EV-to-OCF among Software companies is 7.08, based on 2,877 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. Applicad PCL's current EV-to-OCF of 2.08 is 70.6% 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 Software industry, the median EV-to-OCF is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applicad PCL's current EV-to-OCF is 2.08, which is 66% below median its own 10-year median of 6.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applicad PCL stock overvalued right now?
Based on GuruFocus' analysis, Applicad PCL (BKK:APP) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿2.65, compared to a current price of ฿2.98 — trading 12.5% above its estimated fair value. The current EV-to-OCF is 2.08, which is 66% below median its 10-year median of 6.05 and 70.6% below the Software industry median of 7.08. Applicad PCL's overall GF Score™ is 89/100 with 6 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 Applicad PCL (BKK:APP), the current EV-to-OCF is 2.08 as of Aug. 16, 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 Applicad PCL (BKK:APP) Overvalued in 2026?
Based on GuruFocus' analysis, Applicad PCL stock appears to be overvalued.
The current stock price of ฿2.98 is trading 12.5% above its estimated GF Value™ of ฿2.65.
GuruFocus considers Applicad PCL to be Modestly Overvalued.
Key valuation signals for BKK:APP:
EV-to-OCF: 2.08 (66% below median its 10-year median of 6.05)
GF Value™: ฿2.65 vs. price of ฿2.98 (12.5% above fair value)
Industry Position: 70.6% below the Software median (#1084 of 2877)
No single metric tells the full story. See the BKK:APP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applicad PCL main business is the sale of computer programs and maintenance services for computer programs, machines and equipment, and the design and development of related products and services. The company operates through three segments: Computer Software Sales division, engaged in the sale of computer programs for specific applications and peripherals and generating maximum revenue; Sale Division of Machinery, Equipment and Other Products, engaged in the sale of machinery, computer parts, spare parts, materials and other products; and Service Division, providing computer maintenance services, design and manufacture of industrial parts and prototypes, and other services. Geographically, the company operates in Thailand and Indonesia, while earning key revenue from sales in Thailand.
89GF Score
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