Asia Plus Group Holdings PCL (BKK:ASP) EV-to-OCF: 1.09 (As of Aug. 14, 2026) — 14% Below Median

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BKK:ASP Asia Plus Group Holdings PCL BKK:ASP
69 GF Score
Price ฿2.36
GF Value ฿2.18
Valuation Fairly Valued
! 7 Warning Signs
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What is Asia Plus Group Holdings PCL EV-to-OCF?

Asia Plus Group Holdings PCL BKK:ASP -0.84% 69 EV-to-OCF is 1.09 as of Aug. 14, 2026, which is 14% below its 10-year median of 1.27. GuruFocus rates BKK:ASP with a GF Score™ of 69/100 and a GF Value™ of ฿2.18 (Fairly Valued). The stock has 7 warning signs investors should review. Among 810 Capital Markets companies, Asia Plus Group Holdings PCL ranks worse than 54.57% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Asia Plus Group Holdings PCL's Enterprise Value is ฿2,896 Mil. Asia Plus Group Holdings PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ฿2,664 Mil. Therefore, Asia Plus Group Holdings PCL's EV-to-OCF for today is 1.09.

The historical rank and industry rank for Asia Plus Group Holdings PCL's EV-to-OCF or its related term are showing as below:

BKK:ASP' s EV-to-OCF Range Over the Past 10 Years
Min: -22.3   Med: 1.27   Max: 38.44
Current: 1.13

During the past 13 years, the highest EV-to-OCF of Asia Plus Group Holdings PCL was 38.44. The lowest was -22.30. And the median was 1.27.

BKK:ASP's EV-to-OCF is ranked worse than
54.57% of 810 companies
in the Capital Markets industry
Industry Median: -0.1 vs BKK:ASP: 1.13

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 (2026-08-14), Asia Plus Group Holdings PCL's stock price is ฿2.36. Asia Plus Group Holdings PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿0.126. Therefore, Asia Plus Group Holdings PCL's PE Ratio (TTM) for today is 18.73.


Asia Plus Group Holdings PCL  (BKK:ASP) 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.

Asia Plus Group Holdings PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.36/0.126
=18.73

Asia Plus Group Holdings PCL's share price for today is ฿2.36.
Asia Plus Group Holdings 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 ฿0.126.

* 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.


Asia Plus Group Holdings PCL EV-to-OCF Related Terms


Asia Plus Group Holdings PCL EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Asia Plus Group Holdings 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.

Asia Plus Group Holdings PCL EV-to-OCF Chart

Asia Plus Group Holdings 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 -2.34 13.30 2.61 3.37 2.34

Asia Plus Group Holdings PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.23 0.43 2.24 2.34 0.83

BKK:ASP vs MS, GS, SCHW: EV-to-OCF Comparison

For the Capital Markets subindustry, Asia Plus Group Holdings 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.


Asia Plus Group Holdings PCL EV-to-OCF vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Asia Plus Group Holdings PCL's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Asia Plus Group Holdings PCL's EV-to-OCF falls into.


BKK:ASP
69GF Score
Asia Plus Group Holdings PCL BKK:ASP
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Plus Group Holdings PCL EV-to-OCF Calculation

Asia Plus Group Holdings PCL's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2895.978/2664.027
=1.09

Asia Plus Group Holdings PCL's current Enterprise Value is ฿2,896 Mil.
Asia Plus Group Holdings 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 ฿2,664 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 1.09 mean?
Asia Plus Group Holdings PCL (BKK:ASP) has a EV-to-OCF of 1.09 as of Aug. 14, 2026. This is 14% below median its historical median of 1.27. According to the industry distribution chart, Asia Plus Group Holdings PCL ranks #442 out of 810 companies in the Capital Markets industry, placing it in the top 54.6%.
Is Asia Plus Group Holdings PCL's EV-to-OCF too high?
Asia Plus Group Holdings PCL's current EV-to-OCF of 1.09 is 14% below median its 10-year median of 1.27. Based on the distribution chart, Asia Plus Group Holdings PCL ranks #442 out of 810 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Asia Plus Group Holdings PCL has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Plus Group Holdings PCL's EV-to-OCF compare to MS and GS?
According to the Capital Markets industry distribution chart, Asia Plus Group Holdings PCL ranks #442 out of 810 companies for EV-to-OCF. This places Asia Plus Group Holdings PCL in the lower half of its industry. 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 Capital Markets company?
A good EV-to-OCF depends on the Capital Markets industry context. However, EV-to-OCF 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. Asia Plus Group Holdings PCL's current EV-to-OCF is 1.09, which is 14% below median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Plus Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Plus Group Holdings PCL (BKK:ASP) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.18, compared to a current price of ฿2.36 — trading 8.3% above its estimated fair value. The current EV-to-OCF is 1.09, which is 14% below median its 10-year median of 1.27. Asia Plus Group Holdings PCL's overall GF Score™ is 69/100 with 7 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 Asia Plus Group Holdings PCL (BKK:ASP), the current EV-to-OCF is 1.09 as of Aug. 14, 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 Asia Plus Group Holdings PCL (BKK:ASP) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Plus Group Holdings PCL stock appears to be overvalued. The current stock price of ฿2.36 is trading 8.3% above its estimated GF Value™ of ฿2.18. GuruFocus considers Asia Plus Group Holdings PCL to be Fairly Valued.

Key valuation signals for BKK:ASP:

  • EV-to-OCF: 1.09 (14% below median its 10-year median of 1.27)
  • GF Value™: ฿2.18 vs. price of ฿2.36 (8.3% above fair value)
  • GF Score™: 69/100 with 7 warning signs

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


Asia Plus Group Holdings PCL Business Description

Address No. 175, South Sathorn Road, 3/1 Floor, Sathorn City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120
Asia Plus Group Holdings PCL is a Thailand-based company engaged in investing. It is involved in the business activities of securities brokerage, securities trading, investment advisory, underwriting, securities borrowing and lending, private fund management, mutual fund management, and venture capital management. All the business operations of the company are principally carried out in Thailand. The operating segments of the group are Securities and derivatives brokerage, Investment banking, Fund Management, Investment trading, and others. It generates the majority of its revenue from the Fund Management segment.
69GF Score

Get the complete analysis for BKK:ASP

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

฿2.36
Price
฿2.18
GF Value