SPCG PCL (BKK:SPCG-R) EV-to-OCF: 10.42 (As of Jul. 04, 2026) — 78% Above Median


BKK:SPCG-R SPCG PCL BKK:SPCG-R
64 GF Score
Price ฿8.85
GF Value ฿6.01
! 8 Warning Signs
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What is SPCG PCL EV-to-OCF?

SPCG PCL BKK:SPCG-R 64 EV-to-OCF is 10.42 as of Jul. 04, 2026, which is 78% above its 10-year median of 5.84. GuruFocus rates BKK:SPCG-R with a GF Score™ of 64/100 and a GF Value™ of ฿6.01. The stock has 8 warning signs investors should review. Among 441 Utilities - Independent Power Producers companies, SPCG PCL ranks worse than 52.15% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, SPCG PCL's Enterprise Value is ฿10,499 Mil. SPCG PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,007 Mil. Therefore, SPCG PCL's EV-to-OCF for today is 10.42.

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

BKK:SPCG-R' s EV-to-OCF Range Over the Past 10 Years
Min: 3.04   Med: 5.84   Max: 10.42
Current: 10.42

During the past 13 years, the highest EV-to-OCF of SPCG PCL was 10.42. The lowest was 3.04. And the median was 5.84.

BKK:SPCG-R's EV-to-OCF is ranked worse than
52.15% of 441 companies
in the Utilities - Independent Power Producers industry
Industry Median: 9.71 vs BKK:SPCG-R: 10.42

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 (2026-07-04), SPCG PCL's stock price is ฿8.85006. SPCG PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿0.336. Therefore, SPCG PCL's PE Ratio (TTM) for today is 26.34.


SPCG PCL  (BKK:SPCG-R) 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.

SPCG PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.85006/0.336
=26.34

SPCG PCL's share price for today is ฿8.85006.
SPCG 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 ฿0.336.

* 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.


SPCG PCL EV-to-OCF Related Terms


SPCG PCL EV-to-OCF Historical Data

* Premium members only.

The historical data trend for SPCG 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.

SPCG PCL EV-to-OCF Chart

SPCG 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 6.25 4.96 4.20 5.93 8.22

SPCG 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 5.54 6.85 7.90 8.22 10.42

SPCG PCL EV-to-OCF Competitor Comparison

For the Utilities - Renewable subindustry, SPCG 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.


SPCG PCL EV-to-OCF vs Utilities - Independent Power Producers Industry

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

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


BKK:SPCG-R
64GF Score
SPCG PCL BKK:SPCG-R
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
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SPCG PCL EV-to-OCF Calculation

SPCG PCL's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=10498.747/1007.305
=10.42

SPCG PCL's current Enterprise Value is ฿10,499 Mil.
SPCG 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 ฿1,007 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 10.42 mean?
SPCG PCL (BKK:SPCG-R) has a EV-to-OCF of 10.42 as of Jul. 04, 2026. This is 78% above median its historical median of 5.84. Over the past decade, SPCG PCL's EV-to-OCF has ranged from 3.04 to 10.42. According to the industry distribution chart, SPCG PCL ranks #230 out of 441 companies in the Utilities - Independent Power Producers industry, placing it in the top 52.2%.
Is SPCG PCL's EV-to-OCF too high?
SPCG PCL's current EV-to-OCF of 10.42 is 78% above median its 10-year median of 5.84. Over the past 10 years, this metric has ranged from a low of 3.04 to a high of 10.42. The Utilities - Independent Power Producers industry median EV-to-OCF is 9.71. SPCG PCL's value of 10.42 is 7.3% above this industry median. Based on the distribution chart, SPCG PCL ranks #230 out of 441 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, SPCG PCL has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does SPCG PCL's EV-to-OCF compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SPCG PCL ranks #230 out of 441 companies for EV-to-OCF. This places SPCG PCL in the lower half of its industry. The industry median EV-to-OCF is 9.71. SPCG PCL's value of 10.42 is 7.3% above this benchmark. Historically, SPCG PCL's own EV-to-OCF has ranged from 3.04 to 10.42 over the past decade. While the company's 10-year median is 5.84 vs. the industry median of 9.71, SPCG 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 EV-to-OCF for an Utilities - Independent Power Producers company?
The median EV-to-OCF among Utilities - Independent Power Producers companies is 9.71, based on 441 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. SPCG PCL's current EV-to-OCF of 10.42 is 7.3% 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 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 9.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPCG PCL's current EV-to-OCF is 10.42, which is 78% above median its own 10-year median of 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPCG PCL stock overvalued right now?
SPCG PCL (BKK:SPCG-R) has a current EV-to-OCF of 10.42. The stock's GF Value™ is ฿6.01, compared to a current price of ฿8.85 — trading 47.3% above its estimated fair value. The current EV-to-OCF is 10.42, which is 78% above median its 10-year median of 5.84 and 7.3% above the Utilities - Independent Power Producers industry median of 9.71. SPCG PCL's overall GF Score™ is 64/100 with 8 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 SPCG PCL (BKK:SPCG-R), the current EV-to-OCF is 10.42 as of Jul. 04, 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 SPCG PCL (BKK:SPCG-R) Overvalued in 2026?

Based on GuruFocus' analysis, SPCG PCL stock appears to be overvalued. The current stock price of ฿8.85 is trading 47.3% above its estimated GF Value™ of ฿6.01.

Key valuation signals for BKK:SPCG-R:

  • EV-to-OCF: 10.42 (78% above median its 10-year median of 5.84)
  • GF Value™: ฿6.01 vs. price of ฿8.85 (47.3% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 7.3% above the Utilities - Independent Power Producers median (#230 of 441)

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


SPCG PCL Business Description

Other Exchanges SPCG:Thailand
Address No. 1 Capital Work Place Building, 10th Floor, Soi Jamjan, Klongton Nua, Sub-District, Wattana, Bangkok, THA, 10110
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.
64GF Score

Get the complete analysis for BKK:SPCG-R

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

฿8.85
Price
฿6.01
GF Value