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The Steel PCLBKK:THE-R 28 EV-to-OCF is 5.76 as of Aug. 10, 2026, which is 12% above its 10-year median of 5.15. GuruFocus rates BKK:THE-R with a GF Score™ of 28/100 and a GF Value™ of ฿0.82. The stock has 6 warning signs investors should review. Among 635 Steel companies, The Steel PCL ranks better than 57.64% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, The Steel PCL's Enterprise Value is ฿1,878 Mil.
The Steel PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ฿326 Mil. Therefore, The Steel PCL's EV-to-OCF for today is 5.76.
The historical rank and industry rank for The Steel PCL's EV-to-OCF or its related term are showing as below:
BKK:THE-R'
s EV-to-OCF Range Over the Past 10 Years
Min: -128.63 Med: 5.15 Max: 127.12
Current: 5.76
During the past 13 years, the highest EV-to-OCF of The Steel PCL was 127.12. The lowest was -128.63. And the median was 5.15.
BKK:THE-R's EV-to-OCF is ranked better than 57.64% of 635
companies
in the Steel industry
Industry Median: 7.77
vs BKK:THE-R: 5.76
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.
The Steel PCL's PE Ratio (TTM) for today is calculated as:
The Steel PCL's share price for today is ฿0.83286.
The Steel 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 ฿0.007.
* 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.
The Steel PCL EV-to-OCF Related Terms
The Steel PCL EV-to-OCF Historical Data
* Premium members only.
The historical data trend for The Steel 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 Steel subindustry, The Steel 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.
The Steel PCL EV-to-OCF vs Steel Industry
For the Steel industry and Basic Materials sector, The Steel PCL's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where The Steel PCL's EV-to-OCF falls into.
The Steel PCL's current Enterprise Value is ฿1,878 Mil.
The Steel 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 ฿326 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.
The Steel PCL (BKK:THE-R) has a EV-to-OCF of 5.76 as of Aug. 10, 2026. This is 12% above median its historical median of 5.15. According to the industry distribution chart, The Steel PCL ranks #269 out of 635 companies in the Steel industry, placing it in the top 42.4%.
Is The Steel PCL's EV-to-OCF too high?
The Steel PCL's current EV-to-OCF of 5.76 is 12% above median its 10-year median of 5.15. The Steel industry median EV-to-OCF is 7.77. The Steel PCL's value of 5.76 is 25.9% below this industry median. Based on the distribution chart, The Steel PCL ranks #269 out of 635 companies in the Steel industry, which is above the industry midpoint. Overall, The Steel PCL has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does The Steel PCL's EV-to-OCF compare to NUE and STLD?
According to the Steel industry distribution chart, The Steel PCL ranks #269 out of 635 companies for EV-to-OCF. This puts The Steel PCL in the upper half of its industry. The industry median EV-to-OCF is 7.77. The Steel PCL's value of 5.76 is 25.9% below this benchmark. While the company's 10-year median is 5.15 vs. the industry median of 7.77, The Steel 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 Steel company?
The median EV-to-OCF among Steel companies is 7.77, based on 635 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. The Steel PCL's current EV-to-OCF of 5.76 is 25.9% 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 Steel industry, the median EV-to-OCF is 7.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Steel PCL's current EV-to-OCF is 5.76, which is 12% above median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Steel PCL stock overvalued right now?
The Steel PCL (BKK:THE-R) has a current EV-to-OCF of 5.76. The stock's GF Value™ is ฿0.82, compared to a current price of ฿0.83 — trading 1.6% above its estimated fair value. The current EV-to-OCF is 5.76, which is 12% above median its 10-year median of 5.15 and 25.9% below the Steel industry median of 7.77. The Steel PCL's overall GF Score™ is 28/100 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 The Steel PCL (BKK:THE-R), the current EV-to-OCF is 5.76 as of Aug. 10, 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 The Steel PCL (BKK:THE-R) Overvalued in 2026?
Based on GuruFocus' analysis, The Steel PCL stock appears to be overvalued.
The current stock price of ฿0.83 is trading 1.6% above its estimated GF Value™ of ฿0.82.
Key valuation signals for BKK:THE-R:
EV-to-OCF: 5.76 (12% above median its 10-year median of 5.15)
GF Value™: ฿0.82 vs. price of ฿0.83 (1.6% above fair value)
Industry Position: 25.9% below the Steel median (#269 of 635)
No single metric tells the full story. See the BKK:THE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Steel PCL is principally engaged in the selling and transforming hot rolled steel sheets and coils and other structural steels and logistic services of steel. Its product portfolio includes hot-rolled coils, and processed forms such as slit coils, steel sheets, hot-formed structural steel, and cold-formed structural steel, as well as other steel products. In addition, the company also processes certain steel products, including steel sheets, slit coils, flat steel, folded angle steel, folded channel steel, steel pipes, and C-shaped structural steel. The company operates in two reportable segments: Revenue from sales of steels, which accounts for a majority of its revenue, and Revenue from logistic services. Geographically, it is managed and operates principally in Thailand.
28GF Score
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