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TOA Paint (Thailand) PCLBKK:TOA-R -1.90%88 EV-to-OCF is 5.04 as of Aug. 30, 2026, which is 80% below its 10-year median of 24.85. GuruFocus rates BKK:TOA-R with a GF Score™ of 88/100 and a GF Value™ of ฿13.39 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,610 Chemicals companies, TOA Paint (Thailand) PCL ranks better than 69.44% on this metric.
The historical rank and industry rank for TOA Paint (Thailand) PCL's EV-to-OCF or its related term are showing as below:
BKK:TOA-R'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.47 Med: 24.85 Max: 48.05
Current: 5.04
During the past 11 years, the highest EV-to-OCF of TOA Paint (Thailand) PCL was 48.05. The lowest was 3.47. And the median was 24.85.
BKK:TOA-R's EV-to-OCF is ranked better than 69.44% of 1610
companies
in the Chemicals industry
Industry Median: 11.48
vs BKK:TOA-R: 5.04
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.
TOA Paint (Thailand) PCL (BKK:TOA-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.
TOA Paint (Thailand) PCL's PE Ratio (TTM) for today is calculated as:
TOA Paint (Thailand) PCL's share price for today is ฿15.19934.
TOA Paint (Thailand) 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 ฿1.646.
* 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.
TOA Paint (Thailand) PCL EV-to-OCF Related Terms
TOA Paint (Thailand) PCL EV-to-OCF Historical Data
* 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 Specialty Chemicals subindustry, TOA Paint (Thailand) 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.
TOA Paint (Thailand) PCL EV-to-OCF vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, TOA Paint (Thailand) PCL's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where TOA Paint (Thailand) PCL's EV-to-OCF falls into.
TOA Paint (Thailand) PCL's current Enterprise Value is ฿21,304 Mil.
TOA Paint (Thailand) 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 ฿4,225 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.
TOA Paint (Thailand) PCL (BKK:TOA-R) has a EV-to-OCF of 5.04 as of Aug. 30, 2026. This is 80% below median its historical median of 24.85. Over the past decade, TOA Paint (Thailand) PCL's EV-to-OCF has ranged from 3.47 to 48.05. According to the industry distribution chart, TOA Paint (Thailand) PCL ranks #492 out of 1610 companies in the Chemicals industry, placing it in the top 30.6%.
Is TOA Paint (Thailand) PCL's EV-to-OCF too high?
TOA Paint (Thailand) PCL's current EV-to-OCF of 5.04 is 80% below median its 10-year median of 24.85. Over the past 10 years, this metric has ranged from a low of 3.47 to a high of 48.05. The Chemicals industry median EV-to-OCF is 11.48. TOA Paint (Thailand) PCL's value of 5.04 is 56.1% below this industry median. Based on the distribution chart, TOA Paint (Thailand) PCL ranks #492 out of 1610 companies in the Chemicals industry, which is above the industry midpoint. Overall, TOA Paint (Thailand) PCL has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOA Paint (Thailand) PCL's EV-to-OCF compare to LIN and SHW?
According to the Chemicals industry distribution chart, TOA Paint (Thailand) PCL ranks #492 out of 1610 companies for EV-to-OCF. This puts TOA Paint (Thailand) PCL in the upper half of its industry. The industry median EV-to-OCF is 11.48. TOA Paint (Thailand) PCL's value of 5.04 is 56.1% below this benchmark. Historically, TOA Paint (Thailand) PCL's own EV-to-OCF has ranged from 3.47 to 48.05 over the past decade. While the company's 10-year median is 24.85 vs. the industry median of 11.48, TOA Paint (Thailand) 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 Chemicals company?
The median EV-to-OCF among Chemicals companies is 11.48, based on 1,610 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. TOA Paint (Thailand) PCL's current EV-to-OCF of 5.04 is 56.1% 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 Chemicals industry, the median EV-to-OCF is 11.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOA Paint (Thailand) PCL's current EV-to-OCF is 5.04, which is 80% below median its own 10-year median of 24.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOA Paint (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, TOA Paint (Thailand) PCL (BKK:TOA-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿13.39, compared to a current price of ฿15.20 — trading 13.5% above its estimated fair value. The current EV-to-OCF is 5.04, which is 80% below median its 10-year median of 24.85 and 56.1% below the Chemicals industry median of 11.48. TOA Paint (Thailand) PCL's overall GF Score™ is 88/100 with 2 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 TOA Paint (Thailand) PCL (BKK:TOA-R), the current EV-to-OCF is 5.04 as of Aug. 30, 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 TOA Paint (Thailand) PCL (BKK:TOA-R) Overvalued in 2026?
Based on GuruFocus' analysis, TOA Paint (Thailand) PCL stock appears to be overvalued.
The current stock price of ฿15.20 is trading 13.5% above its estimated GF Value™ of ฿13.39.
GuruFocus considers TOA Paint (Thailand) PCL to be Modestly Overvalued.
Key valuation signals for BKK:TOA-R:
EV-to-OCF: 5.04 (80% below median its 10-year median of 24.85)
GF Value™: ฿13.39 vs. price of ฿15.20 (13.5% above fair value)
Industry Position: 56.1% below the Chemicals median (#492 of 1610)
No single metric tells the full story. See the BKK:TOA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOA Paint (Thailand) PCL is principally engaged in the manufacture and distribution of paints and chemicals. Its product types are decorative coatings, wood coatings, construction chemicals, heavy-duty coatings, special paint, and hardware and power tools. The company generates a majority of its revenue from Thailand.
88GF Score
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