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Vanachai Group PCLBKK:VNG-R 63 EV-to-OCF is 36.20 as of Sep. 02, 2026, which is 212% above its 10-year median of 11.59. GuruFocus rates BKK:VNG-R with a GF Score™ of 63/100 and a GF Value™ of ฿2.02 (Fairly Valued). The stock has 7 warning signs investors should review. Among 284 Forest Products companies, Vanachai Group PCL ranks worse than 88.03% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Vanachai Group PCL's Enterprise Value is ฿13,097 Mil.
Vanachai Group PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ฿362 Mil. Therefore, Vanachai Group PCL's EV-to-OCF for today is 36.20.
The historical rank and industry rank for Vanachai Group PCL's EV-to-OCF or its related term are showing as below:
BKK:VNG-R'
s EV-to-OCF Range Over the Past 10 Years
Min: 4.79 Med: 11.59 Max: 88.23
Current: 36.06
During the past 13 years, the highest EV-to-OCF of Vanachai Group PCL was 88.23. The lowest was 4.79. And the median was 11.59.
BKK:VNG-R's EV-to-OCF is ranked worse than 88.03% of 284
companies
in the Forest Products industry
Industry Median: 8.17
vs BKK:VNG-R: 36.06
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.
Vanachai Group PCL (BKK:VNG-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.
Vanachai Group PCL's PE Ratio (TTM) for today is calculated as:
Vanachai Group PCL's share price for today is ฿1.97.
Vanachai Group 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 ฿-0.550.
* 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.
Vanachai Group PCL EV-to-OCF Related Terms
Vanachai Group PCL EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Vanachai Group 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 Lumber & Wood Production subindustry, Vanachai Group 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.
Vanachai Group PCL EV-to-OCF vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Vanachai Group PCL's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Vanachai Group PCL's EV-to-OCF falls into.
Vanachai Group PCL's current Enterprise Value is ฿13,097 Mil.
Vanachai Group 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 ฿362 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.
Vanachai Group PCL (BKK:VNG-R) has a EV-to-OCF of 36.20 as of Sep. 02, 2026. This is 212% above median its historical median of 11.59. Over the past decade, Vanachai Group PCL's EV-to-OCF has ranged from 4.79 to 88.23. According to the industry distribution chart, Vanachai Group PCL ranks #250 out of 284 companies in the Forest Products industry, placing it in the top 88%.
Is Vanachai Group PCL's EV-to-OCF too high?
Vanachai Group PCL's current EV-to-OCF of 36.20 is 212% above median its 10-year median of 11.59. Over the past 10 years, this metric has ranged from a low of 4.79 to a high of 88.23. The Forest Products industry median EV-to-OCF is 8.17. Vanachai Group PCL's value of 36.20 is 343.1% above this industry median. Based on the distribution chart, Vanachai Group PCL ranks #250 out of 284 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Vanachai Group PCL has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vanachai Group PCL's EV-to-OCF compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Vanachai Group PCL ranks #250 out of 284 companies for EV-to-OCF. This places Vanachai Group PCL in the lower half of its industry. The industry median EV-to-OCF is 8.17. Vanachai Group PCL's value of 36.20 is 343.1% above this benchmark. Historically, Vanachai Group PCL's own EV-to-OCF has ranged from 4.79 to 88.23 over the past decade. While the company's 10-year median is 11.59 vs. the industry median of 8.17, Vanachai Group 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 a Forest Products company?
The median EV-to-OCF among Forest Products companies is 8.17, based on 284 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. Vanachai Group PCL's current EV-to-OCF of 36.20 is 343.1% 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 Forest Products industry, the median EV-to-OCF is 8.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanachai Group PCL's current EV-to-OCF is 36.20, which is 212% above median its own 10-year median of 11.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanachai Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Vanachai Group PCL (BKK:VNG-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.02, compared to a current price of ฿1.97 — trading 2.5% below its estimated fair value. The current EV-to-OCF is 36.20, which is 212% above median its 10-year median of 11.59 and 343.1% above the Forest Products industry median of 8.17. Vanachai Group PCL's overall GF Score™ is 63/100 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 Vanachai Group PCL (BKK:VNG-R), the current EV-to-OCF is 36.20 as of Sep. 02, 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 Vanachai Group PCL (BKK:VNG-R) Overvalued in 2026?
Based on GuruFocus' analysis, Vanachai Group PCL stock appears to be undervalued.
The current stock price of ฿1.97 is trading 2.5% below its estimated GF Value™ of ฿2.02.
GuruFocus considers Vanachai Group PCL to be Fairly Valued.
Key valuation signals for BKK:VNG-R:
EV-to-OCF: 36.20 (212% above median its 10-year median of 11.59)
GF Value™: ฿2.02 vs. price of ฿1.97 (2.5% below fair value)
Industry Position: 343.1% above the Forest Products median (#250 of 284)
No single metric tells the full story. See the BKK:VNG-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vanachai Group PCL is a Thailand-based company. The principal activities of the company and its subsidiaries involve the production and distribution of wood plates, MDF boards, Particle boards, Doorskin, and Malamine on wood plates. The company creates wood-based goods such as particleboards, medium-density fiberboards (MDF boards), Doorskin, and melamine laminated particleboards, which are distributed to both domestic and international markets. It also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.
63GF Score
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