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Ziga Innovation PCLBKK:ZIGA-R +4.33%67 EV-to-OCF is 17.90 as of Aug. 31, 2026, which is 79% above its 10-year median of 10.01. GuruFocus rates BKK:ZIGA-R with a GF Score™ of 67/100 and a GF Value™ of ฿1.24 (Fairly Valued). The stock has 5 warning signs investors should review. Among 634 Steel companies, Ziga Innovation PCL ranks worse than 74.76% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ziga Innovation PCL's Enterprise Value is ฿919.3 Mil.
Ziga Innovation PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ฿51.4 Mil. Therefore, Ziga Innovation PCL's EV-to-OCF for today is 17.90.
The historical rank and industry rank for Ziga Innovation PCL's EV-to-OCF or its related term are showing as below:
BKK:ZIGA-R'
s EV-to-OCF Range Over the Past 10 Years
Min: -357.11 Med: 10.01 Max: 387.61
Current: 17.9
During the past 12 years, the highest EV-to-OCF of Ziga Innovation PCL was 387.61. The lowest was -357.11. And the median was 10.01.
BKK:ZIGA-R's EV-to-OCF is ranked worse than 74.76% of 634
companies
in the Steel industry
Industry Median: 7.64
vs BKK:ZIGA-R: 17.90
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.
Ziga Innovation PCL's PE Ratio (TTM) for today is calculated as:
Ziga Innovation PCL's share price for today is ฿1.23709.
Ziga Innovation 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 ฿0.030.
* 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.
Ziga Innovation PCL EV-to-OCF Related Terms
Ziga Innovation PCL EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Ziga Innovation 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, Ziga Innovation 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.
Ziga Innovation PCL EV-to-OCF vs Steel Industry
For the Steel industry and Basic Materials sector, Ziga Innovation PCL's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Ziga Innovation PCL's EV-to-OCF falls into.
Ziga Innovation PCL's current Enterprise Value is ฿919.3 Mil.
Ziga Innovation 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 ฿51.4 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.
Ziga Innovation PCL (BKK:ZIGA-R) has a EV-to-OCF of 17.90 as of Aug. 31, 2026. This is 79% above median its historical median of 10.01. According to the industry distribution chart, Ziga Innovation PCL ranks #474 out of 634 companies in the Steel industry, placing it in the top 74.8%.
Is Ziga Innovation PCL's EV-to-OCF too high?
Ziga Innovation PCL's current EV-to-OCF of 17.90 is 79% above median its 10-year median of 10.01. The Steel industry median EV-to-OCF is 7.64. Ziga Innovation PCL's value of 17.90 is 134.3% above this industry median. Based on the distribution chart, Ziga Innovation PCL ranks #474 out of 634 companies in the Steel industry, which is below the industry midpoint. Overall, Ziga Innovation PCL has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ziga Innovation PCL's EV-to-OCF compare to NUE and STLD?
According to the Steel industry distribution chart, Ziga Innovation PCL ranks #474 out of 634 companies for EV-to-OCF. This places Ziga Innovation PCL in the lower half of its industry. The industry median EV-to-OCF is 7.64. Ziga Innovation PCL's value of 17.90 is 134.3% above this benchmark. While the company's 10-year median is 10.01 vs. the industry median of 7.64, Ziga Innovation 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 Steel company?
The median EV-to-OCF among Steel companies is 7.64, based on 634 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. Ziga Innovation PCL's current EV-to-OCF of 17.90 is 134.3% 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 Steel industry, the median EV-to-OCF is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ziga Innovation PCL's current EV-to-OCF is 17.90, which is 79% above median its own 10-year median of 10.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ziga Innovation PCL stock overvalued right now?
Based on GuruFocus' analysis, Ziga Innovation PCL (BKK:ZIGA-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.24, compared to a current price of ฿1.24 — trading 0.2% below its estimated fair value. The current EV-to-OCF is 17.90, which is 79% above median its 10-year median of 10.01 and 134.3% above the Steel industry median of 7.64. Ziga Innovation PCL's overall GF Score™ is 67/100 with 5 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 Ziga Innovation PCL (BKK:ZIGA-R), the current EV-to-OCF is 17.90 as of Aug. 31, 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 Ziga Innovation PCL (BKK:ZIGA-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ziga Innovation PCL stock appears to be undervalued.
The current stock price of ฿1.24 is trading 0.2% below its estimated GF Value™ of ฿1.24.
GuruFocus considers Ziga Innovation PCL to be Fairly Valued.
Key valuation signals for BKK:ZIGA-R:
EV-to-OCF: 17.90 (79% above median its 10-year median of 10.01)
GF Value™: ฿1.24 vs. price of ฿1.24 (0.2% below fair value)
Industry Position: 134.3% above the Steel median (#474 of 634)
No single metric tells the full story. See the BKK:ZIGA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ziga Innovation PCL is a steel manufacturer. It is engaged in the manufacturing and trading of steel conduits for electrical wiring systems and steel piping for construction and real estate business. Its segment includes wholesale and retail. It derives majority of its revenues from the wholesale segment. The company operates in Thailand.
67GF Score
Get the complete analysis for BKK:ZIGA-R
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