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Thai Solar Energy PCLBKK:TSE-R 46 EV-to-Revenue is 3.34 as of Aug. 17, 2026, which is 75% below its 10-year median of 13.15. GuruFocus rates BKK:TSE-R with a GF Score™ of 46/100 and a GF Value™ of ฿0.73. The stock has 5 warning signs investors should review. Among 431 Utilities - Independent Power Producers companies, Thai Solar Energy PCL ranks better than 59.63% on this metric.
EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Thai Solar Energy PCL's enterprise value is ฿4,089 Mil.
Thai Solar Energy PCL's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,224 Mil. Therefore, Thai Solar Energy PCL's EV-to-Revenue for today is 3.34.
The historical rank and industry rank for Thai Solar Energy PCL's EV-to-Revenue or its related term are showing as below:
BKK:TSE-R'
s EV-to-Revenue Range Over the Past 10 Years
Min: 2.89 Med: 13.15 Max: 73.62
Current: 3.34
During the past 13 years, the highest EV-to-Revenue of Thai Solar Energy PCL was 73.62. The lowest was 2.89. And the median was 13.15.
BKK:TSE-R's EV-to-Revenue is ranked better than 59.63% of 431
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.51
vs BKK:TSE-R: 3.34
Thai Solar Energy PCL's share price for today is ฿0.60558.
Thai Solar Energy PCL's Revenue per Share 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 ฿0.53.
* 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.
Thai Solar Energy PCL EV-to-Revenue Related Terms
Thai Solar Energy PCL EV-to-Revenue Historical Data
* Premium members only.
The historical data trend for Thai Solar Energy PCL's EV-to-Revenue 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.
Thai Solar Energy PCL EV-to-Revenue Competitor Comparison
For the Utilities - Renewable subindustry, Thai Solar Energy PCL's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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.
Thai Solar Energy PCL EV-to-Revenue vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thai Solar Energy PCL's EV-to-Revenue distribution charts can be found below:
* The bar in red indicates where Thai Solar Energy PCL's EV-to-Revenue falls into.
Thai Solar Energy PCL's current Enterprise Value is ฿4,089 Mil.
Thai Solar Energy PCL's Revenue 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 ฿1,224 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.
Thai Solar Energy PCL (BKK:TSE-R) has a EV-to-Revenue of 3.34 as of Aug. 17, 2026. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on Thai Solar Energy PCL and its competitors. This is 75% below median its historical median of 13.15. Over the past decade, Thai Solar Energy PCL's EV-to-Revenue has ranged from 2.89 to 73.62. According to the industry distribution chart, Thai Solar Energy PCL ranks #174 out of 431 companies in the Utilities - Independent Power Producers industry, placing it in the top 40.4%.
Is Thai Solar Energy PCL's EV-to-Revenue too high?
Thai Solar Energy PCL's current EV-to-Revenue of 3.34 is 75% below median its 10-year median of 13.15. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 73.62. The Utilities - Independent Power Producers industry median EV-to-Revenue is 4.51. Thai Solar Energy PCL's value of 3.34 is 25.9% below this industry median. Based on the distribution chart, Thai Solar Energy PCL ranks #174 out of 431 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Thai Solar Energy PCL has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Thai Solar Energy PCL's EV-to-Revenue compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Thai Solar Energy PCL ranks #174 out of 431 companies for EV-to-Revenue. This puts Thai Solar Energy PCL in the upper half of its industry. The industry median EV-to-Revenue is 4.51. Thai Solar Energy PCL's value of 3.34 is 25.9% below this benchmark. Historically, Thai Solar Energy PCL's own EV-to-Revenue has ranged from 2.89 to 73.62 over the past decade. While the company's 10-year median is 13.15 vs. the industry median of 4.51, Thai Solar Energy 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-Revenue for an Utilities - Independent Power Producers company?
The median EV-to-Revenue among Utilities - Independent Power Producers companies is 4.51, based on 431 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-Revenue significantly above this median, while those in the bottom quartile fall well below. However, EV-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Solar Energy PCL's current EV-to-Revenue of 3.34 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-Revenue mean?
A high EV-to-Revenue can signal that a stock is expensive relative to its fundamentals. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on Thai Solar Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-Revenue is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Solar Energy PCL's current EV-to-Revenue is 3.34, which is 75% below median its own 10-year median of 13.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Solar Energy PCL stock overvalued right now?
Thai Solar Energy PCL (BKK:TSE-R) has a current EV-to-Revenue of 3.34. The stock's GF Value™ is ฿0.73, compared to a current price of ฿0.61 — trading 17% below its estimated fair value. The current EV-to-Revenue is 3.34, which is 75% below median its 10-year median of 13.15 and 25.9% below the Utilities - Independent Power Producers industry median of 4.51. Thai Solar Energy PCL's overall GF Score™ is 46/100 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-Revenue calculated?
EV-to-Revenue is calculated from a company's financial statements. For Thai Solar Energy PCL (BKK:TSE-R), the current EV-to-Revenue is 3.34 as of Aug. 17, 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 Thai Solar Energy PCL (BKK:TSE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Solar Energy PCL stock appears to be undervalued.
The current stock price of ฿0.61 is trading 17% below its estimated GF Value™ of ฿0.73.
Key valuation signals for BKK:TSE-R:
EV-to-Revenue: 3.34 (75% below median its 10-year median of 13.15)
GF Value™: ฿0.73 vs. price of ฿0.61 (17% below fair value)
Industry Position: 25.9% below the Utilities - Independent Power Producers median (#174 of 431)
No single metric tells the full story. See the BKK:TSE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Solar Energy PCL is engaged in the generation and distribution of electricity from solar power to the government and private sector. The company has its operational footprints in Thailand and Japan. Its operating segments are Domestic and International of which, the company generates a majority of its revenue from the Domestic segment. The firm's projects are Solar PV Farms Thailand, Solar PV Farms Japan, Solar PV Rooftop Plants Thailand and Biomass Power Plants.
46GF Score
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