Thai Group Holdings PCL (BKK:TGH) Enterprise Value: ฿-32,769 Mil (As of Sep. 10, 2026) ***

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BKK:TGH Thai Group Holdings PCL BKK:TGH
60 GF Score
Price ฿10.70
GF Value ฿12.55
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Thai Group Holdings PCL Enterprise Value?

Thai Group Holdings PCL BKK:TGH +1.90% 60 Enterprise Value is ฿-32,769 Mil as of Sep. 10, 2026. GuruFocus rates BKK:TGH with a GF Score™ of 60/100 and a GF Value™ of ฿12.55 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thai Group Holdings PCL's Enterprise Value is ฿-32,769 Mil. Thai Group Holdings PCL's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ฿3,518 Mil. Therefore, Thai Group Holdings PCL's EV-to-EBIT ratio for today is -9.31.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Thai Group Holdings PCL's Enterprise Value is ฿-32,769 Mil. Thai Group Holdings PCL's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ฿5,721 Mil. Therefore, Thai Group Holdings PCL's EV-to-EBITDA ratio for today is -5.73.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Thai Group Holdings PCL's Enterprise Value is ฿-32,769 Mil. Thai Group Holdings PCL's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was ฿14,429 Mil. Therefore, Thai Group Holdings PCL's EV-to-Revenue ratio for today is -2.27.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Thai Group Holdings PCL's Enterprise Value is ฿-32,769 Mil. Thai Group Holdings PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ฿5,742 Mil. Therefore, Thai Group Holdings PCL's EV-to-OCF ratio for today is -5.71.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Thai Group Holdings PCL's Enterprise Value is ฿-32,769 Mil. Thai Group Holdings PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was ฿1,848 Mil. Therefore, Thai Group Holdings PCL's EV-to-FCF ratio for today is -17.73.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Thai Group Holdings PCL  (BKK:TGH) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Thai Group Holdings PCL's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-32769.234/3518.112
=-9.31

Thai Group Holdings PCL's current Enterprise Value is ฿-32,769 Mil.
Thai Group Holdings PCL's EBIT 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 ฿3,518 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Thai Group Holdings PCL's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=-32769.234/5720.67
=-5.73

Thai Group Holdings PCL's current Enterprise Value is ฿-32,769 Mil.
Thai Group Holdings PCL's EBITDA 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 ฿5,721 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Thai Group Holdings PCL's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-32769.234/14429.078
=-2.27

Thai Group Holdings PCL's current Enterprise Value is ฿-32,769 Mil.
Thai Group Holdings PCL's Revenue 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 ฿14,429 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Thai Group Holdings PCL's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=-32769.234/5741.566
=-5.71

Thai Group Holdings PCL's current Enterprise Value is ฿-32,769 Mil.
Thai Group Holdings 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 ฿5,742 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Thai Group Holdings PCL's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=-32769.234/1848.059
=-17.73

Thai Group Holdings PCL's current Enterprise Value is ฿-32,769 Mil.
Thai Group Holdings PCL's Free Cash Flow 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 ฿1,848 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 Group Holdings PCL Enterprise Value Related Terms


Thai Group Holdings PCL Enterprise Value Historical Data

* Premium members only.

The historical data trend for Thai Group Holdings PCL's Enterprise Value 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 Group Holdings PCL Enterprise Value Chart

Thai Group Holdings PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 10,184.76 -12,184.62 16,867.35 13,146.67 10,183.22

Thai Group Holdings PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27,939.68 -30,836.23 10,183.22 -29,887.30 -31,791.50

BKK:TGH vs BRK.A, AIG, HIG: Enterprise Value Comparison

For the Insurance - Diversified subindustry, Thai Group Holdings PCL's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Group Holdings PCL Enterprise Value vs Insurance Industry

For the Insurance industry and Financial Services sector, Thai Group Holdings PCL's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Thai Group Holdings PCL's Enterprise Value falls into.


BKK:TGH
60GF Score
Thai Group Holdings PCL BKK:TGH
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Group Holdings PCL Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Thai Group Holdings PCL's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Thai Group Holdings PCL's Enterprise Value for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ฿-32,769 Mil mean?
Thai Group Holdings PCL (BKK:TGH) has a Enterprise Value of ฿-32,769 Mil as of Sep. 10, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thai Group Holdings PCL and its competitors.
Is Thai Group Holdings PCL's Enterprise Value too high?
Thai Group Holdings PCL's current Enterprise Value is ฿-32,769 Mil. Overall, Thai Group Holdings PCL has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Group Holdings PCL's Enterprise Value compare to BRK.A and AIG?
Thai Group Holdings PCL's Enterprise Value of ฿-32,769 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Insurance company?
A good Enterprise Value depends on the Insurance industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thai Group Holdings PCL and its competitors. Thai Group Holdings PCL's current Enterprise Value is ฿-32,769 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Group Holdings PCL (BKK:TGH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿12.55, compared to a current price of ฿10.70 — trading 14.7% below its estimated fair value. The current Enterprise Value is ฿-32,769 Mil. Thai Group Holdings PCL's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Thai Group Holdings PCL (BKK:TGH), the current Enterprise Value is ฿-32,769 Mil as of Sep. 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 Thai Group Holdings PCL (BKK:TGH) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Group Holdings PCL stock appears to be undervalued. The current stock price of ฿10.70 is trading 14.7% below its estimated GF Value™ of ฿12.55. GuruFocus considers Thai Group Holdings PCL to be Modestly Undervalued.

Key valuation signals for BKK:TGH:

  • Enterprise Value: ฿-32,769 Mil
  • GF Value™: ฿12.55 vs. price of ฿10.70 (14.7% below fair value)
  • GF Score™: 60/100 with 8 warning signs

No single metric tells the full story. See the BKK:TGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Group Holdings PCL Business Description

Address Silom Road, 315 Thai Group Building, 12th Floor, Silom, Bangrak, Bangkok, THA, 10500
Thai Group Holdings PCL is a Thailand-based holding company. The principal activities of the group are underwriting life assurance, underwriting non-life insurance, leasing, hire purchase services, lending, and sales of second-hand cars. It operates in four segments: Life Insurance business, Non - Life insurance business, Financial service business, and Other businesses. The vast majority of the revenues are generated from the Life insurance business segment. The company is managed and operates principally in Thailand.
60GF Score

Get the complete analysis for BKK:TGH

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿10.70
Price
฿12.55
GF Value