The Steel PCL (BKK:THE-R) Enterprise Value: ฿1,867 Mil (As of Jun. 26, 2026) ***


BKK:THE-R The Steel PCL BKK:THE-R
28 GF Score
Price ฿0.83
GF Value ฿0.88
! 6 Warning Signs
View Full Analysis

What is The Steel PCL Enterprise Value?

The Steel PCL BKK:THE-R 28 Enterprise Value is ฿1,867 Mil as of Jun. 26, 2026. GuruFocus rates BKK:THE-R with a GF Score™ of 28/100 and a GF Value™ of ฿0.88. The stock has 6 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, The Steel PCL's Enterprise Value is ฿1,867 Mil. The Steel PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿63 Mil. Therefore, The Steel PCL's EV-to-EBIT ratio for today is 29.57.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, The Steel PCL's Enterprise Value is ฿1,867 Mil. The Steel PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ฿125 Mil. Therefore, The Steel PCL's EV-to-EBITDA ratio for today is 14.95.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, The Steel PCL's Enterprise Value is ฿1,867 Mil. The Steel PCL's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ฿6,677 Mil. Therefore, The Steel PCL's EV-to-Revenue ratio for today is 0.28.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, The Steel PCL's Enterprise Value is ฿1,867 Mil. The Steel PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ฿326 Mil. Therefore, The Steel PCL's EV-to-OCF ratio for today is 5.73.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, The Steel PCL's Enterprise Value is ฿1,867 Mil. The Steel PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿318 Mil. Therefore, The Steel PCL's EV-to-FCF ratio for today is 5.86.

*** 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.


The Steel PCL  (BKK:THE-R) 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.

The Steel PCL's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1866.900/63.144
=29.57

The Steel PCL's current Enterprise Value is ฿1,867 Mil.
The Steel PCL's EBIT 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 ฿63 Mil.

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

The Steel PCL's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1866.900/124.861
=14.95

The Steel PCL's current Enterprise Value is ฿1,867 Mil.
The Steel PCL's EBITDA 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 ฿125 Mil.

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

The Steel PCL's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1866.900/6676.533
=0.28

The Steel PCL's current Enterprise Value is ฿1,867 Mil.
The Steel 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 ฿6,677 Mil.

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

The Steel PCL's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1866.900/325.875
=5.73

The Steel PCL's current Enterprise Value is ฿1,867 Mil.
The Steel PCL's Cash Flow from Operations 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 ฿326 Mil.

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

The Steel PCL's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1866.900/318.345
=5.86

The Steel PCL's current Enterprise Value is ฿1,867 Mil.
The Steel PCL's Free Cash Flow 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 ฿318 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.


The Steel PCL Enterprise Value Related Terms


The Steel PCL Enterprise Value Historical Data

* Premium members only.

The historical data trend for The Steel 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.

The Steel PCL Enterprise Value Chart

The Steel PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,083.61 4,102.79 3,447.09 3,149.50 2,095.69

The Steel PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2,083.92 2,346.21 2,296.92 2,095.69 1,925.15

BKK:THE-R vs NUE, STLD, RS: Enterprise Value Comparison

For the Steel subindustry, The Steel 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.


The Steel PCL Enterprise Value vs Steel Industry

For the Steel industry and Basic Materials sector, The Steel PCL's Enterprise Value distribution charts can be found below:

* The bar in red indicates where The Steel PCL's Enterprise Value falls into.


BKK:THE-R
28GF Score
The Steel PCL BKK:THE-R
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Steel 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.

The Steel PCL's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

The Steel PCL's Enterprise Value for the quarter that ended in Mar. 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 ฿1,867 Mil mean?
The Steel PCL (BKK:THE-R) has a Enterprise Value of ฿1,867 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on The Steel PCL and its competitors.
Is The Steel PCL's Enterprise Value too high?
The Steel PCL's current Enterprise Value is ฿1,867 Mil. Overall, The Steel PCL has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does The Steel PCL's Enterprise Value compare to NUE and STLD?
The Steel PCL's Enterprise Value of ฿1,867 Mil can be compared against companies in the Steel 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 a Steel company?
A good Enterprise Value depends on the Steel 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 The Steel PCL and its competitors. The Steel PCL's current Enterprise Value is ฿1,867 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Steel PCL stock overvalued right now?
The Steel PCL (BKK:THE-R) has a current Enterprise Value of ฿1,867 Mil. The stock's GF Value™ is ฿0.88, compared to a current price of ฿0.83 — trading 5.4% below its estimated fair value. The current Enterprise Value is ฿1,867 Mil. The Steel PCL's overall GF Score™ is 28/100 with 6 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 The Steel PCL (BKK:THE-R), the current Enterprise Value is ฿1,867 Mil as of Jun. 26, 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 The Steel PCL (BKK:THE-R) Overvalued in 2026?

Based on GuruFocus' analysis, The Steel PCL stock appears to be undervalued. The current stock price of ฿0.83 is trading 5.4% below its estimated GF Value™ of ฿0.88.

Key valuation signals for BKK:THE-R:

  • Enterprise Value: ฿1,867 Mil
  • GF Value™: ฿0.88 vs. price of ฿0.83 (5.4% below fair value)
  • GF Score™: 28/100 with 6 warning signs

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


The Steel PCL Business Description

Other Exchanges THE:Thailand
Address 7/4, 7/6 Moo 1 Khae rai, Kratumban, Samutsakorn, THA, 74110
The Steel PCL is principally engaged in the selling and transforming hot rolled steel sheets and coils and other structural steels and logistic services of steel. Its product portfolio includes hot-rolled coils, and processed forms such as slit coils, steel sheets, hot-formed structural steel, and cold-formed structural steel, as well as other steel products. In addition, the company also processes certain steel products, including steel sheets, slit coils, flat steel, folded angle steel, folded channel steel, steel pipes, and C-shaped structural steel. The company operates in two reportable segments: Revenue from sales of steels, which accounts for a majority of its revenue, and Revenue from logistic services. Geographically, it is managed and operates principally in Thailand.
28GF Score

Get the complete analysis for BKK:THE-R

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

฿0.83
Price
฿0.88
GF Value