Varopakorn PCL (BKK:VARO) Enterprise Value: ฿1,306 Mil (As of Sep. 03, 2026) ***

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BKK:VARO Varopakorn PCL BKK:VARO
56 GF Score
Price ฿6.00
GF Value ฿3.95
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Varopakorn PCL Enterprise Value?

Varopakorn PCL BKK:VARO 56 Enterprise Value is ฿1,306 Mil as of Sep. 03, 2026. GuruFocus rates BKK:VARO with a GF Score™ of 56/100 and a GF Value™ of ฿3.95 (Significantly Overvalued). 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, Varopakorn PCL's Enterprise Value is ฿1,306 Mil. Varopakorn PCL's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ฿189 Mil. Therefore, Varopakorn PCL's EV-to-EBIT ratio for today is 6.91.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Varopakorn PCL's Enterprise Value is ฿1,306 Mil. Varopakorn PCL's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ฿277 Mil. Therefore, Varopakorn PCL's EV-to-EBITDA ratio for today is 4.71.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Varopakorn PCL's Enterprise Value is ฿1,306 Mil. Varopakorn PCL's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was ฿2,649 Mil. Therefore, Varopakorn PCL's EV-to-Revenue ratio for today is 0.49.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Varopakorn PCL's Enterprise Value is ฿1,306 Mil. Varopakorn PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ฿224 Mil. Therefore, Varopakorn PCL's EV-to-OCF ratio for today is 5.84.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Varopakorn PCL's Enterprise Value is ฿1,306 Mil. Varopakorn PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was ฿182 Mil. Therefore, Varopakorn PCL's EV-to-FCF ratio for today is 7.18.

*** 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.


Varopakorn PCL  (BKK:VARO) 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.

Varopakorn PCL's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1305.762/189.085
=6.91

Varopakorn PCL's current Enterprise Value is ฿1,306 Mil.
Varopakorn 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 ฿189 Mil.

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

Varopakorn PCL's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1305.762/277.398
=4.71

Varopakorn PCL's current Enterprise Value is ฿1,306 Mil.
Varopakorn 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 ฿277 Mil.

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

Varopakorn PCL's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1305.762/2649.34
=0.49

Varopakorn PCL's current Enterprise Value is ฿1,306 Mil.
Varopakorn 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 ฿2,649 Mil.

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

Varopakorn PCL's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1305.762/223.564
=5.84

Varopakorn PCL's current Enterprise Value is ฿1,306 Mil.
Varopakorn 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 ฿224 Mil.

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

Varopakorn PCL's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1305.762/181.785
=7.18

Varopakorn PCL's current Enterprise Value is ฿1,306 Mil.
Varopakorn 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 ฿182 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.


Varopakorn PCL Enterprise Value Related Terms


Varopakorn PCL Enterprise Value Historical Data

* Premium members only.

The historical data trend for Varopakorn 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.

Varopakorn PCL Enterprise Value Chart

Varopakorn 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 1,875.97 1,813.65 1,408.30 1,493.45 1,241.21

Varopakorn 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 1,329.58 1,004.49 1,241.21 1,479.79 1,105.96

BKK:VARO vs AA, CENX, CSTM: Enterprise Value Comparison

For the Aluminum subindustry, Varopakorn 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.


Varopakorn PCL Enterprise Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Varopakorn PCL's Enterprise Value distribution charts can be found below:

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


BKK:VARO
56GF Score
Varopakorn PCL BKK:VARO
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Varopakorn 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.

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

Varopakorn 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 ฿1,306 Mil mean?
Varopakorn PCL (BKK:VARO) has a Enterprise Value of ฿1,306 Mil as of Sep. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Varopakorn PCL and its competitors.
Is Varopakorn PCL's Enterprise Value too high?
Varopakorn PCL's current Enterprise Value is ฿1,306 Mil. Overall, Varopakorn PCL has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Varopakorn PCL's Enterprise Value compare to AA and CENX?
Varopakorn PCL's Enterprise Value of ฿1,306 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining 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 Varopakorn PCL and its competitors. Varopakorn PCL's current Enterprise Value is ฿1,306 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varopakorn PCL stock overvalued right now?
Based on GuruFocus' analysis, Varopakorn PCL (BKK:VARO) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.95, compared to a current price of ฿6.00 — trading 51.9% above its estimated fair value. The current Enterprise Value is ฿1,306 Mil. Varopakorn PCL's overall GF Score™ is 56/100 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 Varopakorn PCL (BKK:VARO), the current Enterprise Value is ฿1,306 Mil as of Sep. 03, 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 Varopakorn PCL (BKK:VARO) Overvalued in 2026?

Based on GuruFocus' analysis, Varopakorn PCL stock appears to be overvalued. The current stock price of ฿6.00 is trading 51.9% above its estimated GF Value™ of ฿3.95. GuruFocus considers Varopakorn PCL to be Significantly Overvalued.

Key valuation signals for BKK:VARO:

  • Enterprise Value: ฿1,306 Mil
  • GF Value™: ฿3.95 vs. price of ฿6.00 (51.9% above fair value)
  • GF Score™: 56/100 with 6 warning signs

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


Varopakorn PCL Business Description

Address 181 Soi Amorn, Nanglinchee Road, Chongnonsri, Yannawa, Bangkok, THA, 10120
Varopakorn PCL is engaged in the manufacturing and distribution of semi-finished aluminum products in Thailand. Its Aluminium rolled products have been developed to be of standard quality and a wider range, such as Bare Finstock, Precoated Finstock, Capstocks, Foil, Coil, Sheet, and Automotive Fin. It generates revenue from Thailand, Asia, America, Europe, and Oceania.
56GF Score

Get the complete analysis for BKK:VARO

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

฿6.00
Price
฿3.95
GF Value