Thai Future PCL (BKK:TFI-R) Equity-to-Asset: 0.68 (As of Mar. 2026) — Near Median


BKK:TFI-R Thai Future Inc PCL BKK:TFI-R
12 GF Score
Price ฿0.10
GF Value ฿0.14
! 3 Warning Signs
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What is Thai Future PCL Equity-to-Asset?

Thai Future PCL BKK:TFI-R 12 Equity-to-Asset is 0.68 as of Mar. 2026, which is 1% below its 10-year median of 0.69. GuruFocus rates BKK:TFI-R with a GF Score™ of 12/100 and a GF Value™ of ฿0.14. The stock has 3 warning signs investors should review. Among 400 Packaging & Containers companies, Thai Future PCL ranks better than 72.25% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thai Future PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿1,680.0 Mil. Thai Future PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿2,477.5 Mil. Therefore, Thai Future PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.68.

The historical rank and industry rank for Thai Future PCL's Equity-to-Asset or its related term are showing as below:

BKK:TFI-R' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.09   Med: 0.69   Max: 0.86
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of Thai Future PCL was 0.86. The lowest was -0.09. And the median was 0.69.

BKK:TFI-R's Equity-to-Asset is ranked better than
72.25% of 400 companies
in the Packaging & Containers industry
Industry Median: 0.56 vs BKK:TFI-R: 0.68

Thai Future PCL  (BKK:TFI-R) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Thai Future PCL Equity-to-Asset Related Terms


Thai Future PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Thai Future PCL's Equity-to-Asset 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 Future PCL Equity-to-Asset Chart

Thai Future PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.79 0.75 0.72 0.68

Thai Future PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset 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 0.71 0.69 0.69 0.68 0.68

BKK:TFI-R vs SW, PKG, IP: Equity-to-Asset Comparison

For the Packaging & Containers subindustry, Thai Future PCL's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Future PCL Equity-to-Asset vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thai Future PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Thai Future PCL's Equity-to-Asset falls into.


BKK:TFI-R
12GF Score
Thai Future Inc PCL BKK:TFI-R
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Future PCL Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Thai Future PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=1763.466/2591.107
=0.68

Thai Future PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=1679.976/2477.546
=0.68

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.68 mean?
Thai Future PCL (BKK:TFI-R) has a Equity-to-Asset of 0.68 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Thai Future PCL and its competitors. This is near median its historical median of 0.69. According to the industry distribution chart, Thai Future PCL ranks #111 out of 400 companies in the Packaging & Containers industry, placing it in the top 27.7%.
Is Thai Future PCL's Equity-to-Asset too high?
Thai Future PCL's current Equity-to-Asset of 0.68 is near median its 10-year median of 0.69. The Packaging & Containers industry median Equity-to-Asset is 0.56. Thai Future PCL's value of 0.68 is 21.4% above this industry median. Based on the distribution chart, Thai Future PCL ranks #111 out of 400 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thai Future PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thai Future PCL's Equity-to-Asset compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Future PCL ranks #111 out of 400 companies for Equity-to-Asset. This puts Thai Future PCL in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Thai Future PCL's value of 0.68 is 21.4% above this benchmark. While the company's 10-year median is 0.69 vs. the industry median of 0.56, Thai Future 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 Equity-to-Asset for a Packaging & Containers company?
The median Equity-to-Asset among Packaging & Containers companies is 0.56, based on 400 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Future PCL's current Equity-to-Asset of 0.68 is 21.4% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Thai Future PCL and its competitors. For the Packaging & Containers industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Future PCL's current Equity-to-Asset is 0.68, which is near median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Future PCL stock overvalued right now?
Thai Future PCL (BKK:TFI-R) has a current Equity-to-Asset of 0.68. The stock's GF Value™ is ฿0.14, compared to a current price of ฿0.10 — trading 28.6% below its estimated fair value. The current Equity-to-Asset is 0.68, which is near median its 10-year median of 0.69 and 21.4% above the Packaging & Containers industry median of 0.56. Thai Future PCL's overall GF Score™ is 12/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Thai Future PCL (BKK:TFI-R), the current Equity-to-Asset is 0.68 as of Mar. 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 Future PCL (BKK:TFI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Future PCL stock appears to be undervalued. The current stock price of ฿0.10 is trading 28.6% below its estimated GF Value™ of ฿0.14.

Key valuation signals for BKK:TFI-R:

  • Equity-to-Asset: 0.68 (near median its 10-year median of 0.69)
  • GF Value™: ฿0.14 vs. price of ฿0.10 (28.6% below fair value)
  • GF Score™: 12/100 with 3 warning signs
  • Industry Position: 21.4% above the Packaging & Containers median (#111 of 400)

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


Thai Future PCL Business Description

Other Exchanges TFI:Thailand
Address 73/3 Moo 4, Bangna - Trad Road KM.13, Bangchalong, Bangplee, Sumutprakarn, THA, 10540
Thai Future Inc PCL is engaged in manufacturing of packaging film. The company's products include biaxially oriented polypropylene (BOPP) films, polyester film, cast polypropylene (CPP) films and metallized films to supply domestic and overseas export. The one main reportable operating segment of the company is engaged in mainly in manufacturing of packaging film and the several geographical regions area of their operations is Thailand, Asia, Europe, America and others.
12GF Score

Get the complete analysis for BKK:TFI-R

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

฿0.10
Price
฿0.14
GF Value