Asphere Innovations PCLBKK:AS 67 EV-to-FCF is 5.13 as of Jun. 29, 2026, which is 15% below its 10-year median of 6.07. GuruFocus rates BKK:AS with a GF Score™ of 67/100 and a GF Value™ of ฿3.77 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 338 Interactive Media companies, Asphere Innovations PCL ranks better than 67.16% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Asphere Innovations PCL's Enterprise Value is ฿727 Mil.
Asphere Innovations PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿142 Mil. Therefore, Asphere Innovations PCL's EV-to-FCF for today is 5.13.
The historical rank and industry rank for Asphere Innovations PCL's EV-to-FCF or its related term are showing as below:
BKK:AS'
s EV-to-FCF Range Over the Past 10 Years
Min: -42.74 Med: 6.07 Max: 156.4
Current: 5.13
During the past 13 years, the highest EV-to-FCF of Asphere Innovations PCL was 156.40. The lowest was -42.74. And the median was 6.07.
BKK:AS's EV-to-FCF is ranked better than 67.16% of 338
companies
in the Interactive Media industry
Industry Median: 9.6
vs BKK:AS: 5.13
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Asphere Innovations PCL's PE Ratio (TTM) for today is calculated as:
Asphere Innovations PCL's share price for today is ฿2.28.
Asphere Innovations PCL's Earnings per Share (Diluted) 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 ฿0.270.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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.
For the Electronic Gaming & Multimedia subindustry, Asphere Innovations PCL's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Asphere Innovations PCL EV-to-FCF vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Asphere Innovations PCL's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Asphere Innovations PCL's EV-to-FCF falls into.
Asphere Innovations PCL's current Enterprise Value is ฿727 Mil.
Asphere Innovations 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 ฿142 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.
Asphere Innovations PCL (BKK:AS) has a EV-to-FCF of 5.13 as of Jun. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Asphere Innovations PCL and its competitors. This is 15% below median its historical median of 6.07. According to the industry distribution chart, Asphere Innovations PCL ranks #111 out of 338 companies in the Interactive Media industry, placing it in the top 32.8%.
Is Asphere Innovations PCL's EV-to-FCF too high?
Asphere Innovations PCL's current EV-to-FCF of 5.13 is 15% below median its 10-year median of 6.07. The Interactive Media industry median EV-to-FCF is 9.60. Asphere Innovations PCL's value of 5.13 is 46.6% below this industry median. Based on the distribution chart, Asphere Innovations PCL ranks #111 out of 338 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Asphere Innovations PCL has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asphere Innovations PCL's EV-to-FCF compare to NTES and EA?
According to the Interactive Media industry distribution chart, Asphere Innovations PCL ranks #111 out of 338 companies for EV-to-FCF. This puts Asphere Innovations PCL in the upper half of its industry. The industry median EV-to-FCF is 9.60. Asphere Innovations PCL's value of 5.13 is 46.6% below this benchmark. While the company's 10-year median is 6.07 vs. the industry median of 9.60, Asphere Innovations 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-FCF for an Interactive Media company?
The median EV-to-FCF among Interactive Media companies is 9.60, based on 338 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asphere Innovations PCL's current EV-to-FCF of 5.13 is 46.6% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Asphere Innovations PCL and its competitors. For the Interactive Media industry, the median EV-to-FCF is 9.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asphere Innovations PCL's current EV-to-FCF is 5.13, which is 15% below median its own 10-year median of 6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asphere Innovations PCL stock overvalued right now?
Based on GuruFocus' analysis, Asphere Innovations PCL (BKK:AS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.77, compared to a current price of ฿2.28 — trading 39.5% below its estimated fair value. The current EV-to-FCF is 5.13, which is 15% below median its 10-year median of 6.07 and 46.6% below the Interactive Media industry median of 9.60. Asphere Innovations PCL's overall GF Score™ is 67/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Asphere Innovations PCL (BKK:AS), the current EV-to-FCF is 5.13 as of Jun. 29, 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 Asphere Innovations PCL (BKK:AS) Overvalued in 2026?
Based on GuruFocus' analysis, Asphere Innovations PCL stock appears to be undervalued.
The current stock price of ฿2.28 is trading 39.5% below its estimated GF Value™ of ฿3.77.
GuruFocus considers Asphere Innovations PCL to be Possible Value Trap.
Key valuation signals for BKK:AS:
EV-to-FCF: 5.13 (15% below median its 10-year median of 6.07)
GF Value™: ฿3.77 vs. price of ฿2.28 (39.5% below fair value)
Industry Position: 46.6% below the Interactive Media median (#111 of 338)
No single metric tells the full story. See the BKK:AS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asphere Innovations PCL is engaged in providing online game services. The Company operates in two segments: the publishing online game segment, which contributes the majority of the revenue and provides online game publishing services through the internet based on agreements between the publisher and game developers; and the distribution segment, which provides payment channel services. Other income mainly comprises revenue from the provision of marketing services. The Company offers a collection of games across PC and mobile platforms, covering genres such as MMORPG, Casual, SRPG, FPS, and MOBA. It operates in Thailand, Singapore, Vietnam, and other countries, with Singapore contributing the majority of the revenue.
67GF Score
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