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SPCG PCLBKK:SPCG -0.54%63 EV-to-FCF is 11.13 as of Jul. 15, 2026, which is 62% above its 10-year median of 6.85. GuruFocus rates BKK:SPCG with a GF Score™ of 63/100 and a GF Value™ of ฿6.19 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 236 Utilities - Independent Power Producers companies, SPCG PCL ranks better than 67.8% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, SPCG PCL's Enterprise Value is ฿10,815 Mil.
SPCG PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿972 Mil. Therefore, SPCG PCL's EV-to-FCF for today is 11.13.
The historical rank and industry rank for SPCG PCL's EV-to-FCF or its related term are showing as below:
BKK:SPCG'
s EV-to-FCF Range Over the Past 10 Years
Min: 3.08 Med: 6.85 Max: 23.72
Current: 10.91
During the past 13 years, the highest EV-to-FCF of SPCG PCL was 23.72. The lowest was 3.08. And the median was 6.85.
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.
SPCG PCL's share price for today is ฿9.25.
SPCG 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 ฿0.336.
* 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.
SPCG PCL EV-to-FCF Related Terms
SPCG PCL EV-to-FCF Historical Data
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The historical data trend for SPCG PCL's EV-to-FCF 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.
For the Utilities - Renewable subindustry, SPCG 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.
SPCG PCL EV-to-FCF vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, SPCG PCL's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where SPCG PCL's EV-to-FCF falls into.
SPCG PCL's current Enterprise Value is ฿10,815 Mil.
SPCG 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 ฿972 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.
SPCG PCL (BKK:SPCG) has a EV-to-FCF of 11.13 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on SPCG PCL and its competitors. This is 62% above median its historical median of 6.85. Over the past decade, SPCG PCL's EV-to-FCF has ranged from 3.08 to 23.72. According to the industry distribution chart, SPCG PCL ranks #76 out of 236 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.2%.
Is SPCG PCL's EV-to-FCF too high?
SPCG PCL's current EV-to-FCF of 11.13 is 62% above median its 10-year median of 6.85. Over the past 10 years, this metric has ranged from a low of 3.08 to a high of 23.72. The Utilities - Independent Power Producers industry median EV-to-FCF is 15.36. SPCG PCL's value of 11.13 is 27.5% below this industry median. Based on the distribution chart, SPCG PCL ranks #76 out of 236 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, SPCG PCL has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPCG PCL's EV-to-FCF compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, SPCG PCL ranks #76 out of 236 companies for EV-to-FCF. This puts SPCG PCL in the upper half of its industry. The industry median EV-to-FCF is 15.36. SPCG PCL's value of 11.13 is 27.5% below this benchmark. Historically, SPCG PCL's own EV-to-FCF has ranged from 3.08 to 23.72 over the past decade. While the company's 10-year median is 6.85 vs. the industry median of 15.36, SPCG 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 Utilities - Independent Power Producers company?
The median EV-to-FCF among Utilities - Independent Power Producers companies is 15.36, based on 236 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. SPCG PCL's current EV-to-FCF of 11.13 is 27.5% 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 SPCG PCL and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-FCF is 15.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPCG PCL's current EV-to-FCF is 11.13, which is 62% above median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPCG PCL stock overvalued right now?
Based on GuruFocus' analysis, SPCG PCL (BKK:SPCG) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿6.19, compared to a current price of ฿9.25 — trading 49.4% above its estimated fair value. The current EV-to-FCF is 11.13, which is 62% above median its 10-year median of 6.85 and 27.5% below the Utilities - Independent Power Producers industry median of 15.36. SPCG PCL's overall GF Score™ is 63/100 with 8 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 SPCG PCL (BKK:SPCG), the current EV-to-FCF is 11.13 as of Jul. 15, 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 SPCG PCL (BKK:SPCG) Overvalued in 2026?
Based on GuruFocus' analysis, SPCG PCL stock appears to be overvalued.
The current stock price of ฿9.25 is trading 49.4% above its estimated GF Value™ of ฿6.19.
GuruFocus considers SPCG PCL to be Significantly Overvalued.
Key valuation signals for BKK:SPCG:
EV-to-FCF: 11.13 (62% above median its 10-year median of 6.85)
GF Value™: ฿6.19 vs. price of ฿9.25 (49.4% above fair value)
Industry Position: 27.5% below the Utilities - Independent Power Producers median (#76 of 236)
No single metric tells the full story. See the BKK:SPCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPCG PCL is a holding company. The principal activities and reportable segments of the group are one production and distribution of electricity from solar energy, second the manufacture, trading, and installation service of roof sheets and solar roof, and Others. The majority of revenue is generated from the Production and distribution of electricity from solar energy.
63GF Score
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