T.C.J. Asia PCL (BKK:TCJ) EV-to-FCF: 3.44 (As of Jul. 23, 2026) — 49% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:TCJ T.C.J. Asia PCL BKK:TCJ
60 GF Score
Price ฿2.46
GF Value ฿2.89
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is T.C.J. Asia PCL EV-to-FCF?

T.C.J. Asia PCL BKK:TCJ +0.82% 60 EV-to-FCF is 3.44 as of Jul. 23, 2026, which is 49% below its 10-year median of 6.78. GuruFocus rates BKK:TCJ with a GF Score™ of 60/100 and a GF Value™ of ฿2.89 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 131 Farm & Heavy Construction Machinery companies, T.C.J. Asia PCL ranks better than 93.13% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, T.C.J. Asia PCL's Enterprise Value is ฿728 Mil. T.C.J. Asia PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿212 Mil. Therefore, T.C.J. Asia PCL's EV-to-FCF for today is 3.44.

The historical rank and industry rank for T.C.J. Asia PCL's EV-to-FCF or its related term are showing as below:

BKK:TCJ' s EV-to-FCF Range Over the Past 10 Years
Min: -59.86   Med: 6.78   Max: 271.55
Current: 3.43

During the past 13 years, the highest EV-to-FCF of T.C.J. Asia PCL was 271.55. The lowest was -59.86. And the median was 6.78.

BKK:TCJ's EV-to-FCF is ranked better than
93.13% of 131 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 18.6 vs BKK:TCJ: 3.43

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.

As of today (2026-07-23), T.C.J. Asia PCL's stock price is ฿2.46. T.C.J. Asia PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿0.120. Therefore, T.C.J. Asia PCL's PE Ratio (TTM) for today is 20.50.


T.C.J. Asia PCL  (BKK:TCJ) EV-to-FCF Explanation

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.

T.C.J. Asia PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.46/0.120
=20.50

T.C.J. Asia PCL's share price for today is ฿2.46.
T.C.J. Asia 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 ฿0.120.

* 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.


T.C.J. Asia PCL EV-to-FCF Related Terms


T.C.J. Asia PCL EV-to-FCF Historical Data

* Premium members only.

The historical data trend for T.C.J. Asia 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.

T.C.J. Asia PCL EV-to-FCF Chart

T.C.J. Asia PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.15 6.06 7.74 13.17 3.59

T.C.J. Asia PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 56.80 6.70 12.03 3.59 3.36

BKK:TCJ vs CAT, DE, PCAR: EV-to-FCF Comparison

For the Farm & Heavy Construction Machinery subindustry, T.C.J. Asia 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.


T.C.J. Asia PCL EV-to-FCF vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, T.C.J. Asia PCL's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where T.C.J. Asia PCL's EV-to-FCF falls into.


BKK:TCJ
60GF Score
T.C.J. Asia PCL BKK:TCJ
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T.C.J. Asia PCL EV-to-FCF Calculation

T.C.J. Asia PCL's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=728.235/211.798
=3.44

T.C.J. Asia PCL's current Enterprise Value is ฿728 Mil.
T.C.J. Asia 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 ฿212 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 3.44 mean?
T.C.J. Asia PCL (BKK:TCJ) has a EV-to-FCF of 3.44 as of Jul. 23, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on T.C.J. Asia PCL and its competitors. This is 49% below median its historical median of 6.78. According to the industry distribution chart, T.C.J. Asia PCL ranks #9 out of 131 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 6.9%.
Is T.C.J. Asia PCL's EV-to-FCF too high?
T.C.J. Asia PCL's current EV-to-FCF of 3.44 is 49% below median its 10-year median of 6.78. The Farm & Heavy Construction Machinery industry median EV-to-FCF is 18.60. T.C.J. Asia PCL's value of 3.44 is 81.5% below this industry median. Based on the distribution chart, T.C.J. Asia PCL ranks #9 out of 131 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, T.C.J. Asia PCL has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T.C.J. Asia PCL's EV-to-FCF compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, T.C.J. Asia PCL ranks #9 out of 131 companies for EV-to-FCF. This places T.C.J. Asia PCL in the top 7% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 18.60. T.C.J. Asia PCL's value of 3.44 is 81.5% below this benchmark. While the company's 10-year median is 6.78 vs. the industry median of 18.60, T.C.J. Asia 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 a Farm & Heavy Construction Machinery company?
The median EV-to-FCF among Farm & Heavy Construction Machinery companies is 18.60, based on 131 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. T.C.J. Asia PCL's current EV-to-FCF of 3.44 is 81.5% 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 T.C.J. Asia PCL and its competitors. For the Farm & Heavy Construction Machinery industry, the median EV-to-FCF is 18.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T.C.J. Asia PCL's current EV-to-FCF is 3.44, which is 49% below median its own 10-year median of 6.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T.C.J. Asia PCL stock overvalued right now?
Based on GuruFocus' analysis, T.C.J. Asia PCL (BKK:TCJ) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.89, compared to a current price of ฿2.46 — trading 14.9% below its estimated fair value. The current EV-to-FCF is 3.44, which is 49% below median its 10-year median of 6.78 and 81.5% below the Farm & Heavy Construction Machinery industry median of 18.60. T.C.J. Asia PCL's overall GF Score™ is 60/100 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 T.C.J. Asia PCL (BKK:TCJ), the current EV-to-FCF is 3.44 as of Jul. 23, 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 T.C.J. Asia PCL (BKK:TCJ) Overvalued in 2026?

Based on GuruFocus' analysis, T.C.J. Asia PCL stock appears to be undervalued. The current stock price of ฿2.46 is trading 14.9% below its estimated GF Value™ of ฿2.89. GuruFocus considers T.C.J. Asia PCL to be Modestly Undervalued.

Key valuation signals for BKK:TCJ:

  • EV-to-FCF: 3.44 (49% below median its 10-year median of 6.78)
  • GF Value™: ฿2.89 vs. price of ฿2.46 (14.9% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 81.5% below the Farm & Heavy Construction Machinery median (#9 of 131)

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


T.C.J. Asia PCL Business Description

Address 3/4 Moo 9, Bangna-Trad Road (KM.18), Bang Chalong Subdistrict, Bang Plee District, Samutprakarn, THA, 10540
T.C.J. Asia PCL is engaged in the import business and distribution of machinery and lifting equipment for construction work, and loading and unloading services like tractors, wheel loaders, excavator and cranes and stainless-steel plate and construction contractor. The business segments of the company are Sales of cranes, road rollers and tractors and equipment, road rollers and tractors, and equipment, Rental and repair services of crane and trucks, Manufacturing and distribution of stainless steel pipes, Trading of stainless steel, Installation work, and Others. The group generates the majority of the revenue from the Manufacturing and distribution of stainless steel pipes segment and mainly operates in Thailand.
60GF Score

Get the complete analysis for BKK:TCJ

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

฿2.46
Price
฿2.89
GF Value