The Steel PCL (BKK:THE-R) EV-to-FCF: 5.86 (As of Jun. 26, 2026) — 30% Above Median


BKK:THE-R The Steel PCL BKK:THE-R
28 GF Score
Price ฿0.83
GF Value ฿0.88
! 6 Warning Signs
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What is The Steel PCL EV-to-FCF?

The Steel PCL BKK:THE-R 28 EV-to-FCF is 5.86 as of Jun. 26, 2026, which is 30% above its 10-year median of 4.50. GuruFocus rates BKK:THE-R with a GF Score™ of 28/100 and a GF Value™ of ฿0.88. The stock has 6 warning signs investors should review. Among 358 Steel companies, The Steel PCL ranks better than 82.96% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, The Steel PCL's Enterprise Value is ฿1,867 Mil. The Steel PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿318 Mil. Therefore, The Steel PCL's EV-to-FCF for today is 5.86.

The historical rank and industry rank for The Steel PCL's EV-to-FCF or its related term are showing as below:

BKK:THE-R' s EV-to-FCF Range Over the Past 10 Years
Min: -3503.66   Med: 4.5   Max: 545.26
Current: 5.76

During the past 13 years, the highest EV-to-FCF of The Steel PCL was 545.26. The lowest was -3503.66. And the median was 4.50.

BKK:THE-R's EV-to-FCF is ranked better than
82.96% of 358 companies
in the Steel industry
Industry Median: 16.7 vs BKK:THE-R: 5.76

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 (2026-06-26), The Steel PCL's stock price is ฿0.83286. The Steel PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿0.007. Therefore, The Steel PCL's PE Ratio (TTM) for today is 118.98.


The Steel PCL  (BKK:THE-R) 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.

The Steel PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.83286/0.007
=118.98

The Steel PCL's share price for today is ฿0.83286.
The Steel 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 ฿0.007.

* 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.


The Steel PCL EV-to-FCF Related Terms


The Steel PCL EV-to-FCF Historical Data

* Premium members only.

The historical data trend for The Steel 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.

The Steel PCL EV-to-FCF Chart

The Steel 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 -48.55 13.83 6.87 7.14 4.53

The Steel 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 3.87 5.85 2.36 4.53 5.83

BKK:THE-R vs NUE, STLD, RS: EV-to-FCF Comparison

For the Steel subindustry, The Steel 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.


The Steel PCL EV-to-FCF vs Steel Industry

For the Steel industry and Basic Materials sector, The Steel PCL's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where The Steel PCL's EV-to-FCF falls into.


BKK:THE-R
28GF Score
The Steel PCL BKK:THE-R
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Steel PCL EV-to-FCF Calculation

The Steel PCL's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1866.900/318.345
=5.86

The Steel PCL's current Enterprise Value is ฿1,867 Mil.
The Steel 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 ฿318 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 5.86 mean?
The Steel PCL (BKK:THE-R) has a EV-to-FCF of 5.86 as of Jun. 26, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on The Steel PCL and its competitors. This is 30% above median its historical median of 4.50. According to the industry distribution chart, The Steel PCL ranks #61 out of 358 companies in the Steel industry, placing it in the top 17%.
Is The Steel PCL's EV-to-FCF too high?
The Steel PCL's current EV-to-FCF of 5.86 is 30% above median its 10-year median of 4.50. The Steel industry median EV-to-FCF is 16.70. The Steel PCL's value of 5.86 is 64.9% below this industry median. Based on the distribution chart, The Steel PCL ranks #61 out of 358 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, The Steel PCL has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does The Steel PCL's EV-to-FCF compare to NUE and STLD?
According to the Steel industry distribution chart, The Steel PCL ranks #61 out of 358 companies for EV-to-FCF. This places The Steel PCL in the top 17% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 16.70. The Steel PCL's value of 5.86 is 64.9% below this benchmark. While the company's 10-year median is 4.50 vs. the industry median of 16.70, The Steel 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 Steel company?
The median EV-to-FCF among Steel companies is 16.70, based on 358 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. The Steel PCL's current EV-to-FCF of 5.86 is 64.9% 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 The Steel PCL and its competitors. For the Steel industry, the median EV-to-FCF is 16.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Steel PCL's current EV-to-FCF is 5.86, which is 30% above median its own 10-year median of 4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Steel PCL stock overvalued right now?
The Steel PCL (BKK:THE-R) has a current EV-to-FCF of 5.86. The stock's GF Value™ is ฿0.88, compared to a current price of ฿0.83 — trading 5.4% below its estimated fair value. The current EV-to-FCF is 5.86, which is 30% above median its 10-year median of 4.50 and 64.9% below the Steel industry median of 16.70. The Steel PCL's overall GF Score™ is 28/100 with 6 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 The Steel PCL (BKK:THE-R), the current EV-to-FCF is 5.86 as of Jun. 26, 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 The Steel PCL (BKK:THE-R) Overvalued in 2026?

Based on GuruFocus' analysis, The Steel PCL stock appears to be undervalued. The current stock price of ฿0.83 is trading 5.4% below its estimated GF Value™ of ฿0.88.

Key valuation signals for BKK:THE-R:

  • EV-to-FCF: 5.86 (30% above median its 10-year median of 4.50)
  • GF Value™: ฿0.88 vs. price of ฿0.83 (5.4% below fair value)
  • GF Score™: 28/100 with 6 warning signs
  • Industry Position: 64.9% below the Steel median (#61 of 358)

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


The Steel PCL Business Description

Other Exchanges THE:Thailand
Address 7/4, 7/6 Moo 1 Khae rai, Kratumban, Samutsakorn, THA, 74110
The Steel PCL is principally engaged in the selling and transforming hot rolled steel sheets and coils and other structural steels and logistic services of steel. Its product portfolio includes hot-rolled coils, and processed forms such as slit coils, steel sheets, hot-formed structural steel, and cold-formed structural steel, as well as other steel products. In addition, the company also processes certain steel products, including steel sheets, slit coils, flat steel, folded angle steel, folded channel steel, steel pipes, and C-shaped structural steel. The company operates in two reportable segments: Revenue from sales of steels, which accounts for a majority of its revenue, and Revenue from logistic services. Geographically, it is managed and operates principally in Thailand.
28GF Score

Get the complete analysis for BKK:THE-R

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

฿0.83
Price
฿0.88
GF Value