Thai Vegetable Oil PCL (BKK:TVO) EV-to-FCF: 34.33 (As of Aug. 02, 2026) — 193% Above 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:TVO Thai Vegetable Oil PCL BKK:TVO
82 GF Score
Price ฿27.25
GF Value ฿20.99
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Thai Vegetable Oil PCL EV-to-FCF?

Thai Vegetable Oil PCL BKK:TVO 82 EV-to-FCF is 34.33 as of Aug. 02, 2026, which is 193% above its 10-year median of 11.71. GuruFocus rates BKK:TVO with a GF Score™ of 82/100 and a GF Value™ of ฿20.99 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,192 Consumer Packaged Goods companies, Thai Vegetable Oil PCL ranks worse than 76.76% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Thai Vegetable Oil PCL's Enterprise Value is ฿22,013 Mil. Thai Vegetable Oil PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿641 Mil. Therefore, Thai Vegetable Oil PCL's EV-to-FCF for today is 34.33.

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

BKK:TVO' s EV-to-FCF Range Over the Past 10 Years
Min: -180.75   Med: 11.71   Max: 2258.81
Current: 34.33

During the past 13 years, the highest EV-to-FCF of Thai Vegetable Oil PCL was 2258.81. The lowest was -180.75. And the median was 11.71.

BKK:TVO's EV-to-FCF is ranked worse than
76.76% of 1192 companies
in the Consumer Packaged Goods industry
Industry Median: 16.01 vs BKK:TVO: 34.33

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 (2026-08-02), Thai Vegetable Oil PCL's stock price is ฿27.25. Thai Vegetable Oil PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿2.666. Therefore, Thai Vegetable Oil PCL's PE Ratio (TTM) for today is 10.22.


Thai Vegetable Oil PCL  (BKK:TVO) 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.

Thai Vegetable Oil PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=27.25/2.666
=10.22

Thai Vegetable Oil PCL's share price for today is ฿27.25.
Thai Vegetable Oil 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 ฿2.666.

* 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.


Thai Vegetable Oil PCL EV-to-FCF Related Terms


Thai Vegetable Oil PCL EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Thai Vegetable Oil 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.

Thai Vegetable Oil PCL EV-to-FCF Chart

Thai Vegetable Oil 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 53.70 12.33 64.69 4.88 14.22

Thai Vegetable Oil 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 3.84 2.96 7.43 14.22 31.21

BKK:TVO vs KHC, GIS: EV-to-FCF Comparison

For the Packaged Foods subindustry, Thai Vegetable Oil 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.


Thai Vegetable Oil PCL EV-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Vegetable Oil PCL's EV-to-FCF distribution charts can be found below:

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


BKK:TVO
82GF Score
Thai Vegetable Oil PCL BKK:TVO
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Vegetable Oil PCL EV-to-FCF Calculation

Thai Vegetable Oil PCL's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=22013.195/641.209
=34.33

Thai Vegetable Oil PCL's current Enterprise Value is ฿22,013 Mil.
Thai Vegetable Oil 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 ฿641 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 34.33 mean?
Thai Vegetable Oil PCL (BKK:TVO) has a EV-to-FCF of 34.33 as of Aug. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Thai Vegetable Oil PCL and its competitors. This is 193% above median its historical median of 11.71. According to the industry distribution chart, Thai Vegetable Oil PCL ranks #915 out of 1192 companies in the Consumer Packaged Goods industry, placing it in the top 76.8%.
Is Thai Vegetable Oil PCL's EV-to-FCF too high?
Thai Vegetable Oil PCL's current EV-to-FCF of 34.33 is 193% above median its 10-year median of 11.71. The Consumer Packaged Goods industry median EV-to-FCF is 16.01. Thai Vegetable Oil PCL's value of 34.33 is 114.4% above this industry median. Based on the distribution chart, Thai Vegetable Oil PCL ranks #915 out of 1192 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Thai Vegetable Oil PCL has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Vegetable Oil PCL's EV-to-FCF compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai Vegetable Oil PCL ranks #915 out of 1192 companies for EV-to-FCF. This places Thai Vegetable Oil PCL in the lower half of its industry. The industry median EV-to-FCF is 16.01. Thai Vegetable Oil PCL's value of 34.33 is 114.4% above this benchmark. While the company's 10-year median is 11.71 vs. the industry median of 16.01, Thai Vegetable Oil 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 EV-to-FCF for a Consumer Packaged Goods company?
The median EV-to-FCF among Consumer Packaged Goods companies is 16.01, based on 1,192 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. Thai Vegetable Oil PCL's current EV-to-FCF of 34.33 is 114.4% 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 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 Thai Vegetable Oil PCL and its competitors. For the Consumer Packaged Goods industry, the median EV-to-FCF is 16.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Vegetable Oil PCL's current EV-to-FCF is 34.33, which is 193% above median its own 10-year median of 11.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Vegetable Oil PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Vegetable Oil PCL (BKK:TVO) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿20.99, compared to a current price of ฿27.25 — trading 29.8% above its estimated fair value. The current EV-to-FCF is 34.33, which is 193% above median its 10-year median of 11.71 and 114.4% above the Consumer Packaged Goods industry median of 16.01. Thai Vegetable Oil PCL's overall GF Score™ is 82/100 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 Thai Vegetable Oil PCL (BKK:TVO), the current EV-to-FCF is 34.33 as of Aug. 02, 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 Vegetable Oil PCL (BKK:TVO) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Vegetable Oil PCL stock appears to be overvalued. The current stock price of ฿27.25 is trading 29.8% above its estimated GF Value™ of ฿20.99. GuruFocus considers Thai Vegetable Oil PCL to be Modestly Overvalued.

Key valuation signals for BKK:TVO:

  • EV-to-FCF: 34.33 (193% above median its 10-year median of 11.71)
  • GF Value™: ฿20.99 vs. price of ฿27.25 (29.8% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 114.4% above the Consumer Packaged Goods median (#915 of 1192)

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


Thai Vegetable Oil PCL Business Description

Other Exchanges TVTB:Germany
Address 149 Ratchadapisek Road (Thapra-Taksin), Bukkhalo Sub-District, Thonburi District, Bangkok, THA, 10600
Thai Vegetable Oil PCL is engaged in the manufacture and distribution of soy meal and soybean oil. The company has three reportable segments, namely, the manufacture and distribution of products from the soybean segment, which derives key revenue and is engaged in the manufacturing and distribution of soy meal and soybean oil; the manufacture and distribution of packaging products; and the Other segment, which is the distribution of consumer products. The company operates in Thailand only.
82GF Score

Get the complete analysis for BKK:TVO

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

฿27.25
Price
฿20.99
GF Value