Thitikorn PCL (BKK:TK-R) Goodwill-to-Asset: 0.00 (As of Jun. 2026)

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:TK-R Thitikorn PCL BKK:TK-R
59 GF Score
Price ฿4.42
GF Value ฿2.63
! 7 Warning Signs
View Full Analysis

What is Thitikorn PCL Goodwill-to-Asset?

Thitikorn PCL BKK:TK-R +7.80% 59 Goodwill-to-Asset is 0.00 as of Jun. 2026. GuruFocus rates BKK:TK-R with a GF Score™ of 59/100 and a GF Value™ of ฿2.63. The stock has 7 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Thitikorn PCL's Goodwill for the quarter that ended in Jun. 2026 was ฿0.0 Mil. Thitikorn PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿5,709.4 Mil. Therefore, Thitikorn PCL's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.


Thitikorn PCL  (BKK:TK-R) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Thitikorn PCL Goodwill-to-Asset Related Terms


Thitikorn PCL Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Thitikorn PCL's Goodwill-to-Asset 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.

Thitikorn PCL Goodwill-to-Asset Chart

Thitikorn PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Thitikorn PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Goodwill-to-Asset 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 0.00 0.00 0.00 0.00 0.00

BKK:TK-R vs V, MA, AXP: Goodwill-to-Asset Comparison

For the Credit Services subindustry, Thitikorn PCL's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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.


Thitikorn PCL Goodwill-to-Asset vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Thitikorn PCL's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Thitikorn PCL's Goodwill-to-Asset falls into.


BKK:TK-R
59GF Score
Thitikorn PCL BKK:TK-R
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thitikorn PCL Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Thitikorn PCL's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=0/5643.51
=0.00

Thitikorn PCL's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=0/5709.384
=0.00

* 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 Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Thitikorn PCL (BKK:TK-R) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Thitikorn PCL and its competitors.
Is Thitikorn PCL's Goodwill-to-Asset too high?
Thitikorn PCL's current Goodwill-to-Asset is 0.00. Overall, Thitikorn PCL has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Thitikorn PCL's Goodwill-to-Asset compare to V and MA?
Thitikorn PCL's Goodwill-to-Asset of 0.00 can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Credit Services company?
A good Goodwill-to-Asset depends on the Credit Services industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Thitikorn PCL and its competitors. Thitikorn PCL's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thitikorn PCL stock overvalued right now?
Thitikorn PCL (BKK:TK-R) has a current Goodwill-to-Asset of 0.00. The stock's GF Value™ is ฿2.63, compared to a current price of ฿4.42 — trading 68.1% above its estimated fair value. The current Goodwill-to-Asset is 0.00. Thitikorn PCL's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Thitikorn PCL (BKK:TK-R), the current Goodwill-to-Asset is 0.00 as of Jun. 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 Thitikorn PCL (BKK:TK-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thitikorn PCL stock appears to be overvalued. The current stock price of ฿4.42 is trading 68.1% above its estimated GF Value™ of ฿2.63.

Key valuation signals for BKK:TK-R:

  • Goodwill-to-Asset: 0.00
  • GF Value™: ฿2.63 vs. price of ฿4.42 (68.1% above fair value)
  • GF Score™: 59/100 with 7 warning signs

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


Thitikorn PCL Business Description

Other Exchanges TK:Thailand
Address 69 Ramkhamhaeng Road, Huamark, Bangkapi, Bangkok, THA, 10240
Thitikorn PCL and its subsidiaries are engaged in the vehicle hire-purchase business and related other services, and letting of motorcycle under operating lease. The company has a single-core operating segment which by product which are majority of hire-purchase on automobile and motorcycle and letting of motorcycle for general retail customers whereby the business activities with respect of loans and nano finance, including non-life insurance broker business and personal loan to the general retail customers are insignificant portion as compared to the entire volumes and business activities.. The company generates the majority of its revenue from the Domestic market.
59GF Score

Get the complete analysis for BKK:TK-R

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

฿4.42
Price
฿2.63
GF Value