Thai Parcels PCL (BKK:TPL) Intangible Assets: ฿1,039 Mil (As of Jun. 2026)

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BKK:TPL Thai Parcels PCL BKK:TPL
31 GF Score
Price ฿0.48
GF Value ฿0.56
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Thai Parcels PCL Intangible Assets?

Thai Parcels PCL BKK:TPL 31 Intangible Assets is ฿1,039 Mil as of Jun. 2026. GuruFocus rates BKK:TPL with a GF Score™ of 31/100 and a GF Value™ of ฿0.56 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Thai Parcels PCL's intangible assets for the quarter that ended in Jun. 2026 was ฿1,039 Mil.


Thai Parcels PCL  (BKK:TPL) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Thai Parcels PCL Intangible Assets Related Terms


Thai Parcels PCL Intangible Assets Historical Data

* Premium members only.

The historical data trend for Thai Parcels PCL's Intangible Assets 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 Parcels PCL Intangible Assets Chart

Thai Parcels PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
4.87 5.35 4.25 3.67 1,138.75

Thai Parcels PCL Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intangible Assets 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 3.50 760.94 1,138.75 1,138.59 1,038.56
BKK:TPL
31GF Score
Thai Parcels PCL BKK:TPL
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Parcels PCL Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of ฿1,039 Mil mean?
Thai Parcels PCL (BKK:TPL) has a Intangible Assets of ฿1,039 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Thai Parcels PCL and its competitors.
Is Thai Parcels PCL's Intangible Assets too high?
Thai Parcels PCL's current Intangible Assets is ฿1,039 Mil. Overall, Thai Parcels PCL has a GF Score™ of 31/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Parcels PCL's Intangible Assets compare to UPS and FDX?
Thai Parcels PCL's Intangible Assets of ฿1,039 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Transportation company?
A good Intangible Assets depends on the Transportation industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Thai Parcels PCL and its competitors. Thai Parcels PCL's current Intangible Assets is ฿1,039 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Parcels PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Parcels PCL (BKK:TPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.56, compared to a current price of ฿0.48 — trading 14.3% below its estimated fair value. The current Intangible Assets is ฿1,039 Mil. Thai Parcels PCL's overall GF Score™ is 31/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Thai Parcels PCL (BKK:TPL), the current Intangible Assets is ฿1,039 Mil 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 Thai Parcels PCL (BKK:TPL) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Parcels PCL stock appears to be undervalued. The current stock price of ฿0.48 is trading 14.3% below its estimated GF Value™ of ฿0.56. GuruFocus considers Thai Parcels PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPL:

  • Intangible Assets: ฿1,039 Mil
  • GF Value™: ฿0.56 vs. price of ฿0.48 (14.3% below fair value)
  • GF Score™: 31/100 with 4 warning signs

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


Thai Parcels PCL Business Description

Address 1018, Luang Phaeng Road, Thap Yao Sub-district, Lat Krabang District, Bangkok, THA, 10520
Thai Parcels PCL is engaged in the provision of freight transportation, cargo handling, and warehousing services. The Group also provides various forms of passenger transportation services catering to both industrial and tourism sectors. Its segments include the core business of transportation and handling services for goods, as well as warehousing, which generates the maximum revenue. In addition, the Company provides various types of non-scheduled passenger transportation services specifically focused on the tourism sector, as well as non-scheduled passenger transportation services that cater exclusively to the industrial sector. The Company operates in Thailand only.
31GF Score

Get the complete analysis for BKK:TPL

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

฿0.48
Price
฿0.56
GF Value