Thai Steel Cable PCL (BKK:TSC) Intangible Assets: ฿4 Mil (As of Jun. 2026)

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BKK:TSC Thai Steel Cable PCL BKK:TSC
84 GF Score
Price ฿15.30
GF Value ฿12.74
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Thai Steel Cable PCL Intangible Assets?

Thai Steel Cable PCL BKK:TSC 84 Intangible Assets is ฿4 Mil as of Jun. 2026. GuruFocus rates BKK:TSC with a GF Score™ of 84/100 and a GF Value™ of ฿12.74 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Thai Steel Cable PCL's intangible assets for the quarter that ended in Jun. 2026 was ฿4 Mil.


Thai Steel Cable PCL  (BKK:TSC) 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 Steel Cable PCL Intangible Assets Related Terms


Thai Steel Cable PCL Intangible Assets Historical Data

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The historical data trend for Thai Steel Cable 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 Steel Cable PCL Intangible Assets Chart

Thai Steel Cable PCL Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.79 13.69 6.86 4.80 4.72

Thai Steel Cable PCL Quarterly Data
Sep21 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 Premium Member Only 4.68 4.72 4.66 4.36 3.91
BKK:TSC
84GF Score
Thai Steel Cable PCL BKK:TSC
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Steel Cable 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 ฿4 Mil mean?
Thai Steel Cable PCL (BKK:TSC) has a Intangible Assets of ฿4 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Thai Steel Cable PCL and its competitors.
Is Thai Steel Cable PCL's Intangible Assets too high?
Thai Steel Cable PCL's current Intangible Assets is ฿4 Mil. Overall, Thai Steel Cable PCL has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Steel Cable PCL's Intangible Assets compare to ORLY and AZO?
Thai Steel Cable PCL's Intangible Assets of ฿4 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Intangible Assets depends on the Vehicles & Parts 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 Steel Cable PCL and its competitors. Thai Steel Cable PCL's current Intangible Assets is ฿4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Steel Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Steel Cable PCL (BKK:TSC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿12.74, compared to a current price of ฿15.30 — trading 20.1% above its estimated fair value. The current Intangible Assets is ฿4 Mil. Thai Steel Cable PCL's overall GF Score™ is 84/100 with 6 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 Steel Cable PCL (BKK:TSC), the current Intangible Assets is ฿4 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 Steel Cable PCL (BKK:TSC) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Steel Cable PCL stock appears to be overvalued. The current stock price of ฿15.30 is trading 20.1% above its estimated GF Value™ of ฿12.74. GuruFocus considers Thai Steel Cable PCL to be Modestly Overvalued.

Key valuation signals for BKK:TSC:

  • Intangible Assets: ฿4 Mil
  • GF Value™: ฿12.74 vs. price of ฿15.30 (20.1% above fair value)
  • GF Score™: 84/100 with 6 warning signs

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


Thai Steel Cable PCL Business Description

Address 700/737, Moo 1, Tambol Panthong, Amphur Panthong, Chonburi, THA, 20160
Thai Steel Cable PCL is a Thailand-based company engaged in the manufacture and sales of control cables, parts, and equipment for vehicles and motorcycles. Its products are divided into three categories: Automobile control cables which include products like accelerator cables, door lock cables, fuel lid opener cables, hood release cables, parking brake cables, seat belt cables, transmission cables, and trunk opener cables; Motorcycle control cables which include brake cables, clutch cables, seat lock cables, speedometer cables, tachometer cables, and throttle cables, and Automobile window regulators. The company operates only in Thailand.
84GF Score

Get the complete analysis for BKK:TSC

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

฿15.30
Price
฿12.74
GF Value