Thantawan Industry PCLBKK:THIP-R 72 Interest Coverage is 1.45 as of Mar. 2026, which is 99% below its 10-year median of 154.96. GuruFocus rates BKK:THIP-R with a GF Score™ of 72/100 and a GF Value™ of ฿36.74. The stock has 6 warning signs investors should review. Among 317 Packaging & Containers companies, Thantawan Industry PCL ranks better than 53.31% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Thantawan Industry PCL's
Operating Income
for the
three
months ended in Mar. 2026 was ฿14 Mil. Thantawan Industry PCL's Interest Expense for the
three
months ended in Mar. 2026 was ฿-10 Mil.
Thantawan Industry PCL's interest coverage for the quarter that ended in Mar. 2026 was 1.45.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Thantawan Industry PCL's Interest Coverage or its related term are showing as below:
BKK:THIP-R'
s Interest Coverage Range Over the Past 10 Years
Min: 7.42 Med: 154.96 Max: 320.91
Current: 7.42
BKK:THIP-R's Interest Coverage is ranked better than 53.31% of 317
companies
in the Packaging & Containers industry
Industry Median: 6.08
vs BKK:THIP-R: 7.42
Thantawan Industry PCL (BKK:THIP-R) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Thantawan Industry PCL Interest Coverage Related Terms
Thantawan Industry PCL Interest Coverage Historical Data
* Premium members only.
The historical data trend for Thantawan Industry PCL's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
BKK:THIP-R vs SW, PKG, AMCR: Interest Coverage Comparison
For the Packaging & Containers subindustry, Thantawan Industry PCL's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.
Thantawan Industry PCL Interest Coverage vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thantawan Industry PCL's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Thantawan Industry PCL's Interest Coverage falls into.
Thantawan Industry PCL Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
Thantawan Industry PCL (BKK:THIP-R) has a Interest Coverage of 1.45 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thantawan Industry PCL and its competitors. This is 99% below median its historical median of 154.96. Over the past decade, Thantawan Industry PCL's Interest Coverage has ranged from 7.42 to 320.91. According to the industry distribution chart, Thantawan Industry PCL ranks #148 out of 317 companies in the Packaging & Containers industry, placing it in the top 46.7%.
Is Thantawan Industry PCL's Interest Coverage too high?
Thantawan Industry PCL's current Interest Coverage of 1.45 is 99% below median its 10-year median of 154.96. Over the past 10 years, this metric has ranged from a low of 7.42 to a high of 320.91. The Packaging & Containers industry median Interest Coverage is 6.08. Thantawan Industry PCL's value of 1.45 is 76.2% below this industry median. Based on the distribution chart, Thantawan Industry PCL ranks #148 out of 317 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Thantawan Industry PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Thantawan Industry PCL's Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thantawan Industry PCL ranks #148 out of 317 companies for Interest Coverage. This puts Thantawan Industry PCL in the upper half of its industry. The industry median Interest Coverage is 6.08. Thantawan Industry PCL's value of 1.45 is 76.2% below this benchmark. Historically, Thantawan Industry PCL's own Interest Coverage has ranged from 7.42 to 320.91 over the past decade. While the company's 10-year median is 154.96 vs. the industry median of 6.08, Thantawan Industry 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 Interest Coverage for a Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.08, based on 317 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thantawan Industry PCL's current Interest Coverage of 1.45 is 76.2% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thantawan Industry PCL and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thantawan Industry PCL's current Interest Coverage is 1.45, which is 99% below median its own 10-year median of 154.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thantawan Industry PCL stock overvalued right now?
Thantawan Industry PCL (BKK:THIP-R) has a current Interest Coverage of 1.45. The stock's GF Value™ is ฿36.74, compared to a current price of ฿23.00 — trading 37.4% below its estimated fair value. The current Interest Coverage is 1.45, which is 99% below median its 10-year median of 154.96 and 76.2% below the Packaging & Containers industry median of 6.08. Thantawan Industry PCL's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Thantawan Industry PCL (BKK:THIP-R), the current Interest Coverage is 1.45 as of Mar. 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 Thantawan Industry PCL (BKK:THIP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thantawan Industry PCL stock appears to be undervalued.
The current stock price of ฿23.00 is trading 37.4% below its estimated GF Value™ of ฿36.74.
Key valuation signals for BKK:THIP-R:
Interest Coverage: 1.45 (99% below median its 10-year median of 154.96)
GF Value™: ฿36.74 vs. price of ฿23.00 (37.4% below fair value)
Industry Position: 76.2% below the Packaging & Containers median (#148 of 317)
No single metric tells the full story. See the BKK:THIP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The Group manufactures and sells plastic products, which are divided into two main products: plastic bags and straw products. Other products are Zipper tape and resin scrap, etc. Key revenue is generated from Plastic bag. The geographical area of its operation is Thailand and Vietnam.
72GF Score
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