Thai Plastic Industrial (1994) PCLBKK:TPLAS -0.90%77 Interest Coverage is 284.64 as of Mar. 2026, which is 366% above its 10-year median of 61.09. GuruFocus rates BKK:TPLAS with a GF Score™ of 77/100 and a GF Value™ of ฿1.12 (Fairly Valued). The stock has 8 warning signs investors should review. Among 314 Packaging & Containers companies, Thai Plastic Industrial (1994) PCL ranks better than 90.13% 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. Thai Plastic Industrial (1994) PCL's
Operating Income
for the
three
months ended in Mar. 2026 was ฿12.8 Mil. Thai Plastic Industrial (1994) PCL's Interest Expense for the
three
months ended in Mar. 2026 was ฿-0.0 Mil.
Thai Plastic Industrial (1994) PCL's interest coverage for the quarter that ended in Mar. 2026 was 284.64.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Thai Plastic Industrial (1994) PCL has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Thai Plastic Industrial (1994) PCL's Interest Coverage or its related term are showing as below:
BKK:TPLAS'
s Interest Coverage Range Over the Past 10 Years
Min: 6.77 Med: 61.09 Max: 874.24
Current: 113.45
BKK:TPLAS's Interest Coverage is ranked better than 90.13% of 314
companies
in the Packaging & Containers industry
Industry Median: 6.125
vs BKK:TPLAS: 113.45
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 .
Thai Plastic Industrial (1994) PCL Interest Coverage Related Terms
Thai Plastic Industrial (1994) PCL Interest Coverage Historical Data
* 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:TPLAS vs SW, PKG, AMCR: Interest Coverage Comparison
For the Packaging & Containers subindustry, Thai Plastic Industrial (1994) 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.
Thai Plastic Industrial (1994) PCL Interest Coverage vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thai Plastic Industrial (1994) PCL's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Thai Plastic Industrial (1994) PCL's Interest Coverage falls into.
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.
Thai Plastic Industrial (1994) PCL (BKK:TPLAS) has a Interest Coverage of 284.64 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thai Plastic Industrial (1994) PCL and its competitors. This is 366% above median its historical median of 61.09. Over the past decade, Thai Plastic Industrial (1994) PCL's Interest Coverage has ranged from 6.77 to 874.24. According to the industry distribution chart, Thai Plastic Industrial (1994) PCL ranks #31 out of 314 companies in the Packaging & Containers industry, placing it in the top 9.9%.
Is Thai Plastic Industrial (1994) PCL's Interest Coverage too high?
Thai Plastic Industrial (1994) PCL's current Interest Coverage of 284.64 is 366% above median its 10-year median of 61.09. Over the past 10 years, this metric has ranged from a low of 6.77 to a high of 874.24. The Packaging & Containers industry median Interest Coverage is 6.13. Thai Plastic Industrial (1994) PCL's value of 284.64 is 4547.2% above this industry median. Based on the distribution chart, Thai Plastic Industrial (1994) PCL ranks #31 out of 314 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Plastic Industrial (1994) PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Plastic Industrial (1994) PCL's Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Plastic Industrial (1994) PCL ranks #31 out of 314 companies for Interest Coverage. This places Thai Plastic Industrial (1994) PCL in the top 10% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.13. Thai Plastic Industrial (1994) PCL's value of 284.64 is 4547.2% above this benchmark. Historically, Thai Plastic Industrial (1994) PCL's own Interest Coverage has ranged from 6.77 to 874.24 over the past decade. While the company's 10-year median is 61.09 vs. the industry median of 6.13, Thai Plastic Industrial (1994) 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 Interest Coverage for a Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.13, based on 314 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. Thai Plastic Industrial (1994) PCL's current Interest Coverage of 284.64 is 4547.2% 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 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 Thai Plastic Industrial (1994) PCL and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Plastic Industrial (1994) PCL's current Interest Coverage is 284.64, which is 366% above median its own 10-year median of 61.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Plastic Industrial (1994) PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Plastic Industrial (1994) PCL (BKK:TPLAS) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.12, compared to a current price of ฿1.10 — trading 1.8% below its estimated fair value. The current Interest Coverage is 284.64, which is 366% above median its 10-year median of 61.09 and 4547.2% above the Packaging & Containers industry median of 6.13. Thai Plastic Industrial (1994) PCL's overall GF Score™ is 77/100 with 8 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 Thai Plastic Industrial (1994) PCL (BKK:TPLAS), the current Interest Coverage is 284.64 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 Thai Plastic Industrial (1994) PCL (BKK:TPLAS) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Plastic Industrial (1994) PCL stock appears to be undervalued.
The current stock price of ฿1.10 is trading 1.8% below its estimated GF Value™ of ฿1.12.
GuruFocus considers Thai Plastic Industrial (1994) PCL to be Fairly Valued.
Key valuation signals for BKK:TPLAS:
Interest Coverage: 284.64 (366% above median its 10-year median of 61.09)
GF Value™: ฿1.12 vs. price of ฿1.10 (1.8% below fair value)
Industry Position: 4547.2% above the Packaging & Containers median (#31 of 314)
No single metric tells the full story. See the BKK:TPLAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Plastic Industrial (1994) PCL Business Description
Thai Plastic Industrial (1994) PCL is engaged in the manufacturing of food plastic bags, food plastic wrappers and food paper containers. Its products include High Density Polyethylene, POLY - PROPYLENE, Thin T-Shirt Bag, LL T-Shirt Bag, PP T-Shirt Bag, LL Beverage Bag, Flexible Straws, LDPE Clear Cold Storage bags, Food Containers beat box, Bowl Food Containers beat box, Thick T-Shirt Bag, PP Bag Side folding type, and POLY - VINYI CHLORIDE. It operates in single segment of manufacturing food plastic bags, food plastic wrappers and food paper containers and sell the products in Thailand.
77GF Score
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