T.C.J. Asia PCL (BKK:TCJ-R) Intrinsic Value: Projected FCF: ฿20.07 (As of Sep. 06, 2026)

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Director of Data and Quant Analytics at GuruFocus
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BKK:TCJ-R T.C.J. Asia PCL BKK:TCJ-R
64 GF Score
Price ฿2.66
GF Value ฿2.85
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is T.C.J. Asia PCL Intrinsic Value: Projected FCF?

T.C.J. Asia PCL BKK:TCJ-R 64 Intrinsic Value: Projected FCF is ฿20.07 as of Sep. 06, 2026. GuruFocus rates BKK:TCJ-R with a GF Score™ of 64/100 and a GF Value™ of ฿2.85 (Fairly Valued). The stock has 5 warning signs investors should review. Among 161 Farm & Heavy Construction Machinery companies, T.C.J. Asia PCL ranks better than 98.76% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-06), T.C.J. Asia PCL's Intrinsic Value: Projected FCF is ฿20.07. The stock price of T.C.J. Asia PCL is ฿2.66. Therefore, T.C.J. Asia PCL's Price-to-Intrinsic-Value-Projected-FCF of today is 0.1.

The historical rank and industry rank for T.C.J. Asia PCL's Intrinsic Value: Projected FCF or its related term are showing as below:

BKK:TCJ-R' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.09   Med: 0.19   Max: 1.58
Current: 0.13

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of T.C.J. Asia PCL was 1.58. The lowest was 0.09. And the median was 0.19.

BKK:TCJ-R's Price-to-Projected-FCF is ranked better than
98.76% of 161 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.16 vs BKK:TCJ-R: 0.13

T.C.J. Asia PCL  (BKK:TCJ-R) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

T.C.J. Asia PCL's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=2.66/20.975969586522
=0.13

* 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.


T.C.J. Asia PCL Intrinsic Value: Projected FCF Related Terms


T.C.J. Asia PCL Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for T.C.J. Asia PCL's Intrinsic Value: Projected FCF 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.

T.C.J. Asia PCL Intrinsic Value: Projected FCF Chart

T.C.J. Asia PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.29 23.07 27.79 24.11 25.02

T.C.J. Asia PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF 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 22.80 22.10 25.02 21.98 20.31

BKK:TCJ-R vs CAT, DE, PCAR: Intrinsic Value: Projected FCF Comparison

For the Farm & Heavy Construction Machinery subindustry, T.C.J. Asia PCL's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.


T.C.J. Asia PCL Price-to-Projected-FCF vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, T.C.J. Asia PCL's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where T.C.J. Asia PCL's Price-to-Projected-FCF falls into.


BKK:TCJ-R
64GF Score
T.C.J. Asia PCL BKK:TCJ-R
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T.C.J. Asia PCL Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get T.C.J. Asia PCL's Free Cash Flow(6 year avg) = ฿118.28.

T.C.J. Asia PCL's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*118.2848+1361.082*0.8)/105.596
=20.98

* 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.

What does a Intrinsic Value: Projected FCF of ฿20.07 mean?
T.C.J. Asia PCL (BKK:TCJ-R) has a Intrinsic Value: Projected FCF of ฿20.07 as of Sep. 06, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on T.C.J. Asia PCL and its competitors. According to the industry distribution chart, T.C.J. Asia PCL ranks #2 out of 161 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 1.2%.
Is T.C.J. Asia PCL's Intrinsic Value: Projected FCF too high?
T.C.J. Asia PCL's current Intrinsic Value: Projected FCF is ฿20.07. Based on the distribution chart, T.C.J. Asia PCL ranks #2 out of 161 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, T.C.J. Asia PCL has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does T.C.J. Asia PCL's Intrinsic Value: Projected FCF compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, T.C.J. Asia PCL ranks #2 out of 161 companies for Intrinsic Value: Projected FCF. This places T.C.J. Asia PCL in the top 1% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 1.16. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Farm & Heavy Construction Machinery company?
The median Intrinsic Value: Projected FCF among Farm & Heavy Construction Machinery companies is 1.16, based on 161 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on T.C.J. Asia PCL and its competitors. For the Farm & Heavy Construction Machinery industry, the median Intrinsic Value: Projected FCF is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T.C.J. Asia PCL's current Intrinsic Value: Projected FCF is ฿20.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T.C.J. Asia PCL stock overvalued right now?
Based on GuruFocus' analysis, T.C.J. Asia PCL (BKK:TCJ-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.85, compared to a current price of ฿2.66 — trading 6.7% below its estimated fair value. The current Intrinsic Value: Projected FCF is ฿20.07. T.C.J. Asia PCL's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For T.C.J. Asia PCL (BKK:TCJ-R), the current Intrinsic Value: Projected FCF is ฿20.07 as of Sep. 06, 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 T.C.J. Asia PCL (BKK:TCJ-R) Overvalued in 2026?

Based on GuruFocus' analysis, T.C.J. Asia PCL stock appears to be undervalued. The current stock price of ฿2.66 is trading 6.7% below its estimated GF Value™ of ฿2.85. GuruFocus considers T.C.J. Asia PCL to be Fairly Valued.

Key valuation signals for BKK:TCJ-R:

  • Intrinsic Value: Projected FCF: ฿20.07
  • GF Value™: ฿2.85 vs. price of ฿2.66 (6.7% below fair value)
  • GF Score™: 64/100 with 5 warning signs

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


T.C.J. Asia PCL Business Description

Other Exchanges TCJ:Thailand
Address 3/4 Moo 9, Bangna-Trad Road (KM.18), Bang Chalong Subdistrict, Bang Plee District, Samutprakarn, THA, 10540
T.C.J. Asia PCL is engaged in the import business and distribution of machinery and lifting equipment for construction work, and loading and unloading services like tractors, wheel loaders, excavator and cranes and stainless-steel plate and construction contractor. The business segments of the company are Sales of cranes, road rollers and tractors and equipment, road rollers and tractors, and equipment, Rental and repair services of crane and trucks, Manufacturing and distribution of stainless steel pipes, Trading of stainless steel, Installation work, and Others. The group generates the majority of the revenue from the Manufacturing and distribution of stainless steel pipes segment and mainly operates in Thailand.
64GF Score

Get the complete analysis for BKK:TCJ-R

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.66
Price
฿2.85
GF Value