Thitikorn PCL (BKK:TK-R) Intrinsic Value: Projected FCF: ฿26.80 (As of Sep. 05, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:TK-R Thitikorn PCL BKK:TK-R
59 GF Score
Price ฿4.42
GF Value ฿2.63
! 7 Warning Signs
View Full Analysis

What is Thitikorn PCL Intrinsic Value: Projected FCF?

Thitikorn PCL BKK:TK-R +7.80% 59 Intrinsic Value: Projected FCF is ฿26.80 as of Sep. 05, 2026. GuruFocus rates BKK:TK-R with a GF Score™ of 59/100 and a GF Value™ of ฿2.63. The stock has 7 warning signs investors should review. Among 307 Credit Services companies, Thitikorn PCL ranks better than 87.3% 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 (2026-09-05), Thitikorn PCL's Intrinsic Value: Projected FCF is ฿26.80. The stock price of Thitikorn PCL is ฿4.42. Therefore, Thitikorn PCL's Price-to-Intrinsic-Value-Projected-FCF of today is 0.2.

The historical rank and industry rank for Thitikorn PCL's Intrinsic Value: Projected FCF or its related term are showing as below:

BKK:TK-R' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.09   Med: 0.29   Max: 1.01
Current: 0.16

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Thitikorn PCL was 1.01. The lowest was 0.09. And the median was 0.29.

BKK:TK-R's Price-to-Projected-FCF is ranked better than
87.3% of 307 companies
in the Credit Services industry
Industry Median: 0.72 vs BKK:TK-R: 0.16

Thitikorn PCL  (BKK:TK-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.

Thitikorn 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
=4.42/27.158123064231
=0.16

* 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.


Thitikorn PCL Intrinsic Value: Projected FCF Related Terms


Thitikorn PCL Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Thitikorn 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.

Thitikorn PCL Intrinsic Value: Projected FCF Chart

Thitikorn 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 31.25 30.82 44.41 37.81 36.77

Thitikorn 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 37.20 35.59 36.77 30.50 27.16

BKK:TK-R vs V, MA, AXP: Intrinsic Value: Projected FCF Comparison

For the Credit Services subindustry, Thitikorn 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.


Thitikorn PCL Price-to-Projected-FCF vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Thitikorn PCL's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Thitikorn PCL's Price-to-Projected-FCF falls into.


BKK:TK-R
59GF Score
Thitikorn PCL BKK:TK-R
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thitikorn 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 Thitikorn PCL's Free Cash Flow(6 year avg) = ฿976.86.

Thitikorn 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*976.85568+5348.815*0.8)/500.000
=27.16

* 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 ฿26.80 mean?
Thitikorn PCL (BKK:TK-R) has a Intrinsic Value: Projected FCF of ฿26.80 as of Sep. 05, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Thitikorn PCL and its competitors. According to the industry distribution chart, Thitikorn PCL ranks #39 out of 307 companies in the Credit Services industry, placing it in the top 12.7%.
Is Thitikorn PCL's Intrinsic Value: Projected FCF too high?
Thitikorn PCL's current Intrinsic Value: Projected FCF is ฿26.80. Based on the distribution chart, Thitikorn PCL ranks #39 out of 307 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Thitikorn PCL has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Thitikorn PCL's Intrinsic Value: Projected FCF compare to V and MA?
According to the Credit Services industry distribution chart, Thitikorn PCL ranks #39 out of 307 companies for Intrinsic Value: Projected FCF. This places Thitikorn PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 0.72. 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 Credit Services company?
The median Intrinsic Value: Projected FCF among Credit Services companies is 0.72, based on 307 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 Thitikorn PCL and its competitors. For the Credit Services industry, the median Intrinsic Value: Projected FCF is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thitikorn PCL's current Intrinsic Value: Projected FCF is ฿26.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thitikorn PCL stock overvalued right now?
Thitikorn PCL (BKK:TK-R) has a current Intrinsic Value: Projected FCF of ฿26.80. The stock's GF Value™ is ฿2.63, compared to a current price of ฿4.42 — trading 68.1% above its estimated fair value. The current Intrinsic Value: Projected FCF is ฿26.80. Thitikorn PCL's overall GF Score™ is 59/100 with 7 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 Thitikorn PCL (BKK:TK-R), the current Intrinsic Value: Projected FCF is ฿26.80 as of Sep. 05, 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 Thitikorn PCL (BKK:TK-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thitikorn PCL stock appears to be overvalued. The current stock price of ฿4.42 is trading 68.1% above its estimated GF Value™ of ฿2.63.

Key valuation signals for BKK:TK-R:

  • Intrinsic Value: Projected FCF: ฿26.80
  • GF Value™: ฿2.63 vs. price of ฿4.42 (68.1% above fair value)
  • GF Score™: 59/100 with 7 warning signs

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


Thitikorn PCL Business Description

Other Exchanges TK:Thailand
Address 69 Ramkhamhaeng Road, Huamark, Bangkapi, Bangkok, THA, 10240
Thitikorn PCL and its subsidiaries are engaged in the vehicle hire-purchase business and related other services, and letting of motorcycle under operating lease. The company has a single-core operating segment which by product which are majority of hire-purchase on automobile and motorcycle and letting of motorcycle for general retail customers whereby the business activities with respect of loans and nano finance, including non-life insurance broker business and personal loan to the general retail customers are insignificant portion as compared to the entire volumes and business activities.. The company generates the majority of its revenue from the Domestic market.
59GF Score

Get the complete analysis for BKK:TK-R

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

฿4.42
Price
฿2.63
GF Value