Thai Steel Cable PCL (BKK:TSC) Property, Plant and Equipment: ฿776 Mil (As of Mar. 2026)


BKK:TSC Thai Steel Cable PCL BKK:TSC
86 GF Score
Price ฿15.10
GF Value ฿12.97
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Thai Steel Cable PCL Property, Plant and Equipment?

Thai Steel Cable PCL BKK:TSC 86 Property, Plant and Equipment is ฿776 Mil as of Mar. 2026. GuruFocus rates BKK:TSC with a GF Score™ of 86/100 and a GF Value™ of ฿12.97 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Thai Steel Cable PCL's quarterly net PPE declined from Sep. 2025 (฿802 Mil) to Dec. 2025 (฿790 Mil) and declined from Dec. 2025 (฿790 Mil) to Mar. 2026 (฿776 Mil).

Thai Steel Cable PCL's annual net PPE declined from Sep. 2023 (฿884 Mil) to Sep. 2024 (฿849 Mil) and declined from Sep. 2024 (฿849 Mil) to Sep. 2025 (฿802 Mil).


Thai Steel Cable PCL  (BKK:TSC) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Thai Steel Cable PCL Property, Plant and Equipment Related Terms


Thai Steel Cable PCL Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for Thai Steel Cable PCL's Property, Plant and Equipment 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 Property, Plant and Equipment Chart

Thai Steel Cable PCL Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 931.11 895.07 883.84 849.35 801.92

Thai Steel Cable PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Property, Plant and Equipment 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 830.04 809.94 801.92 790.49 776.48
BKK:TSC
86GF Score
Thai Steel Cable PCL BKK:TSC
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Steel Cable PCL Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of ฿776 Mil mean?
Thai Steel Cable PCL (BKK:TSC) has a Property, Plant and Equipment of ฿776 Mil as of Mar. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Thai Steel Cable PCL and its competitors.
Is Thai Steel Cable PCL's Property, Plant and Equipment too high?
Thai Steel Cable PCL's current Property, Plant and Equipment is ฿776 Mil. Overall, Thai Steel Cable PCL has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Steel Cable PCL's Property, Plant and Equipment compare to ORLY and AZO?
Thai Steel Cable PCL's Property, Plant and Equipment of ฿776 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 Property, Plant and Equipment for a Vehicles & Parts company?
A good Property, Plant and Equipment depends on the Vehicles & Parts industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Thai Steel Cable PCL and its competitors. Thai Steel Cable PCL's current Property, Plant and Equipment is ฿776 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 ฿12.97, compared to a current price of ฿15.10 — trading 16.4% above its estimated fair value. The current Property, Plant and Equipment is ฿776 Mil. Thai Steel Cable PCL's overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Thai Steel Cable PCL (BKK:TSC), the current Property, Plant and Equipment is ฿776 Mil 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 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 ฿15.10 is trading 16.4% above its estimated GF Value™ of ฿12.97. GuruFocus considers Thai Steel Cable PCL to be Modestly Overvalued.

Key valuation signals for BKK:TSC:

  • Property, Plant and Equipment: ฿776 Mil
  • GF Value™: ฿12.97 vs. price of ฿15.10 (16.4% above fair value)
  • GF Score™: 86/100 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.
86GF Score

Get the complete analysis for BKK:TSC

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

฿15.10
Price
฿12.97
GF Value