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TOA Paint (Thailand) PCLBKK:TOA -1.92%92 Quick Ratio is 2.54 as of Mar. 2026, which is 13% above its 10-year median of 2.25. GuruFocus rates BKK:TOA with a GF Score™ of 92/100 and a GF Value™ of ฿17.13 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,606 Chemicals companies, TOA Paint (Thailand) PCL ranks better than 76.77% on this metric.
TOA Paint (Thailand) PCL has a quick ratio of 2.54. It generally indicates good short-term financial strength.
The historical rank and industry rank for TOA Paint (Thailand) PCL's Quick Ratio or its related term are showing as below:
BKK:TOA'
s Quick Ratio Range Over the Past 10 Years
Min: 0.63 Med: 2.25 Max: 2.66
Current: 2.54
During the past 11 years, TOA Paint (Thailand) PCL's highest Quick Ratio was 2.66. The lowest was 0.63. And the median was 2.25.
BKK:TOA's Quick Ratio is ranked better than 76.77% of 1606
companies
in the Chemicals industry
Industry Median: 1.38
vs BKK:TOA: 2.54
TOA Paint (Thailand) PCL (BKK:TOA) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
TOA Paint (Thailand) PCL Quick Ratio Related Terms
TOA Paint (Thailand) PCL Quick Ratio 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.
For the Specialty Chemicals subindustry, TOA Paint (Thailand) PCL's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
TOA Paint (Thailand) PCL Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, TOA Paint (Thailand) PCL's Quick Ratio distribution charts can be found below:
* The bar in red indicates where TOA Paint (Thailand) PCL's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
TOA Paint (Thailand) PCL's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
TOA Paint (Thailand) PCL (BKK:TOA) has a Quick Ratio of 2.54 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TOA Paint (Thailand) PCL and its competitors. This is 13% above median its historical median of 2.25. Over the past decade, TOA Paint (Thailand) PCL's Quick Ratio has ranged from 0.63 to 2.66. According to the industry distribution chart, TOA Paint (Thailand) PCL ranks #373 out of 1606 companies in the Chemicals industry, placing it in the top 23.2%.
Is TOA Paint (Thailand) PCL's Quick Ratio too high?
TOA Paint (Thailand) PCL's current Quick Ratio of 2.54 is 13% above median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.66. The Chemicals industry median Quick Ratio is 1.38. TOA Paint (Thailand) PCL's value of 2.54 is 84.1% above this industry median. Based on the distribution chart, TOA Paint (Thailand) PCL ranks #373 out of 1606 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, TOA Paint (Thailand) PCL has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TOA Paint (Thailand) PCL's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, TOA Paint (Thailand) PCL ranks #373 out of 1606 companies for Quick Ratio. This places TOA Paint (Thailand) PCL in the top 23% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.38. TOA Paint (Thailand) PCL's value of 2.54 is 84.1% above this benchmark. Historically, TOA Paint (Thailand) PCL's own Quick Ratio has ranged from 0.63 to 2.66 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 1.38, TOA Paint (Thailand) 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 Quick Ratio for a Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,606 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TOA Paint (Thailand) PCL's current Quick Ratio of 2.54 is 84.1% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TOA Paint (Thailand) PCL and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOA Paint (Thailand) PCL's current Quick Ratio is 2.54, which is 13% above median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOA Paint (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, TOA Paint (Thailand) PCL (BKK:TOA) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿17.13, compared to a current price of ฿15.30 — trading 10.7% below its estimated fair value. The current Quick Ratio is 2.54, which is 13% above median its 10-year median of 2.25 and 84.1% above the Chemicals industry median of 1.38. TOA Paint (Thailand) PCL's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For TOA Paint (Thailand) PCL (BKK:TOA), the current Quick Ratio is 2.54 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 TOA Paint (Thailand) PCL (BKK:TOA) Overvalued in 2026?
Based on GuruFocus' analysis, TOA Paint (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿15.30 is trading 10.7% below its estimated GF Value™ of ฿17.13.
GuruFocus considers TOA Paint (Thailand) PCL to be Modestly Undervalued.
Key valuation signals for BKK:TOA:
Quick Ratio: 2.54 (13% above median its 10-year median of 2.25)
GF Value™: ฿17.13 vs. price of ฿15.30 (10.7% below fair value)
Industry Position: 84.1% above the Chemicals median (#373 of 1606)
No single metric tells the full story. See the BKK:TOA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOA Paint (Thailand) PCL is principally engaged in the manufacture and distribution of paints and chemicals. Its product types are decorative coatings, wood coatings, construction chemicals, heavy-duty coatings, special paint, and hardware and power tools. The company generates a majority of its revenue from Thailand.
92GF Score
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