Asphere Innovations PCL (BKK:AS) Financial Strength: 10 (As of Jun. 2026) — 25% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BKK:AS Asphere Innovations PCL BKK:AS
65 GF Score
Price ฿2.26
GF Value ฿3.45
Valuation Possible Value Trap
! 5 Warning Signs
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What is Asphere Innovations PCL Financial Strength?

Asphere Innovations PCL BKK:AS -1.74% 65 Financial Strength is 10 as of Jun. 2026, which is 25% above its 10-year median of 8.00. GuruFocus rates BKK:AS with a GF Score™ of 65/100 and a GF Value™ of ฿3.45 (Possible Value Trap). The stock has 5 warning signs investors should review.

Asphere Innovations PCL has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Asphere Innovations PCL shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Asphere Innovations PCL's Interest Coverage for the quarter that ended in Jun. 2026 was 2.05. Asphere Innovations PCL's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.02. As of today, Asphere Innovations PCL's Altman Z-Score is 4.02.


Asphere Innovations PCL  (BKK:AS) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Asphere Innovations PCL has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Asphere Innovations PCL Financial Strength Related Terms


BKK:AS vs NTES, EA, TTWO: Financial Strength Comparison

For the Electronic Gaming & Multimedia subindustry, Asphere Innovations PCL's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Asphere Innovations PCL Financial Strength vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Asphere Innovations PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where Asphere Innovations PCL's Financial Strength falls into.


BKK:AS
65GF Score
Asphere Innovations PCL BKK:AS
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Asphere Innovations PCL Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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:

Asphere Innovations PCL's Interest Expense for the months ended in Jun. 2026 was ฿-0 Mil. Its Operating Income for the months ended in Jun. 2026 was ฿1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿2 Mil.

Asphere Innovations PCL's Interest Coverage for the quarter that ended in Jun. 2026 is

Interest Coverage=-1*Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*0.583/-0.285
=2.05

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Asphere Innovations PCL's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(12.353 + 2.132) / 916.728
=0.02

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Asphere Innovations PCL has a Z-score of 4.02, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.02 is strong.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 10 mean?
Asphere Innovations PCL (BKK:AS) has a Financial Strength of 10 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Asphere Innovations PCL and its competitors. This is 25% above median its historical median of 8.00. Over the past decade, Asphere Innovations PCL's Financial Strength has ranged from 2.00 to 10.00.
Is Asphere Innovations PCL's Financial Strength too high?
Asphere Innovations PCL's current Financial Strength of 10 is 25% above median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 10.00. Overall, Asphere Innovations PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asphere Innovations PCL's Financial Strength compare to NTES and EA?
Asphere Innovations PCL's Financial Strength of 10 can be compared against companies in the Interactive Media industry. Historically, Asphere Innovations PCL's own Financial Strength has ranged from 2.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Interactive Media company?
A good Financial Strength depends on the Interactive Media industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Asphere Innovations PCL and its competitors. Asphere Innovations PCL's current Financial Strength is 10, which is 25% above median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asphere Innovations PCL stock overvalued right now?
Based on GuruFocus' analysis, Asphere Innovations PCL (BKK:AS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.45, compared to a current price of ฿2.26 — trading 34.5% below its estimated fair value. The current Financial Strength is 10, which is 25% above median its 10-year median of 8.00. Asphere Innovations PCL's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Asphere Innovations PCL (BKK:AS), the current Financial Strength is 10 as of Jun. 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 Asphere Innovations PCL (BKK:AS) Overvalued in 2026?

Based on GuruFocus' analysis, Asphere Innovations PCL stock appears to be undervalued. The current stock price of ฿2.26 is trading 34.5% below its estimated GF Value™ of ฿3.45. GuruFocus considers Asphere Innovations PCL to be Possible Value Trap.

Key valuation signals for BKK:AS:

  • Financial Strength: 10 (25% above median its 10-year median of 8.00)
  • GF Value™: ฿3.45 vs. price of ฿2.26 (34.5% below fair value)
  • GF Score™: 65/100 with 5 warning signs

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


Asphere Innovations PCL Business Description

Other Exchanges 5ASA:Germany
Address Rama 9 Road, 51 Major Tower Rama 9 - Ramkhamhaeng 18th Floor, Room No. 3-8, Hua Mak, Bangkapi, Bangkok, THA, 10240
Asphere Innovations PCL is engaged in providing online game services. The Company operates in two segments: the publishing online game segment, which contributes the majority of the revenue and provides online game publishing services through the internet based on agreements between the publisher and game developers; and the distribution segment, which provides payment channel services. Other income mainly comprises revenue from the provision of marketing services. The Company offers a collection of games across PC and mobile platforms, covering genres such as MMORPG, Casual, SRPG, FPS, and MOBA. It operates in Thailand, Singapore, Vietnam, and other countries, with Singapore contributing the majority of the revenue.
65GF Score

Get the complete analysis for BKK:AS

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

฿2.26
Price
฿3.45
GF Value