CSP Steel Center PCL (BKK:CSP-R) Financial Strength: 2 (As of Mar. 2026) — 33% Below Median


BKK:CSP-R CSP Steel Center PCL BKK:CSP-R
25 GF Score
Price ฿0.39
GF Value ฿0.54
! 6 Warning Signs
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What is CSP Steel Center PCL Financial Strength?

CSP Steel Center PCL BKK:CSP-R 25 Financial Strength is 2 as of Mar. 2026, which is 33% below its 10-year median of 3.00. GuruFocus rates BKK:CSP-R with a GF Score™ of 25/100 and a GF Value™ of ฿0.54. The stock has 6 warning signs investors should review.

CSP Steel Center PCL has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

CSP Steel Center PCL displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

CSP Steel Center PCL's Interest Coverage for the quarter that ended in Mar. 2026 was 2.83. CSP Steel Center PCL's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.44. As of today, CSP Steel Center PCL's Altman Z-Score is 1.39.


CSP Steel Center PCL  (BKK:CSP-R) 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.

CSP Steel Center PCL has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


CSP Steel Center PCL Financial Strength Related Terms


BKK:CSP-R vs NUE, STLD, RS: Financial Strength Comparison

For the Steel subindustry, CSP Steel Center 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.


CSP Steel Center PCL Financial Strength vs Steel Industry

For the Steel industry and Basic Materials sector, CSP Steel Center PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where CSP Steel Center PCL's Financial Strength falls into.


BKK:CSP-R
25GF Score
CSP Steel Center PCL BKK:CSP-R
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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CSP Steel Center 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:

CSP Steel Center PCL's Interest Expense for the months ended in Mar. 2026 was ฿-10 Mil. Its Operating Income for the months ended in Mar. 2026 was ฿27 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿22 Mil.

CSP Steel Center PCL's Interest Coverage for the quarter that ended in Mar. 2026 is

Interest Coverage=-1*Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*26.969/-9.513
=2.83

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. CSP Steel Center PCLs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

CSP Steel Center PCL's Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1056.894 + 22.475) / 2475
=0.44

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.

CSP Steel Center PCL has a Z-score of 1.39, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.39 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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 2 mean?
CSP Steel Center PCL (BKK:CSP-R) has a Financial Strength of 2 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on CSP Steel Center PCL and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, CSP Steel Center PCL's Financial Strength has ranged from 1.00 to 5.00.
Is CSP Steel Center PCL's Financial Strength too high?
CSP Steel Center PCL's current Financial Strength of 2 is 33% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 5.00. Overall, CSP Steel Center PCL has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does CSP Steel Center PCL's Financial Strength compare to NUE and STLD?
CSP Steel Center PCL's Financial Strength of 2 can be compared against companies in the Steel industry. Historically, CSP Steel Center PCL's own Financial Strength has ranged from 1.00 to 5.00 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 a Steel company?
A good Financial Strength depends on the Steel 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 CSP Steel Center PCL and its competitors. CSP Steel Center PCL's current Financial Strength is 2, which is 33% below median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSP Steel Center PCL stock overvalued right now?
CSP Steel Center PCL (BKK:CSP-R) has a current Financial Strength of 2. The stock's GF Value™ is ฿0.54, compared to a current price of ฿0.39 — trading 27.8% below its estimated fair value. The current Financial Strength is 2, which is 33% below median its 10-year median of 3.00. CSP Steel Center PCL's overall GF Score™ is 25/100 with 6 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 CSP Steel Center PCL (BKK:CSP-R), the current Financial Strength is 2 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 CSP Steel Center PCL (BKK:CSP-R) Overvalued in 2026?

Based on GuruFocus' analysis, CSP Steel Center PCL stock appears to be undervalued. The current stock price of ฿0.39 is trading 27.8% below its estimated GF Value™ of ฿0.54.

Key valuation signals for BKK:CSP-R:

  • Financial Strength: 2 (33% below median its 10-year median of 3.00)
  • GF Value™: ฿0.54 vs. price of ฿0.39 (27.8% below fair value)
  • GF Score™: 25/100 with 6 warning signs

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


CSP Steel Center PCL Business Description

Other Exchanges CSP:Thailand
Address 475 Rama 3 Road, Bangklo, Bangkolaem, Bangkok, THA, 10120
CSP Steel Center PCL is a Thailand-based firm engaged in the manufacture and sale of sheet steel finished goods and rolled steel pipe. The company's product portfolio includes Cutting cold rolled sheet, Hot rolled steel, Coated sheets in both plate and coil types, Cold rolled steel pipe, and hot rolled steel pipe, among others. Geographically, the company operates in Thailand. The company has a single reportable segment which is the business of distribution of steel products.
25GF Score

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

฿0.39
Price
฿0.54
GF Value