Panjawattana Plastic PCL (BKK:PJW-R) Financial Strength: 4 (As of Jun. 2026) — Near Median

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:PJW-R Panjawattana Plastic PCL BKK:PJW-R
76 GF Score
Price ฿2.02
GF Value ฿2.96
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Panjawattana Plastic PCL Financial Strength?

Panjawattana Plastic PCL BKK:PJW-R 76 Financial Strength is 4 as of Jun. 2026, which is at its 10-year median of 4.00. GuruFocus rates BKK:PJW-R with a GF Score™ of 76/100 and a GF Value™ of ฿2.96 (Possible Value Trap). The stock has 3 warning signs investors should review.

Panjawattana Plastic PCL has the Financial Strength Rank of 4.

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.

Panjawattana Plastic PCL's Interest Coverage for the quarter that ended in Jun. 2026 was 3.07. Panjawattana Plastic PCL's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.38. As of today, Panjawattana Plastic PCL's Altman Z-Score is 1.67.


Panjawattana Plastic PCL  (BKK:PJW-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.

Panjawattana Plastic PCL has the Financial Strength Rank of 4.


Panjawattana Plastic PCL Financial Strength Related Terms


BKK:PJW-R vs SW, AMCR, PKG: Financial Strength Comparison

For the Packaging & Containers subindustry, Panjawattana Plastic 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.


Panjawattana Plastic PCL Financial Strength vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Panjawattana Plastic PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where Panjawattana Plastic PCL's Financial Strength falls into.


BKK:PJW-R
76GF Score
Panjawattana Plastic PCL BKK:PJW-R
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panjawattana Plastic 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:

Panjawattana Plastic PCL's Interest Expense for the months ended in Jun. 2026 was ฿-14 Mil. Its Operating Income for the months ended in Jun. 2026 was ฿42 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿563 Mil.

Panjawattana Plastic 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*42.246/-13.774
=3.07

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

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

Panjawattana Plastic 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
=(1117.724 + 563.067) / 4467.068
=0.38

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.

Panjawattana Plastic PCL has a Z-score of 1.67, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.67 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 4 mean?
Panjawattana Plastic PCL (BKK:PJW-R) has a Financial Strength of 4 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 Panjawattana Plastic PCL and its competitors. This is near median its historical median of 4.00. Over the past decade, Panjawattana Plastic PCL's Financial Strength has ranged from 2.00 to 5.00.
Is Panjawattana Plastic PCL's Financial Strength too high?
Panjawattana Plastic PCL's current Financial Strength of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.00. Overall, Panjawattana Plastic PCL has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Panjawattana Plastic PCL's Financial Strength compare to SW and AMCR?
Panjawattana Plastic PCL's Financial Strength of 4 can be compared against companies in the Packaging & Containers industry. Historically, Panjawattana Plastic PCL's own Financial Strength has ranged from 2.00 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 Packaging & Containers company?
A good Financial Strength depends on the Packaging & Containers 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 Panjawattana Plastic PCL and its competitors. Panjawattana Plastic PCL's current Financial Strength is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panjawattana Plastic PCL stock overvalued right now?
Based on GuruFocus' analysis, Panjawattana Plastic PCL (BKK:PJW-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.96, compared to a current price of ฿2.02 — trading 31.8% below its estimated fair value. The current Financial Strength is 4, which is near median its 10-year median of 4.00. Panjawattana Plastic PCL's overall GF Score™ is 76/100 with 3 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 Panjawattana Plastic PCL (BKK:PJW-R), the current Financial Strength is 4 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 Panjawattana Plastic PCL (BKK:PJW-R) Overvalued in 2026?

Based on GuruFocus' analysis, Panjawattana Plastic PCL stock appears to be undervalued. The current stock price of ฿2.02 is trading 31.8% below its estimated GF Value™ of ฿2.96. GuruFocus considers Panjawattana Plastic PCL to be Possible Value Trap.

Key valuation signals for BKK:PJW-R:

  • Financial Strength: 4 (near median its 10-year median of 4.00)
  • GF Value™: ฿2.96 vs. price of ฿2.02 (31.8% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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


Panjawattana Plastic PCL Business Description

Other Exchanges PJW:Thailand
Address Ekachai Road, No. 19 and 21 Soi Ekachai 63, Kwang Klong Bangbon, Khet Bangbon, Bangkok, THA, 10150
Panjawattana Plastic PCL is manufacturer and distributor of packaging for consumer product, Agro chemical, automotive parts and materials from plastic imitation. The company operates its business through the following segments, Samuthsakhon Plant, Chonburi Plant, Bangkok Plant, Jiangsu Plant, Tianjin Plant, Service, and the Business trading segment. It produces and supplies plastic containers and closures such as lubricant packaging, milk and yoghurt packaging, consumer goods packaging and chemicals liquid packaging, and plastic automotive parts of high quality and with custom designs according to clients' requirements for each of their specific brands.
76GF Score

Get the complete analysis for BKK:PJW-R

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

฿2.02
Price
฿2.96
GF Value