Tipco Asphalt PCL (BKK:TASCO-R) Financial Strength: 7 (As of Mar. 2026) — 13% Below Median


BKK:TASCO-R Tipco Asphalt PCL BKK:TASCO-R
80 GF Score
Price ฿13.09
GF Value ฿13.02
! 6 Warning Signs
View Full Analysis

What is Tipco Asphalt PCL Financial Strength?

Tipco Asphalt PCL BKK:TASCO-R 80 Financial Strength is 7 as of Mar. 2026, which is 13% below its 10-year median of 8.00. GuruFocus rates BKK:TASCO-R with a GF Score™ of 80/100 and a GF Value™ of ฿13.02. The stock has 6 warning signs investors should review.

Tipco Asphalt PCL has the Financial Strength Rank of 7.

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.

Tipco Asphalt PCL's Interest Coverage for the quarter that ended in Mar. 2026 was 34.62. Tipco Asphalt PCL's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.12. As of today, Tipco Asphalt PCL's Altman Z-Score is 3.77.


Tipco Asphalt PCL  (BKK:TASCO-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.

Tipco Asphalt PCL has the Financial Strength Rank of 7.


Tipco Asphalt PCL Financial Strength Related Terms


BKK:TASCO-R vs CRH, VMC, MLM: Financial Strength Comparison

For the Building Materials subindustry, Tipco Asphalt 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.


Tipco Asphalt PCL Financial Strength vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where Tipco Asphalt PCL's Financial Strength falls into.


BKK:TASCO-R
80GF Score
Tipco Asphalt PCL BKK:TASCO-R
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tipco Asphalt 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:

Tipco Asphalt PCL's Interest Expense for the months ended in Mar. 2026 was ฿-22 Mil. Its Operating Income for the months ended in Mar. 2026 was ฿755 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿235 Mil.

Tipco Asphalt 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*754.513/-21.791
=34.62

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

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

Tipco Asphalt 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
=(3301.672 + 235.064) / 29702.78
=0.12

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.

Tipco Asphalt PCL has a Z-score of 3.77, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.77 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 7 mean?
Tipco Asphalt PCL (BKK:TASCO-R) has a Financial Strength of 7 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 Tipco Asphalt PCL and its competitors. This is 13% below median its historical median of 8.00. Over the past decade, Tipco Asphalt PCL's Financial Strength has ranged from 7.00 to 8.00.
Is Tipco Asphalt PCL's Financial Strength too high?
Tipco Asphalt PCL's current Financial Strength of 7 is 13% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 8.00. Overall, Tipco Asphalt PCL has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's Financial Strength compare to CRH and VMC?
Tipco Asphalt PCL's Financial Strength of 7 can be compared against companies in the Building Materials industry. Historically, Tipco Asphalt PCL's own Financial Strength has ranged from 7.00 to 8.00 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 Building Materials company?
A good Financial Strength depends on the Building Materials 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 Tipco Asphalt PCL and its competitors. Tipco Asphalt PCL's current Financial Strength is 7, which is 13% below 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 Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-R) has a current Financial Strength of 7. The stock's GF Value™ is ฿13.02, compared to a current price of ฿13.09 — trading 0.5% above its estimated fair value. The current Financial Strength is 7, which is 13% below median its 10-year median of 8.00. Tipco Asphalt PCL's overall GF Score™ is 80/100 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 Tipco Asphalt PCL (BKK:TASCO-R), the current Financial Strength is 7 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be overvalued. The current stock price of ฿13.09 is trading 0.5% above its estimated GF Value™ of ฿13.02.

Key valuation signals for BKK:TASCO-R:

  • Financial Strength: 7 (13% below median its 10-year median of 8.00)
  • GF Value™: ฿13.02 vs. price of ฿13.09 (0.5% above fair value)
  • GF Score™: 80/100 with 6 warning signs

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


Tipco Asphalt PCL Business Description

Other Exchanges TASCO:ThailandNVP5:Germany
Address 118/1 Rama 6 Road, Tipco Tower 1, Phayathai Sub District, Phayathai District, Bangkok, THA, 10400
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
80GF Score

Get the complete analysis for BKK:TASCO-R

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

฿13.09
Price
฿13.02
GF Value