Thai Solar Energy PCL has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Thai Solar Energy 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.
Thai Solar Energy PCL's Interest Coverage for the quarter that ended in Mar. 2026 was 2.34.
Thai Solar Energy PCL's debt to revenue ratio for the quarter that ended in Mar. 2026 was 2.78.
As of today, Thai Solar Energy PCL's Altman Z-Score is 0.75.
Thai Solar Energy PCL (BKK:TSE-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.
Thai Solar Energy PCL has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Thai Solar Energy PCL Financial Strength Related Terms
Thai Solar Energy PCL Financial Strength Competitor Comparison
For the Utilities - Renewable subindustry, Thai Solar Energy 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.
Thai Solar Energy PCL Financial Strength vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thai Solar Energy PCL's Financial Strength distribution charts can be found below:
* The bar in red indicates where Thai Solar Energy PCL's Financial Strength falls into.
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:
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.
Thai Solar Energy PCL has a Z-score of 0.75, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.75 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.
Thai Solar Energy PCL (BKK:TSE-R) has a Financial Strength of 3 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 Thai Solar Energy PCL and its competitors. This is 50% above median its historical median of 2.00. Over the past decade, Thai Solar Energy PCL's Financial Strength has ranged from 1.00 to 4.00.
Is Thai Solar Energy PCL's Financial Strength too high?
Thai Solar Energy PCL's current Financial Strength of 3 is 50% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. Overall, Thai Solar Energy PCL has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Thai Solar Energy PCL's Financial Strength compare to competitors?
Thai Solar Energy PCL's Financial Strength of 3 can be compared against companies in the Utilities - Independent Power Producers industry. Historically, Thai Solar Energy PCL's own Financial Strength has ranged from 1.00 to 4.00 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 Utilities - Independent Power Producers company?
A good Financial Strength depends on the Utilities - Independent Power Producers 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 Thai Solar Energy PCL and its competitors. Thai Solar Energy PCL's current Financial Strength is 3, which is 50% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Solar Energy PCL stock overvalued right now?
Thai Solar Energy PCL (BKK:TSE-R) has a current Financial Strength of 3. The stock's GF Value™ is ฿0.68, compared to a current price of ฿0.61 — trading 10.9% below its estimated fair value. The current Financial Strength is 3, which is 50% above median its 10-year median of 2.00. Thai Solar Energy PCL's overall GF Score™ is 42/100 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 Thai Solar Energy PCL (BKK:TSE-R), the current Financial Strength is 3 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 Thai Solar Energy PCL (BKK:TSE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Solar Energy PCL stock appears to be undervalued.
The current stock price of ฿0.61 is trading 10.9% below its estimated GF Value™ of ฿0.68.
Key valuation signals for BKK:TSE-R:
Financial Strength: 3 (50% above median its 10-year median of 2.00)
GF Value™: ฿0.68 vs. price of ฿0.61 (10.9% below fair value)
No single metric tells the full story. See the BKK:TSE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Solar Energy PCL is engaged in the generation and distribution of electricity from solar power to the government and private sector. The company has its operational footprints in Thailand and Japan. Its operating segments are Domestic and International of which, the company generates a majority of its revenue from the Domestic segment. The firm's projects are Solar PV Farms Thailand, Solar PV Farms Japan, Solar PV Rooftop Plants Thailand and Biomass Power Plants.
42GF Score
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