Pico Thailand Public Co. Ltd.(TH:PICO)
TH:PICO
Pico Thailand Public Co. Ltd. financials statements
Pico Thailand Public Co. Ltd. (PICO) Ratios
Pico Thailand Public Co. Ltd. Ratios
TH:PICO's free cash flow for Q2 2026 was ฿-65.52M. For the 2026 fiscal year, TH:PICO's free cash flow was decreased by ฿-2.68M and operating cash flow was ฿-62.84M. See a summary of the company’s cash flow.
| Ratios | Oct 25 | Oct 24 | Oct 23 | Oct 22 | Oct 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.96 | 2.13 | 2.08 | 1.77 | 1.88 |
| Quick Ratio | 1.96 | 2.13 | 2.08 | 1.64 | 1.68 |
| Cash Ratio | 0.91 | 0.90 | 0.61 | 0.37 | 0.75 |
| Solvency Ratio | 0.08 | 0.12 | 0.12 | 0.11 | -0.04 |
| Operating Cash Flow Ratio | 0.24 | 0.37 | 0.35 | -0.09 | -0.19 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 1068.33 | 0.00 | -0.68 | -0.75 |
| Net Current Asset Value | ฿ 262.86M | ฿ 260.66M | ฿ 226.76M | ฿ 185.58M | ฿ 128.30M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.01 | 0.01 | 0.01 | 0.08 | 0.12 |
| Debt-to-Equity Ratio | 0.02 | 0.02 | 0.02 | 0.16 | 0.24 |
| Debt-to-Capital Ratio | 0.02 | 0.02 | 0.02 | 0.14 | 0.19 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 |
| Financial Leverage Ratio | 1.96 | 1.85 | 1.87 | 2.08 | 1.94 |
| Debt Service Coverage Ratio | 158.01 | 120.46 | 31.71 | 0.97 | -0.17 |
| Interest Coverage Ratio | 63.00 | 106.67 | 16.48 | 10.39 | -15.65 |
| Debt to Market Cap | 0.00 | 0.00 | 0.00 | 0.04 | 0.08 |
| Interest Debt Per Share | 0.04 | 0.04 | 0.04 | 0.28 | 0.38 |
| Net Debt to EBITDA | -8.64 | -4.77 | -3.33 | -1.27 | 6.05 |
| Profitability Margins | |||||
| Gross Profit Margin | 21.99% | 21.01% | 25.72% | 21.93% | 27.21% |
| EBIT Margin | 1.70% | 2.97% | 2.70% | 2.41% | -5.08% |
| EBITDA Margin | 2.77% | 4.11% | 4.60% | 4.52% | -2.54% |
| Operating Profit Margin | 1.06% | 2.28% | 2.08% | 2.09% | -5.67% |
| Pretax Profit Margin | 1.84% | 2.95% | 2.81% | 2.35% | -5.44% |
| Net Profit Margin | 1.54% | 2.25% | 2.08% | 1.80% | -4.45% |
| Continuous Operations Profit Margin | 1.71% | 2.34% | 2.21% | 1.85% | -4.52% |
| Net Income Per EBT | 83.57% | 76.39% | 74.12% | 76.71% | 81.79% |
| EBT Per EBIT | 174.12% | 128.98% | 135.34% | 112.26% | 95.84% |
| Return on Assets (ROA) | 2.31% | 3.69% | 2.96% | 2.60% | -4.33% |
| Return on Equity (ROE) | 4.54% | 6.82% | 5.53% | 5.40% | -8.41% |
| Return on Capital Employed (ROCE) | 2.68% | 5.90% | 4.69% | 5.29% | -8.67% |
| Return on Invested Capital (ROIC) | 2.47% | 4.65% | 3.66% | 3.75% | -6.24% |
| Return on Tangible Assets | 2.33% | 3.74% | 3.02% | 2.67% | -4.48% |
| Earnings Yield | 2.08% | 3.91% | 2.03% | 1.86% | -3.51% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.19 | 4.50 | 3.21 | 2.72 | 3.19 |
| Payables Turnover | 4.21 | 11.57 | 9.20 | 7.98 | 12.90 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 19.71 | 9.93 |
| Fixed Asset Turnover | 10.55 | 10.46 | 9.19 | 8.87 | 4.68 |
| Asset Turnover | 1.51 | 1.64 | 1.42 | 1.44 | 0.97 |
| Working Capital Turnover Ratio | 3.87 | 4.19 | 3.79 | 4.79 | 2.87 |
| Cash Conversion Cycle | 0.39 | 49.61 | 73.90 | 107.11 | 122.77 |
| Days of Sales Outstanding | 87.16 | 81.15 | 113.57 | 134.32 | 114.32 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 18.52 | 36.75 |
| Days of Payables Outstanding | 86.78 | 31.54 | 39.67 | 45.73 | 28.30 |
| Operating Cycle | 87.16 | 81.15 | 113.57 | 152.84 | 151.07 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 0.38 | 0.50 | 0.45 | -0.14 | -0.21 |
| Free Cash Flow Per Share | 0.36 | 0.47 | 0.42 | -0.16 | -0.24 |
| Dividend Paid and CapEx Coverage Ratio | 3.22 | 20.85 | 20.29 | -5.75 | -5.82 |
| Capital Expenditure Coverage Ratio | 20.93 | 20.85 | 20.29 | -5.75 | -5.82 |
| Operating Cash Flow Coverage Ratio | 11.00 | 13.43 | 12.94 | -0.50 | -0.56 |
| Operating Cash Flow to Sales Ratio | 0.06 | 0.08 | 0.09 | -0.03 | -0.07 |
| Free Cash Flow Yield | 8.25% | 13.50% | 8.60% | -3.23% | -6.53% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 48.09 | 25.00 | 49.40 | 53.68 | -28.77 |
| Price-to-Sales (P/S) Ratio | 0.74 | 0.58 | 1.03 | 0.97 | 1.27 |
| Price-to-Book (P/B) Ratio | 2.18 | 1.75 | 2.73 | 2.90 | 2.40 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 12.13 | 7.41 | 11.62 | -30.96 | -15.32 |
| Price-to-Operating Cash Flow Ratio | 11.55 | 7.05 | 11.05 | -36.35 | -17.95 |
| Price-to-Earnings Growth (PEG) Ratio | -1.39 | 0.62 | 6.01 | -0.31 | 0.54 |
| Enterprise Value Multiple | 17.97 | 9.25 | 19.01 | 20.13 | -43.83 |
| Enterprise Value | 639.63M | 497.09M | 905.16M | 1.00B | 707.53M |
| EV to EBITDA | 17.97 | 9.25 | 19.01 | 20.13 | -43.83 |
| EV to Sales | 0.50 | 0.38 | 0.87 | 0.91 | 1.11 |
| EV to Free Cash Flow | 8.19 | 4.89 | 9.89 | -29.12 | -13.46 |
| EV to Operating Cash Flow | 7.80 | 4.65 | 9.41 | -34.18 | -15.77 |
| Tangible Book Value Per Share | 2.00 | 1.96 | 1.75 | 1.63 | 1.46 |
| Shareholders’ Equity Per Share | 2.01 | 2.01 | 1.81 | 1.71 | 1.56 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.07 | 0.21 | 0.21 | 0.21 | 0.17 |
| Revenue Per Share | 5.96 | 6.07 | 4.81 | 5.13 | 2.95 |
| Net Income Per Share | 0.09 | 0.14 | 0.10 | 0.09 | -0.13 |
| Tax Burden | 0.84 | 0.76 | 0.74 | 0.77 | 0.82 |
| Interest Burden | 1.08 | 0.99 | 1.04 | 0.98 | 1.07 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.21 | 0.19 | 0.24 | 0.20 | 0.33 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 4.17 | 2.77 | 3.31 | -1.13 | 1.30 |
Currency in THB
