Krungthai Car Rent and Lease PCL
Krungthai Car Rent and Lease PCL provides car rental and leasing services in Thailand, generating revenue primarily through vehicle rental fees and lease agreements.
Business. Krungthai Car Rent and Lease PCL (KCAR.BK) is a Thai transportation company engaged in the passenger transportation industry, specifically within the ground and sea sector. The firm is headquartered in Thailand and is primarily listed on the Stock Exchange of Thailand (SET). As specific operating segment and geographic breakdowns are not provided, the company is described at the industry level as a service-revenue provider in the transportation sector.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Krungthai Car Rent and Lease PCL (KCAR.BK) is a Thai transportation company engaged in the passenger transportation industry, specifically within the ground and sea sector. The firm is headquartered in Thailand and is primarily listed on the Stock Exchange of Thailand (SET). As specific operating segment and geographic breakdowns are not provided, the company is described at the industry level as a service-revenue provider in the transportation sector.
Krungthai Car Rent and Lease PCL has a market price of 4.8 THB per share, with a market capitalization of 1.2 billion THB. The company's price-to-earnings ratio is 78.84, and its price-to-book ratio is 0.5, indicating that the market value is significantly lower than the book value. The company's liquidity position is characterized by a current ratio of 0.45, suggesting that it has less than half the current assets needed to cover its current liabilities. The company's free cash flow is 242,051,720 THB, which is a positive sign for its ability to fund operations and growth.
In terms of profitability, Krungthai Car Rent and Lease PCL has a return on equity of 0.64% and a return on assets of 0.26%, which are relatively low compared to industry benchmarks. The company's operating income is 45,449,890 THB, and its net income is 15,220,730 THB, indicating a narrow profit margin. The debt-to-equity ratio of 1.28 suggests that the company is moderately leveraged, with a significant portion of its capital structure financed through debt.
The company's revenue is concentrated in its core car rental and leasing services, with no disclosed segments or geographic diversification. This concentration may expose the company to risks associated with market fluctuations in the transportation sector. The company's capital expenditure is relatively low at -3,434,380 THB, indicating minimal investment in new assets or expansion.
Looking ahead, the company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. The company's operating cash flow is 139,208,580 THB, which is a positive indicator of its ability to generate cash from operations. However, the company's liquidity risk is medium, and its net cash position is negative after subtracting total debt, which could limit its financial flexibility.
The company's risk assessment indicates a low potential for dilution, with no significant dilution sources identified. The company's risk profile is characterized by a medium liquidity risk and a low dilution risk. The company's recent financial filings and transcripts do not indicate any major events that would significantly impact its operations or financial position.
- Krungthai Car Rent and Lease PCL has a low price-to-book ratio, indicating that the market value is significantly lower than the book value.
- The company's return on equity and return on assets are relatively low, suggesting limited profitability.
- The company's liquidity position is weak, with a current ratio of 0.45.
- The company's debt-to-equity ratio of 1.28 indicates moderate leverage.
- The company's revenue is concentrated in its core car rental and leasing services, with no geographic diversification.
- The company's free cash flow is positive, which is a positive sign for its ability to fund operations and growth.
Bull / Bear case
Generated · model-assistedRevenue surged 20.6% year-over-year to THB 2.45 billion, demonstrating strong top-line growth momentum for the company.
Net income jumped 75.9% to THB 169 million, significantly outpacing revenue growth and indicating improved profitability.
Cash conversion ratio of 9.15 is best-in-class, vastly outperforming the 1.5 industry median.
Long-term debt decreased to THB 2.44 billion, reducing leverage compared to previous periods.
Return on equity of 0.64% sits in the bottom quartile, far below the 5.3% industry median.
The company faces high credit risk, posing a significant threat to financial stability and asset quality.
Debt-to-equity ratio of 1.28 is nearly double the 0.68 industry median, indicating higher financial leverage.
Medium liquidity risk flags potential challenges in meeting short-term obligations or managing cash flow volatility.
In focus — financials by report
Revenue THB 2.13B; Operating income THB 335.6M.
- ▍Revenue THB 2.13B
- ▍Operating income THB 335.6M
- ▍Net margin 10.6%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Ev To Operating Cash Flowenterprise_value / operating_cash_flow
- Return On Equitynet_income / total_equity
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Krungthai Car Rent and Lease PCL Market data — financials · 2026-05-28