Obermatt

Starflex

SET:SFLEX · TH9554010Z07
Containers & PackagingSmall

360

90
EV / EBIT56
Price / Owner Earnings50
Owner Earnings Yield75
Dividend Yield77
Price/Sales63
EV / Gross Profit26
Price/Book45
Return on Capital92
Cash Return on Capital91
Return on Equity96
EBIT Margin89
Gross Profitability65
Cash Conversion27
Accruals51
Owner Earnings Margin89
Sales growth69
Profit Growth17
Long-Term EPS Growth35
Owner Earnings Growth69
Reinvestment70
Price momentum49
Debt load39
Refinancing51
Debt Payback60
Liquidity53
Analyst ratings100
Opinion Changes50
Price Target Upside64
Market mood61
Value Creation20/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Starflex generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryThailand
IndustryContainers & Packaging
SizeSmall
TypePublic Company
ExchangeSET
Founded2003
ISINTH9554010Z07
Last UpdateApr 2, 2026
Themes
Packaging ServicesFood ProcessingManufacturing

Description

Starflex Public Company Limited manufactures and distributes flexible packaging products. Business Strategy The company employs a multifaceted business strategy for strengthening its market position and driving sustainable growth. The company prior…

Analysis

Quality compounder

Starflex Public Company Limited is a quality compounder: a well-run business trading at a price that reflects what it is worth. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is attractive. You pay 8.9× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone.

The trajectory is solid and the balance sheet is adequate. The company scores 20/20 on our value-creation score: strong value creator.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
78
2026

All-time high

78

Jun 2026

All-time low

8

Mar 2026

Average rank

43

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
63
Price/Earnings
68
Price/Book
45
Dividend Yield
77
Value (overall)
76

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →