Pacific Pipe Public Company Limited Cash Flow Conversion Efficiency

Latest as of December 2025: 0.056x

Pacific Pipe Public Company Limited cash flow conversion efficiency. Based on the latest financial reports, Pacific Pipe Public Company Limited (PAP) has a cash flow conversion efficiency ratio of 0.056x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (฿105.25 Million ≈ $3.28 Million USD) by net assets (฿1.89 Billion ≈ $58.80 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Pacific Pipe Public Company Limited (2003–2025)

Cash flow conversion efficiency of Pacific Pipe Public Company Limited from 2003 to 2025. This chart illustrates how Pacific Pipe Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Pacific Pipe Public Company Limited stock price today for real-time trading data and today's change.

Pacific Pipe Public Company Limited Cash Flow Conversion Ratio Explained

Pacific Pipe Public Company Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Pacific Pipe Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Pacific Pipe Public Company Limited ranked by their cash flow conversion efficiency. Also see PAP market cap overview for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Adocia PA:ADOC	1.826x
Netbay Public Company Limited BK:NETBAY	0.159x
Azion Corporation TWO:6148	0.025x
FarmStory Co. Ltd KQ:027710	0.030x
Safe Pro Group Inc. NASDAQ:SPAI	-0.240x
Taiwan Wax Co Ltd TWO:1742	-0.002x
ATIF Holdings Limited NASDAQ:ZBAI	-0.033x
Mobase Co Ltd KQ:101330	0.065x

Annual Cash Flow Conversion Efficiency for Pacific Pipe Public Company Limited (2003–2025)

The table below shows the annual cash flow conversion efficiency of Pacific Pipe Public Company Limited from 2003 to 2025. Review Pacific Pipe Public Company Limited (PAP) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	฿1.89 Billion ≈ $58.80 Million	฿149.75 Million ≈ $4.67 Million	0.079x	+496.59%
2024-12-31	฿1.81 Billion ≈ $56.29 Million	฿-36.15 Million ≈ $-1.13 Million	-0.020x	-113.46%
2023-12-31	฿2.01 Billion ≈ $62.70 Million	฿299.15 Million ≈ $9.32 Million	0.149x	-57.80%
2022-12-31	฿2.04 Billion ≈ $63.70 Million	฿720.16 Million ≈ $22.45 Million	0.352x	+727.17%
2021-12-31	฿2.93 Billion ≈ $91.22 Million	฿-164.42 Million ≈ $-5.12 Million	-0.056x	-203.71%
2020-12-31	฿2.49 Billion ≈ $77.63 Million	฿134.93 Million ≈ $4.21 Million	0.054x	-77.50%
2019-12-31	฿2.46 Billion ≈ $76.64 Million	฿592.15 Million ≈ $18.46 Million	0.241x	+831.54%
2018-12-31	฿2.42 Billion ≈ $75.44 Million	฿-79.68 Million ≈ $-2.48 Million	-0.033x	+46.87%
2017-12-31	฿2.58 Billion ≈ $80.45 Million	฿-159.92 Million ≈ $-4.98 Million	-0.062x	-148.72%
2016-12-31	฿2.56 Billion ≈ $79.70 Million	฿325.16 Million ≈ $10.13 Million	0.127x	-71.66%
2015-12-31	฿2.01 Billion ≈ $62.67 Million	฿902.12 Million ≈ $28.12 Million	0.449x	+3588.65%
2014-12-31	฿2.16 Billion ≈ $67.40 Million	฿-27.81 Million ≈ $-866.87K	-0.013x	-102.34%
2013-12-31	฿2.25 Billion ≈ $69.99 Million	฿1.24 Billion ≈ $38.51 Million	0.550x	+1296.87%
2012-12-31	฿2.00 Billion ≈ $62.42 Million	฿-92.07 Million ≈ $-2.87 Million	-0.046x	-126.60%
2011-12-31	฿1.92 Billion ≈ $59.72 Million	฿331.05 Million ≈ $10.32 Million	0.173x	+41.68%
2010-12-31	฿1.78 Billion ≈ $55.60 Million	฿217.53 Million ≈ $6.78 Million	0.122x	+143.02%
2009-12-31	฿1.65 Billion ≈ $51.55 Million	฿-468.90 Million ≈ $-14.62 Million	-0.284x	-203.75%
2008-12-31	฿1.56 Billion ≈ $48.61 Million	฿426.17 Million ≈ $13.28 Million	0.273x	+256.38%
2007-12-31	฿1.54 Billion ≈ $48.04 Million	฿118.19 Million ≈ $3.68 Million	0.077x	-22.86%
2006-12-31	฿1.55 Billion ≈ $48.37 Million	฿154.24 Million ≈ $4.81 Million	0.099x	+141.60%
2005-12-31	฿1.42 Billion ≈ $44.33 Million	฿-339.85 Million ≈ $-10.59 Million	-0.239x	-205.47%
2004-12-31	฿1.58 Billion ≈ $49.23 Million	฿357.83 Million ≈ $11.15 Million	0.227x	-3.58%
2003-12-31	฿443.24 Million ≈ $13.82 Million	฿104.15 Million ≈ $3.25 Million	0.235x	--

About Pacific Pipe Public Company Limited

BK:PAP Thailand Steel

Market Cap

$62.95 Million

฿2.02 Billion THB

Market Cap Rank

#20755 Global

#344 in Thailand

Share Price

฿3.06

Change (1 day)

-3.77%

52-Week Range

฿1.85 - ฿3.58

All Time High

฿5.92