Starflex PCL (BKK:SFLEX)
Thailand flag Thailand · Delayed Price · Currency is THB
3.060
+0.020 (0.66%)
Nov 5, 2026, 10:51 AM ICT

Starflex PCL Financials Overview

Millions THB. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,0321,9851,8961,8181,6961,727
Revenue Growth
5.99%4.71%4.30%7.18%-1.83%22.21%
Gross Profit
534.3495.7488.04452.77237.76313.26
Operating Income
300.34261.92292.87229.8967.29160.86
Net Income
265.75243.23280.76184.2555.07149.42
Earnings Per Share
0.350.320.360.230.070.18
EPS Growth
1.55%-11.70%55.18%244.72%-62.69%3.36%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Others
0.480.1611.5830.3117.943.13
Elimination of Inter-segment
-0.41-0.08-2.72-2.15--
Non-Food Packaging
1,7541,7041,5811,4131,2581,309
Food Packaging
254.81259.29279.06353.59392.82364.77
Unallocated Other Income
23.0922.1626.6822.9326.8950.16
Total
2,0321,9851,8961,8181,6961,727

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
81.7793.7562.0880.78129.0874.83
Total Debt
760.89660.91683.76648.26289.39204.93
Net Cash (Debt)
-679.12-567.17-621.68-567.47-160.31-130.1
Net Cash Growth
------
Net Cash Per Share
-0.90-0.74-0.80-0.71-0.20-0.16

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
216.05350.64215.56242.43175.0843.81
Capital Expenditures
-66.55-53.88-107.69-53.85-185.37-174.43
Free Cash Flow
149.5296.75107.87188.57-10.29-130.62
Free Cash Flow Growth
-13.46%175.11%-42.80%---

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
26.30%24.97%25.74%24.91%14.02%18.14%
Operating Margin
14.78%13.20%15.45%12.65%3.97%9.31%
Pretax Margin
13.17%12.12%15.01%12.28%3.82%9.08%
Profit Margin
13.08%12.25%14.81%10.14%3.25%8.65%
FCF Margin
7.36%14.95%5.69%10.38%-0.61%-7.56%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.2200.1700.1330.0900.0300.085
Dividend Per Share Growth
13.99%27.82%47.78%200.00%-64.71%-46.88%
Dividend Yield
7.19%5.41%4.65%2.51%1.01%1.68%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
8.679.697.9115.3944.3727.72
Forward PE
8.948.979.0813.7028.3821.49
P/FCF Ratio
14.837.9420.5815.03--
PS Ratio
1.091.191.171.561.442.40