Indicative LTV calculator

See roughly where a SET- or mai-listed position might sit on loan-to-value, using the same factors we weigh on every enquiry. It is an illustration to build intuition — not an offer, a quote, or advice.

Illustrative / indicative only

This tool is an educational illustration. It is not an offer, a quote, or advice, and it does not create any obligation. It produces a range, never a precise promise. Actual terms are set case-by-case after a principal reviews your specific ticker, position, and structure — typically within 2–3 business days. Consistent with the rest of this site, we publish no fixed LTV percentages; the figures below are illustrative bands generated to show how the factors interact.

Sector / profile

Approximate position value (THB)

Liquidity / free float

Volatility

Position vs. daily volume

Preferred tenor

Recourse preference

Runs entirely in your browser · nothing is sent, stored, or logged.

How this works — the method, in the open

We keep the heuristic transparent so you can see exactly what it does. The tool starts from a deliberately conservative illustrative mid-point — around the 50% figure used as the worked example in how much you can borrow against Thai shares — and then moves up or down within an illustrative band using the drivers we describe across the site. It never invents a precise figure, and it never presents a single number as a quote.

What moves the illustrative range, and in which direction
Driver	Toward the higher end	Toward the lower end
Sector / profile	Banks, regulated utilities	Commodity energy, small developers
Liquidity (ADTV) & free float	Deep, well-distributed	Thin, tightly held
Volatility	Steady price history	Large, frequent swings
Position vs. daily volume	Small relative to ADTV	Many days of volume
Tenor	Shorter	Longer
Recourse	Some / full recourse	Non-recourse

The width of the range widens when factors point in different directions or when the position is very large or thinly traded, reflecting genuine uncertainty. A conservative starting point is intentional: a lower, more prudent LTV widens the buffer before any margin top-up is required, which protects the borrower. This is a rule of thumb for building intuition, not a model of any specific lender's book, and it is capped so it can never imply an aggressive advance.

Frequently asked questions

01Is this calculator a quote?

No. It is an illustrative educational tool, not an offer, quote, or advice. It produces an indicative range from a transparent rule of thumb, not a decision. Nothing here is binding, and an actual loan-to-value is issued only after a principal reviews your specific ticker, position size, and structure — typically within two to three business days.

02How is the range calculated?

The tool starts from a conservative illustrative mid-point and moves within a band using the same factors we describe across the site: liquidity, volatility, free float, concentration relative to daily volume, tenor, and recourse. Deeper liquidity, steadier volatility, a wider float, a smaller position, a shorter tenor and some recourse push the illustrative range toward the higher end; thin liquidity, sharp volatility, a tight float, a large position, a longer tenor and no recourse pull it toward the lower end. It always returns a range, never a single precise number, and runs entirely in your browser.

03Why does my sector matter?

Sector is the fastest read on the two things that drive loan-to-value most: liquidity and volatility. A deeply-traded, steady large-cap bank tends to start higher than a commodity-exposed refiner or a thinly-traded small-cap developer. But sector only frames the starting point — it never sets the number. The specific ticker, its trading depth, and how large your position is relative to normal volume decide where in the band a position actually lands. This is set out in full in SET sector LTV.

04Are these real published LTV percentages?

No. We deliberately publish no fixed LTV percentages by sector or stock, because a headline figure would be wrong for most positions. The percentages shown here are illustrative ranges generated by the tool to help you understand how the factors interact — not a schedule you can read your own terms off, and not a commitment. The honest unit is a relative band, and the real number waits for a review of the actual holding.

05Does the tool collect or send my information?

No. The calculator runs entirely in your browser with no network calls, no cookies set by the tool, and no data collection or storage. Your inputs never leave your device. When you are ready for an indicative figure on your actual position, you can share it in confidence through the contact page.

This calculator is general information about how share-backed financing is sized in Thailand and is not legal, tax, or financial advice. All figures are illustrative bands, not offers, and depend entirely on the specific security, position, structure, and prevailing market conditions. Obtain advice from qualified Thai counsel and a financial adviser before acting. See our disclosures and editorial standards.

The tool is a sketch. Your ticker is the number.

Share your SET- or mai-listed holding in confidence and a senior principal will return an indicative LTV and loan amount — usually within 2–3 business days.

Request a Confidential Quote