Rojana Industrial Park PCL (BKK:ROJNA) Enterprise Value: ฿21,349 Mil (As of Aug. 02, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ROJNA Rojana Industrial Park PCL BKK:ROJNA
68 GF Score
Price ฿6.10
GF Value ฿4.59
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Rojana Industrial Park PCL Enterprise Value?

Rojana Industrial Park PCL BKK:ROJNA +0.83% 68 Enterprise Value is ฿21,349 Mil as of Aug. 02, 2026. GuruFocus rates BKK:ROJNA with a GF Score™ of 68/100 and a GF Value™ of ฿4.59 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Rojana Industrial Park PCL's Enterprise Value is ฿21,349 Mil. Rojana Industrial Park PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿3,943 Mil. Therefore, Rojana Industrial Park PCL's EV-to-EBIT ratio for today is 5.41.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Rojana Industrial Park PCL's Enterprise Value is ฿21,349 Mil. Rojana Industrial Park PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ฿5,566 Mil. Therefore, Rojana Industrial Park PCL's EV-to-EBITDA ratio for today is 3.84.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Rojana Industrial Park PCL's Enterprise Value is ฿21,349 Mil. Rojana Industrial Park PCL's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ฿14,795 Mil. Therefore, Rojana Industrial Park PCL's EV-to-Revenue ratio for today is 1.44.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Rojana Industrial Park PCL's Enterprise Value is ฿21,349 Mil. Rojana Industrial Park PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ฿2,687 Mil. Therefore, Rojana Industrial Park PCL's EV-to-OCF ratio for today is 7.95.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Rojana Industrial Park PCL's Enterprise Value is ฿21,349 Mil. Rojana Industrial Park PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿2,188 Mil. Therefore, Rojana Industrial Park PCL's EV-to-FCF ratio for today is 9.76.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Rojana Industrial Park PCL  (BKK:ROJNA) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Rojana Industrial Park PCL's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=21348.541/3943.347
=5.41

Rojana Industrial Park PCL's current Enterprise Value is ฿21,349 Mil.
Rojana Industrial Park PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿3,943 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Rojana Industrial Park PCL's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=21348.541/5565.633
=3.84

Rojana Industrial Park PCL's current Enterprise Value is ฿21,349 Mil.
Rojana Industrial Park PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿5,566 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Rojana Industrial Park PCL's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=21348.541/14795.023
=1.44

Rojana Industrial Park PCL's current Enterprise Value is ฿21,349 Mil.
Rojana Industrial Park PCL's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿14,795 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Rojana Industrial Park PCL's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=21348.541/2686.933
=7.95

Rojana Industrial Park PCL's current Enterprise Value is ฿21,349 Mil.
Rojana Industrial Park PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿2,687 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Rojana Industrial Park PCL's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=21348.541/2188.407
=9.76

Rojana Industrial Park PCL's current Enterprise Value is ฿21,349 Mil.
Rojana Industrial Park PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿2,188 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rojana Industrial Park PCL Enterprise Value Related Terms


Rojana Industrial Park PCL Enterprise Value Historical Data

* Premium members only.

The historical data trend for Rojana Industrial Park PCL's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rojana Industrial Park PCL Enterprise Value Chart

Rojana Industrial Park PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33,550.26 30,628.16 22,684.66 21,361.06 19,898.29

Rojana Industrial Park PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21,265.16 20,521.45 20,622.74 19,898.29 19,631.15

BKK:ROJNA vs CEG, VST, NRG: Enterprise Value Comparison

For the Utilities - Independent Power Producers subindustry, Rojana Industrial Park PCL's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rojana Industrial Park PCL Enterprise Value vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Rojana Industrial Park PCL's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Rojana Industrial Park PCL's Enterprise Value falls into.


BKK:ROJNA
68GF Score
Rojana Industrial Park PCL BKK:ROJNA
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rojana Industrial Park PCL Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Rojana Industrial Park PCL's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Rojana Industrial Park PCL's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ฿21,349 Mil mean?
Rojana Industrial Park PCL (BKK:ROJNA) has a Enterprise Value of ฿21,349 Mil as of Aug. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Rojana Industrial Park PCL and its competitors.
Is Rojana Industrial Park PCL's Enterprise Value too high?
Rojana Industrial Park PCL's current Enterprise Value is ฿21,349 Mil. Overall, Rojana Industrial Park PCL has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rojana Industrial Park PCL's Enterprise Value compare to CEG and VST?
Rojana Industrial Park PCL's Enterprise Value of ฿21,349 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Utilities - Independent Power Producers company?
A good Enterprise Value depends on the Utilities - Independent Power Producers industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Rojana Industrial Park PCL and its competitors. Rojana Industrial Park PCL's current Enterprise Value is ฿21,349 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rojana Industrial Park PCL stock overvalued right now?
Based on GuruFocus' analysis, Rojana Industrial Park PCL (BKK:ROJNA) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿4.59, compared to a current price of ฿6.10 — trading 32.9% above its estimated fair value. The current Enterprise Value is ฿21,349 Mil. Rojana Industrial Park PCL's overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Rojana Industrial Park PCL (BKK:ROJNA), the current Enterprise Value is ฿21,349 Mil as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rojana Industrial Park PCL (BKK:ROJNA) Overvalued in 2026?

Based on GuruFocus' analysis, Rojana Industrial Park PCL stock appears to be overvalued. The current stock price of ฿6.10 is trading 32.9% above its estimated GF Value™ of ฿4.59. GuruFocus considers Rojana Industrial Park PCL to be Significantly Overvalued.

Key valuation signals for BKK:ROJNA:

  • Enterprise Value: ฿21,349 Mil
  • GF Value™: ฿4.59 vs. price of ฿6.10 (32.9% above fair value)
  • GF Score™: 68/100 with 9 warning signs

No single metric tells the full story. See the BKK:ROJNA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rojana Industrial Park PCL Business Description

Address New Petchaburi Road, 2034/115 Ital Thai Tower, 26th Floor, Bang Kapi, Huai Khwang, Bangkok, THA, 10310
Rojana Industrial Park PCL is engaged in the development of industrial estate at Ayutthaya, Rayong, and Chonburi Provinces. The segments of the company comprise Real estate development & related services, Electricity generating, Production & distribution of industrial water. The majority of revenue is derived from the sales of electricity business. Geographically it only operates in Thailand.
68GF Score

Get the complete analysis for BKK:ROJNA

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿6.10
Price
฿4.59
GF Value