B.Grimm Power PCL (BKK:BGRIM) ROC %: 3.81% (As of Mar. 2026)


BKK:BGRIM B.Grimm Power PCL BKK:BGRIM
83 GF Score
Price ฿17.10
GF Value ฿20.56
Valuation Modestly Undervalued
! 12 Warning Signs
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What is B.Grimm Power PCL ROC %?

B.Grimm Power PCL BKK:BGRIM +1.18% 83 ROC % is 3.81% as of Mar. 2026. GuruFocus rates BKK:BGRIM with a GF Score™ of 83/100 and a GF Value™ of ฿20.56 (Modestly Undervalued). The stock has 12 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. B.Grimm Power PCL's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 3.81%.

As of today (2026-07-02), B.Grimm Power PCL's WACC % is 6.29%. B.Grimm Power PCL's ROC % is 3.70% (calculated using TTM income statement data). B.Grimm Power PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.


B.Grimm Power PCL  (BKK:BGRIM) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, B.Grimm Power PCL's WACC % is 6.29%. B.Grimm Power PCL's ROC % is 3.70% (calculated using TTM income statement data). B.Grimm Power PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


B.Grimm Power PCL ROC % Related Terms


B.Grimm Power PCL ROC % Historical Data

* Premium members only.

The historical data trend for B.Grimm Power PCL's ROC % 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.

B.Grimm Power PCL ROC % Chart

B.Grimm Power PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 2.35 5.38 4.81 3.89

B.Grimm Power PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % 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 4.44 2.86 4.27 3.79 3.81
BKK:BGRIM
83GF Score
B.Grimm Power PCL BKK:BGRIM
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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B.Grimm Power PCL ROC % Calculation

B.Grimm Power PCL's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=7483.095 * ( 1 - 18.17% )/( (158057.686 + 156640.232)/ 2 )
=6123.4166385/157348.959
=3.89 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=180900.72 - 7931.472 - ( 19559.31 - max(0, 31514.226 - 46425.788+19559.31))
=158057.686

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=183046.037 - 9101.325 - ( 24172.21 - max(0, 23915.245 - 41219.725+24172.21))
=156640.232

B.Grimm Power PCL's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=8019.356 * ( 1 - 22.31% )/( (156640.232 + 170040.009)/ 2 )
=6230.2376764/163340.1205
=3.81 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=183046.037 - 9101.325 - ( 24172.21 - max(0, 23915.245 - 41219.725+24172.21))
=156640.232

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=189541.068 - 9124.783 - ( 20442.856 - max(0, 27898.333 - 38274.609+20442.856))
=170040.009

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROC % →
What does a ROC % of 3.81% mean?
B.Grimm Power PCL (BKK:BGRIM) has a ROC % of 3.81% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on B.Grimm Power PCL and its competitors.
Is B.Grimm Power PCL's ROC % too high?
B.Grimm Power PCL's current ROC % is 3.81%. The Utilities - Independent Power Producers industry median ROC % is 2.29. B.Grimm Power PCL's value of 3.81% is 66.4% above this industry median. Overall, B.Grimm Power PCL has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B.Grimm Power PCL's ROC % compare to CEG and VST?
B.Grimm Power PCL's ROC % of 3.81% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROC % is 2.29. B.Grimm Power PCL's value of 3.81% is 66.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Utilities - Independent Power Producers company?
The median ROC % among Utilities - Independent Power Producers companies is 2.29, based on 429 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. B.Grimm Power PCL's current ROC % of 3.81% is 66.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on B.Grimm Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median ROC % is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B.Grimm Power PCL's current ROC % is 3.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B.Grimm Power PCL stock overvalued right now?
Based on GuruFocus' analysis, B.Grimm Power PCL (BKK:BGRIM) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿20.56, compared to a current price of ฿17.10 — trading 16.8% below its estimated fair value. The current ROC % is 3.81% and 66.4% above the Utilities - Independent Power Producers industry median of 2.29. B.Grimm Power PCL's overall GF Score™ is 83/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For B.Grimm Power PCL (BKK:BGRIM), the current ROC % is 3.81% as of Mar. 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 B.Grimm Power PCL (BKK:BGRIM) Overvalued in 2026?

Based on GuruFocus' analysis, B.Grimm Power PCL stock appears to be undervalued. The current stock price of ฿17.10 is trading 16.8% below its estimated GF Value™ of ฿20.56. GuruFocus considers B.Grimm Power PCL to be Modestly Undervalued.

Key valuation signals for BKK:BGRIM:

  • ROC %: 3.81%
  • GF Value™: ฿20.56 vs. price of ฿17.10 (16.8% below fair value)
  • GF Score™: 83/100 with 12 warning signs
  • Industry Position: 66.4% above the Utilities - Independent Power Producers median

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


B.Grimm Power PCL Business Description

Other Exchanges BGRIM-F:Thailand
Address 5, Krungthepkreetha Road, Dr. Gerhard Link Building, Huamark, Bangkapi, Bangkok, THA, 10240
B.Grimm Power PCL, along with its subsidiaries, is engaged in the generation and distribution of electricity for the government sectors and Industrial Users, both in Thailand and overseas. The company operates through two reportable segments: 1) Electricity generating: This segment is the generation and distribution of electricity for the government sectors and industrial users both in Thailand and overseas and procure and wholesale liquefied natural gas to the entities in the Group. 2) Other businesses: This segment is the business of investment holding, maintenance, and operating services forpower plants. The majority of the company's revenue comes from Electricity generating segment. Geographically, it derives the maximum revenue from Thailand.
83GF Score

Get the complete analysis for BKK:BGRIM

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

฿17.10
Price
฿20.56
GF Value