BT Wealth Industries PCL (BKK:BTW) ROC %: -32.01% (As of Mar. 2026)


What is BT Wealth Industries PCL ROC %?

BT Wealth Industries PCL BKK:BTW ROC % is -32.01% as of Mar. 2026. The stock has 2 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 %. BT Wealth Industries PCL's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -32.01%.

As of today (2026-06-29), BT Wealth Industries PCL's WACC % is 9.52%. BT Wealth Industries PCL's ROC % is -19.06% (calculated using TTM income statement data). BT Wealth Industries PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.


BT Wealth Industries PCL  (BKK:BTW) 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, BT Wealth Industries PCL's WACC % is 9.52%. BT Wealth Industries PCL's ROC % is -19.06% (calculated using TTM income statement data). BT Wealth Industries 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.


BT Wealth Industries PCL ROC % Related Terms


BT Wealth Industries PCL ROC % Historical Data

* Premium members only.

The historical data trend for BT Wealth Industries 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.

BT Wealth Industries PCL ROC % Chart

BT Wealth Industries 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 -8.42 3.35 -65.54 -13.64 -14.16

BT Wealth Industries 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 -12.45 -6.89 -17.86 -19.00 -32.01

BT Wealth Industries PCL ROC % Calculation

BT Wealth Industries 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 )
=-81.276 * ( 1 - 0.09% )/( (549.226 + 598.027)/ 2 )
=-81.2028516/573.6265
=-14.16 %

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))
=631.298 - 216.291 - ( 15.623 - max(0, 345.346 - 211.127+15.623))
=549.226

BT Wealth Industries 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 )
=-188.088 * ( 1 - 0% )/( (598.027 + 577.01)/ 2 )
=-188.088/587.5185
=-32.01 %

where

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 -32.01% mean?
BT Wealth Industries PCL (BKK:BTW) has a ROC % of -32.01% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on BT Wealth Industries PCL and its competitors.
Is BT Wealth Industries PCL's ROC % too high?
BT Wealth Industries PCL's current ROC % is -32.01%.
How does BT Wealth Industries PCL's ROC % compare to CRS and ATI?
BT Wealth Industries PCL's ROC % of -32.01% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.21. 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 Industrial Products company?
The median ROC % among Industrial Products companies is 5.21, based on 3,033 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. 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 BT Wealth Industries PCL and its competitors. For the Industrial Products industry, the median ROC % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BT Wealth Industries PCL's current ROC % is -32.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Wealth Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, BT Wealth Industries PCL (BKK:BTW) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.15, compared to a current price of ฿0.07 — trading 53.3% below its estimated fair value. The current ROC % is -32.01%. 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 BT Wealth Industries PCL (BKK:BTW), the current ROC % is -32.01% 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.

BT Wealth Industries PCL Business Description

Address Ramkhamhaeng Road, 593/3 Soi Ramkhamhaeng 39, Thepleela 1, Wangthonglang, Bangkok, THA, 10310
BT Wealth Industries PCL is principally engaged in the rental of assets. The company through its subsidiary is engaged in steel fabrication business for project construction in various heavy industries, such as mining, natural gas and petroleum, and power in both domestic and international sites. The Company provides two types of services, Steel Fabrication and Power Plant EPC Contractor. The steel fabrication products include Modularization and Parts Fabrication. The company operates in single segment, the provision of processing services for steel products and structures used in construction and industrial sectors.