Thai Coconut PCL (BKK:COCOCO) ROC %: 6.23% (As of Mar. 2026)


BKK:COCOCO Thai Coconut PCL BKK:COCOCO
63 GF Score
Price ฿5.75
GF Value ฿11.45
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Thai Coconut PCL ROC %?

Thai Coconut PCL BKK:COCOCO -0.86% 63 ROC % is 6.23% as of Mar. 2026. GuruFocus rates BKK:COCOCO with a GF Score™ of 63/100 and a GF Value™ of ฿11.45 (Significantly Undervalued). The stock has 7 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 %. Thai Coconut PCL's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 6.23%.

As of today (2026-07-01), Thai Coconut PCL's WACC % is 8.39%. Thai Coconut PCL's ROC % is 5.34% (calculated using TTM income statement data). Thai Coconut PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Thai Coconut PCL  (BKK:COCOCO) 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, Thai Coconut PCL's WACC % is 8.39%. Thai Coconut PCL's ROC % is 5.34% (calculated using TTM income statement data). Thai Coconut 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.


Thai Coconut PCL ROC % Related Terms


Thai Coconut PCL ROC % Historical Data

* Premium members only.

The historical data trend for Thai Coconut 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.

Thai Coconut PCL ROC % Chart

Thai Coconut PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial 10.34 12.39 19.07 16.91 5.18

Thai Coconut PCL Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 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 5.09 5.99 5.32 3.42 6.23
BKK:COCOCO
63GF Score
Thai Coconut PCL BKK:COCOCO
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Coconut PCL ROC % Calculation

Thai Coconut 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 )
=358.201 * ( 1 - 12.63% )/( (5204.768 + 6868.445)/ 2 )
=312.9602137/6036.6065
=5.18 %

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))
=6564.82 - 1046.288 - ( 546.94 - max(0, 2493.695 - 2807.459+546.94))
=5204.768

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))
=7869.533 - 901.002 - ( 424.146 - max(0, 2637.234 - 2737.32+424.146))
=6868.445

Thai Coconut 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 )
=468.06 * ( 1 - 6.63% )/( (6868.445 + 7168.582)/ 2 )
=437.027622/7018.5135
=6.23 %

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))
=7869.533 - 901.002 - ( 424.146 - max(0, 2637.234 - 2737.32+424.146))
=6868.445

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))
=8309.562 - 1148.282 - ( 402.245 - max(0, 2991.201 - 2983.899+402.245))
=7168.582

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 6.23% mean?
Thai Coconut PCL (BKK:COCOCO) has a ROC % of 6.23% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Thai Coconut PCL and its competitors.
Is Thai Coconut PCL's ROC % too high?
Thai Coconut PCL's current ROC % is 6.23%. The Consumer Packaged Goods industry median ROC % is 5.14. Thai Coconut PCL's value of 6.23% is 21.3% above this industry median. Overall, Thai Coconut PCL has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Coconut PCL's ROC % compare to KHC and GIS?
Thai Coconut PCL's ROC % of 6.23% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROC % is 5.14. Thai Coconut PCL's value of 6.23% is 21.3% 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 a Consumer Packaged Goods company?
The median ROC % among Consumer Packaged Goods companies is 5.14, based on 1,942 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. Thai Coconut PCL's current ROC % of 6.23% is 21.3% 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 Thai Coconut PCL and its competitors. For the Consumer Packaged Goods industry, the median ROC % is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Coconut PCL's current ROC % is 6.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Coconut PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Coconut PCL (BKK:COCOCO) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿11.45, compared to a current price of ฿5.75 — trading 49.8% below its estimated fair value. The current ROC % is 6.23% and 21.3% above the Consumer Packaged Goods industry median of 5.14. Thai Coconut PCL's overall GF Score™ is 63/100 with 7 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 Thai Coconut PCL (BKK:COCOCO), the current ROC % is 6.23% 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 Thai Coconut PCL (BKK:COCOCO) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Coconut PCL stock appears to be undervalued. The current stock price of ฿5.75 is trading 49.8% below its estimated GF Value™ of ฿11.45. GuruFocus considers Thai Coconut PCL to be Significantly Undervalued.

Key valuation signals for BKK:COCOCO:

  • ROC %: 6.23%
  • GF Value™: ฿11.45 vs. price of ฿5.75 (49.8% below fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 21.3% above the Consumer Packaged Goods median

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


Thai Coconut PCL Business Description

Address Changwattana Road, 108/45 Soi Changwattana 20, Pakkred, Nonthaburi, THA, 11120
Thai Coconut PCL is engaged in the production and distribution of coconut products. The company operates as a manufacturer of coconut-based products, including coconut milk, coconut water, ready curry soups, and coconut snacks, produced under the Thaicoco and Cocoburi brands. It also produces industrial coconut-based products. Its reportable segments are: Coconut milk, Coconut water, and Pet food. It generates the majority of revenue from the Coconut water segment. Geographically, it generates the maximum revenue from Asia, followed by America, Europe, the Middle East, Oceania, and Africa.
63GF Score

Get the complete analysis for BKK:COCOCO

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

฿5.75
Price
฿11.45
GF Value