Lee Feed Mill PCL (BKK:LEE) ROC %: 8.28% (As of Mar. 2026)


BKK:LEE Lee Feed Mill PCL BKK:LEE
70 GF Score
Price ฿2.46
GF Value ฿2.38
Valuation Fairly Valued
! 2 Warning Signs
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What is Lee Feed Mill PCL ROC %?

Lee Feed Mill PCL BKK:LEE -0.81% 70 ROC % is 8.28% as of Mar. 2026. GuruFocus rates BKK:LEE with a GF Score™ of 70/100 and a GF Value™ of ฿2.38 (Fairly Valued). 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 %. Lee Feed Mill PCL's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 8.28%.

As of today (2026-06-26), Lee Feed Mill PCL's WACC % is 5.48%. Lee Feed Mill PCL's ROC % is 13.79% (calculated using TTM income statement data). Lee Feed Mill PCL generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Lee Feed Mill PCL  (BKK:LEE) 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, Lee Feed Mill PCL's WACC % is 5.48%. Lee Feed Mill PCL's ROC % is 13.79% (calculated using TTM income statement data). Lee Feed Mill PCL generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Lee Feed Mill PCL ROC % Related Terms


Lee Feed Mill PCL ROC % Historical Data

* Premium members only.

The historical data trend for Lee Feed Mill 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.

Lee Feed Mill PCL ROC % Chart

Lee Feed Mill 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 4.37 1.23 2.41 5.78 13.90

Lee Feed Mill 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 12.19 17.67 18.62 11.05 8.28
BKK:LEE
70GF Score
Lee Feed Mill PCL BKK:LEE
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lee Feed Mill PCL ROC % Calculation

Lee Feed Mill 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 )
=286.277 * ( 1 - 12.58% )/( (1899.531 + 1702.66)/ 2 )
=250.2633534/1801.0955
=13.90 %

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))
=3103.696 - 139.983 - ( 1064.182 - max(0, 158.355 - 2005.071+1064.182))
=1899.531

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))
=3262.986 - 166.107 - ( 1394.219 - max(0, 185.361 - 2211.457+1394.219))
=1702.66

Lee Feed Mill 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 )
=171.2 * ( 1 - 18.07% )/( (1702.66 + 1685.375)/ 2 )
=140.26416/1694.0175
=8.28 %

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))
=3262.986 - 166.107 - ( 1394.219 - max(0, 185.361 - 2211.457+1394.219))
=1702.66

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))
=3347.831 - 202.455 - ( 1460.001 - max(0, 221.609 - 2304.568+1460.001))
=1685.375

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 8.28% mean?
Lee Feed Mill PCL (BKK:LEE) has a ROC % of 8.28% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Lee Feed Mill PCL and its competitors.
Is Lee Feed Mill PCL's ROC % too high?
Lee Feed Mill PCL's current ROC % is 8.28%. The Consumer Packaged Goods industry median ROC % is 5.14. Lee Feed Mill PCL's value of 8.28% is 61.1% above this industry median. Overall, Lee Feed Mill PCL has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lee Feed Mill PCL's ROC % compare to KHC and GIS?
Lee Feed Mill PCL's ROC % of 8.28% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROC % is 5.14. Lee Feed Mill PCL's value of 8.28% is 61.1% 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 1,948 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. Lee Feed Mill PCL's current ROC % of 8.28% is 61.1% 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 Lee Feed Mill 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. Lee Feed Mill PCL's current ROC % is 8.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lee Feed Mill PCL stock overvalued right now?
Based on GuruFocus' analysis, Lee Feed Mill PCL (BKK:LEE) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.38, compared to a current price of ฿2.46 — trading 3.4% above its estimated fair value. The current ROC % is 8.28% and 61.1% above the Consumer Packaged Goods industry median of 5.14. Lee Feed Mill PCL's overall GF Score™ is 70/100 with 2 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 Lee Feed Mill PCL (BKK:LEE), the current ROC % is 8.28% 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 Lee Feed Mill PCL (BKK:LEE) Overvalued in 2026?

Based on GuruFocus' analysis, Lee Feed Mill PCL stock appears to be overvalued. The current stock price of ฿2.46 is trading 3.4% above its estimated GF Value™ of ฿2.38. GuruFocus considers Lee Feed Mill PCL to be Fairly Valued.

Key valuation signals for BKK:LEE:

  • ROC %: 8.28%
  • GF Value™: ฿2.38 vs. price of ฿2.46 (3.4% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 61.1% above the Consumer Packaged Goods median

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


Lee Feed Mill PCL Business Description

Address 33/137 Surawong Road, 28th Floor, Wall Street Tower, Bangrak, Bangkok, THA, 10500
Lee Feed Mill PCL engages in the production, and distribution of animal feed for both livestock, and aquaculture in concentrated pellet and powder forms, as well as feed for swine, chickens, ducks, cattle, fish, and shrimp, under the brand names of Lee, Win, Max, and Pro-Grade. The company operates through the following segments: Manufacture and Distribution of Animal Feed, Crop Drying, Experimental Farming, and Crop Farming. It offers pet food, land-animal feed, and aquatic animal feed. The company is also involved in breeding broiler chicks; silo grain storage as well as rental farming businesses. Its operations are majorly carried out in Thailand and also in the State of Cambodia.
70GF Score

Get the complete analysis for BKK:LEE

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

฿2.46
Price
฿2.38
GF Value