ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Navakij Insurance PCL's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 1.01%.
As of today (2026-06-28), Navakij Insurance PCL's WACC % is 3.28%. Navakij Insurance PCL's ROC % is -4.47% (calculated using TTM income statement data).
Navakij Insurance PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.
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, Navakij Insurance PCL's WACC % is 3.28%. Navakij Insurance PCL's ROC % is -4.47% (calculated using TTM income statement data).
Navakij Insurance 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.
* 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.
Note:
The EBIT 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.
Navakij Insurance PCL (BKK:NKI-R) has a ROC % of 1.01% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Navakij Insurance PCL and its competitors.
Is Navakij Insurance PCL's ROC % too high?
Navakij Insurance PCL's current ROC % is 1.01%. The Insurance industry median ROC % is 3.36. Navakij Insurance PCL's value of 1.01% is 69.9% below this industry median. Overall, Navakij Insurance PCL has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Navakij Insurance PCL's ROC % compare to CB and PGR?
Navakij Insurance PCL's ROC % of 1.01% can be compared against companies in the Insurance industry. The industry median ROC % is 3.36. Navakij Insurance PCL's value of 1.01% is 69.9% below 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 Insurance company?
The median ROC % among Insurance companies is 3.36, based on 368 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. Navakij Insurance PCL's current ROC % of 1.01% is 69.9% below 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 Navakij Insurance PCL and its competitors. For the Insurance industry, the median ROC % is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navakij Insurance PCL's current ROC % is 1.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navakij Insurance PCL stock overvalued right now?
Navakij Insurance PCL (BKK:NKI-R) has a current ROC % of 1.01%. The stock's GF Value™ is ฿17.38, compared to a current price of ฿13.00 — trading 25.2% below its estimated fair value. The current ROC % is 1.01% and 69.9% below the Insurance industry median of 3.36. Navakij Insurance PCL's overall GF Score™ is 59/100 with 1 warning sign 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 Navakij Insurance PCL (BKK:NKI-R), the current ROC % is 1.01% 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.
Is Navakij Insurance PCL (BKK:NKI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Navakij Insurance PCL stock appears to be undervalued.
The current stock price of ฿13.00 is trading 25.2% below its estimated GF Value™ of ฿17.38.
Key valuation signals for BKK:NKI-R:
ROC %: 1.01%
GF Value™: ฿17.38 vs. price of ฿13.00 (25.2% below fair value)
Industry Position: 69.9% below the Insurance median
No single metric tells the full story. See the BKK:NKI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Navakij Insurance PCL is engaged in the provision of non-life insurance. The different kinds of insurance offered by the company include Motor Insurance, Fire Insurance, Marine and Transportation Insurance, and miscellaneous Insurance. The company operates its business in Thailand only.
59GF Score
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