SC Asset PCL (BKK:SC) ROC %: 1.23% (As of Mar. 2026)

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BKK:SC SC Asset Corp PCL BKK:SC
74 GF Score
Price ฿1.98
GF Value ฿2.55
Valuation Modestly Undervalued
! 8 Warning Signs
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What is SC Asset PCL ROC %?

SC Asset PCL BKK:SC -1.98% 74 ROC % is 1.23% as of Mar. 2026. GuruFocus rates BKK:SC with a GF Score™ of 74/100 and a GF Value™ of ฿2.55 (Modestly Undervalued). The stock has 8 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 %. SC Asset PCL's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 1.23%.

As of today (2026-07-17), SC Asset PCL's WACC % is 3.03%. SC Asset PCL's ROC % is 2.76% (calculated using TTM income statement data). SC Asset PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.


SC Asset PCL  (BKK:SC) 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, SC Asset PCL's WACC % is 3.03%. SC Asset PCL's ROC % is 2.76% (calculated using TTM income statement data). SC Asset 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.


SC Asset PCL ROC % Related Terms


SC Asset PCL ROC % Historical Data

* Premium members only.

The historical data trend for SC Asset 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.

SC Asset PCL ROC % Chart

SC Asset 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 5.33 5.61 4.99 2.47 2.86

SC Asset 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 1.29 3.08 2.92 3.76 1.23
BKK:SC
74GF Score
SC Asset Corp PCL BKK:SC
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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SC Asset PCL ROC % Calculation

SC Asset 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 )
=2136.939 * ( 1 - 20.85% )/( (60592.487 + 57620.876)/ 2 )
=1691.3872185/59106.6815
=2.86 %

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))
=67258.041 - 5342.365 - ( 1323.189 - max(0, 22417.055 - 52939.413+1323.189))
=60592.487

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))
=63955.187 - 2973.369 - ( 3360.942 - max(0, 19406.97 - 48520.719+3360.942))
=57620.876

SC Asset 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 )
=905.62 * ( 1 - 21.68% )/( (57620.876 + 58136.972)/ 2 )
=709.281584/57878.924
=1.23 %

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))
=63955.187 - 2973.369 - ( 3360.942 - max(0, 19406.97 - 48520.719+3360.942))
=57620.876

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))
=63994.538 - 2225.905 - ( 3631.661 - max(0, 20064.207 - 48348.853+3631.661))
=58136.972

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 1.23% mean?
SC Asset PCL (BKK:SC) has a ROC % of 1.23% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on SC Asset PCL and its competitors.
Is SC Asset PCL's ROC % too high?
SC Asset PCL's current ROC % is 1.23%. The Real Estate industry median ROC % is 2.17. SC Asset PCL's value of 1.23% is 43.3% below this industry median. Overall, SC Asset PCL has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SC Asset PCL's ROC % compare to competitors?
SC Asset PCL's ROC % of 1.23% can be compared against companies in the Real Estate industry. The industry median ROC % is 2.17. SC Asset PCL's value of 1.23% is 43.3% 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 a Real Estate company?
The median ROC % among Real Estate companies is 2.17, based on 1,755 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. SC Asset PCL's current ROC % of 1.23% is 43.3% 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 SC Asset PCL and its competitors. For the Real Estate industry, the median ROC % is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SC Asset PCL's current ROC % is 1.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SC Asset PCL stock overvalued right now?
Based on GuruFocus' analysis, SC Asset PCL (BKK:SC) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.55, compared to a current price of ฿1.98 — trading 22.4% below its estimated fair value. The current ROC % is 1.23% and 43.3% below the Real Estate industry median of 2.17. SC Asset PCL's overall GF Score™ is 74/100 with 8 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 SC Asset PCL (BKK:SC), the current ROC % is 1.23% 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 SC Asset PCL (BKK:SC) Overvalued in 2026?

Based on GuruFocus' analysis, SC Asset PCL stock appears to be undervalued. The current stock price of ฿1.98 is trading 22.4% below its estimated GF Value™ of ฿2.55. GuruFocus considers SC Asset PCL to be Modestly Undervalued.

Key valuation signals for BKK:SC:

  • ROC %: 1.23%
  • GF Value™: ฿2.55 vs. price of ฿1.98 (22.4% below fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 43.3% below the Real Estate median

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


SC Asset PCL Business Description

Address 1010 Vibhavadi Rangsit road, Chatuchak Subdistrict, Chatuchak District, Bangkok, THA, 10900
SC Asset Corp PCL is a Thailand-based real estate company. The company's principal activities involve real estate development for sale and rental, including services management. It mainly develops houses, townhomes, home offices, and condominiums. The Company operates in three segments including Real estate sales; Rental and rendering of services; and Consulting and management services. It generates the majority of its revenues from its Real estate sales segment.
74GF Score

Get the complete analysis for BKK:SC

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

฿1.98
Price
฿2.55
GF Value