GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Specialty Natural Products PCL (BKK:SNPS-F) » Definitions » ROC %

Specialty Natural Products PCL (BKK:SNPS-F) ROC % : 17.80% (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is Specialty Natural Products PCL ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Specialty Natural Products PCL's annualized return on capital (ROC %) for the quarter that ended in Mar. 2025 was 17.80%.

As of today (2025-07-18), Specialty Natural Products PCL's WACC % is 10.13%. Specialty Natural Products PCL's ROC % is 20.87% (calculated using TTM income statement data). Specialty Natural Products 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.


Specialty Natural Products PCL ROC % Historical Data

The historical data trend for Specialty Natural Products 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.

* Premium members only.

Specialty Natural Products PCL ROC % Chart

Specialty Natural Products PCL Annual Data
Trend Dec22 Dec23 Dec24
ROC %
16.24 7.06 18.10

Specialty Natural Products PCL Quarterly Data
Dec22 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25
ROC % Get a 7-Day Free Trial -19.91 10.01 20.59 45.54 17.80

Specialty Natural Products PCL ROC % Calculation

Specialty Natural Products PCL's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2024 is calculated as:

ROC % (A: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2023 ) + Invested Capital (A: Dec. 2024 ))/ count )
=94.654 * ( 1 - 17.7% )/( (430.34 + 430.322)/ 2 )
=77.900242/430.331
=18.10 %

where

Invested Capital(A: Dec. 2023 )
=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))
=671.98 - 31.637 - ( 210.003 - max(0, 178.336 - 394.426+210.003))
=430.34

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))
=987.701 - 52.715 - ( 504.664 - max(0, 78.64 - 725.688+504.664))
=430.322

Specialty Natural Products PCL's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=99.764 * ( 1 - 21.44% )/( (430.322 + 450.115)/ 2 )
=78.3745984/440.2185
=17.80 %

where

Invested Capital(Q: 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))
=987.701 - 52.715 - ( 504.664 - max(0, 78.64 - 725.688+504.664))
=430.322

Invested Capital(Q: Mar. 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))
=1002.697 - 53.059 - ( 499.523 - max(0, 74.449 - 744.315+499.523))
=450.115

Note: The Operating Income data used here is four times the quarterly (Mar. 2025) data.

* 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.


Specialty Natural Products PCL  (BKK:SNPS-F) 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, Specialty Natural Products PCL's WACC % is 10.13%. Specialty Natural Products PCL's ROC % is 20.87% (calculated using TTM income statement data). Specialty Natural Products 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.


Specialty Natural Products PCL ROC % Related Terms

Thank you for viewing the detailed overview of Specialty Natural Products PCL's ROC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Specialty Natural Products PCL Business Description

Traded in Other Exchanges
Address
700/364 Moo 6, Amata Nakorn Industrial Estate, Nong Mai Daeng, Mueang Chon buri, Chon buri, THA, 20000
Specialty Natural Products PCL produces and extracts Thai herbs that meet world-class standards, which are used in the medical field, weight loss supplements, body care supplements, food and cosmetic businesses. The company is a processor of nutraceuticals, functional food, beverage, cosmetic, and body care ingredients. Its herbal active pharmaceutical ingredients include Senna Extract Liquid and Andrographis Paniculata Extract Powder. The Group generates revenue from external customers from both domestic and overseas. Key revenue is generated from the domestic costumers.

Specialty Natural Products PCL Headlines

No Headlines