Syntec Construction PCL (BKK:SYNTEC) ROC %: 11.65% (As of Mar. 2026)


BKK:SYNTEC Syntec Construction PCL BKK:SYNTEC
74 GF Score
Price ฿1.64
GF Value ฿1.78
Valuation Fairly Valued
! 2 Warning Signs
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What is Syntec Construction PCL ROC %?

Syntec Construction PCL BKK:SYNTEC 74 ROC % is 11.65% as of Mar. 2026. GuruFocus rates BKK:SYNTEC with a GF Score™ of 74/100 and a GF Value™ of ฿1.78 (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 %. Syntec Construction PCL's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 11.65%.

As of today (2026-06-30), Syntec Construction PCL's WACC % is 6.32%. Syntec Construction PCL's ROC % is 10.42% (calculated using TTM income statement data). Syntec Construction 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.


Syntec Construction PCL  (BKK:SYNTEC) 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, Syntec Construction PCL's WACC % is 6.32%. Syntec Construction PCL's ROC % is 10.42% (calculated using TTM income statement data). Syntec Construction 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.


Syntec Construction PCL ROC % Related Terms


Syntec Construction PCL ROC % Historical Data

* Premium members only.

The historical data trend for Syntec Construction 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.

Syntec Construction PCL ROC % Chart

Syntec Construction 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 0.91 -5.21 3.87 8.82 11.04

Syntec Construction 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 11.60 8.05 8.34 13.79 11.65
BKK:SYNTEC
74GF Score
Syntec Construction PCL BKK:SYNTEC
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Syntec Construction PCL ROC % Calculation

Syntec Construction 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 )
=802.992 * ( 1 - 19.36% )/( (5813.661 + 5912.574)/ 2 )
=647.5327488/5863.1175
=11.04 %

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))
=10696.493 - 2272.115 - ( 3548.631 - max(0, 3110.097 - 5720.814+3548.631))
=5813.661

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))
=10651.714 - 1998.792 - ( 3557.122 - max(0, 2991.022 - 5731.37+3557.122))
=5912.574

Syntec Construction 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 )
=837.724 * ( 1 - 19% )/( (5912.574 + 5734.452)/ 2 )
=678.55644/5823.513
=11.65 %

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))
=10651.714 - 1998.792 - ( 3557.122 - max(0, 2991.022 - 5731.37+3557.122))
=5912.574

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))
=10401.817 - 1704.188 - ( 3897.635 - max(0, 2620.638 - 5583.815+3897.635))
=5734.452

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 11.65% mean?
Syntec Construction PCL (BKK:SYNTEC) has a ROC % of 11.65% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Syntec Construction PCL and its competitors.
Is Syntec Construction PCL's ROC % too high?
Syntec Construction PCL's current ROC % is 11.65%. The Construction industry median ROC % is 4.66. Syntec Construction PCL's value of 11.65% is 150% above this industry median. Overall, Syntec Construction PCL has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Syntec Construction PCL's ROC % compare to PWR and FIX?
Syntec Construction PCL's ROC % of 11.65% can be compared against companies in the Construction industry. The industry median ROC % is 4.66. Syntec Construction PCL's value of 11.65% is 150% 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 Construction company?
The median ROC % among Construction companies is 4.66, based on 1,750 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. Syntec Construction PCL's current ROC % of 11.65% is 150% 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 Syntec Construction PCL and its competitors. For the Construction industry, the median ROC % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Syntec Construction PCL's current ROC % is 11.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syntec Construction PCL stock overvalued right now?
Based on GuruFocus' analysis, Syntec Construction PCL (BKK:SYNTEC) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.78, compared to a current price of ฿1.64 — trading 7.9% below its estimated fair value. The current ROC % is 11.65% and 150% above the Construction industry median of 4.66. Syntec Construction PCL's overall GF Score™ is 74/100 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 Syntec Construction PCL (BKK:SYNTEC), the current ROC % is 11.65% 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 Syntec Construction PCL (BKK:SYNTEC) Overvalued in 2026?

Based on GuruFocus' analysis, Syntec Construction PCL stock appears to be undervalued. The current stock price of ฿1.64 is trading 7.9% below its estimated GF Value™ of ฿1.78. GuruFocus considers Syntec Construction PCL to be Fairly Valued.

Key valuation signals for BKK:SYNTEC:

  • ROC %: 11.65%
  • GF Value™: ฿1.78 vs. price of ฿1.64 (7.9% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 150% above the Construction median

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


Syntec Construction PCL Business Description

Address Sukhumvit Road, 555/7-11 Sukhumvit Soi 63 (Ekamai, Klongton Nua, Wattana, Bangkok, THA, 10110
Syntec Construction PCL is engaged in the construction and real estate development for room service or service apartments and the energy business. The company's segments include Construction business, Real estate development for room service or service apartment and rental business, Operate the management business for hotel, service apartment and other properties, and Provide consulting services, procurement, work installation, sanitary system, electricity system and plumbing system. It derives the majority of its revenue from the construction business in Thailand.
74GF Score

Get the complete analysis for BKK:SYNTEC

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

฿1.64
Price
฿1.78
GF Value