Thai Eastern Group Holdings PCL (BKK:TEGH) ROC %: 5.02% (As of Mar. 2026)

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BKK:TEGH Thai Eastern Group Holdings PCL BKK:TEGH
68 GF Score
Price ฿3.06
GF Value ฿3.77
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Thai Eastern Group Holdings PCL ROC %?

Thai Eastern Group Holdings PCL BKK:TEGH +0.66% 68 ROC % is 5.02% as of Mar. 2026. GuruFocus rates BKK:TEGH with a GF Score™ of 68/100 and a GF Value™ of ฿3.77 (Modestly Undervalued). The stock has 6 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 %. Thai Eastern Group Holdings PCL's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 5.02%.

As of today (2026-08-18), Thai Eastern Group Holdings PCL's WACC % is 5.02%. Thai Eastern Group Holdings PCL's ROC % is 5.17% (calculated using TTM income statement data). Thai Eastern Group Holdings 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.


Thai Eastern Group Holdings PCL  (BKK:TEGH) 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, Thai Eastern Group Holdings PCL's WACC % is 5.02%. Thai Eastern Group Holdings PCL's ROC % is 5.17% (calculated using TTM income statement data). Thai Eastern Group Holdings 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.


Thai Eastern Group Holdings PCL ROC % Related Terms


Thai Eastern Group Holdings PCL ROC % Historical Data

* Premium members only.

The historical data trend for Thai Eastern Group Holdings 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.

Thai Eastern Group Holdings PCL ROC % Chart

Thai Eastern Group Holdings PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial 11.56 12.69 4.60 8.73 6.41

Thai Eastern Group Holdings 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 9.92 8.65 1.38 4.98 5.02
BKK:TEGH
68GF Score
Thai Eastern Group Holdings PCL BKK:TEGH
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Eastern Group Holdings PCL ROC % Calculation

Thai Eastern Group Holdings 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 )
=561.555 * ( 1 - 3.59% )/( (9178.283 + 7712.117)/ 2 )
=541.3951755/8445.2
=6.41 %

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))
=9611.782 - 320.52 - ( 112.979 - max(0, 5229.599 - 6122.608+112.979))
=9178.283

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))
=8099.743 - 285.934 - ( 101.692 - max(0, 3204.132 - 4594.842+101.692))
=7712.117

Thai Eastern Group Holdings 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 )
=440.628 * ( 1 - 12.52% )/( (7712.117 + 7639.722)/ 2 )
=385.4613744/7675.9195
=5.02 %

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))
=8099.743 - 285.934 - ( 101.692 - max(0, 3204.132 - 4594.842+101.692))
=7712.117

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))
=8091.164 - 285.993 - ( 165.449 - max(0, 3293.919 - 4564.853+165.449))
=7639.722

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 5.02% mean?
Thai Eastern Group Holdings PCL (BKK:TEGH) has a ROC % of 5.02% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Thai Eastern Group Holdings PCL and its competitors.
Is Thai Eastern Group Holdings PCL's ROC % too high?
Thai Eastern Group Holdings PCL's current ROC % is 5.02%. The Chemicals industry median ROC % is 4.60. Thai Eastern Group Holdings PCL's value of 5.02% is 9.2% above this industry median. Overall, Thai Eastern Group Holdings PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Eastern Group Holdings PCL's ROC % compare to LIN and SHW?
Thai Eastern Group Holdings PCL's ROC % of 5.02% can be compared against companies in the Chemicals industry. The industry median ROC % is 4.60. Thai Eastern Group Holdings PCL's value of 5.02% is 9.2% 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 Chemicals company?
The median ROC % among Chemicals companies is 4.60, based on 1,584 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. Thai Eastern Group Holdings PCL's current ROC % of 5.02% is 9.2% 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 Thai Eastern Group Holdings PCL and its competitors. For the Chemicals industry, the median ROC % is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Eastern Group Holdings PCL's current ROC % is 5.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Eastern Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Eastern Group Holdings PCL (BKK:TEGH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.77, compared to a current price of ฿3.06 — trading 18.8% below its estimated fair value. The current ROC % is 5.02% and 9.2% above the Chemicals industry median of 4.60. Thai Eastern Group Holdings PCL's overall GF Score™ is 68/100 with 6 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 Thai Eastern Group Holdings PCL (BKK:TEGH), the current ROC % is 5.02% 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 Thai Eastern Group Holdings PCL (BKK:TEGH) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Eastern Group Holdings PCL stock appears to be undervalued. The current stock price of ฿3.06 is trading 18.8% below its estimated GF Value™ of ฿3.77. GuruFocus considers Thai Eastern Group Holdings PCL to be Modestly Undervalued.

Key valuation signals for BKK:TEGH:

  • ROC %: 5.02%
  • GF Value™: ฿3.77 vs. price of ฿3.06 (18.8% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 9.2% above the Chemicals median

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


Thai Eastern Group Holdings PCL Business Description

Address Chonburi-Klaeng Road, 171 Moo 2, Khao Sok Subdistrict, Nong Yai District, Chonburi, THA, 20190
Thai Eastern Group Holdings PCL is engaged in investment in equity securities and the provision of management services. The group has four reportable segments: Block Rubber and Concentrated Latex, Crude Palm Oil, Energy, and Other. The Block Rubber and Concentrated Latex segment is involved in the manufacture and distribution of block rubber products and concentrated latex. The Crude Palm Oil segment is engaged in the manufacture and distribution of crude palm oil and palm seed oil. The Energy segment focuses on the generation and distribution of electricity and biogas, including organic waste treatment services. The Other segment provides logistics and related services. It generates the majority of its revenue from the Block Rubber and Concentrated Latex segment.
68GF Score

Get the complete analysis for BKK:TEGH

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

฿3.06
Price
฿3.77
GF Value