Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) ROC %: 5.36% (As of Mar. 2026)


BKK:TPRIME Thailand Prime Property Freehold And Leasehold REIT BKK:TPRIME
79 GF Score
Price ฿7.75
GF Value ฿7.11
Valuation Fairly Valued
! 10 Warning Signs
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What is Thailand Prime Property Freehold And Leasehold REIT ROC %?

Thailand Prime Property Freehold And Leasehold REIT BKK:TPRIME 79 ROC % is 5.36% as of Mar. 2026. GuruFocus rates BKK:TPRIME with a GF Score™ of 79/100 and a GF Value™ of ฿7.11 (Fairly Valued). The stock has 10 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 %. Thailand Prime Property Freehold And Leasehold REIT's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 5.36%.

As of today (2026-07-03), Thailand Prime Property Freehold And Leasehold REIT's WACC % is 6.05%. Thailand Prime Property Freehold And Leasehold REIT's ROC % is 5.06% (calculated using TTM income statement data). Thailand Prime Property Freehold And Leasehold REIT earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Thailand Prime Property Freehold And Leasehold REIT  (BKK:TPRIME) 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, Thailand Prime Property Freehold And Leasehold REIT's WACC % is 6.05%. Thailand Prime Property Freehold And Leasehold REIT's ROC % is 5.06% (calculated using TTM income statement data). Thailand Prime Property Freehold And Leasehold REIT 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.


Thailand Prime Property Freehold And Leasehold REIT ROC % Related Terms


Thailand Prime Property Freehold And Leasehold REIT ROC % Historical Data

* Premium members only.

The historical data trend for Thailand Prime Property Freehold And Leasehold REIT'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.

Thailand Prime Property Freehold And Leasehold REIT ROC % Chart

Thailand Prime Property Freehold And Leasehold REIT 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 4.74 4.55 4.90 2.56 4.27

Thailand Prime Property Freehold And Leasehold REIT 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 5.78 4.88 5.21 4.54 5.36
BKK:TPRIME
79GF Score
Thailand Prime Property Freehold And Leasehold REIT BKK:TPRIME
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thailand Prime Property Freehold And Leasehold REIT ROC % Calculation

Thailand Prime Property Freehold And Leasehold REIT'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 )
=510.533 * ( 1 - 21.08% )/( (8962.32 + 9912.096)/ 2 )
=402.9126436/9437.208
=4.27 %

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))
=9257.535 - 91.55 - ( 571.048 - max(0, 380.15 - 583.815+571.048))
=8962.32

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))
=9159.475 - 94.729 - ( 520.668 - max(0, 1382.443 - 535.093+520.668))
=9912.096

Thailand Prime Property Freehold And Leasehold REIT'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 )
=550.896 * ( 1 - 8.17% )/( (9912.096 + 8971.863)/ 2 )
=505.8877968/9441.9795
=5.36 %

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))
=9159.475 - 94.729 - ( 520.668 - max(0, 1382.443 - 535.093+520.668))
=9912.096

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))
=9217.109 - 79.257 - ( 507.103 - max(0, 356.623 - 522.612+507.103))
=8971.863

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 5.36% mean?
Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) has a ROC % of 5.36% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Thailand Prime Property Freehold And Leasehold REIT and its competitors.
Is Thailand Prime Property Freehold And Leasehold REIT's ROC % too high?
Thailand Prime Property Freehold And Leasehold REIT's current ROC % is 5.36%. The REITs industry median ROC % is 3.74. Thailand Prime Property Freehold And Leasehold REIT's value of 5.36% is 43.3% above this industry median. Overall, Thailand Prime Property Freehold And Leasehold REIT has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thailand Prime Property Freehold And Leasehold REIT's ROC % compare to BXP and ARE?
Thailand Prime Property Freehold And Leasehold REIT's ROC % of 5.36% can be compared against companies in the REITs industry. The industry median ROC % is 3.74. Thailand Prime Property Freehold And Leasehold REIT's value of 5.36% is 43.3% 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 REITs company?
The median ROC % among REITs companies is 3.74, based on 747 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. Thailand Prime Property Freehold And Leasehold REIT's current ROC % of 5.36% is 43.3% 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 Thailand Prime Property Freehold And Leasehold REIT and its competitors. For the REITs industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thailand Prime Property Freehold And Leasehold REIT's current ROC % is 5.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thailand Prime Property Freehold And Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) is currently considered Fairly Valued. The stock's GF Value™ is ฿7.11, compared to a current price of ฿7.75 — trading 9% above its estimated fair value. The current ROC % is 5.36% and 43.3% above the REITs industry median of 3.74. Thailand Prime Property Freehold And Leasehold REIT's overall GF Score™ is 79/100 with 10 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 Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME), the current ROC % is 5.36% 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 Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) Overvalued in 2026?

Based on GuruFocus' analysis, Thailand Prime Property Freehold And Leasehold REIT stock appears to be overvalued. The current stock price of ฿7.75 is trading 9% above its estimated GF Value™ of ฿7.11. GuruFocus considers Thailand Prime Property Freehold And Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:TPRIME:

  • ROC %: 5.36%
  • GF Value™: ฿7.11 vs. price of ฿7.75 (9% above fair value)
  • GF Score™: 79/100 with 10 warning signs
  • Industry Position: 43.3% above the REITs median

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


Thailand Prime Property Freehold And Leasehold REIT Business Description

Industry Real EstateREITs
Address Unit 3903, Sukhumvit Road, 388 Exchange Tower, 39th Floor, Khlong Toei District, Bangkok, THA, 10110
Thailand Prime Property Freehold And Leasehold REIT operates as a closed-end real estate investment company. The trust's objectives are to mobilize funds raised from investors and loans from financial institutions to invest in leasehold rights to land and Mercury Tower and invest in the shares of Exchange Tower.
79GF Score

Get the complete analysis for BKK:TPRIME

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

฿7.75
Price
฿7.11
GF Value