TTCL PCL (BKK:TTCL) ROC %: -0.43% (As of Mar. 2026)

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What is TTCL PCL ROC %?

TTCL PCL BKK:TTCL ROC % is -0.43% as of Mar. 2026. 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 %. TTCL PCL's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -0.43%.

As of today (2026-07-17), TTCL PCL's WACC % is 6.82%. TTCL PCL's ROC % is -57.20% (calculated using TTM income statement data). TTCL PCL earns returns that do not match up to its cost of capital. It will destroy value as it grows.

TTCL PCL  (BKK:TTCL) 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, TTCL PCL's WACC % is 6.82%. TTCL PCL's ROC % is -57.20% (calculated using TTM income statement data). TTCL 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.

TTCL PCL ROC % Related Terms

TTCL PCL ROC % Historical Data

* Premium members only.

The historical data trend for TTCL 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.

TTCL PCL ROC % Chart

TTCL 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 -2.35 4.84 2.45 -5.84 -60.28

TTCL 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 -9.51 -85.98 -101.47 -43.13 -0.43

TTCL PCL ROC % Calculation

TTCL 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 )
=-5332.813 * ( 1 - 0% )/( (8409.883 + 9283.784)/ 2 )
=-5332.813/8846.8335
=-60.28 %

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))
=19080.027 - 10671.197 - ( 2708.3 - max(0, 14112.498 - 14111.445+2708.3))
=8409.883

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))
=11480.959 - 9725.906 - ( 2120.525 - max(0, 14759.67 - 7230.939+2120.525))
=9283.784

TTCL 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 )
=-39.516 * ( 1 - 0% )/( (9283.784 + 9147.641)/ 2 )
=-39.516/9215.7125
=-0.43 %

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))
=11480.959 - 9725.906 - ( 2120.525 - max(0, 14759.67 - 7230.939+2120.525))
=9283.784

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))
=11355.424 - 9886.9 - ( 2311.769 - max(0, 14669.85 - 6990.733+2311.769))
=9147.641

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 -0.43% mean?
TTCL PCL (BKK:TTCL) has a ROC % of -0.43% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on TTCL PCL and its competitors.
Is TTCL PCL's ROC % too high?
TTCL PCL's current ROC % is -0.43%.
How does TTCL PCL's ROC % compare to PWR and FIX?
TTCL PCL's ROC % of -0.43% can be compared against companies in the Construction industry. The industry median ROC % is 4.67. 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 4.67, based on 1,758 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. 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 TTCL PCL and its competitors. For the Construction industry, the median ROC % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TTCL PCL's current ROC % is -0.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTCL PCL stock overvalued right now?
Based on GuruFocus' analysis, TTCL PCL (BKK:TTCL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.75, compared to a current price of ฿0.08 — trading 89.3% below its estimated fair value. The current ROC % is -0.43%. 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 TTCL PCL (BKK:TTCL), the current ROC % is -0.43% 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.

TTCL PCL Business Description

Address Soi Sukhumvit 21, Asoke Road, 159 Sermmit Tower, 27th-30th Floor, Klong-Toeynua, Wattana, Bangkok, THA, 10110
TTCL PCL is an integrated Engineering, Procurement, and Construction company in Thailand. The principal business operations of the Group are engineering services, including design, procurement, and construction for integrated industrial factories, energy business, manufacturing and distribution of white pallets, and Torrefaction Technology License Provider. The company has two operating business segments: Engineering and Construction. Geographically, the company operates in Thailand, Myanmar, Japan, and Vietnam.