AJ Advance Technology PCL (BKK:AJA) ROCE %: -16.61% (As of Mar. 2026)


BKK:AJA AJ Advance Technology PCL BKK:AJA
27 GF Score
Price ฿0.13
GF Value ฿0.10
Valuation Modestly Overvalued
! 4 Warning Signs
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What is AJ Advance Technology PCL ROCE %?

AJ Advance Technology PCL BKK:AJA +8.33% 27 ROCE % is -16.61% as of Mar. 2026. GuruFocus rates BKK:AJA with a GF Score™ of 27/100 and a GF Value™ of ฿0.10 (Modestly Overvalued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. AJ Advance Technology PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was -16.61%.

AJ Advance Technology PCL  (BKK:AJA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

AJ Advance Technology PCL ROCE % Related Terms

AJ Advance Technology PCL ROCE % Historical Data

* Premium members only.

The historical data trend for AJ Advance Technology PCL's ROCE % 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.

AJ Advance Technology PCL ROCE % Chart

AJ Advance Technology PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.03 -15.47 -3.17 -12.17 -23.50

AJ Advance Technology PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 -20.16 -13.71 -14.87 -47.05 -16.61
BKK:AJA
27GF Score
AJ Advance Technology PCL BKK:AJA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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AJ Advance Technology PCL ROCE % Calculation

AJ Advance Technology PCL's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-157.496/( ( (778.832 - 40.164) + (634.267 - 32.824) )/ 2 )
=-157.496/( (738.668+601.443)/ 2 )
=-157.496/670.0555
=-23.50 %

AJ Advance Technology PCL's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-97.704/( ( (634.267 - 32.824) + (607.47 - 32.729) )/ 2 )
=-97.704/( ( 601.443 + 574.741 )/ 2 )
=-97.704/588.092
=-16.61 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -16.61% mean?
AJ Advance Technology PCL (BKK:AJA) has a ROCE % of -16.61% as of Mar. 2026.
Is AJ Advance Technology PCL's ROCE % too high?
AJ Advance Technology PCL's current ROCE % is -16.61%. Overall, AJ Advance Technology PCL has a GF Score™ of 27/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AJ Advance Technology PCL's ROCE % compare to SNX and ARW?
AJ Advance Technology PCL's ROCE % of -16.61% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.84. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Hardware company?
The median ROCE % among Hardware companies is 5.84, based on 2,448 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median ROCE % is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJ Advance Technology PCL's current ROCE % is -16.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Advance Technology PCL stock overvalued right now?
Based on GuruFocus' analysis, AJ Advance Technology PCL (BKK:AJA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.10, compared to a current price of ฿0.13 — trading 30% above its estimated fair value. The current ROCE % is -16.61%. AJ Advance Technology PCL's overall GF Score™ is 27/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For AJ Advance Technology PCL (BKK:AJA), the current ROCE % is -16.61% 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 AJ Advance Technology PCL (BKK:AJA) Overvalued in 2026?

Based on GuruFocus' analysis, AJ Advance Technology PCL stock appears to be overvalued. The current stock price of ฿0.13 is trading 30% above its estimated GF Value™ of ฿0.10. GuruFocus considers AJ Advance Technology PCL to be Modestly Overvalued.

Key valuation signals for BKK:AJA:

  • ROCE %: -16.61%
  • GF Value™: ฿0.10 vs. price of ฿0.13 (30% above fair value)
  • GF Score™: 27/100 with 4 warning signs

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

AJ Advance Technology PCL Business Description

Address No. 427/2 Rama 2 Road, Kwaeng Samaedum, Khet Bangkhunthien, Bangkok, THA, 10150
AJ Advance Technology PCL is engaged in wholesaling and retailing of electric vehicle, provides service to member relating access of website of such company for purchase and sales of goods, logistic business and export business, distribution of sport shoes and invest in digital assets, mining, trading digital assets including investment or providing other services about cryptocurrency and digital token transactions. Its segments include Retailing and wholesaling of electric appliances, including parts; Retailing of shoe; Sale of electric motorcycle; Mining digital assets; Sale chemical organic fertilizer; and Others. It derives majority of the revenue from Retailing of shoe segment. The group is managed and operates principally in Thailand.
27GF Score

Get the complete analysis for BKK:AJA

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

฿0.13
Price
฿0.10
GF Value