Alpha Divisions PCL (BKK:ALPHAX) ROCE %: -1.21% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ALPHAX Alpha Divisions PCL BKK:ALPHAX
26 GF Score
Price ฿0.25
GF Value ฿0.60
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Alpha Divisions PCL ROCE %?

Alpha Divisions PCL BKK:ALPHAX +4.17% 26 ROCE % is -1.21% as of Mar. 2026. GuruFocus rates BKK:ALPHAX with a GF Score™ of 26/100 and a GF Value™ of ฿0.60 (Possible Value Trap). The stock has 2 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. Alpha Divisions PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was -1.21%.

Alpha Divisions PCL  (BKK:ALPHAX) 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.

Alpha Divisions PCL ROCE % Related Terms

Alpha Divisions PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Alpha Divisions 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.

Alpha Divisions PCL ROCE % Chart

Alpha Divisions 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 5.97 4.63 -2.46 6.71 6.31

Alpha Divisions 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 2.04 8.13 8.76 6.34 -1.21
BKK:ALPHAX
26GF Score
Alpha Divisions PCL BKK:ALPHAX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha Divisions PCL ROCE % Calculation

Alpha Divisions 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 )
=372.47/( ( (6126.849 - 175.117) + (6019.476 - 173.866) )/ 2 )
=372.47/( (5951.732+5845.61)/ 2 )
=372.47/5898.671
=6.31 %

Alpha Divisions 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 )
=-71.844/( ( (6019.476 - 173.866) + (6208.722 - 181.948) )/ 2 )
=-71.844/( ( 5845.61 + 6026.774 )/ 2 )
=-71.844/5936.192
=-1.21 %

(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 -1.21% mean?
Alpha Divisions PCL (BKK:ALPHAX) has a ROCE % of -1.21% as of Mar. 2026.
Is Alpha Divisions PCL's ROCE % too high?
Alpha Divisions PCL's current ROCE % is -1.21%. Overall, Alpha Divisions PCL has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alpha Divisions PCL's ROCE % compare to competitors?
Alpha Divisions PCL's ROCE % of -1.21% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.69. 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.69, based on 1,755 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 Real Estate industry, the median ROCE % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Divisions PCL's current ROCE % is -1.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Divisions PCL stock overvalued right now?
Based on GuruFocus' analysis, Alpha Divisions PCL (BKK:ALPHAX) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.60, compared to a current price of ฿0.25 — trading 58.3% below its estimated fair value. The current ROCE % is -1.21%. Alpha Divisions PCL's overall GF Score™ is 26/100 with 2 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 Alpha Divisions PCL (BKK:ALPHAX), the current ROCE % is -1.21% 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 Alpha Divisions PCL (BKK:ALPHAX) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Divisions PCL stock appears to be undervalued. The current stock price of ฿0.25 is trading 58.3% below its estimated GF Value™ of ฿0.60. GuruFocus considers Alpha Divisions PCL to be Possible Value Trap.

Key valuation signals for BKK:ALPHAX:

  • ROCE %: -1.21%
  • GF Value™: ฿0.60 vs. price of ฿0.25 (58.3% below fair value)
  • GF Score™: 26/100 with 2 warning signs

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

Alpha Divisions PCL Business Description

Address Ratchadamri Road, Room No. D, 24th Floor, 127 Gaysorn Tower Building, Lumphini Subdistrict, Pathumwan District, Bangkok, THA, 10330
Alpha Divisions PCL and its subsidiary (the Group) is engaged in 2 principal businesses as follows:- Energy business is a producer, distributor, agent for selling electricity from solar energy, wind, water, or others, and other business includes motorcycles, cars, gold, agricultural equipment hire purchase business, and microfinance business in the Lao People's Democratic Republic (Lao PDR). The majority of its revenue is generated from the Energy business. The Group operates the business carried out in the geographic area in domestic and foreign markets.
26GF Score

Get the complete analysis for BKK:ALPHAX

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

฿0.25
Price
฿0.60
GF Value