Bangkok Sheet Metal PCL (BKK:BM) ROCE %: 10.86% (As of Mar. 2026)

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BKK:BM Bangkok Sheet Metal PCL BKK:BM
58 GF Score
Price ฿1.17
GF Value ฿2.79
Valuation Possible Value Trap
! 11 Warning Signs
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What is Bangkok Sheet Metal PCL ROCE %?

Bangkok Sheet Metal PCL BKK:BM -0.85% 58 ROCE % is 10.86% as of Mar. 2026. GuruFocus rates BKK:BM with a GF Score™ of 58/100 and a GF Value™ of ฿2.79 (Possible Value Trap). The stock has 11 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. Bangkok Sheet Metal PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.86%.

Bangkok Sheet Metal PCL  (BKK:BM) 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.

Bangkok Sheet Metal PCL ROCE % Related Terms

Bangkok Sheet Metal PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Bangkok Sheet Metal 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.

Bangkok Sheet Metal PCL ROCE % Chart

Bangkok Sheet Metal 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 9.21 7.21 5.02 8.35 9.00

Bangkok Sheet Metal 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 21.23 8.86 3.56 1.82 10.86
BKK:BM
58GF Score
Bangkok Sheet Metal PCL BKK:BM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Sheet Metal PCL ROCE % Calculation

Bangkok Sheet Metal 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 )
=99.525/( ( (1582.903 - 453.679) + (1581.439 - 498.917) )/ 2 )
=99.525/( (1129.224+1082.522)/ 2 )
=99.525/1105.873
=9.00 %

Bangkok Sheet Metal 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 )
=118.14/( ( (1581.439 - 498.917) + (1698.699 - 606.375) )/ 2 )
=118.14/( ( 1082.522 + 1092.324 )/ 2 )
=118.14/1087.423
=10.86 %

(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 10.86% mean?
Bangkok Sheet Metal PCL (BKK:BM) has a ROCE % of 10.86% as of Mar. 2026.
Is Bangkok Sheet Metal PCL's ROCE % too high?
Bangkok Sheet Metal PCL's current ROCE % is 10.86%. The Industrial Products industry median ROCE % is 7.03. Bangkok Sheet Metal PCL's value of 10.86% is 54.5% above this industry median. Overall, Bangkok Sheet Metal PCL has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bangkok Sheet Metal PCL's ROCE % compare to CRS and ATI?
Bangkok Sheet Metal PCL's ROCE % of 10.86% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.03. Bangkok Sheet Metal PCL's value of 10.86% is 54.5% 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 ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.03, based on 3,027 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. Bangkok Sheet Metal PCL's current ROCE % of 10.86% is 54.5% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Sheet Metal PCL's current ROCE % is 10.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Sheet Metal PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Sheet Metal PCL (BKK:BM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.79, compared to a current price of ฿1.17 — trading 58.1% below its estimated fair value. The current ROCE % is 10.86% and 54.5% above the Industrial Products industry median of 7.03. Bangkok Sheet Metal PCL's overall GF Score™ is 58/100 with 11 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 Bangkok Sheet Metal PCL (BKK:BM), the current ROCE % is 10.86% 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 Bangkok Sheet Metal PCL (BKK:BM) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Sheet Metal PCL stock appears to be undervalued. The current stock price of ฿1.17 is trading 58.1% below its estimated GF Value™ of ฿2.79. GuruFocus considers Bangkok Sheet Metal PCL to be Possible Value Trap.

Key valuation signals for BKK:BM:

  • ROCE %: 10.86%
  • GF Value™: ฿2.79 vs. price of ฿1.17 (58.1% below fair value)
  • GF Score™: 58/100 with 11 warning signs
  • Industry Position: 54.5% above the Industrial Products median

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

Bangkok Sheet Metal PCL Business Description

Address 149 Moo 6, Suksawad Road, Tambol Bangjak, Amphur Phrapradang, Samutprakarn, Bangjak, THA, 10130
Bangkok Sheet Metal PCL is a Thailand-based company engaged in manufacturing and distributing processed metal products. The company's main products are classified into the categories of Metal trunking and white conduits, Communication racks, cabinets and enclosures, Electrical switchboards and lighting fixtures, Fabrication, and metalworking, Mold and die-making machine tools and equipment, Sheet metal parts, press parts, machine parts, and assembly parts. Its products are mainly used in office buildings, condominiums, superstores, factories, and Bangkok mass transit stations. The company generates the majority of its revenue from the Domestic market.
58GF Score

Get the complete analysis for BKK:BM

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

฿1.17
Price
฿2.79
GF Value