Chiangmai Frozen Foods PCL (BKK:CM) ROCE %: -7.30% (As of Mar. 2026)

What is Chiangmai Frozen Foods PCL ROCE %?

Chiangmai Frozen Foods PCL BKK:CM 66 ROCE % is -7.30% as of Mar. 2026. GuruFocus rates BKK:CM with a GF Score™ of 66/100 and a GF Value™ of ฿1.61 (Fairly Valued). The stock has 3 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. Chiangmai Frozen Foods PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was -7.30%.

Chiangmai Frozen Foods PCL (BKK:CM) 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.

Chiangmai Frozen Foods PCL ROCE % Related Terms

Chiangmai Frozen Foods PCL ROCE % Historical Data

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The historical data trend for Chiangmai Frozen Foods 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.

Chiangmai Frozen Foods PCL ROCE % Chart

Chiangmai Frozen Foods PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-5.90

-2.75

6.44

6.61

1.84

Chiangmai Frozen Foods 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															3.41	2.64	5.31	-4.04	-7.30

66GF Score

Chiangmai Frozen Foods PCL BKK:CM

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Chiangmai Frozen Foods PCL ROCE % Calculation

Chiangmai Frozen Foods 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 )
	=	26.321	/	( ( (1500.749 - 63.658)	+	(1480.997 - 62.215) )	/ 2 )
	=	26.321	/	( (1437.091	+	1418.782)	/ 2 )
	=	26.321	/	1427.9365
	=	1.84 %

Chiangmai Frozen Foods 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 )
	=	-102.148	/	( ( (1480.997 - 62.215)	+	(1469.496 - 91.206) )	/ 2 )
	=	-102.148	/	( ( 1418.782	+	1378.29 )	/ 2 )
	=	-102.148	/	1398.536
	=	-7.30 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -7.30% mean?

Chiangmai Frozen Foods PCL (BKK:CM) has a ROCE % of -7.30% as of Mar. 2026.

Is Chiangmai Frozen Foods PCL's ROCE % too high?

Chiangmai Frozen Foods PCL's current ROCE % is -7.30%. Overall, Chiangmai Frozen Foods PCL has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Chiangmai Frozen Foods PCL's ROCE % compare to KHC and GIS?

Chiangmai Frozen Foods PCL's ROCE % of -7.30% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.78. 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 Consumer Packaged Goods company?

The median ROCE % among Consumer Packaged Goods companies is 8.78, based on 1,938 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 Consumer Packaged Goods industry, the median ROCE % is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chiangmai Frozen Foods PCL's current ROCE % is -7.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Chiangmai Frozen Foods PCL stock overvalued right now?

Based on GuruFocus' analysis, Chiangmai Frozen Foods PCL (BKK:CM) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.61, compared to a current price of ฿1.57 — trading 2.5% below its estimated fair value. The current ROCE % is -7.30%. Chiangmai Frozen Foods PCL's overall GF Score™ is 66/100 with 3 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 Chiangmai Frozen Foods PCL (BKK:CM), the current ROCE % is -7.30% 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 Chiangmai Frozen Foods PCL (BKK:CM) Overvalued in 2026?

Based on GuruFocus' analysis, Chiangmai Frozen Foods PCL stock appears to be undervalued. The current stock price of ฿1.57 is trading 2.5% below its estimated GF Value™ of ฿1.61. GuruFocus considers Chiangmai Frozen Foods PCL to be Fairly Valued.

Key valuation signals for BKK:CM:

ROCE %: -7.30%
GF Value™: ฿1.61 vs. price of ฿1.57 (2.5% below fair value)
GF Score™: 66/100 with 3 warning signs

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

Chiangmai Frozen Foods PCL Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies BKK:BIS BKK:SST BKK:CHOTI BKK:APO BKK:VPO BKK:DOD BKK:NRF BKK:MADAME BKK:JSP BKK:NV XSWX:NESN XPAR:BN BOG:NUTRESA TSE:2802 SHSE:603288 NSE:NESTLEIND KHC SHSE:600887 SZSE:300999 GIS

Address Surawongse road, 149/34, Floor 3rd-4th, Soi Anglo Plaza, Surawongse, Bangrak, Bangkok, THA, 10500

Website https://www.cmfrozen.com

Chiangmai Frozen Foods PCL is a Thailand-based company. It is engaged in the business of manufacturing and exporting frozen vegetables. Its product line consists of Soybeans, Green beans, Sweet corn, Baby corn, and Mixed vegetables. Geographically the company sells its products in Thailand and also exports it to other countries, of which key revenue is generated from the export sales.

66GF Score

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

฿1.57

Price

฿1.61

GF Value

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