Fine Metal Technologies PCL (BKK:FMT) ROCE %: 18.02% (As of Mar. 2026)


BKK:FMT Fine Metal Technologies PCL BKK:FMT
55 GF Score
Price ฿19.20
GF Value ฿27.78
Valuation Possible Value Trap
! 7 Warning Signs
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What is Fine Metal Technologies PCL ROCE %?

Fine Metal Technologies PCL BKK:FMT -2.04% 55 ROCE % is 18.02% as of Mar. 2026. GuruFocus rates BKK:FMT with a GF Score™ of 55/100 and a GF Value™ of ฿27.78 (Possible Value Trap). The stock has 7 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. Fine Metal Technologies PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 18.02%.

Fine Metal Technologies PCL  (BKK:FMT) 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.

Fine Metal Technologies PCL ROCE % Related Terms

Fine Metal Technologies PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Fine Metal Technologies 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.

Fine Metal Technologies PCL ROCE % Chart

Fine Metal Technologies 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 16.17 8.15 8.95 1.60 -3.08

Fine Metal Technologies 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 7.30 -1.02 -11.08 -8.11 18.02
BKK:FMT
55GF Score
Fine Metal Technologies PCL BKK:FMT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fine Metal Technologies PCL ROCE % Calculation

Fine Metal Technologies 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 )
=-47.912/( ( (3073.795 - 1453.463) + (3015.404 - 1525.839) )/ 2 )
=-47.912/( (1620.332+1489.565)/ 2 )
=-47.912/1554.9485
=-3.08 %

Fine Metal Technologies 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 )
=272.38/( ( (3015.404 - 1525.839) + (3559.398 - 2025.597) )/ 2 )
=272.38/( ( 1489.565 + 1533.801 )/ 2 )
=272.38/1511.683
=18.02 %

(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 18.02% mean?
Fine Metal Technologies PCL (BKK:FMT) has a ROCE % of 18.02% as of Mar. 2026.
Is Fine Metal Technologies PCL's ROCE % too high?
Fine Metal Technologies PCL's current ROCE % is 18.02%. The Industrial Products industry median ROCE % is 7.09. Fine Metal Technologies PCL's value of 18.02% is 154.2% above this industry median. Overall, Fine Metal Technologies PCL has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fine Metal Technologies PCL's ROCE % compare to ATI and CRS?
Fine Metal Technologies PCL's ROCE % of 18.02% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. Fine Metal Technologies PCL's value of 18.02% is 154.2% 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 7.09, 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. Fine Metal Technologies PCL's current ROCE % of 18.02% is 154.2% 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 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fine Metal Technologies PCL's current ROCE % is 18.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Metal Technologies PCL stock overvalued right now?
Based on GuruFocus' analysis, Fine Metal Technologies PCL (BKK:FMT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿27.78, compared to a current price of ฿19.20 — trading 30.9% below its estimated fair value. The current ROCE % is 18.02% and 154.2% above the Industrial Products industry median of 7.09. Fine Metal Technologies PCL's overall GF Score™ is 55/100 with 7 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 Fine Metal Technologies PCL (BKK:FMT), the current ROCE % is 18.02% 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 Fine Metal Technologies PCL (BKK:FMT) Overvalued in 2026?

Based on GuruFocus' analysis, Fine Metal Technologies PCL stock appears to be undervalued. The current stock price of ฿19.20 is trading 30.9% below its estimated GF Value™ of ฿27.78. GuruFocus considers Fine Metal Technologies PCL to be Possible Value Trap.

Key valuation signals for BKK:FMT:

  • ROCE %: 18.02%
  • GF Value™: ฿27.78 vs. price of ฿19.20 (30.9% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 154.2% above the Industrial Products median

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

Fine Metal Technologies PCL Business Description

Address Rajdamri Road, 183 Regent House Building, 14th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330
Fine Metal Technologies PCL is engaged in the manufacturing and distribution of a seamless copper tube, which is an important component for air-conditioners and refrigerator equipment. Its products include Smooth Tube, Multi Groove Tube, Accumulator Tube, and Capillary Tube. Geographically, the company operates in Thailand, Malaysia, Japan, and Other countries.
55GF Score

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

฿19.20
Price
฿27.78
GF Value