G J Steel PCL (BKK:GJS) ROCE %: -2.90% (As of Mar. 2026)


BKK:GJS G J Steel PCL BKK:GJS
27 GF Score
Price ฿0.13
GF Value ฿0.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is G J Steel PCL ROCE %?

G J Steel PCL BKK:GJS -7.14% 27 ROCE % is -2.90% as of Mar. 2026. GuruFocus rates BKK:GJS with a GF Score™ of 27/100 and a GF Value™ of ฿0.16 (Modestly Undervalued). The stock has 5 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. G J Steel PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was -2.90%.

G J Steel PCL  (BKK:GJS) 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.

G J Steel PCL ROCE % Related Terms

G J Steel PCL ROCE % Historical Data

* Premium members only.

The historical data trend for G J Steel 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.

G J Steel PCL ROCE % Chart

G J Steel 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 22.51 -21.53 -3.89 -8.58 -9.47

G J Steel 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 -10.46 -11.37 -9.16 -6.90 -2.90
BKK:GJS
27GF Score
G J Steel PCL BKK:GJS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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G J Steel PCL ROCE % Calculation

G J Steel 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 )
=-1027.891/( ( (11833.953 - 474.887) + (12133.314 - 1784.916) )/ 2 )
=-1027.891/( (11359.066+10348.398)/ 2 )
=-1027.891/10853.732
=-9.47 %

G J Steel 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 )
=-299.264/( ( (12133.314 - 1784.916) + (12183.64 - 1907.856) )/ 2 )
=-299.264/( ( 10348.398 + 10275.784 )/ 2 )
=-299.264/10312.091
=-2.90 %

(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 -2.90% mean?
G J Steel PCL (BKK:GJS) has a ROCE % of -2.90% as of Mar. 2026.
Is G J Steel PCL's ROCE % too high?
G J Steel PCL's current ROCE % is -2.90%. Overall, G J Steel PCL has a GF Score™ of 27/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does G J Steel PCL's ROCE % compare to NUE and STLD?
G J Steel PCL's ROCE % of -2.90% can be compared against companies in the Steel industry. The industry median ROCE % is 5.61. 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 Steel company?
The median ROCE % among Steel companies is 5.61, based on 625 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 Steel industry, the median ROCE % is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G J Steel PCL's current ROCE % is -2.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G J Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, G J Steel PCL (BKK:GJS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.16, compared to a current price of ฿0.13 — trading 18.8% below its estimated fair value. The current ROCE % is -2.90%. G J Steel PCL's overall GF Score™ is 27/100 with 5 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 G J Steel PCL (BKK:GJS), the current ROCE % is -2.90% 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 G J Steel PCL (BKK:GJS) Overvalued in 2026?

Based on GuruFocus' analysis, G J Steel PCL stock appears to be undervalued. The current stock price of ฿0.13 is trading 18.8% below its estimated GF Value™ of ฿0.16. GuruFocus considers G J Steel PCL to be Modestly Undervalued.

Key valuation signals for BKK:GJS:

  • ROCE %: -2.90%
  • GF Value™: ฿0.16 vs. price of ฿0.13 (18.8% below fair value)
  • GF Score™: 27/100 with 5 warning signs

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

G J Steel PCL Business Description

Address Silom Road, Suriyawong, 88 Paso Tower, 24th Floor, Bangrak, Bangkok, THA, 10500
G J Steel PCL is engaged in the manufacturing and distribution of hot rolled coil steel products. Its main products are hot-rolled coils (HRC) and tempered hot-rolled coils. The company distributes its products which are further used as a raw material to produce various products like, automotive parts, gas cylinder, pressure vessel, home appliance, and pipes. The company operates in a single segment, which is manufacturing of hot rolled coil steel products. Geographically, it operates and generates revenue only from Thailand.
27GF Score

Get the complete analysis for BKK:GJS

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

฿0.13
Price
฿0.16
GF Value