Ichitan Group PCL (BKK:ICHI-R) ROCE %: 22.82% (As of Mar. 2026)

What is Ichitan Group PCL ROCE %?

Ichitan Group PCL BKK:ICHI-R 94 ROCE % is 22.82% as of Mar. 2026. GuruFocus rates BKK:ICHI-R with a GF Score™ of 94/100 and a GF Value™ of ฿11.86. 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. Ichitan Group PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.82%.

Ichitan Group PCL (BKK:ICHI-R) 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.

Ichitan Group PCL ROCE % Related Terms

Ichitan Group PCL ROCE % Historical Data

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The historical data trend for Ichitan Group 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.

Ichitan Group PCL ROCE % Chart

Ichitan Group PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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10.02

13.08

22.54

29.13

25.94

Ichitan Group 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															20.65	34.35	30.48	18.54	22.82

94GF Score

Ichitan Group PCL BKK:ICHI-R

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

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Ichitan Group PCL ROCE % Calculation

Ichitan Group 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 )
	=	1502.243	/	( ( (7081.394 - 1282.647)	+	(6790.534 - 1006.346) )	/ 2 )
	=	1502.243	/	( (5798.747	+	5784.188)	/ 2 )
	=	1502.243	/	5791.4675
	=	25.94 %

Ichitan Group 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 )
	=	1351.672	/	( ( (6790.534 - 1006.346)	+	(7197.373 - 1135.895) )	/ 2 )
	=	1351.672	/	( ( 5784.188	+	6061.478 )	/ 2 )
	=	1351.672	/	5922.833
	=	22.82 %

(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 22.82% mean?

Ichitan Group PCL (BKK:ICHI-R) has a ROCE % of 22.82% as of Mar. 2026.

Is Ichitan Group PCL's ROCE % too high?

Ichitan Group PCL's current ROCE % is 22.82%. The Beverages - Non-Alcoholic industry median ROCE % is 12.40. Ichitan Group PCL's value of 22.82% is 84.1% above this industry median. Overall, Ichitan Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.

How does Ichitan Group PCL's ROCE % compare to KO and PEP?

Ichitan Group PCL's ROCE % of 22.82% can be compared against companies in the Beverages - Non-Alcoholic industry. The industry median ROCE % is 12.40. Ichitan Group PCL's value of 22.82% is 84.1% 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 a Beverages - Non-Alcoholic company?

The median ROCE % among Beverages - Non-Alcoholic companies is 12.40, based on 114 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. Ichitan Group PCL's current ROCE % of 22.82% is 84.1% 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 Beverages - Non-Alcoholic industry, the median ROCE % is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichitan Group PCL's current ROCE % is 22.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ichitan Group PCL stock overvalued right now?

Ichitan Group PCL (BKK:ICHI-R) has a current ROCE % of 22.82%. The stock's GF Value™ is ฿11.86, compared to a current price of ฿10.60 — trading 10.6% below its estimated fair value. The current ROCE % is 22.82% and 84.1% above the Beverages - Non-Alcoholic industry median of 12.40. Ichitan Group PCL's overall GF Score™ is 94/100 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 Ichitan Group PCL (BKK:ICHI-R), the current ROCE % is 22.82% 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued. The current stock price of ฿10.60 is trading 10.6% below its estimated GF Value™ of ฿11.86.

Key valuation signals for BKK:ICHI-R:

ROCE %: 22.82%
GF Value™: ฿11.86 vs. price of ฿10.60 (10.6% below fair value)
GF Score™: 94/100 with 2 warning signs
Industry Position: 84.1% above the Beverages - Non-Alcoholic median

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

Ichitan Group PCL Business Description

Industry Consumer Defensive Beverages - Non-Alcoholic

Comparable Companies BKK:SAPPE BKK:HTC BKK:TACC BKK:TIPCO BKK:PLUS BKK:CBG BKK:OSP KO PEP MNST HKSE:09633 KDP LSE:CCEP COCSF MEX:AC LSE:CCH NSE:VBL SHSE:605499 HKSE:02097 COKE

Other Exchanges ICHI:Thailand

Address Sukhumvit 40 Alley, No. 8 T-One Building, 42nd - 44th Floor, Phra Khanong Sub-District, Khlong Toei District, Bangkok, THA, 10110

Website https://www.ichitangroup.com

Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.

94GF Score

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

฿10.60

Price

฿11.86

GF Value

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