Thai Ha PCL (BKK:KASET) ROCE %: -21.98% (As of Mar. 2026)


BKK:KASET Thai Ha PCL BKK:KASET
25 GF Score
Price ฿0.69
GF Value ฿0.61
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Thai Ha PCL ROCE %?

Thai Ha PCL BKK:KASET -1.43% 25 ROCE % is -21.98% as of Mar. 2026. GuruFocus rates BKK:KASET with a GF Score™ of 25/100 and a GF Value™ of ฿0.61 (Modestly Overvalued). The stock has 8 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. Thai Ha PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was -21.98%.

Thai Ha PCL  (BKK:KASET) 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.

Thai Ha PCL ROCE % Related Terms

Thai Ha PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Thai Ha 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.

Thai Ha PCL ROCE % Chart

Thai Ha 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 -24.05 -6.00 -17.31 -12.40 -16.28

Thai Ha 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 -14.83 -13.22 -13.40 -22.57 -21.98
BKK:KASET
25GF Score
Thai Ha PCL BKK:KASET
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Ha PCL ROCE % Calculation

Thai Ha 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 )
=-52.898/( ( (693.817 - 357.9) + (630.022 - 315.992) )/ 2 )
=-52.898/( (335.917+314.03)/ 2 )
=-52.898/324.9735
=-16.28 %

Thai Ha 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 )
=-69.148/( ( (630.022 - 315.992) + (598.244 - 283.189) )/ 2 )
=-69.148/( ( 314.03 + 315.055 )/ 2 )
=-69.148/314.5425
=-21.98 %

(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 -21.98% mean?
Thai Ha PCL (BKK:KASET) has a ROCE % of -21.98% as of Mar. 2026.
Is Thai Ha PCL's ROCE % too high?
Thai Ha PCL's current ROCE % is -21.98%. Overall, Thai Ha PCL has a GF Score™ of 25/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Ha PCL's ROCE % compare to KHC and GIS?
Thai Ha PCL's ROCE % of -21.98% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.74. 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 8.74, based on 1,937 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 8.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Ha PCL's current ROCE % is -21.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Ha PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Ha PCL (BKK:KASET) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.61, compared to a current price of ฿0.69 — trading 13.1% above its estimated fair value. The current ROCE % is -21.98%. Thai Ha PCL's overall GF Score™ is 25/100 with 8 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 Thai Ha PCL (BKK:KASET), the current ROCE % is -21.98% 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 Thai Ha PCL (BKK:KASET) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Ha PCL stock appears to be overvalued. The current stock price of ฿0.69 is trading 13.1% above its estimated GF Value™ of ฿0.61. GuruFocus considers Thai Ha PCL to be Modestly Overvalued.

Key valuation signals for BKK:KASET:

  • ROCE %: -21.98%
  • GF Value™: ฿0.61 vs. price of ฿0.69 (13.1% above fair value)
  • GF Score™: 25/100 with 8 warning signs

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

Thai Ha PCL Business Description

Address 140 Moo 5, Tambol Bangkratuek, Amphur Sampran, Nakornpathom, Bangkok, THA, 73210
Thai Ha PCL is engaged in the manufacture and distribution of agricultural products. It is also involved in the processing of agricultural products and instant products. The company produces and distributes Jasmine rice, beans and processed agricultural products such as Soybean oil, Bean thread vermicelli, and Vinegar under the brand Kaset and Smart Chef. The operating segment is manufacturing and merchandising segments of agricultural products and processed agricultural products and instant products. It derives maximum revenue from Manufacturing from export sales.
25GF Score

Get the complete analysis for BKK:KASET

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

฿0.69
Price
฿0.61
GF Value