Mandarin Hotel PCL (BKK:MANRIN) ROCE %: 12.30% (As of Mar. 2026)

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BKK:MANRIN Mandarin Hotel PCL BKK:MANRIN
62 GF Score
Price ฿21.10
GF Value ฿32.61
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Mandarin Hotel PCL ROCE %?

Mandarin Hotel PCL BKK:MANRIN 62 ROCE % is 12.30% as of Mar. 2026. GuruFocus rates BKK:MANRIN with a GF Score™ of 62/100 and a GF Value™ of ฿32.61 (Significantly Undervalued). 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. Mandarin Hotel PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 12.30%.

Mandarin Hotel PCL  (BKK:MANRIN) 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.

Mandarin Hotel PCL ROCE % Related Terms

Mandarin Hotel PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Mandarin Hotel 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.

Mandarin Hotel PCL ROCE % Chart

Mandarin Hotel 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 -6.15 -3.86 6.48 12.00 9.89

Mandarin Hotel 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 14.28 4.35 11.08 9.71 12.30
BKK:MANRIN
62GF Score
Mandarin Hotel PCL BKK:MANRIN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mandarin Hotel PCL ROCE % Calculation

Mandarin Hotel 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 )
=59.945/( ( (691.668 - 67.415) + (645.327 - 57.849) )/ 2 )
=59.945/( (624.253+587.478)/ 2 )
=59.945/605.8655
=9.89 %

Mandarin Hotel 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 )
=71.412/( ( (645.327 - 57.849) + (629.651 - 56.023) )/ 2 )
=71.412/( ( 587.478 + 573.628 )/ 2 )
=71.412/580.553
=12.30 %

(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 12.30% mean?
Mandarin Hotel PCL (BKK:MANRIN) has a ROCE % of 12.30% as of Mar. 2026.
Is Mandarin Hotel PCL's ROCE % too high?
Mandarin Hotel PCL's current ROCE % is 12.30%. The Travel & Leisure industry median ROCE % is 6.32. Mandarin Hotel PCL's value of 12.30% is 94.6% above this industry median. Overall, Mandarin Hotel PCL has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mandarin Hotel PCL's ROCE % compare to MAR and HLT?
Mandarin Hotel PCL's ROCE % of 12.30% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.32. Mandarin Hotel PCL's value of 12.30% is 94.6% 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.32, based on 835 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. Mandarin Hotel PCL's current ROCE % of 12.30% is 94.6% 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 Travel & Leisure industry, the median ROCE % is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mandarin Hotel PCL's current ROCE % is 12.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mandarin Hotel PCL stock overvalued right now?
Based on GuruFocus' analysis, Mandarin Hotel PCL (BKK:MANRIN) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿32.61, compared to a current price of ฿21.10 — trading 35.3% below its estimated fair value. The current ROCE % is 12.30% and 94.6% above the Travel & Leisure industry median of 6.32. Mandarin Hotel PCL's overall GF Score™ is 62/100 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 Mandarin Hotel PCL (BKK:MANRIN), the current ROCE % is 12.30% 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 Mandarin Hotel PCL (BKK:MANRIN) Overvalued in 2026?

Based on GuruFocus' analysis, Mandarin Hotel PCL stock appears to be undervalued. The current stock price of ฿21.10 is trading 35.3% below its estimated GF Value™ of ฿32.61. GuruFocus considers Mandarin Hotel PCL to be Significantly Undervalued.

Key valuation signals for BKK:MANRIN:

  • ROCE %: 12.30%
  • GF Value™: ฿32.61 vs. price of ฿21.10 (35.3% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 94.6% above the Travel & Leisure median

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

Mandarin Hotel PCL Business Description

Address 662 Rama 4 Road, Mahaprutharam, Bangrak, Bangkok, THA, 10500
Mandarin Hotel PCL is engaged in the hotel and resort business. The firm through its hotels and resorts provides accommodation, food and drink, a spa, a swimming pool, a fitness center, catering, and other related services. Its core business segment information involves virtually two geographical segments in the hotel business and hotel for lease which operates only in Thailand. A majority of the company's revenue is generated from the hotel business.
62GF Score

Get the complete analysis for BKK:MANRIN

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

฿21.10
Price
฿32.61
GF Value