Mida Leasing PCL (BKK:ML) ROCE %: 3.26% (As of Mar. 2026)


BKK:ML Mida Leasing PCL BKK:ML
40 GF Score
Price ฿1.68
GF Value ฿0.46
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Mida Leasing PCL ROCE %?

Mida Leasing PCL BKK:ML +12.75% 40 ROCE % is 3.26% as of Mar. 2026. GuruFocus rates BKK:ML with a GF Score™ of 40/100 and a GF Value™ of ฿0.46 (Significantly 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. Mida Leasing PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.26%.


Mida Leasing PCL  (BKK:ML) 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.


Mida Leasing PCL ROCE % Related Terms


Mida Leasing PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Mida Leasing 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.

Mida Leasing PCL ROCE % Chart

Mida Leasing 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 4.13 3.62 0.92 0.01 1.08

Mida Leasing 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 1.58 1.52 1.22 -0.49 3.26
BKK:ML
40GF Score
Mida Leasing PCL BKK:ML
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mida Leasing PCL ROCE % Calculation

Mida Leasing 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 )
=30/( ( (3718.388 - 516.651) + (3444.608 - 1080.522) )/ 2 )
=30/( (3201.737+2364.086)/ 2 )
=30/2782.9115
=1.08 %

Mida Leasing 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 )
=76.48/( ( (3444.608 - 1080.522) + (3432.345 - 1106.701) )/ 2 )
=76.48/( ( 2364.086 + 2325.644 )/ 2 )
=76.48/2344.865
=3.26 %

(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 3.26% mean?
Mida Leasing PCL (BKK:ML) has a ROCE % of 3.26% as of Mar. 2026.
Is Mida Leasing PCL's ROCE % too high?
Mida Leasing PCL's current ROCE % is 3.26%. The Credit Services industry median ROCE % is 3.39. Mida Leasing PCL's value of 3.26% is 3.8% below this industry median. Overall, Mida Leasing PCL has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mida Leasing PCL's ROCE % compare to V and MA?
Mida Leasing PCL's ROCE % of 3.26% can be compared against companies in the Credit Services industry. The industry median ROCE % is 3.39. Mida Leasing PCL's value of 3.26% is 3.8% below 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 Credit Services company?
The median ROCE % among Credit Services companies is 3.39, based on 417 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. Mida Leasing PCL's current ROCE % of 3.26% is 3.8% below 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 Credit Services industry, the median ROCE % is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mida Leasing PCL's current ROCE % is 3.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mida Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Mida Leasing PCL (BKK:ML) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.46, compared to a current price of ฿1.68 — trading 265.2% above its estimated fair value. The current ROCE % is 3.26% and 3.8% below the Credit Services industry median of 3.39. Mida Leasing PCL's overall GF Score™ is 40/100 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 Mida Leasing PCL (BKK:ML), the current ROCE % is 3.26% 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 Mida Leasing PCL (BKK:ML) Overvalued in 2026?

Based on GuruFocus' analysis, Mida Leasing PCL stock appears to be overvalued. The current stock price of ฿1.68 is trading 265.2% above its estimated GF Value™ of ฿0.46. GuruFocus considers Mida Leasing PCL to be Significantly Overvalued.

Key valuation signals for BKK:ML:

  • ROCE %: 3.26%
  • GF Value™: ฿0.46 vs. price of ฿1.68 (265.2% above fair value)
  • GF Score™: 40/100 with 8 warning signs
  • Industry Position: 3.8% below the Credit Services median

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


Mida Leasing PCL Business Description

Address 48/1-5, Soi Chaengwattana 14, Chaengwattana Road, Thungsonghong, Lak si, Bangkok, THA, 10210
Mida Leasing PCL is engaged in providing financial services for used cars hire-purchasing and management of non-performing assets. The company operates its business in three segments, namely Hire purchase financing for used cars, Other financial services, and Non-performing receivable management business. It also expanded its range of loans, including new hire-purchase loans, hire-purchase of taxis, and working capital loans. The company's majority businesses are carried out in Thailand.
40GF Score

Get the complete analysis for BKK:ML

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

฿1.68
Price
฿0.46
GF Value