Nava Nakorn PCL (BKK:NNCL) ROCE %: 6.42% (As of Mar. 2026)


BKK:NNCL Nava Nakorn PCL BKK:NNCL
76 GF Score
Price ฿1.69
GF Value ฿1.59
Valuation Fairly Valued
! 3 Warning Signs
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What is Nava Nakorn PCL ROCE %?

Nava Nakorn PCL BKK:NNCL 76 ROCE % is 6.42% as of Mar. 2026. GuruFocus rates BKK:NNCL with a GF Score™ of 76/100 and a GF Value™ of ฿1.59 (Fairly Valued). The stock has 3 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. Nava Nakorn PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.42%.

Nava Nakorn PCL  (BKK:NNCL) 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.

Nava Nakorn PCL ROCE % Related Terms

Nava Nakorn PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Nava Nakorn 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.

Nava Nakorn PCL ROCE % Chart

Nava Nakorn 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 11.37 7.18 11.22 10.83 8.43

Nava Nakorn 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 9.98 4.98 14.05 4.63 6.42
BKK:NNCL
76GF Score
Nava Nakorn PCL BKK:NNCL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nava Nakorn PCL ROCE % Calculation

Nava Nakorn 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 )
=380.413/( ( (4667.006 - 192.615) + (4980.807 - 426.139) )/ 2 )
=380.413/( (4474.391+4554.668)/ 2 )
=380.413/4514.5295
=8.43 %

Nava Nakorn 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 )
=293.764/( ( (4980.807 - 426.139) + (5023.119 - 430.804) )/ 2 )
=293.764/( ( 4554.668 + 4592.315 )/ 2 )
=293.764/4573.4915
=6.42 %

(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 6.42% mean?
Nava Nakorn PCL (BKK:NNCL) has a ROCE % of 6.42% as of Mar. 2026.
Is Nava Nakorn PCL's ROCE % too high?
Nava Nakorn PCL's current ROCE % is 6.42%. The Utilities - Independent Power Producers industry median ROCE % is 4.75. Nava Nakorn PCL's value of 6.42% is 35.2% above this industry median. Overall, Nava Nakorn PCL has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nava Nakorn PCL's ROCE % compare to CEG and VST?
Nava Nakorn PCL's ROCE % of 6.42% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.75. Nava Nakorn PCL's value of 6.42% is 35.2% 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 an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.75, based on 437 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. Nava Nakorn PCL's current ROCE % of 6.42% is 35.2% 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 Utilities - Independent Power Producers industry, the median ROCE % is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nava Nakorn PCL's current ROCE % is 6.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nava Nakorn PCL stock overvalued right now?
Based on GuruFocus' analysis, Nava Nakorn PCL (BKK:NNCL) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.59, compared to a current price of ฿1.69 — trading 6.3% above its estimated fair value. The current ROCE % is 6.42% and 35.2% above the Utilities - Independent Power Producers industry median of 4.75. Nava Nakorn PCL's overall GF Score™ is 76/100 with 3 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 Nava Nakorn PCL (BKK:NNCL), the current ROCE % is 6.42% 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 Nava Nakorn PCL (BKK:NNCL) Overvalued in 2026?

Based on GuruFocus' analysis, Nava Nakorn PCL stock appears to be overvalued. The current stock price of ฿1.69 is trading 6.3% above its estimated GF Value™ of ฿1.59. GuruFocus considers Nava Nakorn PCL to be Fairly Valued.

Key valuation signals for BKK:NNCL:

  • ROCE %: 6.42%
  • GF Value™: ฿1.59 vs. price of ฿1.69 (6.3% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 35.2% above the Utilities - Independent Power Producers median

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

Nava Nakorn PCL Business Description

Address 999 Moo 13, Phaholyothin Road, Tambol Klong Nueng, Amphur Klong Luang, Pathumthani, THA, 12120
Nava Nakorn PCL is an industrial estate developer. It is engaged in the development of the property and industrial promotion zone projects for trading and leasing, and providing utilities and other facilities services in the industrial promotion zone. The company has two reportable segments, namely the Real estate business and the Utilities services business. It generates the majority of its revenue from the Utilities services segment.
76GF Score

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

฿1.69
Price
฿1.59
GF Value