Nova Empire PCL (BKK:NOVA) ROCE %: -4.32% (As of Mar. 2026)


BKK:NOVA Nova Empire PCL BKK:NOVA
46 GF Score
Price ฿7.35
! 4 Warning Signs
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What is Nova Empire PCL ROCE %?

Nova Empire PCL BKK:NOVA 46 ROCE % is -4.32% as of Mar. 2026. GuruFocus rates BKK:NOVA with a GF Score™ of 46/100. The stock has 4 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. Nova Empire PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was -4.32%.

Nova Empire PCL  (BKK:NOVA) 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.

Nova Empire PCL ROCE % Related Terms

Nova Empire PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Nova Empire 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.

Nova Empire PCL ROCE % Chart

Nova Empire PCL Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.50 1.05 -0.98 -3.30 3.99

Nova Empire 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 0.83 7.52 5.83 -0.89 -4.32
BKK:NOVA
46GF Score
Nova Empire PCL BKK:NOVA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nova Empire PCL ROCE % Calculation

Nova Empire 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 )
=130.45/( ( (3504.594 - 712.227) + (4264.631 - 519.413) )/ 2 )
=130.45/( (2792.367+3745.218)/ 2 )
=130.45/3268.7925
=3.99 %

Nova Empire 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 )
=-159.104/( ( (4264.631 - 519.413) + (4212.869 - 593.07) )/ 2 )
=-159.104/( ( 3745.218 + 3619.799 )/ 2 )
=-159.104/3682.5085
=-4.32 %

(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 -4.32% mean?
Nova Empire PCL (BKK:NOVA) has a ROCE % of -4.32% as of Mar. 2026.
Is Nova Empire PCL's ROCE % too high?
Nova Empire PCL's current ROCE % is -4.32%. Overall, Nova Empire PCL has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Nova Empire PCL's ROCE % compare to FSLR and NXT?
Nova Empire PCL's ROCE % of -4.32% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.84. 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.84, based on 1,015 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 Semiconductors industry, the median ROCE % is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Empire PCL's current ROCE % is -4.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Empire PCL stock overvalued right now?
Nova Empire PCL (BKK:NOVA) has a current ROCE % of -4.32%. The current ROCE % is -4.32%. Nova Empire PCL's overall GF Score™ is 46/100 with 4 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 Nova Empire PCL (BKK:NOVA), the current ROCE % is -4.32% 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.

Nova Empire PCL Business Description

Address No. 88 Soi Bangna-Trad 30, Debaratana Road, Bangna Tai, Bangna, Bangkok, THA, 10260
Nova Empire PCL operates in the investment activity. The company has two operating segments: the solar power segment and the offshore services segment in the oil and natural gas industry. The company operates in Thailand only.
46GF Score

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

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