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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. Nonthavej Hospital PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.09%.
Nonthavej Hospital PCL (BKK:NTV) 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.
* 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.
(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.
Nonthavej Hospital PCL (BKK:NTV) has a ROCE % of 7.09% as of Mar. 2026.
Is Nonthavej Hospital PCL's ROCE % too high?
Nonthavej Hospital PCL's current ROCE % is 7.09%. The Healthcare Providers & Services industry median ROCE % is 6.41. Nonthavej Hospital PCL's value of 7.09% is 10.6% above this industry median. Overall, Nonthavej Hospital PCL has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nonthavej Hospital PCL's ROCE % compare to HCA and THC?
Nonthavej Hospital PCL's ROCE % of 7.09% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.41. Nonthavej Hospital PCL's value of 7.09% is 10.6% 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 Healthcare Providers & Services company?
The median ROCE % among Healthcare Providers & Services companies is 6.41, based on 641 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. Nonthavej Hospital PCL's current ROCE % of 7.09% is 10.6% 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 Healthcare Providers & Services industry, the median ROCE % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nonthavej Hospital PCL's current ROCE % is 7.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nonthavej Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Nonthavej Hospital PCL (BKK:NTV) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿28.88, compared to a current price of ฿18.90 — trading 34.6% below its estimated fair value. The current ROCE % is 7.09% and 10.6% above the Healthcare Providers & Services industry median of 6.41. Nonthavej Hospital PCL's overall GF Score™ is 73/100 with 1 warning sign 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 Nonthavej Hospital PCL (BKK:NTV), the current ROCE % is 7.09% 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 Nonthavej Hospital PCL (BKK:NTV) Overvalued in 2026?
Based on GuruFocus' analysis, Nonthavej Hospital PCL stock appears to be undervalued.
The current stock price of ฿18.90 is trading 34.6% below its estimated GF Value™ of ฿28.88.
GuruFocus considers Nonthavej Hospital PCL to be Significantly Undervalued.
Key valuation signals for BKK:NTV:
ROCE %: 7.09%
GF Value™: ฿28.88 vs. price of ฿18.90 (34.6% below fair value)
Industry Position: 10.6% above the Healthcare Providers & Services median
No single metric tells the full story. See the BKK:NTV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nonthavej Hospital PCL is engaged in the business of medical treatment in Thailand. It provides medical services by specialist physicians in all fields, supported by an experienced medical team. Its facilities include diagnostic and treatment equipment, a wellness center, a mobile digital X-ray unit for on-site and off-site health assessments, and ambulance services for patient transportation. The majority of the company's revenue is derived from hospital operations, which mainly consist of medical fees, hospital room sales, and medicine sales.
73GF Score
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