Ocean Glass PCL (BKK:OGC) ROCE %: -5.95% (As of Mar. 2026)

What is Ocean Glass PCL ROCE %?

Ocean Glass PCL BKK:OGC 59 ROCE % is -5.95% as of Mar. 2026. GuruFocus rates BKK:OGC with a GF Score™ of 59/100 and a GF Value™ of ฿18.45 (Possible Value Trap). 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. Ocean Glass PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was -5.95%.

Ocean Glass PCL (BKK:OGC) 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.

Ocean Glass PCL ROCE % Related Terms

Ocean Glass PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Ocean Glass 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.

Ocean Glass PCL ROCE % Chart

Ocean Glass PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

1.21

2.16

2.39

-3.11

-2.13

Ocean Glass 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															-3.70	-3.71	4.38	-5.59	-5.95

59GF Score

Ocean Glass PCL BKK:OGC

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Ocean Glass PCL ROCE % Calculation

Ocean Glass 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 )
	=	-49.056	/	( ( (3927.253 - 1602.56)	+	(3875.819 - 1597.244) )	/ 2 )
	=	-49.056	/	( (2324.693	+	2278.575)	/ 2 )
	=	-49.056	/	2301.634
	=	-2.13 %

Ocean Glass 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 )
	=	-139.188	/	( ( (3875.819 - 1597.244)	+	(3820.697 - 1422.674) )	/ 2 )
	=	-139.188	/	( ( 2278.575	+	2398.023 )	/ 2 )
	=	-139.188	/	2338.299
	=	-5.95 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -5.95% mean?

Ocean Glass PCL (BKK:OGC) has a ROCE % of -5.95% as of Mar. 2026.

Is Ocean Glass PCL's ROCE % too high?

Ocean Glass PCL's current ROCE % is -5.95%. Overall, Ocean Glass PCL has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Ocean Glass PCL's ROCE % compare to SN and SGI?

Ocean Glass PCL's ROCE % of -5.95% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROCE % is 5.56. 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 Furnishings, Fixtures & Appliances company?

The median ROCE % among Furnishings, Fixtures & Appliances companies is 5.56, based on 427 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 Furnishings, Fixtures & Appliances industry, the median ROCE % is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Glass PCL's current ROCE % is -5.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ocean Glass PCL stock overvalued right now?

Based on GuruFocus' analysis, Ocean Glass PCL (BKK:OGC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿18.45, compared to a current price of ฿9.70 — trading 47.4% below its estimated fair value. The current ROCE % is -5.95%. Ocean Glass PCL's overall GF Score™ is 59/100 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 Ocean Glass PCL (BKK:OGC), the current ROCE % is -5.95% 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 Ocean Glass PCL (BKK:OGC) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Glass PCL stock appears to be undervalued. The current stock price of ฿9.70 is trading 47.4% below its estimated GF Value™ of ฿18.45. GuruFocus considers Ocean Glass PCL to be Possible Value Trap.

Key valuation signals for BKK:OGC:

ROCE %: -5.95%
GF Value™: ฿18.45 vs. price of ฿9.70 (47.4% below fair value)
GF Score™: 59/100 with 8 warning signs

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

Ocean Glass PCL Business Description

Industry Consumer Cyclical Furnishings, Fixtures & Appliances

Comparable Companies BKK:ROCK BKK:FANCY BKK:HPT BKK:ECF BKK:ITTHI BKK:CHIC BKK:SIAM BKK:KOOL SZSE:000333 SZSE:000651 SHSE:600690 TPE:2059 SHSE:603268 SN SGI TSE:9843 MHK LSE:HWDN MIL:DLG ALH

Address Sukhumvit 19 Road (Soi Wattana, 75/3 and 75/88-90 Ocean Tower II, 12th and 34th floor, North Klongtoey, Wattana, Bangkok, THA, 10110

Website https://www.oceanglass.com

Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.

59GF Score

Get the complete analysis for BKK:OGC

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

฿9.70

Price

฿18.45

GF Value

View BKK:OGC Analysis

See ROCE % data for all stocks →