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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. Rojana Industrial Park PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 31.54%.
Rojana Industrial Park PCL (BKK:ROJNA) 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.
Rojana Industrial Park PCL (BKK:ROJNA) has a ROCE % of 31.54% as of Mar. 2026.
Is Rojana Industrial Park PCL's ROCE % too high?
Rojana Industrial Park PCL's current ROCE % is 31.54%. The Utilities - Independent Power Producers industry median ROCE % is 4.57. Rojana Industrial Park PCL's value of 31.54% is 590.9% above this industry median. Overall, Rojana Industrial Park PCL has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rojana Industrial Park PCL's ROCE % compare to CEG and VST?
Rojana Industrial Park PCL's ROCE % of 31.54% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.57. Rojana Industrial Park PCL's value of 31.54% is 590.9% 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 4.57, based on 442 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. Rojana Industrial Park PCL's current ROCE % of 31.54% is 590.9% 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 4.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rojana Industrial Park PCL's current ROCE % is 31.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rojana Industrial Park PCL stock overvalued right now?
Based on GuruFocus' analysis, Rojana Industrial Park PCL (BKK:ROJNA) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿4.59, compared to a current price of ฿6.10 — trading 32.9% above its estimated fair value. The current ROCE % is 31.54% and 590.9% above the Utilities - Independent Power Producers industry median of 4.57. Rojana Industrial Park PCL's overall GF Score™ is 68/100 with 9 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 Rojana Industrial Park PCL (BKK:ROJNA), the current ROCE % is 31.54% 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 Rojana Industrial Park PCL (BKK:ROJNA) Overvalued in 2026?
Based on GuruFocus' analysis, Rojana Industrial Park PCL stock appears to be overvalued.
The current stock price of ฿6.10 is trading 32.9% above its estimated GF Value™ of ฿4.59.
GuruFocus considers Rojana Industrial Park PCL to be Significantly Overvalued.
Key valuation signals for BKK:ROJNA:
ROCE %: 31.54%
GF Value™: ฿4.59 vs. price of ฿6.10 (32.9% above fair value)
Industry Position: 590.9% above the Utilities - Independent Power Producers median
No single metric tells the full story. See the BKK:ROJNA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rojana Industrial Park PCL is engaged in the development of industrial estate at Ayutthaya, Rayong, and Chonburi Provinces. The segments of the company comprise Real estate development & related services, Electricity generating, Production & distribution of industrial water. The majority of revenue is derived from the sales of electricity business. Geographically it only operates in Thailand.
68GF 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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