Nforce Secure PCL (BKK:SECURE) ROCE %: 20.72% (As of Mar. 2026)

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BKK:SECURE Nforce Secure PCL BKK:SECURE
92 GF Score
Price ฿14.20
GF Value ฿15.00
Valuation Fairly Valued
! 2 Warning Signs
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What is Nforce Secure PCL ROCE %?

Nforce Secure PCL BKK:SECURE -1.39% 92 ROCE % is 20.72% as of Mar. 2026. GuruFocus rates BKK:SECURE with a GF Score™ of 92/100 and a GF Value™ of ฿15.00 (Fairly Valued). The stock has 2 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. Nforce Secure PCL's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.72%.

Nforce Secure PCL  (BKK:SECURE) 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.

Nforce Secure PCL ROCE % Related Terms

Nforce Secure PCL ROCE % Historical Data

* Premium members only.

The historical data trend for Nforce Secure 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.

Nforce Secure PCL ROCE % Chart

Nforce Secure PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 20.32 11.02 17.18 19.68 19.40

Nforce Secure 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 19.02 20.39 17.86 21.10 20.72
BKK:SECURE
92GF Score
Nforce Secure PCL BKK:SECURE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nforce Secure PCL ROCE % Calculation

Nforce Secure 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 )
=153.966/( ( (1016.754 - 252.707) + (1157.142 - 333.834) )/ 2 )
=153.966/( (764.047+823.308)/ 2 )
=153.966/793.6775
=19.40 %

Nforce Secure 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 )
=175.456/( ( (1157.142 - 333.834) + (1071.799 - 201.919) )/ 2 )
=175.456/( ( 823.308 + 869.88 )/ 2 )
=175.456/846.594
=20.72 %

(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 20.72% mean?
Nforce Secure PCL (BKK:SECURE) has a ROCE % of 20.72% as of Mar. 2026.
Is Nforce Secure PCL's ROCE % too high?
Nforce Secure PCL's current ROCE % is 20.72%. The Hardware industry median ROCE % is 5.89. Nforce Secure PCL's value of 20.72% is 252.1% above this industry median. Overall, Nforce Secure PCL has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nforce Secure PCL's ROCE % compare to MSFT and ORCL?
Nforce Secure PCL's ROCE % of 20.72% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.89. Nforce Secure PCL's value of 20.72% is 252.1% 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 Hardware company?
The median ROCE % among Hardware companies is 5.89, based on 2,452 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. Nforce Secure PCL's current ROCE % of 20.72% is 252.1% 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 Hardware industry, the median ROCE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nforce Secure PCL's current ROCE % is 20.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nforce Secure PCL stock overvalued right now?
Based on GuruFocus' analysis, Nforce Secure PCL (BKK:SECURE) is currently considered Fairly Valued. The stock's GF Value™ is ฿15.00, compared to a current price of ฿14.20 — trading 5.3% below its estimated fair value. The current ROCE % is 20.72% and 252.1% above the Hardware industry median of 5.89. Nforce Secure PCL's overall GF Score™ is 92/100 with 2 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 Nforce Secure PCL (BKK:SECURE), the current ROCE % is 20.72% 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 Nforce Secure PCL (BKK:SECURE) Overvalued in 2026?

Based on GuruFocus' analysis, Nforce Secure PCL stock appears to be undervalued. The current stock price of ฿14.20 is trading 5.3% below its estimated GF Value™ of ฿15.00. GuruFocus considers Nforce Secure PCL to be Fairly Valued.

Key valuation signals for BKK:SECURE:

  • ROCE %: 20.72%
  • GF Value™: ฿15.00 vs. price of ฿14.20 (5.3% below fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 252.1% above the Hardware median

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

Nforce Secure PCL Business Description

Address Ratchadapisek Road, 9/2 The Synchronized, Soi Ratchadapisek 18, Huai Khwang Sub-district, Huai Khwang District, Bangkok, THA, 10310
Nforce Secure PCL is a distributor of cybersecurity solution products and offers other supporting services. It is mainly engaged in selling computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management, and providing services for business consulting, risk assessment, planning, and training.
92GF Score

Get the complete analysis for BKK:SECURE

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

฿14.20
Price
฿15.00
GF Value